Goodwill Industries Of Mississippi Inc
- Assets
- $5.9m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 307
- Location
- Ridgeland, MS
- Founding
- 04/1958
- Data as of
- 12/2021
- EIN
- 64-0362410
Organization Overview
Goodwill Industries Of Mississippi Inc is located in Ridgeland, MS. The organization was established in 1958. 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 Mississippi Inc employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Mississippi 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 Mississippi Inc generated $8.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $6.3m during the year ending 12/2021. While expenses have increased by 4.7% 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
THE ORGANIZATION ASSISTS PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO OBTAIN EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STORES AND CONTRIBUTED GOODS PRODUCTION: THIS IS AN ONGOING EMPLOYMENT PROGRAM THAT SERVES INDIVIDUALS WHO FACE BARRIERS TO EMPLOYMENT. IT PROVIDES WORK EXPERIENCE, TRAINING, AND EARNING WHILE LEARNING. THE TOTAL NUMBER OF EMPLOYEES DURING THE 2021 YEAR WAS 307.
REHABILITATION: THIS IS AN ONGOING PROGRAM THAT SERVICED 93 INDIVIDUALS WHO FACED BARRIERS TO EMPLOYMENT IN 2021. IT ALSO SUPPORTED INDIVIDUALS THROUGH FINANCIAL PLANNING, OTHER EDUCATION SERVICES, AND ACTUAL WORK EXPERIENCE.
COMPUTER WORKSHOP TO PROVIDE TRAINING TO EMPLOYEES, CLIENTS, AND THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hollingsworth President/ceo End Date 9/17/21 | Officer | 40 | $131,490 |
Brad Steffani President/ceo Begin Date 9/20/21 | Officer | 40 | $46,800 |
Ricki Garrett Board Chair | OfficerTrustee | 0.5 | $0 |
Shannon Hillman Secretary | OfficerTrustee | 0.5 | $0 |
David Henry Past Board Chair | OfficerTrustee | 0.5 | $0 |
Spence Fletcher Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $950,047 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,412 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,094,459 |
| Total Program Service Revenue | $7,605,056 |
| Investment income | $24,696 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,969 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,732,613 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $20,592 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $187,873 |
| Compensation of current officers, directors, key employees. | $187,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,254,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $237,280 |
| Payroll taxes | $245,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,595 |
| Fees for services: Other | $136,092 |
| Advertising and promotion | $12,924 |
| Office expenses | $129,534 |
| Information technology | $78,911 |
| Royalties | $0 |
| Occupancy | $1,132,452 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,652 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $145,794 |
| Insurance | $69,212 |
| All other expenses | $40,628 |
| Total functional expenses | $6,295,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,124,903 |
| Savings and temporary cash investments | $344,795 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $149,048 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1 |
| Prepaid expenses and deferred charges | $95,489 |
| Net Land, buildings, and equipment | $713,880 |
| Investments—publicly traded securities | $1,475,888 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,904,004 |
| Accounts payable and accrued expenses | $241,884 |
| 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 | $241,884 |
| Net assets without donor restrictions | $5,662,120 |
| 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 | $5,904,004 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Goodwill Industries Of Mississippi Inc has recieved totaling $15,448.
| Awarding Organization | Amount |
|---|---|
Ergon Foundation Inc Jackson, MS PURPOSE: GENERAL SUPPORT | $10,000 |
Goodwill Industries International Inc Rockville, MD PURPOSE: ACCENTURE VIRTUAL REALITY, GOOGLE IT PYTHON CERTIFICATE | $5,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $48 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries - Knoxville Inc Knoxville, TN | $38,369,521 | $19,652,369 |
Chattanooga Goodwill Industries Inc Chattanooga, TN | $6,642,693 | $15,165,222 |
Alabama Goodwill Industries Inc Birmingham, AL | $7,408,610 | $11,524,779 |
Goodwill Industries Of North Louisiana Inc Shreveport, LA | $13,063,614 | $11,877,015 |
Goodwill Industries Of South Mississippi Inc Gulfport, MS | $5,588,871 | $9,542,792 |
Goodwill Industries Of Central Alabama Inc Montgomery, AL | $14,785,598 | $10,734,674 |
Goodwill Industries Of Tenneva Area Inc Kingsport, TN | $7,401,547 | $6,842,387 |
Goodwill Industries Of Acadiana Inc Lafayette, LA | $17,825,455 | $8,015,680 |
Goodwill Industries Of Mississippi Inc Ridgeland, MS | $5,904,004 | $8,732,613 |
Memphis Goodwill Industries Inc Memphis, TN | $875,066 | $4,418,155 |
Goodwill Of Arkansas Foundation Inc Little Rock, AR | $42,511,654 | $7,662,252 |
Goodwill Idustries Volunteer Services Of Mississippi Inc Ridgeland, MS | $91,511 | $0 |