Alabama Goodwill

Legal name: Alabama Goodwill Industries Inc

Nonprofit profile at a glance

EIN
630288794
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Birmingham, AL, USA
Phone
205-323-6331
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$23,808,590
Expenses
$24,692,803
Assets
$35,226,220
Liabilities
$31,538,276

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • DAVID WELLS (CEO AND PRESIDENT)

Highest reported compensation

  • DAVID WELLS (CEO AND PRESIDENT): $227,870 total reported compensation
  • DOUGLAS PRESCOTT (VP OF OPERATIONS): $202,412 total reported compensation
  • NOAH BROWN (VP FINANCE/IT): $190,265 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through generous donations, we strengthen communities, eliminate barriers to opportunity, and help people reach their full potential through learning and the power of work. Your organization’s support is the top way to maximize impact while displaying social responsibility. Your partnership equips us to do more and meet community needs faster. There’s no involvement too small to provide for our communities. Connect with us about the most immediate community needs. Provide Education Opportunities. Education opportunities made free of charge to Alabamians are imperative to our mission’s success. We often see that individuals with barriers to employment desire to learn, but often do not have the resources to do so. When you partner with us to provide free training, education and skills, you help us build a more equitable workforce in Alabama. Contact us to discuss.

What it reported doing in 2024

Workforce development program servicealabama goodwill's mission is to transform lives through the power of work. This mission is achieved through community employment programs, life and career coaching and its career centers. All programs are designed to assist people to overcome barriers to employment and self-sufficiency. Agi's firm belief in the transformative power of work and the capability of people served to reach their highest potential in work and life underpins our overall purpose and vision. Whether someone is entering the workforce for the first time, or reentering after a disruptive life event, agi's competency lies in working with people with barriers to employment that includes (cont'd on schedule o)(cont'd from form 990 part iii 4c) disability, socio-economic disadvantages and barriers associated with life history with the ultimate goal of self sufficiency and family sustainability.

Operating model

Revenue model
Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.2%; rating input score 86
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: $11.6 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.7%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 1.43; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.9; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 16.8% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 16.7% per year; rating input score 100; 84th percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site
  • Where the money goes: 86.2% of revenue deployed · 83% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $20.5M in reported program spending
  • Leadership: top reported pay $228K · 20 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.