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Indiana · Nonprofit

GOODWILL EDUCATION INITIATIVES INC

GOODWILL EDUCATION INITIATIVES INC (Indiana) receives grants from 12 organizations whose IRS filings report $31,986,000 to it, the largest being LILLY ENDOWMENT INC ($26,098,000). 6 of them have funded it in more than one year.

Revenue FY2025
$44M
Funders on record
12
Grants received
$32M
Net assets
$31M
6/12 repeat funderspeak grant-dependency 7%
01What it does

What Goodwill Education Initiatives Inc does

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.

As stated on its FY2025 Form 990.

Program

  1. 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…

    $36,921,360 spent$757,650 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $36,921,360.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($27M) Expenses 100 ($25M) Net assets 100 ($12M)2018 Revenue 110 ($29M) Expenses 113 ($28M) Net assets 110 ($13M)2019 Revenue 120 ($32M) Expenses 126 ($32M) Net assets 116 ($14M)2020 Revenue 132 ($35M) Expenses 130 ($32M) Net assets 142 ($17M)2021 Revenue 140 ($38M) Expenses 130 ($32M) Net assets 184 ($22M)2022 Revenue 133 ($36M) Expenses 136 ($34M) Net assets 193 ($24M)2023 Revenue 128 ($34M) Expenses 137 ($34M) Net assets 196 ($24M)2024 Revenue 153 ($41M) Expenses 142 ($35M) Net assets 245 ($30M)2025 Revenue 165 ($44M) Expenses 176 ($44M) Net assets 250 ($31M)
'17'18'19'20'21'22'23'24'25
Revenue (165)Expenses (176)Net assets (250)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $32M to $39M (+22%).

$14M
$15M
$16M
$19M
$25M
$25M
$32M
$39M
$45M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 95% · 2018 94% · 2019 95% · 2020 94% · 2021 94% · 2022 94% · 2023 96% · 2024 92% · 2025 85%. Grants only. Government contracts and fees sit inside program revenue.

97% of GOODWILL EDUCATION INITIATIVES INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.9M
’17
$1.3M
’18
$671k
’19
$3.1M
’20
$5.2M
’21
$1.8M
’22
$276k
’23
$5.7M
’24
$297k
’25
3.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kent Kramer

CEO - goodwill legacy group

Board chair

Gita Baker

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191618171919191817
Joined·+3+4+1+5+2+2+4+3
No longer listed·62232254
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $0 → $2.5M.

1 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $4.9M from one payer (the payer shares this organization's board, largest Goodwill Legacy Group Foundation Inc). These are real filings, and they are not money GOODWILL EDUCATION INITIATIVES INC raised.

From the IRS filings of GOODWILL EDUCATION INITIATIVES INC’s funders (the co-funder graph). Top 10 of 12 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GOODWILL EDUCATION INITIATIVES INC leans on a few funders — its largest provides 82% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

82%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 87% · 2022 97% · 2023 80% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of GOODWILL EDUCATION INITIATIVES INC's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

83% of GOODWILL EDUCATION INITIATIVES INC's grant income comes from Indiana funders.

IN
OH
CO
MD
DE
NC
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GOODWILL EDUCATION INITIATIVES INC is better cushioned than half of the 3,758 education nonprofits its size.

Operating margin1% · below the median
Months of reserve3.4mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like GOODWILL EDUCATION INITIATIVES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 7 related entities

  • Excel Centers LLC · disregarded
  • Indianapolis Metropolitan High School LLC · disregarded
  • Goodwill Legacy Group · exempt
  • Gw Commercial Services Inc · exempt
  • Goodwill Foundation of Central and Southern Indiana Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GOODWILL EDUCATION INITIATIVES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GOODWILL EDUCATION INITIATIVES INC?
GOODWILL EDUCATION INITIATIVES INC (Indiana) receives grants from 12 organizations whose IRS filings report $31,986,000 to it, the largest being LILLY ENDOWMENT INC ($26,098,000). 6 of them have funded it in more than one year.
How many funders does GOODWILL EDUCATION INITIATIVES INC have?
IRS filings report 12 organizations giving $31,986,000 in grants to GOODWILL EDUCATION INITIATIVES INC, 6 of which have funded it in more than one year.
Who is the largest funder of GOODWILL EDUCATION INITIATIVES INC?
LILLY ENDOWMENT INC is the largest funder on record, with $26,098,000 in grants. The full list of funders is on this page.
How can an organization like GOODWILL EDUCATION INITIATIVES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Goodwill Education Initiatives →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing