GOODWILL INDUSTRIES OF DALLAS FOUNDATION (EIN 751222611) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

TIMOTHY R HEIS

Phone

2146382800

Tax Period

2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF DALLAS FOUNDATION, founded in 1963, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 3% surplus.

Mission

The sole purpose of this corporation shall be to assist where needed the program of Goodwill Industries of Dallas, Inc. (GWD).

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,643,703

Program Service Revenue $0

Investment Income $306,074

Other Revenue $-262,336

TOTAL REVENUE $1,687,441

Expense Breakdown

Grants Paid $1,549,992

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,549,992

Other Expenses $82,810

TOTAL EXPENSES $1,632,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,687,441	$1,546,820	+0.1%
Expenses	$1,632,802	$1,515,199	+0.1%
Net Income	$54,639	$31,621	+0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$536,005

Total Directors

$536,005

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY R HEIS	President	0.50	Officer Director	$0	$25,043	$536,005
C FRED BALL JR	Director	0.50	Director	$0	$0	$0
PETER A LODWICK	Director	0.50	Director	$0	$0	$0
FRANK MIHALOPOULOS	Director	0.50	Director	$0	$0	$0
PAT S BOLIN	SEC./TREAS.	0.50	Officer Director	$0	$0	$0
KYLE D MILLER	Director	0.50	Director	$0	$0	$0
WILLIAM H VANDERSTRAATEN	Chairman	0.50	Officer Director	$0	$0	$0
SUSAN M HICKS	Director	0.50	Director	$0	$0	$0
CHARLES W MORRIS	Director	0.50	Director	$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
2024	No data	No data	No data	No data
2023	$1,687,441	$1,632,802	$18,545,375	$54,639
2022	$1,546,820	$1,515,199	$16,265,762	$31,621
2021	$1,522,499	$1,459,451	$19,717,349	$63,048
2020	$1,321,009	$1,440,881	$16,784,766	$-119,872
2019	$1,297,385	$1,318,969	$14,765,994	$-21,584
2018	$1,807,324	$1,227,545	$12,528,625	$579,779

GOODWILL INDUSTRIES OF DALLAS FOUNDATION