GOODWILL INDUSTRIES OF SOUTHERN NEW JERSEY & PHILADELPHIA

EIN: 210681239 501(c)(3) Employment

MAPLE SHADE, NJ

Total Revenue
$71,212,543
Total Expenses
$72,550,301
Total Assets
$76,273,000
Net Assets
$19,339,360
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
NJ
Principal Officer
Mark Boyd
Phone
8564390200
Tax Period
2024-07-01 to 2025-06-30

GOODWILL INDUSTRIES OF SOUTHERN NEW JERSEY & PHILADELPHIA, founded in 1948, is a mid-sized nonprofit in the Employment sector that reported $71.2M in total revenue in fiscal year 2024.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,546,397
Program Service Revenue $3,529,156
Investment Income $189,426
Other Revenue $14,947,564
TOTAL REVENUE $71,212,543

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,093,652
Fundraising Expenses $303,148
Program Expenses $67,801,344
Other Expenses $30,456,649
TOTAL EXPENSES $72,550,301

Year-over-Year Comparison

2024 2023 Change
Revenue $71,212,543 $68,893,134 +0.0%
Expenses $72,550,301 $67,835,024 +0.1%
Net Income $-1,337,758 $1,058,110 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
14
Employees
1528
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$1,278,755
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Boyd President 40.00
Officer
$482,040 $85,645 $567,685
Michael Shaw Chief Operating Officer 40.00
Officer
$301,959 $66,259 $368,218
Stephen Castro Chief Financial Officer 40.00
Officer
$271,929 $70,923 $342,852
Thomas Pacek Chair 1.00
Officer Director
$0 $0 $0
Ryan Peters Past Chair 1.00
Officer Director
$0 $0 $0
Ali Houshmand Vice Chair 1.00
Officer Director
$0 $0 $0
Frank Giordano Secretary 1.00
Officer Director
$0 $0 $0
John Nihill Treasurer 1.00
Officer Director
$0 $0 $0
Joseph Clarke Trustee 1.00
Director
$0 $0 $0
Pamela Cyr Trustee 1.00
Director
$0 $0 $0
Robert Falconiero Trustee 1.00
Director
$0 $0 $0
Robert T Healey Jr Trustee 1.00
Director
$0 $0 $0
Pam Hisler Trustee 1.00
Director
$0 $0 $0
Gregory Montanaro Trustee 1.00
Director
$0 $0 $0
Christopher Olivia Trustee 1.00
Director
$0 $0 $0
Francis Schickling Jr Trustee 1.00
Director
$0 $0 $0
Dan Silvestri Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $71,212,543 $72,550,301 $76,273,000 $-1,337,758
2024 $68,893,134 $67,835,024 $68,545,211 $1,058,110
2023 $66,939,998 $63,535,771 $70,684,907 $3,404,227
2022 $62,057,476 $56,821,848 $28,089,461 $5,235,628
2021 $55,457,544 $47,877,072 $21,930,071 $7,580,472
2020 $36,391,553 $42,940,524 $18,434,699 $-6,548,971
2019 $40,638,414 $38,271,908 $16,850,745 $2,366,506
2018 $35,584,266 $34,611,568 $13,831,428 $972,698
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