THE ODYSSEY SCHOOL INC

EIN: 521870341 501(c)(3) Education

LUTHERVILLE, MD

Total Revenue
$11,335,338
Total Expenses
$9,032,026
Total Assets
$36,723,898
Net Assets
$35,048,144
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MD
Principal Officer
MARTHA H SWEENEY
Phone
4105805551
Tax Period
2024-07-01 to 2025-06-30

THE ODYSSEY SCHOOL INC, founded in 1994, is a mid-sized nonprofit in the Education sector that reported $11.3M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.3M, a strong 20% operating margin.

Mission

TO PROVIDE EDUCATION TO CHILDREN DIAGNOSED WITH DYSLEXIA AND OTHER LANGUAGE LEARNING DIFFERENCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,989,604
Program Service Revenue $6,908,428
Investment Income $1,411,247
Other Revenue $26,059
TOTAL REVENUE $11,335,338

Expense Breakdown

Grants Paid $1,159,032
Salaries & Benefits $5,576,767
Fundraising Expenses $615,606
Program Expenses $6,681,637
Other Expenses $2,208,227
TOTAL EXPENSES $9,032,026

Year-over-Year Comparison

2024 2023 Change
Revenue $11,335,338 $14,770,358 -0.2%
Expenses $9,032,026 $8,576,565 +0.1%
Net Income $2,303,312 $6,193,793 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
97
Volunteers
58

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$351,514
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE R RIEDEL CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT D POTTER VICE CHAIR 1.00
Officer Director
$0 $0 $0
MATTHEW W HUDSON TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM I INTNER SECRETARY 1.00
Officer Director
$0 $0 $0
DR YAEL ALLEN TRUSTEE 1.00
Director
$0 $0 $0
VICTORIA A COMPTON TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW E FLEMING TRUSTEE 1.00
Director
$0 $0 $0
DR SIMONE GIBSON TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY A HODGE JR TRUSTEE 1.00
Director
$0 $0 $0
CRAWFORD HUBBARD TRUSTEE 1.00
Director
$0 $0 $0
BLAKE L HYATT TRUSTEE 1.00
Director
$0 $0 $0
JAMES F KNOTT JR TRUSTEE 1.00
Director
$0 $0 $0
JOHN D LINEHAN TRUSTEE 1.00
Director
$0 $0 $0
KEVIN F MCALLISTER TRUSTEE 1.00
Director
$0 $0 $0
PJ ORTHWEIN TRUSTEE 1.00
Director
$0 $0 $0
COREY K PAIGE TRUSTEE 1.00
Director
$0 $0 $0
CHERYL S BERNARD-SMITH TRUSTEE 1.00
Director
$0 $0 $0
TERRI O SMITH TRUSTEE 1.00
Director
$0 $0 $0
PAUL A SPEARGAS CFA TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL J WEINFIELD TRUSTEE 1.00
Director
$0 $0 $0
WHITNEY R WHITEMAN TRUSTEE 1.00
Director
$0 $0 $0
CARTER L WILDE TRUSTEE 1.00
Director
$0 $0 $0
MARTHA H SWEENEY HEAD OF SCHOOL 40.00
Officer
$247,893 $25,229 $273,122
JEREMY MYERS DIRECTOR OF FINANCE 40.00
Officer
$78,125 $267 $78,392
LAURIE TERBEEK DIRECTOR OF DEVELOPMENT AND ADVANCEMENT 40.00
Highest
$119,838 $7,828 $127,666
MATTHEW COWAN ASSISTANT HEAD OF SCHOOL 40.00
Highest
$111,029 $18,034 $129,063
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $11,335,338 $9,032,026 $36,723,898 $2,303,312
2024 No data No data No data No data
2023 $8,368,096 $7,546,090 $28,246,077 $822,006
2022 $7,136,037 $6,812,281 $26,469,396 $323,756
2021 $6,462,728 $6,453,294 $27,787,772 $9,434
2020 $7,550,411 $6,339,015 $24,577,958 $1,211,396
2019 $6,735,014 $6,438,364 $24,500,374 $296,650
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