2011-11-03T14:36:07-05:00 2011-06-30 GREENWALT CPAS INC 5342 W VERMONT STREET INDIANAPOLIS IN 46224 990 2010-07-01 200749885 GOODWILL EDUCATION INITIATIVES INC GOOD 3175244268 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 DANIEL J RILEY 3175244268 2011-11-02 1 AMANDA MEKO CPA 3172412999 2010 2016-03-07 17:11:31Z DANIEL J RILEY 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 7459628 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 94 25 0 0 4057442 7041341 259416 395523 0 0 5430 22764 4322288 7459628 0 0 0 0 3010221 4594585 0 0 0 1323406 2086884 4333627 6681469 -11339 778159 1962233 3792003 1362085 2413696 600148 1378307 X 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. 1 0 5793711 395523 SEE SCHEDULE O. 5793711 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 29 0 1 94 1 0 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 DANIEL J RILEY 3175244203 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 GWEN A FOUNTAIN PHD 1.00 X 0 0 0 FRED C TUCKER III 1.00 X 0 0 0 JEFFREY A HARRISON 1.00 X 0 0 0 C PERRY GRIFFITH JR 1.00 X X 0 0 0 DERRICK BURKS 1.00 X 0 0 0 BRUCE M JACOBSON 1.00 X 0 0 0 HOLLY HILL BROOKS 1.00 X X 0 0 0 JUAN GONZALEZ 1.00 X 0 0 0 GINA DELSANTO PHD 1.00 X X 0 0 0 MICHAEL O'CONNOR 1.00 X 0 0 0 JAMES M MCCLELLAND 40.00 X 0 320595 39553 DANIEL J RILEY 40.00 X 0 168018 32081 SCOTT BESS 40.00 X 58208 77345 26787 58208 565958 98421 0 0 1 0 0 171253 6587399 282689 7041341 GOV'T CONTRACTS/FEES 611710 314842 314842 STUDENT FEES 611710 80681 80681 395523 MISCELLANEOUS REVENUE 900099 22764 22764 22764 7459628 395523 0 22764 3389753 2881638 508115 220595 211465 9130 693634 626845 66789 290603 252738 37865 810 810 68235 68235 301523 241949 59574 22153 22153 58118 58118 114111 88526 25585 290482 290482 85433 83921 1512 44308 44308 274273 274273 18926 18926 EDUCATIONAL SERVICES 237726 228628 9098 0 FOOD SERVICES 177274 177274 0 0 TRANSPORTATION 154778 154778 STUDENT SERVICES 148955 148955 0 0 STAFF DEVELOPMENT 36675 36675 0 0 53104 51256 1848 6681469 5793711 887758 0 87300 234817 1427242 2958119 24648 16733 1915354 1333020 423043 582334 1962233 3792003 156733 139066 899247 2058714 306105 215916 1362085 2413696 X 600148 1378307 600148 1378307 1962233 3792003 778159 0 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1915354 1333020 582334 582334 ACCOUNTS PAYABLE TO RELATED PARTY 47179 ACCRUED INTEREST 68737 LOAN FROM RELATED PARTY 100000 215916 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2007. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 GOODWILL EDUCATION INITIATIVES, INC. COMPLIES WITH ALL PUBLIC NOTICE STATUTES AND APPLICABLE DESEGREGATION ORDERS. EXPLANATION OF DOCUMENT RETENTION 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. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JAMES M MCCLELLAND 0 310746 0 0 0 9849 0 25364 0 14189 0 360148 0 0 DANIEL J RILEY 0 144880 0 0 0 23138 0 12119 0 19962 0 200099 0 0 SCOTT BESS 58190 77345 0 0 18 0 0 7220 10402 9165 68610 93730 0 0 PART I, LINE 1A JAMES MCCLELLAND, PRESIDENT AND CEO OF GICI, RECEIVED CERTAIN TAXABLE GROSS-UP PAYMENTS TO COMPENSATE HIM FOR FICA LIMITS AND RETIREMENT PLAN CONTRIBUTIONS. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 GOODWILL EDUCATION INITIATIVES, INC. OPENED THE FIRST LOCATION OF THE EXCEL CENTER IN AUGUST 2010. THE EXCEL CENTER IS A PUBLIC CHARTER HIGH SCHOOL THAT SERVES STUDENTS RANGING IN AGE FROM 18 TO OVER 50 THAT HAVE VARYING DEGREES OF ACADEMIC CREDITS AND CAPABILITIES WHEN THEY ENROLL. STUDENTS ATTEND THE EXCEL CENTER TO ATTAIN THEIR HIGH SCHOOL DIPLOMA. 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. 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. 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. 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 CHARITABLE ENTITY 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 CENTER, AN INDIANA PUBLIC CHARTER HIGH SCHOOL SERVING ADULTS WHO PREVIOUSLY DROPPED OUT OF HIGH SCHOOL AND WHO WISH TO OBTAIN THEIR HIGH SCHOOL DIPLOMA. THE MET AND THE EXCEL CENTER OCCUPY SPACE IN GOODWILL'S INDIANAPOLIS HEADQUARTERS BUILDING AND CONTRACT WITH GOODWILL FOR CERTAIN BUSINESS SUPPORT SERVICES, INCLUDING ACCOUNTING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, FACILITIES, AND MARKETING. THE MET COMPLETED ITS 7TH YEAR OF OPERATION ON JUNE 30, 2011 AND ITS 2010-2011 SCHOOL YEAR ENROLLMENT WAS APPROXIMATELY 430 STUDENTS. DEMOGRAPHICS OF THE MET'S STUDENT POPULATION INCLUDE: 74% AFRICAN AMERICAN, 18% CAUCASIAN, 5% HISPANIC, 3% BI-RACIAL; 82% ELIGIBLE FOR FREE OR REDUCED PRICE LUNCH; 28% IDENTIFIED AS SPECIAL NEEDS STUDENTS. 92% LIVE IN MARION COUNTY, 8% LIVE IN SURROUNDING COUNTIES. 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. AS SOPHOMORES, ONLY 21% OF THE CLASS OF 2011 PASSED THE GRADUATION QUALIFYING EXAM. BY THE END OF THEIR SENIOR YEAR, 82% HAD PASSED BOTH REQUIRED PORTIONS. THROUGH THE 2010-2011 SCHOOL YEAR, OVER 250 STUDENTS HAD GRADUATED FROM THE MET, AND 67% OF THOSE GRADUATES ARE STILL ENROLLED IN OR HAVE ALREADY COMPLETED A POST-SECONDARY PROGRAM. THE EXCEL CENTER OPENED ITS FIRST LOCATION IN AUGUST 2010 WITH 306 ADULT STUDENTS. DEMOGRAPHICS OF THE EXCEL CENTER STUDENTS CLOSELY MIRROR THOSE OF THE MET. EXCEL CENTER STUDENTS RANGE IN AGE FROM 18 TO OVER 50 AND 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. THE EXCEL CENTER COMPLETED ITS FIRST YEAR OF OPERATIONS ON JUNE 30, 2011. DURING THE FIRST YEAR OF OPERATIONS, 6 STUDENTS ATTAINED THEIR DIPLOMAS AND MORE THAN 200 ATTAINED HIGH SCHOOL CREDITS. DEMAND FOR THE EXCEL CENTER GREATLY EXCEEDS THE CAPACITY OF ITS CURRENT LOCATION, SO GEI PLANS TO OPEN ADDITIONAL FACILITIES IN FALL 2011. 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 1 1 1 0 0 0 0 PRIMARY ACTIVITY OF GOODWILL INDUSTRIES OF CENTRAL INDIANA, INC.: SCHEDULE R, PART II, COLUMN (B) EMPLOYMENT AND EDUCATION SERVICES FOR DISABLED AND DISADVANTAGED YOUTH AND ADULTS.