Goodwill of Silicon Valley is a non-profit organization that provides support to individuals with disabilities, veterans, and seniors. As a non-profit organization, Goodwill of Silicon Valley is required to produce audited financial statements annually, which provide an overview of the organization’s financial activities for the year. In this article, we will discuss the audited financial statements for Goodwill of Silicon Valley from 2013 until 2022, providing a detailed overview of the organization’s financial health.

Audited Financial Statements Overview

The audited financial statements of Goodwill of Silicon Valley include a balance sheet, income statement, statement of cash flows, and footnotes. The balance sheet provides a snapshot of the organization’s financial position at the end of the fiscal year, including assets, liabilities, and equity. The income statement provides a summary of the organization’s revenues and expenses over the year. The statement of cash flows provides an overview of the organization’s cash inflows and outflows during the year. Lastly, the footnotes provide additional information about the organization’s financial position and operations.

The audited financial statements of Goodwill of Silicon Valley provide an overview of the organization’s financial health from 2013 until 2021. Over the years, the organization has seen steady growth in revenue and net assets. The majority of the organization’s revenue comes from the sale of donated goods, and expenses are primarily focused on providing services and programs to individuals with disabilities, veterans, and seniors. The footnotes provide additional information about the organization’s financial position and operations, giving stakeholders a comprehensive understanding of the organization’s financial health.