Gulfstream Goodwill Industries Inc
- Assets
- $26.7m
- Revenue
- $55.4m
- Investments
- $6.6m
- Employees
- 1,412
- Location
- West Palm Beach, FL
- Founding
- 07/1967
- Data as of
- 12/2021
- EIN
- 59-1197040
Organization Overview
Gulfstream Goodwill Industries Inc is located in West Palm Beach, FL. The organization was established in 1967. 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, Gulfstream Goodwill Industries Inc employed 1,412 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulfstream Goodwill Industries 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, Gulfstream Goodwill Industries Inc generated $55.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $52.3m during the year ending 12/2021. While expenses have increased by 1.1% 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
GULFSTREAM GOODWILL CHANGES LIVES THROUGH HOUSING, TRAINING, EDUCATION AND EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GULFSTREAM GOODWILL OPERATES FIVE SHELTERS FOR HOMELESS OR FORMERLY HOMELESS INDIVIDUALS, AND IS THE LARGEST PROVIDER OF SUCH SERVICES IN PALM BEACH COUNTY. WE OPERATE THE LEWIS CENTER, WHICH IS THE SINGLE POINT OF ACCESS FOR ALL RESIDENTIAL HOMELESS PROGRAMS IN THE COUNTY. WE ALSO OPERATE TWO SHELTERS IN PAHOKEE AND BELLE GLADE, AS WELL AS A 120 BED SHELTER IN WEST PALM BEACH. OUR HOME ON TAMARIND PROGRAM HOUSES HOMELESS WITH DEVELOPMENTAL DISABILITIES WHILE OUR HOME AT J STREET PROGRAM HOUSES THE CHRONICALLY HOMELESS. IN 2021, GULFSTREAM GOODWILL SERVED A TOTAL OF 6486 INDIVIDUALS THROUGH NAVIGATION, SHELTER, AND PERMANENT SUPPORTIVE HOUSING. 4719 OF THOSE SERVED WERE THROUGH NAVIGATION OF THE HOMELESS SYSTEM IN PALM BEACH COUNTY.
COMMUNITY CONTRACTS - JOB TRAINING AND SUPPORTED EMPLOYMENT FOR INDIVIDUALS WITH DISABILITIES AT INTEGRATED COMMUNITY SITES SUCH AS I-95 REST AREAS, OKEECHOBEE WATERWAYS, FDOT/FHP, FEDERAL COURTHOUSE, AND DISTRIBUTION CENTERS. STATE AND FEDERAL AGENCIES PROVIDE EMPLOYMENT FOR PERSONS WITH DISABILITIES. EXPENSES INCLUDE PARTICIPANT WAGES, TRAINER'S WAGES, AND PROGRAM RELATED EXPENSES I.E. EQUIPMENT, CLEANING SUPPLIES, ETC. IN 2021, GULFSTREAM GOODWILL SERVED A TOTAL OF 50 INDIVIDUALS.
EMPLOYMENT RELATED PROGRAMS - INCLUDES ADULT DAY TRAINING, SUPPORTED EMPLOYMENT, RESIDENTIAL EMPLOYMENT SERVICES, AND "SMART." TRAINING, ASSESSMENT, AND EMPLOYMENT RELATED SERVICES ARE PROVIDED TO INDIVIDUALS WITH DISABILITIES, THOSE RETURNING FROM INCARCERATION, AND THE HOMELESS. IN 2021, GULFSTREAM GOODWILL SERVED A TOTAL OF 569 INDIVIDUALS. IN 2021, A TOTAL OF 336 INDIVIDUALS WERE PLACED AT INTEGRATED COMMUNITY WORK SITES.
ADULT DAY PROGRAMS: ADULT DAY TRAINING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. PROVIDES SERVICES THAT ADDRESS TRAINING WHICH INCLUDES, BUT IS NOT LIMITED TO, INDEPENDENT LIVING, SOCIAL SKILLS, ACTIVITIES OF DAILY LIVING, AND EMPLOYABILITY SKILLS. (116 SERVED)YOUTH DEVELOPMENT PROGRAMS, GENERAL/OTHER - YOUTH SERVICES: ACADEMIC AND VOCATIONAL TRAINING IS PROVIDED THROUGH OUR CHARTER SCHOOL FOR INDIVIDUALS WITH DISABILITIES. A YOUTH REENTRY PROGRAM IS FACILITATED FOR FORMERLY INCARCERATED YOUTH. YOUTH ARE ASSIGNED A MASTER'S LEVEL COUNSELOR AND ARE ASSISTED IN ENROLLING IN SCHOOL, OBTAINING EMPLOYMENT, RECEIVING COUNSELING, AND COMPLETING COMMUNITY SERVICE. AN INTENSIVE HOME DETENTION PROGRAM IS FACILITATED AS AN ALTERNATIVE TO PLACEMENT IN DETENTION FOR YOUTH WHO ARE ARRESTED. A YOUTH MENTORING PROGRAM IS FACILITATED FOR AT RISK YOUTH BETWEEN THE AGES OF 13-22. (324 SERVED)VISION SERVICES: GULFSTREAM GOODWILL CEASED PROVIDING VISION SERVICES AT THE END OF 2020.DEAF SERVICES PROGRAMS: GULFSTREAM GOODWILL CEASED PROVIDING DEAF SERVICES AT THE END OF 2020.ADULT RE-ENTRY PROGRAM: PROVIDES FORMERLY INCARCERATED ADULTS RETURNING TO THE COMMUNITY WITH A MASTER'S LEVEL COUNSELOR/CASE MANAGER AND EMPLOYMENT SERVICES. SERVICES AND REFERRALS OFFERED INCLUDE, BUT ARE NOT LIMITED TO, ASSESSMENT, TRANSITIONAL HOUSING, ONE-ON-ONE COUNSELING, EMPOWERMENT GROUPS, FAMILY REUNIFICATION, SUBSTANCE ABUSE TREATMENT AND/OR COUNSELING, APPLICATIONS FOR COMMUNITY ASSISTANCE, OBTAINING IDENTIFICATION, AND ASSISTANCE WITH EMPLOYMENT. (71 SERVED)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Kennedy President And CEO | Officer | 60 | $414,027 |
Karen Davidson Chief Financial Officer | Officer | 60 | $269,343 |
Laura Contrera Vice President | Officer | 60 | $160,516 |
Kristel Fitzgerald Vice President | Officer | 60 | $159,289 |
Kevin Bender Vice President | Officer | 60 | $143,531 |
Kaydeon Simpson Vice President | Officer | 60 | $138,527 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Iventure Solutions Inc It Outsourcing | 12/30/21 | $224,329 |
Laneuville Roofing Llc Roofing Contractor | 12/30/21 | $259,128 |
Nabil Karroum Md Pa Medical Consulting | 12/30/21 | $129,000 |
Certified National Service Llc Hvac Services | 12/30/21 | $113,862 |
Ryder Integrated Logistics Provide Pickups And Deliveries | 12/30/21 | $2,431,049 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,420,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,034,402 |
| Noncash contributions included in lines 1a–1f | $34,439,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,455,379 |
| Total Program Service Revenue | $9,017,106 |
| Investment income | $71,084 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $207,409 |
| Net Gain/Loss on Asset Sales | $402,019 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,212,174 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,365,171 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| Grants and other assistance to domestic individuals. | $6,183 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,419,081 |
| Compensation of current officers, directors, key employees. | $1,419,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,132,037 |
| Pension plan accruals and contributions | $352,327 |
| Other employee benefits | $1,381,302 |
| Payroll taxes | $2,680,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $233,325 |
| Fees for services: Accounting | $119,939 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,867 |
| Fees for services: Other | $4,603,870 |
| Advertising and promotion | $124,460 |
| Office expenses | $1,154,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,171,959 |
| Travel | $693,023 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,293 |
| Interest | $54,948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,230,848 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,347,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,447 |
| Savings and temporary cash investments | $4,194,960 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,915,508 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,969,020 |
| Prepaid expenses and deferred charges | $1,776,645 |
| Net Land, buildings, and equipment | $9,054,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,567,627 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $35,819 |
| Total assets | $26,735,282 |
| Accounts payable and accrued expenses | $4,097,167 |
| Grants payable | $0 |
| Deferred revenue | $7,594,869 |
| 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 | $1,530,227 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,222,263 |
| Net assets without donor restrictions | $13,477,201 |
| Net assets with donor restrictions | $35,818 |
| 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 | $26,735,282 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Gulfstream Goodwill Industries Inc has recieved totaling $117,463.
| Awarding Organization | Amount |
|---|---|
Lost Tree Village Charitable Foundation Inc North Palm Beach, FL PURPOSE: For equipment to fully implement the Microenterprise Training Program in the expanding field of e-commerce, for persons with significant barriers to employment, including developmental disabilities, and those who are homeless with disabilities. | $35,000 |
United Way Of Palm Beach County Inc West Palm Beach, FL PURPOSE: Community Impact | $19,200 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $16,450 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $15,000 |
Palm Beach County Food Bank Inc Lake Worth, FL PURPOSE: Unrestricted Support | $14,217 |
Robert E And Marie Orr Smith Foundation Philadelphia, PA PURPOSE: PERMANENT SUPPORTIVE | $10,000 |
Endowment Analysis
| Beg. Balance | $31,332 |
| Earnings | $4,659 |
| Admin Expense | $173 |
| Ending Balance | $35,818 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Manasota Inc Bradenton, FL | $57,505,873 | $74,670,264 |
Goodwill Industries Of Central Florida Inc Orlando, FL | $168,287,890 | $91,960,618 |
Goodwill Industries-Suncoast Inc St Petersburg, FL | $116,871,815 | $65,725,440 |
Gulfstream Goodwill Industries Inc West Palm Beach, FL | $26,735,282 | $55,365,171 |
Goodwill Industries Of Middle Georgia Inc Macon, GA | $45,866,636 | $50,420,104 |
Goodwill Industries Of Southwest Florida Inc Fort Myers, FL | $48,228,495 | $45,391,127 |
Goodwill Industries Of North Florida Inc Jacksonville, FL | $49,481,295 | $51,198,441 |
Goodwill Industries Big Bend Inc Tallahassee, FL | $43,991,972 | $37,636,431 |
Goodwill Industries Of The Southern Rivers Inc Columbus, GA | $35,574,289 | $32,786,540 |
Goodwill Of The Coastal Empire Inc Savannah, GA | $24,855,946 | $31,151,976 |
Goodwill Industries Of The Gulf Coast Inc Mobile, AL | $27,475,111 | $29,909,987 |
Goodwill Industries Of N Georgia Inc Decatur, GA | $13,297,903 | $13,496,741 |