Civic Intelligence

Creative Education Inc DBA Odyssey Day School

990 • Fiscal year 2017 • EIN 04-3270782

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 07, 2017

Refreshing map…

2 Audubon RoadWakefield, MA 01880

(781) 245-6050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.57x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

0.15x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

54th percentile

4.4%

Higher net margin than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$79,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

21st percentile

-4.2%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

8.0%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$361,412

Down $16,011 (-4.2%) from 2016

Net Assets

Up

$156,421

Up $59,257 (+61%) from 2016

Liabilities

Down

$204,991

Down $75,268 (-27%) from 2016

Revenue

Up

$1,354,926

Up $100,556 (+8.0%) from 2016

Expenses

Up

$1,295,669

Up $88,356 (+7.3%) from 2016

Net Income

Up

$59,257

Up $12,200 (+26%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $282,262Liabilities 2011: $219,768Net Assets 2011: $62,4942011Assets 2012: $319,391Liabilities 2012: $235,901Net Assets 2012: $83,4902012Assets 2013: $307,985Liabilities 2013: $225,572Net Assets 2013: $82,4132013Assets 2014: $307,375Liabilities 2014: $198,994Net Assets 2014: $108,3812014Assets 2015: $305,166Liabilities 2015: $255,059Net Assets 2015: $50,1072015Assets 2016: $377,423Liabilities 2016: $280,259Net Assets 2016: $97,1642016Assets 2017: $361,412Liabilities 2017: $204,991Net Assets 2017: $156,4212017Assets 2018: $350,429Liabilities 2018: $178,294Net Assets 2018: $172,1352018Assets 2019: $394,324Liabilities 2019: $183,839Net Assets 2019: $210,4852019Assets 2020: $540,105Liabilities 2020: $342,924Net Assets 2020: $197,1812020Assets 2021: $1,149,663Liabilities 2021: $559,018Net Assets 2021: $590,6452021Assets 2022: $1,479,517Liabilities 2022: $244,840Net Assets 2022: $1,234,6772022Assets 2023: $2,015,246Liabilities 2023: $543,465Net Assets 2023: $1,471,7812023Assets 2024: $2,412,801Liabilities 2024: $748,906Net Assets 2024: $1,663,8952024Assets 2025: $2,402,490Liabilities 2025: $646,348Net Assets 2025: $1,756,1422025

Highlighted filing

2017

Assets$361,412
Liabilities$204,991
Net Assets$156,421

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,203,111Expenses 2011: $1,118,145Net Income 2011: $84,9662011Expenses 2012: $1,140,4542012Revenue 2013: $1,378,021Expenses 2013: $1,379,098Net Income 2013: -$1,0772013Revenue 2014: $1,531,330Expenses 2014: $1,505,362Net Income 2014: $25,9682014Revenue 2015: $1,153,266Expenses 2015: $1,211,540Net Income 2015: -$58,2742015Revenue 2016: $1,254,370Expenses 2016: $1,207,313Net Income 2016: $47,0572016Revenue 2017: $1,354,926Expenses 2017: $1,295,669Net Income 2017: $59,2572017Revenue 2018: $1,523,989Expenses 2018: $1,508,275Net Income 2018: $15,7142018Revenue 2019: $1,687,386Expenses 2019: $1,649,036Net Income 2019: $38,3502019Revenue 2020: $1,641,495Expenses 2020: $1,654,799Net Income 2020: -$13,3042020Revenue 2021: $2,144,723Expenses 2021: $1,751,259Net Income 2021: $393,4642021Revenue 2022: $2,660,278Expenses 2022: $2,016,246Net Income 2022: $644,0322022Revenue 2023: $2,231,967Expenses 2023: $1,994,863Net Income 2023: $237,1042023Revenue 2024: $2,120,090Expenses 2024: $1,927,976Net Income 2024: $192,1142024Revenue 2025: $2,284,704Expenses 2025: $2,192,457Net Income 2025: $92,2472025

Highlighted filing

2017

Revenue$1,354,926
Expenses$1,295,669
Net Income$59,257
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$1,354,926
Mission and Program Overview

Mission

At Odyssey Day School, we nurture our students' natural curiosity and enthusiasm and help develop critical thinking skills that serve them for the rest of their lives. Our vibrant community engages the whole child and fosters social, emotional, academic, and physical development. We know that when children feel accepted, connected, and loved, they gain the confidence to take intellectual risks and become empathetic and imaginative thinkers. Odyssey Day School is a safe and nurturing community which is responsive to the needs of families and promotes accessibility to families at all income levels. Students, teachers, and parents work together to support an inclusive and multitalented population of individual learners who are celebrated for who they are.

At odyssey day school, we nuture our students' natural curiosity and enthusiasm and help develop critical thinking skills that serve them for the rest of their lives. Our vibrant community engages the whole child and fosters social, emotional, academic, and physical developmnent. We know that when children feel accepted, connected, and loved, they gain the confidence to take intellectual risks and become empathetic and imaginative thinkers. Odyssey day school is a safe and nurturing community which is responsive to the needs of families and promotes accessibility to families at all income levels. Students, teachers, and parents work together to support an inclusive and multitalented population of individual learners who are celebrated for who they are.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$171,502$162,019▼ $9,483
Land, Buildings, and Equipment, Net$132,672$134,124▲ $1,452
Accounts Receivable$39,275$31,019▼ $8,256
Savings and Temporary Cash Investments$16,299$16,374▲ $75
Prepaid Expenses and Deferred Charges$2,675$2,876▲ $201
Total Assets$377,423$361,412▼ $16,011
Other Assets Total$15,000$15,000→ $0
Liabilities
Deferred Revenue$103,757$105,670▲ $1,913
Accounts Payable and Accrued Expenses$85,384$88,221▲ $2,837
Mortgage Notes Payable Secured by Investment Property$80,918--
Other Liabilities$10,200$11,100▲ $900
Total Liabilities$280,259$204,991▼ $75,268
Net Assets / Fund Balance
Unrestricted Net Assets$97,164$156,421▲ $59,257
Total Net Assets Fund Balance$97,164$156,421▲ $59,257
Total Liabilities and Net Assets / Fund Balance$377,423$361,412▼ $16,011

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$121,516$38,200$159,716
Other Land Buildings$11,468$32,617$44,085
Equipment$1,140$16,441$17,581
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margaret DouglasEx-officioFT$79,000$79,000
Kimberly SovieEx-officioFT$77,147$77,147

Board Members and Trustees

NameTitle
Mary Beth CunnanePresident
Emily McnaughtonDirector
Lisa PollerDirector
Nancy SheehanDirector
Paul DuboisDirector
Dawn SwainSecretary
Beth WhiteTreasurer
Andy OlechVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$47,355
Program Service Revenue
$1,290,270
Investment Income
$76
Other Revenue
$17,225
All Other Contributions
$46,315
Change in Net Assets
$59,257

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,354,926
Total Revenue per Audited Statements
$1,354,926
Total Revenue per Form 990
$1,354,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$942,930
Other Expenses$290,222
Grants and Similar Amounts Paid$62,517
Total Fundraising Expense$6,637
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$648,511$199,922$3,382$851,815
Occupancy$102,386$5,220-$107,606
Payroll Taxes$53,942$16,629$281$70,852
Grants to Domestic Individuals$62,517--$62,517
All Other Expenses$17,762$18,769$2,894$39,425
Other Employee Benefits$15,427$4,756$80$20,263
Depreciation Depletion$17,192--$17,192
Other Expenses$16,844--$16,844
Fees for Services Legal-$9,492-$9,492
Fees for Services Accounting-$7,300-$7,300
Insurance-$7,203-$7,203
Advertising-$4,625-$4,625
Office Expenses-$2,473-$2,473
Interest-$1,502-$1,502
Total Functional Expenses$1,011,141$277,891$6,637$1,295,669

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,296,669
Expenses per Audited Statements$1,295,669
Total Expenses per Form 990$1,295,669
Expenses Not Reported on Form 990$1,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kenneth SovieFamily MemberCompensationNo$11,965
Kenneth J SovieFamily MemberCompensationNo$6,947
Kenneth J SovieFamily MemberPainting & OtherNo$5,294
Madeline SovieFamily MemberCompensationNo$285
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Deposits$11,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The school's form 990 is prepared and reviewed by an independent accounting firm. The form is then presented to the management for review. The final draft of the form 990 is then presented to the audit committee. The board of directors assigned the responsibility to the audit committee to review and recommend action to the board regarding the filing of the form 990. Once the audit committee approves the form 990, it then goes to the board of directors for final review.

Form 990, Page 6, Part VI, Line 12C

All directors, officers and managment are covered under the school's conflict of interest policy. Conflicts are required to be disclosed to the board of directors or committee authorized by the board to review and approve the contract or transaction. On or before the first meeting of the board of directors each calendar year, each director and officer shall provide to the board of directors a disclosure statement of all interested transactions with the school involving the director or officer, in such form as the board of directors may from time to time specify.

Form 990, Page 6, Part VI, Line 15A

Compensation for the school's head of school is reviewed annually by the board of directors. In determinining the head of school's compensation, consideration is given to compensation paid to similar positions in schools of comparable size and demographics, along with the financial health of odyssey day school.

Form 990, Page 6, Part VI, Line 19

The school will consider furnishing financial statements, policy and governing documents to the public upon request.

Filing and Contact Details

Filer

Filer Name
Creative Education Inc
EIN
04-3270782
Phone
7812456050
Address
2 AUDUBON ROAD, WAKEFIELD, MA 01880

Signing Officer

Name
Mary Beth Cunnane
Title
President
Phone
7812456050
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Beth Cunnane
Formed
1995
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
54
Volunteers
25

Preparer

Firm
Gj Burns CPA LLC
Address
10 ELM ST, DANVERS, MA 01923-2811
Preparer
Gregg J Burns CPA
Phone
9787771181
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

At odyssey day school, we nuture our students' natural curiosity and enthusiasm and help develop critical thinking skills that serve them for the rest of their lives. Our vibrant community engages the whole child and fosters social, emotional, academic, and physical developmnent. We know that when children feel accepted, connected, and loved, they gain the confidence to take intellectual risks and become empathetic and imaginative thinkers. Odyssey day school is a safe and nurturing community which is responsive to the needs of families and promotes accessibility to families at all income levels. Students, teachers, and parents work together to support an inclusive and multitalented population of individual learners who are celebrated for who they are.

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book/tax depreciation difference 1,000

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IRS990/MissionDesc0AT ODYSSEY DAY SCHOOL, WE NUTURE OUR STUDENTS' NATURAL CURIOSITY AND ENTHUSIASM AND HELP DEVELOP CRITICAL THINKING SKILLS THAT SERVE THEM FOR THE REST OF THEIR LIVES. OUR VIBRANT COMMUNITY ENGAGES THE WHOLE CHILD AND FOSTERS SOCIAL, EMOTIONAL, ACADEMIC, AND PHYSICAL DEVELOPMNENT. WE KNOW THAT WHEN CHILDREN FEEL ACCEPTED, CONNECTED, AND LOVED, THEY GAIN THE CONFIDENCE TO TAKE INTELLECTUAL RISKS AND BECOME EMPATHETIC AND IMAGINATIVE THINKERS. ODYSSEY DAY SCHOOL IS A SAFE AND NURTURING COMMUNITY WHICH IS RESPONSIVE TO THE NEEDS OF FAMILIES AND PROMOTES ACCESSIBILITY TO FAMILIES AT ALL INCOME LEVELS. STUDENTS, TEACHERS, AND PARENTS WORK TOGETHER TO SUPPORT AN INCLUSIVE AND MULTITALENTED POPULATION OF INDIVIDUAL LEARNERS WHO ARE CELEBRATED FOR WHO THEY ARE.
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IRS990/OccupancyGrp/ProgramServicesAmt0102386
IRS990/OccupancyGrp/TotalAmt0107606
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IRS990/OfficeExpensesGrp/TotalAmt02473
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt015000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt080
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04756
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015427
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020263
IRS990/OtherExpensesGrp/Desc0P/G - MAINTENANCE, PLAYGR
IRS990/OtherExpensesGrp/Desc1P/G - SUPPLIES
IRS990/OtherExpensesGrp/Desc2FIELD TRIPS & SPECIAL EVE
IRS990/OtherExpensesGrp/Desc3UTILITIES, PROG SERVICES
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IRS990/OtherExpensesGrp/ProgramServicesAmt125126
IRS990/OtherExpensesGrp/ProgramServicesAmt223656
IRS990/OtherExpensesGrp/ProgramServicesAmt316844
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IRS990/OtherExpensesGrp/TotalAmt125126
IRS990/OtherExpensesGrp/TotalAmt223656
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IRS990/OtherLiabilitiesGrp/BOYAmt010200
IRS990/OtherLiabilitiesGrp/EOYAmt011100
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0199922
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016629
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02675
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IRS990/PrincipalOfficerNm0MARY BETH CUNNANE
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IRS990/PYSalariesCompEmpBnftPaidAmt0814912
IRS990/PYTotalExpensesAmt01207313
IRS990/PYTotalRevenueAmt01254370
IRS990/ReconcilationRevenueExpnssAmt059257
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt016299
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt01140
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016441
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017581
IRS990ScheduleD/ExpensesNotReportedAmt01000
IRS990ScheduleD/ExpensesSubtotalAmt01295669
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0121516
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt038200
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0159716
IRS990ScheduleD/OtherExpensesIncludedAmt01000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011468
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032617
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0STUDENT DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01354926
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK/TAX DEPRECIATION DIFFERENCE 1,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0134124
IRS990ScheduleD/TotalExpensesPerForm990Amt01295669
IRS990ScheduleD/TotalLiabilityAmt011100
IRS990ScheduleD/TotalRevenuePerForm990Amt01354926
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01354926
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01296669
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH NEWSPAPER ADVERTISEMENTS AS APPROPRIATE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt062517
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0KENNETH SOVIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1MADELINE SOVIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2KENNETH J SOVIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3KENNETH J SOVIE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2FAMILY MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3FAMILY MEMBER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1285
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt26947
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt35294
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1COMPENSATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2COMPENSATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3PAINTING & OTHER
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AT ODYSSEY DAY SCHOOL, WE NUTURE OUR STUDENTS' NATURAL CURIOSITY AND ENTHUSIASM AND HELP DEVELOP CRITICAL THINKING SKILLS THAT SERVE THEM FOR THE REST OF THEIR LIVES. OUR VIBRANT COMMUNITY ENGAGES THE WHOLE CHILD AND FOSTERS SOCIAL, EMOTIONAL, ACADEMIC, AND PHYSICAL DEVELOPMNENT. WE KNOW THAT WHEN CHILDREN FEEL ACCEPTED, CONNECTED, AND LOVED, THEY GAIN THE CONFIDENCE TO TAKE INTELLECTUAL RISKS AND BECOME EMPATHETIC AND IMAGINATIVE THINKERS. ODYSSEY DAY SCHOOL IS A SAFE AND NURTURING COMMUNITY WHICH IS RESPONSIVE TO THE NEEDS OF FAMILIES AND PROMOTES ACCESSIBILITY TO FAMILIES AT ALL INCOME LEVELS. STUDENTS, TEACHERS, AND PARENTS WORK TOGETHER TO SUPPORT AN INCLUSIVE AND MULTITALENTED POPULATION OF INDIVIDUAL LEARNERS WHO ARE CELEBRATED FOR WHO THEY ARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL'S FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM IS THEN PRESENTED TO THE MANAGEMENT FOR REVIEW. THE FINAL DRAFT OF THE FORM 990 IS THEN PRESENTED TO THE AUDIT COMMITTEE. THE BOARD OF DIRECTORS ASSIGNED THE RESPONSIBILITY TO THE AUDIT COMMITTEE TO REVIEW AND RECOMMEND ACTION TO THE BOARD REGARDING THE FILING OF THE FORM 990. ONCE THE AUDIT COMMITTEE APPROVES THE FORM 990, IT THEN GOES TO THE BOARD OF DIRECTORS FOR FINAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DIRECTORS, OFFICERS AND MANAGMENT ARE COVERED UNDER THE SCHOOL'S CONFLICT OF INTEREST POLICY. CONFLICTS ARE REQUIRED TO BE DISCLOSED TO THE BOARD OF DIRECTORS OR COMMITTEE AUTHORIZED BY THE BOARD TO REVIEW AND APPROVE THE CONTRACT OR TRANSACTION. ON OR BEFORE THE FIRST MEETING OF THE BOARD OF DIRECTORS EACH CALENDAR YEAR, EACH DIRECTOR AND OFFICER SHALL PROVIDE TO THE BOARD OF DIRECTORS A DISCLOSURE STATEMENT OF ALL INTERESTED TRANSACTIONS WITH THE SCHOOL INVOLVING THE DIRECTOR OR OFFICER, IN SUCH FORM AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME SPECIFY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE SCHOOL'S HEAD OF SCHOOL IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IN DETERMININING THE HEAD OF SCHOOL'S COMPENSATION, CONSIDERATION IS GIVEN TO COMPENSATION PAID TO SIMILAR POSITIONS IN SCHOOLS OF COMPARABLE SIZE AND DEMOGRAPHICS, ALONG WITH THE FINANCIAL HEALTH OF ODYSSEY DAY SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL WILL CONSIDER FURNISHING FINANCIAL STATEMENTS, POLICY AND GOVERNING DOCUMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0361412
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IRS990/TotalAssetsGrp/EOYAmt0361412
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01011141
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0280259
IRS990/TotalLiabilitiesEOYAmt0204991
IRS990/TotalLiabilitiesGrp/BOYAmt0280259
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IRS990/TotalProgramServiceExpensesAmt01011141
IRS990/TotalProgramServiceRevenueAmt01290270
IRS990/TotalReportableCompFromOrgAmt0156147
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01307571
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01354926
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0377423
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0361412
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.40$0.65$1.76$2.28$2.19$0.09
2024Detailed filing. Detailed filing data is available for this year.$2.41$0.75$1.66$2.12$1.93$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.02$0.54$1.47$2.23$1.99$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.48$0.24$1.23$2.66$2.02$0.64
2021Detailed filing. Detailed filing data is available for this year.$1.15$0.56$0.59$2.14$1.75$0.39
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.34$0.20$1.64$1.65$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.18$0.21$1.69$1.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.18$0.17$1.52$1.51$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.20$0.16$1.35$1.30$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.38$0.28$0.10$1.25$1.21$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.26$0.05$1.15$1.21$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.20$0.11$1.53$1.51$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.23$0.08$1.38$1.38$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.24$0.08$1.14
2011Summary only. Only limited summary data is available for this year.$0.28$0.22$0.06$1.20$1.12$0.08
Peer Organizations

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