2025-01-28T12:30:54-05:00 2023-12-31 STOCKMAN KAST RYAN & CO LLP 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2023-01-01 841488592 Goodwill of Colorado Foundation % GOODWILL OF COLORADO GOOD 7196354483 1460 Garden of the Gods Road Colorado Springs CO 80907 karla grazier ceo / presdient 7196354483 2024-11-15 true true Doreen B Merz P00841439 7196301186 2023 2025-03-06 01:10:19Z Karla Grazier 1460 Garden of the Gods Rd Colo Springs CO 80907 5999634 false X www.goodwillcolorado.org X 1999 CO RAISE FUNDS THROUGH PUBLIC AND CORPORATE APPEALS, ACTIVITIES AND OUTREACH SUPPORTING GOODWILL of colorado'S MISSION OF HELPING INDIVIDUALS (CONTINUED ON SCHEDULE O) 18 17 4 9 0 3581949 4985391 0 0 441920 715876 593824 -266615 4617693 5434652 2134136 2700052 0 0 571821 547889 0 0 768499 329961 220610 3035918 3468551 1581775 1966101 17723307 22446284 1991735 2728759 15731572 19717525 X GOODWILL OF COLORADO FOUNDATION SERVES GOODWILL OF COLORADO THROUGH STRATEGIC AND EFFICIENT FUNDRAISING EFFORTS DEDICATED TO THE ORGANIZATION'S 30 diverse LIFE-CHANGING PROGRAMS AND SERVICES BENEFITTING 148 thousand Coloradoans in 63 Counties (CONTD ON SCH O) false false 2700052 2700052 0 IN 2023, GOODWILL OF COLORADO, IN PARTNERSHIP WITH GOODWILL INDUSTRIAL SERVICES CORPORATION (EIN#84-1273701), PROVIDED MEANINGFUL AND GAINFUL EMPLOYMENT TO OVER 200 INDIVIDUALS WITH DEVELOPMENTAL AND ECONOMIC CHALLENGES THROUGH ITS SELF-SUSTAINING BUSINESS ENTERPRISES COMPRISED OF LAUNDRY, JANITORIAL, AND FLEET MAINTENANCE SERVICES. in 2023, goodwill of colorado's career development center provided job training and career services for over 40,505 un-or-under employed individuals throughout the community. (Continued on Sch O) 2700052 true true false false false false false false false true true false false true true true false true false false false false false false true false false true false true false false false false false false false false true false false false false true false false false true 2 0 true 4 true false false false false false true true false false false false false false X 18 17 false false true false true true true true true false false true true true true true true true true false CO X X GOODWILL OF COLORADO 7196354483 1460 GARDEN OF THE GODS RD Colo Spgs CO 80907 X Karla Grazier - See Sch O CEO 1.0 39.0 X X 0 607888 46693 Tom Neill Chair 1.0 0.0 X X 0 0 0 Christy Walsh Vice Chair 1.0 0.0 X X 0 0 0 Stacey Kasten Treasurer 1.0 0.0 X X 0 0 0 Michelle Blessing Secretary 1.0 0.0 X X 0 0 0 Mark Perrault Immed. Past Chair 1.0 0.0 X X 0 0 0 Judith Rae Judy Mackey Director 1.0 0.0 X 0 0 0 Laura Blackburn Director 1.0 0.0 X 0 0 0 Treasure Davis Director 1.0 0.0 X 0 0 0 Barbara Winter Director 1.0 0.0 X 0 0 0 Robb Conner Director 1.0 0.0 X 0 0 0 Walter Coughlin Director 1.0 0.0 X 0 0 0 Chris Jenkins Director 0.0 0.0 X 0 0 0 Peter Maiurro director 1.0 0.0 X 0 0 0 Margie Mauldin director 1.0 0.0 X 0 0 0 Bo Peretto director 1.0 0.0 X 0 0 0 Mari Sinton-Martinez director 1.0 0.0 X 0 0 0 mike hess director 1.0 0.0 X 0 0 0 0 607888 46693 0 false true false 0 1346067 5972 3633352 95432 4985391 0 503537 503537 0 0 0 0 0 475791 263452 212339 212339 212339 34915 1346067 301530 -266615 -266615 0 0 0 0 0 0 0 5434652 449261 2700052 2700052 0 0 0 0 0 475464 475464 7050 7050 36804 36804 28571 28571 0 0 0 0 0 30705 30705 50271 50271 87542 87542 14986 14986 0 0 13385 13385 5020 5020 0 0 0 0 1341 1341 2178 2178 DUES & SUBSCRIPTIONS 9674 9674 MISCELLANEOUS EXPENSE 5074 5074 TAXES, LICENSES & PERMITS 434 434 3468551 2700052 0 768499 X 3320048 3420593 233280 212148 667735 171851 0 0 0 0 0 0 2053750 2053750 0 0 0 0 37254 37254 9680458 14607568 0 0 0 0 0 0 1768036 1980374 17723307 22446284 22881 76596 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1968854 2652163 1991735 2728759 X 9574657 13101657 6156915 6615868 15731572 19717525 17723307 22446284 1966101 2019852 X X false true X true false X X 1 GOODWILL OF COLORADO 840513404 10 true 2700052 0 1 2700052 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11934462 2588764 2338345 16861571 14329593 -2395131 11934462 12647289 1680251 14327540 10865143 1782146 12647289 9063367 1801776 10865143 0.73530 0.07950 0.18520 false false 0 37254 37254 0 0 INTEREST IN IRREVOCABLE TRUSTS 1980374 1980374 0 DUE TO AFFILIATE 2652163 2652163 X 7727726 2019852 301530 2321382 5406344 28308 28308 5434652 3741773 301530 301530 3440243 28308 28308 3468551 SCHEDULE D, Part V, Line 4 Intended uses of endowment funds: To fund programs and services whicH meet the needs of persons with disabilities and economic challenges. SCHEDULE D, Part X, Line 2 Goodwill, GISC and the Foundation are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, these entities qualify for the charitable contribution deduction under Section 170(b)(1)(A) and have been classified as organizations that are not private foundations under Section 509(a)(2). The Organization believes that it does not have any uncertain tax positions that are material to the financial statements. SCHEDULE D, Part XI, line 2d Reclassification of Fundraising Expenses $301,530 Total $301,530 SCHEDULE D, Part XII, Line 2d Reclassification of Fundraising Expenses $301,530 Total $301,530 welcome home 629474 629474 47784 3000 43116 golf tournament 269000 263000 6000 14688 35616 4200 13468 3 482508 453593 28915 32520 20697 7000 79441 1380982 1346067 34915 47208 104097 14200 136025 301530 -266615 Schedule G Part II Column A Event name #1: Goodwill Welcomes You Home Event name #2: Golf Tournament Event name #3: on the mesa Event name #4: DENVER Golf Tournament Event name #5: Chic Boutique true Goodwill of Colorado 1460 Garden of the Gods Road Colorado Springs CO 80907 840513404 501 (C) 3 2700052 Support the mission of Goodwill of Colorado 1 0 schedule i, part i, line 2 Grants are made annually to Goodwill of Colorado, a related organization. These organizations share the same mission. false false false false false false false false false Karla Grazier - See Sch O CEO 0 409888 0 185000 0 13000 0 26935 0 19758 0 654581 0 Schedule j, Part I, line 3 Methods used by related organization Goodwill of Colorado determines the compensation of the CEO. The methods used to determine compensation include the compensation committee, form 990 of other organizations, compensation survey or study, the use of an independent compensation consultant every other year, and approval by the board on recommendation from the compensation committee. Also See Schedule O, Part VI Section B Line 15 explanation. SCH J, PART II, LINE 1(B)(III) OTHER REPORTABLE COMPENSATION CONSISTS OF $13,000 AUTO ALLOWANCE. X 13356 FMV X AUCTION ITEMS 0 82076 SALES PRICE 0 false true false SCHEDULE M, LINE 25, COLUMN B AUCTION ITEMS WERE RECEIVED FROM VARIOUS ORGANIZATIONS AND BUSINESSES, AND COMBINED INTO VARIOUS PACKAGES FOR A FUNDRAISING AUCTION TO BE HELD IN THE FOLLOWING YEAR. THE NUMBER OF CONTRIBUTIONS OR ITEMS IS DIFFICULT TO DETERMINE. form 990 Part I Line 1 (Continued) With significant disabilities and disadvantages overcome their barriers to independence through the power of work and life-engagement opportunities. form 990 part iii line 1 of socially, developmentally and financially challenged individuals throughout Colorado each year. form 990 part iii line 4a (Continued) GOODWILL OF COLORADO AND GOODWILL INDUSTRIAL SERVICES CORPORATION (EIN#84-1273701) CUSTOMERS INCLUDED MILITARY BASES, GOVERNMENT FACILITIES, HOSPITALITY ORGANIZATIONS, HEALTH CARE AGENCIES, EDUCATIONAL INSTITUTIONS, AND PRIVATE BUSINESSES. TOGETHER, THESE TWO ORGANIZATIONS ENSURE THESE EMPLOYEES RECEIVE SUSTAINED EMPLOYMENT, JOB TRAINING AND SUPPORT TO ENSURE THEIR VOCATIONAL AND PERSONAL SUCCESS. form 990 part vi section a line 4 the organization's bylaws were amended to :(1) add a qualification for a board director to be at least eighteen years old, (2) define Term limits and succession time frames as a three year term period, to start on January 1st and end on December 31st, (3) clarify the Chair's position will be presumed to have the term extended for up to one year immediately following the end of the term as Chair in order for the individual to serve as the immediate past chair, (4) clarify Officer term limits, with the exception of the CEO of the Member (Goodwill of Colorado), are eligible to serve up to two (2) consecutive one-year terms, and are elected annually by the Board, (5) quantify if the number of directors decreases to five (5) or fewer directors, then the Ex-Officio directors from Goodwill of Colorado will be reduced in number so that the Foundation's board continues to be governed by a minority of board members who simultaneously serve on Goodwill of colorado's board and/or are employed by Goodwill of Colorado, and (6) provide for Board directors to be removed with or without cause by either the Member (Goodwill of Colorado) or by a majority vote of the Directors. form 990 part vi section a line 6 the organization's sole member is goodwill of colorado. form 990 part vi section a line 7 a & b THE FOLLOWING ACTS REQUIRE APPROVAL FROM THE sole member, goodwill of colorado: (1) determination of the Number of board members, (2) approval of new board members, (3) determination of the filing organization's fiscal year-end, and (4) AMENDMENTS TO THE ORGANIZATION'S BYLAWS. Goodwill of colorado, as the sole member, is also eligible to remove with or without cause, a board director and/or officer of the board. form 990 Part VI Section b line 11 b The organization's form 990 is prepared by an independent accounting firm. Prior to the form being filed, the CFO and director of finance complete an extensive review and the final version is reviewed by the Goodwill of Colorado finance committee. The 990 is then provided via email to the full board in advance of their next regularly scheduled meeting at which time the 990 is reviewed and submitted for approval by the Board. FORM 990 PART VI SECTION B LINE 12 C Each board member is presented with the conflict of interest policy and asked to sign annually. Should there be an issue of conflict or a potential conflict, the board member discloses and refrains from voting. form 990 Part VI Section B Line 15 a & b Compensation and review of the CEO are determined by the compensation committee, which is comprised of the past, present and chair-elect of the Board of Directors. Documents used for the review include: a questionnaire submitted to all board members reviewing organizational results, CEO interactions with the board, CEO representation in the community and CEO's performance against strategic, operating, and budgetary goals. The committee then reviews salary surveys from Mountain States Employer's Council (executive compensation survey and non-profit industry compensation survey), the Goodwill Industries International CEO compensation report and relevant 990s from other non-profits in the front range community. Consideration is given to both internal salary range and the external surveys, and a recommendation is presented to the Risk and Compliance committee for review and comment, and then the compensation committee provides a recommendation to the Board for approval. The process also involves review of external market data for CEO direct report, (Mountain State Employer's Council, the Goodwill Industries International "direct reports to the CEO" survey and relevant 990s from other non-profits in the front range community) and the internal salary range. form 990 Part VI Section C Line 19 Governing documents and audited financial statements are available to the public upon request. The conflict of interest policy is available upon request or via the GOODWILL OF COLORADO EthicsPoint website: https://secure.ethicspoint.com/domain/media/en/gui/19493/index.html form 990 Part VII Section A OFFICERS ARE COMPENSATED BY THE RELATED ORGANIZATION FOR THEIR SERVICES RENDERED TO THE OTHER ORGANIZATION NOT IN THEIR SERVICE AS THE BOARD OF GOODWILL FOUNDATION. form 990 Part IX Line 25 GOODWILL OF COLORADO FOUNDATION is part of a consolidated entity reporting on separate 990s. As such, certain functions and the related expenses are reported in a separate entity. Please see GOODWILL OF COLORADO for additional information. form 990 part xii line 2 c selection of independent auditor and review of audited financial statements: Oversight process has not changed. GOODWILL of Colorado 1460 Garden of the Gods Road Colorado Springs CO 80907 840513404 See Part VII CO 501(C)3 Line 10 NA false Goodwill Industrial Services Corporation 1460 Garden of the Gods Road Colorado Springs CO 80907 841273701 See Part VII CO 501(C)3 Line 10 See Part VII false false true false true true false false false false false false false false true false true true true true schedule r, Part II, Column B Goodwill of Colorado Primary Activity: Assist Individuals with Disabilities and Economic Challenges. Goodwill Industrial Services Corporation Primary Activity: Assist Individuals with Disabilities and Economic Challenges. schedule r, Part II, Column F Goodwill Industrial Services Corporation Direct Controlling Entity: GOODWILL OF COLORADO.