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The Odyssey Preparatory Academy

Buckeye, AZ · EIN 26-2253742 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Odyssey Preparatory Academy reported $32.2 million in revenue and $36.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.61 went to program services, $9.17 to management and general costs and $0.22 to fundraising. Its largest source of revenue was contributions and grants: 92.8% of the total. Government grants made up 92.3%. The highest compensation it reported for one person was $164,183 (President). 4 people received more than $100,000 in reportable compensation. Revenue rose 13% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $32M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
92.8%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
92.3%1.1%
Program service revenue share
Part VIII 2g ÷ 12
6.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$164,183$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.45%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-6.413.3
Independent voting board members
Part VI 1a–1b
4 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · revenue $32M

The organization provides educational services to students in preschool through twelfth grade. Odyssey provides a safe and secure environment where all children are given the opportunity to discover and use their talents to make a positive impact on their community and the world. Through the use of innovative curriculum and technology, students at odyssey will be prepared to lead in the ever-changing global market

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 40.00 hrs/week
$164,183$0$0$164,183
CO-EXEC DIRECT
Director/trustee, officer, 40.00 hrs/week
$145,448$0$0$145,448
CFO
Officer, 40.00 hrs/week
$124,244$0$0$124,244
Director
Director/trustee, 40.00 hrs/week
$120,518$0$0$120,518

4 people received more than $100,000 in reportable compensation from The Odyssey Preparatory Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $384K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$32M$36M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$32M$36M90.6%−$19M$164,183
FY2024 ⓘ$34M$37M90.2%−$15M$179,912
FY2023 ⓘ$35M$35M91.6%−$12M$157,050
FY2022 ⓘ$33M$32M91.9%−$13M$159,408
FY2021 ⓘ$28M$29M96.6%−$13M$164,220
FY2020 ⓘ$29M$27M95.3%−$13M$142,926

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5334
  • Volunteers Part I, line 6189

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
DRIP IN TURF
Landscaping
$639,867
ACADEMIC INTEGRATION SERVICES
Substitute services
$401,553
DESERT CHOICE TRANSPORT LLC
Student bussing
$374,150
CITY WIDE FACILITY SOLUTIONS
Janitorial services
$289,477
B4 PROFESSIONAL SERVICES LLC
Maintenance/contractor
$199,799

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to The Odyssey Preparatory Academy totaling $1,110 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Odyssey Preparatory Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Odyssey Preparatory Academy, you can publish a response that is linked from this page.

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Questions people ask

How much of The Odyssey Preparatory Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, The Odyssey Preparatory Academy reported that 90.6% of its $36.1 million in expenses went to program services, 9.2% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does The Odyssey Preparatory Academy pay its top executive?

The largest total compensation The Odyssey Preparatory Academy reported for one person in the fiscal year ending June 30, 2025 was $164,183, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Odyssey Preparatory Academy get its money?

Of $32.2 million in revenue in the fiscal year ending June 30, 2025, 92.8% came from contributions and grants (including 92.3% from government grants) and 6.0% from program service revenue (Form 990, Part VIII).

Is The Odyssey Preparatory Academy a registered charity?

The IRS lists EIN 26-2253742 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202523569349300917 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349310983 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411289349301981 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331179349300238 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133489349301208 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101359349300820 · read the filing

All filings for EIN 26-2253742: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.