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Nonprofiteer
← GOODWILL INDUSTRIES OF ARKANSAS INC

Form 990 for tax year 2022

Filed by GOODWILL INDUSTRIES OF ARKANSAS INC.

Totals

Total revenue
$67,911,074
Total expenses
$70,853,541
Contributions and grants received
$65,689,583
Grants paid
$20,610,834
Program service revenue
$0
Investment income
$580,858
Other revenue
$1,640,633
Total assets, end of year
$79,373,261
Total liabilities, end of year
$25,504,767
Net assets or fund balances, end of year
$53,868,494
Program services expenses (Part IX)
$64,356,959
Management and general expenses
$6,143,042
Fundraising expenses
$353,540
Program service expenses (Part III)
$64,356,959

Program services were 90.8% 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.

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $300,000

  • 1e · Government grants (contributions)

    $1,073,539

  • 1f · All other contributions, gifts and grants

    $64,316,044

  • 1g · Noncash contributions included above

    $63,568,657

  • 3 · Investment income

    total $72,196 · excluded $72,196

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $780,396

  • 6c · Rental income or loss

    real property $780,396 · personal property $0

  • 6d · Net rental income or loss

    total $780,396 · excluded $780,396

  • 7a · Gross sales of assets other than inventory

    other assets $613,675

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

    other assets $105,013

  • 7c · Gain or loss

    other assets $508,662

  • 7d · Net gain or loss

    total $508,662 · excluded $508,662

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $63,178,430

  • 10b · Cost of goods sold

    $63,178,430

  • 11a · Other revenue: MANAGEMENT FEE INCOME

    total $721,671 · excluded $721,671

  • 11b · Other revenue: TUITION INCOME

    total $76,632 · excluded $76,632

  • 11c · Other revenue: WORKERS COMPENSATION REFUND

    total $35,857 · excluded $35,857

  • 11d · All other revenue

    total $26,077 · excluded $26,077

  • 11e · Other revenue, total

    $860,237

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,610,834 · program services $20,610,834

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $1,199,390 · management and general $1,199,390

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $27,011,936 · program services $24,049,908 · management and general $2,717,826 · fundraising $244,202

  • 8 · Pension plan contributions

    total $578,778 · program services $520,013 · management and general $58,765

  • 9 · Other employee benefits

    total $1,956,921 · program services $1,749,207 · management and general $197,674 · fundraising $10,040

  • 10 · Payroll taxes

    total $2,092,835 · program services $1,864,160 · management and general $210,665 · fundraising $18,010

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $84,032 · program services $75,500 · management and general $8,532

  • 11c · Fees: accounting

    total $110,900 · program services $99,640 · management and general $11,260

  • 11d · Fees: lobbying

    total $95,000 · program services $85,354 · management and general $9,646

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $808,211 · program services $713,425 · management and general $80,623 · fundraising $14,163

  • 12 · Advertising and promotion

    total $338,343 · program services $288,264 · management and general $32,576 · fundraising $17,503

  • 13 · Office expenses

    total $2,002,107 · program services $1,798,826 · management and general $203,281

  • 14 · Information technology

    total $366,537 · program services $329,321 · management and general $37,216

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $6,674,821 · program services $5,997,049 · management and general $677,713 · fundraising $59

  • 17 · Travel

    total $205,295 · program services $181,965 · management and general $20,563 · fundraising $2,767

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $48,515 · program services $43,589 · management and general $4,926

  • 20 · Interest

    total $15,173 · program services $13,632 · management and general $1,541

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $3,086,848 · program services $2,773,429 · management and general $313,419

  • 23 · Insurance

    total $764,283 · program services $686,683 · management and general $77,600

  • 24a · Other expenses: SUPPLIES

    total $1,401,491 · program services $1,255,164 · management and general $141,843 · fundraising $4,484

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $644,347 · program services $578,924 · management and general $65,423

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $315,019 · program services $283,034 · management and general $31,985

  • 24d · Other expenses: PROGRAM TRAINING

    total $158,747 · program services $142,629 · management and general $16,118

  • 24e · All other expenses

    total $283,178 · program services $216,409 · management and general $24,457 · fundraising $42,312

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,752,456 · end of year $1,666,985

  • 2 · Savings and temporary cash investments

    beginning of year $16,880,274 · end of year $12,337,444

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $126,582 · end of year $720,848

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $5,366,555 · end of year $5,762,082

  • 9 · Prepaid expenses and deferred charges

    beginning of year $480,925 · end of year $533,907

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

    $55,731,688

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

    $19,684,840

  • 10c · Land, buildings and equipment, net

    beginning of year $33,208,050 · end of year $36,046,848

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $650,000 · end of year $650,000

  • 15 · Other assets

    beginning of year $146,818 · end of year $21,655,147

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,282,416 · end of year $3,593,537

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $6,250 · end of year $36,250

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $512,033 · end of year $417,849

  • 25 · Other liabilities

    beginning of year $0 · end of year $21,457,131

  • 27 · Net assets without donor restrictions

    beginning of year $56,748,531 · end of year $53,806,064

  • 28 · Net assets with donor restrictions

    beginning of year $62,430 · end of year $62,430

Mission and programs · 2022

Mission

MISSION: CHANGING LIVES THROUGH EDUCATION, TRAINING AND EMPLOYMENT. VISION: PEOPLE IN THE COMMUNITIES WE SERVE WILL HAVE IMPROVED SKILLS THAT PROVIDE LONG-TERM EMPLOYMENT AND A BETTER STANDARD OF LIVING.

Activities or mission (Part I)

CHANGING LIVES THROUGH EDUCATION,TRAINING AND EMPLOYMENT.

  • GOODWILL'S MISSION IS SUPPORTED PRIMARILY BY REVENUE FROM THE SALE OF DONATED GOODS IN 35 ARKANSAS LOCATIONS. THIRTY-TWO LOCATIONS HAVE ONSITE CAREER SPECIALISTS WHO HELP JOB SEEKERS FIND THEIR NEXT GREAT JOB AND HELP EMPLOYERS FILL HIRING NEEDS. GOODWILL HELPS PEOPLE WITH DISABILITIES AND DISADVANTAGES SECURE PART-TIME OR FULL-TIME EMPLOYMENT WITH EARNINGS AT OR ABOVE MINIMUM WAGE. THE AVERAGE WAGE FOR PEOPLE PLACED IN JOBS IN FY 2023 IS $14.08. GOODWILL IS CARF-ACCREDITED AND OFFERS PROGRAMS RANGING FROM SKILLS TRAINING TO REENTRY AND SUPPORT SERVICES FOR JOB SEEKERS. OUR PROGRAMS CHANGE THE LIVES OF THOUSANDS OF ARKANSANS EACH YEAR. GOODWILL OPERATES THE EXCEL CENTER, A HIGH SCHOOL FOR ADULTS LOOKING TO EARN AN ACCREDITED HIGH SCHOOL DIPLOMA, AND A TRADE SCHOOL THAT OFFERS TRAINING TO THE PUBLIC FOR IN-DEMAND, INDUSTRY-RECOGNIZED CERTIFICATIONS.

    Expenses $59,346,257 · Grants $20,610,834

  • GOODWILL SERVED 6,345 PEOPLE AND PLACED 493 PEOPLE IN EMPLOYMENT. OUR CAREER SERVICES PROGRAM OFFERS FREE ASSISTANCE TO HELP BUILD PROMISING FUTURES. SERVICES ARE AVAILABLE IN PERSON OR THROUGH OUR CAREER PORTAL. GOODWILL HAS HELPED THOUSANDS OF ARKANSANS FIND JOBS. OUR SERVICES INCLUDE CAREER ASSESSMENT, CAREER COUNSELING AND COACHING, CAREER READINESS CERTIFICATION, INTERVIEW PREPARATION, JOB READINESS TRAINING, JOB SEARCH ASSISTANCE, RESUME ASSISTANCE, DISABILITY SUPPORT SERVICES FOR EMPLOYEES, BOOKS FOR KIDS PROGRAM, AND COMMUNITY RESOURCE CONNECTIONS.

    Expenses $2,892,615

  • THE TRANSITIONAL EMPLOYMENT OPPORTUNITY (TEO) PROGRAM OFFERS JOB READINESS TRAINING AND JOB PLACEMENT SERVICES TO INDIVIDUALS REENTERING THE WORKFORCE AND COMMUNITY AFTER BEING JUSTICE-INVOLVED. OUR STAFF UNDERSTANDS THE CHALLENGES THESE INDIVIDUALS FACE AND OFFERS A SUPPORTIVE ENVIRONMENT. THE TEO PROGRAM IS A 16-WEEK PAID JOB TRAINING PROGRAM THAT INCLUDES JOB SEARCH ASSISTANCE AND LEADS, JOB READINESS SKILLS, CAREER READINESS CERTIFICATION, RESUME BUILDING, ACCESS TO COMMUNITY SUPPORT SERVICES, AND DURABLE SKILLS TRAINING.

    Expenses $1,071,682

  • THE ACADEMY AT GOODWILL, LICENSED BY THE

    Expenses $1,046,405

  • ARKANSAS STATE BOARD OF PRIVATE CAREER

  • EDUCATION, PROVIDES TRAINING NEEDED TO

  • SECURE NEW EMPLOYMENT AND CAREER

  • ADVANCEMENT. EACH PROGRAM OFFERS

  • OPPORTUNITIES FOR NON-TRADITIONAL

  • STUDENTS TO EARN INDUSTRY-RECOGNIZED

  • CREDENTIALS THAT LEAD TO EMPLOYMENT

  • IN JOBS THAT PAY A LIVING WAGE. WE OFFER

  • ACCELERATED AND AFFORDABLE PROGRAMS

  • IN A VARIETY OF FIELDS. SCHOLARSHIPS ARE

  • AVAILABLE TO INDIVIDUALS WHO MEET

  • CERTAIN REQUIREMENTS. IN FY 2023,

  • STUDENTS OF THE ACADEMY AT GOODWILL

  • EARNED 2,524 CERTIFICATIONS OR

  • CREDENTIALS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian F Marsh

    PRESIDENT AND CEO

    Total calculated
    $504,116
    From this org
    $464,043
    From related orgs
    $0
    Other
    $40,073
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $359,223
    Bonus
    $100,000
    Other
    $4,820
    Deferred
    $18,300
    Nontaxable benefits
    $21,773
    Filer's total
    $504,116

  • Sylvia Murchison

    SR. VICE PRESIDENT & CFO

    Total calculated
    $263,176
    From this org
    $236,640
    From related orgs
    $0
    Other
    $26,536
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $201,647
    Bonus
    $30,600
    Other
    $4,393
    Deferred
    $14,246
    Nontaxable benefits
    $12,290
    Filer's total
    $263,176

  • Trent Wunstel

    SR. VICE PRESIDENT & COO

    Total calculated
    $195,950
    From this org
    $185,373
    From related orgs
    $0
    Other
    $10,577
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $155,612
    Bonus
    $9,606
    Other
    $20,155
    Deferred
    $0
    Nontaxable benefits
    $10,577
    Filer's total
    $195,950

  • Chad Albaugh

    VICE PRESIDENT, DONATED GOODS

    Total calculated
    $190,746
    From this org
    $164,350
    From related orgs
    $0
    Other
    $26,396
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $140,973
    Bonus
    $22,226
    Other
    $1,151
    Deferred
    $10,347
    Nontaxable benefits
    $16,049
    Filer's total
    $190,746

  • Lenesha Jones

    SR. VICE PRESIDENT OF HR & CPO

    Total calculated
    $136,348
    From this org
    $126,742
    From related orgs
    $0
    Other
    $9,606
    Hours/week
    50

  • Kristen Quandah

    VP OF FINANCE

    Total calculated
    $136,230
    From this org
    $119,357
    From related orgs
    $0
    Other
    $16,873
    Hours/week
    50

  • Markous Jewett

    SR. VICE PRESIDENT & CMO

    Total calculated
    $111,229
    From this org
    $100,474
    From related orgs
    $0
    Other
    $10,755
    Hours/week
    25 + 25 related

  • Shannon Boshears

    SR. VICE PRES OF DEVELOPMENT

    Total calculated
    $109,080
    From this org
    $100,836
    From related orgs
    $0
    Other
    $8,244
    Hours/week
    50

  • Troy Wells

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Miguel Lopez

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Chuck Welch

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jay Meador

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Brad Walker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carrie Harper Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Amsler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Danny Games

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Denise Luft

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Douglas Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Small

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Fred Perkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jay Stanley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark McClelland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mitch Chandler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Pat Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Ted Darragh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

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 · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A
TAXABLE HOLIDAY GIFT FOR ALL ELIGIBLE EMPLOYEES. TAXABLE TRANSPORTATION FRINGE BENEFITS FOR BRIAN MARSH, SYLVIA MURCHISON, TRENT WUNSTEL, MARKOUS JEWETT, AND CHAD ALBAUGH THAT INCLUDE VEHICLE ALLOWANCE OR PERSONAL MILEAGE OF COMPANY-OWNED VEHICLE. PAYMENT IS INCLUDED IN TAXABLE COMPENSATION.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202441359349311894

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