2016-02-26T13:00:54-06:00 2015-06-30 231518888 MAILLIE LLP 624 WILLOWBROOK LANE WEST CHESTER PA 19382 990 2014-07-01 201787299 ODYSSEY CHARTER SCHOOL INC ODYS 3026555760 4319 LANCASTER PIKE WILMINGTON DE 19805 THEODORE NANNAS TREASURER 3029946490 2016-02-17 1 EDWARD FRONCZKOWSKI CPA P01259092 6106964353 2014 2016-08-17 19:52:53Z X THEODORE NANNAS 4319 LANCASTER PIKE WILMINGTON DE 19805 10658801 0 X WWW.ODYSSEYCHARTERSCHOLDEL.ORG X 2006 DE THE MISSION OF ODYSSEY CHARTER SCHOOL IS TO PREPARE STUDENTS FOR A LIFELONG ENTHUSIASM FOR LEARNING, DEVELOP A KEEN AWARENESS OF WORLD CITIZENSHIP AND CULTURE, AND ESTABLISH CRITICAL THINKING AND PROBLEM-SOLVING PROFICIENCY THROUGH THE ADDED LEARNING OF THE MODERN GREEK LANGUAGE AND MATHEMATICS FOCUS. 8 8 0 0 0 0 7546457 10265356 272050 232143 -181502 0 36437 161302 7673442 10658801 0 0 0 0 5883574 6932317 0 0 0 3090444 4087786 8974018 11020103 -1300576 -361302 4588970 39960929 4373985 41131228 214985 -1170299 X THE MISSION OF ODYSSEY CHARTER SCHOOL IS TO PREPARE STUDENTS FOR A LIFELONG ENTHUSIASM FOR LEARNING, DEVELOP A KEEN AWARENESS OF WORLD CITIZENSHIP AND CULTURE, AND ESTABLISH CRITICAL THINKING AND PROBLEM-SOLVING PROFICIENCY THROUGH THE ADDED LEARNING OF THE MODERN GREEK LANGUAGE AND MATHEMATICS FOCUS. 0 0 11020103 393445 ODYSSEY CHARTER SCHOOL OPERATES A KINDERGARTEN THROUGH 7TH GRADE PUBLICLY-FUNDED CHARTER SCHOOL SERVING APPROXIMATELY 700 STUDENTS IN WILMINGTON, DELAWARE. ODYSSEY OFFERS AN INNOVATIVE APPROACH TO EDUCATION BY PROVIDING ITS STUDENTS WITH INSTRUCTION IN A SECOND LANGUAGE, GREEK, ALONG WITH AN EMPHASIS IN MATHEMATICS. THE GREEK LANGUAGE PROVIDES AN ADDITIONAL FOCUS ON THE CLASSIC ROOTS AND FUNDAMENTALS OF ENGLISH, LANGUAGE ARTS, MATHEMATICS, SCIENCE, AND SOCIAL STUDIES. A RIGOROUS STANDARDS-BASED CURRICULUM AND INSTRUCTION IN THE GREEK LANGUAGE IS DELIVERED IN A CHALLENGING, YET NURTURING, LEARNING ENVIRONMENT. 11020103 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 1 0 X X THE ORGANIZATION 3026555760 4319 LANCASTER AVE WILMINGTON DE 19805 X GEORGE CHAMBERS SES MEA PRESIDENT 15.00 X X 0 0 0 GEORGE RIGHOS BS VICE PRESIDENT 40.00 X X 0 0 0 THEODORE NANNAS CPA TREASURER 5.00 X X 0 0 0 CHRISTOPHER GRIVAS SECRETARY 5.00 X X 0 0 0 KATE KLEMAS MEMBER 5.00 X 0 0 0 JENNIFER BALAS BA MS MEMBER 5.00 X 0 0 0 DIMITRI DANDOLOS BS MS MEMBER 5.00 X 0 0 0 MARY LOU STRAUSS BS MEMBER 5.00 X 0 0 0 NICK T MANOLAKOS HEADMASTER 40.00 X 136150 0 41574 136150 0 41574 1 0 1 0 FIRST STUDENT 600 VINE STREET SUITE 1400 CINCINNATI OH 45202 STUDENT TRANSPORTAION 466048 1 10083664 181692 10265356 BEFORE AND AFTER CARE/ART CLUB 611710 232143 232143 232143 MISCELLANEOUS 900099 151390 151390 REBATES 900099 9912 9912 161302 10658801 393445 0 0 5084850 5084850 846130 846130 679093 679093 322244 322244 383120 383120 9154 9154 1797507 1797507 17052 17052 114263 114263 238162 238162 44963 44963 SCHOOL SUPPLIES 541374 541374 BUS TRANSPORTATION SERV 466048 466048 CLEANING 200685 200685 MODULAR PAYMENTS 105625 105625 169833 169833 11020103 11020103 0 0 414634 4713230 13874 113874 260491 93809 35333028 1279578 3898524 34053450 1099 1447 985467 4588970 39960929 1227936 1260334 70894 95286 3067509 37257070 7646 2518538 4373985 41131228 X -616030 -6074173 831015 850127 0 4053747 214985 -1170299 4588970 39960929 X -361302 -1023982 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2964556 2964556 4802477 584293 4218184 457273 310573 146700 27108722 384712 26724010 34053450 ACCRUED INTEREST 866687 NET PENSION LIABILITY 753849 DEFERRED INVESTMENT EARNINGS RELATED TO PENSION ACTIVITES 898002 2518538 X 10658801 0 10658801 0 10658801 11020103 0 11020103 0 11020103 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE SCHOOL'S FINANCIAL STATEMENTS. THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR TAX YEARS 2011, 2012 AND 2013 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURNS WERE FILED; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL'S ENROLLMENT FLYER CONTAINS IT'S RACIALLY NONDISCRIMINATORY POLICY. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES FINANCIAL ASSISTANCE FROM FEDERAL AND STATE AGENCIES IN THE FORM OF GRANTS AND SUBSIDIES. X X 0 0 0 0 0 0 0 0 0 NICK T MANOLAKOS HEADMASTER 136150 0 0 0 0 0 0 0 41574 0 177724 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 REVIEW OF 990 AT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS REVIEW AND APPROVE ANNUAL SALARIES FOR OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL ORGANIZATION DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNRESTRICTED NET POSITION RELATED TO PENSION ADJUSTMENT -1,023,982. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT OR SELECTION PROCESS.