GOODWILL EDUCATION INITIATIVES INC

GOODWILL EDUCATION INITIATIVES INC

INDIANAPOLIS, IN, US
501(c)(3)
EIN
20-0749885
School

GOODWILL EDUCATION INITIATIVES INC

INDIANAPOLIS, IN, US
501(c)(3)
EIN
20-0749885
School

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$41,172,822

Government Grants
92%
Other
4%
Program Services
2%
Contributions
2%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$35,489,391

Salaries & Benefits
69%
Offices, Occupancy & IT
13%
Fees to Service Providers
7%
Other
6%
Depreciation
4%
Advertising & Promotion
2%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$396,958
$685,459
+73%
Government Grants
$33,025,777
$37,686,341
+14%
Fundraising Events
$0
$0
-
Program Services
$471,106
$719,199
+53%
Membership Dues
$0
$0
-
Investments
$159,999
$640,583
+300%
Other
$429,335
$1,441,240
+236%
Total Revenues
$34,483,175
$41,172,822
+19%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,249,948
$24,411,233
+5%
Fees to Service Providers
$2,513,673
$2,474,005
-2%
Advertising & Promotion
$495,964
$613,508
+24%
Offices, Occupancy & IT
$4,175,161
$4,597,076
+10%
Interest
$0
$0
-
Depreciation
$1,782,654
$1,295,609
-27%
Other
$1,989,598
$2,097,960
+5%
Total Expenses
$34,206,998
$35,489,391
+4%
Net income
2023
2024
Change
Net income
+$276,177
+$5,683,431
+1958%
Functional Expenses
Summary
2023
2024
Change
Program
$28,805,185
$28,881,364
+0%
Admin
$5,401,813
$6,608,027
+22%
Fundraising
$0
$0
-
Total Expenses
$34,206,998
$35,489,391
+4%
Income Statement
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