Civic Intelligence

Paramount Education Studies Inc

990 • Fiscal year 2016 • EIN 43-1785236

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 19, 2016

Organization Profileparamountacademy.com
11039 W Olive AvePeoria, AZ 85345

(623) 977-0614

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.78x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

1.72x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

75th percentile

13%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

59th percentile

$140,603

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

51st percentile

1.7%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

14%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$6,544,047

Up $107,693 (+1.7%) from 2015

Net Assets

Up

$1,447,805

Up $377,911 (+35%) from 2015

Liabilities

Down

$5,096,242

Down $270,218 (-5.0%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin75th percentile

Revenue

Up

$2,962,934

Up $359,066 (+14%) from 2015

Expenses

Up

$2,570,668

Up $47,024 (+1.9%) from 2015

Net Income

Up

$392,266

Up $312,042 (+389%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,292,021Liabilities 2011: $3,492,981Net Assets 2011: $799,0402011Assets 2012: $4,477,229Liabilities 2012: $3,408,358Net Assets 2012: $1,068,8712012Assets 2013: $6,739,874Liabilities 2013: $5,772,510Net Assets 2013: $967,3642013Assets 2014: $6,546,315Liabilities 2014: $5,556,645Net Assets 2014: $989,6702014Assets 2015: $6,436,354Liabilities 2015: $5,366,460Net Assets 2015: $1,069,8942015Assets 2016: $6,544,047Liabilities 2016: $5,096,242Net Assets 2016: $1,447,8052016Assets 2017: $6,252,874Liabilities 2017: $4,637,573Net Assets 2017: $1,615,3012017Assets 2018: $6,157,437Liabilities 2018: $4,393,723Net Assets 2018: $1,763,7142018Assets 2019: $6,525,288Liabilities 2019: $4,427,418Net Assets 2019: $2,097,8702019Assets 2020: $6,319,847Liabilities 2020: $4,163,596Net Assets 2020: $2,156,2512020Assets 2021: $6,422,815Liabilities 2021: $4,007,143Net Assets 2021: $2,415,6722021Assets 2022: $5,466,099Liabilities 2022: $33,279Net Assets 2022: $5,432,8202022Assets 2023: $4,927,551Liabilities 2023: $46,964Net Assets 2023: $4,880,5872023

Highlighted filing

2016

Assets$6,544,047
Liabilities$5,096,242
Net Assets$1,447,805
Open 2016 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,340,533Expenses 2011: $2,373,747Net Income 2011: -$33,2142011Revenue 2012: $2,760,748Expenses 2012: $2,490,917Net Income 2012: $269,8312012Revenue 2013: $2,700,114Expenses 2013: $2,682,723Net Income 2013: $17,3912013Revenue 2014: $2,579,554Expenses 2014: $2,520,532Net Income 2014: $59,0222014Revenue 2015: $2,603,868Expenses 2015: $2,523,644Net Income 2015: $80,2242015Revenue 2016: $2,962,934Expenses 2016: $2,570,668Net Income 2016: $392,2662016Revenue 2017: $2,790,904Expenses 2017: $2,582,467Net Income 2017: $208,4372017Revenue 2018: $2,881,818Expenses 2018: $2,733,405Net Income 2018: $148,4132018Revenue 2019: $2,907,857Expenses 2019: $2,688,229Net Income 2019: $219,6282019Revenue 2020: $2,533,461Expenses 2020: $2,417,872Net Income 2020: $115,5892020Revenue 2021: $2,710,760Expenses 2021: $2,451,339Net Income 2021: $259,4212021Revenue 2022: $5,426,875Expenses 2022: $2,409,727Net Income 2022: $3,017,1482022Revenue 2023: $106,245Expenses 2023: $658,478Net Income 2023: -$552,2332023

Highlighted filing

2016

Revenue$2,962,934
Expenses$2,570,668
Net Income$392,266
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 19, 2016
Return Version
2015v2.1
Gross Receipts
$2,962,934
Mission and Program Overview

Mission

Organized to operate a charter school in Arizona. Prepares all students with authentic skills necessary for a meaningful and successful life. Aligned with AZ state standards and measure student progress with the AZ Instrument to Measure Standards Exam.

Organized to operate a charter school in Arizona. Prepares all students with authentic skills.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,949,615$4,991,407▲ $41,792
Cash and Non-Interest-Bearing Accounts$361,864$494,598▲ $132,734
Intangible Assets$319,029$297,356▼ $21,673
Accounts Receivable$85,551$86,114▲ $563
Prepaid Expenses and Deferred Charges$25,257$23,201▼ $2,056
Total Assets$6,436,354$6,544,047▲ $107,693
Other Assets Total$695,038$651,371▼ $43,667
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,257,649$5,039,829▼ $217,820
Accounts Payable and Accrued Expenses$108,811$56,413▼ $52,398
Total Liabilities$5,366,460$5,096,242▼ $270,218
Net Assets / Fund Balance
Unrestricted Net Assets$1,069,894$1,447,805▲ $377,911
Total Net Assets Fund Balance$1,069,894$1,447,805▲ $377,911
Total Liabilities and Net Assets / Fund Balance$6,436,354$6,544,047▲ $107,693

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,776,805$1,345,212$5,122,017
Land$1,151,872-$1,151,872
Equipment$52,698$568,170$620,868
Other Land Buildings$10,032$111,733$121,765
Other Assets Org$133,926--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dale ClinePresidentFT$140,603$140,603
Revenue and Support

Revenue Composition

Contributions and Grants
$55,793
Program Service Revenue
$2,894,769
Investment Income
$866
Other Revenue
$11,506
All Other Contributions
$55,793
Change in Net Assets
$392,266

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,962,934
Total Revenue per Audited Statements
$2,962,934
Total Revenue per Form 990
$2,962,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,431,474
Other Expenses$1,139,194
Total Fundraising Expense$21,128
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,116,550$300,609$14,315$1,431,474
Interest$196,547$52,916$2,520$251,983
Fees for Service Investment Mgmnt Fees$31,706$125,239$1,585$158,530
Depreciation Depletion$103,004$30,310$1,105$134,419
Other Expenses$68,916$16,368$861$86,145
All Other Expenses$46,459$6,255$89$52,803
Insurance$37,143$3,266$408$40,817
Information Technology$7,728$7,572$155$15,455
Advertising$1,674$6,218$80$7,972
Occupancy$892$100$10$1,002
Total Functional Expenses$1,969,874$579,666$21,128$2,570,668

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,582,228
Expenses per Audited Statements$2,570,668
Total Expenses per Form 990$2,570,668
Expenses Not Reported on Form 990$11,560
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndustrial Development Authority of the County2013-05-01$5,305,000Bond pool for construction of campuses

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,305,000---

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by BOD and signed by BOD President”

Form 990, Part VI, Section C, Line 19

“Governing docs, conflict of interest policy, and financial statement are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Paramount Education Studies Inc
EIN
43-1785236
Phone
6239770614
Address
11039 W Olive Ave, Peoria, AZ 85345

Signing Officer

Name
Dale Cline
Title
President
Signed
2016-12-19
Discuss with paid preparer
No

Organization Details

Principal Officer
Dale Cline
Formed
1997
Legal Domicile
Az
Voting Board Members
1
Independent Board Members
0
Employees
23

Preparer

Firm
Darin Guthrie CPA PLLC
Address
5956 E Pima Ste 120, Tucson, AZ 85712
Preparer
Kenneth R Scott CPA
Phone
5202074518
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

“Descriptioon of Organization Mission necessary for a meaningful and successful life. Aligned with AZ state standard and measure student progress with AZ instrument to measure standards exam.”

Financial Statement Notes

XII 2D

“Book to tax difference.”

Raw XML AppendixShowing 400 of 420 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0108811
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056413
IRS990/AccountsReceivableGrp/BOYAmt085551
IRS990/AccountsReceivableGrp/EOYAmt086114
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Organized to operate a charter school in Arizona. Prepares all students with authentic skills.
IRS990/AdvertisingGrp/FundraisingAmt080
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06218
IRS990/AdvertisingGrp/ProgramServicesAmt01674
IRS990/AdvertisingGrp/TotalAmt07972
IRS990/AllOtherContributionsAmt055793
IRS990/AllOtherExpensesGrp/FundraisingAmt089
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06255
IRS990/AllOtherExpensesGrp/ProgramServicesAmt046459
IRS990/AllOtherExpensesGrp/TotalAmt052803
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0The Organization
IRS990/BooksInCareOfDetail/PhoneNum06239770614
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011039 W Olive Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Peoria
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085345
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0361864
IRS990/CashNonInterestBearingGrp/EOYAmt0494598
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt055793
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0866
IRS990/CYOtherExpensesAmt01139194
IRS990/CYOtherRevenueAmt011506
IRS990/CYProgramServiceRevenueAmt02894769
IRS990/CYRevenuesLessExpensesAmt0392266
IRS990/CYSalariesCompEmpBnftPaidAmt01431474
IRS990/CYTotalExpensesAmt02570668
IRS990/CYTotalFundraisingExpenseAmt021128
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02962934
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt01105
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt030310
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0103004
IRS990/DepreciationDepletionGrp/TotalAmt0134419
IRS990/Desc0Operation of charter school.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01969874
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt01585
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0125239
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt031706
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0158530
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0Dale Cline
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0140603
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02962934
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0155
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07572
IRS990/InformationTechnologyGrp/ProgramServicesAmt07728
IRS990/InformationTechnologyGrp/TotalAmt015455
IRS990/InsuranceGrp/FundraisingAmt0408
IRS990/InsuranceGrp/ManagementAndGeneralAmt03266
IRS990/InsuranceGrp/ProgramServicesAmt037143
IRS990/InsuranceGrp/TotalAmt040817
IRS990/IntangibleAssetsGrp/BOYAmt0319029
IRS990/IntangibleAssetsGrp/EOYAmt0297356
IRS990/InterestGrp/FundraisingAmt02520
IRS990/InterestGrp/ManagementAndGeneralAmt052916
IRS990/InterestGrp/ProgramServicesAmt0196547
IRS990/InterestGrp/TotalAmt0251983
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0866
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0866
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02025115
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04949615
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04991407
IRS990/LandBldgEquipCostOrOtherBssAmt07016522
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Organized to operate a charter school in Arizona. Prepares all students with authentic skills necessary for a meaningful and successful life. Aligned with AZ state standards and measure student progress with the AZ Instrument to Measure Standards Exam.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05257649
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05039829
IRS990/NetAssetsOrFundBalancesBOYAmt01069894
IRS990/NetAssetsOrFundBalancesEOYAmt01447805
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt010
IRS990/OccupancyGrp/ManagementAndGeneralAmt0100
IRS990/OccupancyGrp/ProgramServicesAmt0892
IRS990/OccupancyGrp/TotalAmt01002
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0695038
IRS990/OtherAssetsTotalGrp/EOYAmt0651371
IRS990/OtherChangesInNetAssetsAmt0-14355
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Repairs
IRS990/OtherExpensesGrp/Desc1Food Service
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Supplies general
IRS990/OtherExpensesGrp/FundraisingAmt0861
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110586
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216368
IRS990/OtherExpensesGrp/ProgramServicesAmt0163651
IRS990/OtherExpensesGrp/ProgramServicesAmt1100329
IRS990/OtherExpensesGrp/ProgramServicesAmt295275
IRS990/OtherExpensesGrp/ProgramServicesAmt368916
IRS990/OtherExpensesGrp/TotalAmt0183878
IRS990/OtherExpensesGrp/TotalAmt1100329
IRS990/OtherExpensesGrp/TotalAmt2105861
IRS990/OtherExpensesGrp/TotalAmt386145
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011506
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011506
IRS990/OtherRevenueTotalAmt011506
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014315
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0300609
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01116550
IRS990/OtherSalariesAndWagesGrp/TotalAmt01431474
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025257
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023201
IRS990/PrincipalOfficerNm0Dale Cline
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0States Tuition
IRS990/ProgramServiceRevenueGrp/Desc1Other Grants
IRS990/ProgramServiceRevenueGrp/Desc2Prop 301
IRS990/ProgramServiceRevenueGrp/Desc3Program Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02327431
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1244559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2151296
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3171483
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02327431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1244559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2151296
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3171483
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt084964
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0800
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01111056
IRS990/PYOtherRevenueAmt05241
IRS990/PYProgramServiceRevenueAmt02512863
IRS990/PYRevenuesLessExpensesAmt080224
IRS990/PYSalariesCompEmpBnftPaidAmt01412588
IRS990/PYTotalExpensesAmt02523644
IRS990/PYTotalRevenueAmt02603868
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0392266
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02962934
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02961649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02597827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02578825
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02699391
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02760149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013597841
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0866
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0729
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0723
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0599
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03717
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt013597841
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02961649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02597827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02578825
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02699391
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02760149
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013597841
IRS990ScheduleA/TotalSupportAmt013601558
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03776805
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01345212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05122017
IRS990ScheduleD/EquipmentGrp/BookValueAmt052698
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0568170
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0620868
IRS990ScheduleD/ExpensesNotReportedAmt011560
IRS990ScheduleD/ExpensesSubtotalAmt02570668
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01151872
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01151872
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051770
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1465675
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2133926
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash held in escrow
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Cash held as compensatory ballance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Project Fund
IRS990ScheduleD/OtherExpensesIncludedAmt011560
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010032
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0111733
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0121765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt02962934
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Book to tax difference.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04991407
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0651371
IRS990ScheduleD/TotalExpensesPerForm990Amt02570668
IRS990ScheduleD/TotalRevenuePerForm990Amt02962934
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02962934
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02582228
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-05-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0431785236
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum072177MNZ6
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05305000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0Industrial Development Authority of the County
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0Bond pool for construction of campuses
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0457150
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt051770
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt05305000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Descriptioon of Organization Mission necessary for a meaningful and successful life. Aligned with AZ state standard and measure student progress with AZ instrument to measure standards exam.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by BOD and signed by BOD President
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing docs, conflict of interest policy, and financial statement are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06436354
IRS990/TotalAssetsEOYAmt06544047
IRS990/TotalAssetsGrp/BOYAmt06436354
IRS990/TotalAssetsGrp/EOYAmt06544047
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt055793
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021128
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0579666
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01969874
IRS990/TotalFunctionalExpensesGrp/TotalAmt02570668
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05366460
IRS990/TotalLiabilitiesEOYAmt05096242
IRS990/TotalLiabilitiesGrp/BOYAmt05366460
IRS990/TotalLiabilitiesGrp/EOYAmt05096242
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01069894
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01447805
IRS990/TotalProgramServiceExpensesAmt01969874
IRS990/TotalProgramServiceRevenueAmt02894769
IRS990/TotalReportableCompFromOrgAmt0140603
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02907141
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02962934
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06436354
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06544047
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01069894
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01447805
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011039 W Olive Ave
IRS990/USAddress/CityNm0Peoria
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085345
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Dale Cline
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Paramount Education Studies Inc

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,544,047
Liabilities
$5,096,242
Net assets
$1,447,805
Revenue
$2,962,934
Expenses
$2,570,668
Net income
$392,266
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.93$0.05$4.88$0.11$0.66$0.55
2022Summary only. Only limited summary data is available for this year.$5.47$0.03$5.43$5.43$2.41$3.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$4.01$2.42$2.71$2.45$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.32$4.16$2.16$2.53$2.42$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.53$4.43$2.10$2.91$2.69$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$4.39$1.76$2.88$2.73$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.25$4.64$1.62$2.79$2.58$0.21
2016Detailed filing. Detailed filing data is available for this year.$6.54$5.10$1.45$2.96$2.57$0.39
2015Detailed filing. Detailed filing data is available for this year.$6.44$5.37$1.07$2.60$2.52$0.08
2014Detailed filing. Detailed filing data is available for this year.$6.55$5.56$0.99$2.58$2.52$0.06
2013Summary only. Only limited summary data is available for this year.$6.74$5.77$0.97$2.70$2.68$0.02
2012Summary only. Only limited summary data is available for this year.$4.48$3.41$1.07$2.76$2.49$0.27
2011Summary only. Only limited summary data is available for this year.$4.29$3.49$0.80$2.34$2.37$0.03