J — EmploymentEIN: 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$34,452,051↑4%$31,945,199↑7%$20,653,378↑11%
2022$33,008,662↑8%$29,741,072↑15%$18,643,500↑99%
2021$30,637,361↑71%$25,816,661↑37%$9,350,796↑50%
2020$17,906,353↓25%$18,841,929↓20%$6,247,593↑18%
2019$23,909,049↑4%$23,431,627↑1%$5,281,950↑11%
2018$22,959,526↑1%$23,093,377↑3%$4,765,416↓4%
2017$22,723,924↑4%$22,491,462↓2%$4,957,759↑3%
2016$21,854,040↓8%$23,063,401↓3%$4,822,917↓22%
2015$23,760,575↓2%$23,820,031↓2%$6,185,184↓8%
2014$24,245,398↑1%$24,393,628↑2%$6,715,739↓1%
2013$24,103,100↑46%$23,851,873↑56%$6,807,028↑9%
2012$16,508,270↑21%$15,274,685↑17%$6,260,819↑31%
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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