GOODWILL FOUNDATION OF CENTRAL AND SOUTHERN INDIANA INC

EIN: 237148440 501(c)(3) Employment

INDIANAPOLIS, IN

Total Revenue
$3,810,028
Total Expenses
$4,107,692
Total Assets
$73,022,513
Net Assets
$70,259,869
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
IN
Principal Officer
MATTHEW FORTNEY
Phone
3175244313
Tax Period
2024-01-01 to 2024-06-30

GOODWILL FOUNDATION OF CENTRAL AND SOUTHERN INDIANA INC, founded in 1971, is a community nonprofit in the Employment sector that reported $3.8M in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Net assets of $70.3M represent 221 months of operating reserves.

Mission

THE ORGANIZATION'S PURPOSE IS TO SOLICIT FINANCIAL SUPPORT FROM THE GENERAL PUBLIC AND TO DISBURSE SUCH FUNDS TO SUPPORT GOODWILL OF CENTRAL AND SOUTHERN INDIANA, INC. (GOODWILL) AND GOODWILL EDUCATION INITIATIVES, INC. (GEI), TO HELP ESTABLISH NEW PROGRAMS OR SERVICES FOR DISABLED AND DISADVANTAGED INDIVIDUALS IN CENTRAL AND SOUTHERN INDIANA, FURTHER GOODWILL'S EDUCATIONAL EFFORTS, PROVIDE COLLEGE SCHOLARSHIPS TO QUALIFYING GRADUATES OF GEI'S CHARTER SCHOOLS AND ATTRACT PROMISING COLLEGE STUDENTS TO CAREERS IN HUMAN SERVICES BY PROVIDING SCHOLARSHIPS AND INTERNSHIPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,387,040
Program Service Revenue $0
Investment Income $1,422,988
Other Revenue $0
TOTAL REVENUE $3,810,028

Expense Breakdown

Grants Paid $3,318,219
Salaries & Benefits $294,322
Fundraising Expenses $268,875
Program Expenses $3,414,633
Other Expenses $495,151
TOTAL EXPENSES $4,107,692

Year-over-Year Comparison

2024 2023 Change
Revenue $3,810,028 $9,171,270 -0.6%
Expenses $4,107,692 $8,055,693 -0.5%
Net Income $-297,664 $1,115,577 -1.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
40
Independent Members
40
Employees
N/A
Volunteers
40

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
42
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN GLASER CHAIR 1.00
Officer Director
$0 $0 $0
LILY SMITH VICE-CHAIR 1.00
Officer Director
$0 $0 $0
SONIA CHEN ARNOLD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BEAN DIRECTOR 1.00
Director
$0 $0 $0
TAG BIRGE DIRECTOR 1.00
Director
$0 $0 $0
CRAIG CALDWELL DIRECTOR 1.00
Director
$0 $0 $0
MATT B CARTER DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA CASTANEDA DIRECTOR 1.00
Director
$0 $0 $0
CHRIS COCKERHAM DIRECTOR 1.00
Director
$0 $0 $0
KEITH FALLER DIRECTOR 1.00
Director
$0 $0 $0
GWEN A FOUNTAIN PHD DIRECTOR 1.00
Director
$0 $0 $0
DAWN GRIFFIN DIRECTOR 1.00
Director
$0 $0 $0
C PERRY GRIFFITH III DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HERZOG DIRECTOR 1.00
Director
$0 $0 $0
SANDY HEGE DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH HILBRICH DIRECTOR 1.00
Director
$0 $0 $0
JOHN F HIRSCHMAN DIRECTOR 1.00
Director
$0 $0 $0
WENDY HORN DIRECTOR 1.00
Director
$0 $0 $0
MATT HOWARD DIRECTOR 1.00
Director
$0 $0 $0
KELLEY JACOBSEN DIRECTOR 1.00
Director
$0 $0 $0
WENDY LARMAN DIRECTOR 1.00
Director
$0 $0 $0
VIVIAN LIECHTY DIRECTOR 1.00
Director
$0 $0 $0
JULIE MANNING MAGID DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ROB MARTINSON DIRECTOR 1.00
Director
$0 $0 $0
GREG MAURER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW MORRIS DIRECTOR 1.00
Director
$0 $0 $0
ANDREA NEELY DIRECTOR 1.00
Director
$0 $0 $0
DEWAND NEELY DIRECTOR 1.00
Director
$0 $0 $0
SHIV O'NEILL DIRECTOR 1.00
Director
$0 $0 $0
ABBY PRESLEY DIRECTOR 1.00
Director
$0 $0 $0
STEVEN C ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
MEGAN SAVAGE DIRECTOR 1.00
Director
$0 $0 $0
ANNE SHANE DIRECTOR 1.00
Director
$0 $0 $0
JASON SPILBELER DIRECTOR 1.00
Director
$0 $0 $0
TONY SNIDER DIRECTOR 1.00
Director
$0 $0 $0
ERIC STOLBERG DIRECTOR 1.00
Director
$0 $0 $0
W MICHAEL WELLS DIRECTOR 1.00
Director
$0 $0 $0
DREW WHITE DIRECTOR 1.00
Director
$0 $0 $0
WILL ZINK DIRECTOR 1.00
Director
$0 $0 $0
THOMAS A KING DIRECTOR PARTIAL YEAR 1.00
Director
$0 $0 $0
FRED C TUCKER III DIRECTOR PARTIAL YEAR 1.00
Director
$0 $0 $0
KENT KRAMER PRESIDENT & CEO 1.00
Officer
$0 $0 $0
MATTHEW FORTNEY SECRETARY & TREASURER 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,810,028 $4,107,692 $73,022,513 $-297,664
2023 $9,171,270 $8,055,693 $71,563,114 $1,115,577
2022 $6,632,454 $7,375,429 $66,408,208 $-742,975
2021 $27,825,910 $3,665,414 $74,792,516 $24,160,496
2020 $3,702,046 $4,279,710 $47,521,506 $-577,664
2019 $3,535,868 $2,939,075 $43,699,185 $596,793
2018 $6,791,705 $2,389,913 $38,642,299 $4,401,792
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GOODWILL FOUNDATION OF CENTRAL AND SOUTHERN INDIANA INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.