Goodwill Industries Of Northern Michigan Inc
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,342,648↓69% | $5,397,548↓74% | $35,330,897↑22% | — |
| 2023 | $20,250,193↓7% | $20,461,703↑3% | $28,887,034↑10% | — |
| 2022 | $21,849,253↓12% | $19,875,669↑13% | $26,340,751↑4% | — |
| 2021 | $24,892,827↑55% | $17,533,943↑19% | $25,405,377↑31% | — |
| 2020 | $16,090,181↑3% | $14,784,692↓1% | $19,450,277↑24% | — |
| 2019 | $15,585,730↑10% | $14,967,663↑12% | $15,705,069↓3% | — |
| 2018 | $14,120,312↓2% | $13,328,163↓2% | $16,218,761↑4% | — |
| 2017 | $14,465,663↓7% | $13,619,025↓8% | $15,580,128 | — |
| 2016 | $15,532,513↑4% | $14,736,115↑5% | $15,533,678↑5% | — |
| 2015 | $14,948,887↑13% | $13,994,507↑10% | $14,748,407↑18% | — |
| 2014 | $13,188,904↑7% | $12,702,082↑7% | $12,491,852↑1% | — |
| 2013 | $12,274,988↑10% | $11,823,026↑12% | $12,335,292↑25% | — |
| 2012 | $11,125,795 | $10,532,944↑9% | $9,902,071↑6% | — |
| 2011 | $11,168,433 | $9,653,461 | $9,350,427 | — |
Frequently Asked Questions
What does Goodwill Industries Of Northern Michigan Inc do?▼
Goodwill Industries Of Northern 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 Northern Michigan Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Goodwill Industries Of Northern Michigan Inc has a score of 70/100 (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 Michigan Inc generate?▼
Goodwill Industries Of Northern Michigan Inc reports $25.8M in annual revenue and holds $38.7M in total assets, based on IRS filings.
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