THE GOODWILL INDUSTRIES OF AKRON OHIO INC Charity Report

Public IRS 990 nonprofit record

THE GOODWILL INDUSTRIES OF AKRON OHIO INC

EIN 34-0252230 · Goodwill Industries (J32)

What they do

GOODWILL INDUSTRIES of AKRON, OHIO, INC is A NOT-FOR-PROFIT CORPORATION THAT HELPS INDIVIDUALS PREPARE FOR, FIND, and RETAIN EMPLOYMENT. GOODWILL SERVES THE FIVE-COUNTY REGION of SUMMIT, PORTAGE, MEDINA, ASHLAND, and RICHLAND. GOODWILL HELPS to DIRECTLY STRENGTHEN THE REGIONS WORKFORCE THROUGH ITS EMPLOYMENT PROGRAMS and INDIRECTLY THROUGH THE NET PROCEEDS FROM ITS RETAIL OUTLETS and CONTRACT SERVICES DIVISION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.12%of revenue went to mission work90.7% of expenses · Program services

0.27%of revenue went to fundraising0.3% of expenses

$100.43spent for every $100 of revenueSpending was higher than revenue this year.

9.04%of revenue went to management and office costs9.0% of expenses

$1.15in assets for every $1 spent this yearSome assets cannot be spent right away.

17.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $116,439 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $192,243 for NANCY ELLIS MCCLENAGHAN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$27,163,477

Mission workProgram services$24,751,83691.12% of revenue90.7% of expenses

ManagementOffice and general costs$2,454,9809.04% of revenue9.0% of expenses

FundraisingAsking for donations$73,1000.27% of revenue0.3% of expenses

Total expenses$27,279,916100.43% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.7% mission · 9.0% management · 0.3% fundraisingTotal expenses: 100.43% of revenue

2023Expense mix: 91.3% mission · 8.4% management · 0.3% fundraisingTotal expenses: 98.36% of revenue

2022Expense mix: 91.4% mission · 8.3% management · 0.3% fundraisingTotal expenses: 98.35% of revenue

2021Expense mix: 91.8% mission · 8.0% management · 0.2% fundraisingTotal expenses: 94.19% of revenue

2020Expense mix: 91.3% mission · 8.5% management · 0.2% fundraisingTotal expenses: 79.21% of revenue

2019Expense mix: 89.1% mission · 10.6% management · 0.3% fundraisingTotal expenses: 98.03% of revenue

2018Expense mix: 89.5% mission · 10.2% management · 0.4% fundraisingTotal expenses: 98.99% of revenue

2017Expense mix: 89.7% mission · 9.8% management · 0.5% fundraisingTotal expenses: 100.71% of revenue

Money in and money out

Revenue$27,163,477

Expenses$27,279,916

Annual shortfall $116,439 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,751,836 · 90.7% of expenses

Management and office costs$2,454,980 · 9.0% of expenses

Fundraising$73,100 · 0.3% of expenses

See all reported dollar amounts

Revenue$27,163,477

Expenses$27,279,916

Assets$31,297,357

Income$33,094,813

Contributions$4,871,692

Mission work (program services)$24,751,836

Fundraising$73,100

Grants given$132,500

Average grant$7,794

Management and general$2,454,980

Executive compensation (total)$131,072

Stocks and bonds$12,286,865

Accounting fees$47,232

Investing fees$65,881

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

NANCY ELLIS MCCLENAGHANPRESIDENT & CEO · 40 hrs/week $192,243Base $163,722 · Other $28,521

LAURA WALKERVP, MISSION SERVICES · 40 hrs/week $149,558Base $106,088 · Other $43,470

DOROTHEA NALLVP, RETAIL OPERATIONS · 40 hrs/week $142,098Base $114,279 · Other $27,819

CHERYL WATKINSVP, OPERATIONS & LOGISTICS · 40 hrs/week $125,551Base $102,984 · Other $22,567

PATRICK OSUCHDIR. OF FIN. RPTG & ACCT. BEG. 4/24 · 40 hrs/week $72,284Base $65,718 · Other $6,566

DEBRA C FURGERSONDIR. OF FIN. RPTG & ACCT. · 15 hrs/week $40,040Base $37,074 · Other $2,966

JUDITH BECKERDIR. OF FIN. RPTG & ACCT. UNTIL 3/24 · 40 hrs/week $27,730Base $24,553 · Other $3,177

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

NANCY ELLIS MCCLENAGHANPRESIDENT & CEO

LAURA WALKERVP, MISSION SERVICES

DOROTHEA NALLVP, RETAIL OPERATIONS

CHERYL WATKINSVP, OPERATIONS & LOGISTICS

PATRICK OSUCHDIR. OF FIN. RPTG & ACCT. BEG. 4/24

DEBRA C FURGERSONDIR. OF FIN. RPTG & ACCT.

JUDITH BECKERDIR. OF FIN. RPTG & ACCT. UNTIL 3/24

KELLY N WIERZCHOWSKIDIRECTOR

JOSEPH MANOLAS CPADIRECTOR UNTIL 4/24

KEVIN THOMPSONDIRECTOR

KIMBERLY D HUFFSECRETARY UNTIL 4/24

KRISTEN HOLBERT BEYNONDIRECTOR

LAURA JUDGESECRETARY BEGINNING 4/24

LEA JALBERT MBADIRECTOR

LYNN M CLARKDIRECTOR

MARC SERVODIO CFPCHAIR UNTIL 4/24

MATT KELLYDIRECTOR

MORGAN E PARKEDIRECTOR

STEVE C SWANN CPAABV CFEDIRECTOR

STEVEN T KIRKLANDDIRECTOR

SUSAN HANLON PH D2ND VICE CHAIR UNTIL 4/24

TIFFANY TESTADIRECTOR

VICKI SHEPHERDDIRECTOR

DAVID BUCCITREASURER

ALYSSA MCCLAIN CPA MTAXDIRECTOR

AMANDA BARNA2ND VICE CHAIR BEGINNING 4/24

BARBARA SNYDER ABRM CRS E-PRO GREDIRECTOR

BRADLEY M GILBODIRECTOR

CHARLES A ZONFA MD MBADIRECTOR

CHARLES E DUCEY JRDIRECTOR

CHRISSY MYERSDIRECTOR

DANIEL C BUSER ESQ CPCUDIRECTOR UNTIL 4/24

JULIE KATZ1ST VICE CHAIR BEGINNING 4/24

DIANE SMITHDIRECTOR UNTIL 1/24

DOUGLAS KLEIN CPA EADIRECTOR UNTIL 4/24

EDWARD CLUPPER IIDIRECTOR UNTIL 4/24

GRETA JOHNSONDIRECTOR

HATTIE M TRACY MSW LISW-S LCDCIIIDIRECTOR

JEANA M SINGLETONCHAIR BEGINNING 4/2024

JEFF STEVENSONDIRECTOR

ABDULLAH ALKHULAIWIDIRECTOR

About this charity

Recognized since: January 1938
Location: 570 E WATERLOO RD, AKRON, OH 44319-1223
County: Summit
In care of: % VOYA INSTITUTIONAL TRUST COMPANY
Primary officer: NANCY ELLIS MCCLENAGHAN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(330) 724-6995

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Goodwill Industries (J32)
IRS tax category: Goodwill Industries
Grant-giving organization: Yes