Goodwill Industries of Upstate/Midlands South Carolina
Legal name: Goodwill Industries of Upstatemidlands South Carolina Inc
Nonprofit profile at a glance
- EIN
- 570564001
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2024
- Location
- Greenville, SC, US
- Phone
- 864.351.0100
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Services
Reported finances
- Revenue
- $61,624,645
- Expenses
- $58,752,570
- Assets
- $115,731,161
- Liabilities
- $10,622,350
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- Patrick Michaels (CEO and President)
Highest reported compensation
- Patrick Michaels (CEO and President): $550,350 total reported compensation
- Andretta Robinson (VP - Finance): $266,472 total reported compensation
- Nathan Bland (VP - Operations): $230,483 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 provides access, information, and resources to help people improve their lives through the power of work.
What it reported doing in 2024
GIUMSC operates 41 retail stores and 48 donation centers (most are located within our retail stores). Sales from our retail stores are the primary source of income for GIUMSC (gross sales of $55,214,929), enabling us to provide education and training services for individuals within the communities we serve. During the 2024-2025 fiscal year (FY25), GIUMSC served 7,968 individuals through its career and training services, which placed 6,203 individuals into competitive employment, exceeding its placement goal of 6,120. The overall placement rate for participants served was 78% with an average hourly wage of $15.84. Our retail stores also play a key role in our mission; they often serve as training sites for individuals participating in GIUMSC's programs and offer long-term employment opportunities for associates across our 16-county service area. Additionally, GIUMSC served 1,421,714 donors, resulting in the reuse, resale, recycling, and diversion of more than 42 million pounds of goods from landfills through our sustainability efforts.
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% 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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 96
- Accountability: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: $181.65 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.7%; rating input score 100; 44th percentile among comparable filings
- Major donor itemization: Limited
- 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: 4.7%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
Details
- What they do: 12 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 100% of revenue deployed · 93.1% of spending went to programs
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $54.7M in reported program spending
- Leadership: top reported pay $550K · 28 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.6M reported
- Consistency: 37 of 37 current checks pass
- Schedules: 8 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 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.
- Review — Sustainability: Operating margin scored 55/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.