GOODWILL INDUSTRIES - MANASOTA INC

EIN: 592074391 501(c)(3) Employment

BRADENTON, FL

Total Revenue
$146,987,524
Total Expenses
$140,263,953
Total Assets
$163,511,117
Net Assets
$53,757,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
Principal Officer
DONN GITHENS
Phone
9413588561
Tax Period
2024-01-01 to 2024-12-31

GOODWILL INDUSTRIES - MANASOTA INC, founded in 1977, is a major nonprofit in the Employment sector that reported $147.0M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $140.3M left a modest 5% surplus.

Mission

GOODWILL INDUSTRIES UTILIZES ITS RESALE STRATEGIES TO PROVIDE JOB TRAINING TO PERSONS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN GOODWILL COMMUNITY BASED STORES. REVENUE FROM THE SALE OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING CRITICAL COMMUNITY BASED PROGRAMS AND JOB PLACEMENT SERVICES.

Program Service Accomplishments

Program 1
Expenses: $126,422,795 Revenue: $96,630,394

DONATED GOODS AND RETAIL PROGRAM SERVICES - GOODWILL INDUSTRIES UTILIZES ITS RESALE STRATEGIES TO PROVIDE ON THE JOB TRAINING TO PERSONS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT. GOODWILL...

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DONATED GOODS AND RETAIL PROGRAM SERVICES - GOODWILL INDUSTRIES UTILIZES ITS RESALE STRATEGIES TO PROVIDE ON THE JOB TRAINING TO PERSONS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN GOODWILL COMMUNITY-BASED STORES. REVENUE FROM THE SALE OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING CRITICAL COMMUNITY-BASED PROGRAMS AND JOB PLACEMENT SERVICES. THE ABOVE REVENUE DOES NOT INCLUDE CONTRIBUTIONS OF INVENTORY INCLUDED ON LINE 1G OF FORM 990, PART VIII IN THE AMOUNT OF $42,900,843.

Program 2
Expenses: $3,634,386 Revenue: $707,499

WORKFORCE DEVELOPMENT PROGRAM SERVICES - GOODWILL PROVIDES EDUCATION AND CAREER SERVICES, AS WELL AS JOB PLACEMENT OPPORTUNITIES AND POST-EMPLOYMENT SUPPORT TO INDIVIDUALS WITH DISABILITIES AND OTHER...

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WORKFORCE DEVELOPMENT PROGRAM SERVICES - GOODWILL PROVIDES EDUCATION AND CAREER SERVICES, AS WELL AS JOB PLACEMENT OPPORTUNITIES AND POST-EMPLOYMENT SUPPORT TO INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT SO THAT THEY CAN FIND AND KEEP GOOD JOBS. INDIVIDUALS CAN ACHIEVE GREATER LEVELS OF SELF- SUFFICIENCY AND ECONOMIC SUCCESS THROUGH GOODWILL'S FAMILY STRENGTHENING AND WORKFORCE DEVELOPMENT SERVICES - SUCH AS EMPLOYMENT TRAINING AND EDUCATION, WORK EXPERIENCE, EMPLOYMENT RETENTION SERVICES, FINANCIAL LITERACY, AND YOUTH- BASED PROGRAMS. GOODWILL PROGRAMS STRENGTHEN COMMUNITIES AND FAMILIES AND PROMOTE INDEPENDENCE AND DIGNITY FOR PEOPLE WHO NEED IT MOST. IN 2024, GOODWILL PROVIDED VARIOUS MISSION RELATED SERVICES TO 6,644 PEOPLE, INCLUDING EMPLOYMENT AND VOCATIONAL TRAINING TO 675 INDIVIDUALS, INFORMATION AND REFERRAL SERVICES TO 2,903 WALK-INS AT SIX SERVICE LOCATIONS, DIVERTED OVER 98.4 MILLION POUNDS OF MATERIAL DIVERTED FROM LANDFILLS THROUGH SALES AND SALVAGE, SERVED 2,316 INDIVIDUALS THROUGH THE GOODPARTNER COACH PROGRAM, HAD 166 INDIVIDUALS GRADUATE FROM THE ROLE MODEL WORKER PROGRAM AND SERVED 22 INDIVIDUALS IN THE JOBS PLUS LANGUAGE PROGRAM.

Program 3

GOODWILL INDUSTRIES-MANASOTA, INC. (GOODWILL) IS A 501(C)(3) NONPROFIT DEDICATED TO ADVANCING ITS MISSION OF CHANGING LIVES THROUGH THE POWER OF WORK AND PROUDLY SERVES 10 COUNTIES ON THE EAST AND...

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GOODWILL INDUSTRIES-MANASOTA, INC. (GOODWILL) IS A 501(C)(3) NONPROFIT DEDICATED TO ADVANCING ITS MISSION OF CHANGING LIVES THROUGH THE POWER OF WORK AND PROUDLY SERVES 10 COUNTIES ON THE EAST AND WEST COASTS OF FLORIDA. THE WEST COAST COUNTIES INCLUDE SARASOTA, MANATEE, HARDEE, AND PORTIONS OF NORTHWESTERN CHARLOTTE AND LEE COUNTIES, WHILE THE EAST COAST COUNTIES SERVE INDIAN RIVER, ST. LUCIE, MARTIN, OKEECHOBEE, AND PALM BEACH. THROUGH ITS MISSION-INTEGRATED SOCIAL ENTERPRISE MODEL, GOODWILL PROVIDES ACCESS TO RESOURCES, TRAINING, AND EMPLOYMENT OPPORTUNITIES THAT HELP INDIVIDUALS OVERCOME BARRIERS AND IMPROVE FINANCIAL STABILITY. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND THE SALES OF THESE DONATED GOODS ACROSS ITS 30+ RETAIL LOCATIONS FUND THE MISSION, WHICH EMPLOYS MORE THAN 1,508 TEAM MEMBERS, 72% OF WHOM HAVE DISABILITIES AND/OR DISADVANTAGING CONDITIONS. ADDITIONALLY, THE ORGANIZATION OFFERS THREE CORE PROGRAMS WHICH ARE: (1) THE GOODPARTNER COACH PROGRAM OFFERS EACH GOODWILL TEAM MEMBER WITH A LIFE COACH WHO PROVIDES SUPPORT AND HELPS FACILITATE GOALS FOR EACH TEAM MEMBER, MOVING THEM FORWARD IN THEIR JOB AND IN LIFE. IN 2024, THE GOODPARTNER COACH PROGRAM PROVIDED COACHING TO 2,316 PEOPLE RESULTING IN A RETENTION RATE OF 84% FOR 30 DAYS AND 74% FOR 90 DAYS OF THOSE SERVED ACHIEVING AT LEAST ONE GOAL. (2) THE JOB CONNECTION SERVES COMMUNITY RESIDENTS WITH RESUME WRITING AND INTERVIEW SKILLS TRAINING. THE JOB CONNECTION WILL ASSIST INDIVIDUALS IN FINDING A MEANINGFUL EMPLOYMENT EITHER AT GOODWILL OR THROUGH ONE OF THE HUNDREDS OF EMPLOYER PARTNERSHIPS THAT THE ORGANIZATION HAS. IN 2024, THE JOB CONNECTION SERVED 601 PEOPLE RESULTING IN COMMUNITY PLACEMENTS FOR 257 PEOPLE WITH AN AVERAGE WAGE OF $15.62/HOUR. 95% OF THOSE PLACED WERE EMPLOYED IN AN ORGANIZATION WITH BENEFITS. (3) THE VETERANS SERVICES TEAM OFFERS REINTEGRATION SERVICES TO VETERANS AND THEIR FAMILIES IN FINDING AND MAINTAINING EMPLOYMENT. IN 2024, THERE WERE 554 VETERANS AND THEIR FAMILIES SERVED, RESULTING IN 49 PEOPLE BEING PLACED AT AN AVERAGE WAGE OF $20.35 /HOUR WITH A 100% RETENTION RATE AT 90 DAYS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,584,955
Program Service Revenue $97,262,987
Investment Income $3,854,229
Other Revenue $285,353
TOTAL REVENUE $146,987,524

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,497,164
Fundraising Expenses $700,258
Program Expenses $130,057,181
Other Expenses $86,766,789
TOTAL EXPENSES $140,263,953

Year-over-Year Comparison

2024 2023 Change
Revenue $146,987,524 $94,829,227 +0.6%
Expenses $140,263,953 $91,825,311 +0.5%
Net Income $6,723,571 $3,003,916 +1.2%
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
13
Independent Members
12
Employees
2541
Volunteers
12

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
8
$1,870,739
Total Directors
13
$593,576
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONN GITHENS PRESIDENT AND CEO 40.00
Officer Director
$575,947 $17,629 $593,576
LAURA RITCHEY DIRECTOR 1.00
Director
$0 $0 $0
LAURIE O'LOUGHLIN DIRECTOR 1.00
Director
$0 $0 $0
ROB MORRIS DIRECTOR 1.00
Director
$0 $0 $0
ALLEN WEINSTEIN DIRECTOR 1.00
Director
$0 $0 $0
BETSY BENAC CHAIR 1.00
Officer Director
$0 $0 $0
XTAVIA BAILEY DIRECTOR 1.00
Director
$0 $0 $0
STEVE BOONE DIRECTOR 1.00
Director
$0 $0 $0
RICH CAUTERO DIRECTOR 1.00
Director
$0 $0 $0
ROD HOLLINGSWORTH DIRECTOR 1.00
Director
$0 $0 $0
ERIC KAPLAN DIRECTOR 1.00
Director
$0 $0 $0
JIM MCCLURE DIRECTOR 1.00
Director
$0 $0 $0
BRAD WEST DIRECTOR 1.00
Director
$0 $0 $0
ADRIAN GESSEN SNR VP ORG. DEVELOPMENT 40.00
Officer
$279,552 $7,519 $287,071
ALEXA OLIVAS VP OPERATIONS, MANASOTA 40.00
Officer
$214,598 $11,827 $226,425
ANGELA GERHOLDT VP OF HUMAN RESOURCES 40.00
Officer
$208,147 $9,659 $217,806
BRADY O'NEIL VP OPERATIONS, EAST COAST 40.00
Officer
$204,711 $6,905 $211,616
MELISSA CARMAN VP OF ENGAGEMENT 40.00
Officer
$158,771 $6,927 $165,698
MARGIE GENTER VP MISSION SERVICES 40.00
Officer
$150,689 $17,858 $168,547
BILL THIELEN SNR DIRECTOR INFORMATION SRVC 40.00
Highest
$169,481 $6,538 $176,019
KEVIN OUELETTE SNR DIRECTOR SAFETY & RISK 40.00
Highest
$139,011 $5,562 $144,573
KIMBERLY GLOGOVSKY SNR DIRECTOR REAL ESTATE 40.00
Highest
$135,396 $7,026 $142,422
LUCAS WEBER DIRCTOR OF OPERATIONS LEADERSHIP 40.00
Highest
$117,186 $11,945 $129,131
SARA GINGERY DIRECTOR OF LEARNING & DEV 40.00
Highest
$112,906 $4,471 $117,377
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 $146,987,524 $140,263,953 $163,511,117 $6,723,571
2023 $94,829,227 $91,825,311 $112,962,327 $3,003,916
2022 $85,730,433 $80,040,774 $102,361,839 $5,689,659
2021 $74,670,264 $67,473,057 $57,505,873 $7,197,207
2020 $77,077,507 $63,041,175 $45,406,698 $14,036,332
2019 $68,313,284 $70,347,478 $33,271,488 $-2,034,194
2018 $65,846,324 $65,170,613 $36,132,612 $675,711
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