Goodwill Industries Of Central Oklahoma Inc
- Assets
- $64.1m
- Revenue
- $49.7m
- Investments
- $0.0
- Employees
- 1,939
- Location
- Oklahoma City, OK
- Founding
- 04/1938
- Data as of
- 12/2023
- EIN
- 73-0641590
Organization Overview
Goodwill Industries Of Central Oklahoma Inc, operating under the name Goodwill Central Oklahoma, is located in Oklahoma City, OK. 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 Central Oklahoma employed 1,939 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Central Oklahoma 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 Central Oklahoma generated $49.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $45.0m during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 9 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.
Since 2015, Goodwill Central Oklahoma has awarded 19 individual grants totaling $1,259,311. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP PEOPLE OVERCOME CHALLENGES TO EMPLOYMENT. THIS IS ACCOMPLISHED THROUGH THE OPERATION OF RETAIL STORES AND OFFERING A VARIETY OF PROGRAMS DESIGNED TO MAKE INDIVIDUALS MORE CAREER READY. WE ALSO OVERSEE PROGRAMS THAT WORK WITH LOCAL AREA BUSINESSES, PROVIDING VALUABLE SERVICES AND COMMUNITY IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL OPERATES RETAIL STORES, ATTENDED DONATION CENTERS, EMPLOYMENT SERVICE CENTERS, AND OTHER FACILITIES ACROSS CENTRAL OKLAHOMA. THROUGH OUR DONATED GOODS RETAIL OPERATION,WE EMPLOYED OVER 1,500 EMPLOYEES DURING 2023. IN ADDITION TO TRADITIONAL RETAIL EMPLOYMENT OPPORTUNITIES, GOODWILL OPERATES VARIOUS TRAINING AND ON-THE-JOB PROGRAMS DESIGNED TO ASSIST INDIVIDUALS IN ACQUIRING JOB READINESS SKILLS AND CAREER ADVANCEMENT OPPORTUNITIES GEARED TOWARDS DEFINING AN EMPLOYEE'S CAREER GOALS. GOODWILL ALSO OFFERS AN EMPLOYEE RESOURCE PROGRAM, BEGIN-AT-HOME, FOR EMPLOYEES FACING BARRIERS SUCH AS FOOD INSECURITY, CHILDCARE, TRANSPORTATION AND HOUSING, AMONG OTHER ITEMS. _
AS A FULL-SERVICE CONTRACTOR, GOODWILL HAS PROVIDED PROFESSIONAL JANITORIAL AND UNARMED SECURITY SERVICES FOR MORE THAN 20 YEARS TO LOCAL AGENCIES AND COMMERCIAL BUSINESSES IN CENTRAL OKLAHOMA. THROUGH THIS INITIATIVE, GOODWILL HAS EMPLOYED HUNDREDS OF EMPLOYEES OVER TWO DECADES, ADVANCING OUR MISSION THROUGH THE POWER OF WORK.
OTHER PROGRAM SERVICE ACTIVITIES INCLUDE THE FOLLOWING: EMPLOYMENT SERVICE CENTERS: OUR EMPLOYMENT SERVICE CENTERS PROVIDE AN ARRAY OF EMPLOYMENT SERVICES DESIGNED TO HELP INDIVIDUALS OBTAIN WORK. SERVICES INCLUDE CAREER ASSESSMENTS, RESUME BUILDING, JOB FAIRS, INTERNET JOB SEARCHES AND PROFESSIONAL ETIQUETTE WORKSHOPS. IN ADDITION, EMPLOYMENT SPECIALISTS HELP INDIVIDUALS SECURE AND RETAIN EMPLOYMENT. CAREER PATHWAYS INSTITUTE: OUR GOODWILL CAREER PATHWAYS INSTITUTE IS THE TRAINING HUB FOR THE ORGANIZATION THAT OFFERS SKILLS-BASED TRAINING AND CERTIFICATE PROGRAMS TO ASSIST EMPLOYEES AND COMMUNITY CLIENTS WHO FACE A HIGH BARRIER TO EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Priest President And CEO | Officer | 40 | $276,607 |
Traci Moses Evp - Chief People Officer | Officer | 40 | $190,284 |
Rick Stasyszen VP - Finance | Officer | 40 | $152,709 |
Frank Holland Evp - Chief Revenue Officer (thru 9/23) | Officer | 40 | $162,907 |
Lisa Dillon VP - Workforce Development | Officer | 40 | $150,575 |
Chris Bachmann VP - Contract Services | 40 | $147,623 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Agree Limited Partnership Landlord | 12/30/23 | $552,876 |
Mohsen Construction Llc General Contractor | 12/30/23 | $338,203 |
Royal Park Business Dev Landlord | 12/30/23 | $301,864 |
Scottok Llc Landlord | 12/30/23 | $282,732 |
Ora Llc Landlord | 12/30/23 | $271,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,892 |
| Membership dues | $0 |
| Fundraising events | $220,974 |
| Related organizations | $0 |
| Government grants | $260,678 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,906,839 |
| Noncash contributions included in lines 1a–1f | $45,726,937 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,395,383 |
| Total Program Service Revenue | $2,795,904 |
| Investment income | $438,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,310 |
| Net Gain/Loss on Asset Sales | $43,612 |
| Net Income from Fundraising Events | -$38,930 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,703,972 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $692 |
| 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. | $970,461 |
| Compensation of current officers, directors, key employees. | $652,684 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,693,986 |
| Pension plan accruals and contributions | $294,883 |
| Other employee benefits | $2,322,952 |
| Payroll taxes | $1,958,237 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,940 |
| Fees for services: Accounting | $65,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,041 |
| Fees for services: Other | $960,278 |
| Advertising and promotion | $222,723 |
| Office expenses | $535,058 |
| Information technology | $397,342 |
| Royalties | $0 |
| Occupancy | $7,949,061 |
| Travel | $876,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $66,198 |
| Payments to affiliates | $202,458 |
| Depreciation, depletion, and amortization | $1,537,411 |
| Insurance | $516,598 |
| All other expenses | $522,471 |
| Total functional expenses | $45,025,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,318,277 |
| Savings and temporary cash investments | $3,624,001 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,153,722 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,706,873 |
| Prepaid expenses and deferred charges | $489,092 |
| Net Land, buildings, and equipment | $12,909,671 |
| Investments—publicly traded securities | $6,788,881 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,124,288 |
| Total assets | $64,114,805 |
| Accounts payable and accrued expenses | $2,250,345 |
| 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 | $1,612,087 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,528,733 |
| Total liabilities | $37,391,165 |
| Net assets without donor restrictions | $26,178,407 |
| Net assets with donor restrictions | $545,233 |
| 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 | $64,114,805 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of Central Oklahoma Inc has awarded $25,399 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HEARTLINE INC PURPOSE: CRISIS INTERVENTION | $18,641 |
LEGAL AID SERVICES OF OKLAHOMA INC PURPOSE: LEGAL ASSISTANCE | $6,758 |