Goodwill Industries of San Joaquin Valley Inc
Nonprofit profile at a glance
- EIN
- 941366601
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Stockton, CA, USA
- Phone
- 2094662311
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $23,861,601
- Expenses
- $25,262,796
- Assets
- $42,431,842
- Liabilities
- $28,355,551
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- DENISE OST (CHIEF EXECUTIVE OFFICER)
- SANDRA MEZA (VICE-PRESIDENT)
Highest reported compensation
- DENISE OST (CHIEF EXECUTIVE OFFICER): $327,515 total reported compensation
- SANDRA MEZA (VICE-PRESIDENT): $150,287 total reported compensation
- MICHELE KICKHOFEL (DIRECTOR OF FINANCE): $124,054 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 san joaquin valley, inc is a not-for-profit agency that provides employment and training opportunities to assist people with employment barriers to become self-sufficient, working members of our community.
What it reported doing in 2024
Goodwill sjv operates 15 retail thrift stores, a distribution center, an outlet store, an e-commerce store and salvage/recycling operations. Goodwill sjv provides work experience, technical and life skills training, career advancement training, case management service and coordinates ancillary service referrals for individuals with disabilities and disadvantaging conditions in partnership with other community-based organizations. In 2024, goodwill sjv served 1024 individuals.
Operating model
- Revenue model
- Donor-supported. 98% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 71
- Accountability: 95
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.9%; rating input score 92
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.9%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 15th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 91.9% of revenue deployed · 79.7% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $20.1M in reported program spending
- Leadership: top reported pay $328K · 16 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $240K reported
- Consistency: 36 of 36 current checks pass
- Schedules: 8 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Sustainability: Operating margin scored 15/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.