Form 990 for tax year 2023
Filed by GOODWILL INDUSTRIES OF FORT WORTH INC.
Totals
- Total revenue
- $52,314,043
- Total expenses
- $52,800,387
- Contributions and grants received
- $21,725,681
- Grants paid
- $0
- Program service revenue
- $7,246,693
- Investment income
- $185,346
- Other revenue
- $23,156,323
- Total assets, end of year
- $67,797,913
- Total liabilities, end of year
- $43,649,322
- Net assets or fund balances, end of year
- $24,148,591
- Program services expenses (Part IX)
- $48,628,316
- Management and general expenses
- $4,172,071
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $48,628,316
Program services were 92.1% 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
$21,725,681
-
1g · Noncash contributions included above
$21,190,018
-
2a · Program service revenue: INDUSTRIAL CONTRACTS
total $5,264,855 · related or exempt $5,264,855
-
2b · Program service revenue: FEES FROM GOVERNMENTAL AGENCIES
total $1,981,838 · related or exempt $1,981,838
-
3 · Investment income
total $180,196 · excluded $180,196
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $12,400 · excluded $12,400
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
other assets $5,150
-
7c · Gain or loss
other assets $5,150
-
7d · Net gain or loss
total $5,150 · excluded $5,150
-
8a · Fundraising events: gross income
$340,313
-
8b · Fundraising events: direct expenses
$230,194
-
8c · Net income from fundraising events
total $110,119 · excluded $110,119
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$23,962,039
-
10b · Cost of goods sold
$1,686,384
-
10c · Net income from sales of inventory
total $22,275,655 · related or exempt $22,275,655
-
11a · Other revenue: OTHER INCOME
total $758,149 · excluded $758,149
-
11e · Other revenue, total
$758,149
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
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 $1,147,864 · program services $1,033,142 · management and general $114,722
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $27,707,306 · program services $24,938,120 · management and general $2,769,186
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $2,891,063 · program services $2,584,930 · management and general $306,133
-
10 · Payroll taxes
total $2,292,421 · program services $2,111,104 · management and general $181,317
-
11a · Fees: management
total $883,914 · program services $571,327 · management and general $312,587
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $497,506 · program services $441,461 · management and general $56,045
-
13 · Office expenses
total $1,909,879 · program services $1,835,552 · management and general $74,327
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $7,248,726 · program services $7,011,333 · management and general $237,393
-
17 · Travel
total $772,203 · program services $760,142 · management and general $12,061
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $195,027 · program services $113,823 · management and general $81,204
-
20 · Interest
total $556,537 · program services $564,397 · management and general -$7,860
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,696,398 · program services $2,939,698 · management and general -$243,300
-
23 · Insurance
total $0
-
24a · Other expenses: TRASH REMOVAL
total $1,347,240 · program services $1,347,240
-
24b · Other expenses: BANK CHARGES
total $837,381 · program services $849,208 · management and general -$11,827
-
24c · Other expenses: BUILDING REPAIRS & MAINENANCE
total $772,344 · program services $747,050 · management and general $25,294
-
24d · Other expenses: EQUIPMENT RENTAL
total $354,522 · program services $346,938 · management and general $7,584
-
24e · All other expenses
total $690,056 · program services $432,851 · management and general $257,205
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,359,170 · end of year $11,653,993
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $375,000 · end of year $0
-
4 · Accounts receivable
beginning of year $1,282,684 · end of year $1,714,390
-
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 $6,563,500 · end of year $6,563,500
-
8 · Inventories for sale or use
beginning of year $2,908,901 · end of year $3,398,553
-
9 · Prepaid expenses and deferred charges
beginning of year $529,271 · end of year $1,056,515
-
10a · Land, buildings and equipment: cost or other basis
$64,049,907
-
10b · Land, buildings and equipment: accumulated depreciation
$34,354,378
-
10c · Land, buildings and equipment, net
beginning of year $29,800,250 · end of year $29,695,529
-
11 · Investments: publicly traded securities
beginning of year $250,000 · end of year $250,000
-
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 $0 · end of year $0
-
15 · Other assets
beginning of year $14,391,636 · end of year $13,465,433
-
17 · Accounts payable and accrued expenses
beginning of year $3,417,784 · end of year $3,228,296
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $3,163 · end of year $5,830
-
20 · Tax-exempt bond liabilities
beginning of year $8,469,030 · end of year $7,444,022
-
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 $3,197,463 · end of year $2,969,753
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $29,868,923 · end of year $30,001,421
-
27 · Net assets without donor restrictions
beginning of year $24,504,049 · end of year $24,148,591
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
GOODWILL INDUSTRIES OF FORT WORTH PROVIDES 23 ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE PROGRAMS TO TEACH, TRAIN, EMPLOY, AND EMPOWER PEOPLE WITH DISABILITIES, PEOPLE WITH DISADVANTAGES INCLUDING POVERTY AND LACK OF EDUCATION, OUR VETERANS, FORMERLY INCARCERATED INDIVIDUALS, THE HOMELESS AND AT-RISK YOUTH. WITH OVER 300 FORMAL PARTNERSHIPS WITH FOR-PROFIT, NOT-FOR-PROFIT, AND GOVERNMENTAL ORGANIZATIONS, GOODWILL SERVES THE LOCAL NORTH TEXAS COMMUNITY THROUGH 25 RETAIL STORES AND 18 ATTENDED DONATION CENTERS, PROVIDING JOB RESOURCE CENTERS IN 3 COUNTIES, AND EMPLOYMENT SERVICES IN 6 COUNTIES. GOODWILL WORKS DILIGENTLY WITH THOSE WHO HAVE DIFFICULTY ACHIEVING SUCCESS IN THE TRADITIONAL WORK ENVIRONMENT. AS OUR AREA'S LARGEST EMPLOYER OF PEOPLE WITH DISABILITIES AND DISADVANTAGES, GOODWILL OFFERS EMPLOYMENT AT AREA RETAIL STORES, PROVIDING SPECIALIZED JOB TRAINING AND CAREER DEVELOPMENT SKILLS TO CULTIVATE EACH EMPLOYEE.
Activities or mission (Part I)
THE PURPOSE OF GOODWILL IS TO provide economically and environmentally sustainable programs to teach, train, employ, and empower people with disabilities and disadvantages.
-
Industrial Contracts & Retail Stores: As our areas largest employer of people with disabilities and disadvantages, Goodwill offers employment at area retail stores to sheltered and other persons with disabilities, providing specialized job training and career development skills to cultivate each employee. Contracts with the Bureau of Engraving and Printing, Army Reserve and the Federal Center employ individuals with disabilities, turning lives of dependence into lives of independence.
Expenses $38,690,080 · Revenue $29,522,348
-
Rehabilitation: Goodwills programs and services include vocational and rehabilitation services to people with disabilities and disadvantages, such as: Work Adjustment Training (WAT) - Paid work experience for those with barriers to employment; Work Experience Program (WEP); Vocational Adjustment Training (VAT); Vocational Evaluation; Supported Employment; Camp Independence - Summer camp for transitional students; Summer Earn & Learn - Paid work experience and soft skills training for students with disabilities; and Project SEARCH Real life work experience for youth with disabilities.
Expenses $6,572,603
-
Housing & Occupancy: Goodwill provides facilities for sheltered and other persons with disabilities to learn job skills and prepare to be productive, including: S.T.A.R.S. - Unique life skills program for adults with significant or multiple disabilities; Job Resource Centers - Free computer access and job skills training and placement assistance at five locations; Goodwill Staffing Services - Temporary employment service for individuals with barriers to employment; Adult Literacy classes; North Texas Institute for Career Development (NTI) Provides courses in Hospitality, CDL and Online IT: A+ Certification and Online Certified Medical Administrative Assistant; GoodwillWorks Employment services for the homeless; E2 - High school equivalency preparation and paid work experience for 16-24 year olds; and VetWorthy Employment services for military vets and their families.
Expenses $2,639,197
-
Community Relations
Expenses $726,436
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David Cox
President/CEO
- Total calculated
- $634,301
- From this org
- $570,666
- From related orgs
- $0
- Other
- $63,635
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $570,475
- Bonus
- not reported
- Other
- $191
- Deferred
- $11,891
- Nontaxable benefits
- $51,744
- Filer's total
- $634,301
-
Elizabeth Butler-Murphy
VP - HUMAN RESOURCES
- Total calculated
- $271,091
- From this org
- $249,571
- From related orgs
- $0
- Other
- $21,520
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $248,516
- Bonus
- not reported
- Other
- $1,055
- Deferred
- $4,893
- Nontaxable benefits
- $16,627
- Filer's total
- $271,091
-
Kimberly Haro
CFO
- Total calculated
- $268,779
- From this org
- $261,463
- From related orgs
- $0
- Other
- $7,316
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $261,388
- Bonus
- not reported
- Other
- $75
- Deferred
- $4,816
- Nontaxable benefits
- $2,500
- Filer's total
- $268,779
-
Mark Fishback
VP - OPERATIONS
- Total calculated
- $242,472
- From this org
- $222,771
- From related orgs
- $0
- Other
- $19,701
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $222,156
- Bonus
- not reported
- Other
- $615
- Deferred
- $4,509
- Nontaxable benefits
- $15,192
- Filer's total
- $242,472
-
Rosemary CruzROSEMARY CRUZ
VP - Donated Goods/Retail
- Total calculated
- $229,669
- From this org
- $207,128
- From related orgs
- $0
- Other
- $22,541
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,937
- Bonus
- not reported
- Other
- $191
- Deferred
- $4,275
- Nontaxable benefits
- $18,266
- Filer's total
- $229,669
-
Romney Guy
VP - Mission Services
- Total calculated
- $203,675
- From this org
- $182,764
- From related orgs
- $0
- Other
- $20,911
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $182,407
- Bonus
- not reported
- Other
- $357
- Deferred
- $3,759
- Nontaxable benefits
- $17,152
- Filer's total
- $203,675
-
Kimberly SmithKIMBERLY SMITH
VP - GSS/FBC
- Total calculated
- $199,891
- From this org
- $180,568
- From related orgs
- $0
- Other
- $19,323
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,020
- Bonus
- not reported
- Other
- $548
- Deferred
- $3,057
- Nontaxable benefits
- $16,266
- Filer's total
- $199,891
-
Mike HennigMIKE HENNIG
VP - Information Systems
- Total calculated
- $194,138
- From this org
- $175,801
- From related orgs
- $0
- Other
- $18,337
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,253
- Bonus
- not reported
- Other
- $548
- Deferred
- $3,564
- Nontaxable benefits
- $14,773
- Filer's total
- $194,138
-
Shanika Johnson
VP - Community Engagement
- Total calculated
- $162,737
- From this org
- $158,319
- From related orgs
- $0
- Other
- $4,418
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,236
- Bonus
- not reported
- Other
- $83
- Deferred
- $2,402
- Nontaxable benefits
- $2,016
- Filer's total
- $162,737
-
Roger YandellROGER YANDELL
Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
frank shiels
Member
- Total calculated
- $0
- Hours/week
- 1
-
charla k wise
member
- Total calculated
- $0
- Hours/week
- 1
-
mary anna martinez
member
- Total calculated
- $0
- Hours/week
- 1
-
Pat McDowell
member
- Total calculated
- $0
- Hours/week
- 1
-
b frank cain
Member
- Total calculated
- $0
- Hours/week
- 1
-
Surnedra Simmons
Member
- Total calculated
- $0
- Hours/week
- 1
-
Kip Adams
Member
- Total calculated
- $0
- Hours/week
- 1
-
Dianne Hawkins
Member
- Total calculated
- $0
- Hours/week
- 1
-
Randall Morgan
Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael W Johnston
Member
- Total calculated
- $0
- Hours/week
- 1
-
Mike Griffin
Member
- Total calculated
- $0
- Hours/week
- 1
-
Monica Luera
Member
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Hall
member
- Total calculated
- $0
- Hours/week
- 1
-
John BoswellJOHN BOSWELL
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patrick d Gotcher
Chair Elect
- Total calculated
- $0
- Hours/week
- 1
-
Pamela voight
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Jeremiah Thompson
Secretary
- Total calculated
- $0
- Hours/week
- 1
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
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 7
- Annual bonus determined by Board of Directors.
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.
-
Goodwill Industrial Services of FW Inc
501(C)(3) · Employment · TX
Directly controlled by NA
-
Goodwill Industries FW Foundation Inc
501(C)(3) · Support · TX
Directly controlled by NA
-
501(C)(3) · Support · TX
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 April 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349307701
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