Out-Of-Door Academy Of Sarasota Inc
- Assets
- $70.6m
- Revenue
- $28.0m
- Investments
- $0.0
- Employees
- 280
- Location
- Sarasota, FL
- Founding
- 01/1978
- Data as of
- 06/2022
- EIN
- 59-1731857
Organization Overview
Out-Of-Door Academy Of Sarasota Inc is located in Sarasota, FL. The organization was established in 1978. 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 06/2023, Out-Of-Door Academy Of Sarasota Inc employed 280 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Out-Of-Door Academy Of Sarasota 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, Out-Of-Door Academy Of Sarasota Inc generated $28.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $24.1m during the year ending 06/2022. While expenses have increased by 5.2% 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
OUR MISSION AT THE OUT-OF-DOOR ACADEMY IS TO NURTURE LEARNERS TO BE THEIR BEST SELVES THROUGH IMPACTFUL, PURPOSEFUL, AND CHALLENGING GROWTH EXPERIENCES IN A SUPPORTIVE AND UNIQUE ENVIRONMENT. OUR VISION IS TO PREPARE GROWTH-MINDED INDIVIDUALS WHO THRIVE IN AN EVER-CHANGING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1924, THE OUT-OF-DOOR ACADEMY IS AN INDEPENDENT SCHOOL IN SARASOTA, FLORIDA EDUCATING STUDENTS IN PRE-KINDERGARTEN THROUGH 12TH GRADE. ODA SERVES MORE THAN 840 STUDENTS ACROSS TWO CAMPUSES - LOWER CAMPUS ON SIESTA KEY (GRADES PK - 5TH GRADE) AND THE MIDDLE/UPPER UIHLEIN CAMPUS AT LAKEWOOD RANCH (GRADES 6-12). NEW FOR THE 2024-25 SCHOOL YEAR, A SECOND LOWER SCHOOL CAMPUS ON CLARK ROAD (GRADES PK - 1) WILL OPEN. AN ODA EDUCATION IS DEFINED BY A COMMITMENT TO BUILD CHARACTER AND PREPARE STUDENTS TO THRIVE IN AN EVER-CHANGING WORLD. AT ODA, WE STRIVE TO NURTURE LEARNERS TO BE THEIR BEST SELVES THROUGH IMPACTFUL, CHALLENGING, AND PURPOSEFUL GROWTH EXPERIENCES IN A SUPPORTIVE AND UNIQUE ENVIRONMENT WHERE OUR CORE VALUES OF RESPECT, INTEGRITY, SERVICE, EXCELLENCE, AND RESPONSIBILITY ARE THE FOUNDATION OF OUR SCHOOL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mahler Former Head Of School | 40 | $212,500 | |
Angel Cappar CFO | Officer | 40 | $284,943 |
Jim Connor Former Interim Head Of School | 40 | $238,708 | |
Debra Otey Head Of School | Officer | 40 | $201,541 |
Julie Bianchi Assoc Head Of Sch | 40 | $174,761 | |
Laura Murphy Dir Of Admissions | 40 | $150,602 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brillant Harvest Llc Solar Arrays | 6/29/22 | $772,500 |
City Wide Maintenance Of Tampa Cleaning Services | 6/29/22 | $335,081 |
Flik Independent Schools Food Services | 6/29/22 | $243,094 |
Fisher & Phillips Llp Legal Services | 6/29/22 | $112,053 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $319,378 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,120,652 |
| Noncash contributions included in lines 1a–1f | $2,239,414 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,440,030 |
| Total Program Service Revenue | $20,895,244 |
| Investment income | $548,998 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $94,842 |
| Net Gain/Loss on Asset Sales | $2,547,615 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,952,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,976,514 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,635,951 |
| Compensation of current officers, directors, key employees. | $330,932 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,300,796 |
| Pension plan accruals and contributions | $544,735 |
| Other employee benefits | $1,583,822 |
| Payroll taxes | $774,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,984 |
| Fees for services: Accounting | $42,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $99,955 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,270,604 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $582,398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,952,654 |
| Insurance | $398,229 |
| All other expenses | $160,836 |
| Total functional expenses | $24,069,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,753,345 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,272,865 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,225 |
| Prepaid expenses and deferred charges | $570,787 |
| Net Land, buildings, and equipment | $33,516,448 |
| Investments—publicly traded securities | $28,739,319 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $17,954 |
| Other assets | $665,214 |
| Total assets | $70,559,157 |
| Accounts payable and accrued expenses | $1,851,835 |
| Grants payable | $0 |
| Deferred revenue | $3,725,163 |
| Tax-exempt bond liabilities | $21,830,501 |
| 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 | $224,521 |
| Total liabilities | $27,632,020 |
| Net assets without donor restrictions | $39,295,552 |
| Net assets with donor restrictions | $3,631,585 |
| 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 | $70,559,157 |