Goodwill Industries Inc

Nonprofit profile at a glance

EIN
410706171
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Saint Paul, MN, USA
Phone
6513795800
Rating
88
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$68,444,009
Expenses
$54,796,679
Assets
$196,221,903
Liabilities
$84,381,815

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

Leadership & pay

38 people listed

Executive titles in this filing

  • Michael Wirth-Davis DPA (President & CEO)

Highest reported compensation

  • Michael Wirth-Davis DPA (President & CEO): $689,336 total reported compensation
  • Brent Babcock (Chief Sales and Mrktg Officer): $407,635 total reported compensation
  • Jinah Chernivec (Chief HR & Risk Officer): $407,225 total reported compensation

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

Overview

Mission

The mission of Goodwill-Easter Seals Minnesota is to eliminate barriers to work and independence. The vision of Goodwill-Easter Seals Minnesota is a world where everyone experiences the power of work.

What it reported doing in 2024

Goodwill-Easter Seals Minnesota envisions a world where everyone experiences the power of work and offers a broad spectrum of programming to eliminate barriers to work and independence. Our programs are designed to address the multiple barriers to work that our participants face, while offering tools, strategies and guidance to develop both short- and long-term employment, education and personal goals. (Continued on Schedule O)Career Training and Education Services: 657 served fiscal year 2025.Services include 412-week industry-recognized training in Construction, Automotive, Clean Tech, Business, and Financial Industries, with the ability to earn industry-recognized certificates, stipends, and financial aid for eligible students.Disability Services: 2333 served fiscal year 2025.Get support with disability benefits planning and employment services to explore your strengths and interests, obtain training, and build your job-seeking skills.Employment Services: 673 served fiscal year 2025.Services include Resume, interviewing, and networking assistance; individualized support to secure employment; rapid re-employment for laid-off workers; job advocacy and accommodation support; and career/education planning.Family Stability Services: 2124 served in fiscal year 2025.Get personal, respectful, and whole-family services including case management, career navigation and job assistance, parent support groups, family benefits support, support after incarceration, referrals, housing, and transportation assistance.Youth & Young Adult Services: 74 served in fiscal year 2025.Get support in your journey from school to what comes next. Youth, ages 16-24, can explore career opportunities and access training and resources to prepare for a thriving future. Services include GED or high school diploma pathways, job placement, training, stipends available, and leadership development.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
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. Program spending has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 70
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 72.5%; rating input score 72
  • Fundraising efficiency: $50.28 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: 19.9%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 3.58; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 6.8%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -2.4% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: 11.3% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 72.5% of spending went to programs
  • Governance: 27 of 27 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $39.7M in reported program spending
  • Leadership: top reported pay $689K · 38 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.8M reported
  • Consistency: 43 of 43 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.