HEART OF TEXAS GOODWILL INDUSTRIES INC Charity Report

Public IRS 990 nonprofit record

HEART OF TEXAS GOODWILL INDUSTRIES INC

EIN 74-1238443 · Employment, Job-Related (J32Z)

What they do

for OVER 66 YEARS, HEART of TEXAS GOODWILL INDUSTRIES HAS BEEN COMMITTED to CHANGING LIVES THROUGH THE POWER of WORK. SINCE 1955, HEART of TEXAS GOODWILL HAS GROWN INTO THE LEADING NON-PROFIT PROVIDER of EMPLOYMENT READINESS SERVICES and JOB TRAINING PROGRAMS THAT HELP PEOPLE WITH DISABILITIES and DISADVANTAGING CONDITIONS REACH THEIR FULL POTENTIAL. HEART of TEXAS GOODWILL COVERS A SERVICE TERRITORY of 20 COUNTIES and OPERATES TWELVE RETAIL STORES, TWO OUTLET CENTERS, and AN ONLINE AUCTION MARKETPLACE, SHOPGOODWILL.COM. THE RETAIL BUSINESS NOT ONLY CREATES MORE THAN 370 JOBS for PEOPLE WITH BARRIERS to EMPLOYMENT BUT IT ALSO GENERATES THE REVENUE THAT FUNDS THE EMPLOYMENT SERVICES and SKILLS TRAINING PROGRAMS OFFERED to THOUSANDS of CENTRAL TEXANS EACH YEAR THROUGH GOODWILLS MISSION SERVICES DEPARTMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.20 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 leaders21 people are listed in the latest report.

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

Money made simple

72.69%of revenue went to mission work84.2% of expenses · Program services

0.20%of revenue went to fundraising0.2% of expenses

$86.30spent for every $100 of revenueRevenue covered expenses this year.

13.41%of revenue went to management and office costs15.5% of expenses

$3.21in assets for every $1 spent this yearSome assets cannot be spent right away.

65.2%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.

Pay context: The highest compensation shown in this filing is $295,085 for SHANNON WITTMER (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$26,205,578

Mission workProgram services$19,048,94872.69% of revenue84.2% of expenses

ManagementOffice and general costs$3,513,86213.41% of revenue15.5% of expenses

FundraisingAsking for donations$51,7730.20% of revenue0.2% of expenses

Revenue left after expensesReported annual surplus$3,590,99513.70% of revenueShown in gray on the chart

Total expenses$22,614,58386.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 84.2% mission · 15.5% management · 0.2% fundraisingTotal expenses: 86.30% of revenue

2023Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 72.70% of revenue

2022Expense mix: 85.8% mission · 14.2% management · 0.0% fundraisingTotal expenses: 76.42% of revenue

2021Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 58.15% of revenue

2020Expense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 97.03% of revenue

2019Expense mix: 83.9% mission · 16.1% management · 0.0% fundraisingTotal expenses: 92.48% of revenue

2018Expense mix: 85.1% mission · 14.9% management · 0.0% fundraisingTotal expenses: 95.00% of revenue

2017Expense mix: 83.5% mission · 16.3% management · 0.1% fundraisingTotal expenses: 97.71% of revenue

Money in and money out

Revenue$26,205,578

Expenses$22,614,583

Annual surplus $3,590,995 Revenue was higher than expenses 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)$19,048,948 · 84.2% of expenses

Management and office costs$3,513,862 · 15.5% of expenses

Fundraising$51,773 · 0.2% of expenses

See all reported dollar amounts

Revenue$26,205,578

Expenses$22,614,583

Assets$72,685,400

Income$26,235,804

Contributions$17,074,936

Mission work (program services)$19,048,948

Fundraising$51,773

Management and general$3,513,862

Executive compensation (total)$277,852

Stocks and bonds$25,009,344

Accounting fees$923,951

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

SHANNON WITTMERPRESIDENT & CEO · 40 hrs/week $295,085Base $242,302 · Other $52,783

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 (21)

SHANNON WITTMERPRESIDENT & CEO

MICHAEL BOYDDIRECTOR

WENDY ELLISDIRECTOR

TONY HALEDIRECTOR

TAMMY RICHARDSDIRECTOR

STACIE KLINESECRETARY

SCOTT WILMOTVICE CHAIR

SCOTT OMOCHAIR

RANDY BROWNDIRECTOR

PETER RUSEKDIRECTOR

NATHAN SLOANDIRECTOR

DANIEL JEANESDIRECTOR

KIM WILLIAMSONDIRECTOR

KIM BARRTREASURER

KENNETH GABYDIRECTOR

KELLY BARRDIRECTOR

KEITH WILLIAMSONDIRECTOR

JIM PEEVEYDIRECTOR

HERMANN PEREIRADIRECTOR

ELLYN PERRONEDIRECTOR

DAVID JENNINGSDIRECTOR

About this charity

Recognized since: January 1957
Location: 1700 S NEW RD, WACO, TX 76711-1749
County: McLennan
In care of: SHANNON WITTMER
Primary officer: SHANNON WITTMER, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@hotgoodwill.org Phone(254) 753-7337

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JRBT PC
NTEE classification: Employment, Job-Related (J32Z)
IRS tax category: Vocational Rehabilitation Services