LICKING-KNOX GOODWILL INDUSTRIES INC (EIN 310921782) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

TIMOTHY YOUNG

Phone

7403459861

Tax Period

2024-01-01 to 2024-12-31

LICKING-KNOX GOODWILL INDUSTRIES INC, founded in 1977, is a mid-sized nonprofit that reported $12.2M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $10.9M left a modest 10% surplus.

Mission

TO PROVIDE TRAINING, EMPLOYMENT AND SUPPORT SERVICES TO INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $87,738

Program Service Revenue $10,755,819

Investment Income $1,197,201

Other Revenue $112,412

TOTAL REVENUE $12,153,170

Expense Breakdown

Grants Paid $32,979

Salaries & Benefits $8,629,398

Fundraising Expenses $0

Program Expenses $8,734,401

Other Expenses $2,258,713

TOTAL EXPENSES $10,921,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,153,170	$9,626,313	+0.3%
Expenses	$10,921,090	$7,832,488	+0.4%
Net Income	$1,232,080	$1,793,825	-0.3%

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

Governance

Voting Members

Independent Members

Employees

397

Volunteers

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

$640,468

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIO VALLADARES	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DAVID BIBLER	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
SHAWNA HUMES	TREASURER	1.00	Officer Director	$0	$0	$0
RODNEY NELSON	SECRETARY	1.00	Officer Director	$0	$0	$0
LYNN FAWCETT	TRUSTEE	1.00	Director	$0	$0	$0
JAYME BLACKSTONE	TRUSTEE	1.00	Director	$0	$0	$0
TYLER GRIFFITH	TRUSTEE	1.00	Director	$0	$0	$0
ELLEN NIXON	TRUSTEE	1.00	Director	$0	$0	$0
ROSS WEINBURG	TRUSTEE	1.00	Director	$0	$0	$0
MELISSA FLEMING	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH YODER	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS CLINE	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY YOUNG	CEO/PRESIDENT	10.00	Officer	$392,945	$15,494	$408,439
DAVID SEIMETZ	VP OF BUSINESS SERVICES	10.00	Officer	$107,168	$882	$108,050
LISA BAKER	VP OF COMMUNICATIONS	10.00	Officer	$108,880	$15,099	$123,979

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
2024	$12,153,170	$10,921,090	$33,916,387	$1,232,080
2023	$9,626,313	$7,832,488	$31,042,594	$1,793,825
2022	$11,260,032	$10,642,253	$27,285,059	$617,779
2021	$11,919,776	$9,967,909	$29,536,881	$1,951,867
2020	$11,885,033	$10,066,351	$26,457,412	$1,818,682
2019	$11,476,422	$10,146,924	$24,066,298	$1,329,498
2018	$10,854,117	$9,317,860	$20,383,978	$1,536,257

LICKING-KNOX GOODWILL INDUSTRIES INC