Ohba Ohio Virtual Academy
- Assets
- $15.3m
- Revenue
- $130.4m
- Investments
- $0.0
- Employees
- 811
- Location
- Maumee, OH
- Founding
- 08/2006
- Data as of
- 06/2022
- EIN
- 27-0010544
Organization Overview
Ohba Ohio Virtual Academy is located in Maumee, OH. The organization was established in 2006. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Ohba Ohio Virtual Academy employed 811 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohba Ohio Virtual Academy 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, Ohba Ohio Virtual Academy generated $130.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $129.3m during the year ending 06/2022. While expenses have increased by 8.4% 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 MISSION OF THE OHIO VIRTUAL ACADEMY IS TO EMPOWER STUDENTS WITH AN INNOVATIVE AND EFFECTIVE EDUCATIONAL PROGRAM THAT HELPS THEM ACHIEVE HIGH STANDARDS AND REACH THEIR FULL ACADEMIC AND SOCIAL POTENTIAL. THE VISION OF THE OHIO VIRTUAL ACADEMY IS TO CREATE A HIGH PERFORMANCE SCHOOL THAT EQUIPS TEACHERS AND PARENTS WITH THE TOOLS OF TOMORROW, THEREBY GIVING OUR STUDENTS ALL THE OPPORTUNITIES THEY NEED TO SUCCEED IN LIFE AND CREATING A NEW MODEL FOR THE TWENTY-FIRST CENTURY PUBLIC SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED STUDENTS IN GRADES K - 12. THERE WERE APPROXIMATELY 14,750 STUDENTS SERVED DURING THE FISCAL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Norton Trustee | Trustee | 0.4 | $0 |
Patricia Humbert Trustee | Trustee | 0.4 | $725 |
Jacob Moeller Treasurer | OfficerTrustee | 0.4 | $750 |
Jennifer Wise Trustee | Trustee | 0.4 | $875 |
Kelly Arndt Trustee | Trustee | 0.4 | $0 |
Adam Davenport Secretary | OfficerTrustee | 0.4 | $875 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
K12 Inc Management & Technology Services, Curric | 6/29/22 | $82,792,265 |
Devon Health Care Group Llc Special Education Service Provider | 6/29/22 | $2,513,224 |
Ohio Council Of Community Schools Charter Sponsor Oversight Services | 6/29/22 | $1,752,274 |
Global-teletherapy Special Education Service Provider | 6/29/22 | $577,074 |
Therapy Connection Special Education Service Provider | 6/29/22 | $399,558 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $130,321,906 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,321,906 |
| 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 | $130,361,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,113,599 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,725 |
| Compensation of current officers, directors, key employees. | $7,725 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,550,391 |
| Pension plan accruals and contributions | $3,685,892 |
| Other employee benefits | $7,510,440 |
| Payroll taxes | $529,347 |
| Fees for services: Management | $14,317,919 |
| Fees for services: Legal | $80,145 |
| Fees for services: Accounting | $18,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,473,265 |
| Advertising and promotion | $0 |
| Office expenses | $294,910 |
| Information technology | $19,350,691 |
| Royalties | $0 |
| Occupancy | $1,083,969 |
| Travel | $334,678 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $484,162 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,777 |
| Insurance | $146,479 |
| All other expenses | $0 |
| Total functional expenses | $129,307,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,520,921 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,139,171 |
| Accounts receivable, net | $340,516 |
| 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 | $506,326 |
| Net Land, buildings, and equipment | $820,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,327,909 |
| Accounts payable and accrued expenses | $14,234,661 |
| Grants payable | $0 |
| Deferred revenue | $151,320 |
| 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 | $41,748,678 |
| Total liabilities | $56,134,659 |
| Net assets without donor restrictions | -$40,806,750 |
| 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 | $15,327,909 |