BBB Wise Giving Report for
Goodwill Industries International

BBB Wise Giving Report issued April 2007
BBB Wise Giving Report expires October 2009


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Goodwill Industries International
Address: 15810 Indianola Drive
  Rockville, MD 20855-2674
Phone: 301-530-6500
Web Address: www.goodwill.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1910, Massachusetts

Affiliates: 171 chapters, Goodwill Global and 15810 Indianola Drive, LLC
Stated Purpose: "to enhance the quality and dignity of life for individuals, families, and communities on a global basis, through the power of work, by eliminating barriers to opportunity for people with special needs and by facilitating empowerment, self-help, and service through dedicated, autonomous local organizations."

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Evaluation Conclusions

               

Goodwill Industries International (GII) meets the 20 Standards for Charity Accountability.
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Programs

               

GII provides members with administrative support and consulting services in areas such as workforce development, communications, human resources, management information services, retail and commercial operations, rehabilitation, marketing, resource development and grants management. GII offers training and development to member executives, staff and volunteers. GII also assists members in the development of national and local public relations programs. GII provides members with legal services and informs members of public policy developments affecting their operations. In 2005, GII reports it helped over 344,000 people find employment, provided jobs to over 129,000 individuals and operated 2,078 retail stores.

For the year ended December 31, 2005, GII's program expenses were:

  
Direct services to membership 7,347,637
Support services to membership 2,775,841
Sponsored program and grants 468,239
Total Program Expenses: $10,591,717
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Governance

               

Chief Executive : George W. Kessinger, Chief Executive Officer
Compensation*:
 $419,558

Chair of the Board: Jarret J. Lobb
Chair's Profession / Business Affiliation: Vice President, Systems Development, Monro Muffler/Brake & Service

Board Size: 31

Paid Staff Size: 87

*2005 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, grant proposals, cause-related marketing, membership appeals, Internet appeals, and thrift stores.
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $16,120,856, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on GII's audited financial statements for the year ended December 31, 2005.

Source of Funds  
Membership dues 13,464,426
Contributions 2,439,184
Program service fees 1,066,012
Investment and other 323,556
Grants from government agencies 217,246
Rental (net) 76,072
Legacies and bequests 7,271
Unrealized loss on investments -82,998
Total Income $17,510,769


chart



Uses of Funds as a % of Total Expenses

Programs: 66%  Fund Raising: 1%  Administrative: 33% 

Total income   $17,510,769
  Program expenses $10,591,717
  Fund raising expenses 233,803
  Administrative expenses 5,284,654
 
Total expenses   $16,110,174
Income in Excess of Expenses   1,400,595
Beginning net assets   13,720,189
Ending net assets   15,120,784
Total liabilities   5,589,171
Total assets   $20,709,955


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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