2009 Social Return on Investment (SROI) Metrics
We believe for every dollar invested in Goodwill’s efforts, there are not only value-added but quantifiable resulting benefits to individuals and to society. This prompted Goodwill to explore and refine a Social Return on Investment (SROI) framework to recognize and quantify the “return” that accrues to the northeast Indiana community. Furthermore, the “return” may take the form of a wide range of changes, including those that can be monetized, such as community tax savings (Goodwill adds to the tax base) and individuals’ increased income; as well as changes that have distinct effects on individuals and communities but are hard to translate into dollars, such as the financial impact of thousands of families’ saving by shopping at the Goodwill thrift stores or the self-esteem of persons with disabilities/employment barriers working in productive competitive jobs throughout our community.
The benefits accruing to the northeast Indiana community from Goodwill’s programs is highlighted in the following 2009 SROI metrics:
|
GOODWILL METRICS |
2009 |
|
TOTAL PERSONS SERVED |
331 |
|
CLIENTS |
|
|
Total Clients Served |
229 |
|
% Clients’ Multiple Disabilities |
48% |
|
Clients Placed Into Jobs |
18 |
|
Client’s Projected Wages |
$172,228 |
|
Wage Range |
$6.65 - $10 |
|
EMPLOYEES |
|
|
Employees with Barriers |
161 |
|
% of Total Workforce |
62% |
|
# Provided Case Management |
102 |
|
Wages Earned |
$1,921,725 |
|
Total Goodwill Workforce |
293 |
|
Total Wages Earned |
$3,651,470 |
|
Total Taxes Paid |
$776,822 |
|
DONATED GOODS |
|
|
# Goodwill Store Purchases |
539,574 |
|
# On-Line Purchases |
38,392 |
|
Sales Tax Remitted to State |
$501,762 |
|
# Home & Business Pick-ups |
1,287 |
|
# Lbs. of Donations Recycled |
4,788,777 |
|
COMMUNITY |
|
|
$ Returned to Local Economy |
$2,171,077 |
|
GoodWorks Statistics |
$1,714 |
|
ADMINISTRATIVE ANALYTICS |
|
|
% Operating Revenue Spent for Program(s) |
89.5% |
|
Management & General Cost |
10.5% |
|
Fundraising Expense |
0.1% |
|
# Months Covered by Unrestricted Net Assets |
3.8 |
|
% of Budget Self-Sufficient (From Donated Goods Revenue) |
97% |