2017-01-09T08:47:16-06:00 2016-06-30 351489521 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990 2015-07-01 200749885 GOODWILL EDUCATION INITIATIVES INC GOOD 3175244268 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 daniel j riley treasurer 3175244268 2017-01-09 1 AMANDA MEKO CPA P01062615 3172412999 2015 2017-02-10 21:41:12Z daniel j riley 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 28015518 0 X WWW.INDIANAPOLISMET.ORG; www.theexcelcenter.org X 2004 IN TO PROVIDE EDUCATIONAL OPPORTUNITIES through one or more charter schools. See Schedule O. 8 8 375 0 1480147 -39910 24702121 26402228 636393 1495817 0 0 37448 117473 25375962 28015518 95010 68675 0 0 16185813 17695110 0 0 0 8085747 8451183 24366570 26214968 1009392 1800550 10838109 11898397 2329422 1589160 8508687 10309237 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. 0 0 17852953 68675 1495817 See Schedule O. 17852953 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 79 0 1 375 1 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X DANIEL J RILEY 3175244203 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 C PERRY GRIFFITH JR CHAIR 1.00 X X 0 0 0 Gina DelSanto PhD VICE-chair 1.00 X X 0 0 0 DORIS L PRYOR Secretary 1.00 X X 0 0 0 CLAUDIA CUMMINGS Director 1.00 X 0 0 0 jeffrey a harrison director 1.00 X 0 0 0 Richard Horn Director 1.00 X 0 0 0 DON PALMER Director 1.00 X 0 0 0 ROSE MAYS DIRECTOR 1.00 X 0 0 0 Gwen A Fountain Honorary Director 1.00 X 0 0 0 FRED C TUCKER III Honorary director 1.00 X 0 0 0 bETSY DELGADO VICE PRESIDENT 1.00 40.00 X X 0 156839 33142 JAMES M MCCLELLAND CEO/Executive Advisor 1.00 40.00 X 0 362981 28171 kent kramer President & coE - GICI 1.00 40.00 X 0 341037 42756 DANIEL J RILEY TREASURER 1.00 40.00 X 0 221628 18042 scott bess President - GEI 40.00 X 227604 0 18854 jeffrey lozer Senior Director, INIschool 40.00 X 135891 0 28638 patrick fassnacht Regional Director, The Exc 40.00 X 111188 0 31901 janet rummel Chief Academic Officer 40.00 X 125211 0 28279 599894 1082485 229783 4 0 1 0 moser consulting inc 6220 castleway West Dr Indianapolis IN 46250 it consulting service 206740 1 60156 25784553 557519 15335 26402228 INIS service fees 561000 1473947 1473947 student fees 611110 13089 13089 SERVICE FEE INCOME 561000 8781 8781 1495817 MISCELLANEOUS REVENUE 900099 117473 111273 6200 117473 28015518 133143 1480147 0 68675 68675 285365 285365 13100778 8253127 4847651 839462 526851 312611 2486219 1535562 950657 983286 606943 376343 986763 986763 35068 35068 46260 46260 569564 560963 8601 119602 119602 279063 279063 153782 153782 2904870 2904870 145844 145844 20610 20610 1599338 1599338 59241 59241 security services 327801 327801 TRANSPORTATION 292820 292820 software licenses 276153 276153 FOOD SERVICES 192006 192006 442398 442398 26214968 17852953 8362015 0 6283071 8380791 972486 431309 6863 345900 376161 10119947 7409811 3229789 2710136 10838109 11898397 919561 783362 463621 310310 946240 495488 2329422 1589160 X 8470538 10032014 38149 277223 8508687 10309237 10838109 11898397 1800550 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 680 0 0 680 0 1978177 1147647 830530 6363491 4748437 1615054 1778279 1513727 264552 2710136 other liabilities 495488 495488 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 GOODWILL EDUCATION INITIATIVES, INC. COMPLIES WITH ALL PUBLIC NOTICE STATUTES AND APPLICABLE DESEGREGATION ORDERS. Schedule E, Part I, Line 4 scholarships and other financial assistance - GOODWILL INDUSTRIES foundation OF CENTRAL INDIANA, INC. fundraises FOR GOODWILL EDUCATION INITIATIVES, INC. the school does not GIVE SCHOLARSHIPS OR FINANCIAL AID. THE school receives PUBLIC FUNDING FOR STUDENTS TO ATTEND. Schedule E, Part I, Line 6 the organization receives fees from governmental sources to provide school meals for qualifying students. the organization also receives grants from the government to fund school programs designed to provide additional services for students in need of remediation, special education and tutoring. 1 College Scholarships for GEI high school graduates 21 68675 X X X X X X 0 0 0 0 0 0 0 0 0 bETSY DELGADO VICE PRESIDENT 0 133110 0 23025 0 704 0 11978 0 21164 0 189981 0 0 JAMES M MCCLELLAND CEO/Executive Advisor 0 245913 0 75000 0 42068 0 19479 0 8692 0 391152 0 0 kent kramer President & coE - GICI 0 309041 0 30627 0 1369 0 22356 0 20400 0 383793 0 0 DANIEL J RILEY TREASURER 0 191319 0 28612 0 1697 0 16410 0 1632 0 239670 0 0 scott bess President - GEI 201861 0 24000 0 1743 0 16414 0 2440 0 246458 0 0 0 jeffrey lozer Senior Director, INIschool 135891 0 0 0 0 0 8362 0 20276 0 164529 0 0 0 janet rummel Chief Academic Officer 125211 0 0 0 0 0 0 0 28279 0 153490 0 0 0 form 990, part iii, line 4a: Goodwill Education Initiatives (GEI) provides educational opportunities designed to enable young people and adults to enhance their success in life and work. Goodwill Industries of Central Indiana, Inc. (Goodwill), 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. GEI contracts with Goodwill for certain business support services, including human resources, information technology, facilities, and marketing. The Excel Centers operated under eight charters in eleven locations in Central Indiana in fiscal year 2015-2016. THE MET COMPLETED ITS 12TH YEAR OF OPERATION ON JUNE 30, 2016 AND ITS 2015-2016 SCHOOL YEAR ENROLLMENT WAS APPROXIMATELY 260 STUDENTS. DEMOGRAPHICS OF THE MET'S STUDENT POPULATION INCLUDE: 88% MINORITIES, 87% QUALIFY FOR FREE OR REDUCED LUNCH, AND 20% HAVE SPECIAL NEEDS. MOST STUDENTS ARRIVING AT THE MET HAVE NOT BEEN SUCCESSFUL IN MORE TRADITIONAL EDUCATION SETTINGS AND ARE OFTEN SEVERAL GRADE LEVELS BELOW THE NORM IN READING, MATH, AND SCIENCE. WITH THIS IN MIND, THE SCHOOL'S GOALS ARE FOCUSED PRIMARILY ON GRADUATION AND POST-SECONDARY ENROLLMENT. OFTEN, STUDENTS ARE NOT SUCCESSFUL PASSING STANDARDIZED TESTS EARLY IN THEIR HIGH SCHOOL EXPERIENCE, BUT SHOW IMPROVEMENT EACH YEAR. SINCE INCEPTION, OVER 591 STUDENTS HAVE GRADUATED FROM THE MET, AND 42% 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 WITH 306 ADULT STUDENTS AND COMPLETED ITS sixth YEAR OF OPERATIONS ON JUNE 30, 2016. DUE TO THE HIGH DEMAND FOR ITS SERVICES, THE EXCEL CENTER EXPANDED TO eleven LOCATIONS THROUGHOUT CENTRAL INDIANA AND STUDENT ENROLLMENT HAS GROWN TO OVER 3,000 STUDENTS. SINCE INCEPTION OVER 2,000 STUDENTS HAVE GRADUATED from the Excel Center. DEMOGRAPHICS OF THE EXCEL CENTER STUDENTS CLOSELY MIRROR THOSE OF THE MET. EXCEL CENTER STUDENTS RANGE IN AGE FROM 17 TO OVER 60, WITH THE AVERAGE AGE BEING 25 AND THE MEDIAN AGE BEING 22. ALL 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. Form 990, Part VI, Section B, line 11 The Board of Directors reviews a final draft of the Form 990 prior to filing and has the opportunity to provide commentary and questions to management. Form 990, Part VI, Section B, line 12c BOARD MEMBERS ARE REQUIRED TO SUBMIT AN UPDATED CONFLICT OF INTEREST FORM ANNUALLY. Form 990, Part VI, Section B, line 15 THE BOARD OF DIRECTORS OF GOODWILL INDUSTRIES OF CENTRAL INDIANA, INC. ("GOODWILL") HAS A COMPENSATION COMMITTEE WITH RESPONSIBILITY TO ESTABLISH THE COMPENSATION AND BENEFITS OF THE PRESIDENT & CHIEF EXECUTIVE OFFICER ("PRESIDENT") OF GOODWILL, AND TO PROVIDE OVERSIGHT ON THE COMPENSATION AND BENEFIT ACTIONS TAKEN BY THE PRESIDENT WITH RESPECT TO HIS/HER DIRECT REPORTS AND/OR KEY EMPLOYEES. THE ROLE OF THE COMPENSATION COMMITTEE AND PRESIDENT, AS DELEGATED TO IT BY THE BOARD OF DIRECTORS, IS TO ENSURE THAT THE COMPENSATION ARRANGEMENTS OF GOODWILL ARE STRUCTURED SO THAT COMPENSATION PAYMENTS TO EXECUTIVES ARE AT ALL TIMES REASONABLE FOR AN ORGANIZATION SUBJECT TO THE REQUIREMENTS AND CONSTRAINTS OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). IN ORDER TO MAINTAIN ITS INDEPENDENCE AND OBJECTIVENESS, MEMBERSHIP ON THE COMPENSATION COMMITTEE IS LIMITED TO DIRECTORS WHO ARE NOT EMPLOYEES OR RELATED TO EMPLOYEES OF GOODWILL OR ANY AFFILIATED ORGANIZATIONS. NO MEMBER MAY BE AN EMPLOYEE OF GOODWILL, SUBJECT TO THE DIRECTION OR CONTROL OF ANY EMPLOYEE OF GOODWILL, NOR RECEIVE COMPENSATION OR OTHER PAYMENTS SUBJECT TO THE APPROVAL OF ANY EMPLOYEE OF GOODWILL. FINALLY, NO MEMBER MAY HAVE ANY MATERIAL FINANCIAL INTEREST THAT WOULD BE AFFECTED BY THE COMPENSATION ARRANGEMENT FOR ANY EXECUTIVE OF GOODWILL. THE COMPENSATION COMMITTEE AND PRESIDENT UTILIZE EXPERT OUTSIDE CONSULTANTS, INDEPENDENT LEGAL ADVICE, NATIONAL COMPENSATION SURVEYS, AND COMPENSATION DATA FOR COMPARABLE ORGANIZATIONS. EACH YEAR CURRENT COMPARABLE COMPENSATION DATA IS CONSIDERED IN SETTING COMPENSATION AND IN EVALUATING PROSPECTIVELY ANY INCENTIVE OR CONTINGENT COMPENSATION PLAN AND ENSURING THAT NO AMOUNT IS PAID PURSUANT TO ANY INCENTIVE PLAN THAT, WHEN AGGREGATED WITH BASE SALARY AND BONUS, EXCEEDS REASONABLE COMPENSATION. GOODWILL'S EXECUTIVE MANAGEMENT TEAM PROVIDES STRATEGIC DIRECTION FOR AND DAY-TO-DAY MANAGEMENT OF THE OPERATION OF GOODWILL AND ITS RELATED ENTITIES, GW COMMERCIAL SERVICES, INC., GOODWILL EDUCATION INITIATIVES, INC., AND GOODWILL INDUSTRIES FOUNDATION OF CENTRAL INDIANA, INC. WITH ONE EXCEPTION, THE EXECUTIVE MANAGEMENT TEAM IS COMPENSATED ONLY BY GOODWILL INDUSTRIES OF CENTRAL INDIANA, INC., AND TAKES NO COMPENSATION OR OTHER FINANCIAL BENEFIT FROM ANY OTHER RELATED ENTITY. THE CHIEF OPERATING OFFICER OF GOODWILL EDUCATION INITIATIVES, INC. IS COMPENSATED SOLEY BY GEI. GOODWILL'S MANAGEMENT TEAM ENCOURAGES INTERESTED READERS TO READ THE FORM 990 TAX RETURNS OF ALL FOUR ENTITIES IN ORDER TO OBTAIN COMPLETE INFORMATION ABOUT THE EXEMPT ACTIVITIES, OPERATIONS AND INTERRELATIONSHIPS OF THE COLLECTIVE CENTRAL INDIANA GOODWILL ORGANIZATIONS. Form 990, Part VI, Section C, line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE CORPORATE HEADQUARTERS UPON REQUEST. form 990, part xii, line 2c: THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AUDITED ANNUALLY AS PART OF THE CONSOLIDATED FINANCIAL STATEMENT AUDIT OF GOODWILL INDUSTRIES OF CENTRAL INDIANA, INC. THE FINANCE AND AUDIT COMMITTEE OF GOODWILL INDUSTRIES OF CENTRAL INDIANA, INC. MEETS WITH AUDITORS DURING THE ANNUAL AUDIT PLANNING STAGE TO REVIEW THE AUDIT PLAN AND ANY AUDIT CONCERNS. THE FINANCE AND AUDIT COMMITTEE THEN MEETS WITH AUDITORS AFTER THE ANNUAL AUDIT TO APPROVE THE FINANCIAL STATEMENTS DRAFT. ONCE THE DRAFT IS APPROVED, THE FINAL AUDIT IS DISTRIBUTED TO ALL BOARD MEMBERS FOR FINAL APPROVAL. THIS PROCESS HAS NOT CHANGED IN THE PAST YEAR. Audits in accordance with OMB Circular A-133 are performed at the organizer level, as applicable. GOODWILL INDUSTRIES OF CENTRAL INDIANA INC 1635 W MICHIGAN STREET INDIANAPOLIS IN 46222 350893506 see page 5 of Schedule R. IN 501(C)(3) LINE 7 N/A 0 GW COMMERCIAL SERVICES INC 1635 W MICHIGAN STREET INDIANAPOLIS IN 46222 352082941 PROVIDE REHABILITATION TRAINING AND JOB OPPORTUNITIES IN 501(C)(3) LINE 11A, I GOODWILL INDUSTRIES OF CENTRAL INDIANA 0 GOODWILL INDUSTRIES FOUNDATION OF CENTRAL INDIANA INC 1635 W MICHIGAN STREET INDIANAPOLIS IN 46222 237148440 SUPPORT OF GOODWILL INDUSTRIES IN 501(C)(3) LINE 7 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 schedule R, Part II, Column (b) employment and education services for disabled and disadvantaged youth and adults.