GOODWILL INDUSTRIES OF SOUTHEAST TEXAS

EIN: 720723184 501(c)(3)

BEAUMONT, TX

Total Revenue
$11,768,602
Total Expenses
$9,687,123
Total Assets
$25,360,900
Net Assets
$15,343,421
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
TX
Principal Officer
RANDY JONES
Phone
4098389911
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF SOUTHEAST TEXAS, founded in 1972, is a mid-sized nonprofit that reported $11.8M in total revenue in fiscal year 2023. The organization ran a surplus of $2.1M, a strong 18% operating margin.

Mission

ORGANIZATION PROVIDES: EMPLOYMENT AND TRAINING SERVICES TO INCLUDE VOCATIONAL REHABILITATION, COUNSELING, GUIDANCE, ASSESSMENT, SKILLS TRAINING, JOB READINESS, JOB PLACEMENT, ON-SITE TRAINING, AND RETENTION SERVICES, TO: PERSONS WITH DISABILITIES INCLUDING PHYSICAL, DEVELOPMENTAL, AND MENTAL HEALTH DISABILITIES, AS WELL AS PERSONS WITH OTHER BARRIERS TO EMPLOYMENT SUCH AS LACK OF EDUCATION AND/OR WORK EXPERIENCE, PREVIOUS INVOLVEMENT WITH THE CRIMINAL JUSTICE SYSTEM, AND RELIANCE ON THE SOCIAL WELFARE SYSTEM TO MEET FAMILY NEEDS.

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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 $3,513,059
Program Service Revenue $7,990,704
Investment Income $175,503
Other Revenue $89,336
TOTAL REVENUE $11,768,602

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,808,058
Fundraising Expenses $0
Program Expenses $8,479,789
Other Expenses $3,879,065
TOTAL EXPENSES $9,687,123

Year-over-Year Comparison

2023 2022 Change
Revenue $11,768,602 $11,204,150 +0.1%
Expenses $9,687,123 $8,887,675 +0.1%
Net Income $2,081,479 $2,316,475 -0.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
10
Employees
406
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
$237,130
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON PUMPHREY CHAIRMAN 1.00
Officer Director
$0 $0 $0
TIM FARNIE VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
PAT O'NEIL TREASURER 1.00
Officer Director
$0 $0 $0
PAM TROSCLAIR SECRETARY 1.00
Officer Director
$0 $0 $0
CLARE BURNS DIRECTOR 1.00
Director
$0 $0 $0
LESLIE LIGHTFOOD JR DIRECTOR 1.00
Director
$0 $0 $0
JEFF PETERSON DIRECTOR 1.00
Director
$0 $0 $0
BRENDA VAUGN DIRECTOR 1.00
Director
$0 $0 $0
JOHN MCCAIN DIRECTOR 1.00
Director
$0 $0 $0
RONALD JONES DIRECTOR 1.00
Director
$0 $0 $0
RANDY JONES PRESIDENT & CEO 40.00
Officer
$227,701 $9,429 $237,130
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 $11,768,602 $9,687,123 $25,360,900 $2,081,479
2022 $11,204,150 $8,887,675 $23,752,664 $2,316,475
2021 $10,855,180 $8,202,262 $19,321,791 $2,652,918
2020 $8,249,571 $7,524,417 $17,108,794 $725,154
2019 $8,768,706 $8,208,093 $16,684,783 $560,613
2018 $8,071,197 $7,350,906 $15,542,861 $720,291
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