GOODWILL INDUSTRIES OF CENTRAL EAST TEXAS INC

EIN: 752204594 501(c)(3) Employment

LUFKIN, TX

Total Revenue
$6,313,268
Total Expenses
$5,318,819
Total Assets
$4,049,498
Net Assets
$3,562,970
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
TX
Principal Officer
KEVIN BRADFORD
Phone
9366328838
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF CENTRAL EAST TEXAS INC, founded in 1988, is a community nonprofit in the Employment sector that reported $6.3M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $994K, a strong 16% operating margin.

Mission

GOODWILL PARTNERS WITH WORKFORCE SOLUTIONS DEEP EAST TEXAS TO OVERSEE THE NEW CCS PROGRAM, WHICH PROVIDES FINANCIAL ASSISTANCE FOR CHILDCARE TO LOW- INCOME FAMILIES IN THE 12-COUNTY DEEP EAST TEXAS REGION IN ORDER TO HELP THEM FIND/RETAIN EMPLOYMENT AND PARTICIPATE IN TRAINING/EDUCATION PROGRAMS AS THEY WORK TO IMPROVE THEIR LIVES AND THE LIVES OF THEIR CHILDREN.

Program Service Accomplishments

Program 1
Expenses: $3,461,599 Revenue: $2,603,807

DONATED GOODS RETAIL (DGR) PROGRAM: THIS PROGRAM CONSISTS OF THE FOLLOWING: ATTENDED DONATION CENTERS, TRADITIONAL RETAIL STORES, AN E-COMMERCE "VIRTUAL" STORE, THE LOGISTICS DEPARTMENT (FOR MOVING...

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DONATED GOODS RETAIL (DGR) PROGRAM: THIS PROGRAM CONSISTS OF THE FOLLOWING: ATTENDED DONATION CENTERS, TRADITIONAL RETAIL STORES, AN E-COMMERCE "VIRTUAL" STORE, THE LOGISTICS DEPARTMENT (FOR MOVING DONATIONS, STORING DONATIONS, AND SUPPORTING THE RETAIL STORES), AND THE POST- RETAIL/RECYCLING OPERATION. THE COLLECTION & SALE OF DONATED GOODS PRODUCES REVENUE GOODWILL USES TO PROVIDE EMPLOYMENT-RELATED SERVICES TO THE COMMUNITY. MORE IMPORTANTLY, HOWEVER, EACH DEPARTMENT IN THE DGR PROGRAM SERVES AS A TRAINING CENTER WHERE CLIENTS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT GAIN VALUABLE SKILLS NEEDED TO PREPARE FOR AND OR INTEGRATE BACK INTO THE WORLD OF WORK. EVERY TEAM MEMBER IN DGR HAS TWO ROLES: 1) DOING THE JOB HE OR SHE WAS HIRED TO DO AND 2) SERVING AS A TRAINER/COACH FOR CLIENTS WITH DISABILITIES & OTHER BARRIERS TO EMPLOYMENT WHILE THESE CLIENTS RECEIVED REAL-WORLD ON- THE-JOB TRAINING IN OUR DGR FACILITIES. IN 2023, GOODWILL SERVED 30,339 DONORS AND 143,395 CUSTOMERS THROUGH THE DGR PROGRAM. GOODWILL RECYCLED, AND/OR REPURPOSED APPROXIMATELY 704,928 POUNDS OF DONATIONS IN OUR POST-RETAIL/RECYCLING DEPARTMENT. THE DGR PROGRAM PROVIDED 3,845,997 IN REVENUE TO SUPPORT OUR MISSION. THROUGHOUT 2023, GOODWILL EMPLOYED 233 PEOPLE, INCLUDING SHORT-TERM, PAID ON-THE-JOB TRAINING CLIENTS, WITH 44% OF THOSE HAVING DISABILITIES AND/OR OTHER BARRIERS TO EMPLOYMENT. GOODWILL PAID 2,548,007 IN WAGES AND BENEFITS, INCLUDING 618,462 TO PEOPLE WITH DISABILITIES AND/OR OTHER BARRIERS TO EMPLOYMENT.

Program 2
Expenses: $226,151 Revenue: $268,442

MISSION SERVICES PROGRAMS: THE MISSION SERVICES PROGRAM PROVIDES AN ARRAY OF SERVICES THAT PREPARE CLIENTS FOR EMPLOYMENT, INCLUDING EMPLOYMENT-RELATED TRAINING/ CERTIFICATIONS, JOB PLACEMENT AND...

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MISSION SERVICES PROGRAMS: THE MISSION SERVICES PROGRAM PROVIDES AN ARRAY OF SERVICES THAT PREPARE CLIENTS FOR EMPLOYMENT, INCLUDING EMPLOYMENT-RELATED TRAINING/ CERTIFICATIONS, JOB PLACEMENT AND RETENTION ASSISTANCE, AND FAMILY FINANCIAL STABILITY SERVICES, SUCH AS FINANCIAL EDUCATION, FINANCIAL COACHING AND ASSET-BUILDING SUPPORT. THESE SERVICES ARE FUNDED THROUGH THE DGR PROGRAM REVENUES, FEE-FOR-SERVICE FUNDS, PUBLIC & PRIVATE GRANTS, & DONOR CONTRIBUTIONS. IN 2023, THE MISSION SERVICES PROGRAM SERVED 8,077 INDIVIDUALS.

Program 3
Expenses: $1,156,624

CONTRACT SERVICES PROGRAM: THIS PROGRAM CREATES JOB OPPORTUNITIES FOR PEOPLE WITH DISABILITIES WHILE SIMULTANEOUSLY PROVIDING NEEDED SERVICES & PRODUCTS TO STATE & FEDERAL AGENCIES IN THE LOCAL...

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CONTRACT SERVICES PROGRAM: THIS PROGRAM CREATES JOB OPPORTUNITIES FOR PEOPLE WITH DISABILITIES WHILE SIMULTANEOUSLY PROVIDING NEEDED SERVICES & PRODUCTS TO STATE & FEDERAL AGENCIES IN THE LOCAL COMMUNITIES WE SERVE. CURRENTLY, WE HAVE CONTRACTS WITH STATE GOVERNMENTAL AGENCIES WHEREBY WE HIRE PEOPLE WITH DISABILITIES TO FILL OPEN POSITIONS THEY HAVE AVAILABLE OR PROVIDE NEEDED SERVICES IN THEIR FACILITIES. IN 2023, GOODWILL EMPLOYED 11 PEOPLE WITH DISABILITIES AND OTHER BARRIERS AT THREE STATE AGENCIES IN THE REGION. THESE CLIENTS WORKED OVER 6,489 HOURS. THEY WERE PAID WAGES OF APPROXIMATELY 162,452.

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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 $3,402,980
Program Service Revenue $2,872,249
Investment Income $18,285
Other Revenue $19,754
TOTAL REVENUE $6,313,268

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,761,230
Fundraising Expenses $0
Program Expenses $4,844,374
Other Expenses $2,557,589
TOTAL EXPENSES $5,318,819

Year-over-Year Comparison

2023 2022 Change
Revenue $6,313,268 $5,091,750 +0.2%
Expenses $5,318,819 $4,763,583 +0.1%
Net Income $994,449 $328,167 +2.0%
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
10
Independent Members
10
Employees
233
Volunteers
52

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
2
$283,738
Total Directors
10
$186,098
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON WEIR DIRECTOR 2.00
Director
$0 $0 $0
AUTUMN FINCHUM DIRECTOR 2.00
Director
$0 $0 $0
CHELSEY MCCLENDON DIRECTOR 2.00
Director
$0 $0 $0
PHIL METZINGER DIRECTOR 2.00
Director
$0 $0 $0
JOE HAVARD DIRECTOR 2.00
Director
$0 $0 $0
AMANDA DOUGHERTY DIRECTOR 2.00
Director
$0 $0 $0
DAVID TUBERVILLE DIRECTOR 2.00
Director
$0 $0 $0
LINDA ORCUTT DIRECTOR 2.00
Director
$0 $0 $0
CASSIDY KIRKLAND DIRECTOR 2.00
Director
$0 $0 $0
KEVIN BRADFORD EXECUTIVE DI 40.00
Officer Director
$182,078 $4,020 $186,098
TYRONE DAVIS FINANCIAL DI 40.00
Officer
$97,640 $0 $97,640
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 $6,313,268 $5,318,819 $4,049,498 $994,449
2022 $5,091,750 $4,763,583 $2,803,995 $328,167
2021 $3,755,253 $3,629,751 $2,393,898 $125,502
2020 $3,975,845 $3,536,522 $2,224,095 $439,323
2019 $3,818,018 $3,819,048 $1,777,997 $-1,030
2018 $3,569,494 $3,581,928 $1,838,969 $-12,434
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