JEmploymentEIN: 381426892· Ruling Year: 1955

Goodwill Industries Of Central Michigans Heartland Inc

Battle Creek, Michigan

AHealth Score
86A

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.76×
Peer Median4.74×
💰
$29.7M
Total Revenue
📊
$25.5M
Total Expenses
🏦
$44.8M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.4%
Year-over-year change (2022 → 2023)
Net Margin
+14.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.76
Net assets divided by total expenses
Liabilities-to-Assets
8.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$29,666,892$25,519,76213%$49,001,49110%
2022$29,555,3175%$22,490,3585%$44,710,78529%
2021$28,066,56347%$21,484,52713%$34,739,84412%
2020$19,118,69616%$18,941,1269%$31,145,3578%
2019$22,851,8156%$20,709,1476%$28,839,85311%
2018$21,631,3008%$19,543,6837%$25,981,2894%
2017$20,067,8151%$18,203,6692%$24,910,48910%
2016$20,318,5168%$18,665,0813%$22,624,2519%
2015$21,968,5263%$19,169,9735%$20,838,2775%
2014$22,614,7053%$20,125,9356%$19,787,79915%
2013$22,004,1959%$18,988,42913%$17,166,64124%
2012$20,128,60412%$16,856,3307%$13,871,61430%
2011$17,922,194$15,795,669$10,665,494

Frequently Asked Questions

What does Goodwill Industries Of Central Michigans Heartland Inc do?

Goodwill Industries Of Central Michigans Heartland 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 Central Michigans Heartland Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries Of Central Michigans Heartland Inc has a score of 86/100 (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 Central Michigans Heartland Inc generate?

Goodwill Industries Of Central Michigans Heartland Inc reports $33.7M in annual revenue and holds $55.0M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Michigan.