California Odyssey of the Mind Inc

Nonprofit profile at a glance

EIN
680439486
IRS 990-EZ coverage
2010–2012
Forms available
Form 990-EZ 2012
Location
San Francisco, CA, USA
Phone
4156587335
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$129,174
Expenses
$106,127
Assets
$115,327

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The California odyssey of the mind promotes creativity, develops team problem solving skills, and promotes divergent thinking for participants of all ages throughout California. California odyssey of the mind fosters personal integrity, self-respect, cooperation, and acceptance of diversity in people, thoughts, and beliefs. Participants will be encouraged to use their skills, knowledge, and ideas to travel uncharted paths to help make the world a better place in which to live.

What it reported doing in 2012

Provided programming to thousands of elementary, middle, and high school aged students all throughout California. Hosted annual state tournament providing hundreds of teams of students the opportunity to compete on creative problem solving and presentation/performance skills. Participants developed critical thinking and self-confidence skills as a result. The organization provided support to teams winning at state competition to compete in world tournament. The organization also awarded two college scholarships of $500 each to two graduating high school seniors selected based on their participation in the program and through an application process. The organization also conducted training for adult volunteers in coaching and officiating the creative problem solving in school. Eight regions located throughout the state of California conduct trainings. Approximately 1,000 adult volunteers participate in either a coaching or judging position.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The available information about grant readiness state registration leaves an important question unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.5%; rating input score 79
  • Program expense ratio: 95.6%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 17.8%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 16.4% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 10.6% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 12.1% per year; rating input score 100; 63rd percentile among comparable filings

Details

  • Where the money goes: 78.5% of revenue deployed · 95.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $101K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2010 to 2012
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.