Quick charity verification for Goodwill Services (EIN: 208997946)
Verdict: Goodwill Services appears trustworthy
90/100Mission Score
$1.8MRevenue
$1.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Significant reduction in liabilities from $817,349 in 2014 to $47,539 in 2023, improving financial health.
Substantial growth in assets from $209,803 in 2014 to $768,332 in 2023, strengthening the balance sheet.
Positive net income in recent years (e.g., $1,376,973 revenue vs. $1,187,734 expenses in 2023), demonstrating financial sustainability.
Spending Breakdown
How Goodwill Services allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Goodwill Services
Is Goodwill Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Goodwill Services (EIN: 208997946) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Goodwill Services a good charity to donate to?
Goodwill Services has a Mission Score of 90/100. Revenue: $1.8M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Goodwill Services?
The Employer Identification Number (EIN) for Goodwill Services is 208997946. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Goodwill Services spend its money?
Goodwill Services allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Goodwill Services's tax-exempt status?
You can verify Goodwill Services's tax-exempt status using EIN 208997946 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Goodwill Services demonstrates a generally stable financial trajectory, with recent years showing positive net income. In 2023, the organization reported revenues of $1,376,973 against expenses of $1,187,734, indicating a surplus. This trend of revenue exceeding expenses is a positive sign for financial health, especially when compared to earlier periods like 2017 where expenses ($1,507,458) outstripped revenue ($1,332,223). The organization's assets have also shown significant growth, increasing from $209,803 in 2014 to $768,332 in 2023, while liabilities have decreased substantially from $817,349 in 2014 to $47,539 in 2023, indicating improved financial stability and reduced debt burden. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing funds towards the mission rather than executive salaries, which is a strong indicator of transparency and efficiency.