Ohio Connections Academy Inc
- Assets
- $14.5m
- Revenue
- $44.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Mason, OH
- Founding
- 10/2006
- Data as of
- 06/2022
- EIN
- 16-1677822
Organization Overview
Ohio Connections Academy Inc is located in Mason, OH. The organization was established in 2006. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Connections Academy 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 06/2022, Ohio Connections Academy Inc generated $44.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $44.2m during the year ending 06/2022. While expenses have increased by 8.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL PROVIDING EDUCATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OHIO CONNECTIONS ACADEMY HAS OVER 3,750 STUDENTS ENROLLED. THE ACADEMY PROVIDES A NEW FORM OF FREE PUBLIC SCHOOL THAT STUDENTS ATTEND FROM HOME. OCA LEVERAGES TECHNOLOGY ON BEHALF OF STUDENTS WHO REQUIRE A MORE PERSONALIZED APPROACH TO EDUCATION TO MAXIMIZE THEIR POTENTIAL AND TO MEET THEIR HIGHEST LEVEL OF PERFORMANCE STANDARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Eugene Schuster Board President | Trustee | 2 | $0 |
Tom Wolf Board Member/treasurer | Trustee | 1 | $0 |
Jim Olive Board Member | Trustee | 1 | $0 |
Bonnie Smith Board Secretary | Trustee | 1 | $0 |
Raychelle Staron Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Connections Education Instructional And Educational Services | 6/29/22 | $43,900,368 |
Ohio Council Community Schools School Sponsor | 6/29/22 | $517,641 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,580,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,580,487 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $44,580,487 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,846,322 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,212,726 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,924 |
| Fees for services: Accounting | $36,851 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,712,998 |
| Advertising and promotion | $6,061 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $210,565 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,752 |
| All other expenses | $0 |
| Total functional expenses | $44,182,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,648,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,686,526 |
| Accounts receivable, net | $63,081 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,494 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,127,513 |
| Total assets | $14,548,496 |
| Accounts payable and accrued expenses | $4,719,534 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $24,051,280 |
| Total liabilities | $28,770,814 |
| Net assets without donor restrictions | -$14,222,318 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,548,496 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ohio Connections Academy Inc has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Ohio Council Of Community Schools Toledo, OH PURPOSE: PERFORMANCE, INNOVATION AND IMPROVEMENT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lawschool Admissions Council Inc Newtown, PA | $258,854,616 | $78,237,863 |
Project Lead The Way Inc Indianapolis, IN | $104,347,608 | $65,462,690 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Summit Academy Management Akron, OH | $25,217,091 | $45,520,259 |
Ohio Connections Academy Inc Mason, OH | $14,548,496 | $44,580,487 |
Lighthouse Academies Of Northwest Indiana Inc Gary, IN | $25,011,234 | $24,142,982 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |