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Morgan Memorial Goodwill Industries

Boston, MA · EIN 04-2106765 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Morgan Memorial Goodwill Industries reported $41.5 million in revenue and $36.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.86 went to program services, $14.00 to management and general costs and $2.14 to fundraising. Its largest source of revenue was contributions and grants: 29.2% of the total. The highest compensation it reported for one person was $689,369 (President & CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 42% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $41M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
83.9%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
14.0%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
2.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
29.2%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
1.6%1.4%
Program service revenue share
Part VIII 2g ÷ 12
23.7%62.6%
Highest reported compensation
Part VII-A, columns D–F
$689,369$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.90%1.26%
People paid over $100,000
Part VII, line 2
96
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
18.68.1
Independent voting board members
Part VI 1a–1b
12 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$7.8M expenses · 25.7% of program spending · revenue $9.8M

Schedule O: Job Training and Career ServicesGoodwill is a community-based nonprofit organization and a leading provider of job training and career services in Massachusetts. Goodwill's mission services help individuals who face barriers to self-sufficiency prepare for the workplace, find jobs, and advance in order to support themselves and their families. In the year ending June 30, 2025, Goodwill served 4,071 individuals through its mission services. Goodwill Boston Career Center, the career center Goodwill operates at its headquarters in Roxbury, assisted 3,536 individuals with career…

$23M expenses · 74.3% of program spending · revenue $18M

Schedule O: Retail ProgramThe retail program is a social enterprise that benefits the community by providing job training for individuals with barriers to self-sufficiency and by making quality, low-cost goods available at affordable prices for individuals and families that need to stretch their budgets. The retail program provides job training for individuals with barriers to self-sufficiency in collecting, processing, merchandising, and selling donated goods. It creates jobs and economic vitality in the communities in which stores and operations are located. It also offers community members…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Director/trustee, officer, 39.75 hrs/week
$669,458$0$19,911$689,369
VP of Operations
Key employee, 40.00 hrs/week
$251,363$0$23,691$275,054
VP of Finance & CFO
Officer, 40.00 hrs/week
$235,352$0$19,594$254,946
Director of Donations & Outreach
Highest compensated employee, 40.00 hrs/week
$166,196$0$26,237$192,433
Director of Marketing
Highest compensated employee, 40.00 hrs/week
$172,293$0$17,846$190,139
VP of Retail
Highest compensated employee, 40.00 hrs/week
$170,228$0$0$170,228
Controller
Highest compensated employee, 40.00 hrs/week
$148,013$0$16,805$164,818
Sr. Director Human resources
Highest compensated employee, 40.00 hrs/week
$139,012$0$14,860$153,872

9 people received more than $100,000 in reportable compensation from Morgan Memorial Goodwill Industries (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$41M$36M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$41M$36M83.9%$56M$689,369
FY2024 ⓘ$39M$33M84.1%$49M$612,974
FY2023 ⓘ$35M$33M79.9%$41M$559,794
FY2022 ⓘ$36M$30M85.7%$37M$625,717
FY2021 ⓘ$28M$27M85.2%$36M$419,164
FY2020 ⓘ$29M$31M85.4%$30M$499,842

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5734
  • Volunteers Part I, line 6146

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Metro Equipment Corporation
Construction
$940,043
M&M Transportation
Transportation
$530,606
Republic Services
Trash Removal
$485,135
Blue Mantis (formerly Greenpages)
IT Support
$430,087

Individuals listed as contractors are left out. 42 contractors were paid more than $100,000 in all.

Private foundation grants it received

31 private foundations reported grants to Morgan Memorial Goodwill Industries totaling $348K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Morgan Memorial Goodwill Industries's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Morgan Memorial Goodwill Industries, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Massachusetts

Questions people ask

How much of Morgan Memorial Goodwill Industries's spending goes to programs?

In the fiscal year ending June 30, 2025, Morgan Memorial Goodwill Industries reported that 83.9% of its $36.2 million in expenses went to program services, 14.0% to management and general and 2.1% to fundraising (Form 990, Part IX).

How much does Morgan Memorial Goodwill Industries pay its top executive?

The largest total compensation Morgan Memorial Goodwill Industries reported for one person in the fiscal year ending June 30, 2025 was $689,369, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Morgan Memorial Goodwill Industries get its money?

Of $41.5 million in revenue in the fiscal year ending June 30, 2025, 29.2% came from contributions and grants (including 1.6% from government grants) and 23.7% from program service revenue (Form 990, Part VIII).

Is Morgan Memorial Goodwill Industries a registered charity?

The IRS lists EIN 04-2106765 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513189349310711 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202423199349312522 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313199349305086 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223199349300207 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143199349315484 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033189349308228 · read the filing

All filings for EIN 04-2106765: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.