Abilene Goodwill Industries Inc
- Assets
- $25.8m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 939
- Location
- Abilene, TX
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 75-1867441
Organization Overview
Abilene Goodwill Industries Inc, operating under the name Goodwill West Texas, is located in Abilene, TX. The organization was established in 1983. 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 West Texas employed 939 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill West 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 12/2023, Goodwill West Texas generated $18.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $14.8m during the year ending 12/2023. While expenses have increased by 8.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE OPPORTUNITIES FOR PEOPLE WITH BARRIERS TO EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THRIFT STORES - SALES OF DONATED GOODS RECEIVED FROM THE COMMUNITY DIRECTLY FUND MISSION PROGRAMS TO ASSIST THOSE WITH DISABILITIES OR DISADVANTAGES FIND EMPLOYMENT OPPORTUNITIES AT GOODWILL OR IN THEIR COMMUNITY. STORES PROVIDE RETAIL JOBS AND CAREER TRAINING FOR OVER 350 INDIVIDUALS - APPROXIMATELY 60% OF WHICH INDICATE THEY HAVE A BARRIER, DISABILITY OR DISADVANTAGE.
GOODWILL WEST TEXAS FUNDS MISSION PROGRAMS WITH THRIFT STORE REVENUE. MISSION PROGRAMS ARE REGIONAL AND INCLUDE: CAREER CENTERS - FACILITIES THAT PROVIDE FREE ONE-ON-ONE CAREER COACHING WITH A SPECIALIST, RESUME WRITING, COMPUTER ACCESS AND TRAINING, JOB PLACEMENT AND RETENTION PROGRAMS AND ID ASSISTANCE. GOODLIFE - AN INTERNAL, ONLINE LEARNING OPPORTUNITY TO SUPPORT THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF GOODWILL WEST TEXAS EMPLOYEES. REENTRY POINT - A CURRICULUM-BASED COMPREHENSIVE PROGRAM DESIGNED FOR JUSTICE-IMPACTED INDIVIDUALS TO HELP THEM OVERCOME THEIR PERSONAL BARRIERS TO EMPLOYMENT.
HOUSING STABILIZATION SERVICES - THIS FEDERALLY FUNDED PROGRAM PROVIDES HOUSING STABILIZATION SERVICES TO ELIGIBLE HOUSEHOLDS THROUGH MONETARY ASSISTANCE ON BEHALF OF THE CLIENT FOR RENTAL DEPOSITS, APPLICATION FEES, UTILITY DEPOSITS AND PET DEPOSITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Browning Board Member | Trustee | 1 | $0 |
Jacob Bunton Board Member | Trustee | 1 | $0 |
Jim Goldston Board Member | Trustee | 1 | $0 |
Erica Harris Board Member | Trustee | 1 | $0 |
Katy Hibbs Board Member | Trustee | 1 | $0 |
Julie Johncox Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,329 |
| All other contributions, gifts, grants, and similar amounts not included above | $195,018 |
| Noncash contributions included in lines 1a–1f | $2,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,347 |
| Total Program Service Revenue | $0 |
| Investment income | $330,254 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,826 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,100 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $18,029,986 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,681,414 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $420,868 |
| Compensation of current officers, directors, key employees. | $210,434 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,657,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $980,049 |
| Payroll taxes | $653,764 |
| Fees for services: Management | $79,814 |
| 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 | $253,861 |
| Advertising and promotion | $75,309 |
| Office expenses | $282,820 |
| Information technology | $331,633 |
| Royalties | $0 |
| Occupancy | $1,217,725 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,072 |
| Interest | $0 |
| Payments to affiliates | $142,452 |
| Depreciation, depletion, and amortization | $586,441 |
| Insurance | $239,799 |
| All other expenses | $420,654 |
| Total functional expenses | $14,831,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,561,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,044 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,478,709 |
| Prepaid expenses and deferred charges | $412,521 |
| Net Land, buildings, and equipment | $10,106,739 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,177,775 |
| Total assets | $25,843,300 |
| Accounts payable and accrued expenses | $796,952 |
| Grants payable | $0 |
| Deferred revenue | $23,827 |
| 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 | $3,371,484 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,192,263 |
| Net assets without donor restrictions | $21,651,037 |
| 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 | $25,843,300 |