Goodwill Industries of Central Florida

Legal name: Goodwill Industries of Central Florida Inc

Nonprofit profile at a glance

EIN
590908166
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Orlando, FL, US
Phone
(407) 235-1541
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$122,903,844
Expenses
$97,203,569
Assets
$248,020,902
Liabilities
$89,815,548

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

Leadership & pay

20 people listed

Executive titles in this filing

  • EDWARD J DURKEE (PRESIDENT & CEO)

Highest reported compensation

  • EDWARD J DURKEE (PRESIDENT & CEO): $680,653 total reported compensation
  • MARIO FERNANDEZ (CFO): $333,783 total reported compensation
  • CURTIS RAMSEY (VP OF ACCOUNTING): $239,331 total reported compensation

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

Overview

Mission

Goodwill Industries of Central Florida provides employment training, job placement, and support services to help individuals achieve self-sufficiency.

What it reported doing in 2024

We build lives that work through our donated goods retail and by delivering services to community members and employees that increase economic mobility and connect people to stability resources. Our prosperity platform gives people one to one coaching to improve financial, career, and educational outcomes. Among the 254 prosperity platform members served in 2024, 72% saw increased economic mobility. 100% of the 1,817 people served by goodwill connects were able to gain valuable connections to supportive services to avert or overcome life crises. In partnership with vita we were able to assist 309 people with free income tax preparation services. Our employment specialists guided 1,129 community members in resume creation, mock interviewing, and job placement assistance. Together, these programs create a supportive web that empowers people to achieve their life goals with guided assistance and one to one coaching.

Operating model

Revenue model
Donor-supported. 96% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • 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. Liabilities are high compared with assets and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 85
  • Accountability: 95
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.8%; rating input score 72
  • Program expense ratio: 88.4%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 91.7%; rating input score 92; 40th 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: 20.9%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 2.55; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0.36; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 8.3% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 12.9% per year; rating input score 100; 81st percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 7 operating locations identified
  • Where the money goes: 71.8% of revenue deployed · 88.4% of spending went to programs
  • Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $85.9M in reported program spending
  • Leadership: top reported pay $681K · 20 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 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.

Key Signals

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

  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.