Goodwill Leads Inc

What it reported doing in 2024

Our course progression allows us to 'meet students where they are'. Enrolling students provide a copy of their transcript from the last high school they attended which allows us to determine how many credits a student needs to complete the requirements for the core 40 diploma. Each student also sits for several academic assessments which are used to determine appropriate course placement based upon the student's current knowledge of the discipline. The majority of our courses are face-to-face, in classroom instruction with a licensed teacher with an average class size of less than 15. Some credit recovery courses are available online for students on an as needed basis. The excel center offers a unique accelerated curriculum allowing students to earn required credits more quickly. With eight week terms offered five times per year, students can advance through the program at a steady pace. The excel center has a goal to help remove barriers adult students may face when it comes to attending school. Two significant programs are public transportation assistance and onsite childcare. For those students who qualify financially, we provide free bus passes for the local public bus system, gas cards, or rides utilizing uber for the local public bus system. There is no charge for riders of the east chicago bus line but there is a fee for gary public transit. If bus systems are not an option, we explore other options (listed above) in order to assist getting students to school so that transportation is not a barrier for any student.our drop in center, known as "kids excel" (childcare program), is free to our students whenever they are in our building. Children ages 7 weeks to 7 years old are accepted into the childcare program. We try to take accommodations for school age children when appropriate. However, most of the time, school age children are in their own schools while our classes are in session. The director of kids excel is certified in high scope, a pre-school curriculum developed for children in poverty, and she has implemented it into our program. Working with a local non-profit, we are also sending our south bend kids excel staff to receive their own credentials in high scope. This is furthering our ability to serve our students and their families at high quality level. We also assist our students with seeking childcare voucher applications and help them evaluate childcare options for post-graduation needs. Childcare has had a significant impact on enabling our students to be in the classroom, and has also impacted the growth and development of the children in the program.

Financial Efficiency

• Mission deployment rate: 68.4%; rating input score 68
• Program expense ratio: 76.2%; rating input score 76
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10.3%; rating input score 63; 63rd percentile among comparable filings
• Total-asset coverage ratio: 0.45; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 1.08; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings

Growth

• Program expense growth: 10.1% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 12.1% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings