Nonprofit · EIN 20-0749885
GOODWILL EDUCATION INITIATIVES INC
Tax-exempt · INDIANAPOLIS, IN 46222
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $44,251,243 | $43,953,761 | $297,482 | $44,757,876 | $14,166,151 | $30,591,725 |
| June 30, 2024 | 990 | $41,172,822 | $35,489,391 | $5,683,431 | $38,755,607 | $8,788,309 | $29,967,298 |
| June 30, 2023 | 990 | $34,483,175 | $34,206,998 | $276,177 | $31,641,632 | $7,671,250 | $23,970,382 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $43,039,713
- of which government grants
- $37,693,463
- Program service revenue
- $633,077
- Investment income
- $453,880
- Net gain from sales of assets
- -$347,198
- Other revenue
- $124,573
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $23,709,741
- Salaries, compensation and benefits (total)
- $30,500,735
- Professional fundraising fees
- $0
- Legal fees
- $177,708
- Accounting fees
- $56,030
- Occupancy
- $3,240,184
- Travel
- $336,516
- Depreciation
- $1,477,510
- Program services (functional)
- $36,921,360
- Management and general (functional)
- $7,032,401
Balance sheet and other
- Total assets, start of year
- $38,755,607
- Total assets, end of year
- $44,757,876
- Total liabilities, end of year
- $14,166,151
- Net assets, end of year
- $30,591,725
- Land, buildings and equipment
- $14,813,936
- Publicly traded securities
- $6,371,197
- Net assets without donor restrictions
- $30,591,725
- Gross receipts
- $44,598,441
- Employees
- 514
- Volunteers
- 25
- Year formed
- 2004
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENT KRAMER | CEO - GOODWILL LEGACY GROUP Officer | 1 | $0 | $744,553 | $42,067 |
| BETSY DELGADO | SVP OF EDUCATION Officer | 1 | $0 | $359,350 | $42,475 |
| MATTHEW FORTNEY | TREASURER-NON VOTING Officer | 1 | $0 | $319,362 | $25,045 |
| KATHERINE BUSTAMANTE | VICE PRESIDENT, GEI & THE EXCEL CENTER NATIONAL OF Highest-paid employee | 40 | $176,422 | $0 | $19,276 |
| LAKIA OSBORNE | SENIOR DIRECTOR, GEI Highest-paid employee | 40 | $146,722 | $0 | $22,307 |
| DAN SCOTT | SENIOR DIRECTOR, CORPORATE IMPACT & ANALYTICS Highest-paid employee | 40 | $127,579 | $0 | $29,911 |
| SARAH THOMAS | SENIOR DIRECTOR, NATIONAL OFFICE Highest-paid employee | 40 | $125,604 | $0 | $25,733 |
| COREY EMERY | SENIOR DIRECTOR, GEI Highest-paid employee | 40 | $134,708 | $0 | $6,808 |
| GITA BAKER | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA PICKETT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KOFI BARKO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PATRICIA CASTANEDA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| C PERRY GRIFFITH JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARLAND GRAVES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DON PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY OLIVER | DIRECTOR Trustee or director | 1 | $0 |
| JOSH SHELTON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENT KRAMER | CEO OF GCSI Officer | 1 | $0 | $656,026 | $39,292 |
| BETSY DELGADO | VICE PRESIDENT Officer | 1 | $0 | $289,554 | $31,159 |
| MICHELLE ASHLEY | VP MISSION INITIATIVES Highest-paid employee | 40 | $181,702 | $0 | $18,671 |
| DANIEL J RILEY | TREASURER-NON VOTING PARTIAL YR Officer | 1 | $0 | $174,330 | $20,328 |
| MATTHEW FORTNEY | TREASURER-NON VOTING Officer | 1 | $0 | $138,809 | $5,128 |
| DAN SCOTT | DIRECTOR, CORP IMPACT & ANALYTICS Highest-paid employee | 40 | $118,901 | $0 | $11,415 |
| KATHERINE BUSTAMANTE | SR DIRECTOR NATIONAL OFFICE Highest-paid employee | 40 | $109,027 | $0 | $17,589 |
| COREY EMERY | REGIONAL DIRECTOR GEI Highest-paid employee | 40 | $114,882 | $0 | $5,897 |
| CHRISTINA LEAR | PRINCIPAL, INDY MET Highest-paid employee | 40 | $107,721 | $0 | $12,900 |
| GITA BAKER | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DORIS L PRYOR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA PICKETT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| C PERRY GRIFFITH JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARLAND GRAVES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KOFI BARKO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DON PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAY OLIVER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSH SHELTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENT KRAMER | CEO OF GCSI Officer | 1 | $0 | $632,135 | $37,282 |
| DANIEL J RILEY | TREASURER-NON VOTING Officer | 1 | $0 | $268,086 | $47,740 |
| BETSY DELGADO | VICE PRESIDENT Officer | 1 | $0 | $265,547 | $45,642 |
| MICHELLE ASHLEY | VICE PRES., MISSION INITIATIVES Highest-paid employee | 40 | $158,939 | $0 | $23,386 |
| ANNE DAVIS | VICE PRES., EDUCATION INITIATIVES Highest-paid employee | 40 | $155,813 | $0 | $19,489 |
| DAN SCOTT | DIRECTOR, CORP IMPACT & ANALYTICS Highest-paid employee | 40 | $117,715 | $0 | $13,127 |
| CAROL GREGGS | SR DIRECTOR, FINANCIAL OPERATIONS Highest-paid employee | 40 | $122,461 | $0 | $7,589 |
| SHEILA DOLLASKE | DIRECTOR, SCHOOL DEV. & INNOVATION Highest-paid employee | 40 | $120,714 | $0 | $7,589 |
| GITA BAKER | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DORIS L PRYOR | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA PICKETT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| C PERRY GRIFFITH JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DON PALMER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAY OLIVER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSH SHELTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GARLAND GRAVES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KOFI BARKO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TIFFANY FLETCHER | DIRECTOR (PARTIAL YEAR) Trustee or director | 1 | $0 | $0 | $0 |
| JILL KRAMER | DIRECTOR (PARTIAL YEAR) Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1635 W MICHIGAN ST, INDIANAPOLIS, IN 46222-3852
- In care of
- % JAMES M MCCLELLAND
- Principal officer (990 for 2024)
- MATTHEW FORTNEY, 1635 W MICHIGAN ST, INDIANAPOLIS, IN 46222
- Signed the 990
- MATTHEW FORTNEY, TREASURER
- Phone
- (317) 524-4313
- Return prepared by
- BLUE & CO LLC
Mission
TO PROVIDE EDUCATIONAL OPPORTUNITIES DESIGNED TO ENABLE YOUNG PEOPLE AND ADULTS TO ENHANCE THEIR SUCCESS IN LIFE AND WORK; TO DEVELOP, OWN, AND OPERATE ONE OR MORE CHARTER SCHOOLS.
Program accomplishments
- SEE SCHEDULE O.GOODWILL EDUCATION INITIATIVES (GEI) PROVIDES EDUCATIONAL OPPORTUNITIES DESIGNED TO ENABLE YOUNG PEOPLE AND ADULTS TO ENHANCE THEIR SUCCESS IN LIFE AND WORK. GOODWILL LEGACY GROUP (GLG ), A NOT-FOR-PROFIT CORPORATION RELATED TO GEI, FORMED GEI IN 2004 IN RESPONSE TO THE LARGE NUMBER OF YOUNG PEOPLE SEEKING EMPLOYMENT AND OTHER SERVICES AT GOODWILL WITH LIMITED CAREER OPPORTUNITIES AND WITHOUT A HIGH SCHOOL DIPLOMA. GEI OPERATES THE INDIANAPOLIS METROPOLITAN HIGH SCHOOL (THE MET), A PUBLIC CHARTER SCHOOL IN AN ECONOMICALLY DEPRESSED URBAN AREA IN INDIANAPOLIS UNDER THE INDIANA CHARTER SCHOOL LAWS AND THE CHARTERING AUTHORITY OF THE MAYOR OF INDIANAPOLIS. GEI ALSO OPERATES THE EXCEL CENTERS, INDIANA PUBLIC CHARTER HIGH SCHOOLS PRIMARILY SERVING ADULTS WHO PREVIOUSLY DROPPED OUT OF HIGH SCHOOL AND WHO WISH TO OBTAIN THEIR HIGH SCHOOL DIPLOMA. THE MET AND ONE EXCEL CENTER LOCATION OCCUPY SPACE IN GOODWILL'S INDIANAPOLIS HEADQUARTERS BUILDING. TWO EXCEL CENTERS OCCUPY SPACE OWNED BY GLG, TWO EXCEL CENTERS OCCUPY SPACE OWNED BY GEI, AND THE OTHER EXCEL CENTERS LEASE SPACE FROM THIRD PARTIES. GEI CONTRACTS WITH GOODWILL FOR CERTAIN BUSINESS SUPPORT SERVICES, INCLUDING HUMAN RESOURCES, SAFETY & SECURITY, INFORMATION TECHNOLOGY, FACILITIES, FINANCE, AND MARKETING. THE EXCEL CENTERS OPERATED IN 18 LOCATIONS IN CENTRAL INDIANA IN FISCAL YEAR 2024-2025.THE MET PRIMARILY SERVES STUDENTS WHO ARE IN FOSTER CARE, HAVE BEEN INVOLVED WITH THE JUVENILE JUSTICE SYSTEM, AND/OR HAVE STRUGGLED IN OTHER SCHOOL SETTINGS.SINCE INCEPTION, MORE THAN 700 STUDENTS HAVE GRADUATED FROM THE MET, AND 64% OF THOSE GRADUATES HAVE GONE ON TO SOME FORM OF POST-SECONDARY EDUCATION OR TRAINING AND REMAIN IN SCHOOL TWO YEARS AFTER GRADUATION.THE EXCEL CENTER OPENED ITS FIRST LOCATION IN AUGUST 2010 AND COMPLETED ITS FIFTEENTH YEAR OF OPERATIONS ON JUNE 30, 2025. DUE TO THE HIGH DEMAND FOR ITS SERVICES, THE EXCEL CENTER HAS EXPANDED TO 18 LOCATIONS THROUGHOUT CENTRAL AND SOUTHERN INDIANA AND STUDENT ENROLLMENT HAS GROWN TO OVER 4,600 STUDENTS. SINCE INCEPTION OVER 9,500 STUDENTS HAVE GRADUATED FROM THE EXCEL CENTER. STUDENTS HAVE VARYING DEGREES OF ACADEMIC CREDITS AND CAPABILITIES WHEN THEY ENROLL.EXCEL CENTER STUDENTS ATTEND CLASSES AND CONNECT WITH A LIFE COACH WHO HELPS THEM NAVIGATE THE BARRIERS THAT STAND IN THE WAY OF THEIR EDUCATIONAL ATTAINMENT. DEMAND FOR EXCEL CENTER ENROLLMENT CONTINUES TO EXCEED CAPACITY. AS A RESULT, GEI PLANS TO OPEN ADDITIONAL FACILITIES AS INDIANA LEGISLATION AND PUBLIC FUNDING ALLOWS.Expenses $36,921,360 · revenue $757,650
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0749885
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B240)
- Assets (IRS master file)
- $44,757,876
- Income (IRS master file)
- $44,598,441
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $44,251,243 | $43,953,761 | $44,757,876 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $41,172,822 | $35,489,391 | $38,755,607 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $34,483,175 | $34,206,998 | $31,641,632 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $35,840,790 | $34,010,054 | $25,308,391 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0749885).
Questions about GOODWILL EDUCATION INITIATIVES INC
- What is the EIN of GOODWILL EDUCATION INITIATIVES INC?
- The employer identification number (EIN) of GOODWILL EDUCATION INITIATIVES INC is 20-0749885.
- Is GOODWILL EDUCATION INITIATIVES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to GOODWILL EDUCATION INITIATIVES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOODWILL EDUCATION INITIATIVES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GOODWILL EDUCATION INITIATIVES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOODWILL EDUCATION INITIATIVES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GOODWILL EDUCATION INITIATIVES INC?
- The 990 for the year ended June 30, 2025 names MATTHEW FORTNEY.
- Who are the officers and directors of GOODWILL EDUCATION INITIATIVES INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 5 received compensation from the organization.
- How much revenue does GOODWILL EDUCATION INITIATIVES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $44,251,243, expenses of $43,953,761 and total assets of $44,757,876 at year end.
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