Goodwill Contracting Services co Goodwill of Olympic & Rainier Region

EIN: 260017283 501(c)(3)

Tacoma, WA

Total Revenue
$28,178
Total Expenses
$75,096
Total Assets
$1,153,950
Net Assets
$1,152,350
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
WA
Principal Officer
Jim Hines
Phone
2535736500
Tax Period
2022-10-01 to 2023-09-30

Goodwill Contracting Services co Goodwill of Olympic & Rainier Region, founded in 2002, is a micro nonprofit that reported $28K in total revenue in fiscal year 2022. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $75K exceeded revenue, resulting in a 167% operating deficit.

Mission

Goodwill Contracting Services seeks to provide jobs and job advancement for individuals with disabilities to facilitate their participation in society.

Program Service Accomplishments

Program 1
Expenses: $2,566

Goodwill Contracting Services provides food services to military personnel at Joint Base Lewis McChord and currently employs no individuals at this time pending pursuit of government contract at...

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Goodwill Contracting Services provides food services to military personnel at Joint Base Lewis McChord and currently employs no individuals at this time pending pursuit of government contract at Joint Base Lewis McChord.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $28,178
Other Revenue $0
TOTAL REVENUE $28,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,566
Other Expenses $75,096
TOTAL EXPENSES $75,096

Year-over-Year Comparison

2022 2021 Change
Revenue $28,178 $632,934 -1.0%
Expenses $75,096 $983,134 -0.9%
Net Income $-46,918 $-350,200 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
28
Volunteers
3

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
4
$7,345
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lori Forte Harnick CEO 0.50
Officer
$3,459 $386 $3,845
Anne Porter CFO 0.75
Officer
$3,365 $135 $3,500
Jim Hines President/Chair 0.25
Officer Director
$0 $0 $0
Ken Lamb Secretary/Treas 0.25
Officer 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
2023 $28,178 $75,096 $1,153,950 $-46,918
2022 $632,934 $983,134 $1,204,706 $-350,200
2021 $1,340,183 $1,090,800 $1,652,683 $249,383
2020 $1,357,233 $1,066,052 $1,455,853 $291,181
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