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Nonprofit · EIN 75-2722967

GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC

Tax-exempt · FORT WORTH, TX 76117

Financials

$10.2M$2.9M2023$15.4M$10.3M2024
Revenue Expenses · by fiscal year end
Financials of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,434,140$10,321,860$5,112,280$64,470,266$0$64,470,266
December 31, 2023990$10,189,786$2,944,060$7,245,726$55,268,114$0$55,268,114
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$2,221,099
Royalties
$13,213,041
Net gain from sales of assets
$133,287
Other revenue
$13,213,041

Expenses

Grants and similar amounts paid
$4,950,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$3,735,739
Depreciation
$619
Program services (functional)
$4,950,000
Management and general (functional)
$5,371,860

Balance sheet and other

Total assets, start of year
$55,268,114
Total assets, end of year
$64,470,266
Total liabilities, end of year
$0
Net assets, end of year
$64,470,266
Publicly traded securities
$60,199,706
Net assets without donor restrictions
$64,470,266
Gross receipts
$15,434,140
Employees
0
Volunteers
6
Year formed
1997
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
David CoxPRESIDENT/CEO
Trustee or director, Officer
1$0$557,738$63,536
Mike GriffinBoard Chair
Trustee or director, Officer
1$0$0$0
John P BoswellVice Chair
Trustee or director, Officer
1$0$0$0
Rob Kelly IIIDIRECTOR
Trustee or director
1$0$0$0
roger YandellTreasurer
Trustee or director, Officer
1$0$0$0
Jim RhodesDirector
Trustee or director
1$0$0$0
Kip AdamsDirector
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David CoxDirector
Trustee or director, Officer
1$0$570,666$63,635
Mike GriffinBoard Chair
Trustee or director, Officer
1$0$0$0
John P BoswellVice Chair
Trustee or director, Officer
1$0$0$0
Rob Kelly IIIDIRECTOR
Trustee or director
1$0$0$0
roger YandellTreasurer
Trustee or director, Officer
1$0$0$0
Jim RhodesDirector
Trustee or director
1$0$0$0
Kip AdamsDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
4200 AIRPORT FRWY, FORT WORTH, TX 76117-6262
In care of
% ACCOUNTING DEPARTMENT
Principal officer (990 for 2024)
Kimberly Casarez, 4200 Airport Frwy, Fort Worth, TX 76117
Signed the 990
Kimberly Casarez, CFO
Phone
(817) 332-7866
Return prepared by
BDO USA

Mission

GOODWILL INDUSTRIES HAS BEEN NAMED THE RECIPIENT OF FUNDS IN A NUMBER OF WILLS AND TRUST DOCUMENTS. GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION, INC. WAS ESTABLISHED TO RECEIVE THE TRUST FUNDS AND TO PURSUE AN AGGRESSIVE FUND RAISING PROGRAM TO BUILD THE PRINCIPLE IN ORDER TO INSURE THE SURVIVAL OF GOODWILL INDUSTRIES OF FT. WORTH, INC. AND TO PROVIDE FOR THE EXPANSION AND ENHANCEMENT OF SERVICES. THE FOUNDATION EXISTS TO ENABLE GOODWILL INDUSTRIES OF FORT WORTH, INC. TO MORE EFFECTIVELY FULFILL ITS MISSION IN THE COMMUNITY. THE OTHER ACTIVITIES RELATING TO THE FOUNDATION INVOLVE THE MANAGEMENT OF ASSETS AND THE DISTRIBUTION OF FUNDS TO GOODWILL INDUSTRIES OF FORT WORTH, INC.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE FUNDING TO GOODWILL INDUSTRIES OF FORT WORTH, INC. TO HELP FULFILL ITS MISSION IN THE COMMUNITY OF PROVIDING VOCATIONAL REHABILITATION SERVICES AND OPPORTUNITIES FOR PERSONAL GROWTH AND INDEPENDENT LIVING FOR PEOPLE WITH HANDICAPS, DISABILITIES AND DISADVANTAGES.
    Expenses $4,950,000 · grants $4,950,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2722967
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J320)
Assets (IRS master file)
$64,470,266
Income (IRS master file)
$15,434,140

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$15,434,140$10,321,860$64,470,266XML
990December 2023$10,189,786$2,944,060$55,268,114XML
990December 2022$8,529,870$2,395,973$43,613,403IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2722967).

Questions about GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC

What is the EIN of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC?
The employer identification number (EIN) of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC is 75-2722967.
Is GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Kimberly Casarez.
Who are the officers and directors of GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GOODWILL INDUSTRIES OF FORT WORTH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,434,140, expenses of $10,321,860 and total assets of $64,470,266 at year end.

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