Goodwill Industries Of Central Texas

Organization Overview

Goodwill Industries Of Central Texas is located in Austin, TX. The organization was established in 1960. 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 Texas employed 4,328 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Central Texas 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 Texas generated $208.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $176.4m during the year ending 12/2021. While expenses have increased by 14.8% 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

GOODWILL INDUSTRIES OF CENTRAL TEXAS (GICT) IS TRANSFORMING GENERATIONS BY EMPOWERING PEOPLE THROUGH EDUCATION, CAREER TRAINING, AND WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTED EMPLOYMENT RETAILGOODWILL RETAIL LOCATIONS DRIVE OVER 60% OF THE TOTAL REVENUE TO FUND NO COST EDUCATION, CAREER TRAINING, AND JOB PLACEMENT SERVICES FOR PEOPLE WHO ARE MARGINALIZED IN OUR COMMUNITY. RETAIL STORES ALSO SERVE AS TRANSITIONAL EMPLOYMENT SITES OFFERING TRAINING, WORK EXPERIENCE, AND INCOME FOR PEOPLE WITH OBSTACLES TO WORK, WHILE SELECT LOCATIONS HOUSE CAREER CENTERS PROVIDING ONE-ON-ONE CAREER SERVICES AND ACCESS TO EDUCATION/TRAINING PROGRAMS. GCT ALSO PROVIDES ONE-ON-ONE CAREER COACHING TO ELIGIBLE DONATED GOODS RETAIL TEAM MEMBERS TO HELP PEOPLE MEET THEIR BASIC NEEDS, IDENTIFY THEIR CAREER GOALS, AND OBTAIN THE SKILLS NECESSARY TO MEET THOSE GOALS. IN 2021, GOODWILL RETAIL LOCATIONS PROVIDED EMPLOYMENT TO 3,207 PEOPLE, OF WHICH 1,900 RECEIVED CAREER COACHING AND BASIC NEEDS ASSISTANCE.


EDUCATION AND TRAININGWORKFORCE ADVANCEMENT/CHARTER SCHOOL/GOODWILL CAREER AND TECHNICAL ACADEMYPEOPLE WHO ARE MARGINALIZED, OFTEN LIVING IN POVERTY, OR MAKING LESS THAN A LIVING WAGE, RECEIVE ONE-ON-ONE CASE MANAGEMENT AND COACHING INCLUDING SOFT SKILLS AND JOB SEARCH TRAINING, JOB READINESS TRAINING, FINANCIAL AND DIGITAL LITERACY CLASSES, INTERNSHIPS, NO COST BASIC NEEDS ASSISTANCE AND ACCESS TO MENTAL HEALTH SERVICES, JOB TRAINING, AND JOB PLACEMENT SERVICES. PARTICIPANTS MAY EARN A HIGH SCHOOL DIPLOMA, TRAIN FOR AN IN-DEMAND INDUSTRY RECOGNIZED CREDENTIAL OR COMPLETE A GED TO ASSIST IN MOVING TOWARDS A CAREER, NOT JUST A JOB. IN 2021, GCT SERVED 8,944 PEOPLE THROUGH 81,440 MISSION SERVICES, AND PLACED INDIVIDUALS INTO 1,907 JOBS. THE CHARTER SCHOOL, THE ONLY HIGH SCHOOL IN TEXAS SERVING STUDENTS AGES 18 50, ENROLLED AND SERVED 2,806 STUDENTS AND ALUMNI ACROSS 6 CAMPUSES INCLUDING TWO CORRECTIONAL FACILITIES IN 2021 AND 223 STUDENTS GRADUATED WITH THEIR DIPLOMA. THE GOODWILL CAREER AND TECHNICAL ACADEMY PROVIDED TRAINING TO 167 INDIVIDUALS AND HELPED THEM EARN 184 INDUSTRY RECOGNIZED CREDENTIALS. AVERAGE STARTING WAGE FOR CREDENTIAL EARNERS WAS $17.75.


STAFFING SERVICES AND CONTRACTSIN 2021, GSG TALENT SOLUTIONS PLACED 1,053 INDIVIDUALS INTO TEMPORARY OR TEMPORARY TO PERMANENT POSITIONS WITH 51 EMPLOYERS. ONE-ON-ONE SUPPORT IS PROVIDED TO ELIGIBLE INDIVIDUALS TO ASSIST IN HELPING THEM MOVE FROM TEMPORARY TO PERMANENT EMPLOYMENT INCLUDING BASIC NEEDS ASSISTANCE, SOFT SKILLS TRAINING, AND CAREER COACHING. THE AVERAGE HOURLY WAGE FOR 2021 WAS $20.31 AND MORE THAN $70,000 IN EMPLOYEE ASSISTANCE WAS PROVIDED TO EMPLOYEES TO INCREASE RETENTION AND SUPPORT THE MOVE INTO PERMANENT POSITIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Way Service Ltd
Maintenance
$699,306
Veryable Inc
Staffing
$712,045
Capital Constructors Group Llc
Construction
$1,790,924
Federal Express
Shipping
$733,246
Mediacentric Llc
Marketing
$721,943
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$26,084,109
Government grants $5,695,673
All other contributions, gifts, grants, and similar amounts not included above$74,460,732
Noncash contributions included in lines 1a–1f $70,962,660
Total Revenue from Contributions, Gifts, Grants & Similar$106,240,514
Total Program Service Revenue$97,045,194
Investment income $33,909
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $155,000
Net Gain/Loss on Asset Sales $5,022,598
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $208,663,678

Grants Awarded

Over the last fiscal year, Goodwill Industries Of Central Texas has awarded $28,000 in support to 2 organizations.

Grant RecipientAmount

AMERICAN RED CROSS

Org PageRecipient Profile

Washington, DC

PURPOSE: GIFT CARDS TO DISTRIBUTE TO FLOOD VICTIMS

$18,000

CITY OF AUSTIN CAREER EXPO

PURPOSE: CAREER FAIR

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Goodwill Industries Of Central Texas has recieved totaling $326,424.

Awarding OrganizationAmount
Goodwill Industries International Inc

Rockville, MD

PURPOSE: GM YOUTH & YOUNG ADULT OA2, GOOGLE IT 2.0, GOOGLE-GW DIGITAL CAREER ACCE2, GOOGLE-GW DIGITAL CAREER ACCEL, INDEED 2021

$75,950
Texas Mutual Insurance Company

Austin, TX

PURPOSE: Workforce Development & Safety Training

$75,000
Austin Community Foundation

Austin, TX

PURPOSE: THIS GRANT WILL SUPPORT SCHOLARSHIPS FOR 2021 GRADUATING SENIORS.

$60,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50,000
Flextronics Foundation

San Jose, CA

PURPOSE: GOODWILL JUMP START PROJECT

$25,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR OPERATING EXPENSES

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$224,137
Earnings-$63,134
Net Contributions$370,063
Ending Balance$531,066

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