DAVIS MEMORIAL GOODWILL INDUSTRIES

EIN: 530196588 501(c)(3) Employment

WASHINGTON, DC

Total Revenue
$81,289,662
Total Expenses
$79,685,905
Total Assets
$99,551,568
Net Assets
$21,958,216
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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
DC
Principal Officer
CATHERINE A MELOY
Phone
2026364225
Tax Period
2024-01-01 to 2024-12-31

DAVIS MEMORIAL GOODWILL INDUSTRIES, founded in 1935, is a mid-sized nonprofit in the Employment sector that reported $81.3M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

GOODWILL OF GREATER WASHINGTON'S MISSION IS TO TRANSFORM LIVES AND COMMUNITIES THROUGH THE POWER OF EDUCATION AND EMPLOYMENT. GOODWILL PROVIDES FREE JOB TRAINING AND EMPLOYMENT SERVICES TO PEOPLE WITH DISADVANTAGES, DISABILITIES OR OTHER BARRIERS TO EMPLOYMENT THROUGHOUT THE GREATER WASHINGTON, DC METROPOLITAN REGION.

Program Service Accomplishments

Program 1
Expenses: $59,015,081

DONATED GOODS: IN 2024, GOODWILL OF GREATER WASHINGTON OPERATED 22 RETAIL STORES, 21 DONATION CENTERS, AND TWO WAREHOUSES THAT ARE CENTRAL TO THE FULFILLMENT OF GOODWILL'S MISSION TO PROVIDE JOBS...

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DONATED GOODS: IN 2024, GOODWILL OF GREATER WASHINGTON OPERATED 22 RETAIL STORES, 21 DONATION CENTERS, AND TWO WAREHOUSES THAT ARE CENTRAL TO THE FULFILLMENT OF GOODWILL'S MISSION TO PROVIDE JOBS, JOB TRAINING, EDUCATION, AND EMPLOYMENT SERVICES FOR PEOPLE WITH DISADVANTAGES AND DISABILITIES. CONTINUED ON SCHEDULE O. IN 2024, MORE THAN $57.4 MILLION WORTH OF GENTLY USED CLOTHING, FURNITURE, AND OTHER HOUSEHOLD GOODS WERE SORTED, PRICED, AND SOLD IN GOODWILL'S 22 RETAIL LOCATIONS PLUS ONLINE, SAVING OUR CUSTOMERS HUNDREDS OF THOUSANDS OF DOLLARS ON QUALITY, LOW-COST GOODS, WHILE PROVIDING THE REVENUE NECESSARY TO FUND OUR CRITICAL JOB TRAINING, EDUCATION, AND EMPLOYMENT PROGRAMS AND SERVICES. IN 2024, MORE THAN 2.6 MILLION TRANSACTIONS WERE MADE IN OUR BRICK-AND-MORTAR STORES AND OVER 120,000 ONLINE. ADDITIONALLY, MORE THAN 1,050,590 GENEROUS DONATIONS WERE RECEIVED, KEEPING MORE THAN 48.3 MILLION POUNDS OF MATERIAL OUT OF AREA LANDFILLS. GOODWILL STORES ARE ALSO A SOURCE OF MISSION FULFILLMENT. WE DON'T JUST PROVIDE JOB TRAINING TO PEOPLE WITH BARRIERS TO EMPLOYMENT; WE ALSO EMPLOY THEM. MANY OF GOODWILL'S RETAIL AND DONATED GOODS TEAM MEMBERS HAVE OVERCOME SIGNIFICANT CHALLENGES AND OBSTACLES TO FIND SUCCESS IN THEIR WORK.

Program 2
Expenses: $11,490,747 Revenue: $14,368,018

CONTRACTS: ONE OF GOODWILL OF GREATER WASHINGTON'S MOST SUCCESSFUL BUSINESS AND MISSION FULFILLMENT OPERATIONS IS ITS CONTRACT SERVICES DIVISION. IN 2024, UNDER THE ABILITY ONE PROGRAM AND COMMERCIAL...

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CONTRACTS: ONE OF GOODWILL OF GREATER WASHINGTON'S MOST SUCCESSFUL BUSINESS AND MISSION FULFILLMENT OPERATIONS IS ITS CONTRACT SERVICES DIVISION. IN 2024, UNDER THE ABILITY ONE PROGRAM AND COMMERCIAL CONTRACTS, GOODWILL EMPLOYED 207 PEOPLE IN ITS 9 FEDERAL CONTRACT SITES THROUGHOUT THE DC AREA CLEANING MORE THAN 3 MILLION SQUARE FEET AT BUILDINGS INCLUDING THE BUREAU OF ENGRAVING & PRINTING, THE NATIONAL GALLERY OF ART, SENATE OFFICE BUILDING, BOLLING AIR FORCE BASE, AND THE U.S. GEOLOGICAL SURVEY. CONTINUED ON SCHEDULE O. APPROXIMATELY 79% OF ALL THE LABOR HOURS PERFORMED ON THESE CONTRACTS ARE PERFORMED BY INDIVIDUALS WITH SIGNIFICANT DISABILITIES, AND THE AVERAGE HOURLY WAGE, WITH BENEFITS, FOR ALL CONTRACTS TEAM MEMBERS WAS $22.80/HOUR. GOODWILL PROVIDES CUSTODIAL, GROUNDS MAINTENANCE, AND GLASSWARE CLEANING SERVICES TO GOVERNMENT AND COMMERCIAL FACILITIES. GOODWILL OFFERS ITS TEAM MEMBERS HOPE, DIGNITY, AND A FUTURE FOR THEMSELVES AND THEIR FAMILIES.

Program 3
Expenses: $2,048,111 Revenue: $2,756,860

WORKFORCE DEVELOPMENT: IN 2024, GOODWILL OF GREATER WASHINGTON'S MISSION IMPACT TEAM PROVIDED WORKFORCE DEVELOPMENT SERVICES TO 2,664 PEOPLE THROUGHOUT THE GREATER WASHINGTON, DC REGION. THESE...

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WORKFORCE DEVELOPMENT: IN 2024, GOODWILL OF GREATER WASHINGTON'S MISSION IMPACT TEAM PROVIDED WORKFORCE DEVELOPMENT SERVICES TO 2,664 PEOPLE THROUGHOUT THE GREATER WASHINGTON, DC REGION. THESE CRITICAL SERVICES WERE FUNDED THROUGH THE REVENUE GENERATED BY GOODWILL'S CONTRACTS OPERATIONS, THE DONATIONS SOLD AT GOODWILL'S 22 AREA RETAIL STORES AND ONLINE, AND THROUGH THE GENEROUS FINANCIAL SUPPORT OF OUR INDIVIDUAL AND CORPORATE DONORS. CONTINUED ON SCHEDULE O. THE COMMUNITY DEMAND FOR WORKFORCE DEVELOPMENT SERVICES CONTINUES TO GROW AND EVOLVE DUE TO THE RECOGNITION OF GOODWILL'S SUCCESS IN TRAINING, EDUCATING, AND HIRING PEOPLE WHO HAVE BEEN MOST CHALLENGED IN FINDING EMPLOYMENT ON THEIR OWN. THE POPULATIONS GOODWILL SERVES ARE VERY DIVERSE AND FACE A VARIETY OF BARRIERS TO EMPLOYMENT. THEY MAY HAVE PHYSICAL, EMOTIONAL, DEVELOPMENTAL, OR OTHER DISABLING CONDITIONS; OR THEY MAY LACK AN EDUCATION OR ENGLISH PROFICIENCY. SOME OF THE PEOPLE GOODWILL SERVES ARE JUSTICE SYSTEM INVOLVED AND TRYING TO REBUILD THEIR LIVES. OTHERS, PARTICULARLY WOMEN, HAVE HAD DIFFICULTY IN KEEPING STEADY EMPLOYMENT DUE TO THE CHALLENGES OF CARING FOR DEPENDENTS. THE ONE CONSISTENT BARRIER FACED BY ALL THE PEOPLE WHO WALK THROUGH GOODWILL'S DOORS IS A LACK OF MARKETABLE JOB SKILLS. THAT'S WHY THE COMMUNITY IMPACT TEAM PROVIDES JOB COACHING, CAREER DEVELOPMENT, AND RETENTION SERVICES. THESE SERVICES HELP INDIVIDUALS WITH DISADVANTAGES AND DISABILITIES ENTER OR RE-ENTER THE WORKFORCE WITH CONFIDENCE AND DIGNITY, WHILE HELPING THEM GROW IN THEIR CAREERS. TO FURTHER ADDRESS THE NEEDS OF THE UNDERSERVED IN THE COMMUNITY, GOODWILL OF GREATER WASHINGTON OPENED THE GOODWILL EXCEL CENTER, PUBLIC CHARTER SCHOOL IN 2016. THE EXCEL CENTER IS WASHINGTON, DC'S FIRST ADULT CHARTER HIGH SCHOOL TO OFFER A HIGH SCHOOL DIPLOMA, RATHER THAN A GED, AS WELL AS INDUSTRY-RECOGNIZED CERTIFICATIONS TO DC RESIDENTS WHO HAVE NOT COMPLETED THEIR HIGH SCHOOL EDUCATION. WITH APPROXIMATELY 60,000 ADULT DC RESIDENTS LACKING A HIGH SCHOOL DIPLOMA OR THE EQUIVALENT, THE NEED IS GREAT. IN 2024 THE GOODWILL EXCEL CENTER ENROLLED 835 STUDENTS AND GRADUATED 115. GOODWILL'S PRIMARY GOAL AT THE SCHOOL, AS WELL AS WITH ALL WORKFORCE DEVELOPMENT PROGRAMS, IS TO MATCH THE SKILLS, INTERESTS, AND WORK PREFERENCES OF THE STUDENTS TO THE NEEDS OF LOCAL EMPLOYERS WHO OFFER SUSTAINABLE WAGES. THIS IS ACCOMPLISHED THROUGH AN INDIVIDUALIZED EDUCATIONAL AND/OR EMPLOYMENT PLAN, MOCK INTERVIEWS, CAREER ASSESSMENTS, INTERNSHIPS, WORK TRIALS, AND OTHER DISCOVERY STRATEGIES.GOODWILL OF GREATER WASHINGTON IS ALSO PLACING A GREATER EMPHASIS ON PROVIDING CAREER ENHANCEMENT AND SUPPORTIVE SERVICES TO ITS OWN TEAM MEMBERS MANY OF WHOM FACE SIMILAR BARRIERS TO THE POPULATIONS SERVED THROUGH GOODWILL'S JOB TRAINING PROGRAMS. GOODWILL'S RISE COACHING PROGRAM PROVIDES TEAM MEMBERS WITH ACCESS TO COMMUNITY SERVICES AND RESOURCES THAT CAN HELP THEM OVERCOME PERSONAL BARRIERS SUCH AS TRANSPORTATION, HOUSING, FINANCIAL MANAGEMENT OR CHILDCARE. IN 2024, 979 GOODWILL EMPLOYEES RECEIVED FREE LEARNING AND DEVELOPMENT SERVICES TO ASSIST THEM IN ACHIEVING THEIR PERSONAL AND PROFESSIONAL GOALS. ADDITIONALLY, THROUGH GOODWILL'S TRAC (THE RISE ACADEMY) CAREER DEVELOPMENT PROGRAM, GOODWILL PREPARES ITS TEAM MEMBERS FOR CAREER GROWTH AND ADVANCEMENT INSIDE OR OUTSIDE OF GOODWILL. LAST YEAR, 177 GOODWILL TEAM MEMBERS RECEIVED FREE CAREER TRAINING PROGRAMS AND SERVICES.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,319,490
Program Service Revenue $17,124,878
Investment Income $176,520
Other Revenue $44,668,774
TOTAL REVENUE $81,289,662

Expense Breakdown

Grants Paid $0
Salaries & Benefits $48,821,408
Fundraising Expenses $1,105,722
Program Expenses $73,228,718
Other Expenses $30,864,497
TOTAL EXPENSES $79,685,905

Year-over-Year Comparison

2024 2023 Change
Revenue $81,289,662 $75,074,293 +0.1%
Expenses $79,685,905 $69,346,411 +0.1%
Net Income $1,603,757 $5,727,882 -0.7%
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
1264
Volunteers
15

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
$906,470
Total Directors
17
$616,406
Key Employees
1
$264,478
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN JACOBS CHAIR 1.00
Officer Director
$0 $0 $0
GHADA IJAM VICE CHAIR & TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL KOTTER SECRETARY 1.00
Officer Director
$0 $0 $0
GLEN S HOWARD GOVERNANCE CHAIR 1.00
Officer Director
$0 $0 $0
MARY BRADY DIRECTOR AS OF 09/2024 1.00
Director
$0 $0 $0
RICK CRUZ DIRECTOR UNTIL 12/2024 1.00
Director
$0 $0 $0
JOHN GOODMAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
FREDERICK HUMPHRIES DIRECTOR 1.00
Director
$0 $0 $0
DEBBI JARVIS DIRECTOR 1.00
Director
$0 $0 $0
DONALD BLUE JENKINS DIRECTOR 1.00
Director
$0 $0 $0
SOLOMON KEENE DIRECTOR 1.00
Director
$0 $0 $0
EVELYN LEE DIRECTOR 1.00
Director
$0 $0 $0
JAMES MACGREGOR DIRECTOR 1.00
Director
$0 $0 $0
LISA MALLORY DIRECTOR 1.00
Director
$0 $0 $0
JOSH THOMAS DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE A MELOY PRESIDENT & CEO 40.00
Officer Director
$582,302 $34,104 $616,406
JEFFREY ROSTAND CHIEF FINANCIAL OFFICER 40.00
Officer
$256,350 $33,714 $290,064
COLLEEN PALETTA CHIEF INTEGRATION OFFICER 40.00
Key Emp
$252,613 $11,865 $264,478
RICHARD J COLE CHIEF OF EXPANSION 32.00
Highest
$221,609 $22,286 $299,297
BRENDAN HURLEY CHIEF OF COLLAB., COMM., & MKTG. 40.00
Highest
$251,902 $11,865 $263,767
ROSA PROCTOR CFO EMERITUS 40.00
Highest
$227,072 $10,603 $237,675
JANECE KLEBEN CHIEF COMMUNITY IMPACT OFFICER 40.00
Highest
$225,185 $8,661 $233,846
STEVEN GELFOUND VP, TECHNOLOGY & INFRASTRUCTURE 40.00
Highest
$215,235 $2,063 $217,298
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 $81,289,662 $79,685,905 $99,551,568 $1,603,757
2023 $75,074,293 $69,346,411 $78,951,988 $5,727,882
2022 $67,334,398 $64,616,512 $79,111,900 $2,717,886
2021 $64,782,996 $59,747,662 $34,899,892 $5,035,334
2020 $46,197,376 $52,566,068 $30,677,429 $-6,368,692
2019 $59,138,522 $56,151,299 $33,560,688 $2,987,223
2018 $52,647,394 $50,905,238 $25,036,630 $1,742,156
2018 $52,647,394 $50,905,238 $25,036,630 $1,742,156
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