Goodwill of the Olympics and Rainier Region
Nonprofit profile at a glance
- EIN
- 910573106
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Tacoma, WA, USA
- Phone
- 2535736500
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Goodwill Industries
Reported finances
- Revenue
- $97,198,935
- Expenses
- $90,535,622
- Assets
- $149,349,509
- Liabilities
- $69,942,398
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- Lori Forte Harnick (CEO)
Highest reported compensation
- Lori Forte Harnick (CEO): $514,798 total reported compensation
- Greg Medlyn (Sr. VP, Retail & Ops): $250,088 total reported compensation
- Keith Hall (CPO): $250,020 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 of the Olympics and Rainier Region is committed to dismantling racism and advancing equity, diversity, and inclusion so that we can help people reach their fullest potential through education, job placement, and career pathway services. We do our work with great gratitude for the community donations, purchases, and partnerships that make our mission possible.
What it reported doing in 2024
Workforce Development Program Service AccomplishmentsGoodwill of the Olympics & Rainier Region provides workforce development, education, training, and employment services designed to help individuals overcome barriers to employment and achieve greater economic self-sufficiency. Programs serve individuals facing challenges such as disabilities, limited work history, justice system involvement, housing instability, lack of education, outdated job skills, and other barriers to employment.During the fiscal year, Workforce Development programs provided services to 3,249 unduplicated individuals throughout the organization's 15-county service area. Through vocational training, career readiness instruction, support services, internships, and individualized employment assistance, participants were equipped with skills and resources necessary to pursue meaningful employment and career advancement.The organization recorded 2,034 enrollments in intensive workforce development programs, with 707 participants successfully completing program requirements and graduating from training and support programs. In addition, 354 individuals participated in work experience opportunities, including unpaid training placements and paid internships designed to develop workplace skills and increase employability.Goodwill's workforce development efforts resulted in 132 participants obtaining unsubsidized employment across a variety of industries. Programs emphasized a client-centered approach that meets individuals where they are, providing personalized career planning, skills training, credential attainment opportunities, employment preparation, and ongoing support services.Workforce Development services were delivered through a combination of Vocational School Programs and Community Support Programs, creating pathways that support skill development, employment readiness, career advancement, and long-term economic stability. Program outcomes are monitored through established performance measures and continuous quality improvement processes to ensure services remain responsive to community needs and aligned with organizational goals.Through these programs, Goodwill continues its mission of helping individuals build skills, secure employment, increase independence, and improve their quality of life while strengthening the workforce and communities throughout the region.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program 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.
- 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 91
- Accountability: 95
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89%; rating input score 89
- Program expense ratio: 92.2%; rating input score 92
- Fundraising efficiency: $3.75 raised per $1 spent on fundraising; rating input score 14; 14th 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: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 45th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th 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: 6.9%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: 89% of revenue deployed · 92.2% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $83.5M in reported program spending
- Leadership: top reported pay $515K · 29 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.5M reported
- Consistency: 41 of 41 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 14/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.