Overview
What is Goodwill Industries Of Northeast Texas?
Goodwill Industries of Northeast Texas is a nonprofit organization based in Sherman, Texas, with a US address at 2206 E Lamar St, ZIP code 75090. Their mission revolves around enhancing the quality of life for individuals with disabilities or disadvantages. They achieve this goal through various means, including education, training, and placement in gainful employment. The organization's primary activity involves the reconditioning and sale of donated merchandise, which generates funds for their programs. With a workforce of 795 employees, Goodwill Industries of Northeast Texas is committed to making a difference in the lives of those they serve.
Official website here: www.goodwillnorthtexas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Goodwill Industries of Northeast Texas has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization scored particularly high in areas such as its independent board representation, financial oversight, and program expenses, indicating it utilizes a significant portion of its funding towards its mission-driven programs.
The organization's governance structure is notably robust, featuring a board comprised entirely of independent members, which enhances its integrity and decision-making processes. Additionally, the absence of any material diversion of assets further underscores its reliability and ethical handling of funds. The financial ratios presented reveal a healthy balance between liabilities and assets, showcasing effective financial management.
However, it is worth noting that the charity is missing a whistleblower policy, which could be a potential area for improvement in fostering a culture of accountability and transparency. Despite this limitation, the overall performance of Goodwill Industries of Northeast Texas positions it as a reputable nonprofit with a strong focus on delivering value to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Northeast Texas legitimate?
Goodwill Industries Of Northeast Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Northeast Texas 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: $840,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,378,319
For more financial information, click here
Official website here: www.goodwillnorthtexas.org
What is the mission statement of Goodwill Industries Of Northeast Texas?
Goodwill Industries of Northeast Texas strives to enhance the lives of individuals with disabilities or disadvantages. They achieve this goal through a three-pronged approach: education, training, and placement in gainful employment. The organization's mission is focused on empowering these individuals to improve their quality of life.
To accomplish this, the team at Goodwill Industries of Northeast Texas reconditions and sells donated merchandise. The revenue generated from these sales supports the crucial training and evaluation process for handicapped persons. By providing valuable opportunities for education and skill development, Goodwill Industries of Northeast Texas paves the way for individuals to secure gainful employment and build a better future for themselves.
Official website here: www.goodwillnorthtexas.org
Who is the CEO of Goodwill Industries Of Northeast Texas?
Katrina Coffman is the Director of Goodwill Industries Of Northeast Texas.
Official website here: www.goodwillnorthtexas.org
What is the revenue of Goodwill Industries Of Northeast Texas?
Goodwill Industries Of Northeast Texas's revenue in 2022 was $13,943,179.
Official website here: www.goodwillnorthtexas.org
Who are the executives of Goodwill Industries Of Northeast Texas and what are their salaries?
The average compensation at Goodwill Industries Of Northeast Texas during 2022 was $10,338. There are 795 employees and 1133 volunteers at Goodwill Industries Of Northeast Texas.
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Official website here: www.goodwillnorthtexas.org
Where can I find the form 990 for Goodwill Industries Of Northeast Texas?
Goodwill Industries Of Northeast Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillnorthtexas.org
Learn more at the official website: www.goodwillnorthtexas.org
Mission Statement of Goodwill Industries Of Northeast Texas
Goodwill Industries of Northeast Texas, a mission-driven organization, strives to enhance the lives of individuals with disabilities or disadvantages. Through a three-pronged approach of education, training, and placement, this nonprofit aims to help people gainful employment and ultimately, improve their quality of life.
The heart of Goodwill Industries of Northeast Texas' mission lies in the transformation and sale of donated merchandise. This unique business model serves as the financial backbone for the organization, enabling it to invest in the education and training of those it aims to assist. By providing opportunities for skills development and evaluation, Goodwill Industries of Northeast Texas empowers handicapped persons to reach their full potential and become self-sufficient members of their communities.
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Impact
October, 2024
Goodwill Industries of Northeast Texas significantly enhances the quality of life for individuals with disabilities or disadvantages. By focusing on education, training, and placement in gainful employment, they empower these individuals to achieve greater independence and self-sufficiency.
Through their operations, which include the reconditioning and sale of donated merchandise, they not only provide valuable resources and services but also foster an inclusive environment for personal growth and development. This model effectively combines job training with practical experience, ensuring that participants gain the skills necessary to thrive in the workforce.
The impact of Goodwill Industries can also be seen in the community, where their efforts help to reduce barriers to employment and support individuals in overcoming challenges. By investing in the potential of every person, they contribute to a more equitable society, making strides toward improving the overall well-being of the community in Sherman, TX, and surrounding areas.
This information is meant to be a general summary of Goodwill Industries Of Northeast Texas. 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: $8,900
- Program Service Revenue: $13,802,074
- Gross Receipts: $13,943,179
Assets and Liabilities:
- Total Assets: $15,947,463
- Total Liabilities: $1,085,595
- Net Assets: $14,861,868
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF DONATED ITEMS
Revenue
$13,609,838
TRAINING FEES
Revenue
$192,236
Organization Details
Founding Year
1958
Phone
(903) 893-3145Principal Officer
Katrina Coffman
Main Address
2206 E LAMAR ST, SHERMAN, TX, 75090
Website
www.goodwillnorthtexas.orgNTEE Category
Code: J32 - Employment
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