Goodwill Industries Of San Diego County
- Assets
- $131.1m
- Revenue
- $78.9m
- Investments
- $0.0
- Employees
- 1,570
- Location
- San Diego, CA
- Founding
- 02/1958
- Data as of
- 12/2022
- EIN
- 95-1652910
Organization Overview
Goodwill Industries Of San Diego County is located in San Diego, CA. The organization was established in 1958. 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 San Diego County employed 1,570 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of San Diego County 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 San Diego County generated $78.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $65.1m during the year ending 12/2022. While expenses have increased by 3.0% per year over the past 7 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
TO PROVIDE EMPLOYMENT AND TRAINING OPPORTUNITIES TO PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR USED GOODS OPERATIONS PROVIDED JOBS AND TRAINING OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT IN OUR RETAIL STORES, DONATION CENTERS AND THROUGH THE PROCESSING OF DONATIONS. WE PROCESSED 1,258,198 DONATIONS AND PROVIDED OVERALL EMPLOYMENT TO 1,570 INDIVIDUALS APPROXIMATELY 50% OF WHOM HAVE A DISABILITY OR OTHER BARRIER TO EMPLOYMENT.
OUR MISSION SERVICES DIVISION PROVIDED A VARIETY OF EMPLOYMENT AND TRAINING SERVICES TO THE SAN DIEGO COUNTY COMMUNITY. WE OPERATE CUSTOMIZED EMPLOYMENT SERVICES WHICH PROVIDE VOCATIONAL ASSESSMENT, SKILLS TRAINING AND PLACEMENT SERVICES TO INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT INCLUDING MILITARY VETERANS, YOUNG ADULTS, DEPARTMENT OF REHABILITATION CLIENTS AND SOCIAL SECURITY RECIPIENTS. WE OPERATE SUPPORTED EMPLOYMENT SERVICES WHICH PROVIDE VOCATIONAL ASSESSMENT, SKILLS TRAINING AND PLACEMENT SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. WE OPERATE COMMUNITY EMPLOYMENT CENTERS WHICH PROVIDE FREE VOCATIONAL ASSESSMENT, SKILLS TRAINING AND PLACEMENT SERVICES TO ANYONE IN THE SAN DIEGO COUNTY COMMUNITY WHO WALKS IN WANTING SUPPORT. WE PROVIDE LEARNING AND DEVELOPMENT.
IN DECEMBER 2018 AND 2020, GOODWILL INDUSTRIES OF SAN DIEGO COUNTY ENTERED INTO A NEW MARKETS TAX CREDIT (NMTC) FINANCING AGREEMENT WITH VARIOUS ENTITIES FOR THE PURPOSES OF RECEIVING FINANCING FOR THE ACQUISITION, REFINANCE AND IMPROVEMENTS OF IDENTIFIED REAL ESTATE AND THE ACQUISITION AND INSTALLATION OF ROOFTOP SOLAR SYSTEMS ON VARIOUS PROJECTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Russell Chair | OfficerTrustee | 1 | $0 |
Sam Patella First Vice Chair | OfficerTrustee | 1 | $0 |
James Torti Second Vice Chair | OfficerTrustee | 1 | $0 |
Karen Tanner Secretary | OfficerTrustee | 1 | $0 |
James Waters Treasurer | OfficerTrustee | 1 | $0 |
Jean Roesch Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Penske Truck Leasing Co Vehicle Maintenance & Leasing | 12/30/16 | $978,173 |
La Machado Family Trust Property Lease | 12/30/16 | $267,434 |
Sunburst Capital Llc Property Lease | 12/30/16 | $235,049 |
Nmc Washington Llc Property Lease | 12/30/16 | $212,863 |
Mission Douglas Investments Property Lease | 12/30/16 | $208,362 |
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 | $55,437,653 |
| Noncash contributions included in lines 1a–1f | $54,904,581 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,437,653 |
| Total Program Service Revenue | $3,064,362 |
| Investment income | $815,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $418,968 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $19,177,101 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,913,150 |
| 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. | $666,075 |
| Compensation of current officers, directors, key employees. | $42,331 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,237,395 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,687,420 |
| Payroll taxes | $3,712,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,828 |
| Fees for services: Accounting | $61,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,931,427 |
| Advertising and promotion | $701,788 |
| Office expenses | $3,181,987 |
| Information technology | $598,280 |
| Royalties | $0 |
| Occupancy | $6,826,940 |
| Travel | $2,538,419 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,184 |
| Interest | $206,101 |
| Payments to affiliates | $216,844 |
| Depreciation, depletion, and amortization | $2,795,803 |
| Insurance | $531,400 |
| All other expenses | $134,780 |
| Total functional expenses | $65,098,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,661,762 |
| Savings and temporary cash investments | $65,492 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $401,821 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,627,841 |
| Prepaid expenses and deferred charges | $112,919 |
| Net Land, buildings, and equipment | $50,115,418 |
| Investments—publicly traded securities | $53,575,209 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,516,708 |
| Total assets | $131,077,170 |
| Accounts payable and accrued expenses | $6,583,541 |
| Grants payable | $0 |
| Deferred revenue | $8,360 |
| 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 | $21,063,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,494,457 |
| Total liabilities | $39,149,358 |
| Net assets without donor restrictions | $91,927,812 |
| 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 | $131,077,170 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of San Diego County has awarded $18,937 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GOODWILL INDUSTRIES BIG BEND INC PURPOSE: TO ASSIST WITH HURRICANE RELIEF | $10,000 |
GOODWILL INDUSTRIES OF SACRAMENTO VALLEY & NORTHERN NEVADA INC PURPOSE: TO ASSIST WITH FIRE RELIEF | $8,937 |