ZUnclassifiedEIN: 042943796· Ruling Year: 1988

Goddard Homestead Inc

Worcester, Massachusetts

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.41×
Peer Median15.40×
💰
$3.9M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$5.4M
Net Assets
📋
$7.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.8%
Year-over-year change (2022 → 2023)
Net Margin
+1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.41
Net assets divided by total expenses
Liabilities-to-Assets
58.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,914,55515%$3,865,4061%$13,253,4353%
2022$3,410,01814%$3,845,86322%$12,875,7674%
2021$3,000,3767%$3,144,8132%$13,387,664104%
2020$3,234,57815%$3,093,734$6,549,9506%
2019$2,820,9431%$3,096,4261%$6,171,761
2018$2,804,5532%$3,138,8791%$6,172,4198%
2017$2,748,55049%$3,122,44817%$6,694,7104%
2016$5,438,334128%$2,667,4136%$6,939,08972%
2015$2,385,05715%$2,513,78810%$4,038,6816%
2014$2,066,8515%$2,280,79617%$4,317,2689%
2013$1,961,43817%$1,944,795$4,743,6133%
2012$1,669,5736%$1,937,1663%$4,881,4713%
2011$1,581,272$1,877,119$5,050,291

Frequently Asked Questions

What does Goddard Homestead Inc do?

Goddard Homestead Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goddard Homestead Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goddard Homestead Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Goddard Homestead Inc generate?

Goddard Homestead Inc reports $7.9M in annual revenue and holds $16.7M in total assets, based on IRS filings.

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Goddard Homestead Inc — Worcester, MA | GiveScope