GOODWILL INDUSTRIES OF MADISON SPECIAL LIVING ARRANGEMENTS INC (EIN 391348236) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

MICHELE HARRIS

Phone

6082463140

Tax Period

2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF MADISON SPECIAL LIVING ARRANGEMENTS INC, founded in 1980, is a small nonprofit in the Human Services sector that reported $410K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

PROVIDE PERMANENT & TRANSITIONAL HOUSING TO ADULTS WITH CHRONIC MENTAL ILLNESS IN DANE COUNTY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $205,307

Program Service Revenue $187,832

Investment Income $16,896

Other Revenue $270

TOTAL REVENUE $410,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $282,881

Other Expenses $414,915

TOTAL EXPENSES $414,915

Year-over-Year Comparison

	2023	2022	Change
Revenue	$410,305	$378,278	+0.1%
Expenses	$414,915	$410,484	+0.0%
Net Income	$-4,610	$-32,206	-0.9%

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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN VANDER WYST	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KARLA THENNES	CHAIR	1.00	Officer Director	$0	$0	$0
KATHLEEN MCNEIL	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ROB DICKE	DIRECTOR	1.00	Director	$0	$0	$0
BEN SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE HARRIS	PRESIDENT & CEO	1.00	Officer	$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	$410,305	$414,915	$778,048	$-4,610
2022	$378,278	$410,484	$738,210	$-32,206
2021	$385,423	$364,884	$815,176	$20,539
2020	$374,741	$352,371	$839,761	$22,370
2019	$378,580	$413,125	$789,275	$-34,545
2018	$362,375	$355,811	$795,882	$6,564

GOODWILL INDUSTRIES OF MADISON SPECIAL LIVING ARRANGEMENTS INC