KALAMAZOO, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO IMPROVE THE COMMUNITY BY PROVIDING EMPLOYMENT, EDUCATION, TRAINING AND SUPPORT SERVICES TAILORED TO INDIVIDUAL NEEDS.
OUR COMMERCIAL SERVICES DIVISION IS BEST KNOWN TO THE PUBLIC. IT BENEFITS FROM COMMUNITY DONATIONS OF GENTLY USED CLOTHING, HOUSEHOLD ITEMS, TOYS, WORKING ELECTRONICS, CARS, AND OTHER VEHICLES...
OUR COMMERCIAL SERVICES DIVISION IS BEST KNOWN TO THE PUBLIC. IT BENEFITS FROM COMMUNITY DONATIONS OF GENTLY USED CLOTHING, HOUSEHOLD ITEMS, TOYS, WORKING ELECTRONICS, CARS, AND OTHER VEHICLES. DONATIONS ARE PROCESSED AND RESOLD IN OUR GOODWILL RETAIL OUTLETS. OUR WORKERS USE THESE DONATIONS TO LEARN VALUABLE WORK SKILLS. THEIR JOBS INCLUDE COLLECTING, SORTING, PROCESSING, PRICING, STOCKING, AND SELLING THESE ITEMS. THE REVENUES GENERATED BY GOODWILL RETAIL OUTLETS PROVIDE OUR WORKERS' WAGES AND FUND GOODWILL PROGRAMS AND SERVICES. TOTAL REVENUE IN 2023 FOR COMMERCIAL SERVICES IS 10,808,386.
GOODWILL PROVIDED 3,735 PEOPLE WITH SERVICES OF EDUCATION, TRAINING AND SUPPORT SERVICES IN 2023. THESE SERVICES INCLUDED EMPLOYMENT/CAREER COACHING, FINANCIAL LITERACY SERVICES, ADULT LITERACY...
GOODWILL PROVIDED 3,735 PEOPLE WITH SERVICES OF EDUCATION, TRAINING AND SUPPORT SERVICES IN 2023. THESE SERVICES INCLUDED EMPLOYMENT/CAREER COACHING, FINANCIAL LITERACY SERVICES, ADULT LITERACY SERVICES, VOCATIONAL ASSESSMENTS AND COUNSELING, COMMUNITY RESOURCE NAVIGATION AND A 20 YEAR COMMITMENT TO FAMILIES WHO WANT TO EXIT POVERTY WITH A CHILD 0-3 CALLED LIFE GUIDES. LIFE GUIDES OF SOUTHWESTERN MICHIGAN PROVIDES A LIFE COACH FOR FAMILIES WITH A SMALL CHILD. THE OBJECTIVE OF THE PROGRAM IS FOR THE CHILD (0-3) TO GRADUATE FROM A POST-SECONDARY PROGRAM AND OBTAIN A LIVING WAGE POSITION, THUS BREAKING THE POVERTY CYCLE FOR THAT FAMILY. THE DIFFERENCE BETWEEN A MIDDLE CLASS FAMILY AND A POVERTY FAMILY IS TIME FRAME. LIFE GUIDE COACHES WORK WITH THE FAMILY TO DEVELOP MIDDLE AND LONG TERM GOAL SETTING BY HELPING THE FAMILY RID THEMSELVES OF THE DAILY CRISIS SITUATIONS THAT LEAD TO POOR DECISIONS FOR THE LONG TERM.
GOODWILL PROVIDES AREA BUSINESSES WITH MANUFACTURING SERVICES WHILE PROVIDING WORK EXPERIENCE FOR THE PEOPLE WE SERVE. AS WITH OUR RETAIL OPERATIONS, GOODWILL USES THE REVENUES FROM OUR CONTRACT...
GOODWILL PROVIDES AREA BUSINESSES WITH MANUFACTURING SERVICES WHILE PROVIDING WORK EXPERIENCE FOR THE PEOPLE WE SERVE. AS WITH OUR RETAIL OPERATIONS, GOODWILL USES THE REVENUES FROM OUR CONTRACT MANUFACTURING SERVICES DIVISION FOR ITS EDUCATION AND CAREER SERVICES FOR PEOPLE WITH DISABILITIES AND DISADVANTAGES SUCH AS WELFARE DEPENDENCY, HOMELESSNESS, AND LACK OF EDUCATION OR WORK EXPERIENCE. THE CUSTODIAL SERVICES DIVISION OFFERS THE RESOURCES TO PROVIDE LOCAL BUSINESSES WITH JANITORIAL SERVICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
Compare GOODWILL INDUSTRIES OF SW MICHIGAN with other nonprofits in Michigan and across the country.