Goodwill Industries Of Fort Worth Inc
- Assets
- $69.5m
- Revenue
- $48.7m
- Investments
- $0.0
- Employees
- 1,767
- Location
- Fort Worth, TX
- Founding
- 10/1951
- Data as of
- 12/2022
- EIN
- 75-0868393
Organization Overview
Goodwill Industries Of Fort Worth Inc is located in Fort Worth, TX. The organization was established in 1951. 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 Fort Worth Inc employed 1,767 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Fort Worth 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 12/2022, Goodwill Industries Of Fort Worth Inc generated $48.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $47.9m during the year ending 12/2022. While expenses have increased by 5.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF GOODWILL IS TO PROVIDE ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE PROGRAMS TO TEACH, TRAIN, EMPLOY, AND EMPOWER PEOPLE WITH DISABILITIES AND DISADVANTAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRIAL CONTRACTS & RETAIL STORES: AS OUR AREAS LARGEST EMPLOYER OF PEOPLE WITH DISABILITIES AND DISADVANTAGES, GOODWILL OFFERS EMPLOYMENT AT AREA RETAIL STORES TO SHELTERED AND OTHER PERSONS WITH DISABILITIES, PROVIDING SPECIALIZED JOB TRAINING AND CAREER DEVELOPMENT SKILLS TO CULTIVATE EACH EMPLOYEE. CONTRACTS WITH THE BUREAU OF ENGRAVING AND PRINTING, ARMY RESERVE AND THE FEDERAL CENTER EMPLOY INDIVIDUALS WITH DISABILITIES, TURNING LIVES OF DEPENDENCE INTO LIVES OF INDEPENDENCE.
COMMUNITY RELATIONS
REHABILITATION: GOODWILLS PROGRAMS AND SERVICES INCLUDE VOCATIONAL AND REHABILITATION SERVICES TO PEOPLE WITH DISABILITIES AND DISADVANTAGES, SUCH AS: WORK ADJUSTMENT TRAINING (WAT) - PAID WORK EXPERIENCE FOR THOSE WITH BARRIERS TO EMPLOYMENT; WORK EXPERIENCE PROGRAM (WEP); VOCATIONAL ADJUSTMENT TRAINING (VAT); VOCATIONAL EVALUATION; SUPPORTED EMPLOYMENT; CAMP INDEPENDENCE - SUMMER CAMP FOR TRANSITIONAL STUDENTS; SUMMER EARN & LEARN - PAID WORK EXPERIENCE AND SOFT SKILLS TRAINING FOR STUDENTS WITH DISABILITIES; AND PROJECT SEARCH REAL LIFE WORK EXPERIENCE FOR YOUTH WITH DISABILITIES.
HOUSING & OCCUPANCY: GOODWILL PROVIDES FACILITIES FOR SHELTERED AND OTHER PERSONS WITH DISABILITIES TO LEARN JOB SKILLS AND PREPARE TO BE PRODUCTIVE, INCLUDING: S.T.A.R.S. - UNIQUE LIFE SKILLS PROGRAM FOR ADULTS WITH SIGNIFICANT OR MULTIPLE DISABILITIES; JOB RESOURCE CENTERS - FREE COMPUTER ACCESS AND JOB SKILLS TRAINING AND PLACEMENT ASSISTANCE AT FIVE LOCATIONS; GOODWILL STAFFING SERVICES - TEMPORARY EMPLOYMENT SERVICE FOR INDIVIDUALS WITH BARRIERS TO EMPLOYMENT; ADULT LITERACY CLASSES; NORTH TEXAS INSTITUTE FOR CAREER DEVELOPMENT (NTI) PROVIDES COURSES IN HOSPITALITY, CDL AND ONLINE IT: A+ CERTIFICATION AND ONLINE CERTIFIED MEDICAL ADMINISTRATIVE ASSISTANT; GOODWILLWORKS EMPLOYMENT SERVICES FOR THE HOMELESS; E2 - HIGH SCHOOL EQUIVALENCY PREPARATION AND PAID WORK EXPERIENCE FOR 16-24 YEAR OLDS; AND VETWORTHY EMPLOYMENT SERVICES FOR MILITARY VETS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cox President/ceo | Officer | 40 | $611,285 |
Elizabeth Butler-Murphy VP - Human Resources | Officer | 40 | $253,787 |
Kimberly Casarez CFO | 40 | $247,451 | |
Mark Fishback VP - Operations | Officer | 40 | $231,950 |
Rosemary Cruz VP - Donated Goods/retail | 40 | $211,597 | |
Romney Guy VP - Mission Services | 40 | $186,045 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Premiere Truck Group Trucks | 12/30/22 | $306,340 |
Be Safe Protective Services Security | 12/30/22 | $132,872 |
4 Refuel Fuel Management | 12/30/22 | $214,631 |
Gulf Engineering Hvac Maintenance | 12/30/22 | $123,138 |
Crown Quality Roofing Construction | 12/30/22 | $117,388 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,572,469 |
| Noncash contributions included in lines 1a–1f | $18,290,649 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,572,469 |
| Total Program Service Revenue | $6,371,686 |
| Investment income | $80,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,996 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $91,847 |
| Net Income from Fundraising Events | $156,925 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,809,963 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,689,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $524,992 |
| 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. | $1,199,122 |
| Compensation of current officers, directors, key employees. | $120,919 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,299,070 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,982,299 |
| Payroll taxes | $2,088,955 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $783,490 |
| Advertising and promotion | $345,309 |
| Office expenses | $2,136,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,795,400 |
| Travel | $823,800 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124,136 |
| Interest | $1,444,727 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,347,250 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $47,897,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,359,170 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $375,000 |
| Accounts receivable, net | $1,282,684 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,563,500 |
| Inventories for sale or use | $2,908,901 |
| Prepaid expenses and deferred charges | $529,271 |
| Net Land, buildings, and equipment | $29,800,250 |
| Investments—publicly traded securities | $250,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,391,636 |
| Total assets | $69,460,412 |
| Accounts payable and accrued expenses | $3,417,784 |
| Grants payable | $0 |
| Deferred revenue | $3,163 |
| Tax-exempt bond liabilities | $8,469,030 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,197,463 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $29,868,923 |
| Total liabilities | $44,956,363 |
| Net assets without donor restrictions | $24,504,049 |
| 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 | $69,460,412 |