Overview
What is Odyssey Inc?
Odyssey Inc, based in Louisa, Kentucky, is a nonprofit organization with a mission to offer comprehensive substance abuse services and resources. They serve as a one-stop rehabilitation center, addressing the needs of addicts, their families and friends, the court system, and the business community. With a team of 163 employees, Odyssey Inc provides essential support to help individuals overcome addiction and rebuild their lives, while also addressing the wider impact on families, legal systems, and workplaces.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 0 stars (45%)
Odyssey Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating serious issues in its accountability and financial management. The organization's score reflects a lack of independent board members and missing financial statements, which raises concerns about governance and transparency. While some policies, such as whistleblower and document retention, are in place, critical components like a conflict of interest policy and the posting of financial documents on its website are absent.
On a positive note, Odyssey Inc has a program expense ratio of 100%, showcasing that all its expenditures are directed towards its programs. This suggests that the charity is committed to utilizing its resources for its intended mission rather than administrative costs. However, the high liabilities to assets ratio of over 112% indicates financial instability, which could pose risks to its sustainability.
Overall, while Odyssey Inc demonstrates positive intentions through its program funding, its lack of financial transparency, governance issues, and overall low accountability warrant caution for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Odyssey Inc legitimate?
Odyssey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Odyssey Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,125,712
For more financial information, click here
What is the mission statement of Odyssey Inc?
Odyssey Inc is dedicated to offering a comprehensive rehabilitation service for individuals dealing with substance abuse, as well as their families, friends, the court system, and the business community. Their mission is to provide a one-stop solution for those in need of assistance and support in overcoming addiction. The organization aims to be a valuable resource for various stakeholders by offering extensive substance abuse services. Through their work, they strive to make a positive impact on the lives of those affected by addiction and help them on their journey towards recovery. Odyssey Inc's services encompass a wide range of resources to effectively address substance abuse issues and provide essential support for individuals and their loved ones.
Who is the CEO of Odyssey Inc?
Johnathan Gay is the Board Member of Odyssey Inc.
What is the revenue of Odyssey Inc?
Odyssey Inc's revenue in 2022 was $14,539,373.
Who are the executives of Odyssey Inc and what are their salaries?
The average compensation at Odyssey Inc during 2022 was $13,041. There are 163 employees at Odyssey Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $290,701
- Other: $0
- Compensation: $0
- Related: $242,688
- Other: $0
- Compensation: $0
- Related: $75,867
- Other: $0
- Compensation: $0
- Related: $29,582
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Odyssey Inc?
Odyssey Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Odyssey Inc
Odyssey Inc, a leading nonprofit organization, is dedicated to providing a comprehensive one-stop rehabilitation service for individuals dealing with substance abuse, as well as offering support to their families, friends, the court system, and the business community. The mission of Odyssey Inc is multifaceted, aimed at addressing the complex needs of those struggling with addiction and its far-reaching impact on various sectors of society.
At the heart of Odyssey Inc's mission lies a commitment to helping individuals overcome substance abuse. However, the organization goes beyond treating the addict, recognizing the importance of supporting their loved ones and the broader community. Odyssey Inc offers a range of services and resources designed to address the various aspects of addiction and its consequences. From providing substance abuse treatment to offering educational programs, counseling services, and advocacy efforts, Odyssey Inc is a vital resource for those seeking to reclaim their lives.
Moreover, Odyssey Inc understands that addiction does not affect individuals in isolation. It has far-reaching consequences, impacting families, friends, the court system, and the business community. By offering services and resources tailored to these groups, Odyssey Inc aims to foster a more comprehensive and supportive approach to addressing substance abuse. Whether it's providing education and support to families, working closely with the court system to ensure effective treatment and rehabilitation, or collaborating with businesses to create healthier workplaces, Odyssey Inc is committed to making a lasting difference in the lives of those affected by addiction.
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Impact
October, 2024
Odyssey Inc plays a vital role in addressing the complex challenges of substance abuse in Louisa, KY. By offering comprehensive rehabilitation services, the organization provides crucial support not only for individuals struggling with addiction but also for their families and friends. This one-stop service model ensures that all affected parties have access to the resources they need to begin healing and rebuilding their lives.
The impact of Odyssey Inc extends beyond those directly facing substance abuse issues. By engaging with the court system and the business community, Odyssey Inc fosters a collaborative approach to recovery that can lead to reduced recidivism rates and improved workplace environments. Their holistic focus on mental health contributes to a healthier community, paving the way for individuals to reintegrate successfully into society.
In essence, Odyssey Inc serves as a cornerstone for recovery, helping to mitigate the effects of addiction and promoting a supportive environment for both individuals and the broader community.
This information is meant to be a general summary of Odyssey Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $354
- Program Service Revenue: $9,042,004
- Gross Receipts: $14,539,373
Assets and Liabilities:
- Total Assets: $26,092,533
- Total Liabilities: $29,371,419
- Net Assets: -$3,278,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$9,042,004
Organization Details
Founding Year
2007
Principal Officer
Johnathan Gay
Main Address
PO BOX 686, LOUISA, KY, 41230
NTEE Category
Code: F212 - Mental health
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