ALABAMA GOODWILL INDUSTRIES INC

EIN: 630288794 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$22,433,443
Total Expenses
$21,463,188
Total Assets
$33,388,839
Net Assets
$3,946,811
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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
AL
Principal Officer
DAVID WELLS
Phone
2053236331
Tax Period
2023-01-01 to 2023-12-31

ALABAMA GOODWILL INDUSTRIES INC, founded in 1936, is a mid-sized nonprofit that reported $22.4M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $21.5M left a modest 4% surplus.

Mission

THE MISSION OF ALABAMA GOODWILL INDUSTRIES, INC. IS TO PROVIDE REHABILITATION SERVICES, TRAINING, EMPLOYMENT AND OPPORTUNITIES FOR PERSONAL GROWTH TO THE DISABLED AND DISADVANTAGED.

Program Service Accomplishments

Program 1
Expenses: $16,820,988 Revenue: $16,899,110

DONATED GOODS AND RETAIL PROGRAM SERVICESGOODWILL UTILIZES ITS RETAIL STORES TO PROVIDE ON-THE-JOB TRAINING TO PEOPLE WITH DISABILITIES, PEOPLE WITH DISADVANTAGES AND OTHERS HAVING A HARD TIME...

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DONATED GOODS AND RETAIL PROGRAM SERVICESGOODWILL UTILIZES ITS RETAIL STORES TO PROVIDE ON-THE-JOB TRAINING TO PEOPLE WITH DISABILITIES, PEOPLE WITH DISADVANTAGES AND OTHERS HAVING A HARD TIME FINDING EMPLOYMENT. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD DONATED GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN GOODWILL COMMUNITY-BASED RETAIL STORES. REVENUE FROM THE SALE OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING CRITICAL COMMUNITY BASED PROGRAMS AND JOB PLACEMENT SERVICES.

Program 2
Expenses: $807,446 Revenue: $1,158,199

CONTRACTS/INDUSTRIAL SERVICES PROGRAM SERVICESGOODWILL CREATES EMPLOYMENT AND JOB TRAINING OPPORTUNITIES FOR PEOPLE WHO ARE EITHER BLIND OR HAVE SIGNIFICANT DISABILITIES OR OTHER CHALLENGES TO...

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CONTRACTS/INDUSTRIAL SERVICES PROGRAM SERVICESGOODWILL CREATES EMPLOYMENT AND JOB TRAINING OPPORTUNITIES FOR PEOPLE WHO ARE EITHER BLIND OR HAVE SIGNIFICANT DISABILITIES OR OTHER CHALLENGES TO EMPLOYMENT BY PROVIDING CONTRACT WORK FOR BUSINESSES, GOVERNMENT AND OTHER COMMUNITY PARTNERS. THESE CONTRACTS OFFER THE OPPORTUNITIES IN A VARIETY OF WORK EXPERIENCE AND TRAINING ENVIRONMENTS, INCLUDING CUSTODIAL SERVICES, GROUNDSKEEPING, SHELF STOCKING, PACKAGING, RECYCLING, AND FOOD SERVICE.

Program 3
Expenses: $299,096 Revenue: $85,748

WORKFORCE DEVELOPMENT PROGRAM SERVICEGOODWILL 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 SERVICEGOODWILL PROVIDES EDUCATION AND CAREER SERVICES, AS WELL AS JOB PLACEMENT OPPORTUNITIES AND POST-EMPLOYMENT SUPPORT TO INDIVIDUALS WITH DISABILITIES AND OTHER CHALLENGES 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, FINANCIAL STRENGTHENING AND WORKFORCE DEVELOPMENT SERVICES- SUCH AS EMPLOYMENT TRAINING AND EDUCATION, WORK EXPERIENCE, EMPLOYMENT RETENTION SERVICES, ETC. GOODWILL PROGRAMS STRENGTHEN COMMUNITIES AND FAMILIES AND PROMOTE INDEPENDENCE AND DIGNITY.

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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 $2,760,732
Program Service Revenue $18,057,309
Investment Income $1,398,659
Other Revenue $216,743
TOTAL REVENUE $22,433,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,533,689
Fundraising Expenses $178,636
Program Expenses $17,927,530
Other Expenses $8,929,499
TOTAL EXPENSES $21,463,188

Year-over-Year Comparison

2023 2022 Change
Revenue $22,433,443 $17,642,209 +0.3%
Expenses $21,463,188 $17,858,880 +0.2%
Net Income $970,255 $-216,671 -5.5%
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
19
Independent Members
19
Employees
1008
Volunteers
19

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
9
$659,788
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARSHALL RATHMELL CPA CHAIRPERSON 1.00
Officer Director
$0 $0 $0
THOMAS E WALKER DIRECTOR 1.00
Director
$0 $0 $0
RAYFORD L COLEMAN DIRECTOR 1.00
Director
$0 $0 $0
JAKE DATNOFF DIRECTOR 1.00
Director
$0 $0 $0
KEVIN MANOGUE VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
JESSICA VANCE DIRECTOR 1.00
Director
$0 $0 $0
WES CLINE DIRECTOR 1.00
Director
$0 $0 $0
BRANDON WRIGHT TREASURER 1.00
Officer Director
$0 $0 $0
ASHLEY J SUTTON DIRECTOR 1.00
Director
$0 $0 $0
GEOFFREY RODGERS DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL LEE DIRECTOR 1.00
Director
$0 $0 $0
AYLA RUSSELL DIRECTOR 1.00
Director
$0 $0 $0
JACY FISHER DIRECTOR 1.00
Director
$0 $0 $0
HARMONY MENDOZA DIRECTOR 1.00
Director
$0 $0 $0
MOLLY OSBORN DIRECTOR 1.00
Director
$0 $0 $0
TOMMY HUGHLEY PAST BOARD OF CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SHAWRA RAINER SECRETARY 1.00
Officer Director
$0 $0 $0
TED SPRINGER DIRECTOR 1.00
Director
$0 $0 $0
WILL HAWKINS DIRECTOR 1.00
Director
$0 $0 $0
DAVID WELLS CEO AND PRESIDENT 40.00
Officer
$229,575 $0 $229,575
NOAH BROWN VP FINANCE/IT 40.00
Officer
$176,459 $0 $176,459
DOUGLAS PRESCOTT VP OF OPERATIONS 40.00
Officer
$185,912 $0 $185,912
KRISTINA RAWSON AUGUST 2023-PRESENT VP OF MISSION ADVANCEMENT 40.00
Officer
$67,842 $0 $67,842
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 $22,433,443 $21,463,188 $33,388,839 $970,255
2023 $22,433,443 $21,463,188 $33,388,839 $970,255
2022 $17,642,209 $17,858,880 $33,375,757 $-216,671
2021 $11,524,779 $11,096,194 $7,408,610 $428,585
2020 $7,875,818 $8,569,461 $7,085,057 $-693,643
2019 $6,322,351 $7,017,929 $6,876,848 $-695,578
2018 $5,240,261 $5,319,024 $5,566,639 $-78,763
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