Goodwill Industries Of Central Oklahoma Inc
- Assets
- $22.3m
- Revenue
- $41.4m
- Investments
- $0.0
- Employees
- 1,818
- Location
- Oklahoma City, OK
- Founding
- 04/1938
- Data as of
- 12/2021
- EIN
- 73-0641590
Organization Overview
Goodwill Industries Of Central Oklahoma Inc is located in Oklahoma City, OK. 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 Central Oklahoma Inc employed 1,818 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Central Oklahoma 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 Central Oklahoma Inc generated $41.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $34.2m during the year ending 12/2021. While expenses have increased by 2.6% 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.
Since 2015, Goodwill Industries Of Central Oklahoma Inc has awarded 17 individual grants totaling $1,233,912. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HELP PEOPLE OVERCOME CHALLENGES TO EMPLOYMENT. THIS IS ACCOMPLISHED THROUGH THE OPERATION OF RETAIL STORES AND OFFERING A VARIETY OF PROGRAMS DESIGNED TO MAKE INDIVIDUALS MORE CAREER READY. WE ALSO OVERSEE PROGRAMS THAT WORK WITH LOCAL AREA BUSINESSES, PROVIDING VALUABLE SERVICES AND COMMUNITY IMPROVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL OPERATES RETAIL STORES, ATTENDED DONATION CENTERS, A JOB CONNECTION CENTER, AND OTHER FACILITIES ACROSS CENTRAL OKLAHOMA. THROUGH OUR DONATED GOODS RETAIL OPERATIONS,WE EMPLOYED OVER 1,500 EMPLOYEES DURING 2021. IN ADDITION TO TRADITIONAL RETAIL EMPLOYMENT OPPORTUNITIES, GOODWILL ALSO OPERATES ITS GOODWILL WORKS PROGRAM, A VOCATIONAL TRAINING PROGRAM DESIGNED TO ASSIST INDIVIDUALS IN ACQUIRING WORK EXPERIENCE, JOB READINESS SKILLS, AND VOCATIONAL EXPLORATION GEARED TOWARDS DEFINING AN INDIVIDUALS' CAREER GOALS. GOODWILL WORKS UTILIZES SUPERVISED WORK CREWS, CLASSROOM INSTRUCTION AND COMMUNITY EXPERIENCE TO TRAIN THE BASIC RESPONSIBILITIES AND APPROPRIATE WORK HABITS,ATTITUDES, AND PERSONAL / SOCIAL ADJUSTMENT SKILLS NEEDED TO BE SUCCESSFUL IN COMMUNITY INTEGRATED EMPLOYMENT. _
AS A FULL-SERVICE CONTRACTOR, GOODWILL HAS PROVIDED PROFESSIONAL JANITORIAL AND UNARMED SECURITY SERVICES FOR MORE THAN 20 YEARS TO LOCAL AGENCIES AND COMMERCIAL BUSINESSES IN CENTRAL OKLAHOMA. THROUGH THIS INITIATIVE, GOODWILL HAS EMPLOYED HUNDREDS OF EMPLOYEES OVER TWO DECADES, ADVANCING OUR MISSION THROUGH THE POWER OF WORK.
GOODWILL'S SUPPORTIVE SERVICES FOR VETERAN FAMILIES PROGRAM (SSVF) EXISTS TO PROVIDE TEMPORARY SUPPORTIVE SERVICES TO VERY LOW-INCOME VETERAN FAMILIES WHO ARE HOMELESS OR AT RISK OF BECOMING HOMELESS. THROUGH SSVF RAPID RE-HOUSING AND HOMELESSNESS PREVENTION SERVICES, VETERAN HOUSEHOLDS WILL BE SUPPORTED IN MAINTAINING LONG-TERM HOUSING STABILITY. SERVICES PROVIDED WITHIN THE SSVF PROGRAM INCLUDE THE FOLLOWING: OUTREACH, CASE MANAGEMENT, EMPLOYMENT CONSULTANTS, BENEFIT SPECIALISTS, HOUSING NAVIGATORS, LEGAL ASSISTANCE, EMERGENCY HOUSING STABILITY ASSISTANCE, TEMPORARY FINANCIAL ASSISTANCE, VA BENEFITS ASSISTANCE, PUBLIC AND COMMUNITY ASSISTANCE, AND REFERRALS TO OTHER SERVICES.
OTHER PROGRAM SERVICE ACTIVITIES INCLUDE THE FOLLOWING: (SEE CONTINUED IN SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Priest President And CEO | Officer | 40 | $246,545 |
Traci Moses VP - Enterprise Support | Officer | 40 | $163,760 |
Frank Holland VP - Donated Goods Retail | Officer | 40 | $150,361 |
James Rodgers Area Manager | 40 | $129,141 | |
Lisa Dillon VP - Workforce Development | 40 | $124,321 | |
Shellie Simpson Area Manager | 40 | $118,066 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Store Master Funding X Llc Landlord | 12/30/21 | $471,252 |
Agree Limited Partnership Landlord | 12/30/21 | $416,197 |
Danforth Development Llc Landlord | 12/30/21 | $386,544 |
Royal Park Business Development Landlord | 12/30/21 | $454,953 |
Waste Connections Of Ok Trash Removal & Dumping | 12/30/21 | $455,887 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $24,000 |
| Membership dues | $0 |
| Fundraising events | $187,960 |
| Related organizations | $0 |
| Government grants | $5,234,627 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,382,066 |
| Noncash contributions included in lines 1a–1f | $34,204,454 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,828,653 |
| Total Program Service Revenue | $1,510,459 |
| Investment income | $48,704 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,130 |
| Net Gain/Loss on Asset Sales | $5,953 |
| Net Income from Fundraising Events | -$49,772 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,370,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $71,719 |
| Grants and other assistance to domestic individuals. | $849,198 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $783,405 |
| Compensation of current officers, directors, key employees. | $630,272 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,675,133 |
| Pension plan accruals and contributions | $167,488 |
| Other employee benefits | $1,738,954 |
| Payroll taxes | $1,452,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,527 |
| Fees for services: Accounting | $60,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,148 |
| Fees for services: Other | $635,915 |
| Advertising and promotion | $66,009 |
| Office expenses | $432,214 |
| Information technology | $859,693 |
| Royalties | $0 |
| Occupancy | $7,128,636 |
| Travel | $758,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $113,875 |
| Payments to affiliates | $170,462 |
| Depreciation, depletion, and amortization | $918,407 |
| Insurance | $386,416 |
| All other expenses | $217,757 |
| Total functional expenses | $34,155,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,732,805 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,000 |
| Accounts receivable, net | $503,868 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,009,830 |
| Prepaid expenses and deferred charges | $331,208 |
| Net Land, buildings, and equipment | $9,172,228 |
| Investments—publicly traded securities | $4,981,064 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $569,202 |
| Total assets | $22,312,205 |
| Accounts payable and accrued expenses | $4,036,907 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,098,264 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,135,171 |
| Net assets without donor restrictions | $15,787,928 |
| Net assets with donor restrictions | $389,106 |
| 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 | $22,312,205 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of Central Oklahoma Inc has awarded $71,719 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: CRISIS INTERVENTION | $48,604 |
Oklahoma City, OK PURPOSE: LEGAL ASSISTANCE | $23,115 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Goodwill Industries Of Central Oklahoma Inc has recieved totaling $40,071.
| Awarding Organization | Amount |
|---|---|
Love Meyer Family Foundation Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $20,000 |
Kirkpatrick Foundation Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $10,000 |
Arvest Foundation Bentonville, AR PURPOSE: TO ASSIST IN FINANCIAL SUPPORT OF EMPLOYING OKLAHOMANS. | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Endowment Analysis
| Beg. Balance | $521,820 |
| Earnings | $70,789 |
| Other Expense | $23,407 |
| Ending Balance | $569,202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Denver Colorado Springs, CO | $41,514,636 | $66,786,496 |
Goodwill Industries Of San Antonio San Antonio, TX | $79,750,771 | $68,496,926 |
Goodwill Industries Of Arkansas Inc Little Rock, AR | $54,825,832 | $52,717,160 |
Goodwill Industries Of Fort Worth Inc Fort Worth, TX | $55,034,581 | $45,984,473 |
Goodwill Industries Of Central Oklahoma Inc Oklahoma City, OK | $22,312,205 | $41,370,526 |
Goodwill Industries Of New Mexico Albuquerque, NM | $43,991,609 | $29,376,225 |
Goodwill Of Western Missouri And Eastern Kansas Kansas City, MO | $10,740,171 | $18,183,269 |
Goodwill Industries Of Dallas Inc Dallas, TX | $81,029,140 | $33,416,425 |
Goodwill Industries Of South Texas Inc Corpus Christi, TX | $8,317,143 | $25,719,270 |
Goodwill Industries Of Tulsa Inc Tulsa, OK | $55,800,600 | $24,440,574 |
Goodwill Industries Of Kansas Inc Wichita, KS | $47,629,686 | $26,875,778 |
Heart Of Texas Goodwill Industries Waco, TX | $52,546,086 | $25,419,313 |