Civic Intelligence

Odyssey Online Learning

990 • Fiscal year 2014 • EIN 26-3527171

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 07, 2015

200 Arbor Lake Dr Suite 30129223

(803) 735-9110

Siviq Scores

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

Liabilities / Assets

96th percentile

1.40x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

31st percentile

-3.2%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$108,477

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

34th percentile

-1.7%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$365,623

Down $6,146 (-1.7%) from 2013

Net Assets

Down

-$147,634

Down $147,634 from 2013

Liabilities

Up

$513,257

Up $141,488 (+38%) from 2013

Revenue

$4,645,662

No earlier filing loaded for comparison.

Expenses

Down

$4,793,296

Down $742,295 (-13%) from 2013

Net Income

-$147,634

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $1,351,236Liabilities 2011: $1,351,236Net Assets 2011: $02011Assets 2012: $593,833Liabilities 2012: $593,833Net Assets 2012: $02012Assets 2013: $371,769Liabilities 2013: $371,769Net Assets 2013: $02013Assets 2014: $365,623Liabilities 2014: $513,257Net Assets 2014: -$147,6342014Assets 2015: $1,062,369Liabilities 2015: $4,051,284Net Assets 2015: -$2,988,9152015Assets 2017: $851,057Liabilities 2017: $3,678,081Net Assets 2017: -$2,827,0242017Assets 2018: $990,622Liabilities 2018: $6,328,159Net Assets 2018: -$5,337,5372018Assets 2019: $687,140Liabilities 2019: $5,488,236Net Assets 2019: -$4,801,0962019Assets 2020: $1,336,088Liabilities 2020: $5,168,555Net Assets 2020: -$3,832,4672020Assets 2021: $2,190,950Liabilities 2021: $4,588,512Net Assets 2021: -$2,397,5622021Assets 2022: $2,909,743Liabilities 2022: $4,363,137Net Assets 2022: -$1,453,3942022Assets 2023: $5,796,207Liabilities 2023: $6,538,590Net Assets 2023: -$742,3832023Assets 2024: $6,229,990Liabilities 2024: $7,186,223Net Assets 2024: -$956,2332024Assets 2025: $6,559,976Liabilities 2025: $7,629,950Net Assets 2025: -$1,069,9742025

Highlighted filing

2014

Assets$365,623
Liabilities$513,257
Net Assets-$147,634

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $6,598,0982011Expenses 2012: $6,541,4212012Expenses 2013: $5,535,5912013Revenue 2014: $4,645,662Expenses 2014: $4,793,296Net Income 2014: -$147,6342014Revenue 2015: $4,930,650Expenses 2015: $4,561,541Net Income 2015: $369,1092015Revenue 2017: $3,027,966Expenses 2017: $3,022,329Net Income 2017: $5,6372017Revenue 2018: $1,965,881Expenses 2018: $2,110,483Net Income 2018: -$144,6022018Revenue 2019: $1,985,116Expenses 2019: $1,938,266Net Income 2019: $46,8502019Revenue 2020: $2,768,351Expenses 2020: $2,213,730Net Income 2020: $554,6212020Revenue 2021: $3,110,180Expenses 2021: $2,290,632Net Income 2021: $819,5482021Revenue 2022: $3,402,049Expenses 2022: $3,082,879Net Income 2022: $319,1702022Revenue 2023: $4,823,016Expenses 2023: $4,254,822Net Income 2023: $568,1942023Revenue 2024: $5,260,732Expenses 2024: $5,322,418Net Income 2024: -$61,6862024Revenue 2025: $5,742,394Expenses 2025: $5,396,206Net Income 2025: $346,1882025

Highlighted filing

2014

Revenue$4,645,662
Expenses$4,793,296
Net Income-$147,634
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 7, 2015
Return Version
2013v4.0
Gross Receipts
$4,645,662
Mission and Program Overview

Mission

Odyssey onlne learning offers south carolina high school students an opportunity to reach their goals and achieve great success. Through a challenging, enriching, and meaningful curriculum, odyssey online learning provides a high school education that is flexible enough to fit each student's individual schedules and lifestyles.

Provost academy south carolina, inc. Is an online public charter high school serving grades 9-12. The organization's mission is to provide a challenging, enriching and meaningful curriculum that educates and respects the individual student and the diverse community of learners in an environment that is safe and conducive to learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$304,437$202,613▼ $101,824
Accounts Receivable$67,332$23,146▼ $44,186
Land, Buildings, and Equipment, Net$0$2,640▲ $2,640
Total Assets$371,769$365,623▼ $6,146
Other Assets Total$0$137,224▲ $137,224
Liabilities
Accounts Payable and Accrued Expenses$369,876$513,257▲ $143,381
Deferred Revenue$1,893--
Total Liabilities$371,769$513,257▲ $141,488
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,640-
Unrestricted Net Assets-$-150,274-
Total Net Assets Fund Balance$0$-147,634▼ $147,634
Total Liabilities and Net Assets / Fund Balance$371,769$365,623▼ $6,146

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,640$1,167,536$1,170,176
Other Assets Org$137,224--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie CagleExecutive DirectorFT$106,586$1,891$108,477

Board Members and Trustees

NameTitle
Mike GuarinoChairman
Jane WebbMember
Lesa SeibertMember
Patricia LeeMember
Cindy CokerSecretary
Henry ScottTreasurer
Kent BeasleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,617,242
Program Service Revenue
$14
Investment Income
$22,500
Other Revenue
$5,906
Change in Net Assets
$-147,634

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,645,662
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,645,662
Total Revenue per Form 990
$4,645,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,749,171
Other Expenses$2,044,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,675,857$149,084-$1,824,941
Other Employee Benefits$795,429$25,698-$821,127
Current Officers, Directors, Trustees, and Key Employees-$103,103-$103,103
Other Expenses$3,085$64,883-$67,968
Depreciation Depletion$240--$240
Total Functional Expenses$3,717,654$1,075,642$0$4,793,296

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,793,296
Total Expenses per Audited Statements$4,793,296
Total Expenses per Form 990$4,793,296
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
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
Yes
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, Part VI, Section B, Line 11

A draft copy of form 990 is reviewed by the executive director and board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflict of interest, the party must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees, with governing board delegated powers considering the proposed transation or arrangement.

Form 990, Part VI, Section B, Line 15

The organization approves compensation arrangements based on information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services, current compensation surveys complied by the independent firms, or actual written offers from similarly situated organizations.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
26-3527171
Phone
8037359110

Signing Officer

Name
Mike Guarino
Title
Chairman
Phone
8037359110
Signed
2015-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Guarino
Formed
2008
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
51
Volunteers
7

Preparer

Preparer
Denise P Hill CPA
Phone
8032560002
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 12, PART XI, LINE 2C, RESPONSIBILITY FOR OVERSIGHT OF AUDIT:

The board of directors oversees the audit process.

Raw XML Appendix384 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/TotalBookValueLandBuildingsAmt02640
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0137224
IRS990ScheduleD/TotalExpensesPerForm990Amt04793296
IRS990ScheduleD/TotalRevenuePerForm990Amt04645662
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04645662
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04793296
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS AN ON-LINE PUBLIC SHARTER HIGH SCHOOL. ITS WEBSITE INCLUDES ITS NON-DISCRIMINATION POLICY AS DO OTHER PUBLICATIONS AND ADVERTISING BY THE ORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL DOES NOT SOLICIT CONTRIBUTIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE PARTY MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES, WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSATION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION APPROVES COMPENSATION ARRANGEMENTS BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPLIED BY THE INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 12, PART XI, LINE 2C, RESPONSIBILITY FOR OVERSIGHT OF AUDIT:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02640
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0371769
IRS990/TotalAssetsEOYAmt0365623
IRS990/TotalAssetsGrp/BOYAmt0371769
IRS990/TotalAssetsGrp/EOYAmt0365623
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04617242
IRS990/TotalEmployeeCnt051
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01075642
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03717654
IRS990/TotalFunctionalExpensesGrp/TotalAmt04793296
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0371769
IRS990/TotalLiabilitiesEOYAmt0513257
IRS990/TotalLiabilitiesGrp/BOYAmt0371769
IRS990/TotalLiabilitiesGrp/EOYAmt0513257
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-147634
IRS990/TotalOtherCompensationAmt01891
IRS990/TotalProgramServiceExpensesAmt03717654
IRS990/TotalProgramServiceRevenueAmt014
IRS990/TotalReportableCompFromOrgAmt0106586
IRS990/TotalRevenueGrp/ExclusionAmt022500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05920
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04645662
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0371769
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0365623
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-150274
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10200 ARBOR LAKE DR SUITE 301
IRS990/USAddress/City0COLUMBIA
IRS990/USAddress/State0SC
IRS990/USAddress/ZIPCode029223
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0SC.PROVOSTACADEMY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE GUARINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08037359110
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-07
ReturnHeader/Filer/BusinessName/BusinessNameLine10PROVOST ACADEMY SOUTH CAROLINA INC
ReturnHeader/Filer/BusinessNameControlTxt0PROV
ReturnHeader/Filer/EIN0263527171
ReturnHeader/Filer/PhoneNum08037359110
ReturnHeader/Filer/USAddress/AddressLine10200 ARBOR LAKE DR SUITE 301
ReturnHeader/Filer/USAddress/City0COLUMBIA
ReturnHeader/Filer/USAddress/State0SC
ReturnHeader/Filer/USAddress/ZIPCode029223
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570381582
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ELLIOTT DAVIS DECOSIMO LLCPLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101901 MAIN STREET SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode029201
ReturnHeader/PreparerPersonGrp/PhoneNum08032560002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENISE P HILL CPA
ReturnHeader/ReturnTs02015-02-13T09:44:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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.$6.56$7.63$1.07$5.74$5.40$0.35
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$7.19$0.96$5.26$5.32$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$6.54$0.74$4.82$4.25$0.57
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$4.36$1.45$3.40$3.08$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$4.59$2.40$3.11$2.29$0.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$5.17$3.83$2.77$2.21$0.55
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$5.49$4.80$1.99$1.94$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$6.33$5.34$1.97$2.11$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$3.68$2.83$3.03$3.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.06$4.05$2.99$4.93$4.56$0.37
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.51$0.15$4.65$4.79$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.37$0.00$5.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.59$0.00$6.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$1.35$0.00$6.60