2024-04-29T07:25:49-05:00 2023-06-30 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2022-07-01 263527171 ODYSSEY ONLINE LEARNING ODYS 8037359110 510 LEXINGTON AVENUE 102 CHAPIN SC 29036 MARIO WILLIAMS CHAIRMAN 8037359110 2024-04-25 1 MARIO WILLIAMS 999009999 1 JANICE A RATICA P00358837 7043338881 2024-04-25 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARIO WILLIAMS 510 LEXINGTON AVENUE 102 CHAPIN SC 29036 4823016 0 X WWW.ODYSSEYONLINE.COM X 2008 SC THE MISSION OF ODYSSEY ONLINE LEARNING IS TO PROVIDE A HIGH-QUALITY EDUCATION FOR A WIDE VARIETY OF STUDENTS BY OFFERING ALTERNATIVE SOLUTIONS TO TRADITIONAL SCHOOLING WHILE ASSISTING STUDENTS IN ACHIEVING THE KNOWLEDGE AND SKILLS TO REACH THEIR HIGHEST POTENTIAL WITHIN A FLEXIBLE AND TAILORED EDUCATIONAL PROGRAM THAT FOSTERS LIFELONG LEARNING. 7 7 32 7 0 0 3401918 4822842 0 0 131 174 0 0 3402049 4823016 0 0 0 0 1678034 2436338 0 0 0 1404845 1818484 3082879 4254822 319170 568194 2909743 5796207 4363137 6538590 -1453394 -742383 X ODYSSEY ONLINE 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. 0 0 1256542 HEADQUARTERED IN CHAPIN, ODYSSEY ONLINE LEARNING IS A STATEWIDE, ENROLLMENT STATEWIDE IS APPROXIMATELY 500 STUDENTS, WITH 38 OF THE 46 COUNTIES OF SOUTH CAROLINA REPRESENTED IN OUR STUDENT BODY. THE SCHOOL OPENED IN 2009 (UNDER A DIFFERENT NAME) AND TRANSITIONED TO THE CURRENT SCHOOL NAME IN 2016 AND CURRENT CURRICULUM IN 2019. 1256542 ODYSSEY'S CURRICULUM IS PURCHASED FROM EDMENTUM. THE PLATFORM USED ALLOWS US TO MODIFY THE COURSES OFFERED TO BEST MEET THE NEEDS OF THE STUDENTS IN OUR CLASSROOMS EACH YEAR. ALL COURSES ARE ALIGNED TO SOUTH CAROLINA STANDARDS AND DESIGNED WITH THE UNIQUE NEEDS OF VIRTUAL STUDENTS IN MIND. 1256541 THE TEACHERS AT OOL ARE CERTIFIED IN SOUTH CAROLINA AND UNIQUELY EQUIPPED TO TEACH STUDENTS IN AN ONLINE SETTING. MOST HAVE TAKEN COURSES AS AN ONLINE LEARNER THEMSELVES, MANY HAVE TAKEN COURSES SPECIFICALLY DESIGNED TO TRAIN THEM TO TEACH IN AN ONLINE SETTING AND ALL HAVE RECEIVED PROFESSIONAL DEVELOPMENT TO FURTHER THEIR CAPACITIES AS AN ONLINE INSTRUCTOR. 3769625 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 32 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANDREA AMBURN 8037359110 510 LEXINGTON AVENUE 102 CHAPIN SC 29036 MARIO WILLIAMS MEMBER 2.00 X 0 0 0 MARQUIS FLEMINGS MEMBER 2.00 X 0 0 0 VIKTORIA MCKENNA MEMBER 2.00 X 0 0 0 KENDALL MCCARTY VICE CHAIRMAN 2.00 X X 0 0 0 AMY COX TREASURER 2.00 X X 0 0 0 PENNY MCDANIEL SECRETARY 2.00 X X 0 0 0 TRACEY STUCKEY CHAIRMAN 5.00 X X 0 0 0 ASHLEY OWINGS EXECUTIVE DIRECTOR 40.00 X 129280 0 44072 ANDREA AMBURN DIRECTOR OF OPERATIONS & HR 40.00 X 112394 0 32102 241674 0 76174 2 0 1 0 0 4822842 4822842 174 174 4823016 0 0 174 1695919 1603424 92495 340938 322824 18114 246144 236701 9443 153337 145108 8229 54485 54485 1785 1785 26550 26550 133709 133709 45318 36254 9064 76239 76239 34823 34823 4444 3555 889 37622 37622 INSTRUCTIONAL SERVICES 1179159 1179159 SUPPLIES AND MATERIALS 89721 83088 6633 DISTRICT ADMINISTRATIVE 80823 80823 PUPIL ACTIVITY 21706 17365 4341 32100 31085 1015 4254822 3769625 485197 0 1445327 2509784 166953 176091 24601 7658 5978 16943 1291485 3093389 2909743 5796207 98637 343537 104703 9654 4159797 6185399 4363137 6538590 X -1453394 -742383 -1453394 -742383 2909743 5796207 X 568194 142817 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23409 6706 16703 1192 952 240 16943 DUE FROM OTHER GOVERNMENTAL UNITS 133741 DEFERRED OUTFLOWS OF RESOURCES - PENSIONS 936625 DEFERRED OUTFLOWS OF RESOURCES - OPEB 1174100 SUBSCRIPTION ASSET 848923 3093389 PENSION OBLIGATION 2284176 OPEB OBLIGATION 3025337 COMPENSATED ABSENCES DUE 26963 SUBSCRIPTION LIABILITY 848923 6185399 4823016 0 4823016 0 4823016 4112005 0 4112005 142817 142817 4254822 PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTINGENT GASB PENSION PLAN AND OPEB ACCRUAL NOT DEDUCTED ON FORM 990 142,817. SCHEDULE D, PAGE 4, PART XI AND XII THE AUDITED FINANCIAL STATEMENTS (AFS) ARE PREPARED BASED ON GOVERNMENTAL FUND ACCOUNTING BASIS (I.E. REGULATORY ACCOUNTING PRINCPLES). AS A RESULT, CERTIN ITEMS OF EXPENSE ON THE AFS ARE NOT INCLUDED AS AN EXPENSE ON FORM 990 SUCH AS PRINCIPAL DEBT PAYMENTS AND CAPITAL OUTLAYS FOR FIXE ASSETS, ETC. THE ADJUSTMENTS PROVIDED IN PART XI AND PART XII HAVE BEEN MADE TO PRESENT THE STATEMENT OF REVENUE AND STATEMENT OF FUNCTIONAL EXPENSE ON FORM 990 IN A MANNER CONSISTENT WITH THE ACCRUAL BASIS OF ACCOUNTING UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION IS AN ON-LINE PUBLIC CHARTER HIGH SCHOOL. ITS WEBSITE INCLUDES ITS NON-DISCRIMINATION POLICY AS DO OTHER PUBLICATIONS AND ADVERTISING BY THE ORGANIZATION. SCHEDULE E, PART I, LINE 4 THE SCHOOL DOES NOT SOLICIT CONTRIBUTIONS. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES. X X X 0 0 0 0 0 0 0 0 0 ASHLEY OWINGS EXECUTIVE DIRECTOR 115190 0 14090 0 0 0 28066 0 16006 0 173352 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR HAS A 5-YEAR (AT-WILL) EMPLOYMENT CONTRACT. THE BOARD REVIEWED OTHER CHARTER SCHOOL LEADER'S SALARIES WHEN DETERMINING A REASONABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR. ADDITIONALLY, THEY ASSIGNED THE BOARD TREASURER TO ASSIST IN THE WRITING OF THE CONTRACT AND DECISION ON COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B 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 TRANSACTION OR ARRANGEMENT. IN THE EVENT OF A CONLICT, THE CONFLICT WOULD BE ADDED TO THE BOARD MEETING AGENDA AND THE BOARD WOULD DISCUSS THE CONFLICT WITH THE PARTIES INVOLVED AND DETERMINE NECESSARY ACTIONS NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT BOARD APPROVES COMPENSATION ARRANGEMENTS FOR THE EXECUTIVE DIRECTOR BASED ON COMPENSATION INFORMATION FROM SIMILARLY SITUATED ORGANIZATIONS. IN ADDITION, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS ARE ALSO USED TO ASSIST IN DETERMINING COMPENSATION. ALL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CONTINGENT GASB PENSION PLAN AND OPEB ACCRUAL NOT DEDUCTED ON FORM 990 142,817. FORM 990, PAGE 12, PART XI, LINE 2C, RESPONSIBILITY FOR OVERSIGHT OF AUDIT: THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS.