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Goodwill Industries of Central North Car

Greensboro, NC · EIN 56-0862842 · 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

Goodwill Industries of Central North Car reported $29.8 million in revenue and $26.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.01 went to program services, $14.16 to management and general costs and $0.83 to fundraising. Its largest source of revenue was contributions and grants: 96.8% of the total. The highest compensation it reported for one person was $431,799 (PRESIDENT AND CEO). 8 people received more than $100,000 in reportable compensation. Revenue rose 46% 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 $26M

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 $30M

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)
85.0%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
14.2%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.8%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
0.6%62.6%
Highest reported compensation
Part VII-A, columns D–F
$431,799$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.66%1.26%
People paid over $100,000
Part VII, line 2
86
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.48.1
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

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
$21M expenses · 93.3% of program spending · revenue $492K

Goodwill Industries of Central North carolina, inc. Operates 26 retail stores which receive, process, and sell donated goods provided by over 400,000 generous members of the community in alamance, caswell, rockingham, randolph, and guilford counties. Goodwill retail stores served almost 1.5 million customers, generating the revenue which provides the majority of funding in furthering the organization's workforce development programs. Goodwill's recycling initiatives have expanded to over 20 product lines, eliminating over 9 million pounds of product from entering local landfills. Furthering…

$1.5M expenses · 6.7% of program spending

Goodwill Industries of Central North carolina implements a variety of workforce development programs and services. This includes career navigation, work readiness and digital literacy classes, credentialed skills training, and careers on the outside (a carf-accredited program supporting individuals with justice-involvement and a history of criminal conviction to get a second chance at life). Our mission served 3,053 individuals and supported 340 competitive job placements. The average job placement paid $16.49 per hour at entry, and 66% all placements were permanent, full-time positions. Over…

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 AND CEO
Officer, 40.00 hrs/week
$378,897$0$52,902$431,799
EVP, CFO , RETIRED AS OF 12/6/24
Former, 40.00 hrs/week
$287,446$0$24,713$312,159
EXECUTIVE VICE PRESIDENT O
Officer, 40.00 hrs/week
$246,661$0$22,640$269,301
SENIOR VICE PRESIDENT OF H
Officer, 40.00 hrs/week
$165,731$0$18,612$184,343
VICE PRESIDENT OF CAREER D
Officer, 40.00 hrs/week
$153,739$0$11,065$164,804
VICE PRESIDENT OF INFORMAT
Officer, 40.00 hrs/week
$145,618$0$17,574$163,192
VICE PRESIDENT OF MARKETIN
Officer, 40.00 hrs/week
$114,060$0$15,989$130,049
VICE PRESIDENT OF COMPLIAN
Officer, 40.00 hrs/week
$118,040$0$5,944$123,984

8 people received more than $100,000 in reportable compensation from Goodwill Industries of Central North Car (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (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$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$30M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$30M$26M85.0%$51M$431,799
FY2024 ⓘ$29M$24M85.0%$47M$389,321
FY2023 ⓘ$28M$23M85.9%$43M$351,364
FY2022 ⓘ$26M$21M85.9%$38M$333,144
FY2021 ⓘ$24M$19M85.1%$33M$264,615
FY2020 ⓘ$20M$19M85.5%$27M$281,847

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–1b19 · 19 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5825
  • Volunteers Part I, line 61,796

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
LDJ GLOBAL STRATEGIES LLC
Building rent
$289,941
CHARTER COMMUNICATIONS HOLDING LLC
Internet service
$128,396
JPC MONROE LLC
Building rent
$120,715
WEST STEM PLLC
Professional services
$101,346

Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Goodwill Industries of Central North Car totaling $70,074 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 Central North Car'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 Central North Car, 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 Central North Car's spending goes to programs?

In the fiscal year ending June 30, 2025, Goodwill Industries of Central North Car reported that 85.0% of its $26.0 million in expenses went to program services, 14.2% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Goodwill Industries of Central North Car pay its top executive?

The largest total compensation Goodwill Industries of Central North Car reported for one person in the fiscal year ending June 30, 2025 was $431,799, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Goodwill Industries of Central North Car get its money?

Of $29.8 million in revenue in the fiscal year ending June 30, 2025, 96.8% came from contributions and grants and 0.6% from program service revenue (Form 990, Part VIII).

Is Goodwill Industries of Central North Car a registered charity?

The IRS lists EIN 56-0862842 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 202522759349300227 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202412759349301221 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202322729349300512 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202242839349300534 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202132809349300203 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202002739349301205 · read the filing

All filings for EIN 56-0862842: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.