GOODWILL INDUSTRIES OF KANAWHA VALLEY INC

EIN: 550380828 501(c)(3)

CHARLESTON, WV

Total Revenue
$36,472,181
Total Expenses
$35,740,227
Total Assets
$38,255,431
Net Assets
$24,987,564
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
WV
Principal Officer
DANIEL OWEN
Phone
3043460811
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF KANAWHA VALLEY INC, founded in 1961, is a mid-sized nonprofit that reported $36.5M in total revenue in fiscal year 2023.

Mission

GOODWILL INDUSTRIES PROVIDES WORKFORCE DEVELOPMENT AND EMPLOYMENT SERVICES, PRIMARILY FUNDED FROM THE SALES OF DONATED GOODS, THAT HELP PEOPLE WITH DISABILITIES AND OTHER DISADVANTAGING CONDITIONS WHO WANT TO WORK, OVERCOME BARRIERS, AND ACHIEVE HIGHER LEVELS OF PERSONAL AND ECONOMIC INDEPENDENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,181,817
Program Service Revenue $25,809,607
Investment Income $90,969
Other Revenue $389,788
TOTAL REVENUE $36,472,181

Expense Breakdown

Grants Paid $8,923
Salaries & Benefits $16,484,852
Fundraising Expenses $207,688
Program Expenses $30,865,405
Other Expenses $19,246,452
TOTAL EXPENSES $35,740,227

Year-over-Year Comparison

2023 2022 Change
Revenue $36,472,181 $34,103,736 +0.1%
Expenses $35,740,227 $33,912,814 +0.1%
Net Income $731,954 $190,922 +2.8%
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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Governance

Voting Members
18
Independent Members
17
Employees
1774
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
5
$576,569
Total Directors
18
$0
Key Employees
2
$355,010
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK CIPOLETTI MEMBER 2.00
Director
$0 $0 $0
CHAD CRUMBAKER VICE CHAIR 2.00
Director
$0 $0 $0
LISA DENNISON MEMBER 2.00
Director
$0 $0 $0
TERRELL ELLIS MEMBER 2.00
Director
$0 $0 $0
JOHN W KEE MEMBER 2.00
Director
$0 $0 $0
DOTSY Q KLEI SECRETARY 2.00
Officer Director
$0 $0 $0
ADAM KRASON MEMBER 2.00
Director
$0 $0 $0
JANETTE LINTALA MEMBER 2.00
Director
$0 $0 $0
PATRICIA MCGILL MEMBER 2.00
Director
$0 $0 $0
RAY MORTON TREASURER 2.00
Officer Director
$0 $0 $0
WENDY PATRIQUIN MEMBER 2.00
Director
$0 $0 $0
BLAIR TAYLOR CHAIR 2.00
Officer Director
$0 $0 $0
CONSTANCE H WEBER MEMBER 2.00
Director
$0 $0 $0
MARK WHITLEY MEMBER 2.00
Director
$0 $0 $0
ED VALLANDINGHAM MEMBER 2.00
Director
$0 $0 $0
TREY JONES MEMBER 2.00
Director
$0 $0 $0
JILL PARSONS MEMBER 2.00
Director
$0 $0 $0
ROBIN STEMPLE MEMBER 2.00
Director
$0 $0 $0
LISA LAYDEN VP OF FINANCE 40.00
Officer
$213,311 $26,136 $239,447
DANIEL OWEN PRESIDENT/CEO 40.00
Officer
$306,344 $30,778 $337,122
BRETT BARKER VP OF TALENT & DEVELOPMENT 40.00
Key Emp
$157,411 $16,328 $173,739
KASSIA LILLY CHIEF OPERATING OFFICER 40.00
Key Emp
$159,104 $22,167 $181,271
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 $36,472,181 $35,740,227 $38,255,431 $731,954
2022 $34,103,736 $33,912,814 $35,230,191 $190,922
2021 $25,914,576 $23,532,287 $30,172,970 $2,382,289
2020 $16,946,711 $15,526,270 $22,835,911 $1,420,441
2019 $15,355,090 $14,313,663 $20,591,767 $1,041,427
2018 $14,061,993 $13,348,444 $19,094,564 $713,549
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