Goodwill Industries Of Southern California
- Assets
- $182.3m
- Revenue
- $288.1m
- Investments
- $0.0
- Employees
- 2,581
- Location
- Los Angeles, CA
- Founding
- 05/1935
- Data as of
- 12/2023
- EIN
- 95-1641441
Organization Overview
Goodwill Industries Of Southern California, operating under the name Goodwill Southern California, is located in Los Angeles, CA. The organization was established in 1935. 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 Southern California employed 2,581 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Southern California 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 Southern California generated $288.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $273.3m during the year ending 12/2023. While expenses have increased by 2.8% 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
TRANSFORMING LIVES THROUGH THE POWER OF WORK, GOODWILL INDUSTRIES OF (CONTINUED ON SCHEDULE O) SOUTHERN CALIFORNIA ("GSC") SERVES PERSONS WITH DISABILITIES OR OTHER VOCATIONAL CHALLENGES BY PROVIDING EDUCATION, SKILLS TRAINING, WORK EXPERIENCE, AND JOB PLACEMENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETAIL STORES- CREATES JOB OPPORTUNITIES FOR PERSONS WITH DISABILITIES AND BARRIERS TO EMPLOYMENT AND INDUSTRY TRAINING. IN 2023, OVER 1,374 INDIVIDUALS WERE EMPLOYED OR TRAINED THROUGH THESE PROGRAMS.
CONTRACT DEPARTMENT - A FAMILY OF PROGRAMS INCLUDING COMPUTER RECYCLING, SHREDDING, DOCUMENT IMAGING, CUSTODIAL BUILDING SERVICES, AND ASSEMBLY AND FULFILLMENT SERVICES TO ASSIST LOCAL BUSINESSES. IN 2023, OVER 76 INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT WERE TRAINED AND EMPLOYED IN THESE PROGRAMS.
MATERIAL COLLECTION, HANDLING, AND PROCESSING - CREATES EMPLOYMENT FOR PERSONS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT, INCLUDING SKILLS TRAINING. IN 2023, APPROXIMATELY 82 INDIVIDUALS WERE EMPLOYED.
WORKFORCE DEVELOPMENT - INCLUDES A WIDE VARIETY OF PROGRAMS PROVIDING EMPLOYMENT PREPARATION, SKILLS TRAINING, JOB DEVELOPMENT, AND JOB PLACEMENT FOR PERSONS WITH DISABILITIES OR OTHER VOCATIONAL DISADVANTAGES. IN 2023, OVER 32,616 INDIVIDUALS WITH DISABILITIES OR OTHER BARRIERS TO EMPLOYMENT WERE ASSISTED THROUGH THESE VARIOUS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Villa Chair | OfficerTrustee | 1 | $0 |
John Hwang Vice-Chair | OfficerTrustee | 1 | $0 |
Peter Starrett Treasurer | OfficerTrustee | 1 | $0 |
Susan H Stromgren Secretary | OfficerTrustee | 1 | $0 |
Adeola Adeseun Director | Trustee | 1 | $0 |
David M Amar Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gsg Protective Services Temp Labor Services | 12/30/23 | $1,692,957 |
Goodwill Retail Services Contracted Services | 12/30/23 | $53,941,383 |
Pena Commercial Builders Inc Land & Building Improvements | 12/30/23 | $2,411,718 |
Universal Waste Systems Inc Waste Services | 12/30/23 | $1,015,474 |
Accurate Heating And Air Conditioning Ll Hvac Repairs And Service | 12/30/23 | $611,386 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,313,709 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,636,958 |
| Noncash contributions included in lines 1a–1f | $106,350,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,950,667 |
| Total Program Service Revenue | $162,875,349 |
| Investment income | $1,391,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $37,453 |
| Net Gain/Loss on Asset Sales | $12,997 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,082,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,569,523 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,647,548 |
| Compensation of current officers, directors, key employees. | $1,310,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,500,801 |
| Pension plan accruals and contributions | $124,329 |
| Other employee benefits | $2,650,286 |
| Payroll taxes | $2,422,618 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $261,271 |
| Fees for services: Accounting | $182,182 |
| Fees for services: Lobbying | $14,266 |
| Fees for services: Fundraising | $317,464 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,163,087 |
| Advertising and promotion | $685,864 |
| Office expenses | $3,525,578 |
| Information technology | $2,760,270 |
| Royalties | $0 |
| Occupancy | $44,590,118 |
| Travel | $2,445,238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $202,207 |
| Interest | $2,805 |
| Payments to affiliates | $202,204 |
| Depreciation, depletion, and amortization | $3,046,884 |
| Insurance | $3,149,423 |
| All other expenses | $94,265 |
| Total functional expenses | $273,346,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,677,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$3,365,559 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $15,211,882 |
| Prepaid expenses and deferred charges | $5,079,232 |
| Net Land, buildings, and equipment | $20,936,742 |
| Investments—publicly traded securities | $30,405,488 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $96,353,825 |
| Total assets | $182,299,502 |
| Accounts payable and accrued expenses | $21,497,650 |
| 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 | $99,474,391 |
| Total liabilities | $120,972,041 |
| Net assets without donor restrictions | $54,426,383 |
| Net assets with donor restrictions | $6,901,078 |
| 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 | $182,299,502 |