GOODWILL EXCEL CENTER MIDSOUTH INC

EIN: 465234455 501(c)(3) Education

MEMPHIS, TN

Total Revenue
$8,547,839
Total Expenses
$5,775,212
Total Assets
$10,483,215
Net Assets
$6,086,137
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
MICHAEL MARTINI
Phone
9013236221
Tax Period
2024-07-01 to 2025-06-30

GOODWILL EXCEL CENTER MIDSOUTH INC, founded in 2014, is a community nonprofit in the Education sector that reported $8.5M in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 32% operating margin.

Mission

THE MISSION OF THE GOODWILL EXCEL CENTER MID-SOUTH IS TO PROVIDE ADULTS 18 AND OLDER THE OPPORTUNITY AND SUPPORT TO EARN A HIGH SCHOOL DIPLOMA AND BEGIN POST-SECONDARY EDUCATION WHILE DEVELOPING CAREER PATHS IN SECTORS OF THE LOCAL ECONOMY THAT OFFER BETTER-THAN-AVERAGE EMPLOYMENT AND GROWTH OPPORTUNITIES. THE SCHOOL WILL "MEET STUDENTS WHERE THEY ARE" IN THEIR EDUCATION BY PROVIDING A FLEXIBLE STRUCTURE AND SUPPORTIVE RELATIONSHIPS TO HELP THEM MANAGE WORK, LIFE, AND FAMILY CONCERNS AS THEY ACHIEVE THEIR EDUCATIONAL GOALS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,376,129
Program Service Revenue $0
Investment Income $8,058
Other Revenue $163,652
TOTAL REVENUE $8,547,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,819,229
Fundraising Expenses $0
Program Expenses $3,015,970
Other Expenses $2,955,983
TOTAL EXPENSES $5,775,212

Year-over-Year Comparison

2024 2023 Change
Revenue $8,547,839 $4,669,329 +0.8%
Expenses $5,775,212 $4,741,989 +0.2%
Net Income $2,772,627 $-72,660 -39.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
15
Employees
43
Volunteers
60

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
2
$457,515
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MACKY SNEED INTERIM SECRETARY 2.00
Officer Director
$0 $0 $0
AUSTIN BAKER DIRECTOR 2.00
Director
$0 $0 $0
CHARLES GERBER DIRECTOR 2.00
Director
$0 $0 $0
DR MARY C MCDONALD DIRECTOR 2.00
Director
$0 $0 $0
NICK SCULLY DIRECTOR 2.00
Director
$0 $0 $0
BRIAN WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL ROBILIO DIRECTOR 2.00
Director
$0 $0 $0
DR PATRICK WASHINGTON DIRECTOR 2.00
Director
$0 $0 $0
BRANDON TOLBERT DIRECTOR 2.00
Director
$0 $0 $0
TERRI LANDWEHR DIRECTOR 2.00
Director
$0 $0 $0
AMY WEIRICH DIRECTOR 2.00
Director
$0 $0 $0
ANDY MCCLELLAND DIRECTOR 2.00
Director
$0 $0 $0
CHARLES BARNES DIRECTOR 2.00
Director
$0 $0 $0
MELANIE MYERS-BLAND DIRECTOR 2.00
Director
$0 $0 $0
TONY MARTINI CEO AND DIRECTOR 4.00
Officer
$0 $15,383 $457,515
CHARLES MOLINSKI VP CORP & COMM ENGAGEMENT 40.00
Highest
$105,616 $0 $105,616
RONALD SCHUYLER SENIOR VP 40.00
Highest
$189,413 $0 $189,413
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 $8,547,839 $5,775,212 $10,483,215 $2,772,627
2024 $4,669,329 $4,741,989 $7,704,306 $-72,660
2023 $4,676,773 $4,223,076 $7,750,930 $453,697
2023 $4,676,773 $4,233,127 $7,752,551 $443,646
2022 $4,298,045 $4,009,963 $6,356,485 $288,082
2021 $4,061,277 $3,148,826 $2,868,739 $912,451
2020 $3,677,798 $3,460,666 $1,960,078 $217,132
2019 $3,303,558 $2,489,000 $1,744,741 $814,558
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