Nonprofit · EIN 83-2594222
OLYMPUS INTERNATIONAL ACADEMY
Tax-exempt (reinstated) · BOCA RATON, FL 33433
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,264,942 | $5,458,987 | -$1,194,045 | $13,300,888 | $13,725,557 | -$424,669 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $374,140
- Program service revenue
- $3,511,485
- Investment income
- $0
- Other revenue
- $379,317
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,000
- Other salaries and wages
- $2,496,789
- Salaries, compensation and benefits (total)
- $2,935,197
- Professional fundraising fees
- $0
- Depreciation
- $698,303
- Program services (functional)
- $4,640,139
- Management and general (functional)
- $818,848
Balance sheet and other
- Total assets, start of year
- $14,118,327
- Total assets, end of year
- $13,300,888
- Total liabilities, end of year
- $13,725,557
- Net assets, end of year
- -$424,669
- Land, buildings and equipment
- $12,438,006
- Net assets without donor restrictions
- -$951,957
- Net assets with donor restrictions
- $527,288
- Gross receipts
- $4,264,942
- Employees
- 38
- Volunteers
- 6
- Year formed
- 2016
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY SWENSON | PRINCIPAL Officer | 40 | $128,000 |
| JOSEPH MULLEN | CHAIR Trustee or director, Officer | 1 | $0 |
| ALVARO DELOLMO | MEMBER Trustee or director | 1 | $0 |
| CHARLENE THOMAS | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8411 W PALMETTO PARK RD, BOCA RATON, FL 33433-1118
- Principal officer (990 for 2024)
- JOSEPH MULLEN, 8411 W PALMETTO PARK ROAD, BOCA RATON, FL 33433
- Signed the 990
- JOSEPH MULLEN, CHAIR
- Phone
- (561) 900-5323
- Return prepared by
- VERDEJA & ALVAREZ LLP
Mission
OUR MISSION IS TO PROVIDE A 21ST CENTURY CURRICULUM AND THE KNOWLEDGE AND SKILLS FOR GLOBAL COMPETENCY TO K-8 STUDENTS IN OUR COMMUNITY. A GLOBAL DIMENSION IS ADDED TO ALL DISCIPLINES/CONTENT AREAS. WE INFUSE THE STEAM PROGRAM IN ALL GRADE LEVELS, BEGINNING IN KINDERGARTEN AND PROJECT-BASED LEARNING THAT SUPPORTS INVENTING AND ENTREPRENEURSHIP. OUR CLASSROOMS PROVIDE DIFFERENTIATION THROUGH FLEXIBLE GROUPING AND SMALL GROUP INSTRUCTION. WORLD GEOGRAPHY, LANGUAGES AND CULTURES ARE AN INTEGRAL PART OF THE EDUCATION WE PROVIDE FOR OUR STUDENTS WHO WILL BE PREPARED TO TAKE AN IMPORTANT PLACE IN A GLOBAL SOCIETY.
Program accomplishments
- CURRENTLY WE HAVE APPROXIMATELY 300 STUDENTS IN GRADES K-8. OUR STUDENTS ARE PRIMARILY BRAZILIAN AND ENGLISH LANGUAGE ACQUISITION IS OUR MAIN FOCUS.Expenses $4,640,139 · revenue $3,890,801
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-2594222
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $13,300,888
- Income (IRS master file)
- $4,264,942
Revocation and reinstatement
- Exemption revoked
- November 15, 2018
- Posted by the IRS
- June 13, 2020
- Reinstated
- Effective November 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $5,053,410 | $4,601,310 | $14,118,327 | IRS |
| 990 | June 2023 | $4,195,511 | $4,103,890 | $14,140,027 | IRS |
| 990 | June 2022 | $3,679,245 | $3,374,448 | $2,321,981 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about OLYMPUS INTERNATIONAL ACADEMY
- What is the EIN of OLYMPUS INTERNATIONAL ACADEMY?
- The employer identification number (EIN) of OLYMPUS INTERNATIONAL ACADEMY is 83-2594222.
- Is OLYMPUS INTERNATIONAL ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2018 and reinstated it effective November 15, 2018.
- Are donations to OLYMPUS INTERNATIONAL ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OLYMPUS INTERNATIONAL ACADEMY 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 OLYMPUS INTERNATIONAL ACADEMY 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 OLYMPUS INTERNATIONAL ACADEMY 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 OLYMPUS INTERNATIONAL ACADEMY?
- The 990 for the year ended June 30, 2025 names JOSEPH MULLEN.
- Who are the officers and directors of OLYMPUS INTERNATIONAL ACADEMY?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $128,000 (NANCY SWENSON, PRINCIPAL).
- How much revenue does OLYMPUS INTERNATIONAL ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,264,942, expenses of $5,458,987 and total assets of $13,300,888 at year end.
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