JEmploymentEIN: 381358009· Ruling Year: 1947

Goodwill Industries Of Mid-michigan Inc

Flint, Michigan

A-Health Score
80A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.45×
Peer Median4.74×
💰
$34.5M
Total Revenue
📊
$31.9M
Total Expenses
🏦
$14.2M
Net Assets
📋
$6.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.4%
Year-over-year change (2022 → 2023)
Net Margin
+7.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.45
Net assets divided by total expenses
Liabilities-to-Assets
31.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,452,0514%$31,945,1997%$20,653,37811%
2022$33,008,6628%$29,741,07215%$18,643,50099%
2021$30,637,36171%$25,816,66137%$9,350,79650%
2020$17,906,35325%$18,841,92920%$6,247,59318%
2019$23,909,0494%$23,431,6271%$5,281,95011%
2018$22,959,5261%$23,093,3773%$4,765,4164%
2017$22,723,9244%$22,491,4622%$4,957,7593%
2016$21,854,0408%$23,063,4013%$4,822,91722%
2015$23,760,5752%$23,820,0312%$6,185,1848%
2014$24,245,3981%$24,393,6282%$6,715,7391%
2013$24,103,10046%$23,851,87356%$6,807,0289%
2012$16,508,27021%$15,274,68517%$6,260,81931%
2011$13,658,970$13,107,097$4,786,069

Frequently Asked Questions

What does Goodwill Industries Of Mid-michigan Inc do?

Goodwill Industries Of Mid-michigan Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries Of Mid-michigan Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries Of Mid-michigan Inc has a score of 80/100 (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 Mid-michigan Inc generate?

Goodwill Industries Of Mid-michigan Inc reports $37.2M in annual revenue and holds $28.5M in total assets, based on IRS filings.

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