Goodwill Industries Of Greater New York & Northern New Jersey
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Goodwill Industries Of Greater New York & Northern New Jersey meets the 20 Standards for Charity Accountability.
Stated Purpose:
Goodwill Industries empowers individuals with disabilities and other barriers to employment to gain independence through the power of work.
Year, State Incorporated:
1920, NY
Goodwill of Greater New York and Northern New Jersey has empowered individuals with disabilities and other barriers to employment to gain independence through the power of work for over 100 years. In 2021, we helped nearly 10,000 people in New York City, Northern New Jersey, Long Island and upstate New York find and keep jobs. By providing critical job training, placement, and retention services for people with disabilities and other barriers, we are able to uplift communities to support employment.
For the year ended June 30, 2024, Goodwill Industries Of Greater New York & Northern New Jersey's program expenses were:
| Industrial operations | $64,533,409 |
| Rehabilitation and employment services | $29,870,243 |
| Total Program Expenses | $94,403,652 |
Chair of the Board
Mr. Donald Huber, Portfolio Manager
Chair's Profession / Business Affiliation
Franklin Templeton
Board Size
20
Paid Staff Size
879
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars, Solicitations for Used Clothing
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Goodwill Industries Of Greater New York & Northern New Jersey's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Contributed nonfinancial assets, donated goods | $38,134,579 |
| Industrial operations | $35,870,179 |
| Fees and grants from governmental agencies | $25,655,156 |
| Other | $4,186,365 |
| Endowment distribution | $1,799,611 |
| Contributions | $682,052 |
| Special events, net | $363,274 |
| Total Income | $106,691,216 |
Programs: 87% Fundraising: 1% Administrative: 12%
| Total Income | $106,691,216 |
| Total expenses: | $108,639,867 |
| Program expenses | $94,403,652 |
| Fundraising expenses | $735,900 |
| Administrative expenses | $13,500,315 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-1,948,651 |
| Beginning Net Assets | $44,515,670 |
| Other Changes In Net Assets | $2,268,099 |
| Ending Net Assets | $44,835,118 |
| Total Liabilities | $90,205,053 |
| Total Assets | $135,040,171 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
-
Meets Standards
-
Standards Not Met
-
Did Not Disclose
-
Review in Progress
-
Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York