Goodwill Industries of Eastern North Carolina, Inc.

Transforming lives through opportunities.

aka GIENC | Durham, NC | http://www.gienc.org

GuideStar Charity Check

EIN: 56-0861003

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(2)
as of September 18, 2023

View summary

Charity Check report

Mission

To create and provide education, employment, and life enrichment opportunities regionally, nationally, and internationally for people who desire to improve the quality of their lives.

Ruling year info

1964

President

Mr. Christopher Hash

Main address

4721 Emperor Blvd, Suite 260

Durham, NC 27703 USA

Show more contact info

EIN

56-0861003

Subject area info

Computer literacy

Nonprofits

Employment

Human services information

Thrift shops

Show more subject areas

Population served info

Economically disadvantaged people

At-risk youth

Victims of disaster

Unemployed people

Veterans

NTEE code info

Adult, Continuing Education (B60)

Employment, Job Related N.E.C. (J99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Affiliations

See related organizations info

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Various

Goodwill Industries of Eastern North Carolina, Inc. (GIENC®), a Durham-based tax-exempt organization, focuses on employment, education, and life-enrichment opportunities throughout 51 counties throughout Eastern North Carolina. GIENC® is affiliated with Goodwill Industries International (GII), a network of more than 157 community-based Goodwills throughout the United States and Canada. GIENC® employs over 200 individuals within 41 Employment Program Centers, where employees earn an average of $20 per hour including benefits.

Offering technology, math, and English skills training, GIENC® has been providing free online learning since 2001.

To donate or get more information about Goodwill Industries of Eastern North Carolina, Inc. visit www.gienc.org.

Population(s) Served

Unemployed people

Veterans

At-risk youth

Economically disadvantaged people

Where we work

External reviews

Financials

Goodwill Industries of Eastern North Carolina, Inc.

Fiscal year: Jan 01 - Dec 31

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

0.17

Average of 0.40 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

4.9

Average of 1 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

30%

Average of 29% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Goodwill Industries of Eastern North Carolina, Inc.

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$25,274,704
Government Grants	$0
Program Services	$1,465,748
Investments	($66,774)
Special Events	$0
Sales	$0
Other	$32,743
Total Revenue	$26,706,421

Expenses
Program Services	$26,185,448
Administration	$1,144,083
Fundraising	$0
Total Expenses	$27,329,531
Net Gain/Loss	($623,110)

Functional expenses
Accounting Fees	$16,900
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$129,702
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$52,765
Pension Plan Contributions	$466,685
Professional Fundraising Expenses	$0

Revenue
Contributions	$26,897,670
Government Grants	$0
Program Services	$100,499
Investments	$96,568
Special Events	$0
Sales	$45,719
Other	$4,696
Total Revenue	$27,145,152

Expenses
Program Services	$26,244,462
Administration	$1,260,693
Fundraising	$0
Total Expenses	$27,505,155
Net Gain/Loss	($360,003)

Functional expenses
Accounting Fees	$20,600
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$120,015
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$72,552
Pension Plan Contributions	$498,986
Professional Fundraising Expenses	$0

Revenue
Contributions	$28,820,328
Government Grants	$0
Program Services	$91,104
Investments	$74,455
Special Events	$0
Sales	$0
Other	$5,503
Total Revenue	$28,991,390

Expenses
Program Services	$27,228,260
Administration	$1,151,138
Fundraising	$0
Total Expenses	$28,379,398
Net Gain/Loss	$611,992

Functional expenses
Accounting Fees	$27,100
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$117,492
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$60,711
Pension Plan Contributions	$535,259
Professional Fundraising Expenses	$0

Revenue
Contributions	$17,000,000
Government Grants	$0
Program Services	$114,544
Investments	($3,922)
Special Events	$0
Sales	$0
Other	($3,347)
Total Revenue	$17,107,275

Expenses
Program Services	$20,603,638
Administration	$917,741
Fundraising	$0
Total Expenses	$21,521,379
Net Gain/Loss	($4,414,104)

Functional expenses
Accounting Fees	$23,750
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$122,784
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$33,303
Pension Plan Contributions	$555,633
Professional Fundraising Expenses	$0

Revenue
Contributions	$24,500,000
Government Grants	$0
Program Services	$0
Investments	$69,481
Special Events	$0
Sales	$0
Other	$1,078
Total Revenue	$24,570,559

Expenses
Program Services	$22,920,548
Administration	$872,112
Fundraising	$0
Total Expenses	$23,792,660
Net Gain/Loss	$777,899

Functional expenses
Accounting Fees	$21,800
Advertising & Promotion	$34,842
Information Technology Expenses	$0
Insurance Expenses	$134,259
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$44,534
Pension Plan Contributions	$555,870
Professional Fundraising Expenses	$0

Revenue
Contributions	$25,000,000
Government Grants	$0
Program Services	$0
Investments	$142,731
Special Events	$0
Sales	$0
Other	$9,770
Total Revenue	$25,152,501

Expenses
Program Services	$23,989,511
Administration	$1,071,441
Fundraising	$0
Total Expenses	$25,060,952
Net Gain/Loss	$91,549

Functional expenses
Accounting Fees	$22,350
Advertising & Promotion	$15,124
Information Technology Expenses	$0
Insurance Expenses	$136,417
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$60,657
Pension Plan Contributions	$639,715
Professional Fundraising Expenses	$0

Revenue
Contributions	$25,300,000
Government Grants	$0
Program Services	$0
Investments	$53,530
Special Events	$0
Sales	$0
Other	$2,207
Total Revenue	$25,355,737

Expenses
Program Services	$23,817,223
Administration	$905,798
Fundraising	$0
Total Expenses	$24,723,021
Net Gain/Loss	$632,716

Functional expenses
Accounting Fees	$23,350
Advertising & Promotion	$35,139
Information Technology Expenses	$0
Insurance Expenses	$128,970
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$122,585
Pension Plan Contributions	$641,233
Professional Fundraising Expenses	$0

Revenue
Contributions	$24,750,000
Government Grants	$0
Program Services	$0
Investments	($4,212)
Special Events	$0
Sales	$0
Other	$1,690
Total Revenue	$24,747,478

Expenses
Program Services	$24,113,087
Administration	$783,280
Fundraising	$0
Total Expenses	$24,896,367
Net Gain/Loss	($148,889)

Functional expenses
Accounting Fees	$18,500
Advertising & Promotion	$33,611
Information Technology Expenses	$0
Insurance Expenses	$145,703
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$96,955
Pension Plan Contributions	$681,906
Professional Fundraising Expenses	$0

Revenue
Contributions	$23,000,000
Government Grants	$0
Program Services	$0
Investments	$59,218
Special Events	$0
Sales	$0
Other	$36,014
Total Revenue	$23,095,232

Expenses
Program Services	$22,789,661
Administration	$741,662
Fundraising	$0
Total Expenses	$23,531,323
Net Gain/Loss	($436,091)

Functional expenses
Accounting Fees	$23,400
Advertising & Promotion	$18,992
Information Technology Expenses	$0
Insurance Expenses	$134,500
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$107,396
Pension Plan Contributions	$296,709
Professional Fundraising Expenses	$0

Revenue
Contributions	$24,300,000
Government Grants	$0
Program Services	$0
Investments	$130,443
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$24,430,443

Expenses
Program Services	$22,979,735
Administration	$1,051,637
Fundraising	($505)
Total Expenses	$24,030,867
Net Gain/Loss	$399,576

Functional expenses
Accounting Fees	$25,050
Advertising & Promotion	$31,602
Information Technology Expenses	$0
Insurance Expenses	$130,968
Interest Expenses	$0
Investment Management Fees	$20,329
Legal Fees	$68,152
Pension Plan Contributions	$308,214
Professional Fundraising Expenses	$0

Revenue
Contributions	$23,000,000
Government Grants	$0
Program Services	$0
Investments	$9
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$23,000,009

Expenses
Program Services	$22,762,592
Administration	$1,009,068
Fundraising	($7,467)
Total Expenses	$23,764,193
Net Gain/Loss	($764,184)

Functional expenses
Accounting Fees	$25,900
Advertising & Promotion	$35,959
Information Technology Expenses	$0
Insurance Expenses	$136,375
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$70,690
Pension Plan Contributions	$301,616
Professional Fundraising Expenses	$0

Revenue
Contributions	$23,875,000
Government Grants	$0
Program Services	$0
Investments	$150,187
Special Events	$0
Sales	$0
Other	$4,331
Total Revenue	$24,029,518

Expenses
Program Services	$22,829,197
Administration	$1,154,849
Fundraising	$240
Total Expenses	$23,984,286
Net Gain/Loss	$45,232

Functional expenses
Accounting Fees	$26,025
Advertising & Promotion	$26,537
Information Technology Expenses	$97,425
Insurance Expenses	$135,255
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$35,976
Pension Plan Contributions	$314,917
Professional Fundraising Expenses	$0

Revenue
Contributions	$19,650,217
Government Grants	$0
Program Services	$0
Investments	$6,199
Special Events	$0
Sales	$0
Other	$24,225
Total Revenue	$19,680,641

Expenses
Program Services	$17,526,237
Administration	$1,128,702
Fundraising	$9,549
Total Expenses	$18,664,488
Net Gain/Loss	$1,016,153

Functional expenses
Accounting Fees	$19,684
Advertising & Promotion	$13,148
Information Technology Expenses	$150,764
Insurance Expenses	$163,820
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$26,374
Pension Plan Contributions	$287,707
Professional Fundraising Expenses	$0

Revenue
Contributions	$15,222,015
Government Grants	$0
Program Services	$25,733,410
Investments	$223,495
Special Events	$0
Sales	$0
Other	$3,081,736
Total Revenue	$44,260,656

Expenses
Program Services	$23,150,870
Administration	$1,998,635
Fundraising	$7,501
Total Expenses	$25,157,006
Net Gain/Loss	$19,103,650

Functional expenses
Accounting Fees	$16,850
Advertising & Promotion	$43,411
Information Technology Expenses	$107,279
Insurance Expenses	$120,662
Interest Expenses	$427,456
Investment Management Fees	$0
Legal Fees	$188,454
Pension Plan Contributions	$242,593
Professional Fundraising Expenses	$0

Goodwill Industries of Eastern North Carolina, Inc.

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$25,274,704
Cash & Equivalents	$2,857,180	$1,990,707	($866,473)
Accounts Receivable	$261,948	$364,907	$102,959
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$2,436,626	$2,692,948	$256,322
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,274,267	$1,578,996	$304,729
Other	$540,373	$539,441	($932)
Total Assets	$7,370,394	$7,166,999	($203,395)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$935,396	$1,130,211	$194,815
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$1,073,051	$1,297,951	$224,900
Total Liabilities	$2,008,447	$2,428,162	$419,715

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$5,361,947	$4,738,837	($623,110)
Net Assets	$5,361,947	$4,738,837	($623,110)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$26,897,670
Cash & Equivalents	$1,990,707	$1,899,292	($91,415)
Accounts Receivable	$364,907	$333,493	($31,414)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$2,692,948	$2,793,006	$100,058
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,578,996	$1,442,931	($136,065)
Other	$539,441	$780,661	$241,220
Total Assets	$7,166,999	$7,249,383	$82,384

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$1,130,211	$1,307,422	$177,211
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$1,297,951	$1,563,127	$265,176
Total Liabilities	$2,428,162	$2,870,549	$442,387

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$4,738,837	$4,378,834	($360,003)
Net Assets	$4,738,837	$4,378,834	($360,003)

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$28,820,328
Cash & Equivalents	$1,899,292	$2,475,835	$576,543
Accounts Receivable	$333,493	$533,563	$200,070
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$2,793,006	$2,993,202	$200,196
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,442,931	$1,281,833	($161,098)
Other	$780,661	$910,014	$129,353
Total Assets	$7,249,383	$8,194,447	$945,064

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$1,307,422	$1,399,637	$92,215
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$1,563,127	$1,803,984	$240,857
Total Liabilities	$2,870,549	$3,203,621	$333,072

Goodwill Industries of Eastern North Carolina, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Goodwill Industries of Eastern North Carolina, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$833,378	-$443,506	$387,717	$1,358,191	$19,639,337
As % of expenses	3.5%	-1.9%	1.6%	7.4%	79.8%
Unrestricted surplus (deficit) after depreciation	$399,574	-$804,302	$45,232	$1,016,333	$19,103,649
As % of expenses	1.7%	-3.4%	0.2%	5.4%	75.9%

Revenue composition
Total revenue (unrestricted & restricted)	$24,430,443	$23,000,009	$24,029,518	$19,680,641	$44,260,656
Total revenue, % change over prior year	5.8%	-5.9%	4.5%	-18.1%	124.9%
Program services revenue	0.0%	0.0%	0.0%	0.0%	58.1%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.5%	0.0%	0.7%	0.0%	0.2%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	99.5%	100.0%	99.4%	99.8%	34.4%
Other revenue	0.0%	0.0%	0.0%	0.1%	7.2%

Expense composition
Total expenses before depreciation	$23,597,063	$23,403,397	$23,641,801	$18,322,630	$24,621,318
Total expenses, % change over prior year	2.1%	-0.8%	1.0%	-22.5%	34.4%
Personnel	82.0%	83.1%	82.2%	78.3%	69.1%
Professional fees	0.5%	0.4%	0.3%	-0.5%	1.1%
Occupancy	11.6%	10.9%	10.7%	11.0%	10.8%
Interest	0.0%	0.0%	0.0%	0.0%	1.7%
Pass-through	0.0%	0.0%	0.0%	0.0%	7.1%
All other expenses	6.0%	5.5%	6.7%	11.2%	10.1%

Full cost components (estimated)	2017	2018	2019	2020	2021
Total expenses (after depreciation)	$24,030,867	$23,764,193	$23,984,286	$18,664,488	$25,157,006
One month of savings	$1,966,422	$1,950,283	$1,970,150	$1,526,886	$2,051,777
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$382,307	$0	$64,642,331
Total full costs (estimated)	$25,997,289	$25,714,476	$26,336,743	$20,191,374	$91,851,114

Capital structure indicators

Liquidity	2017	2018	2019	2020	2021
Months of cash	0.6	0.1	0.1	1.7	4.9
Months of cash and investments	0.6	0.1	0.1	1.7	4.9
Months of estimated liquid unrestricted net assets	0.0	-0.3	-0.3	0.3	6.9

Balance sheet composition	2017	2018	2019	2020	2021
Cash	$1,091,847	$163,194	$191,370	$2,577,152	$9,991,148
Investments	$0	$0	$0	$0	$0
Receivables	$129,198	$273,625	$94,778	$1,884,223	$320,112
Gross land, buildings, equipment (LBE)	$6,332,870	$6,245,490	$6,261,578	$6,528,532	$70,672,604
Accumulated depreciation (as a % of LBE)	70.1%	73.4%	72.8%	74.8%	7.0%
Liabilities (as a % of assets)	57.7%	69.2%	69.6%	72.2%	74.4%
Unrestricted net assets	$1,893,480	$1,089,178	$1,134,410	$2,150,743	$21,254,392
Temporarily restricted net assets	$0	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0	$0	$0
Total net assets	$1,893,480	$1,089,178	$1,134,410	$2,150,743	$21,254,392

Key data checks

Key data checks	2017	2018	2019	2020	2021
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

President

Mr. Christopher Hash

Number of employees

Source: IRS Form 990

Goodwill Industries of Eastern North Carolina, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

Goodwill Industries of Eastern North Carolina, Inc.

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

Goodwill Industries of Eastern North Carolina, Inc.

Board of directors
as of 11/28/2022

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Dr. Bart Cleary

Related organizations & associated domestic grants

Show data for fiscal year

Goodwill Industries of Eastern North Carolina, Inc.

Transforming lives through opportunities.

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

This profile needs more info.

Our programs

Various

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2021 info

0.17

Months of cash in 2021 info

4.9

Fringe rate in 2021 info

30%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Goodwill Industries of Eastern North Carolina, Inc.

Goodwill Industries of Eastern North Carolina, Inc.

Goodwill Industries of Eastern North Carolina, Inc.

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

President

Mr. Christopher Hash

Number of employees

Goodwill Industries of Eastern North Carolina, Inc.

Compensation data

Goodwill Industries of Eastern North Carolina, Inc.

Compensation data

Goodwill Industries of Eastern North Carolina, Inc.

Board of directors data

Dr. Bart Cleary

Related organizations & associated domestic grants

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities