2025-10-29T13:24:19-05:00 2024-12-31 Sorren Inc 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2024-01-01 841488592 Goodwill of Colorado Foundation % GOODWILL OF COLORADO GOOD 7196354483 1460 Garden of the Gods Road Colorado Springs CO 80907 Thomas Wildenberg CFO 7196354483 2025-08-15 true true Doreen B Merz P00841439 7196301186 2025-08-15 2024 2025-03-06 01:10:19Z Thomas Wildenberg 1460 Garden of the Gods Rd Colo Springs CO 80907 6936283 false X www.goodwillcolorado.org X 1999 CO RAISE FUNDS THROUGH PUBLIC AND CORPORATE APPEALS, ACTIVITIES AND OUTREACH SUPPORTING GOODWILL of colorado'S MISSION OF HELPING INDIVIDUALS (CONTINUED ON SCHEDULE O) 17 15 9 26 0 4985391 4726159 0 0 715876 947722 -266615 918451 5434652 6592332 2700052 4499152 0 0 547889 665111 0 0 904897 220610 239786 3468551 5404049 1966101 1188283 22446284 22693739 2728759 55271 19717525 22638468 X GOODWILL OF COLORADO FOUNDATION SERVES GOODWILL OF COLORADO (EIN # 84-0513404) THROUGH STRATEGIC AND EFFICIENT FUNDRAISING EFFORTS DEDICATED TO THE ORGANIZATION'S MANY DIVERSE LIFE-CHANGING PROGRAMS AND SERVICES BENEFITTING 148 THOUSAND COLORADOANS IN 63 COUNTIES THROUGHOUT COLORADO EACH YEAR. the foundation SUPPORTs GOODWILL OF COLORADO'S MISSION OF HELPING INDIVIDUALS WITH SIGNIFICANT DISABILITIES AND DISADVANTAGES OVERCOME THEIR BARRIERS TO INDEPENDENCE THROUGH THE POWER OF WORK AND LIFE-ENGAGEMENT OPPORTUNITIES. false false 4499152 4499152 0 IN 2024, GOODWILL of colorado Foundation IN PARTNERSHIP WITH GOODWILL OF COLORADO (EIN#84-0513404) and Goodwill INDUSTRIAL SERVICES CORPORATION (EIN # 84-1273701), PROVIDED MEANINGFUL AND GAINFUL EMPLOYMENT TO OVER 200 INDIVIDUALS WITH DEVELOPMENTAL AND ECONOMIC CHALLENGES THROUGH ITS SELF-SUSTAINING BUSINESS ENTERPRISES COMPRISED OF LAUNDRY & JANITORIAL SERVICES FOR GOVERNMENT AGENCIES, ACADEMIC AND HEALTH CARE INSTITUTIONS, AND BUSINESSES. 4499152 true true false false false false false false false true true false false true true true false true false false false false false false true false false true false true false false false false false false false false true false false false false true false false false true 9 0 9 true false false false false false true true false false false false false false X 17 15 true false false false true true true true true false false true true true true true true true true false CO X X GOODWILL OF COLORADO 7196354483 1460 GARDEN OF THE GODS RD Colo Spgs CO 80907 X Karla Grazier - See Sch O CEO 1.0 39.0 X X 0 641384 44349 Thomas Wildenberg - See Sch O CFO 1.0 39.0 X X 0 257087 25008 Peter Maiurro Chair 1.0 1.0 X X 0 0 0 Tom Neill Vice Chair 1.0 0.0 X X 0 0 0 Stacy Kasten Treasurer 1.0 0.0 X X 0 0 0 Michelle Blessing Secretary 1.0 0.0 X X 0 0 0 Mark Perrault Director 1.0 0.0 X 0 0 0 Judith Rae Judy Mackey Director 1.0 0.0 X 0 0 0 Laura Blackburn Director 1.0 0.0 X 0 0 0 Robb Conner Director 1.0 0.0 X 0 0 0 Walter Coughlin Director 1.0 0.0 X 0 0 0 Chris Jenkins Director 1.0 0.0 X 0 0 0 Margie Mauldin Director 1.0 0.0 X 0 0 0 Bo Peretto Director 1.0 0.0 X 0 0 0 Mari Sinton-Martinez Director 1.0 0.0 X 0 0 0 Mike Hess Director 1.0 0.0 X 0 0 0 Ted Hamstra Director 1.0 0.0 X 0 0 0 Mark Michalek Director 1.0 0.0 X 0 0 0 0 898471 69357 0 false true false 0 76689 317552 4331918 76689 4726159 0 947722 947722 0 0 0 0 0 0 1262402 76689 343951 918451 918451 0 0 0 0 0 0 0 6592332 1866173 4499152 4499152 0 0 0 0 0 558350 558350 15587 15587 40667 40667 50507 50507 0 0 0 0 0 39616 39616 54871 54871 97103 97103 4450 4450 0 0 3802 3802 4596 4596 0 6716 6716 0 0 865 865 800 800 DUES & SUBSCRIPTIONS 12586 12586 MISCELLANEOUS EXPENSE 14381 14381 5404049 4499152 0 904897 X 3420593 1262570 212148 305620 171851 102357 0 0 0 0 0 0 2053750 1951063 0 0 0 0 37254 37254 14607568 16947967 0 0 0 0 0 0 1980374 2124162 22446284 22693739 76596 54890 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2652163 381 2728759 55271 X 13101657 15265310 6615868 7373158 19717525 22638468 22446284 22693739 1188283 1732660 X X false true X true false X X 1 GOODWILL OF COLORADO 840513404 10 true 4499152 0 1 4499152 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16861571 2235 2338165 19201971 11934462 2588764 2338345 16861571 14329593 -2395131 11934462 12647289 1680251 14327540 10865143 1782146 12647289 0.73200 0.06980 0.19820 false false 0 37254 37254 0 0 INTEREST IN IRREVOCABLE TRUSTS 2124162 2124162 0 DUE TO AFFILIATE 381 381 X 8629327 1732660 343951 2076611 6552716 39616 39616 6592332 5708384 343951 343951 5364433 39616 39616 5404049 SCHEDULE D, Part V, Line 4 Intended uses of endowment funds: To fund programs and services whicH meet the needs of persons with disabilities and economic challenges. SCHEDULE D, Part X, Line 2 Goodwill, GISC and the Foundation are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, these entities qualify for the charitable contribution deduction under Section 170(b)(1)(A) and have been classified as organizations that are not private foundations under Section 509(a)(2). The Organization believes that it does not have any uncertain tax positions that are material to the financial statements. SCHEDULE D, Part XI, line 2d Reclassification of Fundraising Expenses $343,951 Total $343,951 SCHEDULE D, Part XII, Line 2d Reclassification of Fundraising Expenses $343,951 Total $343,951 Enchanted Weeke 781117 76689 704428 11084 61891 24083 111563 golf tournament 250234 250234 35721 4200 33450 2 307740 307740 23807 2500 35652 1339091 76689 1262402 11084 121419 30783 180665 343951 918451 Schedule G Part II Column A Event name #1: An Enchanted Weekend Event name #2: Golf Tournament Event name #3: on the mesa Event name #4: Chic Boutique true Goodwill of Colorado 1460 Garden of the Gods Road Colorado Springs CO 80907 840513404 501 (C) 3 4499152 Support the mission of Goodwill of Colorado 1 0 schedule i, part i, line 2 Grants are made annually to Goodwill of Colorado, a related organization. These organizations share the same mission. false false false false false false false false false Thomas Wildenberg - See Sch O CFO 0 232087 0 25000 0 0 7777 0 17231 0 282095 0 Karla Grazier - See Sch O CEO 0 421884 0 207500 0 12000 0 27092 0 17257 0 685733 0 Schedule J, Part I, line 3 Methods used by related organization Goodwill of Colorado determines the compensation of the CEO. The methods used to determine compensation include the compensation committee, form 990 of other organizations, compensation survey or study, the use of an independent compensation consultant every other year, and approval by the board on recommendation from the compensation committee. Also See Schedule O, Part VI Section B Line 15 explanation. Schedule J, Part I, Line 1 (b) (iii) OTHER REPORTABLE COMPENSATION CONSISTS OF $12,000 AUTO ALLOWANCE. X AUCTION ITEMS 0 76689 SALES PRICE 0 false true false SCHEDULE M, LINE 25, COLUMN B AUCTION ITEMS WERE RECEIVED FROM VARIOUS ORGANIZATIONS AND BUSINESSES, AND COMBINED INTO VARIOUS PACKAGES FOR A FUNDRAISING AUCTION TO BE HELD IN THE FOLLOWING YEAR. THE NUMBER OF CONTRIBUTIONS OR ITEMS IS DIFFICULT TO DETERMINE. form 990 Part I Line 1 (Continued) With significant disabilities and disadvantages overcome their barriers to independence through the power of work and life-engagement opportunities. form 990 part vi section a line 2 THREE OF THE BOARD members of GOODWILL FOUNDATION (FDN) ALSO SERVE AS EITHER AN employee-OFFICER, or a BOARD member of THE RELATED ORGANIZATION goodwill of Colorado (GOC). BOARD OFFICERS, karla grazier, CEO, and Thomas Wildenberg, CFO, ARE COMPENSATED EMPLOYEES OF THE RELATED ORGANIZATION, goodwill of Colorado (GOC). SINCE the compensated officers of GOC serve SIMULTANEOUSLY ON THE FILING ORGANIZATION's board with a board member of GOC, THESE INDIVIDUALS ARE DEEMED TO HAVE A "BUSINESS" RELATIONSHIP, BASED ON THE IRS DEFINITION OF a BUSINESS RELATIONSHIP. THE FOLLOWING BOARD DIRECTORS HAVE A BUSINESS RELATIONSHIP: KARLA GRAZIER, THOMAS WILDENBERG, AND peter maiurro. form 990 part vi section a line 6 The organization's sole member is goodwill of colorado. form 990 part vi section a line 7 a & b The following acts require approval from the sole member, goodwill of colorado: (1) Determination of the number of board members, (2) Approval of new board members, (3) Determination of the filing organization's fiscal year end, and (4) Amendments to the organization's bylaws. Goodwill of colorado, as the sole member, is also eligible to remove with or without cause, a board director and/or officer of the board. form 990 part vi section b line 11b The organization's form 990 is prepared by an independent accounting firm. Prior to the form being filed, the CFO and goodwill of Colorado (GOC) director of finance complete an extensive review. The final version is reviewed by the GOC finance committee. The 990 is then provided via email to the full board in advance of their next regularly scheduled meeting at which time the 990 is reviewed and submitted for approval by the Board. form 990 part vi section b line 12c Each board member is presented with the conflict of interest policy and asked to sign annually. Should there be an issue of conflict or a potential conflict, the board member discloses and refrains from voting. form 990 part vi section b line 15 a & b Compensation policy of related organization, goodwill of colorado, for determining the compensation of the employee-officers and key employees of goodwill of colorado: Compensation and review of the CEO are determined by the compensation committee, which is comprised of the past, present, and chair-elect of the board of directors. Documents used for the review include: A questionnaire submitted to all board members reviewing organizational results, CEO interactions with the board, CEO representation in the community and CEO's performance against strategic, operating, and budgetary goals. The committee then reviews salary surveys from mountain states employer's council (executive compensation survey and non-profit industry compensation survey), the goodwill industries international CEO compensation report and relevant 990s from other non-profits in the front range community. Consideration is given to both internal salary range and the external surveys, and a recommendation is presented to the risk and compliance committee for review and comment, and then the compensation committee provides a recommendation to the board for approval. The process also involves review of external market data for CEO direct report, (mountain state employer's council, the goodwill industries international "direct reports to the CEO" survey and relevant 990s from other non profits in the front range community) and the internal salary range. Governing documents and audited financial statements are available to the public upon request. The conflict of interest policy is available upon request or via the goodwill of colorado ethicspoint website: https://secure.ethicspoint.com/domain/media/en/gui/19493/index.html form 990 part vii section a Officers are compensated by the related organization for their services rendered to the other organization not in their service as the board of goodwill foundation. form 990 part ix line 25 Goodwill of colorado foundation is part of a consolidated entity reporting on separate 990s. As such, certain functions and the related expenses are reported in a separate entity. Please see goodwill of colorado for additional information. form 990 part xii line 2c Selection of independent auditor and review of audited financial statements: Oversight process has not changed. GOODWILL of Colorado 1460 Garden of the Gods Road Colorado Springs CO 80907 840513404 See Part VII CO 501(C)3 Line 10 NA false Goodwill Industrial Services Corporation 1460 Garden of the Gods Road Colorado Springs CO 80907 841273701 See Part VII CO 501(C)3 Line 10 See Part VII false false true false true true false false false false false false false true false true false true true schedule r, Part II, Column B Goodwill of Colorado Primary Activity: Assist Individuals with Disabilities and Economic Challenges. Goodwill Industrial Services Corporation Primary Activity: Assist Individuals with Disabilities and Economic Challenges. schedule r, Part II, Column F Goodwill Industrial Services Corporation Direct Controlling Entity: GOODWILL OF COLORADO.