Goodwill Industries Of Northern Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 11,168,433 | 9,653,461 | 1,514,972 | 6.3 | 36% |
| 2012 | 11,125,795 | 10,532,944 | 592,851 | 6.7 | 37% |
| 2013 | 12,274,988 | 11,823,026 | 451,962 | 6.5 | 36% |
| 2014 | 13,188,904 | 12,702,082 | 486,822 | 6.6 | 34% |
| 2015 | 14,948,887 | 13,994,507 | 954,380 | 6.6 | 33% |
| 2016 | 15,532,513 | 14,736,115 | 796,398 | 7.0 | 34% |
| 2017 | 14,465,663 | 13,619,025 | 846,638 | 8.4 | 32% |
| 2018 | 14,120,312 | 13,328,163 | 792,149 | 9.3 | 33% |
| 2019 | 15,585,730 | 14,967,663 | 618,067 | 8.8 | 34% |
| 2020 | 16,090,181 | 14,784,692 | 1,305,489 | 9.9 | 35% |
| 2021 | 24,892,827 | 17,533,943 | 7,358,884 | 13.5 | 36% |
| 2022 | 21,849,253 | 19,875,669 | 1,973,584 | 12.3 | 32% |
| 2023 | 6,342,648 | 5,397,548 | 945,100 | 47.1 | 38% |
In its most recent public year (2023), this organization brought in $945,100 more than it spent. Its reserves stood at about 47.1 months of spending, up from 6.3 in 2011. Staff pay was 38% of spending. $725,135 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Goodwill Industries Of Northern Michigan Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works