Good Will Home Association
- Assets
- $26.9m
- Revenue
- $5.8m
- Investments
- $12.9k
- Employees
- 106
- Location
- Hinckley, ME
- Founding
- 05/1940
- Data as of
- 06/2021
- EIN
- 01-0211508
Organization Overview
Good Will Home Association, operating under the name Good Will-Hinckley, is located in Hinckley, ME. The organization was established in 1940. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Good Will-Hinckley employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Will-Hinckley is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Good Will-Hinckley generated $5.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 10.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL PROVIDING SERVICES TO NEEDY AND DESERVING CHILDREN RANGING IN AGE FROM 11 TO 21.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOOD WILL HOME ASSOCIATION PROVIDES RESIDENTIAL AND EDUCATIONAL SERVICES TO YOUTH AND ADULTS AGES 5-26.
L.C. BATES MUSEUM - THE MUSEUM OFFERS EDUCATIONAL NATURAL HISTORY AND CULTURAL PROGRAMS AND EXHIBITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Moody Executive Director | Officer | 40 | $158,752 |
Angela Hesketh VP Director Of Finance | Officer | 20 | $43,650 |
Ben Ward Vice Chair | OfficerTrustee | 1 | $0 |
Art Blank Chair | OfficerTrustee | 1 | $0 |
Robert Dodge Vice Chair | OfficerTrustee | 1 | $0 |
Diane Kindler Secretary/program Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dubois Construction Building Rehabilitation | 6/29/18 | $104,831 |
Mansir Roofing Roof Construction | 6/29/18 | $111,315 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,654 |
| Related organizations | $564,557 |
| Government grants | $61,089 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,506 |
| Noncash contributions included in lines 1a–1f | $14,225 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $938,806 |
| Total Program Service Revenue | $4,108,010 |
| Investment income | $324,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $425,749 |
| Net Gain/Loss on Asset Sales | $14,026 |
| Net Income from Fundraising Events | $32,023 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,842,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,283 |
| Compensation of current officers, directors, key employees. | $230,283 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,360,935 |
| Pension plan accruals and contributions | $335,689 |
| Other employee benefits | $617,228 |
| Payroll taxes | $81,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,756 |
| Fees for services: Accounting | $30,921 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,070 |
| Fees for services: Other | $340,703 |
| Advertising and promotion | $18,051 |
| Office expenses | $12,753 |
| Information technology | $37,065 |
| Royalties | $0 |
| Occupancy | $318,853 |
| Travel | $39,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,562 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $633,210 |
| Insurance | $100,611 |
| All other expenses | $0 |
| Total functional expenses | $6,493,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,052 |
| Savings and temporary cash investments | $3,978,020 |
| Pledges and grants receivable | $351,759 |
| Accounts receivable, net | $635,670 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $63,521 |
| Net Land, buildings, and equipment | $9,942,328 |
| Investments—publicly traded securities | $661,301 |
| Investments—other securities | $12,856 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,232,485 |
| Total assets | $26,883,992 |
| Accounts payable and accrued expenses | $594,947 |
| Grants payable | $0 |
| Deferred revenue | $19,120 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $298,152 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,018,562 |
| Total liabilities | $1,930,781 |
| Net assets without donor restrictions | $13,449,825 |
| Net assets with donor restrictions | $11,503,386 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,883,992 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Good Will Home Association has recieved totaling $165,536.
| Awarding Organization | Amount |
|---|---|
Unity Foundation Unity, ME PURPOSE: Program Support | $80,000 |
Z A Mersereau Trust 38 Main St Portland, ME PURPOSE: GENERAL FINANCIAL SUPPORT | $36,134 |
Edward H Daveis Benevolent Fund Ellsworth, ME PURPOSE: Boys & Girls Clubs | $10,000 |
Lucille M Potter Charitable Fund Brooklyn, OH PURPOSE: GENERAL OPERATING | $9,600 |
Mary C Brainard Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $8,117 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Children & Youth Services | $6,270 |
Endowment Analysis
| Beg. Balance | $559,752 |
| Earnings | $140,276 |
| Ending Balance | $700,028 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohi Bangor, ME | $13,084,805 | $19,060,521 |
Casa Inc Westbrook, ME | $12,191,880 | $14,640,261 |
Good Will Home Association Hinckley, ME | $26,883,992 | $5,842,955 |
Mobius Inc Damariscotta, ME | $5,251,239 | $7,303,143 |
Commonsense Housing Inc Eddington, ME | $1,584,951 | $3,519,580 |
Yesterdays Children Inc Ellsworth, ME | $1,571,199 | $3,366,692 |
Webster House Manchester, NH | $8,150,133 | $1,936,262 |
St Marys Residence Lewiston, ME | $3,490,165 | $1,858,369 |
Rumford Group Home Inc Rumford, ME | $5,150,241 | $1,248,152 |
St Andre Home Inc Bangor, ME | $4,523,939 | $454,432 |
Maine Resource Development Corp Windham, ME | $121,156 | $739,250 |
Four Winds Community Temple, NH | $1,063,184 | $686,372 |