CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $280K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 646% operating deficit.
THE GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION'S PURPOSE IS TO SUPPORT EFFORTS TO ADVANCE THE MISSION, STRATEGIC GOALS AND FINANCIAL SUSTAINABILITY OF GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC.
THE FOUNDATION SUPPORTED GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. THROUGH A GIFT. THIS GIFT WAS USED TO SUPPORT FOUR STRATEGIC INITIATIVES TO SCALE UP, ACCELERATE, AND EXPAND SERVICES AND...
THE FOUNDATION SUPPORTED GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. THROUGH A GIFT. THIS GIFT WAS USED TO SUPPORT FOUR STRATEGIC INITIATIVES TO SCALE UP, ACCELERATE, AND EXPAND SERVICES AND SUPPORTS TO PROVIDE MORE EQUITABLE ACCESS TO SKILLS, CERTIFICATIONS, SOCIAL CAPITAL, AND EMPLOYERS TO BUILD PATHWAYS TO PROSPERITY FOR MORE INDIVIDUALS IN OUR REGION. THESE INVESTMENTS ALLOWED GOODWILL TO BUILD UPON THE IMMERSIVE MODEL WITH PARTICIPANTS, EMPLOYERS, AND OTHER STRATEGIC PARTNERS AND FURTHER ENHANCE THE SYMBIOTIC RELATIONSHIP BETWEEN THEIR RETAIL STORES, COMMUNITY-BASED PROGRAMS, AND OVERALL MISSION. IN ADDITION, CAPITAL INVESTMENTS TO SUPPORT NEW RETAIL STORES WILL ACCELERATE FUTURE GROWTH, EMPLOYMENT OPPORTUNITIES, AND FINANCIAL SUSTAINABILITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $279,662 | $495,152 | -0.4% |
| Expenses | $2,087,214 | $3,093,472 | -0.3% |
| Net Income | $-1,807,552 | $-2,598,320 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SARA GARCES ROSELLI | BOARD CHAIR | 0.09 |
Officer
Director
|
$0 | $0 | $0 |
| TONY SMITH | SECRETARY/TREASURER | 0.09 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF ALVINO | DIRECTOR | 0.09 |
Director
|
$0 | $0 | $0 |
| DAVID HAGGART | DIRECTOR | 0.09 |
Director
|
$0 | $0 | $0 |
| LINDA LOCKMAN-BROOKS | DIRECTOR | 0.09 |
Director
|
$0 | $0 | $0 |
| ANNE PREDIERI | DIRECTOR | 0.09 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER JACKSON | ASSISTANT SEC/TREASURER | 0.50 |
Officer
|
$0 | $30,403 | $423,432 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $279,662 | $2,087,214 | $4,330,944 | $-1,807,552 |
| 2023 | $495,152 | $3,093,472 | $6,081,105 | $-2,598,320 |
| 2022 | $857,661 | $3,548,570 | $8,439,021 | $-2,690,909 |
| 2021 | $12,300,002 | No data | $12,307,183 | No data |
Compare GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION INC with other nonprofits in North Carolina and across the country.