Overview
What is Goodwill Industries Of Dallas Inc?
Goodwill Industries of Dallas, Inc. is a Dallas-based nonprofit organization with a mission to empower individuals facing employment barriers, such as disabilities and homelessness, to build skills and find jobs. They achieve this by collecting, processing, and selling donated goods, generating around $13 million in wages and benefits for their employees in 2022. With a workforce of over 1,300, the organization offers a life-changing opportunity for individuals to gain self-sufficiency and lead purposeful lives.
Official website here: www.goodwilldallas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Goodwill Industries of Dallas Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score of 100% in this area, the organization demonstrates effective financial management practices, including a significant portion of expenses directed toward programs and services, which stands at 85.59%. This commitment indicates a focus on fulfilling its mission effectively.
The organization is governed by a robust independent board, with 98% of its members being independent, highlighting its commitment to transparency and ethical governance. Goodwill's policies on conflict of interest, whistleblower protections, and document retention further enhance its accountability and trustworthiness. The financial health of the organization is underscored by a low liabilities-to-assets ratio of 10.72%, ensuring stability and sustainability in its operations.
No significant limitations are noted in the data, as Goodwill Industries of Dallas appears to maintain a strong operational framework and financial integrity. Its fundraising efficiency is commendable, with a cost of only $0.022 to raise a dollar, suggesting that a majority of funds raised are utilized for charitable purposes rather than administrative costs. Overall, Goodwill Industries of Dallas presents itself as a well-managed nonprofit dedicated to its mission and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Dallas Inc legitimate?
Goodwill Industries Of Dallas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Dallas 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: $1,087,091
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,286,602
For more financial information, click here
Official website here: www.goodwilldallas.org
What is the mission statement of Goodwill Industries Of Dallas Inc?
Goodwill Industries of Dallas, Inc. is a not-for-profit organization committed to assisting individuals with various barriers to employment. Its mission is to empower people and enable them to attain self-sufficiency by offering skills development and employment opportunities. Through the sale of donated goods, the organization generates employment for individuals with disabilities and other obstacles to employment, such as homelessness or re-entry from incarceration. In 2022, this program provided employment, resulting in approximately $13 million in wages and benefits for the employees.
Official website here: www.goodwilldallas.org
Who is the CEO of Goodwill Industries Of Dallas Inc?
Timothy R Heis is the Ceo of Goodwill Industries Of Dallas Inc. The CEO's salary of Goodwill Industries Of Dallas Inc is $500,663 and their total compensation is $517,705.
Official website here: www.goodwilldallas.org
What is the revenue of Goodwill Industries Of Dallas Inc?
Goodwill Industries Of Dallas Inc's revenue in 2022 was $27,191,993.
Official website here: www.goodwilldallas.org
Who are the executives of Goodwill Industries Of Dallas Inc and what are their salaries?
The average compensation at Goodwill Industries Of Dallas Inc during 2022 was $10,864. There are 1323 employees and 250 volunteers at Goodwill Industries Of Dallas Inc.
Here are 56 key members and their salaries (Goodwill Industries Of Dallas Inc's CEO's salary is $500,663 and their total compensation is $517,705):
- Compensation: $500,663
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- Compensation: $141,426
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- Compensation: $138,242
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Official website here: www.goodwilldallas.org
Where can I find the form 990 for Goodwill Industries Of Dallas Inc?
Goodwill Industries Of Dallas Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwilldallas.org
Learn more at the official website: www.goodwilldallas.org
Mission Statement of Goodwill Industries Of Dallas Inc
Goodwill Industries of Dallas, a not-for-profit organization, is dedicated to helping individuals with obstacles to employment achieve their full potential. By providing them with the necessary skills and job opportunities, it strives to enrich their lives with a sense of purpose, accomplishment, and self-sufficiency.
The mission of Goodwill Industries of Dallas is multifaceted. It focuses on assisting people with disabilities and those facing various barriers to employment, such as homelessness or returning from incarceration, to overcome their challenges. Through the collection, processing, and sale of donated goods, this organization offers employment opportunities that enable individuals to earn wages and benefits, totaling approximately $13 million in 2022.
Goodwill Industries of Dallas serves as a beacon of hope for those seeking to rebuild their lives and regain independence. By offering employment, it not only empowers individuals to gain financial stability but also fosters a sense of self-worth and accomplishment. As a result, the organization plays a pivotal role in transforming lives and helping people reach their goals.
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Impact
October, 2024
Goodwill Industries of Dallas Inc has a significant impact on the community by providing individuals facing barriers to employment with opportunities to develop skills and secure jobs. Through its operations, the organization collects, processes, and sells donated goods, creating a pathway for people with disabilities and those experiencing challenges such as homelessness, incarceration, or addiction.
In 2022 alone, this initiative generated approximately $13 million in wages and benefits for employees, showcasing its role as a vital economic engine for individuals striving to improve their lives. By facilitating employment and fostering self-sufficiency, Goodwill Industries of Dallas empowers people to achieve their goals and live lives filled with purpose and accomplishment.
This information is meant to be a general summary of Goodwill Industries Of Dallas 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: -$237,111
- Program Service Revenue: $635,241
- Gross Receipts: $48,453,977
Assets and Liabilities:
- Total Assets: $85,087,326
- Total Liabilities: $9,129,601
- Net Assets: $75,957,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Workforce Development
Revenue
$635,241
Organization Details
Founding Year
1924
Phone
(214) 638-2800Principal Officer
Timothy R Heis
Main Address
3020 N Westmoreland Road, Dallas, TX, 75212
Website
www.goodwilldallas.orgNTEE Category
Code: J320 - Employment
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