Goodwill Industries Of Akron Inc

Organization Overview

Goodwill Industries Of Akron Inc is located in Akron, OH. The organization was established in 1938. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2021, Goodwill Industries Of Akron Inc employed 899 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Akron Inc 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 12/2021, Goodwill Industries Of Akron Inc generated $25.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $24.4m during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP PEOPLE FIND AND RETAIN EMPLOYMENT BY SELLING DONATED GOODS AND PROVIDING TRAINING SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ITEMS ARE DONATED FROM GENEROUS DONORS THROUGH ITS RETAIL STORES, ATTENDED DONATION SITES, AND THROUGH ESTATE OR HOME PICKUPS. THE ITEMS ARE SOLD IN ITS 14 RETAIL STORES, BOUTIQUE, ONLINE THROUGH SHOPGOODWILL.COM, EBOOKS, OR AUTO AUCTIONS. ITEMS THAT DO NOT SELL IN RETAIL LOCATIONS ARE SOLD THROUGH AN OUTLET STORE. REMAINING UNSOLD DONATIONS ARE SOLD AS SALVAGE TO KEEP ITEMS FROM THE TRASH, AS WELL AS EARNING DOLLARS TO PROMOTE THE MISSION. A TOTAL OF 119 WORK EXPERIENCE, WORK ADJUSTMENT, AND VOCATIONAL EVALUATION CLIENTS PARTICIPATED IN TRAINING OR EMPLOYMENT EXPERIENCE IN THE RETAIL AREA IN 2021.


MISSION SERVICES INCLUDES A VAST ARRAY OF EMPLOYEE/EMPLOYER SERVICES FOR THE CAREER/JOB-SEEKER. THE GOODWILL INDUSTRIES OF AKRON, OHIO, INC. OFFERS CAREER EXPLORATION, ADVISING SERVICES, RESUME AND INTERVIEW PREPARATION, AS WELL AS SKILL IDENTIFICATION. FOR THE BUSINESS/EMPLOYER, WE OFFER RECRUITING, APPLICANT SCREENING, AND PRE-EMPLOYMENT TESTING. FOR THOSE IN NEED OF MORE INTENSIVE SERVICES, GOODWILL OFFERS THE FOLLOWING INDIVIDUALIZED SERVICES: ASSESSMENTS, ADJUSTMENTS, EVALUATIONS FOR INDIVIDUALS WITH VISUAL IMPAIRMENTS, JOB COACHING, PLACEMENT AND RETENTION, WORK EXPERIENCE, AND YOUTH PROGRAMS. WORKFORCE DEVELOPMENT ALSO HOSTS A RADIO READING PROGRAM SERVING THE VISUALLY IMPAIRED OR COGNITIVELY CHALLENGED IN THE AREA. THE ELIZABETH CLARK PROGRAM SERVES THOSE IN NEED IN OUR AREA WITH VOUCHERS TO OUR RETAIL LOCATIONS DURING 2021. WORKFORCE DEVELOPMENT REFERRED 512 PARTICIPANTS FOR PLACEMENT AND PLACED 423. IN TOTAL, IT SERVED 11,328 INDIVIDUALS, IN ADDITION TO 512 RECEIVING PLACEMENT SERVICES, 83 RECEIVED VOCATIONAL EVALUATIONS, ASSESSMENTS, AND ADJUSTMENTS; 146 PARTICIPATED IN YOUTH PROGRAMS; 185 PARTICIPATED IN WORK EXPERIENCE; 120 PARTICIPATED IN JOB SKILL CLASSES, WORKSHOPS, AND JOB FAIRS; 8,793 RECEIVED JOB SEARCH ASSISTANCE AND EMPLOYER SERVICES, INCLUDING RECRUITMENT, SCREENING, TESTING, TRAINING AND OUTPLACEMENT; 147 RECEIVED JOB COACHING SERVICES; 1,431 RECEIVED OTHER SERVICES INCLUDING BUS PASSES, ELIZABETH CLARK EMERGENCY FUND GIFT CARDS, AND RADIO READING.


CONTRACT SERVICES INCLUDES ASSEMBLY OPERATIONS AND INDUSTRIAL SEWING AND IS CERTIFIED TO ISO 9001 2015. IT IS A PARTICIPANT IN THE STATE USE PROGRAM, PROVIDING ITEMS SUCH AS SAFETY VESTS, TOWELS, WASHCLOTHS, APRONS AND LAUNDRY BAGS. ITS SEWING DEPARTMENT ALSO OFFERS CUSTOMIZED INDUSTRIAL SEWING FOR AREA BUSINESSES. ASSEMBLY OPERATIONS OFFERS LOCAL BUSINESSES WITH INDIVIDUALIZED ASSEMBLY NEEDS, SUCH AS COLLATING, DIE-CUTTING, HEAT SHRINKING, PACKAGING, KITTING, DE-MANUFACTURING, RE-WORK, SORTING, LABELING AND PROTOTYPING . 10 INDIVIDUALS IN WORK EXPERIENCE, VOCATIONAL EVALUATION, AND WORK ADJUSTMENT WERE PROVIDED TRAINING OR EMPLOYMENT EXPERIENCE IN 2021 THROUGH THE CONTRACTS DIVISION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$29,727
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,017,388
Noncash contributions included in lines 1a–1f $6,720,143
Total Revenue from Contributions, Gifts, Grants & Similar$7,047,115
Total Program Service Revenue$18,255,267
Investment income $230,820
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $370,610
Net Income from Fundraising Events $32,961
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $25,945,292

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Goodwill Industries Of Akron Inc has recieved totaling $372,112.

Awarding OrganizationAmount
Goodwill Industries International Inc

Rockville, MD

PURPOSE: ACCENTURE SKILLS TO SUCCEED 3, SCSEP PY 2020 DIRECT, SCSEP PY 2021 DIRECT

$200,090
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$123,213
Lois Sisler Mcfawn Foundation

Brooklyn, OH

PURPOSE: GENERAL

$12,500
Welty Family Foundation

Akron, OH

PURPOSE: COMMUNITY

$10,000
Mary And Dr George L Demetros Charitable Trust

Columbus, OH

PURPOSE: GENERAL OPERATINGSUPPORT FORMISSION SERVICES

$7,000
United Way Of Summit And Medina

Akron, OH

PURPOSE: DONOR DESIGNATIONS

$5,276
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,896,340
Earnings$791,415
Net Contributions$50,000
Other Expense$272,208
Ending Balance$11,465,547

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