JEmploymentEIN: 201643163· Ruling Year: 2005

Goodtemps Inc

Muskegon, Michigan

B+Health Score
72B+

Financial Health Score

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

Good

💰
$6.9M
Total Revenue
📊
$7.8M
Total Expenses
🏦
$677K
Net Assets
📋
$18K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.0%
Year-over-year change (2022 → 2023)
Net Margin
-14.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.09
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,860,1884%$7,821,27113%$694,78760%
2022$7,148,16728%$6,907,47229%$1,722,76817%
2021$5,593,63154%$5,365,02751%$1,471,20421%
2020$3,624,57328%$3,563,60327%$1,215,6482%
2019$5,015,9732%$4,904,280$1,190,3887%
2018$5,133,3457%$4,889,6344%$1,109,30432%
2017$4,798,4545%$4,698,4203%$840,11911%
2016$4,557,97918%$4,540,58617%$753,5334%
2015$5,548,82425%$5,459,14924%$721,3553%
2014$7,440,75710%$7,194,1768%$697,38535%
2013$6,771,9976%$6,649,4858%$518,1718%
2012$6,413,10132%$6,159,14729%$564,20833%
2011$4,845,438$4,787,130$424,463

Frequently Asked Questions

What does Goodtemps Inc do?

Goodtemps Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodtemps Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodtemps Inc has a score of 72/100 (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 Goodtemps Inc generate?

Goodtemps Inc reports $4.0M in annual revenue and holds $879K in total assets, based on IRS filings.

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