GOODWILL EDUCATION INITIATIVES INC

INDIANAPOLIS, IN, 46222 (317) 524-4313 Est. 2004 EIN 20-0749885
B240 - Education 990 - Public charity return 501(c)(3)
www.indianapolismet.org; www.theexcelcenter.org

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.

Financials

Total Revenue
$44,251,243
Total Expenses
$43,953,761
Net Assets
$30,591,725
514 employees 25 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
8.4 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 7.5%
Expenses ↑ 23.9%
Revenue Sources
Contributions 97.3% Earned revenue 1.4% Investment 1.0%
Expense Breakdown
Program 84.0% Management 16.0%

Officers & Key Employees (17)

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Grants Received (31)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$44,251,243 ↑$43,953,761$30,591,725
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$41,172,822 ↑$35,489,391$29,967,298
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$34,483,175 ↓$34,206,998$23,970,382
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$35,840,790 ↓$34,010,054$23,558,383
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$37,660,175 ↑$32,424,330$22,486,086
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$35,463,634 ↑$32,357,870$17,298,553
2018 990 - Public charity return
Jul 1, 2018 to Jun 30, 2019
$32,224,458 ↑$31,553,723$14,130,815
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$29,491,347 $28,241,177$13,466,137

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EIN: 20-0749885 · Source: IRS Form 990 e-file data