Overview
What is Goodwill Industries Of Central Florida Inc?
Goodwill Industries of Central Florida Inc, a 501C3 located in various counties including Brevard, Lake, Orange, Osceola, Volusia, and Seminole, is dedicated to building lives that work. They resell donated goods such as clothing and household items through 30 retail stores, creating an avenue for extending the life of these items while offering sustainable employment opportunities. The organization, which employs over 1200 individuals, provides job preparation, skill-building, and post-employment support to the community and its employees, regardless of disabilities. Furthermore, funds generated from sales fuel their mission by increasing their capacity to hire, enhancing employee financial and career goals, and sponsoring employment for those with workplace challenges. In 2022, they added 297 jobs, raised base pay, and expanded donor value, all while adhering to high-quality employment practices.
Official website here: www.goodwillcfl.org
What are the reviews and ratings of this charity?
Charity Navigator rates Goodwill Industries Of Central Florida Inc with an impressive score of 93%, granting it a Four-Star out of Four Star rating. This high score reflects the organization’s strong performance in accountability and finance, indicating a well-managed nonprofit that adheres to best practices in governance and transparency.
The organization demonstrates several strengths, including a majority of independent board members (93%), effective financial oversight, and strong policies regarding conflict of interest and whistleblowing. Their program expense ratio is notably high at 90.37%, highlighting a commitment to channeling funds directly into their mission-related activities. Fundraising efficiency is also commendable, with no costs associated with fundraising, which suggests that they maximize the impact of donations.
However, there are some limitations to note. The organization has not posted its audit on its website, which could affect transparency perceptions among stakeholders. Additionally, their donor privacy policy is missing, which may raise concerns for potential donors regarding how their information is handled. Despite these issues, the overall financial health and governance practices put Goodwill Industries Of Central Florida Inc in a favorable light.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Central Florida Inc legitimate?
Goodwill Industries Of Central Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Central Florida 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: $1,612,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,884,853
For more financial information, click here
Official website here: www.goodwillcfl.org
What is the mission statement of Goodwill Industries Of Central Florida Inc?
Goodwill Industries of Central Florida, a non-profit organization, is dedicated to helping people build lives that work. Through its donated goods retail operation, the organization extends the life of clothing and household items while providing sustainable employment opportunities. The proceeds from the sale of these goods fund the mission, enabling the organization to hire more individuals and support their financial and career goals. Employees with various workplace challenges, including behavior disorders, physical and mental disabilities, re-entering citizens, and those chronically underemployed or unemployed, are all welcomed and given the chance to grow in their careers. In 2022, the organization accomplished its mission by adding 297 jobs, raising base pay, and increasing donor value.
Official website here: www.goodwillcfl.org
Who is the CEO of Goodwill Industries Of Central Florida Inc?
Edward J Durkee is the Director of Goodwill Industries Of Central Florida Inc. The CEO's salary of Goodwill Industries Of Central Florida Inc is $450,911 and their total compensation is $463,557.
Official website here: www.goodwillcfl.org
What is the revenue of Goodwill Industries Of Central Florida Inc?
Goodwill Industries Of Central Florida Inc's revenue in 2022 was $105,147,944.
Official website here: www.goodwillcfl.org
Who are the executives of Goodwill Industries Of Central Florida Inc and what are their salaries?
The average compensation at Goodwill Industries Of Central Florida Inc during 2022 was $18,192. There are 2501 employees and 14 volunteers at Goodwill Industries Of Central Florida Inc.
Here are 21 key members and their salaries (Goodwill Industries Of Central Florida Inc's CEO's salary is $450,911 and their total compensation is $463,557):
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- Compensation: $450,911
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- Other: $12,646
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- Other: $1,460
- Compensation: $157,176
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- Other: $1,464
- Compensation: $151,561
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- Other: $7,250
- Compensation: $162,073
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Official website here: www.goodwillcfl.org
Where can I find the form 990 for Goodwill Industries Of Central Florida Inc?
Goodwill Industries Of Central Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillcfl.org
Learn more at the official website: www.goodwillcfl.org
Mission Statement of Goodwill Industries Of Central Florida Inc
Goodwill Industries of Central Florida, Inc. (GICF), a 501C3 organization, is dedicated to building lives that work. This mission is achieved through the resale of donated goods in 30 retail stores, extending the life of clothing and household items while offering sustainable employment opportunities in targeted communities.
At the heart of GICF's operations is the Donated Goods Retail (DGR) division. This division not only provides an avenue for the sale of recycled goods but also serves as a training ground for employment and career growth. The organization prioritizes high-quality employment practices to support individuals in their financial and career goals. GICF's success in 2022 is evident in the addition of 297 jobs, a raise in base pay from $12.50 to $14.50, and the participation of 170 employees in Prosperity Planning for financial and career asset development.
Funds generated through the DGR division help expand GICF's capacity to hire and provide essential resources to employees with various challenges, including behavior disorders, physical and mental disabilities, re-entering citizens, and those chronically underemployed or unemployed. The mission of GICF is a testament to its commitment to creating opportunities for economic success and empowering individuals to build lives that work.
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Impact
October, 2024
Goodwill Industries of Central Florida Inc significantly impacts the community by providing employment opportunities and essential job training services. With over 1,200 individuals employed across various counties, Goodwill not only offers a source of income but also helps foster personal and professional development for employees, including those with disabilities or facing other challenges in the workforce.
The organization operates 30 retail and outlet stores, turning donated goods into sustainable career pathways. This approach not only extends the life of clothing and household items through resale but also creates a training ground for individuals to gain valuable skills and experience in a supportive environment. In 2022, Goodwill successfully added 297 jobs and raised employee base pay, showcasing its commitment to enhancing the financial stability and career growth of its workforce.
Moreover, Goodwill provides innovative programs like the Virtual Job Connection Center and Prosperity Planning services, which assist employees in achieving their financial and career goals. The organization’s focus on creating a positive impact is evident in its capacity-building efforts, particularly aimed at supporting individuals with workplace challenges, thereby contributing to the economic success of the communities it serves. The 11% increase in donor value further underlines its effectiveness in connecting resources and support to those in need, exemplifying its mission of "building lives that work."
This information is meant to be a general summary of Goodwill Industries Of Central Florida 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: $1,708,735
- Program Service Revenue: $1,354,685
- Gross Receipts: $208,561,483
Assets and Liabilities:
- Total Assets: $179,394,713
- Total Liabilities: $72,591,147
- Net Assets: $106,803,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENTAL REVENUE
Revenue
$640,633
VOCATIONAL REHAB
Revenue
$359,550
MANAGEMENT FEES
Revenue
$48,000
RENT REVENUE
Revenue
$21,480
Organization Details
Founding Year
1959
Phone
(407) 857-0659Principal Officer
Edward J Durkee
Main Address
7531 S ORANGE BLOSSOM TRAIL, ORLANDO, FL, 32809
Website
www.goodwillcfl.orgNTEE Category
Code: J30 - Employment
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