GOODWILL INDUSTRIES OF SW MICHIGAN

EIN: 381558550 501(c)(3) Employment

KALAMAZOO, MI

Total Revenue
$12,894,871
Total Expenses
$13,559,321
Total Assets
$18,709,459
Net Assets
$16,644,233
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
MI
Principal Officer
MICHAEL JONES
Phone
2693820490
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF SW MICHIGAN, founded in 1956, is a mid-sized nonprofit in the Employment sector that reported $12.9M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

TO IMPROVE THE COMMUNITY BY PROVIDING EMPLOYMENT, EDUCATION, TRAINING AND SUPPORT SERVICES TAILORED TO INDIVIDUAL NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,415,652
Program Service Revenue $2,355,011
Investment Income $66,806
Other Revenue $57,402
TOTAL REVENUE $12,894,871

Expense Breakdown

Grants Paid $111,072
Salaries & Benefits $8,384,503
Fundraising Expenses $21,390
Program Expenses $12,161,252
Other Expenses $5,063,746
TOTAL EXPENSES $13,559,321

Year-over-Year Comparison

2023 2022 Change
Revenue $12,894,871 $13,599,220 -0.1%
Expenses $13,559,321 $12,697,379 +0.1%
Net Income $-664,450 $901,841 -1.7%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
424
Volunteers
117

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$180,048
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL JONES PRESIDENT & 40.00
Officer
$164,537 $15,511 $180,048
STEVEN CUMMINGS CHAIR 1.00
Officer Director
$0 $0 $0
STEVE MCKIDDY VICE CHAIR 1.00
Officer Director
$0 $0 $0
MAYA MOKRZAN SECRETARY 1.00
Officer Director
$0 $0 $0
DEBORAH DROPPERS TREASURER 1.00
Officer Director
$0 $0 $0
LAVODA AGNEW DIRECTOR 1.00
Director
$0 $0 $0
NICK BOYD DIRECTOR 1.00
Director
$0 $0 $0
JOHN BRINK DIRECTOR 1.00
Director
$0 $0 $0
MARK GETTEL DIRECTOR 1.00
Director
$0 $0 $0
EDDIE KEENE DIRECTOR 1.00
Director
$0 $0 $0
HEIDI LIDDLE DIRECTOR 1.00
Director
$0 $0 $0
SUSAN MAAS DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MCCLEAD DIRECTOR 1.00
Director
$0 $0 $0
SIZU MCINTEE DIRECTOR 1.00
Director
$0 $0 $0
JIM MEDSKER DIRECTOR 1.00
Director
$0 $0 $0
TIM NENDORF DIRECTOR 1.00
Director
$0 $0 $0
CLARENCE LLOYD DIRECTOR 1.00
Director
$0 $0 $0
SARAH PROM DIRECTOR 1.00
Director
$0 $0 $0
JAMEY RENWICK DIRECTOR 1.00
Director
$0 $0 $0
GERARDO RINCON DIRECTOR 1.00
Director
$0 $0 $0
AMY TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
KELLY WEATHERS DIRECTOR 1.00
Director
$0 $0 $0
KEITH THOMPSON DIRECTOR 1.00
Director
$0 $0 $0
ANDY ROWLES DIRECTOR 1.00
Director
$0 $0 $0
JAN OPALEWSKI DIRECTOR 1.00
Director
$0 $0 $0
DENISE CRAWFORD DIRECTOR 1.00
Director
$0 $0 $0
SHELDON FAWORSKI PAST DIRECTO 1.00
Director
$0 $0 $0
BYRON FOSTER PAST DIRECTO 1.00
Director
$0 $0 $0
TOM HILL JR PAST DIRECTO 1.00
Director
$0 $0 $0
JORGE RODRIGUEZ PAST DIRECTO 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,894,871 $13,559,321 $18,709,459 $-664,450
2022 $13,599,220 $12,697,379 $18,604,961 $901,841
2021 $15,963,293 $12,608,149 $17,178,637 $3,355,144
2020 $11,899,649 $12,477,142 $15,585,166 $-577,493
2019 $13,685,792 $13,258,017 $14,683,431 $427,775
2018 $13,313,818 $12,827,527 $14,013,560 $486,291
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