Goodwill Industries of Ventura and Santa Barbara Counties
Legal name: Goodwill Industries of Ventura and Santa Barbara Counties Inc
Nonprofit profile at a glance
- EIN
- 770448301
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Oxnard, CA, US
- Phone
- (805) 981-0130
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Thrift Shops
Reported finances
- Revenue
- $45,498,855
- Expenses
- $41,320,384
- Assets
- $67,808,347
- Liabilities
- $27,183,781
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Peter Marcus (President & CEO)
Highest reported compensation
- Peter Marcus (President & CEO): $372,750 total reported compensation
- Bryan J Haneiwich (CRO): $173,250 total reported compensation
- Denice Atcheson (Accounting Dir.): $140,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide vocational and educational opportunities to eliminate barriers to employment, strengthen communities and help people in need reach their full potential through the power of work.
What it reported doing in 2024
Goodwill provides employment skills to challenged individuals, serves the community by helping people with barriers to employment achieve economic independence through training, educating, and employment. Below is the list of the Organization's various programs: - 2023 Severe Winter Storms Disaster Recovery - National Dislocated Worker Grant (NDWG) grant - To provide temporary jobs related to clean-up and repair on public and private non-profit lands impacted by the disaster and to provide related workforce development in Ventura County. As of December 31, 2024, the Organization incurred $111,663 of expenses related to this program. - WIA Youth Program Santa Barbara County -To provide youth with access to employment, education, training and support services to succeed in the labor market and to match employers with skilled workers they need to compete in the global economy. Additionally, the Organization has WIA Adult program with similar purpose with WIA Youth program but focused on veterans and spouses of veterans. The Organization expended $738,713 for WIA Youth as of December 31, 2024. - Expanded Subsidized Job Placement Program The objective of this program is to assist California Work Opportunity and responsibility to Kids (CalWORKs) customers to obtain work experience skills and abilities and this achieve economic self-sufficiency through unsubsidized employment and thereby cease their financial dependence on CalWORKs public assistance. As of December 31, 2024, the Organization incurred $497,006 of expenses related to this program.- WIA Youth Program Ventura County - To provide services and activities to increase the education, educational skills, attainment and employment of participants in an effort to improve the quality of the workforce, reduce welfare dependency, increase economic self-sufficiency and enhance the productivity of our community. WIOA places an emphasis on the development of career pathways. As of December 31, 2024, the Organization incurred $793,652 of expenses related to this program.
Operating model
- Revenue model
- Donor-supported. 91% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 79
- Accountability: 91
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.4%; rating input score 73
- Program expense ratio: 83.7%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- 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: 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: 7 of 9 controls in place; rating input score 78
- 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: Fail
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 8.1% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 83rd percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 73.4% of revenue deployed · 83.7% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $34.6M in reported program spending
- Leadership: top reported pay $373K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.6M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.