HAGERSTOWN GOODWILL INDUSTRIES INC

EIN: 520660403 501(c)(3) Employment

HAGERSTOWN, MD

Total Revenue
$11,227,885
Total Expenses
$12,828,952
Total Assets
$19,486,819
Net Assets
$6,562,373
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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
MD
Principal Officer
DAVID SHUSTER
Phone
3017337330
Tax Period
2023-01-01 to 2023-12-31

HAGERSTOWN GOODWILL INDUSTRIES INC, founded in 1955, is a mid-sized nonprofit in the Employment sector that reported $11.2M in total revenue in fiscal year 2023. Expenses of $12.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

HORIZON GOODWILL INDUSTRIES HELPS INDIVIDUALS REALIZE AND ACHIEVE THEIR FULLEST POTENTIAL THROUGH THE DIGNITY AND POWER OF WORK. WITH OPERATIONS, PROGRAMS, AND SERVICES IN 17 COUNTIES ACROSS MARYLAND, PENNSYLVANIA, VIRGINIA, WEST VIRGINIA, WE FOCUS ON HUMAN DEVELOPMENT THAT EXPANDS THE RICHNESS OF HUMAN LIFE AND THAT IS CENTERED ON PEOPLE, THEIR OPPORTUNITIES AND CHOICES. IN THE LAST YEAR, MORE THAN 4,000 INDIVIDUALS BENEFITED FROM HORIZON GOODWILL'S MISSION OF "REMOVING BARRIERS AND CREATING OPPORTUNITIES", IMPROVING THEIR JOB SKILLS, EMPLOYABILITY, EDUCATION AND ECONOMIC SELF-SUFFICIENCY.

Program Service Accomplishments

Program 1
Expenses: $6,874,986 Revenue: $8,220,439

BUSINESS SERVICES - FROM PACKAGING, ASSEMBLY, AND FULFILLMENT TO CUSTODIAL, FACILITIES MANAGEMENT AND MAILROOM SERVICES, HORIZON GOODWILL INDUSTRIES' BUSINESS SERVICES OPERATION IS ANOTHER OF OUR...

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BUSINESS SERVICES - FROM PACKAGING, ASSEMBLY, AND FULFILLMENT TO CUSTODIAL, FACILITIES MANAGEMENT AND MAILROOM SERVICES, HORIZON GOODWILL INDUSTRIES' BUSINESS SERVICES OPERATION IS ANOTHER OF OUR SOCIAL ENTERPRISES, OPERATING AS A BUSINESS AND VENDOR TO OVER 50 FEDERAL, STATE AND COMMERCIAL ENTITIES ACROSS OUR 4 STATE REGION. WITH THE MISSION OF "REMOVING BARRIERS, CREATING OPPORTUNITIES", HORIZON GOODWILL INDUSTRIES' BUSINESS SERVICES OPERATION FOCUSES ON PUTTING PEOPLE TO WORK PROVIDING HANDS-ON PAID TRAINING TO INDIVIDUALS WITH DISABILITIES AND BARRIERS, GOODWILL'S BUSINESS SERVICES CREATES OPPORTUNITIES FOR PEOPLE TO LEARN AND GROW WHILE ON THE JOB AND HELPS THOSE NOT READY FOR COMPETITIVE EMPLOYMENT BUILD NECESSARY TECHNICAL AND SOFT SKILLS TO GET AND KEEP A JOB IN THE COMMUNITY. IN 2023, WAGES PAID TO INDIVIDUALS WITH DISABILITIES AND BARRIERS TOTALED 2.9 MILLION. BY TRAINING WITH GOODWILL, PEOPLE GAIN SECTOR SPECIFIC WORK EXPERIENCE, TECHNICAL TRAINING, JOB AND INCOME STABILITY, AND THE SOFT SKILLS NECESSARY TO BECOME MORE SELF-SUFFICIENT IN EMPLOYMENT WITH BUSINESSES IN OUR COMMUNITIES AFTER THEY GRADUATE.

Program 2
Expenses: $2,996,055 Revenue: $372,319

MISSION SERVICES - ACROSS 17 COUNTIES IN MARYLAND, PENNSYLVANIA, VIRGINIA AND WEST VIRGINIA, HORIZON GOODWILL INDUSTRIES IS DEDICATED TO PUTTING PEOPLE TO WORK AND OFFERS FREE JOB TRAINING AND JOB...

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MISSION SERVICES - ACROSS 17 COUNTIES IN MARYLAND, PENNSYLVANIA, VIRGINIA AND WEST VIRGINIA, HORIZON GOODWILL INDUSTRIES IS DEDICATED TO PUTTING PEOPLE TO WORK AND OFFERS FREE JOB TRAINING AND JOB SEEKING SERVICES TO INDIVIDUALS IN OUR COMMUNITIES WHO WANT TO WORK BUT STRUGGLE TO FIND IT OUR MISSION SERVICES DIVISION PROVIDES INDIVIDUALIZED CASE MANAGEMENT, PAID WORK EXPERIENCES, JOB OR CAREER DEVELOPMENT, AND CONNECTIONS TO SERVICES THAT ADDRESS CRITICAL NEEDS AS FOOD, HOUSING, AND MENTAL HEALTH. GOODWILL'S EMPLOYMENT PROGRAMS, EDUCATIONAL PARTNERSHIPS AND RELATED SUPPORT SERVICES INCREASE AN INDIVIDUAL'S CONFIDENCE, THEIR ABILITY TO NAVIGATE CHANGE AND THEIR OVERALL EMPLOYABILITY. OUR CUSTOMIZED PROGRAMS AND SERVICES ARE DESIGNED TO HELP INDIVIDUALS WITH BARRIERS TO EMPLOYMENT RE-ESTABLISH A WORK AND EARNINGS HISTORY, DEVELOP JOB AND LIFE SKILLS, AND ENHANCE THEIR FINANCIAL, SOCIAL AND EDUCATIONAL CIRCUMSTANCES. HORIZON GOODWILL SERVES INDIVIDUALS WITH BARRIERS TO EMPLOYMENT SUCH AS LACK OF TRANSPORTATION OR CHILD CARE, LACK OF CIVILIAN WORK EXPERIENCE FOR VETERANS, CHEMICAL DEPENDENCY, CRIMINAL BACKGROUND, AND EMOTIONAL, COGNITIVE AND/OR PHYSICAL DISABILITIES. IN 2023, HORIZON GOODWILL PLACED 363 INDIVIDUALS IN JOBS ACROSS 4 STATES WITH AN AVERAGE STARTING WAGE OF 15.89 PER HOUR, WORKING AN AVERAGE OF 33 HOURS PER WEEK. HORIZON GOODWILL ALSO HELPED PLACE 117 INDIVIDUALS INTO PERMANENT HOUSING ACROSS THE 4 STATE TERRITORY.

Program 3

CONTRIBUTED GOODS PRODUCTION - DONATED GOODS ARE COLLECTED AND PROCESSED GIVING CLIENTS, WITH DISABILITIES AND DISADVANTAGING CONDITIONS, AN OPPORTUNITY TO LEARN JOB SKILLS, DISCIPLINE AND DEVELOP...

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CONTRIBUTED GOODS PRODUCTION - DONATED GOODS ARE COLLECTED AND PROCESSED GIVING CLIENTS, WITH DISABILITIES AND DISADVANTAGING CONDITIONS, AN OPPORTUNITY TO LEARN JOB SKILLS, DISCIPLINE AND DEVELOP SELF-CONFIDENCE. THE GOODS ARE SOLD IN THE ORGANIZATIONS RETAIL STORES AND DIRECT EXPENSES ARE REPORTED AS COST OF GOODS SOLD.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,425,735
Program Service Revenue $8,592,758
Investment Income $23,652
Other Revenue $185,740
TOTAL REVENUE $11,227,885

Expense Breakdown

Grants Paid $491,258
Salaries & Benefits $8,486,669
Fundraising Expenses $0
Program Expenses $9,871,041
Other Expenses $3,851,025
TOTAL EXPENSES $12,828,952

Year-over-Year Comparison

2023 2022 Change
Revenue $11,227,885 $11,285,110 0.0%
Expenses $12,828,952 $11,699,930 +0.1%
Net Income $-1,601,067 $-414,820 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
15
Employees
199
Volunteers
48

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
6
$344,606
Total Directors
16
$202,560
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SHUSTER EXECUTIVE DI 40.00
Officer Director
$194,520 $8,040 $202,560
SHARON AHRENS CHIEF BUSINE 40.00
Officer
$135,066 $6,980 $142,046
SILA ALEGRET-BARTEL DIRECTOR 1.00
Director
$0 $0 $0
MIKE BARD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BIBY DIRECTOR 1.00
Director
$0 $0 $0
RON BOWERS SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN GRIMES DIRECTOR 1.00
Director
$0 $0 $0
DOLORES HARMON DIRECTOR 1.00
Director
$0 $0 $0
HEATHER HURST DIRECTOR 1.00
Director
$0 $0 $0
JOHN KROWKA DIRECTOR 1.00
Director
$0 $0 $0
MARION MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
KRISTA MURR DIRECTOR 1.00
Director
$0 $0 $0
BILL PROCTOR DIRECTOR 1.00
Director
$0 $0 $0
JOSH REPAC TREASURER 1.00
Director
$0 $0 $0
SARAH ROCK VICE CHAIRPE 2.00
Officer Director
$0 $0 $0
DUSTIN WATSON PAST CHAIRPE 2.00
Officer Director
$0 $0 $0
MICHAEL ZAMPELLI CHAIRPERSON 2.00
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
2024 No data No data No data No data
2023 $11,227,885 $12,828,952 $19,486,819 $-1,601,067
2022 $11,285,110 $11,699,930 $19,481,724 $-414,820
2021 $13,438,642 $11,885,116 $19,941,303 $1,553,526
2020 $11,159,365 $11,615,877 $19,034,598 $-456,512
2019 $13,041,480 $13,045,834 $10,590,197 $-4,354
2018 $21,502,688 $22,325,713 $10,797,266 $-823,025
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