Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $102,095,688

• 1g · Noncash contributions included above

  $101,451,594

• 2a · Program service revenue: GOVERNMENTAL REVENUE

  total $640,633 · related or exempt $640,633

• 2b · Program service revenue: VOCATIONAL REHAB

  total $359,550 · related or exempt $359,550

• 2c · Program service revenue: MANAGEMENT FEES

  total $48,000 · related or exempt $48,000

• 2d · Program service revenue: RENT REVENUE

  total $21,480 · related or exempt $21,480

• 2f · All other program service revenue

  total $285,022 · related or exempt $285,022

• 3 · Investment income

  total $507,931 · excluded $507,931

• 7a · Gross sales of assets other than inventory

  other assets $3,829,000

• 7b · Less cost or other basis and sales expenses

  other assets $2,628,196

• 7c · Gain or loss

  other assets $1,200,804

• 7d · Net gain or loss

  total $1,200,804 · excluded $1,200,804

• 10a · Gross sales of inventory

  $100,774,179

• 10b · Cost of goods sold

  $100,785,343

• 10c · Net income from sales of inventory

  total -$11,164 · related or exempt -$11,164

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,612,420 · program services $971,985 · management and general $640,435

• 7 · Other salaries and wages

  total $43,884,853 · program services $40,888,870 · management and general $2,995,983

• 9 · Other employee benefits

  total $4,180,234 · program services $3,877,591 · management and general $302,643

• 10 · Payroll taxes

  total $3,171,756 · program services $2,939,071 · management and general $232,685

• 11b · Fees: legal

  total $18,223 · program services $13,696 · management and general $4,527

• 11c · Fees: accounting

  total $85,025 · management and general $85,025

• 11f · Fees: investment management

  total $56,635 · management and general $56,635

• 11g · Fees: other

  total $1,211,778 · program services $330,872 · management and general $880,906

• 12 · Advertising and promotion

  total $461,041 · program services $93,521 · management and general $367,520

• 13 · Office expenses

  total $67,072 · program services $53,322 · management and general $13,750

• 16 · Occupancy

  total $13,156,090 · program services $12,964,698 · management and general $191,392

• 17 · Travel

  total $240,891 · program services $157,813 · management and general $83,078

• 22 · Depreciation, depletion and amortization

  total $5,271,100 · program services $5,001,390 · management and general $269,710

• 24a · Other expenses: SUPPLIES

  total $2,453,695 · program services $1,986,785 · management and general $466,910

• 24b · Other expenses: CREDIT CARDS FEES

  total $1,662,451 · program services $1,662,451 · management and general $0

• 24c · Other expenses: AUTO & TRUCK

  total $1,381,857 · program services $1,265,864 · management and general $115,993

• 24d · Other expenses: REPAIRS & MAINTENANCE

  total $475,810 · program services $385,601 · management and general $90,209

• 24e · All other expenses

  total $1,157,696 · program services $445,151 · management and general $712,545

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $31,126,940 · end of year $45,142,995

• 4 · Accounts receivable

  beginning of year $82,852 · end of year $128,928

• 7 · Other notes and loans receivable

  beginning of year $4,428,000 · end of year $4,428,000

• 8 · Inventories for sale or use

  beginning of year $1,510,990 · end of year $2,177,241

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,534,788 · end of year $5,569,115

• 10a · Land, buildings and equipment: cost or other basis

  $103,420,753

• 10b · Land, buildings and equipment: accumulated depreciation

  $36,488,059

• 10c · Land, buildings and equipment, net

  beginning of year $70,705,274 · end of year $66,932,694

• 12 · Investments: other securities

  beginning of year $16,349,207 · end of year $15,123,146

• 15 · Other assets

  beginning of year $41,549,839 · end of year $39,892,594

• 17 · Accounts payable and accrued expenses

  beginning of year $276,502 · end of year $708,885

• 19 · Deferred revenue

  beginning of year $559,082 · end of year $62,434

• 20 · Tax-exempt bond liabilities

  beginning of year $34,015,411 · end of year $23,614,915

• 25 · Other liabilities

  beginning of year $49,688,325 · end of year $48,204,913

• 27 · Net assets without donor restrictions

  beginning of year $83,748,570 · end of year $106,803,566

The filer's explanations (Part III)

PART I, LINE 5:

BONUSES FOR RETAIL STAFF ARE BASED ON LOCATION PERFORMANCE OVER BUDGETED REVENUE.

PART I, LINE 7:

BONUSES FOR NON-RETAIL STAFF ARE BASED ON THE CEO'S SUBJECTIVE EVALUATION OF THEIR PERFORMANCE. BONUSES FOR THE CEO ARE BASED ON THE BOARD OF DIRECTORS' SUBJECTIVE EVALUATION OF HIS PERFORMANCE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• GOODWILL REAL ESTATE LLC

  TO HOLD REAL ESTATE · FL · income $1,258,066 · assets $65,130,827

  Directly controlled by GOODWILL INDUSTRIES OF CENTRAL FLORIDA INC