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Goodwill of Silicon Valley

San Jose, CA · EIN 94-1212132 · 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 of Silicon Valley reported $59.0 million in revenue and $57.8 million in expenses for calendar year 2024. Of every $100 it spent, $82.80 went to program services, $16.99 to management and general costs and $0.21 to fundraising. Its largest source of revenue was contributions and grants: 29.7% of the total. Government grants made up 8.7%. The highest compensation it reported for one person was $458,550 (CEO). 12 people received more than $100,000 in reportable compensation. Revenue rose 14% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $58M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $59M

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

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.8%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
17.0%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
29.7%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
8.7%3.8%
Program service revenue share
Part VIII 2g ÷ 12
2.7%58.9%
Highest reported compensation
Part VII-A, columns D–F
$458,550$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.79%1.38%
People paid over $100,000
Part VII, line 2
126
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.96.8
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

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
$39M expenses · 81.0% of program spending · revenue $37M

Retail programs: cost effective social enterprise for collection, processing and sales of used goods, providing paid work experience and job skills training for people with challenging and severe barriers to employment. This cost effective business provides opportunities for people disconnected from the workforce and, because of the nature of the business it promotes Goodwill of Silicon Valley green initiative diverting 35 million lbs of trash from our landfills annually

$7.9M expenses · 16.5% of program spending · revenue $593K

Mission services programs: serving individuals with barriers to employment and other basic needs challenges through services that include no-cost career technical education, case management, job coaching, peer mentoring, paid work experience, employability workshops, job search, and placement service. This same population is provided with support services that include financial assistance for housing, transportation, food, and other basic needs. The total number of people served in 2024 was 1,264

$1.2M expenses · 2.5% of program spending · revenue $1.5M

Contract and business services: cost effective social enterprise to provide packaging and logistic services for local community business enterprises while providing paid working experience for various programs participants

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
CEO
Officer, 40.00 hrs/week
$437,867$0$20,683$458,550
CFO
Officer, 40.00 hrs/week
$351,174$0$19,974$371,148
VP OF HR
Highest compensated employee, 40.00 hrs/week
$235,761$0$4,494$240,255
VP OF RETAIL
Highest compensated employee, 40.00 hrs/week
$219,827$0$12,315$232,142
LEGAL COUNCIL
Highest compensated employee, 40.00 hrs/week
$218,840$0$280$219,120
VP OF MISSION SERVICES
Highest compensated employee, 40.00 hrs/week
$205,219$0$9,889$215,108
OPERATIONS DIRECTOR
Highest compensated employee, 40.00 hrs/week
$137,699$0$16,980$154,679

12 people received more than $100,000 in reportable compensation from Goodwill of Silicon Valley (Part VII, line 2). Compensation of current officers, directors and key employees totaled $830K (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$80M201920202021202220232024$59M$58M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$59M$58M82.8%$77M$458,550
2023 ⓘ$67M$55M90.2%$72M$637,542
2022 ⓘ$62M$52M90.9%$56M$612,227
2021 ⓘ$58M$46M92.0%$49M$542,948
2020 ⓘ$50M$42M92.9%$37M$413,720
2019 ⓘ$52M$52M92.6%$28M$435,669

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–1b12 · 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,382
  • Volunteers Part I, line 6300

Private foundation grants it received

2 private foundations reported grants to Goodwill of Silicon Valley totaling $40,153 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 of Silicon Valley'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 of Silicon Valley, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in California

Questions people ask

How much of Goodwill of Silicon Valley's spending goes to programs?

In calendar year 2024, Goodwill of Silicon Valley reported that 82.8% of its $57.8 million in expenses went to program services, 17.0% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Goodwill of Silicon Valley pay its top executive?

The largest total compensation Goodwill of Silicon Valley reported for one person in calendar year 2024 was $458,550, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Goodwill of Silicon Valley get its money?

Of $59.0 million in revenue in calendar year 2024, 29.7% came from contributions and grants (including 8.7% from government grants) and 2.7% from program service revenue (Form 990, Part VIII).

Is Goodwill of Silicon Valley a registered charity?

The IRS lists EIN 94-1212132 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 202542269349303414 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403049349301615 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349326855 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213159349304906 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123159349308302 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349308087 · read the filing

All filings for EIN 94-1212132: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.