Overview
What is Goodwill Works Foundation Inc?
Goodwill Works Foundation Inc, based in Macon, Georgia, primarily serves to strengthen Goodwill Industries of Middle Georgia and the CSRA's capacity to combat poverty within their communities. Their mission revolves around supporting the unemployed and underemployed individuals by offering academic, work, and career development services, ultimately enabling them to secure meaningful employment and achieve economic independence. The foundation also assists in fundraising, grant writing, and annual campaigns, aiming to acquire capital resources and ensure the success of Goodwill Industries' mission.
Official website here: www.goodwillworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Goodwill Works Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. With a high Accountability & Finance score of 90 and a solid Culture & Community score of 89, the organization demonstrates effective governance practices and community engagement. This high rating is supported by outstanding evaluations in areas like financial statements and oversight, indicating robust management of resources.
The organization excels in its financial ratios, boasting a program expense ratio of 91.98%, which suggests that a significant portion of its funds are directed toward its programs rather than administrative costs. Additionally, it has a strong fundraising efficiency ratio, indicating that it effectively raises funds with minimal costs, which is a positive sign for potential donors regarding the impact of their contributions.
While the overall feedback is positive, the specific areas of improvement are not highlighted in the available data. However, the absence of reported material diversion of assets and loans to/from officers suggests a stable and well-managed organization that prioritizes its mission and community support.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Works Foundation Inc legitimate?
Goodwill Works Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Works Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.goodwillworks.org
What is the mission statement of Goodwill Works Foundation Inc?
The Goodwill Works Foundation Inc was established to support the mission of Goodwill Industries of Middle Georgia, Inc. (GIMG). Its primary role involves managing capital resources, such as real estate, for GIMG. The foundation leads annual fundraising campaigns and assists individuals with planned giving, estate bequests, and institutional advancement campaigns. Moreover, it prepares and submits grant requests on behalf of GIMG and raises funds for programs that aid individuals with employment barriers, enabling them to achieve economic independence and a substantial portion of the American Dream.
Official website here: www.goodwillworks.org
What is the revenue of Goodwill Works Foundation Inc?
Goodwill Works Foundation Inc's revenue in 2023 was $806,370.
Official website here: www.goodwillworks.org
Who are the executives of Goodwill Works Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $729,349
- Other: $41,073
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $225,689
- Other: $21,273
- Compensation: $0
- Related: $218,554
- Other: $35,048
- Compensation: $0
- Related: $154,895
- Other: $29,338
- Compensation: $0
- Related: $148,104
- Other: $13,910
- Compensation: $0
- Related: $169,335
- Other: $20,104
Official website here: www.goodwillworks.org
Where can I find the form 990 for Goodwill Works Foundation Inc?
Goodwill Works Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.goodwillworks.org
Learn more at the official website: www.goodwillworks.org
Mission Statement of Goodwill Works Foundation Inc
Goodwill Works Foundation Inc was established with the mission to support Goodwill Industries of Middle Georgia, Inc. (GIMG). Its primary role is to manage capital resources such as real estate for GIMG, lead annual fundraising campaigns, assist individuals with planned giving, estate bequests, and institutional advancement campaigns. The foundation also prepares and submits grant requests on behalf of GIMG, aiming to raise and develop funds that can help people with employment barriers and those seeking career advancement. By providing these resources, Goodwill Works Foundation Inc aims to help these individuals achieve economic independence and a fulfilling portion of the American Dream.
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Impact
October, 2024
Goodwill Works Foundation Inc plays a crucial role in enhancing economic independence and career advancement for individuals facing employment barriers in Middle Georgia. By supporting the mission of Goodwill Industries of Middle Georgia, the organization focuses on acquiring capital resources, leading fundraising campaigns, and preparing grant requests that contribute to various programmatic and scholarship initiatives.
Through its efforts, Goodwill Works Foundation raises awareness and promotes philanthropic support to help eliminate poverty in local communities. The foundation aims to assist both the unemployed and underemployed by providing access to academic, work, and career development services, ultimately empowering individuals to secure meaningful employment. This commitment not only helps individuals attain a stable livelihood but also fosters a stronger, more resilient community overall.
This information is meant to be a general summary of Goodwill Works Foundation Inc. 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 2023.
- Investment Income: $40
- Gross Receipts: $837,225
Assets and Liabilities:
- Total Assets: $7,502,058
- Total Liabilities: $147,968
- Net Assets: $7,354,090
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Organization Details
Founding Year
2008
Principal Officer
James K Stiff
Website
www.goodwillworks.orgNTEE Category
Code: J32 - Employment
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