Goodwill Industries Sacramento Valley & Northern Nevada
Legal name: Goodwill Industries Sacramento Valley & Northern Nevada Inc
Nonprofit profile at a glance
- EIN
- 941201202
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Sacramento, CA, United States
- Phone
- (916) 395-9000
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services
Reported finances
- Revenue
- $100,402,689
- Expenses
- $101,004,143
- Assets
- $134,288,855
- Liabilities
- $99,866,439
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Ken Gosney (President & CEO)
Highest reported compensation
- Ken Gosney (President & CEO): $680,201 total reported compensation
- Bryan Wagner (CFO): $306,310 total reported compensation
- Lori Dearwester (COO): $289,221 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Helping people with disadvantages achieve self-sufficiency. Goodwill of Sacramento Valley and Northern Nevada is a 501(c)(3) nonprofit dedicated to workforce development. Established in 1933, we are one of the oldest nonprofits in our region. Our mission is to help people gain skills, find jobs, and build careers through the power of work. Every donation and purchase supports local job training and employment programs. How does Goodwill use its revenue? As a nonprofit organization,100% of its revenue is invested into funding job training, career development, and employment services for people facing barriers to work. Our mission-driven programs are always free to those we serve. We are accredited by CARF International which means that we are evaluate.
What it reported doing in 2024
Goodwill provides a wide range of employment opportunities to people with disabilities and barriers to employment. Goodwill operates 38 retail sites and 25 collection sites and received and sold over $97 million worth of donated clothing and household goods during the current year. The operation of the retail and collection sites creates an employment platform for job training and a funding stream for community-based workforce development services. Workforce development services include the operation of Jobs+, an integrated service delivery model that includes employment and financial capability services. Jobs + is also the creator and home of the career and life matrix, an assessment and discovery tool used by multiple organizations to assess job seekers holistic needs and provide financial, employment, support, and wellness resources for customized goal planning.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 83
- Accountability: 88
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.3%; rating input score 92
- Program expense ratio: 91%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 25th 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: 91%; rating input score 91; 23rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 87.5%; rating input score 88; 34th 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: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.6%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 77th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 92.3% of revenue deployed · 91% of spending went to programs
- Governance: 7 of 8 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $91.9M in reported program spending
- Leadership: top reported pay $680K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.7M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 4 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.
- High — Sustainability: Operating margin scored 24/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.