Overview
What is Goodwill Of Arkansas Foundation Inc?
Goodwill of Arkansas Foundation Inc, situated in Little Rock, Arkansas, functions as a supporting organization to Goodwill Industries of Arkansas. The primary objective of this nonprofit is to aid its parent organization by providing financial assistance and contributions. The mission of Goodwill of Arkansas Foundation Inc is to empower Goodwill Industries of Arkansas to fulfill its mission of transforming lives through education, training, and employment opportunities. The foundation remains committed to contributing to its parent organization's efforts in making a positive impact on the community.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: Two Stars (72%) - Needs Improvement**
Goodwill Of Arkansas Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a "Needs Improvement" status. The charity's score primarily reflects its Accountability and Finance aspects, where it performed adequately in auditor oversight, independent board makeup, and financial integrity. However, it faced challenges with transparency, notably having missing information regarding its website and tax forms.
The organization boasts strengths such as having a significantly majority-independent board and strong audit practices. However, the historical rating does not account for areas like impactful measurement or adaptability, which may skew a comprehensive assessment of its performance and potential for community impact. Additionally, the relatively low Program Expense Ratio suggests that a substantial portion of its budget may not be directed towards programs, which could raise concerns for potential donors.
User reviews from GreatNonprofits are not available for this organization, leaving an absence of personal experiences from beneficiaries or supporters who might provide insight into the organization's day-to-day operations or community reception.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Of Arkansas Foundation Inc legitimate?
Goodwill Of Arkansas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Of Arkansas 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
What is the mission statement of Goodwill Of Arkansas Foundation Inc?
The Goodwill Of Arkansas Foundation Inc, functioning as a supporting organization of Goodwill Industries of Arkansas, Inc., is dedicated to assisting its parent organization through grants and contributions. Its primary mission is to aid Goodwill Industries of Arkansas in fulfilling its objective of transforming lives through education, training, and employment. The foundation's goal is to contribute financially to the various initiatives undertaken by Goodwill Industries of Arkansas, ultimately aiming to make a positive impact in individuals' lives by providing them with necessary educational and employment opportunities.
Who is the CEO of Goodwill Of Arkansas Foundation Inc?
Brian F Marsh is the President And Ceo of Goodwill Of Arkansas Foundation Inc. The CEO's salary of Goodwill Of Arkansas Foundation Inc is $0 and their total compensation is $464,109.
What is the revenue of Goodwill Of Arkansas Foundation Inc?
Goodwill Of Arkansas Foundation Inc's revenue in 2022 was $7,662,252.
Who are the executives of Goodwill Of Arkansas Foundation Inc and what are their salaries?
There 4 volunteers at Goodwill Of Arkansas Foundation Inc.
Here are 6 key members and their salaries (Goodwill Of Arkansas Foundation Inc's CEO's salary is $0 and their total compensation is $464,109):
- Compensation: $0
- Related: $426,445
- Other: $37,664
- Compensation: $0
- Related: $223,122
- Other: $23,740
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Goodwill Of Arkansas Foundation Inc?
Goodwill Of Arkansas Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Goodwill Of Arkansas Foundation Inc
Goodwill of Arkansas Foundation Inc, as a supporting organization, is dedicated to aiding Goodwill Industries of Arkansas Inc in fulfilling its mission. This mission primarily revolves around enhancing lives through education, training, and employment opportunities. The foundation achieves this by distributing grants and contributions to its parent organization. By doing so, it enables Goodwill Industries of Arkansas Inc to effectively carry out its mission of transforming lives, thereby contributing to the overall well-being of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of Goodwill of Arkansas Foundation Inc is centered around supporting and empowering individuals in Arkansas through education, training, and employment opportunities. By providing grants and contributions to Goodwill Industries of Arkansas, the Foundation plays a crucial role in helping individuals change their lives and gain access to resources that enable them to improve their skills and secure meaningful employment. Through its mission-driven focus, the Foundation contributes to building a stronger, more inclusive community where individuals have the opportunity to reach their full potential.
This information is meant to be a general summary of Goodwill Of Arkansas 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 2022.
- Investment Income: $662,252
- Gross Receipts: $7,662,252
Assets and Liabilities:
- Total Assets: $42,511,654
- Total Liabilities: $0
- Net Assets: $42,511,654
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1979
Phone
(501) 372-5100Principal Officer
Brian F Marsh
Main Address
7400 SCOTT HAMILTON DRIVE STE 50, LITTLE ROCK, AR, 72209
NTEE Category
Code: J30 - Employment
If you are a representative of Goodwill Of Arkansas Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.