Goodwill Industries Of The Berkshires And Southern Vermont In
EIN: 42207791 · Pittsfield, MA
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $7.5M |
| Net Assets | $1.4M |
Is Goodwill Industries Of The Berkshires And Southern Vermont In Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Goodwill Industries Of The Berkshires And Southern Vermont In
Goodwill Industries Of The Berkshires And Southern Vermont In (EIN: 42207791) is a nonprofit organization based in Pittsfield, MA. The organization reported total revenue of $7.7M and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goodwill Industries Of The Berkshires And Southern Vermont In's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goodwill Industries Of The Berkshires And Southern Vermont In is a mid-size nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.5M |
| Surplus / Deficit | $-234,255 |
| Total Assets | $9.3M |
| Total Liabilities | $8.0M |
| Net Assets | $1.4M |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 85.5% |
| Months of Reserves | 15.0 months |
Financial Health Grade: C
In 2024, Goodwill Industries Of The Berkshires And Southern Vermont In reported a deficit of $234K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 85.5% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Goodwill Industries Of The Berkshires And Southern Vermont In's revenue has grown at a compound annual growth rate (CAGR) of 12.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.9% | +9.0% | -0.7% |
| 2023 | +17.6% | +36.7% | +379.7% |
| 2022 | +24.0% | +19.1% | +33.3% |
| 2021 | +37.3% | +5.6% | +54.8% |
| 2020 | -13.5% | +1.1% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Goodwill Industries Of The Berkshires And Southern Vermont In 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 Industries Of The Berkshires And Southern Vermont In 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $234K, with expenses exceeding revenue.
- Debt-to-asset ratio: 85.5%.
Frequently Asked Questions about Goodwill Industries Of The Berkshires And Southern Vermont In
Is Goodwill Industries Of The Berkshires And Southern Vermont In a legitimate charity?
Goodwill Industries Of The Berkshires And Southern Vermont In (EIN: 42207791) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $7.7M. No red flags identified. Financial health grade: C.
How does Goodwill Industries Of The Berkshires And Southern Vermont In spend its money?
Goodwill Industries Of The Berkshires And Southern Vermont In reported $7.7M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Goodwill Industries Of The Berkshires And Southern Vermont In tax-deductible?
Goodwill Industries Of The Berkshires And Southern Vermont In is registered as a tax-exempt nonprofit (EIN: 42207791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Goodwill Industries Of The Berkshires And Southern Vermont In located?
Goodwill Industries Of The Berkshires And Southern Vermont In is headquartered in Pittsfield, Massachusetts and files with the IRS under EIN 42207791.
How many years of IRS 990 filings does Goodwill Industries Of The Berkshires And Southern Vermont In have?
Goodwill Industries Of The Berkshires And Southern Vermont In has 14 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 $7.7M in total revenue.
Filing History
IRS 990 filing history for Goodwill Industries Of The Berkshires And Southern Vermont In showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Goodwill Industries Of The Berkshires And Southern Vermont In's revenue has grown by 339.4%, moving from $1.6M to $7.2M. Total assets increased by 1379% over the same period, from $631K to $9.3M. Total functional expenses rose by 333.8%, from $1.7M to $7.5M. In its most recent filing year (2024), Goodwill Industries Of The Berkshires And Southern Vermont In reported a deficit of $234K, with expenses exceeding revenue. The organization holds $8.0M in liabilities against $9.3M in assets (debt-to-asset ratio: 85.5%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.2M | $7.5M | $9.3M | $8.0M | — | View 990 |
| 2023 | $7.0M | $6.9M | $9.4M | $7.8M | — | View 990 |
| 2022 | $5.9M | $5.0M | $2.0M | $502K | — | View 990 |
| 2021 | $4.8M | $4.2M | $1.5M | $902K | — | View 990 |
| 2020 | $3.5M | $4.0M | $950K | $973K | — | View 990 |
| 2019 | $4.0M | $3.9M | $788K | $306K | — | View 990 |
| 2018 | $3.4M | $3.6M | $744K | $326K | — | View 990 |
| 2017 | $3.5M | $3.6M | $1.0M | $394K | — | View 990 |
| 2016 | $2.8M | $2.8M | $1.1M | $402K | — | View 990 |
| 2015 | $2.4M | $2.3M | $883K | $180K | — | View 990 |
| 2014 | $2.1M | $2.1M | $840K | $205K | — | View 990 |
| 2013 | $2.0M | $2.0M | $837K | $219K | — | View 990 |
| 2012 | $2.0M | $1.7M | $803K | $236K | — | View 990 |
| 2011 | $1.6M | $1.7M | $631K | $316K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.2M, expenses of $7.5M, and assets of $9.3M (revenue +3.9% year-over-year).
- 2023: Revenue of $7.0M, expenses of $6.9M, and assets of $9.4M (revenue +17.6% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.0M, and assets of $2.0M (revenue +24.0% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.2M, and assets of $1.5M (revenue +37.3% year-over-year).
- 2020: Revenue of $3.5M, expenses of $4.0M, and assets of $950K (revenue -13.5% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.9M, and assets of $788K (revenue +17.5% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.6M, and assets of $744K (revenue -2.9% year-over-year).
- 2017: Revenue of $3.5M, expenses of $3.6M, and assets of $1.0M (revenue +26.4% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.8M, and assets of $1.1M (revenue +18.5% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $883K (revenue +9.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.1M, and assets of $840K (revenue +5.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $837K (revenue +2.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.7M, and assets of $803K (revenue +20.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.7M, and assets of $631K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goodwill Industries Of The Berkshires And Southern Vermont In:
Data Sources and Methodology
This transparency report for Goodwill Industries Of The Berkshires And Southern Vermont In 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.