Overview
What is Goodwill Industries Of Northeast Indiana Inc?
Goodwill Industries of Northeast Indiana Inc is a nonprofit organization based in Fort Wayne, Indiana. Founded in 1938, it has been a pillar of the community for over 80 years. The organization, initially proposed by Reverend Edgar J. Helms, aims to empower and prepare individuals for independence via training, personal growth, and work. With a workforce of approximately 366 employees, Goodwill Industries fosters a collaborative environment, partnering with various organizations and entities to expand its reach. Their mission revolves around creating opportunities for people with disabilities, disadvantages, and other barriers to employment. Goodwill Industries ranks among the top nonprofits in terms of efficiency, with 90.6 cents of every dollar being reinvested into their Northeast Indiana community through job creation, services, and programs. The organization's impressive accreditation from the Commission on Accreditation of Rehabilitation Facilities (CARF) for community employment services and job development further solidifies their commitment to excellence. Goodwill Industries operates under a "reduce, reuse, repurpose" philosophy, ensuring that unsuitable items for sale in their stores are either repurposed or recycled to keep them from the waste stream. In 2022, they repurposed or recycled over 4,000,000 pounds of donated goods and diverted nearly 50,000 pounds of metal products from local landfills. The organization's services span across 10 Northeast Indiana counties, providing employment counseling, job training, and jobs to those in need.
Official website here: www.fwgoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Goodwill Industries of Northeast Indiana Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization scored a perfect 100% in several categories, including having a completely independent board and robust oversight measures, demonstrating a commitment to transparency and ethical governance.
The charity's financial health is notable, with program expenses making up 91.73% of its total expenditures, indicating a focus on its mission rather than administrative costs. Additionally, it has shown exceptional fundraising efficiency, reporting no costs associated with fundraising efforts. This efficiency allows more resources to be allocated directly to programs that support its community initiatives.
However, a slight area of concern is the liabilities to assets ratio, which stands at 55.02%. While this is not overly alarming, it suggests potential financial leverage that could be monitored for future stability. Overall, Goodwill Industries of Northeast Indiana Inc is a well-managed organization with strong financial practices and a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Northeast Indiana Inc legitimate?
Goodwill Industries Of Northeast Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Northeast Indiana 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: $168,347
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,780,006
For more financial information, click here
Official website here: www.fwgoodwill.org
What is the mission statement of Goodwill Industries Of Northeast Indiana Inc?
Goodwill Industries of Northeast Indiana Inc empowers and prepares individuals for independence through training and personal growth, focusing on work as a key factor for desirable life outcomes. The organization, founded in 1938, collaborates with various agencies to provide employment services and job training for people with disabilities, youth with disabilities, recipients of public assistance, and those with limited education or work history. Goodwill's mission is carried out through a range of programs, all aimed at helping people with barriers to employment become more successful, productive, and independent. The organization uses donations to create jobs, reinvesting 90.6 cents of every dollar back into their community. Goodwill's commitment to sustainability includes repurposing and recycling donated goods, keeping over 4 million pounds of textiles, shoes, cardboard, books, and other items out of the waste stream each year, and recycling nearly 50,000 pounds of metal products.
Official website here: www.fwgoodwill.org
Who is the CEO of Goodwill Industries Of Northeast Indiana Inc?
Kevin Morse is the Former Presi of Goodwill Industries Of Northeast Indiana Inc.
Official website here: www.fwgoodwill.org
What is the revenue of Goodwill Industries Of Northeast Indiana Inc?
Goodwill Industries Of Northeast Indiana Inc's revenue in 2022 was $12,603,873.
Official website here: www.fwgoodwill.org
Who are the executives of Goodwill Industries Of Northeast Indiana Inc and what are their salaries?
The average compensation at Goodwill Industries Of Northeast Indiana Inc during 2022 was $18,985. There are 366 employees and 21 volunteers at Goodwill Industries Of Northeast Indiana Inc.
Here are 21 key members and their salaries:
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Official website here: www.fwgoodwill.org
Where can I find the form 990 for Goodwill Industries Of Northeast Indiana Inc?
Goodwill Industries Of Northeast Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fwgoodwill.org
Learn more at the official website: www.fwgoodwill.org
Mission Statement of Goodwill Industries Of Northeast Indiana Inc
Goodwill Industries of Northeast Indiana, Inc. is a mission-driven organization that empowers and prepares people for independence through training, personal growth, and work. Founded in 1936, this nonprofit has been a part of the community for over eight decades, traces its roots back to Reverend Edgar J. Helms, a Methodist minister and early social innovator. Goodwill Industries of Northeast Indiana, Inc. believes that work is the key factor in enabling individuals to achieve desirable life outcomes.
The organization's core belief is that everyone deserves an opportunity to become more successful, productive, and independent. To this end, Goodwill Industries of Northeast Indiana, Inc. provides employment counseling, job training, and jobs for people who face barriers to finding and keeping employment, including individuals with disabilities, youth with disabilities, recipients of public assistance, and people with limited education or work history.
Goodwill Industries of Northeast Indiana, Inc. operates under its tenth consecutive 3-year accreditation from the Commission on Accreditation of Rehabilitation Facilities (CARF) for community employment services and job development. The organization collaborates with various agencies and partners, such as Opportunity Enterprises, Logan Community Resources, Pathfinders, and Corvilla, to provide pre-employment transition services to youth with disabilities. With a service area covering ten counties, this nonprofit is committed to making a significant impact in the lives of those it serves.
Goodwill Industries of Northeast Indiana, Inc. relies on the sales of donated items to create jobs and fund its programs for people with disabilities, disadvantages, and other barriers to employment. Nearly 50,000 pounds of metal products were recycled and kept out of landfills in 2022. The organization is a pioneer in the "reduce, reuse, repurpose" practice of unwanted but still usable items, helping to create a healthier environment by keeping over 4,000,000 pounds of donated textiles, shoes, cardboard, books, and other goods out of the waste stream. Through its partnership with Dell, computer components are also recycled through the Dell Reconnect Program.
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Impact
October, 2024
Goodwill Industries of Northeast Indiana Inc plays a pivotal role in empowering individuals and transforming lives through focused training, personal growth, and job placement services. Operating since 1938, this organization addresses barriers to employment for a diverse group of people, including those with disabilities, young individuals facing challenges, and adults with limited education or work history.
In 2022, Goodwill provided vital pre-employment transition services to youth with disabilities, collaborating with various local agencies to ensure these young people are prepared for the workforce. The impact of Goodwill's training programs is not only measured by the job placements and employment counseling provided but also by the significant improvement in the lives of those it serves, helping them achieve greater independence and productivity.
The organization is deeply integrated into the local community, covering ten counties in northeast Indiana and engaging in partnerships with schools and rehabilitation services. This comprehensive approach enhances workforce diversity and promotes equal opportunities for all community members.
Additionally, Goodwill is a leader in sustainability efforts within the region, recycling millions of pounds of donated materials annually. Their commitment to repurposing and recycling aligns with environmental stewardship goals, reducing landfill waste and promoting a healthier environment.
Through its multifaceted programs, Goodwill Industries of Northeast Indiana Inc effectively breaks down barriers to employment and champions the belief that work can fundamentally transform lives. Every donation supports this mission, as nearly all revenue is reinvested back into community services, creating a lasting positive impact.
This information is meant to be a general summary of Goodwill Industries Of Northeast Indiana 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 2022.
- Investment Income: $2,820
- Gross Receipts: $20,205,393
Assets and Liabilities:
- Total Assets: $12,355,437
- Total Liabilities: $6,798,481
- Net Assets: $5,556,956
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Organization Details
Founding Year
1993
Phone
(260) 478-7617Principal Officer
Kevin Morse
Main Address
1516 MAGNAVOX WAY, FORT WAYNE, IN, 46804
Website
www.fwgoodwill.orgNTEE Category
Code: J32Z - Employment
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