Goodwill Industries Of Kentucky Inc is located in Louisville, KY. 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 12/2023, Goodwill Industries Of Kentucky Inc employed 4,553 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Kentucky 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 12/2023, Goodwill Industries Of Kentucky Inc generated $127.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $112.6m during the year ending 12/2023. While expenses have increased by 10.5% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES ACHIEVE AND MAINTAIN EMPLOYMENT TO GAIN A BETTER QUALITY OF LIFE THROUGH JOB CREATION, PLACEMENT, ADDRESSING BARRIERS TO EMPLOYMENT, AND OTHER TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL INDUSTRIES OF KENTUCKY, INC.'S RETAIL PROGRAM HELPS PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES OBTAIN AND MAINTAIN EMPLOYMENT AT ONE OF ITS 66 STORES THROUGHOUT KENTUCKY BY PROVIDING EMPLOYMENT, TRAINING OPPORTUNITIES, AND ACCESS TO PROGRAMS AND RESOURCES THAT ADDRESS BARRIERS TO EMPLOYMENT. THE STORES SELL A VARIETY OF MERCHANDISE (DONATED BY THE GENERAL PUBLIC) TO THE COMMUNITY AT DISCOUNTED PRICES TO CREATE JOBX, TO DIVERT ITEMS FROM LOCAL LANDFILLS, AND TO GENERATE FUNDING TO SUPPORT EMPLOYMENT COUNSELING, EDUCATIONAL PROGRAMS AND JOB TRAINING SERVICES, AND OTHER BARRIER REDUCTION PROGRAMS. DURING 2023, 2,494 INDIVIDUALS WITH DISABILTIES OR OTHER DISADVANTAGES PARTICPATED IN THE RETAIL PROGRAM, AND THE PROGRAM PAID WAGES TO INDIVIDUALS WITH DISABILIITIES AND OTHER DISADVANTAGES TOTALING $29,184,660. ADDITIONALLY OVER 50 MILLION LBS WERE DIVERTED FROM LANDFILLS.
GOODWILL INDUSTRIES OF KENTUCKY, INC. (GOODWILL) EMPLOYS PERSONS TO PROVIDE JANITORIAL AND CUSTODIAL SERVICES UNDER CONTRACTS. THESE SERVICES ARE PERFORMED WITH A WORKFORCE COMPRISED OF MORE THAN 85% OF PERSONS WITH SIGNIFICANT DISABILITIES. THIS PROGRAM IS CONSISTENT WITH GOODWILL'S MISSION. THESE CONTRACTS EMPLOYED 77 PERSONS, AND PAID $888,396 IN MISSION-RELATED WAGES.THE CARS TO WORK PROGRAM HELPS INDIVIDUALS OBTAIN AFFORDABLE TRANSPORTATION TO ACHIEVE AND MAINTAIN EMPLOYMENT. PARTICIPANTS RECEIVE FINANCIAL COUNSELING AND GUIDANCE TO HELP THEM PROPERLY BUDGET FOR AND MAINTAIN THEIR VEHICLE. UPON PROGRAM COMPLETION, PARTICIPANTS ARE ELIGIBLE FOR DOWN PAYMENT ASSISTANCE AND A LOAN THROUGH A DEALER PARTNER WHICH IS COLLATERALIZED BY GOODWILL. LOAN INTEREST IS REIMBURSED TO PARTICIPANTS SUCCESSFULLY MAKING ALL PAYMENTS AT THE END OF THE LOAN TERM. FAMILIES ARE ALSO ENRICHED BY ACCESS TO TRANSPORTATION AS CLIENTS' CHILDREN MAY BE ABLE TO PARTICIPATE IN AFTER-SCHOOL ACTIVITIES, PERHAPS FOR THE FIRST TIME. IN ADDITION, CLIENTS HAVE THE OPPORTUNITY TO BUILD THEIR CREDIT RATING AND IMPROVE THEIR CREDIT SCORE. DURING 2023, 123 VEHICLES AND $130,944 IN DOWN PAYMENT ASSISTANCE AND INTEREST PAYMENT REIMBURSEMENT WERE PROVIDED. IN ADDITION TO VEHICLES, THE CARS TO WORK - LAST MILE TO WORK PROGRAM REPAIRS AND PROVIDES BICYCLES TO PARTICIPANTS WITH TRANSPORTATION BARRIERS. THE LAST MILE TO WORK PROGRAM PROVIDED 311 BICYCLES TO PARTICIPANTS. GOODWILL'S EXCEL CENTER IS A TUITION FREE HIGH SCHOOL THAT GIVES ADULTS AGES 18-64 A SECOND CHANCE TO EARN A HIGH SCHOOL DIPLOMA. THE EXCEL CENTER OFFERS SUPPORT SERVICES SUCH AS ON-SITE CHILD CARE, TRANSPORTATION ASSISTANCE, COLLEGE CREDIT, AND INDUSTRY-RECOGNIZED CERTIFICATION COURSES. THROUGH ACCESS TO ADDITIONAL GOODWILL PROGRAMS SUCH AS EMPLOYMENT AND DISABILITY SERVICES, A JUSTICE-INVOLVED REENTRY PROGRAM, AND SERVICES FOR FIRST-TIME MOTHERS, THE EXCEL CENTER IS ABLE TO HELP REMOVE BARRIERS TO EDUCATION AND EMPOWER INDIVIDUALS TO ACHIEVE THEIR GOALS.
GOODWILL INDUSTRIES OF KENTUCKY, INC.'S OPPORTUNITY CENTERS AND MISSION INTEGRATION SERVICES PROVIDE PATHWAYS TO IMPROVED JOB STATUS AND GREATER SELF-SUFFICIENCY FOR INDIVIDUALS FACING BARRIERS TO ACHIEVING OR MAINTAINING EMPLOYMENT SUCH AS THOSE WITH LIMITED EDUCATION, THOSE RECOVERING FROM ADDICTION, FORMER OFFENDERS RE-ENTERING SOCIETY FROM INCARCERATION, AT-RISK YOUTH, THE HOMELESS OR UNHOUSED, AND OTHERS EXPERIENCING CHRONIC POVERTY. THE 12 OPPORTUNITY CENTERS AND YOUNG ADULT OPPORTUNITY CENTER PROVIDE PERSONAL COUNSELING AND JOB COACHING, SKILLS TRAINING, ASSESSMENTS, JOB PLACEMENT AND RETENTION SERVICES, AND ACCESS TO ADDITIONAL BARRIER REDUCTION PROGRAMS AND COMMUNITY PARTNER RESOURCES. THESE PROGRAMS MADE 4,029 FULL TIME JOB PLACEMENTS (INCLUDING 1,566 INDIVIDUALS ACHIEVING IMPROVED JOB STATUS SUCH AS A PROMOTION, HIGHER PAY, OR INCREASED BENEFITS), AND 630 PART TIME JOB PLACEMENTS. THE PROGRAMS DELIVERED 16,068 SERVICES, INCLUDING 2,830 INDIVIDUALS RECEIVING SOFT SKILLS CERTIFICATES, 4,187 EXPUNGEMENTS, 100 RECEIVING HOUSING PLACEMENTS, 191 RECEIVING FINANCIAL LITERACY CERTIFICATES, AND 419 INDIVIDUALS COMPLETING HIGHER EDUCATION OR AN OTHER RECOGNIZED CREDENTIAL.
GOODWILL INDUSTRIES OF KENTUCKY, INC. SENIOR COMMUNITY EMPLOYMENT SERVICE PROGRAM (SCSEP) THROUGH A NATIONAL DEPARTMENT OF LABOR (DOL) GRANT IS DESIGNED TO LINK LOW-INCOME, OLDER WORKERS TO ON-THE-JOB TRAINING THAT CAN HELP THEM MOVE INTO PAID EMPLOYMENT. THROUGH SCSEP, GOODWILL MATCHES ELIGIBLE INDIVIDUALS AGE 55 AND OLDER WITH NONPROFITS OR PUBLIC AGENCIES FOR ON-THE-JOB TRAINING IN A PROFESSIONAL WORK ENVIRONMENT, PAID BY THE SCSEP PROGRAM. THE SCSEP PROGRAM SERVED 355 INDIVIDUALS, MADE 11 FULL-TIME JOB PLACEMENTS, 37 PART-TIME JOB PLACEMENTS, WHILE PAYING OVER $1,481,404 IN MISSION-RELATED WAGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Groneck Chairperson | OfficerTrustee | 1 | $0 |
Hugh Haydon Vice Chair | OfficerTrustee | 1 | $0 |
Douglas Edwards Secretary | OfficerTrustee | 1 | $0 |
William Stout Treasurer | OfficerTrustee | 1 | $0 |
Nicholas Brake Board Member (thru 8/15/23) | Trustee | 1 | $0 |
Croswell Chambers Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Calhoun Construction Services Inc Construction/general Contracting | 12/30/23 | $18,636,008 |
Miranda Construction Llc Construction/general Contracting | 12/30/23 | $1,773,020 |
Ray Black & Son Inc Construction/general Contracting | 12/30/23 | $925,197 |
Advanced Business Solutions Information Technology Consulting | 12/30/23 | $833,209 |
Ukg Inc Payroll Processing Services | 12/30/23 | $548,348 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,000,000 |
All other contributions, gifts, grants, and similar amounts not included above | $46,536,296 |
Noncash contributions included in lines 1a–1f | $36,030,231 |
Total Revenue from Contributions, Gifts, Grants & Similar | $47,536,296 |
Total Program Service Revenue | $77,717,513 |
Investment income | $1,468,145 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $141,106 |
Net Gain/Loss on Asset Sales | $412,603 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $127,918,534 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
Grants and other assistance to domestic individuals. | $3,988,525 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,406,141 |
Compensation of current officers, directors, key employees. | $1,291,547 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $59,940,348 |
Pension plan accruals and contributions | $1,181,340 |
Other employee benefits | $6,147,447 |
Payroll taxes | $5,293,766 |
Fees for services: Management | $0 |
Fees for services: Legal | $208,098 |
Fees for services: Accounting | $53,850 |
Fees for services: Lobbying | $25,200 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $81,978 |
Fees for services: Other | $3,172,159 |
Advertising and promotion | $1,180,915 |
Office expenses | $4,520,898 |
Information technology | $1,144,966 |
Royalties | $0 |
Occupancy | $10,020,570 |
Travel | $2,143,588 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $955,121 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,028,980 |
Insurance | $0 |
All other expenses | $2,165,749 |
Total functional expenses | $112,568,441 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,452,836 |
Savings and temporary cash investments | $2,355,178 |
Pledges and grants receivable | $6,129,335 |
Accounts receivable, net | $253,484 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $26,351,368 |
Inventories for sale or use | $4,442,484 |
Prepaid expenses and deferred charges | $448,446 |
Net Land, buildings, and equipment | $111,545,181 |
Investments—publicly traded securities | $43,744,387 |
Investments—other securities | $185,259 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,241,281 |
Total assets | $216,149,239 |
Accounts payable and accrued expenses | $13,187,647 |
Grants payable | $0 |
Deferred revenue | $1,407,901 |
Tax-exempt bond liabilities | $17,582,855 |
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 | $5,845,825 |
Total liabilities | $38,024,228 |
Net assets without donor restrictions | $178,055,917 |
Net assets with donor restrictions | $69,094 |
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 | $216,149,239 |
Over the last fiscal year, Goodwill Industries Of Kentucky Inc has awarded $2,219,009 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
KENTUCKY STATE TREASURER PURPOSE: DONATIONS RAISED FOR WESTERN KENTUCKY TORNANDO RELIEF FUND | $139,303 |
FLORIDA GOODWILL ASSOCIATION PURPOSE: DONATIONS RAISED FOR HURRICANE IAN RELIEF FUND | $10,000 |
GOODWILL KY SUPPORT CORPORATION INC PURPOSE: CONTRIBUTION FOR CONSTRUCTION AND DEVELOPMENT OF A RESOURCE CENTER FACILITY IN WEST LOUISVILLE | $2,069,706 |