Odyssey Inc
- Assets
- $2.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 52
- Location
- Atlanta, GA
- Founding
- 05/2015
- Data as of
- 09/2021
- EIN
- 58-2537795
Organization Overview
Odyssey Inc is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 09/2021, Odyssey Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Odyssey 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 09/2021, Odyssey Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $993.1k during the year ending 09/2021. While expenses have increased by 3.3% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ODYSSEY IS AN EDUCATIONAL NON-PROFIT ORGANIZATION PARTNERING WITH THE ATLANTA PUBLIC SCHOOLS TO SERVE STUDENTS IN GRADES 1-12 FROM ECONOMICALLY DISADVANTAGED COMMUNITIES. ODYSSEY'S ACADEMIC ENRICHMENT PROGRAM FOCUSES ON STUDENTS WITH UNMET POTENTIAL, PREPARING THEM FOR HIGH SCHOOL GRADUATION AND SUPPORTING THEM ON THEIR PATH TO COLLEGE.
Describe the Organization's Program Activity:
ODYSSEY HIGH SCHOOL.SERVED 95 STUDENTS IN RISING GRADES 9-12 DURING THE COURSE OF 5 WEEKS (DAILY FROM 8AM-3PM). ODYSSEY'S ENGAGING ATMOSPHERE ENCOURAGES STUDENTS TO ENHANCE THEIR SKILLS BOTH INSIDE AND OUTSIDE THE CLASSROOM. WE HIRE HIGHLY QUALIFIED AND AWARD-WINNING TEACHERS FROM ALL ACROSS ATLANTA WHO TEACH AN ACADEMIC CURRICULUM GROUNDED IN READING, WRITING, AND MATH THROUGH DESIGN THINKING AND PROJECT-BASED LEARNING. EACH GRADE LEVEL'S CURRICULUM IS FOUNDED ON A THEME; THIS THEME HELPS GOVERN WHAT TEXTS ARE TAUGHT, WHAT FIELD TRIPS ARE TAKEN, AND WHAT PROJECTS ARE COMPLETED. BY PROVIDING THE SUMMER BRIDGE LEARNING EXPERIENCE FOR THIS GROUP OF STUDENTS WHO WOULD NOT OTHERWISE HAVE ACCESS (PREDOMINATELY MINORITY AND LOW-INCOME), ODYSSEY ENSURES THAT STUDENTS NOT ONLY AVOID A LOSS OF ACADEMIC SKILLS, BUT ALSO, ARE ABLE TO GET A JUMP ON THE NEXT SCHOOL YEAR.
ODYSSEY MIDDLE SCHOOL.SERVED 78 STUDENTS IN RISING GRADES 6-8 DURING THE COURSE OF 6 WEEKS (DAILY FROM 8AM-3PM). ODYSSEY'S ENGAGING ATMOSPHERE ENCOURAGES STUDENTS TO ENHANCE THEIR SKILLS BOTH INSIDE AND OUTSIDE THE CLASSROOM. WE HIRE HIGHLY QUALIFIED AND AWARD-WINNING TEACHERS FROM ALL ACROSS ATLANTA WHO TEACH AN ACADEMIC CURRICULUM GROUNDED IN READING, WRITING, AND MATH THROUGH DESIGN THINKING AND PROJECT-BASED LEARNING. EACH GRADE LEVEL'S CURRICULUM IS FOUNDED ON A THEME; THIS THEME HELPS GOVERN WHAT TEXTS ARE TAUGHT, WHAT FIELD TRIPS ARE TAKEN, AND WHAT PROJECTS ARE COMPLETED. BY PROVIDING THE SUMMER BRIDGE LEARNING EXPERIENCE FOR THIS GROUP OF STUDENTS WHO WOULD NOT OTHERWISE HAVE ACCESS (PREDOMINATELY MINORITY AND LOW-INCOME), ODYSSEY ENSURES THAT STUDENTS NOT ONLY AVOID A LOSS OF ACADEMIC SKILLS, BUT ALSO, ARE ABLE TO GET A JUMP ON THE NEXT SCHOOL YEAR.
ODYSSEY ELEMENTARY.SERVED 80 STUDENTS IN RISING GRADES 1-5 DURING THE COURSE OF 6 WEEKS (DAILY FROM 8AM-5PM). ODYSSEY'S ENGAGING ATMOSPHERE ENCOURAGES STUDENTS TO ENHANCE THEIR SKILLS BOTH INSIDE AND OUTSIDE THE CLASSROOM. WE HIRE HIGHLY QUALIFIED AND AWARD-WINNING TEACHERS FROM ALL ACROSS ATLANTA WHO TEACH AN ACADEMIC CURRICULUM GROUNDED IN READING, WRITING, AND MATH THROUGH DESIGN THINKING AND PROJECT-BASED LEARNING. EACH GRADE LEVEL'S CURRICULUM IS FOUNDED ON A THEME; THIS THEME HELPS GOVERN WHAT TEXTS ARE TAUGHT, WHAT FIELD TRIPS ARE TAKEN, AND WHAT PROJECTS ARE COMPLETED. BY PROVIDING THE SUMMER BRIDGE LEARNING EXPERIENCE FOR THIS GROUP OF STUDENTS WHO WOULD NOT OTHERWISE HAVE ACCESS (PREDOMINATELY MINORITY AND LOW-INCOME), ODYSSEY ENSURES THAT STUDENTS NOT ONLY AVOID A LOSS OF ACADEMIC SKILLS, BUT ALSO, ARE ABLE TO GET A JUMP ON THE NEXT SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Cohen Executive Director | Officer | 40 | $119,022 |
Jennifer Kellett Secretary | Officer | 40 | $26,731 |
Chambless Kalka Vice Chair | OfficerTrustee | 1 | $0 |
Andy Ibbotson Board Chair | OfficerTrustee | 1 | $0 |
Emily Heimermann Finance Chair | OfficerTrustee | 1 | $0 |
Amy Kim Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $239,535 |
| Related organizations | $0 |
| Government grants | $66,472 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,318,847 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,624,854 |
| Total Program Service Revenue | $0 |
| Investment income | $11,249 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,314 |
| Net Income from Gaming Activities | $7,200 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,651,617 |
| 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. | $212,945 |
| Compensation of current officers, directors, key employees. | $13,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,343 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $44,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,327 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,647 |
| Advertising and promotion | $13,340 |
| Office expenses | $47,091 |
| Information technology | $23,495 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $104,594 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,994 |
| All other expenses | $0 |
| Total functional expenses | $993,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,418 |
| Savings and temporary cash investments | $1,048,562 |
| Pledges and grants receivable | $211,386 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $30,525 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,021,878 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,520,769 |
| Accounts payable and accrued expenses | $16,595 |
| Grants payable | $0 |
| Deferred revenue | $26,533 |
| 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 | $43,128 |
| Net assets without donor restrictions | $1,770,393 |
| Net assets with donor restrictions | $707,248 |
| 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 | $2,520,769 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Odyssey Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Solstice Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Endowment Analysis
| Beg. Balance | $656,011 |
| Earnings | $115,867 |
| Net Contributions | $250,000 |
| Ending Balance | $1,021,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ucf Athletic Association Inc Orlando, FL | $37,730,168 | $63,571,976 |
The Early Learning Coalition Of Flagler And Volusia Counties Inc Daytona Beach, FL | $3,038,182 | $37,891,107 |
Dumac Inc Durham, NC | $16,829,525 | $22,034,082 |
National Institute For Excellence In Teaching Nashville, TN | $34,287,957 | $30,387,286 |
Early Learning Coalition Of The Nature Coast Inc Crystal River, FL | $1,875,825 | $17,254,934 |
University Of South Carolina Business Partnership Foundation Columbia, SC | $128,044,992 | $17,993,004 |
Florida Lambdarail Llc Tallahassee, FL | $13,348,492 | $7,717,742 |
Francis Marion University Development Foundation Florence, SC | $27,042,578 | $6,587,347 |
Jackson Foundation Inc Dickson, TN | $81,442,128 | $3,275,608 |
Influence 1 Memphis, TN | $6,214,331 | $4,262,960 |
Usa Research And Technology Corporation Mobile, AL | $22,788,529 | $3,738,277 |
Auburn Research Park I Auburn, AL | $36,466,656 | $3,867,814 |