Overview
What is Goodwill Industries Of Ventura And Santa Barbara Counties Inc?
Goodwill Industries of Ventura and Santa Barbara Counties Inc is a nonprofit organization based in Oxnard, California, with a workforce of 897 employees. They focus on empowering challenged individuals to attain employment and economic independence by providing various training and education programs. Their initiatives include the 2018 California Megafire-National Dislocated Worker Grant, which offers temporary jobs and workforce development for disaster recovery efforts in Ventura County. Additionally, they run WIA Youth and Adult programs, designed to equip young people and veterans with necessary skills and services to succeed in the labor market. The organization also operates sheltered workshops and offers job placement assistance within the local community. Goodwill's operations revolve around collecting, processing, and selling used donated goods to generate revenue for these programs.
Official website here: www.goodwillvsb.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
Goodwill Industries of Ventura and Santa Barbara Counties Inc has earned a solid Three-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization demonstrates excellent governance practices, with a fully independent board and robust policies in place, scoring a perfect 100% in board independence and oversight. Their financial management is commendable, evident from a high program expense ratio of 85.95%, indicating that a significant portion of their budget is directed towards their charitable activities.
Despite the favorable scores, there are some limitations to note. The organization received a lower score for fundraising efficiency, with a ratio of $0.002, suggesting that their fundraising efforts may not be as cost-effective as desired. Furthermore, their liabilities to assets ratio of 48.02% indicates a moderate level of debt compared to their assets, which could raise concerns about long-term financial stability.
Overall, while Goodwill Industries of Ventura and Santa Barbara Counties showcases strong commitment to accountability and effective program spending, they face challenges in fundraising efficiency and financial ratios that warrant attention for potential improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Ventura And Santa Barbara Counties Inc legitimate?
Goodwill Industries Of Ventura And Santa Barbara Counties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Ventura And Santa Barbara Counties 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: $252,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,368,028
For more financial information, click here
Official website here: www.goodwillvsb.org
What is the mission statement of Goodwill Industries Of Ventura And Santa Barbara Counties Inc?
Goodwill Industries of Ventura and Santa Barbara Counties Inc is a non-profit organization dedicated to empowering individuals with employment barriers towards economic independence. Through various programs, they offer training, education, and employment opportunities to help people in need. One of their initiatives is the 2018 California Megafire-National Dislocated Worker Grant, which provides temporary jobs for clean-up and repair on public and private non-profit lands affected by the disaster and offers related workforce development. Another program, the WIA Youth Program, aims to give young people access to employment, education, and training to succeed in the labor market and connect employers with skilled workers. Additionally, there is a WIA Adult program, which focuses on veterans and their spouses, with a similar objective.
Official website here: www.goodwillvsb.org
Who is the CEO of Goodwill Industries Of Ventura And Santa Barbara Counties Inc?
Jonathan Fox is the Treasurer of Goodwill Industries Of Ventura And Santa Barbara Counties Inc. The CEO's salary of Goodwill Industries Of Ventura And Santa Barbara Counties Inc is $252,000 and their total compensation is $264,600.
Official website here: www.goodwillvsb.org
What is the revenue of Goodwill Industries Of Ventura And Santa Barbara Counties Inc?
Goodwill Industries Of Ventura And Santa Barbara Counties Inc's revenue in 2022 was $37,782,164.
Official website here: www.goodwillvsb.org
Who are the executives of Goodwill Industries Of Ventura And Santa Barbara Counties Inc and what are their salaries?
The average compensation at Goodwill Industries Of Ventura And Santa Barbara Counties Inc during 2022 was $18,528. There are 897 employees at Goodwill Industries Of Ventura And Santa Barbara Counties Inc.
Here are 14 key members and their salaries (Goodwill Industries Of Ventura And Santa Barbara Counties Inc's CEO's salary is $252,000 and their total compensation is $264,600):
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- Other: $12,600
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Official website here: www.goodwillvsb.org
Where can I find the form 990 for Goodwill Industries Of Ventura And Santa Barbara Counties Inc?
Goodwill Industries Of Ventura And Santa Barbara Counties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillvsb.org
Learn more at the official website: www.goodwillvsb.org
Mission Statement of Goodwill Industries Of Ventura And Santa Barbara Counties Inc
Goodwill Industries Of Ventura And Santa Barbara Counties Inc is a prominent organization dedicated to enabling individuals with challenges in achieving economic independence. Through various training, educational, and employment programs, this nonprofit serves the community by empowering people with barriers to employment.
The mission of Goodwill Industries Of Ventura And Santa Barbara Counties Inc is multifaceted. The nonprofit's primary focus lies in providing employment skills to those needing a helping hand. By doing so, they contribute significantly to the economic growth and sustainability of the community.
One of the initiatives undertaken by Goodwill Industries Of Ventura And Santa Barbara Counties Inc is the 2018 California Megafire-National Dislocated Worker Grant (NDWG). This program aims to provide temporary employment opportunities and related workforce development services to individuals in Ventura County affected by the disaster. The nonprofit incurred $120,301 in expenses as of December 31, 2022, demonstrating their commitment to assisting those impacted by natural disasters.
Another key program offered by Goodwill Industries Of Ventura And Santa Barbara Counties Inc is the WIA Youth Program. This initiative provides youth with crucial access to employment, education, training, and support services, preparing them to succeed in the labor market and enabling employers to compete effectively in the global economy. In addition, the organization boasts a WIA Adult program, which shares the same purpose but is targeted towards veterans and their spouses.
These initiatives not only help individuals overcome employment challenges but also contribute to the overall health and growth of the community. By providing essential skills and resources to those in need, Goodwill Industries Of Ventura And Santa Barbara Counties Inc plays a vital role in fostering economic independence and self-sufficiency.
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Impact
October, 2024
Goodwill Industries of Ventura and Santa Barbara Counties Inc significantly impacts the local community by addressing barriers to employment for challenged individuals and fostering economic independence. Through various programs, it offers training, education, and employment opportunities tailored to meet the needs of diverse populations, including youth, veterans, and individuals with disabilities.
One of its key initiatives is the 2018 California Megafire National Dislocated Worker Grant, which helps provide temporary jobs for disaster recovery while simultaneously facilitating relevant workforce development in Ventura County. This program has resulted in meaningful employment opportunities, aiding the community in rebuilding after significant setbacks.
The Workforce Investment Act (WIA) Youth and Adult programs focus on equipping participants with the necessary skills and resources to thrive in the labor market. By facilitating access to education and training, these programs not only enhance the employability of youth and adult participants but also help employers find the skilled workers needed to compete effectively in the global economy. Collectively, these initiatives represent a commitment to reducing welfare dependency and promoting economic self-sufficiency within the region.
Additionally, Goodwill operates Sheltered Workshops for individuals with severe disabilities, enabling them to gain work experience and develop skills for meaningful employment. The retail operations of Goodwill play a crucial role in funding these programs, as sales of donated goods directly support the organization’s initiatives.
Ultimately, Goodwill Industries of Ventura and Santa Barbara Counties Inc serves as a vital resource for the community, empowering individuals and enhancing the overall economic vitality of the region.
This information is meant to be a general summary of Goodwill Industries Of Ventura And Santa Barbara Counties 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: -$37,416
- Gross Receipts: $75,510,592
Assets and Liabilities:
- Total Assets: $61,265,184
- Total Liabilities: $29,424,417
- Net Assets: $31,840,767
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Organization Details
Founding Year
1997
Phone
(805) 981-0130Principal Officer
Jonathan Fox
Main Address
1401 N Rice Ave, Oxnard, CA, 93030
Website
www.goodwillvsb.orgNTEE Category
Code: P29Z - Human services
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