Goodwill Industries of FW Foundation Inc (EIN 752722967) - 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

1997

Legal Domicile

Principal Officer

Kimberly Casarez

Phone

8173327866

Tax Period

2023-01-01 to 2023-12-31

Goodwill Industries of FW Foundation Inc, founded in 1997, is a mid-sized nonprofit in the Employment sector that reported $10.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $7.2M, a strong 71% operating margin.

Mission

THE FOUNDATION WAS ESTABLISHED TO RECEIVE TRUST FUNDS AND PARTICIPATE IN FUND RAISING PROGRAM TO ENABLE GOODWILL INDUSTRIES OF FORT WORTH,INC. TO FULFILL ITS MISSION IN THE COMMUNITY.

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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 $0

Program Service Revenue $0

Investment Income $1,852,971

Other Revenue $8,336,815

TOTAL REVENUE $10,189,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $2,944,060

TOTAL EXPENSES $2,944,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,189,786	$8,529,870	+0.2%
Expenses	$2,944,060	$2,395,973	+0.2%
Net Income	$7,245,726	$6,133,897	+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

N/A

Volunteers

N/A

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

$634,301

Total Directors

$634,301

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Cox	Director	1.0	Officer Director	$0	$63,635	$634,301
Mike Griffin	Board Chair	1.0	Officer Director	$0	$0	$0
John P Boswell	Vice Chair	1.0	Officer Director	$0	$0	$0
Rob Kelly III	DIRECTOR	1.0	Director	$0	$0	$0
roger Yandell	Treasurer	1.0	Officer Director	$0	$0	$0
Jim Rhodes	Director	1.0	Director	$0	$0	$0
Kip Adams	Director	1.0	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	$10,189,786	$2,944,060	$55,268,114	$7,245,726
2022	$8,529,870	$2,395,973	$43,613,403	$6,133,897
2021	$11,489,459	$1,886,312	$43,278,475	$9,603,147
2020	$2,098,639	$2,046,930	$34,584,030	$51,709
2019	$2,819,095	$3,141,442	$32,010,746	$-322,347
2018	$4,292,885	$180,953	$25,154,869	$4,111,932

Goodwill Industries of FW Foundation Inc