Goodwill Industries Of Southwest Florida Inc
- Assets
- $48.2m
- Revenue
- $45.4m
- Investments
- $0.0
- Employees
- 1,634
- Location
- Fort Myers, FL
- Founding
- 04/1967
- Data as of
- 12/2021
- EIN
- 59-6196141
Organization Overview
Goodwill Industries Of Southwest Florida Inc is located in Fort Myers, 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, Goodwill Industries Of Southwest Florida Inc employed 1,634 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Southwest Florida 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 Southwest Florida Inc generated $45.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $42.4m during the year ending 12/2021. While expenses have increased by 5.2% 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
GOODWILL INDUSTRIES OF SOUTHWEST FLORIDA IS COMMITTED TO SERVING PEOPLE WITH DISABILITIES AND DISADVANTAGES BY OFFERING LIFE-CHANGING OPPORTUNITIES TO ACHIEVE INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETAIL STORE OPERATIONS: GOODWILL OPERATES THRIFT STORES IN THE LOCAL FIVE COUNTY AREA WHICH SELL DONATED AND PURCHASED GOODS. THESE STORES PROVIDE JOBS AND TRAINING AS WELL AS ASSISTANCE AND AFFORDABLE GOODS TO THE LOCAL AREA'S FAMILIES AND CHILDREN. IN ADDITION TO THE $2,068,621 NET INCOME RESULTING FROM THE SALE OF PURCHASED GOODS AS REFLECTED ON FORM 990, PAGE 9, PART VIII, LINE 10, THE ORGANIZATION RECEIVED $33,251,079 OF DONATED GOODS RELATED TO THIS PROGRAM DURING THE YEAR WHICH ARE REFLECTED WITHIN NONCASH CONTRIBUTIONS ON FORM 990, PAGE 9, PART VIII, LINE 1G.
E-COMMERCE: GOODWILL OPERATES AN E-COMMERCE SELLING PROGRAM WHICH LISTS USED GOODS, BOOKS AND COMPUTERS AS WELL AS HIGH END DONATED GOODS FOR CITIZENS WITHIN OUR COMMUNITY. IN ADDITION TO THE $924,099 OF DELIVERY INCOME GENERATED THROUGH THE PROGRAM, THE ORGANIZATION RECEIVED $2,582,222 OF DONATED GOODS RELATED TO THIS PROGRAM DURING THE YEAR WHICH ARE REFLECTED WITHIN NONCASH CONTRIBUTIONS ON FORM 990, PAGE 9, PART VIII, LINE 1G.
SALVAGE AND RECYCLING: GOODWILL OPERATES A SALVAGE AND RECYCLING PROGRAM WHICH PROVIDES JOBS AND JOB TRAINING AS WELL AS A MEANS OF SALVAGING AND SHIPPING CLOTHING TO THOSE IN NEED IN OTHER COUNTRIES. THE ORGANIZATION RECEIVED $1,623,646 OF DONATED GOODS RELATED TO THIS PROGRAM DURING THE YEAR WHICH ARE REFLECTED WITHIN NONCASH CONTRIBUTIONS ON FORM 990, PAGE 9, PART VIII, LINE 1G.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Nadeau President/ceo | Officer | 45 | $248,903 |
Douglas Stewart Chief Operating Officer | Officer | 45 | $212,912 |
Carolyn Johnson Sr. VP Of Mission Srvc & Dir. | Officer | 45 | $123,319 |
Jamie Dunn Sr. Director Of It | 45 | $115,581 | |
Michael Mcgarvey Sr. Director Of Operations | 45 | $102,731 | |
Michael W Sullivan Chairman Of The Board | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Compass Construction Construction | 12/30/21 | $1,752,583 |
Ryder Integrated Logistics Inc Shipping | 12/30/21 | $1,209,665 |
Stephen R Bowen Construction Construction | 12/30/21 | $595,331 |
Bella Signs Designs Signs | 12/30/21 | $452,997 |
Grand Benedicts Store Fixtures | 12/30/21 | $343,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,376 |
| Related organizations | $0 |
| Government grants | $520,451 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,749,645 |
| Noncash contributions included in lines 1a–1f | $39,080,593 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,307,472 |
| Total Program Service Revenue | $2,140,750 |
| Investment income | $15,191 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $234,418 |
| Net Gain/Loss on Asset Sales | $291,346 |
| Net Income from Fundraising Events | $49,376 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,068,621 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,391,127 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $315,988 |
| 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. | $726,006 |
| Compensation of current officers, directors, key employees. | $471,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,317,413 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,381,835 |
| Payroll taxes | $2,182,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,653 |
| Fees for services: Accounting | $67,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,342,767 |
| Advertising and promotion | $179,803 |
| Office expenses | $1,044,540 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,203,696 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,871 |
| Interest | $190,741 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,775,593 |
| Insurance | $713,970 |
| All other expenses | $62,407 |
| Total functional expenses | $42,354,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,240,862 |
| Savings and temporary cash investments | $3,920,398 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $289,204 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,540,339 |
| Prepaid expenses and deferred charges | $1,203,626 |
| Net Land, buildings, and equipment | $25,442,629 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,591,437 |
| Total assets | $48,228,495 |
| Accounts payable and accrued expenses | $2,943,983 |
| Grants payable | $0 |
| Deferred revenue | $829,198 |
| 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 | $5,323,269 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,473,308 |
| Total liabilities | $10,569,758 |
| Net assets without donor restrictions | $37,658,737 |
| 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 | $48,228,495 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of Southwest Florida Inc has awarded $1,871,064 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Myers, FL PURPOSE: SUPPORT | $1,863,902 |
Fort Myers, FL PURPOSE: SUPPORT | $7,162 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Goodwill Industries Of Southwest Florida Inc has recieved totaling $271,829.
| Awarding Organization | Amount |
|---|---|
United Way Of Lee County Inc Fort Myers, FL PURPOSE: Allocation for General Support | $114,350 |
Southwest Florida Community Foundation Inc Fort Myers, FL PURPOSE: GEN OP SUPP/SPE PROG | $75,838 |
United Way Of Collier And The Keys Inc Naples, FL PURPOSE: FINANCIAL STABILITY | $25,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $24,500 |
Manatee Community Foundation Inc Bradenton, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Goodwill Industries International Inc Rockville, MD PURPOSE: GOOGLE-GW DIGITAL CAREER ACCEL | $10,000 |
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 |