GOODWILL INDUSTRIES FOUNDATION OF NORTHWEST OHIO INC

EIN: 873105138 501(c)(3) Philanthropy & Grantmaking

TOLEDO, OH

Total Revenue
$459,918
Total Expenses
$116,341
Total Assets
$2,624,564
Net Assets
$2,621,164
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
OH
Principal Officer
AMY WACHOB
Phone
4192550070
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES FOUNDATION OF NORTHWEST OHIO INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $460K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $344K, a strong 75% operating margin.

Mission

THE GOODWILL FOUNDATION SUPPORTS GOODWILL INDUSTRIES OF NORTHWEST OHIO'S CHARITABLE MISSION AND ESTABLISHES AND ENHANCES MISSION PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $107,000 Revenue: $0

GOODWILL INDUSTRIES FOUNDATION OF NORTHWEST OHIO, INC. IS A NONPROFIT OHIO CORPORATION ORGANIZED IN 2022 TO OPERATE TO SUPPORT THE CHARITABLE MISSION OF GOODWILL INDUSTRIES OF NORTHWEST OHIO, INC...

Read more

GOODWILL INDUSTRIES FOUNDATION OF NORTHWEST OHIO, INC. IS A NONPROFIT OHIO CORPORATION ORGANIZED IN 2022 TO OPERATE TO SUPPORT THE CHARITABLE MISSION OF GOODWILL INDUSTRIES OF NORTHWEST OHIO, INC., AS WELL AS TO ESTABLISH AND ENHANCE MISSION PROGRAMS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $324,990
Program Service Revenue $0
Investment Income $134,928
Other Revenue $0
TOTAL REVENUE $459,918

Expense Breakdown

Grants Paid $107,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,000
Other Expenses $9,341
TOTAL EXPENSES $116,341

Year-over-Year Comparison

2023 2022 Change
Revenue $459,918 $2,274,611 -0.8%
Expenses $116,341 $121,000 0.0%
Net Income $343,577 $2,153,611 -0.8%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
6
$497,932
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN WASILAUSKY CHAIR OF BOARD 1.00
Officer Director
$0 $0 $0
BILL LIFE TREASURER 1.00
Officer Director
$0 $0 $0
MATT FORTUNAK SECRETARY 1.00
Officer Director
$0 $0 $0
AMY WACHOB PRESIDENT/CEO 1.00
Officer
$0 $22,151 $232,601
KELLIE SCHLACHTER CFO 1.00
Officer
$0 $25,302 $148,770
DAVID TAKATS CMO 1.00
Officer
$0 $0 $116,561
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 $459,918 $116,341 $2,624,564 $343,577
2022 $2,274,611 $121,000 $2,178,448 $2,153,611
Explore More Nonprofits
→Top 100 Nonprofits in Ohio →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GOODWILL INDUSTRIES FOUNDATION OF NORTHWEST OHIO INC with other nonprofits in Ohio and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.