Odyssey School Inc
- Assets
- $26.5m
- Revenue
- $7.1m
- Investments
- $3.1m
- Employees
- 82
- Location
- Lutherville, MD
- Founding
- 09/1994
- Data as of
- 06/2022
- EIN
- 52-1870341
Organization Overview
Odyssey School Inc is located in Lutherville, MD. The organization was established in 1994. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2022, Odyssey School Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odyssey School 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, Odyssey School Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 1.9% 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
TO PROVIDE EDUCATION TO DYSLEXIC CHILDREN IN GRADES K THROUGH EIGHT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL OPERATIONS AND INSTRUCTIONAL COSTS OF SCHOOL FOR DYSLEXIC CHILDREN IN GRADES K THROUGH 8. ODYSSEY SCHOOL HELPS STUDENTS BUILD SELF-ESTEEM AND CONFIDENCE IN SPITE OF A LEARNING DIFFERENCE, EMPOWERING THEM TO UNDERSTAND THEIR SPECIAL MINDS AND TO FIND AND USE THEIR STRENGTHS TO A GREATER ADVANTAGE. TEACHING SELF-ADVOCACY IS A PART OF THE DAILY PROGRAM. THE SCHOOL PROVIDES EARLY INTERVENTION THAT PROMOTES SUCCESS THROUGH ITS COMPREHENSIVE PROGRAM THAT INCLUDES RESEARCH DRIVEN TEACHING APPROACHES THAT ARE REINFORCED IN DAILY TUTORING SESSIONS.
SUMMER CAMP AND AFTER-SCHOOL-CARE: SUMMER CAMP IS FIVE WEEKS LONG RUNNING FROM LATE JUNE THROUGH JULY. THE MORNING PROGRAM FOCUSES ON ACADEMICS WHILE THE AFTERNOON PROGRAM CONSISTS OF RECREATIONAL ACTIVITES OUTSOURCED TO COPPERMINE. THE MORNING ACADEMIC SESSION COVERS A NUMBER OF DISCIPLINES AND INCLUDES A 1:1 TUTORING RATIO SIMILAR TO THE NORMAL SCHOOL-YEAR PROGRAM.THE AFTER-SCHOOL-CARE PROGRAM IS AVAILABLE TO ALL STUDENTS BEGINING AT THE END OF THE SCHOOL DAY AT 3:10 P.M. AND ENDING AT 5:45 P.M. VARIOUS ACTIVITIES DURING THAT TIME PERIOD INCLUDE HOMEWORK COMPLETION, ARTS AND CRAFTS, SNACK TIME, AND RECREATION TIME OUTSIDE ON THE FIELDS AND/OR INSIDE THE GYMNASIUM.
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 |
|---|---|---|---|
Martha H Sweeney Head Of School | OfficerTrustee | 40 | $206,010 |
Suzanne R Riedel Chair | Trustee | 1 | $0 |
Matthew W Hudson Treasurer | Trustee | 1 | $0 |
William I Intner Secretary | Trustee | 1 | $0 |
R Lockwood Curtis Trustee | Trustee | 1 | $0 |
Andrew Dripps Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,150 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $930,181 |
| Noncash contributions included in lines 1a–1f | $114,621 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $931,331 |
| Total Program Service Revenue | $5,710,668 |
| Investment income | $423,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,616 |
| 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 | -$312 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,136,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $707,863 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $244,015 |
| Compensation of current officers, directors, key employees. | $244,015 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,463,230 |
| Pension plan accruals and contributions | $126,205 |
| Other employee benefits | $369,358 |
| Payroll taxes | $270,286 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,815 |
| Fees for services: Other | $20,575 |
| Advertising and promotion | $29,280 |
| Office expenses | $89,300 |
| Information technology | $70,308 |
| Royalties | $0 |
| Occupancy | $58,001 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,565 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $369,981 |
| Insurance | $102,373 |
| All other expenses | $200,374 |
| Total functional expenses | $6,812,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $4,311,842 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,393 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,613 |
| Prepaid expenses and deferred charges | $32,335 |
| Net Land, buildings, and equipment | $10,037,839 |
| Investments—publicly traded securities | $8,855,622 |
| Investments—other securities | $3,136,652 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,000 |
| Total assets | $26,469,396 |
| Accounts payable and accrued expenses | $513,931 |
| Grants payable | $0 |
| Deferred revenue | $818,097 |
| 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 | $0 |
| Total liabilities | $1,332,028 |
| Net assets without donor restrictions | $18,893,975 |
| Net assets with donor restrictions | $6,243,393 |
| 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 | $26,469,396 |