JEmploymentEIN: 010284340

Goodwill Industries of Northern New England

Gorham, Maine

BHealth Score
64B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.49×
Peer Median4.74×
💰
$88.4M
Total Revenue
📊
$88.8M
Total Expenses
🏦
$43.5M
Net Assets
📋
$42.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.2%
Year-over-year change (2023 → 2024)
Net Margin
-0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.49
Net assets divided by total expenses
Liabilities-to-Assets
49.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$88,405,1157%$88,750,5647%$85,875,592
2023$82,470,0123%$82,999,1288%$85,551,34634%
2022$85,182,8801%$76,762,6895%$63,662,7548%
2021$84,510,41326%$73,072,718$68,831,82331%
2020$66,975,90916%$73,226,8583%$52,589,2424%
2019$79,541,1965%$75,557,115$54,899,7654%
2018$75,727,3362%$75,259,1682%$52,830,9991%
2017$77,144,1102%$76,654,2502%$52,527,687
2016$79,040,9127%$78,109,0335%$52,590,2881%
2015$73,745,1133%$74,512,20510%$52,323,7211%
2014$71,524,4242%$67,821,9292%$52,785,46310%
2013$70,315,3627%$66,198,1005%$47,782,19210%
2012$65,411,9758%$62,844,9918%$43,633,78610%
2011$60,650,799$58,269,115$39,826,786

Frequently Asked Questions

What does Goodwill Industries of Northern New England do?

Goodwill Industries of Northern New England is a employment nonprofit organization based in Maine. It is classified under NTEE code J32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries of Northern New England financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries of Northern New England has a score of 64/100 (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 Goodwill Industries of Northern New England generate?

Goodwill Industries of Northern New England reports $47.2M in annual revenue and holds $93.3M in total assets, based on IRS filings.

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