JEmploymentEIN: 351093073

Goodwill Industries of Michiana INC

South Bend, Indiana

A-Health Score
83A-

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 Org1.28×
Peer Median4.74×
💰
$52.2M
Total Revenue
📊
$52.3M
Total Expenses
🏦
$67.2M
Net Assets
📋
$3.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.5%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
4.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$52,179,9978%$52,306,96912%$70,331,7214%
2022$48,104,7232%$46,733,39813%$72,939,9762%
2021$47,236,458$41,508,33218%$71,477,4107%
2020$47,430,92326%$35,274,4084%$66,622,10418%
2019$37,707,0184%$36,789,86411%$56,260,6094%
2018$36,342,91110%$33,283,9737%$53,997,8944%
2017$33,030,45012%$31,106,42513%$52,155,2073%
2016$29,529,6255%$27,486,9709%$50,479,8224%
2015$28,184,2432%$25,331,0922%$48,710,3013%
2014$28,634,2572%$24,864,7221%$47,189,4446%
2013$29,340,8012%$25,021,0202%$44,394,63910%
2012$29,983,80512%$24,533,7844%$40,230,90917%
2011$26,652,758$23,547,915$34,373,194

Frequently Asked Questions

What does Goodwill Industries of Michiana INC do?

Goodwill Industries of Michiana INC is a employment nonprofit organization based in Indiana. It is classified under NTEE code J320 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Goodwill Industries of Michiana INC financially healthy?

Based on our 9-metric Financial Health Score model, Goodwill Industries of Michiana INC has a score of 83/100 (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 Michiana INC generate?

Goodwill Industries of Michiana INC reports $50.8M in annual revenue and holds $69.2M in total assets, based on IRS filings.

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