Civic Intelligence

Goodwill Industries of Central East Texas Inc

990 • Fiscal year 2022 • EIN 75-2204594

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 31, 2023

301 Hill StreetLufkin, TX 75904

(936) 632-8838

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.08x

Higher debt load relative to assets than 43% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

24th percentile

0.05x

Higher debt load relative to revenue than 24% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

49th percentile

6.4%

Higher net margin than 49% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$165,353

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

36%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,803,995

Up $410,097 (+17%) from 2021

Net Assets

Up

$2,568,521

Up $328,167 (+15%) from 2021

Liabilities

Up

$235,474

Up $81,930 (+53%) from 2021

Revenue

Up

$5,091,750

Up $1,336,497 (+36%) from 2021

Expenses

Up

$4,763,583

Up $1,133,832 (+31%) from 2021

Net Income

Up

$328,167

Up $202,665 (+161%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $2,114,260Liabilities 2011: $52,588Net Assets 2011: $2,061,6722011Assets 2012: $2,271,924Liabilities 2012: $77,844Net Assets 2012: $2,194,0802012Assets 2013: $2,383,385Liabilities 2013: $65,452Net Assets 2013: $2,317,9332013Assets 2014: $2,239,768Liabilities 2014: $156,146Net Assets 2014: $2,083,6222014Assets 2015: $2,082,728Liabilities 2015: $104,588Net Assets 2015: $1,978,1402015Assets 2016: $1,875,113Liabilities 2016: $244,575Net Assets 2016: $1,630,5382016Assets 2017: $1,870,420Liabilities 2017: $181,427Net Assets 2017: $1,688,9932017Assets 2018: $1,838,969Liabilities 2018: $162,410Net Assets 2018: $1,676,5592018Assets 2019: $1,777,997Liabilities 2019: $102,468Net Assets 2019: $1,675,5292019Assets 2020: $2,224,095Liabilities 2020: $109,243Net Assets 2020: $2,114,8522020Assets 2021: $2,393,898Liabilities 2021: $153,544Net Assets 2021: $2,240,3542021Assets 2022: $2,803,995Liabilities 2022: $235,474Net Assets 2022: $2,568,5212022Assets 2023: $4,049,498Liabilities 2023: $486,528Net Assets 2023: $3,562,9702023Assets 2024: $5,005,616Liabilities 2024: $1,361,639Net Assets 2024: $3,643,9772024

Highlighted filing

2022

Assets$2,803,995
Liabilities$235,474
Net Assets$2,568,521

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $3,110,782Expenses 2011: $3,069,882Net Income 2011: $40,9002011Expenses 2012: $3,163,7392012Revenue 2013: $3,386,984Expenses 2013: $3,263,131Net Income 2013: $123,8532013Revenue 2014: $3,655,380Expenses 2014: $3,889,691Net Income 2014: -$234,3112014Revenue 2015: $3,064,165Expenses 2015: $3,169,647Net Income 2015: -$105,4822015Revenue 2016: $8,533,577Expenses 2016: $8,881,179Net Income 2016: -$347,6022016Revenue 2017: $3,208,133Expenses 2017: $3,149,640Net Income 2017: $58,4932017Revenue 2018: $3,569,494Expenses 2018: $3,581,928Net Income 2018: -$12,4342018Revenue 2019: $3,818,018Expenses 2019: $3,819,048Net Income 2019: -$1,0302019Revenue 2020: $3,975,845Expenses 2020: $3,536,522Net Income 2020: $439,3232020Revenue 2021: $3,755,253Expenses 2021: $3,629,751Net Income 2021: $125,5022021Revenue 2022: $5,091,750Expenses 2022: $4,763,583Net Income 2022: $328,1672022Revenue 2023: $6,313,268Expenses 2023: $5,318,819Net Income 2023: $994,4492023Revenue 2024: $6,423,980Expenses 2024: $6,342,973Net Income 2024: $81,0072024

Highlighted filing

2022

Revenue$5,091,750
Expenses$4,763,583
Net Income$328,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$5,098,134
Mission and Program Overview

Mission

Goodwill partners with workforce solutions deep east texas to oversee the new ccs program, which provides financial assistance for childcare to low- income families in the 12-county deep east texas region in order to help them find/retain employment and participate in training/education programs as they work to improve their lives and the lives of their children.

Goodwill collaborates with our community to transform donations into innovative training, employability, and financial stability programs that empower people with disabilities and other barriers to achieve independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,278,078$1,365,964▲ $87,886
Cash and Non-Interest-Bearing Accounts$680,698$901,284▲ $220,586
Inventories for Sale or Use$244,773$348,312▲ $103,539
Savings and Temporary Cash Investments$101,477$101,477→ $0
Accounts Receivable$79,047$78,166▼ $881
Prepaid Expenses and Deferred Charges$9,825$8,792▼ $1,033
Total Assets$2,393,898$2,803,995▲ $410,097
Liabilities
Other Liabilities$112,224$198,271▲ $86,047
Accounts Payable and Accrued Expenses$41,320$37,203▼ $4,117
Total Liabilities$153,544$235,474▲ $81,930
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,240,354$2,568,521▲ $328,167
Total Net Assets Fund Balance$2,240,354$2,568,521▲ $328,167
Total Liabilities and Net Assets / Fund Balance$2,393,898$2,803,995▲ $410,097

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$828,713$1,054,012$1,882,725
Land$397,562-$397,562
Equipment$116,594$261,389$377,983
Other Land Buildings$20,095$212,018$232,113
Leasehold Improvements$3,000-$3,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin BradfordExecutive DiFT$160,884$4,469$165,353
Kevin BradfordExecutive Director-$135,919$29,434$165,353
Tyrone DavisFinancial DiFT$69,145-$69,145

Board Members and Trustees

NameTitle
Autumn FinchumDirector
Cassidy KirklandDirector
Chelsey McclendonDirector
David TubervilleDirector
Don WeirDirector
Edgar BurtonDirector
Joe HavardDirector
Linda OrcuttDirector
Phil MetzingerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,263,755
Program Service Revenue
$2,688,386
Investment Income
$8,577
Other Revenue
$131,032
All Other Contributions
$1,308,424
Change in Net Assets
$328,167

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$1,264,965Average Sales Price
Total Noncash Contributions$1,264,965-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,091,750
Total Revenue per Audited Statements
$5,091,750
Total Revenue per Form 990
$5,091,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,497,947
Other Expenses$2,265,636
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,829,238--$1,829,238
Other Employee Benefits$205,676$41,595-$247,271
Current Officers, Directors, Trustees, and Key Employees$147,604$86,894-$234,498
Occupancy$198,221$15,428-$213,649
Office Expenses$182,401$16,205-$198,606
Payroll Taxes$179,305$7,635-$186,940
Depreciation Depletion$131,661$3,541-$135,202
Travel$88,096$4,880-$92,976
Fees for Services Other$84,174--$84,174
All Other Expenses$47,145$3,304-$50,449
Other Expenses$28,413$8,885-$37,298
Advertising$20,460$3,988-$24,448
Fees for Services Accounting$11,935$6,940-$18,875
Conferences and Meetings$2,773$1,462-$4,235
Fees for Services Legal-$1,125-$1,125
Total Functional Expenses$4,549,544$214,039$0$4,763,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,763,583
Total Expenses per Audited Statements$4,763,583
Total Expenses per Form 990$4,763,583
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$100,589
Lease Payable$97,682
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director and the senior director of finance. The audit committe reviews, recommends approval, and presents the 990 for approval to the board of directors at a board meeting before it is filed

Form 990, Page 6, Part VI, Line 12C

Once a year, the board members are required to review and sign the conflict of interest policy

Form 990, Page 6, Part VI, Line 15A

The executive committee reviews the ceo's performance annually in january. They review the accomplishments of the organization and the financial statements for the previous year and check the national cost of living adjustment. The ceo's salary is compared with those of other goodwill organizations

Form 990, Page 6, Part VI, Line 19

The documents are provided upon the receipt of a request

Filing and Contact Details

Filer

Filer Name
Goodwill Industries
EIN
75-2204594
Phone
9366328838
Address
301 HILL STREET, LUFKIN, TX 75904

Signing Officer

Name
Kevin Bradford
Title
Executive Director
Phone
9366328838
Signed
2023-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Bradford
Formed
1988
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
232
Volunteers
2,250

Preparer

Firm
Axley & Rode Llp
Address
PO BOX 1388, LUFKIN, TX 75902-1388
Preparer
Molly Abele CPA
Phone
9366346621
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Goodwill partners with workforce solutions deep east texas to oversee the new ccs program, which provides financial assistance for childcare to low- income families in the 12-county deep east texas region in order to help them find/retain employment and participate in training/education programs as they work to improve their lives and the lives of their children.

Form 990, Page 2, Part III, Line 4A

Donated goods retail (dgr) program: this program consists of the following: attended donation centers, traditional retail stores, an e-commerce "virtual" store, the logistics department (for moving donations, storing donations, and supporting the retail stores), and the post- retail/recycling operation. The collection & sale of donated goods produces revenue goodwill uses to provide employment-related services to the community. More importantly, however, each department in the dgr program serves as a training center where clients with disabilities and other barriers to employment gain valuable skills needed to prepare for and or integrate back into the world of work. Every team member in dgr has two roles: 1) doing the job he or she was hired to do and 2) serving as a trainer/coach for clients with disabilities & other barriers to employment while these clients received real-world on- the-job training in our dgr facilities. In 2022, goodwill served 32,600 donors and 131,618 customers through the dgr program. Goodwill recycled, and/or repurposed approximately 732,730 pounds of donations in our post-retail/recycling department. The dgr program provided 3,664,078 in revenue to support our mission. Throughout 2022, goodwill employed 232 people, including short-term, paid on-the-job training clients, with 44% of those having disabilities and/or other barriers to employment. Goodwill paid 2,322,230 in wages and benefits, including 723,884 to people with disabilities and/or other barriers to employment.

Form 990, Page 2, Part III, Line 4D

Child care services program: goodwill also partners with workforce solutions deep east texas to oversee the new ccs program, which provides financial assistance/subsidies for childcare to low-income families in the 12 county deep east texas region to help them find/retain employment and participate in training/education programs as they work to improve their lives and the lives of their children. Once approved to participate in the program, the children of eligible parents are referred to quality childcare providers for care. The ccs program also provides participating childcare providers and staff with quality assessment, training, and mentoring to assist them in improving the quality of care they provide to children and families in the ccs program. In 2022, ccs yielded the following results: a total of 4,047 new children were added to care in 2022 and 2,216 parents received subsidies for childcare in deep east texas. A total of 13,117,187 in childcare subsidies were provided to parents for quality childcare.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DI
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IRS990/MissionDesc0GOODWILL PARTNERS WITH WORKFORCE SOLUTIONS DEEP EAST TEXAS TO OVERSEE THE NEW CCS PROGRAM, WHICH PROVIDES FINANCIAL ASSISTANCE FOR CHILDCARE TO LOW- INCOME FAMILIES IN THE 12-COUNTY DEEP EAST TEXAS REGION IN ORDER TO HELP THEM FIND/RETAIN EMPLOYMENT AND PARTICIPATE IN TRAINING/EDUCATION PROGRAMS AS THEY WORK TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR CHILDREN.
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IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYMENT SVCS INCENTIVE
IRS990/ProgramServiceRevenueGrp/Desc2FEES & CONTRACT GOV AGENC
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1306636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21137
IRS990/ProgSrvcAccomActy2Grp/Desc0MISSION SERVICES PROGRAMS: THE MISSION SERVICES PROGRAM PROVIDES AN ARRAY OF SERVICES THAT PREPARE CLIENTS FOR EMPLOYMENT, INCLUDING EMPLOYMENT-RELATED TRAINING/ CERTIFICATIONS, JOB PLACEMENT AND RETENTION ASSISTANCE, AND FAMILY FINANCIAL STABILITY SERVICES, SUCH AS FINANCIAL EDUCATION, FINANCIAL COACHING AND ASSET-BUILDING SUPPORT. THESE SERVICES ARE FUNDED THROUGH THE DGR PROGRAM REVENUES, FEE-FOR-SERVICE FUNDS, PUBLIC & PRIVATE GRANTS, & DONOR CONTRIBUTIONS. IN 2022, THE MISSION SERVICES PROGRAM SERVED 6,278 INDIVIDUALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0304374
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0306636
IRS990/ProgSrvcAccomActy3Grp/Desc0CONTRACT SERVICES PROGRAM: THIS PROGRAM CREATES JOB OPPORTUNITIES FOR PEOPLE WITH DISABILITIES WHILE SIMULTANEOUSLY PROVIDING NEEDED SERVICES & PRODUCTS TO STATE & FEDERAL AGENCIES IN THE LOCAL COMMUNITIES WE SERVE. CURRENTLY, WE HAVE CONTRACTS WITH STATE GOVERNMENTAL AGENCIES WHEREBY WE HIRE PEOPLE WITH DISABILITIES TO FILL OPEN POSITIONS THEY HAVE AVAILABLE OR PROVIDE NEEDED SERVICES IN THEIR FACILITIES. IN 2022, GOODWILL EMPLOYED 127 PEOPLE WITH DISABILITIES AND OTHER BARRIERS AT THREE STATE AGENCIES IN THE REGION. THESE CLIENTS WORKED OVER 10,049 HOURS. THEY WERE PAID WAGES OF APPROXIMATELY 127,167.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01074909
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01137
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CHILD CARE SERVICES PROGRAM: GOODWILL ALSO PARTNERS WITH WORKFORCE SOLUTIONS DEEP EAST TEXAS TO OVERSEE THE NEW CCS PROGRAM, WHICH PROVIDES FINANCIAL ASSISTANCE/SUBSIDIES FOR CHILDCARE TO LOW-INCOME FAMILIES IN THE 12 COUNTY DEEP EAST TEXAS REGION TO HELP THEM FIND/RETAIN EMPLOYMENT AND PARTICIPATE IN TRAINING/EDUCATION PROGRAMS AS THEY WORK TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR CHILDREN. ONCE APPROVED TO PARTICIPATE IN THE PROGRAM, THE CHILDREN OF ELIGIBLE PARENTS ARE REFERRED TO QUALITY CHILDCARE PROVIDERS FOR CARE. THE CCS PROGRAM ALSO PROVIDES PARTICIPATING CHILDCARE PROVIDERS AND STAFF WITH QUALITY ASSESSMENT, TRAINING, AND MENTORING TO ASSIST THEM IN IMPROVING THE QUALITY OF CARE THEY PROVIDE TO CHILDREN AND FAMILIES IN THE CCS PROGRAM. IN 2022, CCS YIELDED THE FOLLOWING RESULTS: A TOTAL OF 4,047 NEW CHILDREN WERE ADDED TO CARE IN 2022 AND 2,216 PARENTS RECEIVED SUBSIDIES FOR CHILDCARE IN DEEP EAST TEXAS. A TOTAL OF 13,117,187 IN CHILDCARE SUBSIDIES WERE PROVIDED TO PARENTS FOR QUALITY CHILDCARE.
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 166,274 VENDING SALES 2,253
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$1.36$3.64$6.42$6.34$0.08
2023Summary only. Only limited summary data is available for this year.$4.05$0.49$3.56$6.31$5.32$0.99
2022Detailed filing. Detailed filing data is available for this year.$2.80$0.24$2.57$5.09$4.76$0.33
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.15$2.24$3.76$3.63$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.11$2.11$3.98$3.54$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.10$1.68$3.82$3.82$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.16$1.68$3.57$3.58$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$0.18$1.69$3.21$3.15$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.24$1.63$8.53$8.88$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.10$1.98$3.06$3.17$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.16$2.08$3.66$3.89$0.23
2013Detailed filing. Detailed filing data is available for this year.$2.38$0.07$2.32$3.39$3.26$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.08$2.19$3.16
2011Summary only. Only limited summary data is available for this year.$2.11$0.05$2.06$3.11$3.07$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $5M-$10M nonprofits