GoodwillFinds Ecommerce Inc
Nonprofit profile at a glance
- EIN
- 871302020
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-N 2021
- Location
- Wilmington, DE, USA
- Phone
- 3026587581
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $4,594,364
- Expenses
- $2,637,484
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Matthew Kaness (CEO (TO 03/2025))
Highest reported compensation
- Manoj Parashar (CFO (To 07/2025)): $365,489 total reported compensation
- Matthew Kaness (CEO (TO 03/2025)): $308,572 total reported compensation
- Nicolas Genest CHIEF (Technology Officer(TO 04/2025)): $176,137 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Empower goodwillfinds members to increase revenue available to support local goodwills' mission services and programs by providing a multi channel ecommerce platform to list and sell donated products, in addition to providing member support, customer service, sops, training description of organization mission and marketing content.
What it reported doing in 2024
Goodwillfinds transforms goodwill's ecommerce business via a modern online platform generating additional financial resources for member goodwills so they can invest in numerous mission services and programs in local communities for people in need. Goodwillfinds enables goodwill member organizations throughout the united states to market their goods beyond their local communities, increasing exposure, selling more items, generating additional revenue, and diverting more waste from landfills. As a supporting organization, goodwillfinds provides a specific service each member would otherwise itself be performing to enhance the quality of life of individuals and families served.
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 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.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 84
- Accountability: 18
- Sustainability: 43
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.7%; rating input score 37
- Program expense ratio: 73.5%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- 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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 42.6%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 37.9%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -13.1% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: 49.9% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: -81.1% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 36.7% of revenue deployed · 73.5% of spending went to programs
- Governance: 0 of 5 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.9M in reported program spending
- Leadership: top reported pay $365K · 9 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $529K reported
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 18 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 3/100.