GOODWILL INDUSTRIES OF SOUTH TEXAS… - Form 990 Financial Data

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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

Principal Officer

JOHN OWEN

Phone

3618844068

Tax Period

2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF SOUTH TEXAS CONTRACT SERVICES is a small nonprofit in the Human Services sector that reported $311K in total revenue in fiscal year 2023. Revenue surged 148% from the prior year, signaling strong growth momentum.

Mission

CHANGING LIVES THROUGH THE POWER OF WORK BY PROVIDING FREE JOB TRAINING, PLACEMENT AND OTHER SUPPORT SERVICES TO PEOPLE WITH SIGNIFICANT DISABILITIES.

Program Service Accomplishments

Program 1

Expenses: $319,067 Revenue: $311,159

IN 2023, UNDER THE ABILITYONE PROGRAM CONTRACTS, GOODWILL EMPLOYED 20 PEOPLE THROUGH VARIOUS CONTRACTS INCLUDING PALLET MANUFACTURING, DOCUMENT DESTRUCTION, GROUNDS KEEPING, AND JANITORIAL SERVICE...

IN 2023, UNDER THE ABILITYONE PROGRAM CONTRACTS, GOODWILL EMPLOYED 20 PEOPLE THROUGH VARIOUS CONTRACTS INCLUDING PALLET MANUFACTURING, DOCUMENT DESTRUCTION, GROUNDS KEEPING, AND JANITORIAL SERVICE THROUGHOUT FIFTEEN COUNTIES IN SOUTH TEXAS FOR CUSTOMERS SUCH AS THE CORPUS CHRISTI ARMY DEPOT, TEXAS HEALTH AND HUMAN SERVICES, AND THE U.S. ARMY RESERVE CENTER. APPROXIMATELY 68% OF THE LABOR HOURS ON THESE CONTRACTS ARE PERFORMED BY INDIVIDUALS WITH SIGNIFICANT DISABILITIES. GOODWILL OFFERS ITS EMPLOYEES HOPE, DIGNITY, AND A FUTURE FOR THEMSELVES AND THEIR FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $311,159

Investment Income $0

Other Revenue $0

TOTAL REVENUE $311,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,067

Other Expenses $320,017

TOTAL EXPENSES $320,017

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,159	$125,234	+1.5%
Expenses	$320,017	$134,756	+1.4%
Net Income	$-8,858	$-9,522	-0.1%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN OWEN	CEO	N/A	Officer	$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
2024	No data	No data	No data	No data
2023	$311,159	$320,017	$620,555	$-8,858

GOODWILL INDUSTRIES OF SOUTH TEXAS CONTRACT SERVICES