Goodwill Industries of Arkansas Inc

“The process for determining compensation of the organization's president and ceo and top management officials includes annual review and approval by the board of directors and goodwill industries international, the president and ceo and management reviewed employee compensation in 2024.”

“When necessary, and when time is of the essence, the Executive Committee may exercise the powers of the Board in the management of the business and affairs of the Corporation as allowed under the Act (Nonprofit Corporation Act of 1993, Chapter 33 of Title 4 of the Arkansas Code of 1987 Annotated). Executive Committee: Miguel Lopez, Board Chair Troy Wells, Past Board Chair Elizabeth Small, Vice Chair Jay Meador, Finance & Audit Chair Carrie Harper Smith, Secretary Denise Luft, Governance Chair Douglas Jackson, Foundation Board Chair”

“THE ORGANIZATION'S BYLAWS WERE UPDATED IN 2025. THE UPDATE GAVE THE EXECUTIVE COMMITTEE POWERS TO ACT ON BEHALF OF THE BOARD IN EMERGENCY SITUATIONS AS DEFINED UNDER THE Nonprofit Corporation Act of 1993, Chapter 33 of Title 4 of the Arkansas Code of 1987 Annotated.”

“The form 990 is reviewed by the organization's cfo, president and ceo, and finance and audit committee and is distributed to the board of directors prior to filing.”

“The conflict-of-interest policy is reviewed annually at board meetings. Board members complete an annual conflict of interest disclosure statement, which is reviewed by the organization's president and ceo. If a conflict of interest arises, the individual with the conflict will be prohibited from participating in the governing body's deliberations and decisions regarding the transaction.”

“The organization makes governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“(Expenses $ 1,487,442 including grants of $ 0)(Revenue $ 0) The Transitional Employment Opportunity (TEO) program offers job readiness training and job placement services to individuals re-entering the workforce and community after being justice-involved. The program provided services to 398 individuals. Our staff understands the challenges these individuals face and offers a supportive environment. The TEO program is a 16-week paid job training program that includes job search assistance and leads, job readiness skills, Career Readiness Certification, resume building, access to community support services, and durable skills training.”

“(Expenses $ 1,449,170 including grants of $ 0)(Revenue $ 0) The Academy at Goodwill, licensed by the Arkansas State Board of Private Career Education, offers training needed to secure new employment and career advancement. Each program offers opportunities for non-traditional students to earn industry-recognized credentials that lead directly to employment in jobs that pay a living wage. We offer accelerated, affordable programs across a variety of fields. Scholarships are available to individuals who meet certain requirements. In FY 2025, students of The Academy at Goodwill earned 1,151 certifications or credentials.”

“Gross receipts of $153,804,006 includes the following from form 990, part viii: total revenue (column a)------------------------------------------------------------78,585,508 donated goods from the public.-------------------------------------------------75,004,661 fundraising expense--------------------------------------------------------------------------204,290 cost of assets sold/disposed included in stmt of revenue------------9,547 ======================================================================= gross receipt - form 990, page 1, item g.------------------------------------153,804,006”