Texas · Nonprofit · $2M-$10M in federal spending
ODYSSEY 2020 ACADEMY, INC.
GALVESTON, TX
The FY2025 single audit reports 1 finding: 1 significant deficiency. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.
Score: 3 of 100 (FY2025 audit)
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 3 | 9 |
| Repeat findings | 5 points each | 0 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 0 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 0 | 5 |
| Score | | 3 | 100 |
Federal funding, FY2025
$2,288,312 in federal awards spent, across 10 programs. Largest funding agencies:
| Agency | Spent |
|---|
| Department of Education | $1,259,126 |
| Department of Agriculture | $1,029,186 |
FY2025 audit
- FAC record
- 2025-06-GSAFAC-0000408118
- Fiscal year end
- June 30, 2025
- Accepted by FAC
- March 19, 2026
- Federal spending
- $2,288,312 · 10 programs
- Major programs
- 2
- Score
- 3 of 100
Finding 2025-003
significant deficiency
- Program
- CHILD NUTRITION CLUSTER (10.553, 10.555); EDUCATION STABILIZATION FUND (84.425)
- Compliance requirement
- Reporting
- FAC record
- FY2025 audit on fac.gov
Finding text from the filing
Finding #2025-003 – Reporting – Significant Deficiency. Criteria: Same as finding #2025-002. Condition and context: Same as finding #2025-002. Cause: Same as finding #2025-002. Effect: Same as finding #2025-002. Recommendation: Same as finding #2025-002. Views of responsible officials and planned corrective actions: Management agrees with the finding. See Corrective Action Plan.
FY2024 audit
- FAC record
- 2024-06-GSAFAC-0000347487
- Fiscal year end
- June 30, 2024
- Accepted by FAC
- December 27, 2024
- Federal spending
- $2,168,719 · 10 programs
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2023 audit
- FAC record
- 2023-06-GSAFAC-0000012415
- Fiscal year end
- June 30, 2023
- Accepted by FAC
- December 21, 2023
- Federal spending
- $2,168,719 · 11 programs
- Major programs
- 0
- Score
- 0 of 100
No findings reported.