Civic Intelligence

Hgi Stores and Services Inc

EIN 81-3351778 • 501(c)3 • Hagerstown, MD

Profile

The mission of hgi stores and services, inc. Is to provide workforce to horizon goodwill industries, a supported organization.

14515 Pennsylvania AvenueHagerstown, MD 21742

www.horizongoodwill.org

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

37th percentile

0.5%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $10M-$25M 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

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2024

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2024

Assets

Up

$472,937

Up $60,000 (+15%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$472,937

Up $60,000 (+15%) from 2023

Revenue

Up

$12,526,961

Up $290,292 (+2.4%) from 2023

Expenses

Up

$12,466,961

Up $290,292 (+2.4%) from 2023

Net Income

Flat

$60,000

Flat from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $56,377Liabilities 2017: $3,441Net Assets 2017: $52,9362017Assets 2018: $112,937Liabilities 2018: $0Net Assets 2018: $112,9372018Assets 2019: $172,937Liabilities 2019: $0Net Assets 2019: $172,9372019Assets 2020: $232,937Liabilities 2020: $0Net Assets 2020: $232,9372020Assets 2021: $292,936Liabilities 2021: $0Net Assets 2021: $292,9362021Assets 2022: $352,937Liabilities 2022: $0Net Assets 2022: $352,9372022Assets 2023: $412,937Liabilities 2023: $0Net Assets 2023: $412,9372023Assets 2024: $472,937Liabilities 2024: $0Net Assets 2024: $472,9372024

Highlighted filing

2024

Assets$472,937
Liabilities$0
Net Assets$472,937

Operations Trend

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

$15M$10M$5.0M$0Revenue 2017: $4,906,277Expenses 2017: $4,853,341Net Income 2017: $52,9362017Revenue 2018: $6,535,435Expenses 2018: $6,475,434Net Income 2018: $60,0012018Revenue 2019: $7,244,892Expenses 2019: $7,184,892Net Income 2019: $60,0002019Revenue 2020: $7,033,787Expenses 2020: $6,973,787Net Income 2020: $60,0002020Revenue 2021: $9,218,264Expenses 2021: $9,158,264Net Income 2021: $60,0002021Revenue 2022: $10,469,553Expenses 2022: $10,409,553Net Income 2022: $60,0002022Revenue 2023: $12,236,669Expenses 2023: $12,176,669Net Income 2023: $60,0002023Revenue 2024: $12,526,961Expenses 2024: $12,466,961Net Income 2024: $60,0002024

Highlighted filing

2024

Revenue$12,526,961
Expenses$12,466,961
Net Income$60,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.0
Gross Receipts
$12,526,961
Mission and Program Overview

Mission

The mission of hgi stores and services, inc. Is to provide workforce to horizon goodwill industries, a supported organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,933$66,955▲ $65,022
Total Assets$412,937$472,937▲ $60,000
Other Assets Total$411,004$405,982▼ $5,022
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$412,937$472,937▲ $60,000
Total Net Assets Fund Balance$412,937$472,937▲ $60,000
Total Liabilities and Net Assets / Fund Balance$412,937$472,937▲ $60,000

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$405,982--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
David ShusterExecutive DiFT$208,676$208,676
Stephen BledsoeCFOFT$117,212$117,212

Board Members and Trustees

NameTitle
Michael ZampelliChairperson
Dustin WatsonPast Chairpe
Sarah RockVice Chairpe
April CrohaneDirector
Bill ProctorDirector
Chris BibyDirector
Dr Heather HurstDirector
Dr John KrowkaDirector
Jason CraigDirector
Krista MurrDirector
Laura LowryDirector
Marion MitchellDirector
Mike BardDirector
Ron BowersDirector
Sila Alegret-bartelDirector
Silvia FrankDirector
David ShusterExecutive Director
Susan GrimesSecretary
Josh RepacTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,466,961
Investment Income
$0
Other Revenue
$60,000
Change in Net Assets
$60,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,526,961
Total Revenue per Audited Statements
$12,526,961
Total Revenue per Form 990
$12,526,961
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,161,259
Other Expenses$305,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,217,752--$11,217,752
Payroll Taxes$838,595--$838,595
Information Technology$303,015--$303,015
Pension Plan Contributions$104,912--$104,912
Office Expenses$2,687--$2,687
Total Functional Expenses$12,466,961$0$0$12,466,961

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,466,961
Total Expenses per Audited Statements$12,466,961
Total Expenses per Form 990$12,466,961
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
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Once the organization receives the completed 990, the director of accounting and finance reviews the financial portion of the 990. The form 990 is then forwarded to the finance committee, who reviews all aspects and approves. The entire governing board receives a copy before mailing, and reviews the document at its next meeting.

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

Each board member completes the statement annually. Any statement made regarding a conflict is then reviewed and considered individually by the executive director and board chair, and all attempts are made to avoid any possible conflicts of interest in the meetings and conducting of business relationships.

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

The organization's top officials are compensated by hagerstown goodwill industries,inc., the supported organization.

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

All other officers and key employees are also compensated by hagerstown goodwill industries,inc., the supported organization.

Form 990, Page 6, Part VI, Line 19

The organization will provide copies of its governing documents, and conflict of interest policy to individuals who request them. Audited financial statements are also made available on the website of hagerstown goodwill industries, inc., the supported organization.

Filing and Contact Details

Filer

Filer Name
Hgi Stores and Services Inc
EIN
81-3351778
Phone
3017337330
Address
14515 PENNSYLVANIA AVENUE, HAGERSTOWN, MD 21742

Signing Officer

Name
David Shuster
Title
Executive Director
Phone
3017337330
Signed
2025-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Shuster
Formed
2016
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
14
Employees
809
Volunteers
50

Preparer

Firm
Smith Elliott Kearns & Company LLC
Address
19405 EMERALD SQUARE STE 1400, HAGERSTOWN, MD 21742
Preparer
Kelly T Smith CPA
Phone
3017335020
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization follows the fasb accounting standards codification, which provides guidance on accounting for uncertainty in income taxes recongnized in an enterpirse's financial statements. The organization's policy is to charge penalties and interest to income tax expense as incurred. The organization's federal and state income tax returns are subject to examination by the internal revenue service and state authorities, generally for a period of three years after the returns are filed.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0HGI STORES AND SERVICES, INC., A NOT-FOR PROFIT ORGANIZATION, WAS CREATED IN ORDER TO MORE EFFECTIVELY SEGREGATE HAGERSTOWN GOODWILL INDUSTRIES, INC.'S (THE SUPPORTED ORGANIZATION) COSTS ASSOCIATED WITH ABILITY ONE CONTRACTS. HGI STORES AND SERVICES, INC. FURNISHES LABOR FOR THE DONATED GOODS RETAIL PROGRAM, CONTRACTS, AND FLEXIBLE WORK ENGAGEMENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECONGNIZED IN AN ENTERPIRSE'S FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO CHARGE PENALTIES AND INTEREST TO INCOME TAX EXPENSE AS INCURRED. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE METHOD'S USED TO ESTABLISH THE COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR ARE A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR IS DETERMINED BY AND PAID BY HAGERSTOWN GOODWILL INDUSTRIES, INC., A RELATED ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONCE THE ORGANIZATION RECEIVES THE COMPLETED 990, THE DIRECTOR OF ACCOUNTING AND FINANCE REVIEWS THE FINANCIAL PORTION OF THE 990. THE FORM 990 IS THEN FORWARDED TO THE FINANCE COMMITTEE, WHO REVIEWS ALL ASPECTS AND APPROVES. THE ENTIRE GOVERNING BOARD RECEIVES A COPY BEFORE MAILING, AND REVIEWS THE DOCUMENT AT ITS NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER COMPLETES THE STATEMENT ANNUALLY. ANY STATEMENT MADE REGARDING A CONFLICT IS THEN REVIEWED AND CONSIDERED INDIVIDUALLY BY THE EXECUTIVE DIRECTOR AND BOARD CHAIR, AND ALL ATTEMPTS ARE MADE TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST IN THE MEETINGS AND CONDUCTING OF BUSINESS RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S TOP OFFICIALS ARE COMPENSATED BY HAGERSTOWN GOODWILL INDUSTRIES,INC., THE SUPPORTED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OTHER OFFICERS AND KEY EMPLOYEES ARE ALSO COMPENSATED BY HAGERSTOWN GOODWILL INDUSTRIES,INC., THE SUPPORTED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY TO INDIVIDUALS WHO REQUEST THEM. AUDITED FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE ON THE WEBSITE OF HAGERSTOWN GOODWILL INDUSTRIES, INC., THE SUPPORTED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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