Goodwill Industries of Fort Worth Inc

EIN: 750868393 501(c)(3) Employment

Fort Worth, TX

Total Revenue
$52,314,043
Total Expenses
$52,800,387
Total Assets
$67,797,913
Net Assets
$24,148,591
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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
TX
Principal Officer
Kimberly Casarez
Phone
8173327866
Tax Period
2023-01-01 to 2023-12-31

Goodwill Industries of Fort Worth Inc, founded in 1949, is a mid-sized nonprofit in the Employment sector that reported $52.3M in total revenue in fiscal year 2023.

Mission

GOODWILL INDUSTRIES OF FORT WORTH PROVIDES 23 ECONOMICALLY AND ENVIRONMENTALLY SUSTAINABLE PROGRAMS TO TEACH, TRAIN, EMPLOY, AND EMPOWER PEOPLE WITH DISABILITIES, PEOPLE WITH DISADVANTAGES INCLUDING POVERTY AND LACK OF EDUCATION, OUR VETERANS, FORMERLY INCARCERATED INDIVIDUALS, THE HOMELESS AND AT-RISK YOUTH. WITH OVER 300 FORMAL PARTNERSHIPS WITH FOR-PROFIT, NOT-FOR-PROFIT, AND GOVERNMENTAL ORGANIZATIONS, GOODWILL SERVES THE LOCAL NORTH TEXAS COMMUNITY THROUGH 25 RETAIL STORES AND 18 ATTENDED DONATION CENTERS, PROVIDING JOB RESOURCE CENTERS IN 3 COUNTIES, AND EMPLOYMENT SERVICES IN 6 COUNTIES. GOODWILL WORKS DILIGENTLY WITH THOSE WHO HAVE DIFFICULTY ACHIEVING SUCCESS IN THE TRADITIONAL WORK ENVIRONMENT. AS OUR AREA'S LARGEST EMPLOYER OF PEOPLE WITH DISABILITIES AND DISADVANTAGES, GOODWILL OFFERS EMPLOYMENT AT AREA RETAIL STORES, PROVIDING SPECIALIZED JOB TRAINING AND CAREER DEVELOPMENT SKILLS TO CULTIVATE EACH EMPLOYEE.

Program Service Accomplishments

Program 1
Expenses: $38,690,080 Revenue: $29,522,348

Industrial Contracts & Retail Stores: As our areas largest employer of people with disabilities and disadvantages, Goodwill offers employment at area retail stores to sheltered and other persons with...

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Industrial Contracts & Retail Stores: As our areas largest employer of people with disabilities and disadvantages, Goodwill offers employment at area retail stores to sheltered and other persons with disabilities, providing specialized job training and career development skills to cultivate each employee. Contracts with the Bureau of Engraving and Printing, Army Reserve and the Federal Center employ individuals with disabilities, turning lives of dependence into lives of independence.

Program 2
Expenses: $6,572,603

Rehabilitation: Goodwills programs and services include vocational and rehabilitation services to people with disabilities and disadvantages, such as: Work Adjustment Training (WAT) - Paid work...

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Rehabilitation: Goodwills programs and services include vocational and rehabilitation services to people with disabilities and disadvantages, such as: Work Adjustment Training (WAT) - Paid work experience for those with barriers to employment; Work Experience Program (WEP); Vocational Adjustment Training (VAT); Vocational Evaluation; Supported Employment; Camp Independence - Summer camp for transitional students; Summer Earn & Learn - Paid work experience and soft skills training for students with disabilities; and Project SEARCH Real life work experience for youth with disabilities.

Program 3
Expenses: $2,639,197

Housing & Occupancy: Goodwill provides facilities for sheltered and other persons with disabilities to learn job skills and prepare to be productive, including: S.T.A.R.S. - Unique life skills...

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Housing & Occupancy: Goodwill provides facilities for sheltered and other persons with disabilities to learn job skills and prepare to be productive, including: S.T.A.R.S. - Unique life skills program for adults with significant or multiple disabilities; Job Resource Centers - Free computer access and job skills training and placement assistance at five locations; Goodwill Staffing Services - Temporary employment service for individuals with barriers to employment; Adult Literacy classes; North Texas Institute for Career Development (NTI) Provides courses in Hospitality, CDL and Online IT: A+ Certification and Online Certified Medical Administrative Assistant; GoodwillWorks Employment services for the homeless; E2 - High school equivalency preparation and paid work experience for 16-24 year olds; and VetWorthy Employment services for military vets and their families.

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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 $21,725,681
Program Service Revenue $7,246,693
Investment Income $185,346
Other Revenue $23,156,323
TOTAL REVENUE $52,314,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,038,654
Fundraising Expenses $0
Program Expenses $48,628,316
Other Expenses $18,761,733
TOTAL EXPENSES $52,800,387

Year-over-Year Comparison

2023 2022 Change
Revenue $52,314,043 $48,689,864 +0.1%
Expenses $52,800,387 $47,897,860 +0.1%
Net Income $-486,344 $792,004 -1.6%
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
18
Independent Members
18
Employees
1724
Volunteers
2347

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
4
$0
Total Directors
14
$0
Key Employees
3
$1,147,864
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Cox President/CEO 40.0
Key Emp
$570,666 $63,635 $634,301
Elizabeth Butler-Murphy VP - HUMAN RESOURCES 40.0
Key Emp
$249,571 $21,520 $271,091
Kimberly Haro CFO 40.0
Highest
$261,463 $7,316 $268,779
Mark Fishback VP - OPERATIONS 40.0
Key Emp
$222,771 $19,701 $242,472
ROSEMARY CRUZ VP - Donated Goods/Retail 40.0
Highest
$207,128 $22,541 $229,669
Romney Guy VP - Mission Services 40.0
Highest
$182,764 $20,911 $203,675
KIMBERLY SMITH VP - GSS/FBC 40.0
Highest
$180,568 $19,323 $199,891
MIKE HENNIG VP - Information Systems 40.0
Highest
$175,801 $18,337 $194,138
Shanika Johnson VP - Community Engagement 40.0
Highest
$158,319 $4,418 $162,737
ROGER YANDELL Member 1.0
Director
$0 $0 $0
frank shiels Member 1.0
Director
$0 $0 $0
charla k wise member 1.0
Director
$0 $0 $0
mary anna martinez member 1.0
Director
$0 $0 $0
Pat McDowell member 1.0
Director
$0 $0 $0
b frank cain Member 1.0
Director
$0 $0 $0
Surnedra Simmons Member 1.0
Director
$0 $0 $0
Kip Adams Member 1.0
Director
$0 $0 $0
Dianne Hawkins Member 1.0
Director
$0 $0 $0
Randall Morgan Member 1.0
Director
$0 $0 $0
Michael W Johnston Member 1.0
Director
$0 $0 $0
Mike Griffin Member 1.0
Director
$0 $0 $0
Monica Luera Member 1.0
Director
$0 $0 $0
Jonathan Hall member 1.0
Director
$0 $0 $0
JOHN BOSWELL Immediate Past Chair 1.0
Officer
$0 $0 $0
Patrick d Gotcher Chair Elect 1.0
Officer
$0 $0 $0
Pamela voight Board Chair 1.0
Officer
$0 $0 $0
Jeremiah Thompson Secretary 1.0
Officer
$0 $0 $0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $52,314,043 $52,800,387 $67,797,913 $-486,344
2022 $48,689,864 $47,897,860 $69,460,412 $792,004
2021 $45,984,473 $46,242,698 $55,034,581 $-258,225
2020 $46,426,639 $37,152,364 $54,657,260 $9,274,275
2019 $44,084,979 $41,310,215 $43,134,993 $2,774,764
2018 $38,826,319 $38,966,910 $40,068,559 $-140,591
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