Goodwill Contract Services Hawaii Inc
EIN: 61700328 · Honolulu, HI · NTEE: J30
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.4M |
| Net Assets | $2.6M |
Is Goodwill Contract Services Hawaii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Goodwill Contract Services Hawaii Inc
Goodwill Contract Services Hawaii Inc (EIN: 61700328) is a nonprofit organization based in Honolulu, HI, classified under NTEE code J30. The organization reported total revenue of $3.0M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goodwill Contract Services Hawaii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goodwill Contract Services Hawaii Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$271K |
| Total Assets | $2.8M |
| Total Liabilities | $211K |
| Net Assets | $2.6M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 7.4% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Goodwill Contract Services Hawaii Inc reported a surplus of $271K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 7.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Goodwill Contract Services Hawaii Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | -18.5% | +10.4% |
| 2022 | -11.2% | -12.4% | +0.8% |
| 2021 | +5.9% | -3.7% | +2.8% |
| 2020 | -2.0% | +10.2% | -9.4% |
| 2019 | -1.9% | -5.1% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Goodwill Contract Services Hawaii Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Goodwill Contract Services Hawaii Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $271K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.4%.
Frequently Asked Questions about Goodwill Contract Services Hawaii Inc
Is Goodwill Contract Services Hawaii Inc a legitimate charity?
Goodwill Contract Services Hawaii Inc (EIN: 61700328) is a registered tax-exempt nonprofit based in Hawaii. It has 13 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: A.
How does Goodwill Contract Services Hawaii Inc spend its money?
Goodwill Contract Services Hawaii Inc reported $3.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Goodwill Contract Services Hawaii Inc tax-deductible?
Goodwill Contract Services Hawaii Inc is registered as a tax-exempt nonprofit (EIN: 61700328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Goodwill Contract Services Hawaii Inc located?
Goodwill Contract Services Hawaii Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 61700328. It is classified under NTEE code J30.
How many years of IRS 990 filings does Goodwill Contract Services Hawaii Inc have?
Goodwill Contract Services Hawaii Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Filing History
IRS 990 filing history for Goodwill Contract Services Hawaii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Goodwill Contract Services Hawaii Inc's revenue has declined by 55%, moving from $6.0M to $2.7M. Total assets increased by 65.7% over the same period, from $1.7M to $2.8M. Total functional expenses fell by 58.5%, from $5.9M to $2.4M. In its most recent filing year (2023), Goodwill Contract Services Hawaii Inc reported a surplus of $271K, with revenue exceeding expenses. The organization holds $211K in liabilities against $2.8M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.4M | $2.8M | $211K | — | View 990 |
| 2022 | $3.1M | $3.0M | $2.6M | $216K | — | View 990 |
| 2021 | $3.5M | $3.4M | $2.5M | $280K | — | View 990 |
| 2020 | $3.3M | $3.5M | $2.5M | $261K | — | View 990 |
| 2019 | $3.3M | $3.2M | $2.7M | $242K | — | View 990 |
| 2018 | $3.4M | $3.4M | $2.6M | $223K | — | View 990 |
| 2017 | $3.4M | $3.4M | $2.6M | $244K | — | View 990 |
| 2016 | $3.5M | $3.4M | $2.5M | $233K | — | View 990 |
| 2015 | $3.8M | $3.4M | $2.4M | $251K | — | View 990 |
| 2014 | $3.7M | $3.2M | $2.0M | $249K | — | View 990 |
| 2013 | $3.6M | $3.4M | $1.6M | $301K | — | View 990 |
| 2012 | $4.5M | $4.3M | $1.3M | $334K | — | View 990 |
| 2011 | $6.0M | $5.9M | $1.7M | $951K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.4M, and assets of $2.8M (revenue -11.9% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.0M, and assets of $2.6M (revenue -11.2% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.4M, and assets of $2.5M (revenue +5.9% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.5M, and assets of $2.5M (revenue -2.0% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.2M, and assets of $2.7M (revenue -1.9% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.4M, and assets of $2.6M (revenue -1.0% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.4M, and assets of $2.6M (revenue -2.8% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.4M, and assets of $2.5M (revenue -7.3% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.4M, and assets of $2.4M (revenue +3.2% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.2M, and assets of $2.0M (revenue +1.3% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.4M, and assets of $1.6M (revenue -19.7% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.3M, and assets of $1.3M (revenue -24.6% year-over-year).
- 2011: Revenue of $6.0M, expenses of $5.9M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goodwill Contract Services Hawaii Inc:
Data Sources and Methodology
This transparency report for Goodwill Contract Services Hawaii Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.