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Children's Odyssey

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010475374 ✦ Falmouth, ME ✦ Designated as a 501(c)(3)

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Overview

What is Children's Odyssey?

Children's Odyssey is a nonprofit organization situated in Falmouth, Maine. Its primary focus is on providing preschool education for children aged six weeks to five years. A significant number of these children have various educational disabilities, including those on the autism spectrum and those with intense behavioral challenges. The organization is distinguished for its ability to create inclusive classrooms that cater to these unique needs. In partnership with parents, staff, therapists, and the community, Children's Odyssey strives to offer high-quality, tailored programming for children of diverse developmental levels. The organization uses creative activities and an engaging environment to cater to each child's learning style, needs, and interests, ultimately aiming to help each child reach their full potential. As of the provided information, Children's Odyssey employs 67 individuals.


Official website here: www.childrensodyssey.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Children's Odyssey has received a Two-Star out of Four Star rating from Charity Navigator, indicating an overall score of 69%. While the organization demonstrates a strong commitment to program expenses, with an impressive program expense ratio of 95.71%, it lacks essential financial transparency measures. The absence of financial statements and key policies such as conflict of interest and whistleblower protections raises concerns about accountability.

The organization boasts a majority of independent board members and a solid independent board size, which suggests a level of governance that can be beneficial. However, the missing policies and documentation, such as the tax form on its website, affect the overall trustworthiness of the organization. These structural weaknesses need to be addressed to improve its accountability and finance score.

Overall, while Children's Odyssey shows strong dedication to its mission through program spending, the organization must prioritize financial transparency and governance policies to improve its rating and build greater trust with donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Children's Odyssey legitimate?

Children's Odyssey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Odyssey submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $227,238
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,487,300

For more financial information, click here


Official website here: www.childrensodyssey.org

What is the mission statement of Children's Odyssey?

Children's Odyssey, in its mission, aims to offer high-quality preschool education for children aged six weeks to five years, many of whom have varying degrees of educational disabilities. The organization collaborates closely with parents, staff, therapists, and the community to provide a structured programming environment that caters to each child's unique learning style, needs, and interests. The emphasis is on the holistic development of the child, with a strong desire to help them reach their full potential. The learning environment at Children's Odyssey is designed to be engaging and respectful of diversity, celebrating differences in culture, background, gender, and physical or cognitive ability.


Official website here: www.childrensodyssey.org

Who is the CEO of Children's Odyssey?

Susan Hougaz-Mccormick is the Director Of Operations of Children's Odyssey.


Official website here: www.childrensodyssey.org

What is the revenue of Children's Odyssey?

Children's Odyssey's revenue in 2022 was $2,322,647.


Official website here: www.childrensodyssey.org

Who are the executives of Children's Odyssey and what are their salaries?

The average compensation at Children's Odyssey during 2022 was $25,590. There are 67 employees and 6 volunteers at Children's Odyssey.


Here are 9 key members and their salaries:


Tina M Cannon (Director Of Operations)
  • Compensation: $69,987
  • Related: $0
  • Other: $8,293
Susan Hougaz-Mccormick (President)
  • Compensation: $70,724
  • Related: $0
  • Other: $7,022
Laura Mccormick Glover (Treasurer/Vice President)
  • Compensation: $69,987
  • Related: $0
  • Other: $1,225
Elizabeth Kalil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinna Cushing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Echevarria (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Group (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Romagnoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Benoit (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.childrensodyssey.org

Where can I find the form 990 for Children's Odyssey?

Children's Odyssey's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.childrensodyssey.org

Learn more at the official website: www.childrensodyssey.org

Mission Statement of Children's Odyssey

Children's Odyssey, a preschool institution, is committed to collaborating with parents, staff, therapists, and the community to deliver high-quality, structured education for children aged six weeks to five years. The majority of these children exhibit one or more educational disabilities, varying in degree. The organization's mission is rooted in its desire to create an engaging environment that caters to each child's unique learning styles, needs, and interests. With a strong emphasis on the holistic development of the child, Children's Odyssey strives to assist each child in realizing their full potential. The institution celebrates and respects the diversity of culture, background, gender, and physical or cognitive ability, recognizing it as a strength within the learning environment.

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Impact




July, 2024

Children's Odyssey has a significant impact on the community by providing high-quality, structured programming for children ages six weeks to five years with educational disabilities. Through inclusive classrooms specially designed for children with diverse needs, the organization helps children with autism spectrum disorders and intense behavioral challenges reach their full potential. By collaborating with parents, staff, therapists, and the community, Children's Odyssey creates engaging environments tailored to individual learning styles, needs, and interests. The organization celebrates and respects diversity, recognizing it as a strength to be embraced. Overall, Children's Odyssey's work in early childhood education leaves a lasting impact on the development and growth of the children it serves.




This information is meant to be a general summary of Children's Odyssey. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,322,647 (2022)
Expenses
$2,426,402 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,421
  • Program Service Revenue: $2,026,407
  • Gross Receipts: $2,325,088

Assets and Liabilities:

  • Total Assets: $1,049,425
  • Total Liabilities: $313,825
  • Net Assets: $735,600

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program

Revenue

$1,985,670

Tuition/Employees

Revenue

$28,021

Adminstration Fees

Revenue

$11,092

Miscellaneous

Revenue

$1,624

Organization Details

Founding Year

1992

Principal Officer

Susan Hougaz-Mccormick

Main Address

PO Box 6038, Falmouth, ME, 04105

NTEE Category

Code: B210 - Education

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