Goodwill Industries Of Akron Inc is located in Akron, OH. The organization was established in 1938. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2021, Goodwill Industries Of Akron Inc employed 899 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Akron Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Goodwill Industries Of Akron Inc generated $25.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $24.4m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PEOPLE FIND AND RETAIN EMPLOYMENT BY SELLING DONATED GOODS AND PROVIDING TRAINING SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ITEMS ARE DONATED FROM GENEROUS DONORS THROUGH ITS RETAIL STORES, ATTENDED DONATION SITES, AND THROUGH ESTATE OR HOME PICKUPS. THE ITEMS ARE SOLD IN ITS 14 RETAIL STORES, BOUTIQUE, ONLINE THROUGH SHOPGOODWILL.COM, EBOOKS, OR AUTO AUCTIONS. ITEMS THAT DO NOT SELL IN RETAIL LOCATIONS ARE SOLD THROUGH AN OUTLET STORE. REMAINING UNSOLD DONATIONS ARE SOLD AS SALVAGE TO KEEP ITEMS FROM THE TRASH, AS WELL AS EARNING DOLLARS TO PROMOTE THE MISSION. A TOTAL OF 119 WORK EXPERIENCE, WORK ADJUSTMENT, AND VOCATIONAL EVALUATION CLIENTS PARTICIPATED IN TRAINING OR EMPLOYMENT EXPERIENCE IN THE RETAIL AREA IN 2021.
MISSION SERVICES INCLUDES A VAST ARRAY OF EMPLOYEE/EMPLOYER SERVICES FOR THE CAREER/JOB-SEEKER. THE GOODWILL INDUSTRIES OF AKRON, OHIO, INC. OFFERS CAREER EXPLORATION, ADVISING SERVICES, RESUME AND INTERVIEW PREPARATION, AS WELL AS SKILL IDENTIFICATION. FOR THE BUSINESS/EMPLOYER, WE OFFER RECRUITING, APPLICANT SCREENING, AND PRE-EMPLOYMENT TESTING. FOR THOSE IN NEED OF MORE INTENSIVE SERVICES, GOODWILL OFFERS THE FOLLOWING INDIVIDUALIZED SERVICES: ASSESSMENTS, ADJUSTMENTS, EVALUATIONS FOR INDIVIDUALS WITH VISUAL IMPAIRMENTS, JOB COACHING, PLACEMENT AND RETENTION, WORK EXPERIENCE, AND YOUTH PROGRAMS. WORKFORCE DEVELOPMENT ALSO HOSTS A RADIO READING PROGRAM SERVING THE VISUALLY IMPAIRED OR COGNITIVELY CHALLENGED IN THE AREA. THE ELIZABETH CLARK PROGRAM SERVES THOSE IN NEED IN OUR AREA WITH VOUCHERS TO OUR RETAIL LOCATIONS DURING 2021. WORKFORCE DEVELOPMENT REFERRED 512 PARTICIPANTS FOR PLACEMENT AND PLACED 423. IN TOTAL, IT SERVED 11,328 INDIVIDUALS, IN ADDITION TO 512 RECEIVING PLACEMENT SERVICES, 83 RECEIVED VOCATIONAL EVALUATIONS, ASSESSMENTS, AND ADJUSTMENTS; 146 PARTICIPATED IN YOUTH PROGRAMS; 185 PARTICIPATED IN WORK EXPERIENCE; 120 PARTICIPATED IN JOB SKILL CLASSES, WORKSHOPS, AND JOB FAIRS; 8,793 RECEIVED JOB SEARCH ASSISTANCE AND EMPLOYER SERVICES, INCLUDING RECRUITMENT, SCREENING, TESTING, TRAINING AND OUTPLACEMENT; 147 RECEIVED JOB COACHING SERVICES; 1,431 RECEIVED OTHER SERVICES INCLUDING BUS PASSES, ELIZABETH CLARK EMERGENCY FUND GIFT CARDS, AND RADIO READING.
CONTRACT SERVICES INCLUDES ASSEMBLY OPERATIONS AND INDUSTRIAL SEWING AND IS CERTIFIED TO ISO 9001 2015. IT IS A PARTICIPANT IN THE STATE USE PROGRAM, PROVIDING ITEMS SUCH AS SAFETY VESTS, TOWELS, WASHCLOTHS, APRONS AND LAUNDRY BAGS. ITS SEWING DEPARTMENT ALSO OFFERS CUSTOMIZED INDUSTRIAL SEWING FOR AREA BUSINESSES. ASSEMBLY OPERATIONS OFFERS LOCAL BUSINESSES WITH INDIVIDUALIZED ASSEMBLY NEEDS, SUCH AS COLLATING, DIE-CUTTING, HEAT SHRINKING, PACKAGING, KITTING, DE-MANUFACTURING, RE-WORK, SORTING, LABELING AND PROTOTYPING . 10 INDIVIDUALS IN WORK EXPERIENCE, VOCATIONAL EVALUATION, AND WORK ADJUSTMENT WERE PROVIDED TRAINING OR EMPLOYMENT EXPERIENCE IN 2021 THROUGH THE CONTRACTS DIVISION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Ellis Mcclenaghan President & CEO | Officer | 40 | $139,705 |
Dorothea Collura Vp, Retail Operations | Officer | 40 | $97,123 |
Debra C Furgerson Director Of Financial Reporting & Accounting | Officer | 40 | $75,345 |
Edward Clupper II Chair | OfficerTrustee | 1 | $0 |
Susan Hanlon Ph D 2nd Vice Chair | OfficerTrustee | 1 | $0 |
David Bucci Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $29,727 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,017,388 |
Noncash contributions included in lines 1a–1f | $6,720,143 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,047,115 |
Total Program Service Revenue | $18,255,267 |
Investment income | $230,820 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $370,610 |
Net Income from Fundraising Events | $32,961 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,945,292 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,655 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $350,722 |
Compensation of current officers, directors, key employees. | $238,146 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,318,087 |
Pension plan accruals and contributions | $168,471 |
Other employee benefits | $962,325 |
Payroll taxes | $779,936 |
Fees for services: Management | $0 |
Fees for services: Legal | $40,062 |
Fees for services: Accounting | $36,081 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $83,526 |
Fees for services: Other | $757,449 |
Advertising and promotion | $210,169 |
Office expenses | $1,328,027 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $3,041,775 |
Travel | $129,972 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,581 |
Interest | $17,058 |
Payments to affiliates | $153,008 |
Depreciation, depletion, and amortization | $437,503 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $24,438,506 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,657,268 |
Savings and temporary cash investments | $31,072 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $411,588 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,052,780 |
Prepaid expenses and deferred charges | $367,709 |
Net Land, buildings, and equipment | $3,783,348 |
Investments—publicly traded securities | $15,293,777 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $575,273 |
Total assets | $23,172,815 |
Accounts payable and accrued expenses | $1,364,694 |
Grants payable | $0 |
Deferred revenue | $47,550 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $934,581 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $478,684 |
Total liabilities | $2,825,509 |
Net assets without donor restrictions | $19,159,645 |
Net assets with donor restrictions | $1,187,661 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $23,172,815 |
Over the last fiscal year, we have identified 13 grants that Goodwill Industries Of Akron Inc has recieved totaling $372,112.
Awarding Organization | Amount |
---|---|
Goodwill Industries International Inc Rockville, MD PURPOSE: ACCENTURE SKILLS TO SUCCEED 3, SCSEP PY 2020 DIRECT, SCSEP PY 2021 DIRECT | $200,090 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $123,213 |
Lois Sisler Mcfawn Foundation Brooklyn, OH PURPOSE: GENERAL | $12,500 |
Welty Family Foundation Akron, OH PURPOSE: COMMUNITY | $10,000 |
Mary And Dr George L Demetros Charitable Trust Columbus, OH PURPOSE: GENERAL OPERATINGSUPPORT FORMISSION SERVICES | $7,000 |
United Way Of Summit And Medina Akron, OH PURPOSE: DONOR DESIGNATIONS | $5,276 |
Beg. Balance | $10,896,340 |
Earnings | $791,415 |
Net Contributions | $50,000 |
Other Expense | $272,208 |
Ending Balance | $11,465,547 |
Organization Name | Assets | Revenue |
---|---|---|
Goodwill Easter Seals Miami Valley Dayton, OH | $85,565,204 | $56,204,309 |
Goodwill Industries Of Greater Cleveland And E Central Ohio Inc Canton, OH | $50,804,352 | $48,226,709 |
Goodwill Industries Of Greater Grand Rapids Inc Grandville, MI | $30,878,541 | $44,038,234 |
Goodwill Industries Of Michiana Inc South Bend, IN | $71,477,410 | $47,236,458 |
Ohio Valley Goodwill Industries Rehabilitation Center Inc Cincinnati, OH | $77,402,898 | $38,772,866 |
Goodwill Industries Of Northwest Ohio Inc Toledo, OH | $14,791,040 | $32,136,608 |
Goodwill Industries Of Mid-Michigan Inc Flint, MI | $9,350,796 | $30,637,361 |
Goodwill Industries Of Akron Inc Akron, OH | $23,172,815 | $25,945,292 |
Goodwill Industries Of Greater Detroit Detroit, MI | $30,814,793 | $27,244,512 |
Goodwill Industries Of Kanawha Valley Inc Charleston, WV | $30,172,970 | $25,914,576 |
Goodwill Industries Of West Michigan Inc Muskegon, MI | $34,346,585 | $24,966,806 |
Goodwill Industries Of Central Michigans Heartland Inc Battle Creek, MI | $34,739,844 | $28,066,563 |