Goodwill Industries Of Denver

Organization Overview

Goodwill Industries Of Denver is located in Colorado Springs, CO. The organization was established in 1933. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2018, Goodwill Industries Of Denver employed 3,096 individuals. Goodwill Industries Of Denver 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 12/2018, Goodwill Industries Of Denver generated $66.8m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $73.2m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATION, CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES TO HELP COLORADANS IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RETAIL OPERATIONS - GOODWILL OF DENVER'S RETAIL OPERATIONS ARE DEDICATED TO HIRING PEOPLE WITH BARRIERS TO EMPLOYMENT INCLUDING THOSE WITH PHYSICAL, MENTAL, EMOTIONAL, ECONOMIC, INTELLECTUAL AND BACKGROUND CHALLENGES. IN ADDITION, DONATED ITEMS ARE SOLD OR REPURPOSED TO PROVIDE SUPPORT FOR TRAINING, EDUCATION AND OTHER LIFE CHANGING OPPORTUNITIES. FINALLY, THROUGH GOODWILL OF DENVER'S OPERATIONS, APPROXIMATELY 55.4 MILLION POUNDS OF ITEMS WERE DIVERTED FROM LANDFILLS IN 2017, SAVING BOTH THE ENVIRONMENT AND DISPOSAL COST FOR TAXPAYERS.


WORKFORCE DEVELOPMENT PROGRAMS - GOODWILL'S HIGHLY SUCCESSFUL WORKFORCE DEVELOPMENT PROGRAMS IN THE COMMUNITY HELP PEOPLE FIND THE TOOLS TO SUCCEED IN WORK AND IN LIFE. GOODWILL'S PROGRAMS FOCUS ON THE POWER OF WORK, THE IDEA THAT WORK - A JOB, A CAREER, OR THE OPPORTUNITY TO PLAN FOR A FUTURE CAREER - IS THE FORCE THAT GUIDES INDIVIDUALS IN THE RIGHT DIRECTION AND ULTIMATELY CREATES LASTING, POSITIVE CHANGE FOR SOCIETY. GOODWILL'S PROGRAMS SERVED NEARLY 24,000 PEOPLE IN THE COMMUNITY IN 2018, INCLUDING AT-RISK YOUTH, STRUGGLING ADULTS, AND INTELLECTUALLY CHALLENGED INDIVIDUALS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arizona Labor Force Dba Allied Forces
Temporary Help Contractor, Workforce Con
$364,079
Palace Construction Coinc
Construction Contractor
$327,305
Tasman Geoscience Inc Dba Ram Environme
Environmental Consulting, Assessment And
$148,326
Mercer Health & Benefits Llc
Benefits Consulting
$222,069
Allstream
Network And Communications Solutions
$221,036
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$413,613
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$20,756,907
Noncash contributions included in lines 1a–1f $18,811,710
Total Revenue from Contributions, Gifts, Grants & Similar$21,170,520
Total Program Service Revenue$44,276,342
Investment income $251,728
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $206,231
Net Gain/Loss on Asset Sales -$548,348
Net Income from Fundraising Events -$112,023
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,786,496

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Goodwill Industries Of Denver has recieved totaling $20,000.

Awarding OrganizationAmount
Morgan Family Foundation

Conifer, CO

PURPOSE: DIESEL MECHANICS SCHOOL

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,618,785
Earnings-$358,497
Net Contributions$525,793
Other Expense$2,659,010
Ending Balance$7,127,071

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