Odyssey Charter Schools
- Assets
- $7.8m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 87
- Location
- Altadena, CA
- Founding
- 05/2003
- Data as of
- 06/2022
- EIN
- 95-4753574
Organization Overview
Odyssey Charter Schools is located in Altadena, CA. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2022, Odyssey Charter Schools employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odyssey Charter Schools 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 Charter Schools generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $9.4m during the year ending 06/2022. While expenses have increased by 12.6% 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 DEVELOP STUDENTS WHO ARE ACTIVE IN THEIR LEARNING, AWARE OF THEIR INTERESTS, AND WHO SEEK TO EXPAND AND EXPLORE THEIR KNOWLEDGE THROUGH DYNAMIC COLLABORATION WITH PEERS AND TEACHERS WITHIN AN ACADEMIC SETTING AND THE LARGER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ODYSSEY CHARTER SCHOOL CURRENTLY SERVES APPROXIMATELY 471 STUDENTS IN GRADES K8 AND IS LOCATED AT 725 WEST ALTADENA DRIVE IN ALTADENA, CALIFORNIA. SECOND LACATION KNOWN AS, OCS SOUTH, CURRENTLY SERVES APPROXIMATELY 267 STUDENTS IN GRADES K4 AND IS LOCATED AT 524 PALISADE STREET, PASADENA, CA 91103.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
DE Bohreer Member | Trustee | 2 | $0 |
Joretta Joseph Member | Trustee | 2 | $0 |
Lauriane Quenee Member | Trustee | 2 | $0 |
Marisa Davis Secretary | OfficerTrustee | 2 | $0 |
Patrick Ontiveros Member | Trustee | 2 | $0 |
Rene Alicea Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,430,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $546,727 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,977,082 |
| Total Program Service Revenue | $0 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $202,635 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,179,740 |
| 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. | $375,481 |
| Compensation of current officers, directors, key employees. | $160,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,652,334 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,256,090 |
| Payroll taxes | $758,980 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,711 |
| Fees for services: Accounting | $520,419 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $193,259 |
| Advertising and promotion | $5,111 |
| Office expenses | $11,198 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $262,828 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,965 |
| Interest | $2,706 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $201,959 |
| Insurance | $42,446 |
| All other expenses | $299,831 |
| Total functional expenses | $9,418,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,790,464 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,603,568 |
| 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 | $71,809 |
| Net Land, buildings, and equipment | $1,296,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $7,765,106 |
| Accounts payable and accrued expenses | $1,049,079 |
| 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 | $80,879 |
| Unsecured mortgages and notes payable | $387,679 |
| Other liabilities | $0 |
| Total liabilities | $1,517,637 |
| Net assets without donor restrictions | $6,247,469 |
| 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 | $7,765,106 |