GOODWILL INDUSTRIES OF TULSA INC

EIN: 730614297 501(c)(3) Employment

TULSA, OK

Total Revenue
$35,599,903
Total Expenses
$30,712,763
Total Assets
$74,879,833
Net Assets
$69,334,718
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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
OK
Principal Officer
ROBERT STAPE
Phone
9185847291
Tax Period
2024-01-01 to 2024-12-31

GOODWILL INDUSTRIES OF TULSA INC, founded in 1927, is a mid-sized nonprofit in the Employment sector that reported $35.6M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $30.7M left a modest 14% surplus.

Mission

GOODWILL EMPOWERS PEOPLE TO REACH THEIR FULL POTENTIAL THROUGH WORK OPPORTUNITIES, TRAINING, AND SUPPORT SERVICES.

Program Service Accomplishments

Program 1
Expenses: $27,778,458 Revenue: $3,520,930

GOODWILL INDUSTRIES OF TULSA HAS PROVIDED PROGRAMS AND SERVICES TO THOSE IN NEED SINCE 1927, AND THE NUMBER SERVED CONTINUES TO GROW. IN 2024, THOUSANDS OF INDIVIDUALS USED GOODWILL'S EMPLOYMENT...

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GOODWILL INDUSTRIES OF TULSA HAS PROVIDED PROGRAMS AND SERVICES TO THOSE IN NEED SINCE 1927, AND THE NUMBER SERVED CONTINUES TO GROW. IN 2024, THOUSANDS OF INDIVIDUALS USED GOODWILL'S EMPLOYMENT PROGRAMS, JOB TRAINING AND PLACEMENT SERVICES, AND SUPPORT SERVICES TO BETTER THEIR LIVES.GOODWILL'S THREE-YEAR STRATEGIC PLAN, CRAFTED IN 2024 TO COVER 2025-2027, IS DESIGNED TO POSITION THE ORGANIZATION FOR LONG-TERM GROWTH. IN 2024, GOODWILL EXPANDED COMMUNITY PARTNERSHIPS, FINE-TUNED OPERATIONS, REFINED PROGRAMS, AND ADOPTED NEW BOARD PRACTICES. THESE MEANINGFUL CHANGES ENABLE GOODWILL TO SERVE THE COMMUNITY IN NEW AND BETTER WAYS. GOODWILL ALSO REFINED ITS MISSION STATEMENT TO REFLECT BETTER ITS WORK: GOODWILL EMPOWERS PEOPLE TO REACH THEIR FULL POTENTIAL THROUGH WORK OPPORTUNITIES, TRAINING, AND SUPPORT SERVICES. PRIMARY PROGRAMS OPERATED BY GOODWILL INCLUDE THE FOLLOWING:WORK OPPORTUNITIESGOODWILL'S EMPLOYMENT PROGRAMS INCLUDE: - DONATED GOOD OPERATIONS - COLLECTING, PROCESSING, AND SELLING ITEMS DONATED BY THE PUBLIC.- COMMUNITY-BASED WORK - SUPPORTED WORKERS WITH SEVERE DISABILITIES, ASSISTED BY A JOB COACH, PERFORM SHREDDING AND LIGHT CUSTODIAL SERVICES AT TWO LOCAL HOSPITALS AND STAFF FIVE GOODWILL DONATION SITES.- CENTER-BASED CONTRACTS - GOODWILL EMPLOYEES WITH SEVERE DISABILITIES COMPLETE PACKAGING, COLLATING, AND ASSEMBLY WORK FOR LOCAL COMPANIES.IN 2024, GOODWILL EMPLOYED OVER 1,100 INDIVIDUALS WITH DISABILITIES OR OTHER BARRIERS TO EMPLOYMENT, PROVIDING MORE THAN $15 MILLION IN WAGES THROUGHOUT THE YEAR.TRAINING & PLACEMENTGOODWILL'S CAREER ACADEMY OFFERS TRAINING LEADING TO INDUSTRY-RECOGNIZED CREDENTIALS IN FIELDS SUCH AS COMPUTER SKILLS, UNARMED SECURITY, FORKLIFT OPERATION, AND MANUFACTURING LOGISTICS. IN 2024, OVER 600 PARTICIPANTS EARNED MORE THAN 1,400 CREDENTIALS, SUPPORTED BY CAREER NAVIGATORS WHO HELP REMOVE BARRIERS, ASSIST WITH JOB PLACEMENT, AND PROVIDE POST-EMPLOYMENT FOLLOW-UP.GOODWILL'S TWO CAREER CENTERS OFFER FREE, ONE-ON-ONE CAREER AND JOB SEARCH ASSISTANCE, HELPING INDIVIDUALS IDENTIFY STRENGTHS, ENHANCE SKILLS, AND CONNECT WITH EMPLOYERS. SERVICES INCLUDE RESUME AND INTERVIEW SUPPORT, CAREER PLANNING, AND HOSTING HIRING EVENTS AND JOB FAIRS. IN 2024, THE CENTERS RECORDED OVER 1,600 VISITS.IN 2024, GOODWILL BEGAN OPERATING THE WORK READY OKLAHOMA SITE IN TULSA COUNTY UNDER A CONTRACT WITH OKDHS, ONE OF THE ORGANIZATION'S MOST EXTENSIVE TRAINING AND PLACEMENT CONTRACTS TO DATE. THE PROGRAM SERVED 65 INDIVIDUALS IN ITS FIRST YEAR, WITH PARTICIPATION EXPECTED TO TRIPLE IN 2025, SIGNIFICANTLY EXPANDING GOODWILL'S MISSION IMPACT.GOODWILL OPERATES SEVERAL TRAINING PROGRAMS DESIGNED TO SERVE INDIVIDUALS WITH DISABILITIES, INCLUDING THE FOLLOWING: GOODWILL'S TRANSITION WORK ADJUSTMENT PROGRAM HELPS HIGH SCHOOL STUDENTS WITH DISABILITIES BUILD INDEPENDENCE, DEVELOP WORKPLACE SKILLS, EXPLORE CAREERS, AND GAIN PAID EXPERIENCE. SUCCESSFUL OUTCOMES INCLUDE FURTHER EDUCATION, SUPPORTED EMPLOYMENT, OR COMMUNITY JOB PLACEMENT. GOODWILL'S SUPPORTED EMPLOYMENT PROGRAM PLACES INDIVIDUALS WITH DISABILITIES IN COMPETITIVE COMMUNITY JOBS, PROVIDING JOB DEVELOPMENT, TRAINING, AND ONGOING SUPPORT UNTIL THEY CAN WORK INDEPENDENTLY.SUPPORT SERVICESGOODWILL OFFERS TWO PROGRAMS TO PROMOTE FINANCIAL RESILIENCE:- VOLUNTEER INCOME TAX ASSISTANCE (VITA) SERVES LOW- AND MODERATE-INCOME TAXPAYERS BY PROVIDING FREE FEDERAL AND STATE TAX RETURN PREPARATION. IN 2024, GOODWILL INDUSTRIES OF TULSA'S VITA VOLUNTEERS AND STAFF HELPED FILE OVER 3,100 TAX RETURNS, RESULTING IN MORE THAN $3 MILLION RETURNING TO THE LOCAL ECONOMY.- AS THE CITY OF TULSA'S NONPROFIT PARTNER, GOODWILL OPERATES THE TULSA FINANCIAL EMPOWERMENT CENTER, OFFERING FREE ONE-ON-ONE FINANCIAL COUNSELING. IN 2024, THE PROGRAM PROVIDED 1,783 SESSIONS TO 677 CLIENTS.LAUNCHED IN 2023, GROW WITH GOODWILL SUPPORTS EMPLOYEES' PERSONAL AND CAREER DEVELOPMENT THROUGH RESOURCE REFERRALS, SUCCESS COACHING, AND INDIVIDUALIZED DEVELOPMENT PLANS, LEADING TO ADVANCEMENT WITHIN GOODWILL OR TRANSITION TO COMMUNITY EMPLOYMENT.

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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 $29,715,601
Program Service Revenue $3,423,771
Investment Income $2,363,372
Other Revenue $97,159
TOTAL REVENUE $35,599,903

Expense Breakdown

Grants Paid $62,480
Salaries & Benefits $21,943,725
Fundraising Expenses $142,916
Program Expenses $27,778,458
Other Expenses $8,706,558
TOTAL EXPENSES $30,712,763

Year-over-Year Comparison

2024 2023 Change
Revenue $35,599,903 $31,153,408 +0.1%
Expenses $30,712,763 $26,069,989 +0.2%
Net Income $4,887,140 $5,083,419 0.0%
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
20
Independent Members
20
Employees
1179
Volunteers
215

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
$468,293
Total Directors
20
$0
Key Employees
4
$905,376
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG SUTTON BOARD CHAIRMAN 3.00
Officer Director
$0 $0 $0
MARK FIEGENER BOARD VICE CHAIRMAN 3.00
Officer Director
$0 $0 $0
KEVIN LACKNER SECRETARY/TREASURER 3.00
Officer Director
$0 $0 $0
RONNY ALTMAN DIRECTOR 1.00
Director
$0 $0 $0
TERRY BLAIN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN R BERLIN DIRECTOR 1.00
Director
$0 $0 $0
TREY BOMIER DIRECTOR 1.00
Director
$0 $0 $0
JAMES R BEVERLEY III DIRECTOR 1.00
Director
$0 $0 $0
NUCEKA CHATMAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DAVIS DIRECTOR 1.00
Director
$0 $0 $0
KACI SKIDGEL DIRECTOR 1.00
Director
$0 $0 $0
BLAKE KEELEY DIRECTOR 1.00
Director
$0 $0 $0
KYARA SMITH DIRECTOR 1.00
Director
$0 $0 $0
TAMMIE L MALONEY DIRECTOR 1.00
Director
$0 $0 $0
PAM STANTON DIRECTOR 1.00
Director
$0 $0 $0
DEREK MARTIN DIRECTOR 1.00
Director
$0 $0 $0
CING TAITHUL DIRECTOR 1.00
Director
$0 $0 $0
RON MUCCI DIRECTOR 1.00
Director
$0 $0 $0
PAUL WOODUL DIRECTOR 1.00
Director
$0 $0 $0
PAUL ROSSLER DIRECTOR 1.00
Director
$0 $0 $0
DAVID OLIVER PRESIDENT 40.00
Officer
$317,500 $27,438 $344,938
JOE MCKELLAR CFO 40.00
Officer
$117,122 $6,233 $123,355
RON MEIJERINK COO 40.00
Key Emp
$208,677 $21,678 $230,355
CELIA ARMSTRONG CAO 40.00
Key Emp
$204,327 $21,248 $225,575
KYLE HAGER CIO 40.00
Key Emp
$196,615 $28,657 $225,272
JULIE RETTINGER CMDO 40.00
Key Emp
$191,827 $32,347 $224,174
RODNEY CARROLL JR VP OF OPERATIONS 40.00
Highest
$136,500 $8,702 $145,202
SABRINA WARE DIRECTOR OF TULSAWORKS 40.00
Highest
$108,366 $9,097 $117,463
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 $35,599,903 $30,712,763 $74,879,833 $4,887,140
2023 $31,153,408 $26,069,989 $65,179,842 $5,083,419
2022 $28,072,092 $21,857,263 $58,446,185 $6,214,829
2021 $24,440,574 $19,649,477 $55,800,600 $4,791,097
2020 $20,937,245 $20,004,391 $49,252,258 $932,854
2019 $22,835,109 $20,692,482 $45,630,267 $2,142,627
2018 $21,540,228 $19,824,104 $41,097,115 $1,716,124
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