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Nonprofit · EIN 26-2253742

ODYSSEY PREPARATORY ACADEMY INC

Tax-exempt · BUCKEYE, AZ 85326

Financials

$35.2M$34.7M2022$34.4M$37.4M2023$32.2M$36.1M2024
Revenue Expenses · by fiscal year end
Financials of ODYSSEY PREPARATORY ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$32,231,684$36,093,795-$3,862,111$72,584,029$91,693,281-$19,109,252
June 30, 2024990$34,350,405$37,431,014-$3,080,609$73,510,928$88,758,069-$15,247,141
June 30, 2023990$35,191,832$34,659,993$531,839$78,282,569$90,449,101-$12,166,532
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$29,899,433
of which government grants
$29,761,223
Program service revenue
$1,948,737
Investment income
$383,514
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$384,433
Other salaries and wages
$15,552,335
Salaries, compensation and benefits (total)
$19,113,967
Professional fundraising fees
$0
Legal fees
$7,435
Accounting fees
$54,455
Occupancy
$3,000,678
Travel
$30,853
Depreciation
$2,535,034
Program services (functional)
$32,703,312
Management and general (functional)
$3,311,481
Fundraising (functional)
$79,002

Balance sheet and other

Total assets, start of year
$73,510,928
Total assets, end of year
$72,584,029
Total liabilities, end of year
$91,693,281
Net assets, end of year
-$19,109,252
Land, buildings and equipment
$56,895,481
Net assets without donor restrictions
-$19,122,226
Net assets with donor restrictions
$12,974
Gross receipts
$32,231,684
Employees
334
Volunteers
189
Year formed
2008
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MEGAN OLSONPresident
Trustee or director, Officer
40$164,183
HOLLY JOHNSONCO-EXEC DIRECT
Trustee or director, Officer
40$145,448
SHARI COSTACFO
Officer
40$124,244
NEAL MC DONALDDirector
Trustee or director
40$120,518
KATHRYN TRACYDirector
Trustee or director
5$0
JOHN BAUERDirector
Trustee or director
5$0
JEFF CALERDirector
Trustee or director
5$0
KARI HURLEYDirector
Trustee or director
5$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
HOLLY JOHNSONCO-EXEC DIRECT
Trustee or director, Officer
40$179,912
MEGAN OLSONPresident
Trustee or director, Officer
40$165,887
NEAL MC DONALDDirector
Trustee or director
40$119,713
SHARI COSTACFO
Officer
40$89,448
KATHRYN TRACYDirector
Trustee or director
5$0
JOHN BAUERDirector
Trustee or director
5$0
JEFF CALERDirector
Trustee or director
5$0
KARI HURLEYDirector
Trustee or director
5$0
990 for the year ended June 30, 2023: 8 people
NameTitleHours / weekCompensation
HOLLY JOHNSONCO-EXEC DIRECT
Trustee or director, Officer
40$157,050
MEGAN OLSONPresident
Trustee or director, Officer
40$155,321
NEAL MC DONALDDirector
Trustee or director
40$117,386
KATHRYN TRACYDirector
Trustee or director
5$0
JOHN BAUERDirector
Trustee or director
5$0
JEFF CALERDirector
Trustee or director
5$0
KARI HURLEYDirector
Trustee or director
5$0
SHARI COSTACFO
Officer
40$0

Address and contacts

Address (IRS master file)
411 N 4TH ST, BUCKEYE, AZ 85326-2442
Principal officer (990 for 2024)
MEGAN OLSON, 6500 SOUTH APACHE ROAD, BUCKEYE, AZ 85326
Signed the 990
MEGAN OLSON, President
Phone
(623) 327-3111
Return prepared by
HAYNIE & COMPANY

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $32,703,312 · revenue $31,809,471

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-2253742
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$72,584,029
Income (IRS master file)
$32,231,684

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$32,231,684$36,093,795$72,584,029XML
990June 2024$34,350,405$37,431,014$73,510,928IRS
990June 2023$35,191,832$34,659,993$78,282,569XML
990June 2022$32,559,727$31,947,851$78,570,938IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2253742).

Questions about ODYSSEY PREPARATORY ACADEMY INC

What is the EIN of ODYSSEY PREPARATORY ACADEMY INC?
The employer identification number (EIN) of ODYSSEY PREPARATORY ACADEMY INC is 26-2253742.
Is ODYSSEY PREPARATORY ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to ODYSSEY PREPARATORY ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ODYSSEY PREPARATORY ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ODYSSEY PREPARATORY ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ODYSSEY PREPARATORY ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ODYSSEY PREPARATORY ACADEMY INC?
The 990 for the year ended June 30, 2025 names MEGAN OLSON.
Who are the officers and directors of ODYSSEY PREPARATORY ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 8 people; 4 received compensation from the organization, the highest $164,183 (MEGAN OLSON, President).
How much revenue does ODYSSEY PREPARATORY ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $32,231,684, expenses of $36,093,795 and total assets of $72,584,029 at year end.

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