GOODWILL INDUSTRIES OF LUBBOCK INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

ROBIN RANEY

Phone

8067448419

Tax Period

2025-01-01 to 2025-12-31

GOODWILL INDUSTRIES OF LUBBOCK INC, founded in 1966, is a mid-sized nonprofit in the Employment sector that reported $13.9M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $12.6M left a modest 10% surplus.

Mission

GOODWILL IS A LOCAL NONPROFIT HELPING PEOPLE OVERCOME CHALLENGES, BUILD SKILLS, FIND JOBS AND GROW CAREERS.

Program Service Accomplishments

Program 1

Expenses: $10,402,127 Revenue: $3,873,209

GOODWILL UTILIZES RETAIL STORES TO PROVIDE ON-THE-JOB TRAINING AND PROVIDES EDUCATION AND CAREER SERVICES TO PEOPLE WITH DISABILITIES, DISADVANTAGES AND OTHERS HAVING A HARD TIME FINDING EMPLOYMENT. INDIVIDUALS ACHIEVE GREATER LEVELS OF SELF-SUFFICIENCY AND ECONOMIC SUCCESS THROUGH GOODWILL'S WORKFORCE DEVELOPMENT SERVICES. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN ITS RETAIL STORES. REVENUE FROM THE SALE OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING COMMUNITY PROGRAMS AND JOB PLACEMENT SERVICES, AS WELL AS EMPLOYING INDIVIDUALS WHO MIGHT HAVE DIFFICULTY LOCATING AND RETAINING A JOB IN A MORE COMPETITIVE ENVIRONMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $9,934,970

Program Service Revenue $3,879,780

Investment Income $131,206

Other Revenue $0

TOTAL REVENUE $13,945,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,056,713

Fundraising Expenses $34,196

Program Expenses $10,402,127

Other Expenses $4,493,791

TOTAL EXPENSES $12,550,504

Year-over-Year Comparison

	2025	2024	Change
Revenue	$13,945,956	$12,810,135	+0.1%
Expenses	$12,550,504	$12,241,996	+0.0%
Net Income	$1,395,452	$568,139	+1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

428

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

$577,559

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANNAH TATUM	FORMER 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	1.00	Officer Director	$0	$0	$0
BEN ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
BILL STUBBLEFIELD	DIRECTOR	1.00	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	$232,811	$46,373	$279,184
JILL CORDES	CFO	40.00	Officer	$127,423	$13,895	$141,318
NICK ROBINSON	COO	45.00	Officer	$129,717	$27,340	$157,057
DAVID GONZALEZ	EMPLOYEE	40.00	Highest	$105,264	$14,116	$119,380

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	$13,945,956	$12,550,504	$16,589,564	$1,395,452
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