Goodwill Industries Of Central Texas
- Assets
- $171.6m
- Revenue
- $205.3m
- Investments
- $0.0
- Employees
- 4,682
- Location
- Austin, TX
- Founding
- 10/1960
- Data as of
- 12/2022
- EIN
- 74-1322808
Organization Overview
Goodwill Industries Of Central Texas is located in Austin, TX. The organization was established in 1960. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2022, Goodwill Industries Of Central Texas employed 4,682 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Central Texas 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 12/2022, Goodwill Industries Of Central Texas generated $205.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $200.1m during the year ending 12/2022. While expenses have increased by 14.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOODWILL INDUSTRIES OF CENTRAL TEXAS (GICT) IS TRANSFORMING GENERATIONS BY EMPOWERING PEOPLE THROUGH EDUCATION, CAREER TRAINING, AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED EMPLOYMENT RETAILGOODWILL RETAIL LOCATIONS DRIVE OVER 60% OF THE TOTAL REVENUE TO FUND NO COST EDUCATION, CAREER TRAINING, AND JOB PLACEMENT SERVICES FOR PEOPLE WHO ARE MARGINALIZED IN OUR COMMUNITY. RETAIL STORES ALSO SERVE AS TRANSITIONAL EMPLOYMENT SITES OFFERING TRAINING, WORK EXPERIENCE, AND INCOME FOR PEOPLE WITH OBSTACLES TO WORK, WHILE SELECT LOCATIONS HOUSE CAREER CENTERS PROVIDING ONE-ON-ONE CAREER SERVICES AND ACCESS TO EDUCATION/TRAINING PROGRAMS. GCT ALSO PROVIDES ONE-ON-ONE CAREER COACHING TO ELIGIBLE DONATED GOODS RETAIL TEAM MEMBERS TO HELP PEOPLE MEET THEIR BASIC NEEDS, IDENTIFY THEIR CAREER GOALS, AND OBTAIN THE SKILLS NECESSARY TO MEET THOSE GOALS. IN 2022, GOODWILL RETAIL LOCATIONS PROVIDED EMPLOYMENT TO 2,881 PEOPLE, OF WHICH 1,980 RECEIVED CAREER COACHING AND BASIC NEEDS ASSISTANCE
EDALUATION AND TRAININGWORKFORCE ADVANCEMENT/CHARTER SCHOOL/GOODWILL CAREER AND TECHNICAL ACADEMYPEOPLE WHO ARE MARGINALIZED, OFTEN LIVING IN POVERTY, OR MAKING LESS THAN A LIVING WAGE, RECEIVE ONE-ON-ONE CASE MANAGEMENT AND COACHING INCLUDING SOFT SKILLS AND JOB SEARCH TRAINING, JOB READINESS TRAINING, FINANCIAL AND DIGITAL LITERACY CLASSES, INTERNSHIPS, NO COST BASIC NEEDS ASSISTANCE AND ACCESS TO MENTAL HEALTH SERVICES, JOB TRAINING, AND JOB PLACEMENT SERVICES. PARTICIPANTS MAY EARN A HIGH SCHOOL DIPLOMA, TRAIN FOR AN IN-DEMAND INDUSTRY RECOGNIZED CREDENTIAL OR COMPLETE A GED TO ASSIST IN MOVING TOWARDS A CAREER, NOT JUST A JOB. IN 2022, GCT SERVED 8,110 PEOPLE THROUGH 154,943 MISSION SERVICES, AND PLACED INDIVIDUALS INTO 2,107 JOBS. THE CHARTER SCHOOL, THE ONLY HIGH SCHOOL IN TEXAS SERVING STUDENTS AGES 18 50, ENROLLED AND SERVED 2,138 STUDENTS AND ALUMNI ACROSS 6 CAMPUSES INCLUDING TWO CORRECTIONAL FACILITIES IN 2022 AND 312 STUDENTS GRADUATED WITH THEIR DIPLOMA. THE GOODWILL CAREER AND TECHNICAL ACADEMY PROVIDED TRAINING TO 311 INDIVIDUALS AND HELPED THEM EARN 184 INDUSTRY RECOGNIZED CREDENTIALS.
STAFFING SERVICES AND CONTRACTSIN 2022, GSG TALENT SOLUTIONS PLACED 1,129 INDIVIDUALS INTO TEMPORARY OR TEMPORARY TO PERMANENT POSITIONS WITH 36 EMPLOYERS. THIS IS A 4.8% INCREASE IN INDIVIDUALS HIRED BY GSG FROM 2021. THE AVERAGE HOURLY WAGE FOR 2022 WAS $24.10, WHICH IS AN 18.7% INCREASE FROM 2021, AND WE PROVIDED OVER $50,000 IN EMPLOYEE ASSISTANCE. GSG TALENT SOLUTIONS PROVIDES ONE-ON-ONE SUPPORT TO ELIGIBLE INDIVIDUALS TO ASSIST IN HELPING THEM MOVE FROM TEMPORARY TO PERMANENT EMPLOYMENT, INCLUDING BASIC NEEDS ASSISTANCE, SOFT SKILLS TRAINING, AND CAREER COACHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Lagarde Interim CEO (as Of 06/22) | OfficerTrustee | 40 | $257,014 |
Margaret Moten Chair | OfficerTrustee | 1 | $0 |
Anna Denton Secretary | OfficerTrustee | 1 | $0 |
Mohan Kharbanda Vice Chair | OfficerTrustee | 1 | $0 |
Richard Shields Treasurer | OfficerTrustee | 1 | $0 |
Ted Delisi Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capital Constructors Group Llc Construction | 12/30/22 | $2,434,779 |
Sunrise Technologies Software Consulting | 12/30/22 | $2,277,306 |
Veryable Inc Staffing | 12/30/22 | $1,830,256 |
Elevate Hr Hr Software & Consulting | 12/30/22 | $1,175,543 |
Way Service Ltd Maintenance | 12/30/22 | $1,048,947 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $307,179 |
| Related organizations | $9,269,223 |
| Government grants | $9,581,266 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,360,394 |
| Noncash contributions included in lines 1a–1f | $77,987,771 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,518,062 |
| Total Program Service Revenue | $106,474,676 |
| Investment income | $76,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $185,250 |
| Net Gain/Loss on Asset Sales | -$80,077 |
| Net Income from Fundraising Events | -$151,207 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,338,999 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $116,667 |
| Grants and other assistance to domestic individuals. | $2,636,915 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,407,420 |
| Compensation of current officers, directors, key employees. | $1,407,420 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,408,729 |
| Pension plan accruals and contributions | $241,988 |
| Other employee benefits | $6,886,667 |
| Payroll taxes | $3,996,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175,168 |
| Fees for services: Accounting | $215,039 |
| Fees for services: Lobbying | $67,500 |
| Fees for services: Fundraising | $5,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,636,935 |
| Advertising and promotion | $1,540,483 |
| Office expenses | $2,319,640 |
| Information technology | $1,858,463 |
| Royalties | $0 |
| Occupancy | $19,008,622 |
| Travel | $681,563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,088,170 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,883,335 |
| Insurance | $1,600,315 |
| All other expenses | $0 |
| Total functional expenses | $200,118,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,833,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,850,601 |
| Accounts receivable, net | $1,569,069 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,387,234 |
| Prepaid expenses and deferred charges | $957,861 |
| Net Land, buildings, and equipment | $71,427,701 |
| Investments—publicly traded securities | $9,650,987 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69,934,596 |
| Total assets | $171,611,344 |
| Accounts payable and accrued expenses | $11,264,851 |
| Grants payable | $0 |
| Deferred revenue | $1,950 |
| Tax-exempt bond liabilities | $41,209,848 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $608,938 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,174,531 |
| Total liabilities | $115,260,118 |
| Net assets without donor restrictions | $56,351,226 |
| 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 | $171,611,344 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of Central Texas has awarded $28,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF AUSTIN CAREER EXPO PURPOSE: CAREER FAIR | $10,000 |
AMERICAN RED CROSS PURPOSE: GIFT CARDS TO DISTRIBUTE TO FLOOD VICTIMS | $18,000 |