Overview
What is Good Will Home Association?
Good Will Home Association is a nonprofit organization situated in Hinckley, Maine. With a commitment to serving underprivileged youth, they offer both residential and educational services to individuals between the ages of 5 and 26. Their mission is to provide a nurturing environment, educational opportunities, and support to those in need. This includes operating a school specifically designed for needy children, ranging from elementary to young adulthood. The association, known as Good Will-Hinckley, employs a team of 98 dedicated individuals who work tirelessly to improve the lives of the communities they serve.
Official website here: www.gwh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
Good Will Home Association has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's score is derived entirely from its Accountability & Finance metrics, showcasing a commitment to transparency and effective management of resources. With a significant emphasis on maintaining a majority independent board and robust financial oversight, the organization demonstrates strong governance practices.
The organization excels in several key areas, including having a fully independent board and a solid program expense ratio of 76.78%. This suggests that a large portion of its budget is directed towards its programs, rather than administrative costs. Additionally, Good Will Home Association has implemented thorough policies regarding conflict of interest, whistleblower protections, and document retention, highlighting its dedication to ethical operations.
While the organization shows no material diversion of assets and maintains a favorable liabilities to assets ratio of just 4.13%, there are no noted limitations in the data. Overall, the strong financial and governance practices of Good Will Home Association position it as a responsible and effective nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Good Will Home Association legitimate?
Good Will Home Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Will Home Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $298,972
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,199,919
For more financial information, click here
Official website here: www.gwh.org
What is the mission statement of Good Will Home Association?
The Good Will Home Association's mission is to offer a conducive living environment, educational opportunities, and support to youth, families, and communities in need. This non-profit organization aims to extend a helping hand to those who are less fortunate, catering to individuals aged between 11 and 21. Beyond providing residential services, they also extend their reach to youths as young as 5 years old, ensuring comprehensive care and aid.
Official website here: www.gwh.org
Who is the CEO of Good Will Home Association?
Gary Dugal is the Principal Officer of Good Will Home Association.
Official website here: www.gwh.org
What is the revenue of Good Will Home Association?
Good Will Home Association's revenue in 2022 was $7,070,394.
Official website here: www.gwh.org
Who are the executives of Good Will Home Association and what are their salaries?
The average compensation at Good Will Home Association during 2022 was $35,703. There are 98 employees and 18 volunteers at Good Will Home Association.
Here are 20 key members and their salaries:
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- Compensation: $163,484
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- Compensation: $100,508
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- Other: $9,975
Official website here: www.gwh.org
Where can I find the form 990 for Good Will Home Association?
Good Will Home Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gwh.org
Learn more at the official website: www.gwh.org
Mission Statement of Good Will Home Association
Good Will Home Association is committed to serving the needs of youth, families, and communities in distress. Their mission, in simple terms, is to offer a conducive living environment, educational opportunities, and supportive services to those who require assistance. Specifically, this nonprofit organization focuses on children between the ages of 11 and 21, providing them with the necessary resources to overcome their challenges and thrive. By offering residential and educational services, Good Will Home Association aims to empower these individuals and contribute positively to the communities they serve.
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Impact
July, 2024
Good Will Home Association provides crucial residential and educational services to youth in need, ranging in age from 11 to 21. Their impact is significant, as they offer a supportive environment and educational opportunities to help these individuals thrive. By providing a home and essential services, Good Will Home Association makes a positive difference in the lives of youth, families, and communities in need of support.
This information is meant to be a general summary of Good Will Home Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $367,059
- Program Service Revenue: $4,111,053
- Gross Receipts: $7,071,080
Assets and Liabilities:
- Total Assets: $24,700,372
- Total Liabilities: $1,296,853
- Net Assets: $23,403,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Care/Treatment/Tuition
Revenue
$3,551,834
Other Income
Revenue
$557,300
Museum
Revenue
$1,919
Organization Details
Founding Year
1889
Phone
(207) 238-4000Principal Officer
Gary Dugal
Main Address
PO Box 159, Hinckley, ME, 04944
Website
www.gwh.orgNTEE Category
Code: P730 - Human services
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