Totals
- Total revenue
- $47,631,419
- Total expenses
- $48,703,765
- Contributions and grants received
- $17,385,386
- Grants paid
- $0
- Program service revenue
- $30,304,953
- Investment income
- -$58,920
- Other revenue
- $0
- Total assets, end of year
- $54,175,429
- Total liabilities, end of year
- $47,401,441
- Net assets or fund balances, end of year
- $6,773,988
- Program services expenses (Part IX)
- $43,994,858
- Management and general expenses
- $4,708,907
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $43,994,858
Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$17,385,386
-
1g · Noncash contributions included above
$17,377,316
-
2a · Program service revenue: SALE OF DONATED GOODS
total $28,368,509 · related or exempt $28,368,509
-
2b · Program service revenue: E-COMMERCE
total $1,190,423 · related or exempt $1,190,423
-
2c · Program service revenue: MISC INCOME
total $372,374 · related or exempt $372,374
-
2d · Program service revenue: TARGETED BUYS REVENUE
total $269,208 · related or exempt $269,208
-
2e · Program service revenue: JANITORIAL SERVICES REV
total $102,952 · related or exempt $102,952
-
2f · All other program service revenue
total $1,487 · related or exempt $1,487
-
7a · Gross sales of assets other than inventory
other assets $900,000
-
7b · Less cost or other basis and sales expenses
other assets $958,920
-
7c · Gain or loss
other assets -$58,920
-
7d · Net gain or loss
total -$58,920 · excluded -$58,920
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $391,889 · program services $352,700 · management and general $39,189
-
7 · Other salaries and wages
total $13,077,498 · program services $11,454,688 · management and general $1,622,810
-
9 · Other employee benefits
total $1,061,480 · program services $870,881 · management and general $190,599
-
10 · Payroll taxes
total $991,715 · program services $876,158 · management and general $115,557
-
11a · Fees: management
total $24,200 · management and general $24,200
-
11g · Fees: other
total $4,670,775 · program services $2,971,746 · management and general $1,699,029
-
12 · Advertising and promotion
total $181,627 · program services $32,074 · management and general $149,553
-
13 · Office expenses
total $1,141,754 · program services $923,142 · management and general $218,612
-
16 · Occupancy
total $6,429,340 · program services $6,340,933 · management and general $88,407
-
17 · Travel
total $314,733 · program services $213,540 · management and general $101,193
-
20 · Interest
total $370,359 · program services $332,981 · management and general $37,378
-
21 · Payments to affiliates
total $197,150 · management and general $197,150
-
22 · Depreciation, depletion and amortization
total $781,428 · program services $743,478 · management and general $37,950
-
23 · Insurance
total $561,187 · program services $497,817 · management and general $63,370
-
24a · Other expenses: DONATED GOODS SOLD
total $17,511,568 · program services $17,511,568
-
24b · Other expenses: BANK FEES
total $452,586 · program services $423,310 · management and general $29,276
-
24c · Other expenses: EQUIPMENT EXPENSE
total $143,195 · program services $126,007 · management and general $17,188
-
24d · Other expenses: WEBSITE FEE
total $118,851 · program services $118,851
-
24e · All other expenses
total $282,430 · program services $204,984 · management and general $77,446
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,543,128 · end of year $3,752,883
-
4 · Accounts receivable
beginning of year $113,393 · end of year $189,557
-
8 · Inventories for sale or use
beginning of year $2,015,821 · end of year $1,860,857
-
9 · Prepaid expenses and deferred charges
beginning of year $52,029 · end of year $31,233
-
10a · Land, buildings and equipment: cost or other basis
$16,561,612
-
10b · Land, buildings and equipment: accumulated depreciation
$7,744,315
-
10c · Land, buildings and equipment, net
beginning of year $7,123,971 · end of year $8,817,297
-
14 · Intangible assets
beginning of year $1,702,085 · end of year $1,702,085
-
15 · Other assets
beginning of year $40,088,700 · end of year $37,821,517
-
17 · Accounts payable and accrued expenses
beginning of year $1,794,603 · end of year $1,763,677
-
23 · Secured mortgages and notes payable
beginning of year $6,342,035 · end of year $7,343,048
-
25 · Other liabilities
beginning of year $40,338,139 · end of year $38,294,716
-
27 · Net assets without donor restrictions
beginning of year $7,164,350 · end of year $6,773,988
Mission and programs · 2023
Mission
TO CHANGE THE LIVES OF PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT THROUGH THE POWER OF WORK, EDUCATION, AND EMPOWERMENT.
Activities or mission (Part I)
COLLECTION AND RESALE OF DONATED GOODS TO THE PUBLIC
-
MEMPHIS GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN GOODWILL COMMUNITY-BASED RETAIL STORES. REVENUE FROM THE SALE OF THE DONATED GOODS GOES DIRECTLY TOWARD SUPPORTING GOODWILL'S MISSION OF CHANGING THE LIVES OF PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT THROUGH THE POWER OF WORK, EDUCATION AND EMPOWERMENT.
Expenses $43,994,858 · Revenue $30,304,953
As filed on the 2023 return.
Listed in Part VII
-
Tony MartiniTONY MARTINI
PRESIDENT/CEO
- Total calculated
- $405,933
- From this org
- $391,889
- From related orgs
- $0
- Other
- $14,044
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $391,889
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,044
- Filer's total
- $405,933
-
Brian WilliamsBRIAN WILLIAMS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Deacon Bill DavisDEACON BILL DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael RobilioMICHAEL ROBILIO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Macky SneedMACKY SNEED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Chad HarrellCHAD HARRELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Terry LandwehrTERRY LANDWEHR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brian MilesBRIAN MILES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brandon TolbertBRANDON TOLBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amy WeirichAMY WEIRICH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andy McClellandANDY MCCLELLAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Charles BarnesCHARLES BARNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tina L BlackmonTINA L BLACKMON
SR VP OF OPERATIONS
- Total calculated
- $242,014
- From this org
- $232,898
- From related orgs
- $0
- Other
- $9,116
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $232,898
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,116
- Filer's total
- $242,014
-
Ursula RomanURSULA ROMAN
VP OF MARKETING
- Total calculated
- $113,340
- From this org
- $106,176
- From related orgs
- $0
- Other
- $7,164
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 3 · Compensation committee
Answered no
- 2 · Substantiation required before reimbursing expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MEMPHIS GOODWILL INDUSTRIES INC
501(C)(3) · CREATES EMPLOYMENT AND JOB-TRAINING OPPORTUNITIES FOR DISABLED PEOPLE · TN
-
GOODWILL EXCEL CENTER MIDSOUTH INC
501(C)(3) · OPERATION OF CHARTER SCHOOL · TN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413169349304501
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