2014-12-23T13:21:13-06:00 2014-06-30 351489521 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990 2013-07-01 200749885 GOODWILL EDUCATION INITIATIVES INC GOOD 3175244268 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 DANIEL J RILEY TREASURER 3175244268 2014-12-18 1 AMANDA MEKO CPA P01062615 3172412999 2013 2015-11-30 17:44:51Z DANIEL J RILEY 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 25521934 0 X WWW.INDIANAPOLISMET.ORG; WWW.THEEXCELCENTER.ORG X 2004 IN TO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH ONE OR MORE CHARTER SCHOOLS. SEE SCHEDULE O. 10 10 309 0 136264 -48443 18526535 25267026 505859 178515 0 0 97602 76393 19129996 25521934 169044 172652 0 0 10336402 14695917 0 0 0 6743534 7535617 17248980 22404186 1881016 3117748 6530428 9651611 2148881 2152316 4381547 7499295 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 19902705 172652 SEE SCHEDULE O. 19902705 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 84 0 1 309 1 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X DANIEL J RILEY 3175244203 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 FRED C TUCKER III DIRECTOR 1.00 X 0 0 0 JEFFREY A HARRISON DIRECTOR 1.00 X 0 0 0 JAMES M MCCLELLAND PRESIDENT OF GOODWILL INDU 1.00 40.00 X X 0 442063 31569 C PERRY GRIFFITH JR CHAIR 1.00 X X 0 0 0 DON PALMER DIRECTOR 1.00 X 0 0 0 CLAUDIA CUMMINGS DIRECTOR 1.00 X 0 0 0 DORIS PRYOR DIRECTOR 1.00 X 0 0 0 GINA DELSANTO PHD VICE-CHAIR 1.00 X X 0 0 0 MICHAEL O'CONNOR SECRETARY 1.00 X X 0 0 0 GWEN A FOUNTAIN HONORARY DIRECTOR 1.00 X 0 0 0 DANIEL J RILEY TREASURER 1.00 40.00 X 0 200341 14998 SCOTT BESS VICE PRESIDENT 40.00 X 170895 0 18550 SCHAUNA FINDLAY CHIEF ACADEMIC OFFICER 40.00 X 116522 0 28642 ROBERT MOSES SCHOOL DIRECTOR 40.00 X 108856 0 28211 396273 642404 121970 3 0 1 0 BD MANAGED SERVICES LLC 1 VIRGINIA AVE SUITE 302 INDIANAPOLIS IN 46204 TECHNOLOGY SERVICES 139681 PRIME WAY INSTITUTE LLC 3266 N MERIDIAN ST SUITE 502 INDIANAPOLIS IN 46208 CNA TRAINING 103989 2 255609 24673790 337627 25267026 INIS SERVICE FEES 561000 151265 15001 136264 STUDENT FEES 611110 27250 27250 178515 MISCELLANEOUS REVENUE 900099 76393 76393 76393 25521934 118644 136264 0 172652 172652 11277566 10682731 594835 625758 582203 43555 1961227 1774910 186317 831366 787251 44115 637960 637960 30074 30074 81668 81668 787997 787997 429459 429459 407389 407389 2226341 2226341 121936 121936 42733 42733 1694438 1694438 46109 46109 SECURITY SERVICES 300277 300277 TRANSPORTATION 288173 288173 OTHER EXPENSES 171820 171820 TUTORS AND SUBSTITUTES 107152 107152 162091 162091 22404186 19902705 2501481 0 2686150 4724557 1425660 370928 13283 97952 152921 8520127 4130205 2320666 4389922 6530428 9651611 1215469 1214010 425000 610347 508412 327959 2148881 2152316 X 4209656 7414797 171891 84498 4381547 7499295 6530428 9651611 3117748 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8520127 4130205 4389922 4389922 ACCOUNTS PAYABLE TO RELATED PARTY 327959 327959 X PART X, LINE 2: GOODWILL AND ITS SUBSIDIARIES ARE INDIANA NON-PROFIT CORPORATIONS, EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. HOWEVER, IF INCOME WAS GENERATED FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO GOODWILL'S TAX-EXEMPT PURPOSES, SUCH INCOME WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. GOODWILL AND ITS SUBSIDIARIES ARE NOT CONSIDERED PRIVATE FOUNDATIONS AS DEFINED IN SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING STANDARDS FOR INCOME TAXES PROVIDE DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. GOODWILL REGULARLY EVALUATES ITS ACTIVITIES TO DETERMINE THAT THEY ARE IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSE. CURRENTLY, GOODWILL'S MANAGEMENT DOES NOT BELIEVE IT IS ENGAGED IN ANY ACTIVITIES THAT WOULD GENERATE UNRELATED BUSINESS INCOME OR CREATE AN UNCERTAIN TAX POSITION. GOODWILL IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR YEARS BEFORE 2010. 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 172652 X X X X X X 0 0 0 0 0 0 0 0 0 JAMES M MCCLELLAND PRESIDENT OF GOODWILL INDU 0 352986 0 75500 0 13577 0 19344 0 12225 0 473632 0 0 DANIEL J RILEY TREASURER 0 171885 0 27135 0 1321 0 13548 0 1450 0 215339 0 0 SCOTT BESS VICE PRESIDENT 148437 0 21301 0 1157 0 1831 0 16719 0 189445 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 SIX CHARTERS IN NINE LOCATIONS IN CENTRAL INDIANA IN FISCAL YEAR 2013-2014. THE MET COMPLETED ITS 10TH YEAR OF OPERATION ON JUNE 30, 2014 AND ITS 2013-2014 SCHOOL YEAR ENROLLMENT WAS APPROXIMATELY 275 STUDENTS. DEMOGRAPHICS OF THE MET'S STUDENT POPULATION INCLUDE: 89% MINORITIES, 90% QUALIFY FOR FREE OR REDUCED LUNCH, AND 22% 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 500 STUDENTS HAVE GRADUATED FROM THE MET, AND 65% 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 FOURTH YEAR OF OPERATIONS ON JUNE 30, 2014. DUE TO THE HIGH DEMAND FOR ITS SERVICES, THE EXCEL CENTER EXPANDED TO NINE LOCATIONS THROUGHOUT CENTRAL INDIANA AND STUDENT ENROLLMENT HAS GROWN TO OVER 2,800 STUDENTS. SINCE INCEPTION OVER 700 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 27 AND THE MEDIAN AGE BEING 23. 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 CHARTER LEVEL. 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.