The Goodwill Excel Center Public Charter School
Nonprofit profile at a glance
- EIN
- 474283739
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Washington, DC, USA
- Phone
- 2026364225
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $12,866,657
- Expenses
- $12,212,200
- Assets
- $21,350,194
- Liabilities
- $10,660,939
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CATHERINE A MELOY PRESIDENT (& CEO (SEE SCH O PAGE 34))
People named in this filing
- GLEN S HOWARD (CHAIR)
- APRIL YOUNG (TREASURER)
- SCOTT BESS (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the goodwill excel center public charter school (gec) is to transform lives through the attainment of a high school diploma and industry certifications leading to sustainable, living wage careers.
What it reported doing in 2024
The goodwill excel center (gec) provides adult learners in Washington, dc, with an opportunity to earn a high school diploma. Gec is the first of its kind in the district where students earn their high school diploma and career credentials in addition to the opportunity to earn college credit. Gec fills the gap between traditional high school programs and ged adult education programs. Gec builds on a proven model that was founded in Indiana and serves students across the country in over ten states nationally. Gec seeks to provide training and academic support to students who have not yet earned their high school diploma.gec opened in 2016 and in sy 2024-2025 served 438 students. At the end of sy 2025, gec had 724 graduates to date. In addition to core academic programming, gec offers coaching to support students during their journey and builds strong relationships with students to truly provide a holistic approach. Gec also operates a fully licensed child development center in the school, which is operated by the ymca and provides students who have children six weeks old to 3 years old the opportunity to enroll their child too. Gec enrolls students multiple times a year through its 5, 8-week terms.
Operating model
- Revenue model
- Grant-funded. 100% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 94
- Accountability: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.7%; rating input score 88
- Program expense ratio: 92.4%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 70%; rating input score 70; 12th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5.1%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 15.1% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 12.2% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 19.4% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 87.7% of revenue deployed · 92.4% of spending went to programs
- Governance: 7 of 10 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $11.3M in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Highest-paid contractors: 5 contractors listed · $2.3M reported
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Operating margin scored 54/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.