Civic Intelligence

Goodwill Rescue Mission Inc

EIN 22-1487207 • 501(c)3 • New york, NY

Profile

Goodwill Rescue Mission is a historic faith-based rescue mission serving the Newark, New Jersey area since the 1880s. It now operates as a controlled affiliate of The Bowery Mission in New York City.

90 Lafayette Street 6th FoorNew york, NY 10013

www.grmnewark.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.94x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,550,180

Up $385,213 (+12%) from 2023

Liabilities

Up

$360,817

Up $185,555 (+106%) from 2023

Net Assets

Up

$3,189,363

Up $199,658 (+6.7%) from 2023

Revenue

Down

$381,900

Down $116,325 (-23%) from 2023

Expenses

Up

$200,210

Up $100,264 (+100%) from 2023

Net Income

Down

$181,690

Down $216,589 (-54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $736,852Liabilities 2012: $328,520Net Assets 2012: $408,3322012Assets 2013: $686,770Liabilities 2013: $308,641Net Assets 2013: $378,1292013Assets 2014: $749,204Liabilities 2014: $371,053Net Assets 2014: $378,1512014Assets 2015: $984,893Liabilities 2015: $370,794Net Assets 2015: $614,0992015Assets 2016: $1,003,092Liabilities 2016: $443,987Net Assets 2016: $559,1052016Assets 2017: $2,917,642Liabilities 2017: $241,885Net Assets 2017: $2,675,7572017Assets 2018: $2,758,327Liabilities 2018: $687,658Net Assets 2018: $2,070,6692018Assets 2019: $2,718,852Liabilities 2019: $1,307,680Net Assets 2019: $1,411,1722019Assets 2020: $2,817,090Liabilities 2020: $778,085Net Assets 2020: $2,039,0052020Assets 2021: $2,639,863Liabilities 2021: $488,691Net Assets 2021: $2,151,1722021Assets 2022: $2,831,594Liabilities 2022: $241,784Net Assets 2022: $2,589,8102022Assets 2023: $3,164,967Liabilities 2023: $175,262Net Assets 2023: $2,989,7052023Assets 2024: $3,550,180Liabilities 2024: $360,817Net Assets 2024: $3,189,3632024

Highlighted filing

2024

Assets$3,550,180
Liabilities$360,817
Net Assets$3,189,363

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,807,644Expenses 2012: $2,625,845Net Income 2012: $181,7992012Expenses 2013: $2,043,3662013Revenue 2014: $1,909,396Expenses 2014: $1,909,374Net Income 2014: $222014Revenue 2015: $2,357,103Expenses 2015: $2,121,155Net Income 2015: $235,9482015Revenue 2016: $2,110,874Expenses 2016: $2,205,868Net Income 2016: -$94,9942016Revenue 2017: $2,207,427Expenses 2017: $2,327,217Net Income 2017: -$119,7902017Revenue 2018: $1,817,633Expenses 2018: $2,422,721Net Income 2018: -$605,0882018Revenue 2019: $1,475,604Expenses 2019: $2,140,602Net Income 2019: -$664,9982019Revenue 2020: $1,822,624Expenses 2020: $1,194,522Net Income 2020: $628,1022020Revenue 2021: $443,135Expenses 2021: $331,874Net Income 2021: $111,2612021Revenue 2022: $722,660Expenses 2022: $270,056Net Income 2022: $452,6042022Revenue 2023: $498,225Expenses 2023: $99,946Net Income 2023: $398,2792023Revenue 2024: $381,900Expenses 2024: $200,210Net Income 2024: $181,6902024

Highlighted filing

2024

Revenue$381,900
Expenses$200,210
Net Income$181,690

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.55$0.36$3.19$0.38$0.20$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.16$0.18$2.99$0.50$0.10$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.24$2.59$0.72$0.27$0.45
2021Detailed filing. Detailed filing data is available for this year.$2.64$0.49$2.15$0.44$0.33$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.82$0.78$2.04$1.82$1.19$0.63
2019Detailed filing. Detailed filing data is available for this year.$2.72$1.31$1.41$1.48$2.14$0.66
2018Detailed filing. Detailed filing data is available for this year.$2.76$0.69$2.07$1.82$2.42$0.61
2017Detailed filing. Detailed filing data is available for this year.$2.92$0.24$2.68$2.21$2.33$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.44$0.56$2.11$2.21$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.98$0.37$0.61$2.36$2.12$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.37$0.38$1.91$1.91$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.31$0.38$2.04
2012Summary only. Only limited summary data is available for this year.$0.74$0.33$0.41$2.81$2.63$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 13, 2025
Return Version
2023v6.0
Gross Receipts
$388,457
Mission and Program Overview

Mission

Goodwill rescue mission, inc. Is a non-profit charitable religious corporation with the purpose of ministering to the spiritual and material needs of men, women and children by: providing for the physical welfare of needy persons through emergency services, a comprehensive non-medical christian recovery program, community outreach programs providing relief to the poor, conducting religious services, diseminating religious literature and materials, salvaging used goods for resale and use, and in general performing any other religious and charitable works consistent with the provisions of the amended and restated certificate of incorporation of the corporation.

Goodwill Rescue Mission (GRM) provides food, shelter and guidance to those men and women in need in the Newark area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,182,491$2,170,711▼ $11,780
Cash and Non-Interest-Bearing Accounts$543,905$923,848▲ $379,943
Investments in Publicly Traded Securities$78,452$95,666▲ $17,214
Prepaid Expenses and Deferred Charges$4,455$9,955▲ $5,500
Accounts Receivable$5,664--
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$3,164,967$3,550,180▲ $385,213
Other Assets Total$350,000$350,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$175,262$360,817▲ $185,555
Other Liabilities$0$0→ $0
Total Liabilities$175,262$360,817▲ $185,555
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,911,255$3,093,699▲ $182,444
Net Assets With Donor Restrictions$78,450$95,664▲ $17,214
Total Net Assets Fund Balance$2,989,705$3,189,363▲ $199,658
Total Liabilities and Net Assets / Fund Balance$3,164,967$3,550,180▲ $385,213

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,614,706$1,428,634-
Land$555,032--
Equipment$973$345,201-
Other Assets Org$350,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$78,450-▲ $17,214-$95,664
2022$76,766-▲ $1,684-$78,450
2021$78,744$13,000▼ $14,978-$76,766
2020$0$77,807▲ $937-$78,744
2019$0---$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Karen GainesChief Financial OfficerPT$35,754$35,754

Board Members and Trustees

NameTitle
James WinansPresident/CEO
Addison HardyDirector
Bryan ChoDirector
Laurie-Anne BentleyChief Development Officer (part year)
Cheryl MitchellChief Program Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$194,943
Program Service Revenue
$0
Investment Income
$-4,150
Other Revenue
$191,107
All Other Contributions
$194,943
Change in Net Assets
$181,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,681
Salaries, Compensation, and Employee Benefits$68,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$103,151$0$0$103,151
Other Salaries and Wages$54,822--$54,822
Payroll Taxes$13,707--$13,707
Fees for Services Legal$8,291--$8,291
Insurance$5,404--$5,404
Information Technology$4,564--$4,564
Office Expenses$3,718--$3,718
Fees for Service Investment Mgmnt Fees$3,161--$3,161
Fees for Services Accounting$1,800--$1,800
Other Expenses$1,430--$1,430
Advertising$150--$150
Occupancy$12--$12
Total Functional Expenses$200,210$0$0$200,210
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15

The organization does not compensate any officers or key employees. Therefore, these lines were answered "no" in accordance with the instructions.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.

Form 990, Part VI, Line 12C Conflict of interest policy

On a yearly basis, the board of directors reviews the conflict of interest policy, and approves any necessary revisions. Directors, officers, and key employees are then required to review the updated conflict of interest policy and disclose any known conflicts of interest. The CFO reviews the signed statements and the President/CEO reviews the CFO's signed statement. Restrictions imposed on persons involved in transactions with potential conflicts include prohibiting them from participating in the board or committee deliberations and/or approval of the transaction.

Form 990, Part VI, Line 19 Required documents available to the public

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. The financial statements and 990 are also available on the website.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

Misc revenue - Total Revenue: 6607, Related or Exempt Function Revenue: 6607, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Goodwill Rescue Mission Inc
EIN
22-1487207
Phone
2122266214
Address
90 Lafayette Street 6th Foor, New york, NY 10013

Signing Officer

Name
James Winans
Title
President/CEO
Phone
6463623110
Signed
2025-08-13
Discuss with paid preparer
Yes

Organization Details

Formed
1897
Legal Domicile
Nj
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
6

Preparer

Firm
CRI Capin Crouse Advisors LLC
Address
345 Massachusetts Ave Suite 300, Indianapolis, IN 46204
Preparer
Sara Tibbott
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2A

Staff are compensated by a related organization, Christian Herald Association, Inc. (CHA). CHA files all required payroll information returns as required by the IRS. As such, due to common paymaster rules as instructed by the IRS, the number of employees reported represent the number of employees who work for the filing organization but are compensated by a related organization. Goodwill Rescue Mission reimburses CHA for the employees' compensation, and the reimbursements are reported on Form 990, Part IX, Lines 5 - 10.

Form 990, Part IX, Line 11G Other Fees

Other professional fees - Total Expense: 103151, Program Service Expense: 103151, Management and General Expenses: , Fundraising Expenses: ;

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

The endowment is intended to be used for support of general operations.

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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0James Winans
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IRS990ScheduleA/TotalSupportAmt03875101
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-14978
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IRS990ScheduleD/LandGrp/BookValueAmt0555032
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0555032
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment is intended to be used for support of general operations.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4 Intended uses of endowment funds
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt26947
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt110544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt214882
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Winans
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Laurie-Anne Bentley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Cheryl Mitchell
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chief Development Officer (part year)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Chief Program Officer
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20

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