JEmploymentEIN: 410919602· Ruling Year: 1968

True North Goodwill Northern Minnesota And Northwestern Wiscons

Duluth, Minnesota

A-Health Score
82A-

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 Org0.70×
Peer Median4.74×
💰
$14.4M
Total Revenue
📊
$14.7M
Total Expenses
🏦
$10.3M
Net Assets
📋
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+74.9%
Year-over-year change (2022 → 2023)
Net Margin
-1.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.70
Net assets divided by total expenses
Liabilities-to-Assets
14.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,442,32875%$14,706,725141%$12,055,40817%
2022$8,256,9064%$6,098,3851%$10,334,312
2021$7,971,33775%$6,035,8289%$10,299,55539%
2020$4,547,98030%$5,549,42216%$7,434,6312%
2019$6,521,7849%$6,631,868$7,579,4476%
2018$6,003,7848%$6,656,1676%$8,025,6846%
2017$6,550,5934%$7,090,8401%$8,519,6733%
2016$6,286,903$7,045,26411%$8,765,6909%
2015$6,312,3042%$6,356,3296%$9,630,1901%
2014$6,170,2343%$6,005,5852%$9,546,9236%
2013$6,374,8312%$5,902,4894%$9,009,2237%
2012$6,240,12011%$5,686,00511%$8,441,2808%
2011$5,605,078$5,141,653$7,836,996

Frequently Asked Questions

What does True North Goodwill Northern Minnesota And Northwestern Wiscons do?

True North Goodwill Northern Minnesota And Northwestern Wiscons is a employment nonprofit organization based in Minnesota. It is classified under NTEE code J32Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is True North Goodwill Northern Minnesota And Northwestern Wiscons financially healthy?

Based on our 9-metric Financial Health Score model, True North Goodwill Northern Minnesota And Northwestern Wiscons has a score of 82/100 (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 True North Goodwill Northern Minnesota And Northwestern Wiscons generate?

True North Goodwill Northern Minnesota And Northwestern Wiscons reports $16.0M in annual revenue and holds $11.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Minnesota.

True North Goodwill Northern Minnesota And Northwestern Wiscons — Duluth, MN | GiveScope