Goodwill Excel Center Midsouth Inc

Organization Overview

Goodwill Excel Center Midsouth Inc is located in Memphis, TN. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Goodwill Excel Center Midsouth Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Excel Center Midsouth Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Goodwill Excel Center Midsouth Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $4.2m during the year ending 06/2023. While expenses have increased by 11.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EXCEL CENTER WORKS WITH ADULTS 18 AND OLDER WHO WANT TO EARN A HIGH SCHOOL DIPLOMA. TRADITIONAL BARRIERS TO ACHIEVING A DIPLOMA INCLUDE: 1) CHILD CARE, 2) TRANSPORTATION AND RESOURCES TO ACCESS TRANSPORTATION AND 3) ECONOMIC, SOCIAL OR FAMILY ISSUES. THE EXCEL CENTER MODEL PROVIDES STUDENTS WITH UP TO 4 HOURS OF FREE CHILD CARE, BUS PASSES AND A LIFE COACH.


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Board, Officers & Key Employees

Name (title)Compensation
Billy W Tedford Jr
Chairman
$0
Macky Sneed
Interim Secretary
$0
Austin Baker
Director
$0
Charles Gerber
Director
$0
Dr Mary C Mcdonald
Director
$0
Nick Scully
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,196,644
All other contributions, gifts, grants, and similar amounts not included above$464,213
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,660,857
Total Program Service Revenue$0
Investment income $75
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,676,773

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