Goodwill Education Initiatives Inc.
990 • Fiscal year 2013 • EIN 20-0749885
Scores are not available for this record yet.
Assets
Flat$6,530,428
Flat from 2013
Net Assets
Flat$4,381,547
Flat from 2013
Liabilities
Flat$2,148,881
Flat from 2013
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$17,248,980
Flat from 2013
Net Income
-
No earlier filing loaded for comparison.
- Filing Period
- Jul 1, 2012 to Jun 30, 2013
- Signed
- Nov 11, 2013
- Return Version
- 2012v2.1
- Gross Receipts
- $19,129,996
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.
Filer
- EIN
- 20-0749885
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| IRS990/ActivityOrMissionDescription | 0 | TO PROVIDE EDUCATIONAL OPPORTUNITIES THROUGH ONE OR MORE CHARTER SCHOOLS. SEE SCHEDULE O. |
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| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | 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 2009. |
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| IRS990ScheduleE/ComplianceWithRevProc7550 | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPolicies | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthleticProg | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPolicies | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmnFaculty | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActy | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceScholarships | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStudentsRights | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFclts | 0 | 0 |
| IRS990ScheduleE/Form990ScheduleEPartII/Explanation | 0 | GOODWILL EDUCATION INITIATIVES, INC. COMPLIES WITH ALL PUBLIC NOTICE STATUTES AND APPLICABLE DESEGREGATION ORDERS. |
| IRS990ScheduleE/Form990ScheduleEPartII/Explanation | 1 | 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. |
| IRS990ScheduleE/Form990ScheduleEPartII/Explanation | 2 | 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. |
| IRS990ScheduleE/Form990ScheduleEPartII/Identifier | 0 | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION |
| IRS990ScheduleE/Form990ScheduleEPartII/Identifier | 1 | EXPLANATION OF DOCUMENT RETENTION |
| IRS990ScheduleE/Form990ScheduleEPartII/Identifier | 2 | EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE |
| IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference | 1 | SCHEDULE E, PART I, LINE 4 |
| IRS990ScheduleE/Form990ScheduleEPartII/ReturnReference | 2 | SCHEDULE E, PART I, LINE 6 |
| IRS990ScheduleE/GovernmentFinancialAidReceived | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRevoked | 0 | 0 |
| IRS990ScheduleE/MaintCopiesOfAllSolicitations | 0 | 1 |
| IRS990ScheduleE/MaintCopiesOfBrochuresEtc | 0 | 1 |
| IRS990ScheduleE/MaintRacialCompositionRecords | 0 | 1 |
| IRS990ScheduleE/MaintScholarshipsRecords | 0 | 0 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmt | 0 | 1 |
| IRS990ScheduleE/PolicyPublViaBroadcastMedia | 0 | 1 |
| IRS990ScheduleE/PolicyStatementInBrochuresEtc | 0 | 1 |
| IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant | 0 | 169044 |
| IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients | 0 | 45 |
| IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant | 0 | COLLEGE SCHOLARSHIPS |
| IRS990ScheduleI/RecordsMaintained | 0 | 1 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/CompensationCommittee | 0 | X |
| IRS990ScheduleJ/CompensationSurvey | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990OfOtherOrganizations | 0 | X |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 2 | 137052 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 1 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 2 | 19756 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 72913 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $6,530,428
- Liabilities
- $2,148,881
- Net assets
- $4,381,547
- Revenue
- -
- Expenses
- $17,248,980
- Net income
- -