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Goodwill Industries of Northwest North Carolina

WinstonSalem, NC · EIN 56-0588474 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Goodwill Industries of Northwest North Carolina reported $94.1 million in revenue and $94.3 million in expenses for calendar year 2024. Of every $100 it spent, $83.33 went to program services, $15.80 to management and general costs and $0.87 to fundraising. Its largest source of revenue was contributions and grants: 26.5% of the total. The highest compensation it reported for one person was $465,111 (PRESIDENT/CEO). 18 people received more than $100,000 in reportable compensation. Revenue rose 32% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $94M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $94M

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

2024 filing. Median across 409 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.3%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
15.8%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
26.5%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
6.1%62.6%
Highest reported compensation
Part VII-A, columns D–F
$465,111$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.49%1.26%
People paid over $100,000
Part VII, line 2
186
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
17.58.1
Independent voting board members
Part VI 1a–1b
18 of 21100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
$53M expenses · 67.6% of program spending

Retail operations

$25M expenses · 32.4% of program spending · grants $14M · revenue $5.8M

Workforce development

$69 expenses · 0.0% of program spending · revenue $6,487

Contract operations

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Officer, 40.0 hrs/week
$406,609$0$58,502$465,111
CHIEF FINANCIAL OFFICER
Officer, 40.0 hrs/week
$257,468$0$59,313$316,781
CHIEF OPERATIONS OFFICER
Officer, 40.0 hrs/week
$263,394$0$45,235$308,629
CHIEF ORGANIZATIONAL DEVELOPMENT & MISSION OFFICER
Officer, 40.0 hrs/week
$245,907$0$43,115$289,022
CHIEF COMMUNICATIONS & PUBLIC AFFAIRS OFFICER
Highest compensated employee, 40.0 hrs/week
$215,477$0$36,295$251,772
VICE PRESIDENT - IT
Highest compensated employee, 40.0 hrs/week
$175,011$0$31,731$206,742
VICE PRESIDENT - RETAIL OPERATIONS
Highest compensated employee, 40.0 hrs/week
$169,685$0$30,401$200,086
DIRECTOR OF IT
Highest compensated employee, 40.0 hrs/week
$152,840$0$39,902$192,742

18 people received more than $100,000 in reportable compensation from Goodwill Industries of Northwest North Carolina (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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$25M$50M$75M$100M201920202021202220232024$94M$94M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$94M$94M83.3%$137M$465,111
2023 ⓘ$90M$84M83.8%$137M$480,499
2022 ⓘ$84M$75M84.6%$131M$453,351
2021 ⓘ$94M$70M87.1%$123M$831,997
2020 ⓘ$64M$64M87.1%$99M$411,515
2019 ⓘ$71M$72M88.8%$99M$397,360

Governance answers, as filed

2024 · 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–1b21 · 18 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 4No
  • 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 52,194
  • Volunteers Part I, line 6100

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MCLEAN AND COMPANY
Human resources consulting
$231,513
FORVIS MAZARS LLP
Accounting/tax services
$183,946
TRAVIS E HOLT DBA T-HOLT LANDSCAPES
Landscape services
$167,378

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Goodwill Industries of Northwest North Carolina totaling $67 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 Goodwill Industries of Northwest North Carolina's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Goodwill Industries of Northwest North Carolina, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in North Carolina

Questions people ask

How much of Goodwill Industries of Northwest North Carolina's spending goes to programs?

In calendar year 2024, Goodwill Industries of Northwest North Carolina reported that 83.3% of its $94.3 million in expenses went to program services, 15.8% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Goodwill Industries of Northwest North Carolina pay its top executive?

The largest total compensation Goodwill Industries of Northwest North Carolina reported for one person in calendar year 2024 was $465,111, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Goodwill Industries of Northwest North Carolina get its money?

Of $94.1 million in revenue in calendar year 2024, 26.5% came from contributions and grants and 6.1% from program service revenue (Form 990, Part VIII).

Is Goodwill Industries of Northwest North Carolina a registered charity?

The IRS lists EIN 56-0588474 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

  • 2024: Form 990 for calendar year 2024, object 202523219349303202 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413209349312971 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323179349303327 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213129349300536 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349314484 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043169349303424 · read the filing

All filings for EIN 56-0588474: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.