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Filing year 2023

GOODWILL EDUCATION INITIATIVES INC

Indianapolis, Indiana·EIN 20-0749885·NTEE B240 · Education·501(c)(3)
Total revenue
$41.2M
Total assets
$38.8M
Total expenses
$35.5M
Reported officers
18
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Indiana.

VP Mission Initiatives
Board Vice President
Median to 75th percentilevs Education peers nationwide
$200k
$221k
Base
$160k
Bonus
$21k
Other
Benefits
$19k
Director, Corp Impact & Analytics
Highest Compensated Employee
10th to 25th percentile
$130k
$144k
Sr Director National Office
Highest Compensated Employee
10th to 25th percentile
$127k
$140k
Regional Director Gei
Highest Compensated Employee
Below 10th percentile
$121k
$133k
Principal, Indy Met
Highest Compensated Employee
Below 10th percentile
$121k
$133k
CEO of Gcsi
10th to 25th percentile
$39k
$43k
Vice President
10th to 25th percentilevs Education peers nationwide
$31k
$34k
Treasurer-non Voting Partial Yr
10th to 25th percentile
$20k
$22k
Treasurer-non Voting
Below 10th percentile
$5k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GOODWILL EDUCATION INITIATIVES INC equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.6%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 10%
from 2022

From $182k in 2022 to $200k in 2023.

$182k
2022
$200k
2023
In today's dollarsEst.
Up 6% in real terms$209k to $221k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 29% from 2022 to 2023, while revenue rose 19%.

$182k in 2022 to $130k in 2023.
  • Chief Executive Officer pay rose 5% from 2022 to 2023.
  • Vice President pay fell 32% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GOODWILL EDUCATION INITIATIVES INC

What does the Board Vice President of GOODWILL EDUCATION INITIATIVES INC earn?

In 2023, the Board Vice President of GOODWILL EDUCATION INITIATIVES INC received $200,373 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among Education organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at GOODWILL EDUCATION INITIATIVES INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Vice President at GOODWILL EDUCATION INITIATIVES INC falls between the median and the 75th percentile. In 2023, the highest total compensation at GOODWILL EDUCATION INITIATIVES INC equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

What are GOODWILL EDUCATION INITIATIVES INC's revenue and expenses?

In 2023, GOODWILL EDUCATION INITIATIVES INC reported $41.2M in total revenue and $35.5M in total expenses on its IRS Form 990.

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