ZUnclassifiedEIN: 340714739· Ruling Year: 1942

Goodwill Industries Of Lorain County Inc

Elyria, Ohio

AHealth Score
88A

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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.04×
Peer Median15.40×
💰
$6.6M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$6.1M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.3%
Year-over-year change (2022 → 2023)
Net Margin
+11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.04
Net assets divided by total expenses
Liabilities-to-Assets
25.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$6,636,24310%$5,883,68314%$8,143,1114%
2022$6,014,95231%$5,164,73629%$7,826,22383%
2020$4,596,3203%$3,996,8866%$4,266,6859%
2019$4,479,5242%$4,239,96110%$3,906,9538%
2018$4,378,1495%$3,871,4831%$3,629,59710%
2017$4,183,9056%$3,927,1813%$3,310,21711%
2016$3,956,1173%$3,828,7297%$2,987,9824%
2015$4,089,052$4,126,7035%$2,866,1104%
2014$4,093,666$4,355,9718%$2,973,09530%
2013$4,096,6634%$4,040,1418%$2,280,2561%
2012$3,944,53215%$3,735,0009%$2,256,13913%
2011$3,430,411$3,432,775$1,994,991

Frequently Asked Questions

What does Goodwill Industries Of Lorain County Inc do?

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

Is Goodwill Industries Of Lorain County Inc financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries Of Lorain County Inc has a score of 88/100 (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 Lorain County Inc generate?

Goodwill Industries Of Lorain County Inc reports $6.6M in annual revenue and holds $8.1M in total assets, based on IRS filings.

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