Goodwill Retail Services
- Assets
- $8.9m
- Revenue
- $46.0m
- Investments
- $0.0
- Employees
- 2,757
- Location
- Los Angeles, CA
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 45-1544299
Organization Overview
Goodwill Retail Services is located in Los Angeles, CA. The organization was established in 2012. According to its NTEE Classification (J11) the organization is classified as: Single Organization Support, under the broad grouping of Employment and related organizations. As of 12/2021, Goodwill Retail Services employed 2,757 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Retail Services 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 Retail Services generated $46.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $46.0m during the year ending 12/2021. While expenses have increased by 6.2% 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 SUPPORT, BENEFIT, AND CARRY OUT THE CHARITABLE PURPOSES OF GOODWILL (CONTINUED ON SCHEDULE O) INDUSTRIES OF SOUTHERN CALIFORNIA, A RECOGNIZED 501(C)(3) PUBLIC CHARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRS PROVIDED APPROXIMATELY 2,700 RETAIL STAFF TO OPERATE 85 MISSION-RELATED STORES OF GOODWILL INDUSTRIES OF SOUTHERN CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond L Tellez VP Of Retail Operations | Officer | 35 | $122,901 |
Elizabeth Schwalbach Chro | Officer | 10 | $50,323 |
Laurence Midler Chair | OfficerTrustee | 1 | $0 |
Peter Starrett Treasurer | OfficerTrustee | 1 | $0 |
Richard Villa Vice-Chair | OfficerTrustee | 1 | $0 |
Susan H Stromgren Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,029,774 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,029,774 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $187,118 |
| Compensation of current officers, directors, key employees. | $57,506 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,685,782 |
| Pension plan accruals and contributions | $40,646 |
| Other employee benefits | $784,443 |
| Payroll taxes | $5,312,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $135 |
| Advertising and promotion | $0 |
| Office expenses | $2,059 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,136 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $46,029,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,369 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,523,862 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $802 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,869,033 |
| Accounts payable and accrued expenses | $8,869,033 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,869,033 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $8,869,033 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Retail Services Los Angeles, CA | $8,869,033 | $46,029,774 |
Bay Area Counties Roofing Waterproofing Livermore, CA | $5,518,674 | $2,647,720 |
Construction Teamsters Training And Upgrading Fund For Southern Califo Covina, CA | $2,322,380 | $1,542,920 |
Abc Nevada Chapter Southern Division Apprenticeship Trust Fund Reno, NV | $3,351,343 | $1,374,043 |
Pathfinder Clubhouse Corvallis, OR | $236,253 | $385,013 |
Oregon Afscme Council 75 Building Corporation Salem, OR | $3,248,949 | $66,468 |
California Association Of Recreation And Park Districts Roseville, CA | $133,990 | $0 |
Mary Katherine Dixson Trust Uw Fbo Goodwill Rehabilitation Enter Las Vegas, NV | $1,247,627 | $144,008 |
Goodwill Industries Of San Joaquin Valley Foundation Inc Stockton, CA | $992,975 | $8,932 |
Jds Community Services Moreno Valley, CA | $1,755 | $0 |
Teamsters Joint Training Trust Fund Peoria, AZ | $0 | $0 |
Central City Concern Foundation Portland, OR | $0 | $0 |