ZUnclassifiedEIN: 381357148· Ruling Year: 1951

Goodwill Industries Of West Michigan Inc

Muskegon, Michigan

AHealth Score
89A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.18×
Peer Median5.86×
💰
$33.0M
Total Revenue
📊
$28.0M
Total Expenses
🏦
$33.0M
Net Assets
📋
$13.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+28.1%
Year-over-year change (2022 → 2023)
Net Margin
+15.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.18
Net assets divided by total expenses
Liabilities-to-Assets
28.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$32,990,34128%$28,044,95513%$46,076,7952%
2022$25,744,8753%$24,771,1467%$45,060,19031%
2021$24,966,80624%$23,150,1354%$34,346,5857%
2020$20,135,08213%$22,318,2801%$32,014,0545%
2019$23,157,0093%$22,491,4476%$33,534,2198%
2018$22,428,5548%$21,229,6416%$31,128,976
2017$20,781,4694%$19,945,2572%$31,158,2035%
2016$21,599,6454%$20,273,2593%$29,790,4924%
2015$20,696,3094%$19,684,961$28,749,69815%
2014$21,477,5483%$19,783,8423%$24,960,6936%
2013$20,784,3931%$19,229,8655%$23,566,1477%
2012$20,640,7073%$18,274,721$21,946,80413%
2011$20,126,320$18,316,092$19,484,727

Frequently Asked Questions

What does Goodwill Industries Of West Michigan Inc do?

Goodwill Industries Of West Michigan Inc is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries Of West Michigan Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries Of West Michigan Inc has a score of 89/100 (Grade: A). 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 Goodwill Industries Of West Michigan Inc generate?

Goodwill Industries Of West Michigan Inc reports $30.3M in annual revenue and holds $44.9M in total assets, based on IRS filings.

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Goodwill Industries Of West Michigan Inc — Muskegon, MI | GiveScope