Overview
What is Goodwill Industries Of Kansas Inc?
Goodwill Industries of Kansas is a nonprofit organization based in Wichita, Kansas. Their mission is to provide opportunities for individuals with disabilities and employment barriers, enabling them to live independently and productively. They achieve this through their retail stores, which accept donations of clothing and household wares and sell these items to generate revenue. This financial support funds their vocational programs. With a workforce of 956 employees, Goodwill Industries of Kansas strives to enhance the lives of people of all ages, regardless of disability.
Official website here: www.goodwillks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Goodwill Industries of Kansas Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The organization scored exceptionally well in all evaluated categories, notably achieving a perfect score in areas such as having a majority of independent board members and maintaining robust financial oversight. This high rating indicates that donors can have confidence that their contributions are being managed responsibly and effectively.
The nonprofit's commitment to transparency is evident through its adherence to best practices, including established conflict of interest and whistleblower policies. Additionally, the organization has effectively utilized its resources, with a program expense ratio of nearly 90%, suggesting that a significant portion of its budget is directed towards its mission-driven programs rather than administrative costs.
While the data highlights numerous strengths, it is important for potential donors to remain aware of the overall financial landscape of the organization, including its liabilities. However, with a low liabilities-to-assets ratio of 9.66%, Goodwill Industries of Kansas Inc demonstrates a stable financial footing, allowing it to focus on its core mission of providing job training and employment services.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Kansas Inc legitimate?
Goodwill Industries Of Kansas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Kansas 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: $355,579
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,419,499
For more financial information, click here
Official website here: www.goodwillks.org
What is the mission statement of Goodwill Industries Of Kansas Inc?
Goodwill Industries of Kansas aims to provide opportunities for individuals with disabilities and those facing employment barriers to lead independent and productive lives. The organization is dedicated to enhancing the quality of life for people of all ages, irrespective of their disability status. Goodwill Industries of Kansas utilizes its retail stores as a platform to offer training and employment opportunities. These employment opportunities are accessible in every community store location. The organization accepts clothing and household wares from the public and sells these items in its retail stores. The net revenue generated from the sale of these items supports the ongoing and development of vocational programs.
Official website here: www.goodwillks.org
Who is the CEO of Goodwill Industries Of Kansas Inc?
Laura Ritterbush is the Director of Goodwill Industries Of Kansas Inc. The CEO's salary of Goodwill Industries Of Kansas Inc is $177,290 and their total compensation is $182,315.
Official website here: www.goodwillks.org
What is the revenue of Goodwill Industries Of Kansas Inc?
Goodwill Industries Of Kansas Inc's revenue in 2022 was $24,616,017.
Official website here: www.goodwillks.org
Who are the executives of Goodwill Industries Of Kansas Inc and what are their salaries?
The average compensation at Goodwill Industries Of Kansas Inc during 2022 was $12,317. There are 956 employees and 200 volunteers at Goodwill Industries Of Kansas Inc.
Here are 22 key members and their salaries (Goodwill Industries Of Kansas Inc's CEO's salary is $177,290 and their total compensation is $182,315):
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- Compensation: $177,290
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- Other: $17,800
Official website here: www.goodwillks.org
Where can I find the form 990 for Goodwill Industries Of Kansas Inc?
Goodwill Industries Of Kansas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillks.org
Learn more at the official website: www.goodwillks.org
Mission Statement of Goodwill Industries Of Kansas Inc
Goodwill Industries of Kansas, a renowned nonprofit organization, is dedicated to enhancing the lives of people with disabilities and those facing employment barriers. The mission of this esteemed institution is to create opportunities that enable these individuals to live independently and productively. Regardless of age or disability, Goodwill Industries of Kansas strives for an improved quality of life for everyone it serves.
To achieve its mission, Goodwill Industries of Kansas ingeniously utilizes its network of retail stores as a means to provide essential training and employment opportunities. These opportunities are accessible in every community store location, allowing individuals to develop the necessary skills to excel in their careers. The nonprofit accepts donated clothing and household wares from the public, which are then sold in their retail stores. The revenue generated from these sales supports the ongoing and development of vocational programs, ensuring a steady flow of resources for continuous growth and expansion.
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Impact
October, 2024
Goodwill Industries of Kansas Inc. significantly enhances the lives of individuals with disabilities and those facing barriers to employment by creating opportunities for independence and personal growth. Through its retail stores, Goodwill provides essential job training and employment opportunities that empower people to develop skills, gain work experience, and ultimately pursue independent, productive lifestyles.
Located in Wichita, Kansas, Goodwill Industries utilizes the revenue generated from the sale of donated clothing and household goods to fund its vocational programs. This model not only contributes to the local economy but also fosters a sense of community by relying on public support for donations. By ensuring that employment opportunities are available in every community store, Goodwill actively promotes inclusivity and assists individuals of all ages in overcoming challenges related to employment.
In all its endeavors, Goodwill Industries of Kansas is committed to improving the quality of life for those it serves, reinforcing the belief that everyone deserves a chance to thrive, regardless of their circumstances.
This information is meant to be a general summary of Goodwill Industries Of Kansas 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: $289,809
- Program Service Revenue: $24,192,219
- Gross Receipts: $25,566,206
Assets and Liabilities:
- Total Assets: $50,504,472
- Total Liabilities: $2,646,939
- Net Assets: $47,857,533
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE SALES
Revenue
$20,305,693
SUPPORTED EMPLOYMENT
Revenue
$2,364,979
CONTRACT SERVICES
Revenue
$1,521,547
Organization Details
Founding Year
1957
Phone
(316) 744-9291Principal Officer
Laura Ritterbush
Main Address
PO BOX 8169, WICHITA, KS, 67208
Website
www.goodwillks.orgNTEE Category
Code: J32Z - Employment
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