Goods Recycling Inc

EIN: 850844188 501(c)(3) Human Services

Springfield, VA

Total Revenue
$1,281,468
Total Expenses
$1,275,375
Total Assets
$226,323
Net Assets
$227,492
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
Aaron Robins
Phone
2025003873
Tax Period
2025-01-01 to 2025-12-31

Goods Recycling Inc is a small nonprofit in the Human Services sector that reported $404K in total revenue in fiscal year 2021. Expenses of $391K left a modest 3% surplus.

Mission

Goods Recycling Inc reduces textile waste by collecting sorting and redistributing clothing and shoes We provide donated goods to local charities and individuals in need while supporting sustainability through reuse

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,850
Other Revenue $1,278,618
TOTAL REVENUE $1,281,468

Expense Breakdown

Grants Paid $72,500
Salaries & Benefits $247,307
Fundraising Expenses $34,836
Program Expenses $72,500
Other Expenses $955,568
TOTAL EXPENSES $1,275,375

Year-over-Year Comparison

2025 2024 Change
Revenue $1,281,468 $1,070,397 +0.2%
Expenses $1,275,375 $1,080,806 +0.2%
Net Income $6,093 $-10,409 -1.6%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
N/A
Employees
7
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
3
$53,000
Total Directors
3
$53,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON ROBBINS President 40.00
Officer Director
$53,000 $0 $53,000
RICHARD NASHWINTER Secretary Director 6.00
Officer Director
$0 $0 $0
NATHANAEL GAINES JR Treasurer 1.00
Officer 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
2025 $1,281,468 $1,275,375 $226,323 $6,093
2024 $1,070,397 $1,080,806 $209,546 $-10,409
2023 $700,825 $655,296 $189,287 $45,529
2022 $363,111 $257,321 $164,163 $105,790
2021 $403,545 $390,598 $54,311 $12,947
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