GOODWILL INDUSTRIES OF LUBBOCK INC (EIN 751245440) - 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

1966

Legal Domicile

Principal Officer

ROBIN RANEY

Phone

8067448419

Tax Period

2024-01-01 to 2024-12-31

GOODWILL INDUSTRIES OF LUBBOCK INC, founded in 1966, is a mid-sized nonprofit in the Employment sector that reported $12.8M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $12.2M left a modest 4% surplus.

Mission

HELPING PEOPLE OVERCOME CHALLENGES, BUILD SKILLS, FIND JOBS AND GROW CAREERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $9,279,350

Program Service Revenue $3,448,915

Investment Income $81,870

Other Revenue $0

TOTAL REVENUE $12,810,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,760,758

Fundraising Expenses $18,670

Program Expenses $10,504,780

Other Expenses $4,481,238

TOTAL EXPENSES $12,241,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,810,135	$11,467,740	+0.1%
Expenses	$12,241,996	$11,009,285	+0.1%
Net Income	$568,139	$458,455	+0.2%

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

457

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

$527,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANNAH TATUM	CHAIRMAN	1.25	Officer Director	$0	$0	$0
WILL BAKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JEFF JAYNES	SECRETARY	1.00	Officer Director	$0	$0	$0
BRAD STUTEVILLE	TREASURER	1.00	Officer Director	$0	$0	$0
JAY JACOBUS	CHAIRMAN ELECT	1.00	Officer Director	$0	$0	$0
LORI TRUITT	PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
BILL STUBBLEFIELD	DIRECTOR	1.00	Director	$0	$0	$0
ALFREDO SEGOVIA	DIRECTOR	0.25	Director	$0	$0	$0
FELICIA POWELL	DIRECTOR	1.00	Director	$0	$0	$0
GWEN TITUS	DIRECTOR	0.50	Director	$0	$0	$0
HARRY OVERSTREET	DIRECTOR	1.00	Director	$0	$0	$0
J GAUT	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA PERRY	DIRECTOR	1.00	Director	$0	$0	$0
LYNN ELMS	DIRECTOR	3.00	Director	$0	$0	$0
DREW SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY DIRKS	DIRECTOR	1.00	Director	$0	$0	$0
JO HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOE ROLLINS	DIRECTOR	0.75	Director	$0	$0	$0
KEVIN DYER	DIRECTOR	0.25	Director	$0	$0	$0
LUCIO CASTRO	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN RANEY	CEO	50.00	Officer	$219,325	$41,060	$260,385
JILL CORDES	CFO	40.00	Officer	$119,648	$16,081	$135,729
NICK ROBINSON	COO	45.00	Officer	$119,285	$12,551	$131,836
EDDIE PEREZ	DIRECTOR OF LOGISTICS	40.00	Highest	$101,976	$4,079	$106,055

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	$12,810,135	$12,241,996	$12,507,026	$568,139
2023	$11,467,740	$11,009,285	$12,345,291	$458,455
2022	$10,530,129	$9,960,473	$12,595,051	$569,656
2021	$9,661,093	$8,128,952	$7,177,474	$1,532,141
2020	$7,764,899	$7,249,148	$5,220,894	$515,751
2019	$7,460,959	$7,259,632	$4,630,049	$201,327
2018	$7,075,937	$6,931,776	$4,577,342	$144,161

GOODWILL INDUSTRIES OF LUBBOCK INC