Civic Intelligence

Paramount Education Partnership Inc.

990EZ • Fiscal year 2019 • EIN 80-0281241

Jan 01, 2019 to Dec 31, 2019 • Filed on May 08, 2020

Organization Profilewww.paramountcity.com
16400 Colorado AveParamount, CA 90723

(562) 220-2200

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

30th percentile

-5.2%

Higher net margin than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

38th percentile

-3.4%

Faster asset growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$260,103

Down $9,289 (-3.4%) from 2018

Net Assets

Down

$260,103

Down $9,289 (-3.4%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin30th percentile

Revenue

Down

$178,995

Down $33,368 (-16%) from 2018

Expenses

Up

$188,284

Up $21,986 (+13%) from 2018

Net Income

Down

-$9,289

Down $55,354 (-120%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$300K$200K$100K$0Assets 2010: $94,741Liabilities 2010: $0Net Assets 2010: $94,7412010Assets 2011: $99,066Liabilities 2011: $0Net Assets 2011: $99,0662011Assets 2012: $107,696Liabilities 2012: $02012Assets 2013: $113,155Liabilities 2013: $0Net Assets 2013: $113,1552013Assets 2014: $120,547Liabilities 2014: $0Net Assets 2014: $120,5472014Assets 2015: $154,516Liabilities 2015: $0Net Assets 2015: $154,5162015Assets 2016: $205,599Liabilities 2016: $02016Assets 2017: $223,327Net Assets 2017: $223,3272017Assets 2018: $269,392Liabilities 2018: $0Net Assets 2018: $269,3922018Assets 2019: $260,103Net Assets 2019: $260,1032019Assets 2020: $186,346Net Assets 2020: $186,3462020Assets 2021: $168,502Net Assets 2021: $168,5022021Assets 2022: $198,847Liabilities 2022: $02022Assets 2023: $144,456Liabilities 2023: $02023

Highlighted filing

2019

Assets$260,103
Liabilities-
Net Assets$260,103
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $113,992Expenses 2010: $92,581Net Income 2010: $21,4112010Revenue 2011: $91,066Expenses 2011: $86,741Net Income 2011: $4,3252011Revenue 2012: $98,664Expenses 2012: $90,034Net Income 2012: $8,6302012Revenue 2013: $81,408Expenses 2013: $75,949Net Income 2013: $5,4592013Revenue 2014: $110,427Expenses 2014: $103,035Net Income 2014: $7,3922014Revenue 2015: $132,119Expenses 2015: $98,150Net Income 2015: $33,9692015Revenue 2016: $144,558Expenses 2016: $97,475Net Income 2016: $47,0832016Revenue 2017: $183,817Expenses 2017: $166,089Net Income 2017: $17,7282017Revenue 2018: $212,363Expenses 2018: $166,298Net Income 2018: $46,0652018Revenue 2019: $178,995Expenses 2019: $188,284Net Income 2019: -$9,2892019Revenue 2020: $75,249Expenses 2020: $149,006Net Income 2020: -$73,7572020Revenue 2021: $99,981Expenses 2021: $117,825Net Income 2021: -$17,8442021Revenue 2022: $173,414Expenses 2022: $143,069Net Income 2022: $30,3452022Revenue 2023: $128,004Expenses 2023: $182,395Net Income 2023: -$54,3912023

Highlighted filing

2019

Revenue$178,995
Expenses$188,284
Net Income-$9,289
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 8, 2020
Return Version
2019v5.0
Gross Receipts
$178,995
Mission and Program Overview

Mission

Grants and academic programs

Program Services

DescriptionGrantsExpenses
GRANTS AND SCHOLARSHIPS FOR 46 STUDENTS$146,000$96,029
PROGRAMS AND SERVICES THAT IMPROVE ACADEMIC SKILLS FOR RESIDENTS THROUGH LITERACY AND MATH ENRICHMENT PROGRAMS, HOMEWORK TUTORING AND ENGLISH AS A SECOND LANGUAGE$20,000-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT KNABEChairperson-$0--
JON TANKLAGEVice Chair-$0--
MAX MARTINEZTreasurer-$0--
GLENN CLAUSENSecretary-$0--
RUTH PEREZBoard Member-$0--
ALICIA VALADEZBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Paramount Education Partnership Inc
EIN
80-0281241
Phone
5622202200
Address
16400 COLORADO AVE, PARAMOUNT, CA 90723

Signing Officer

Name
Matt Knabe
Title
Chairperson
Signed
2020-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Fabian Chiu CPA
Address
941 LAS ROSAS DR, WEST COVINA, CA 91791-4200
Preparer
Fabian Chiu
Phone
6263154795
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.47

“Class of Activity: EDUCATION & LITERACY | Donee's Name: PARAMOUNT CARE FOUNDATION | Donee's Address: 8303 ALONDRA BLVD PARAMOUNT CA 90723 | Cash Amount Given: $20000”

Other Expenses.1001

“Advertising and Promotion $11484”

Other Expenses.1

“VIDEO PRODUCTION $10000”

Raw XML Appendix160 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GLENN CLAUSEN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021484
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0146000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt120000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt096029
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.paramountcity.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0178995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0209363
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0831961
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt019891
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/Filer/EIN0800281241
ReturnHeader/Filer/PhoneNum05622202200
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ReturnHeader/Filer/USAddress/CityNm0PARAMOUNT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/ReturnTs02020-05-08T12:13:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$260,103
Liabilities
-
Net assets
$260,103
Revenue
$178,995
Expenses
$188,284
Net income
-$9,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.44$0.00$1.28$1.82$0.54
2022Summary only. Only limited summary data is available for this year.$1.99$0.00$1.73$1.43$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.69$1.69$1.00$1.18$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.86$1.86$0.75$1.49$0.74
2019Detailed filing. Detailed filing data is available for this year.$2.60$2.60$1.79$1.88$0.09
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$2.12$1.66$0.46
2017Detailed filing. Detailed filing data is available for this year.$2.23$2.23$1.84$1.66$0.18
2016Summary only. Only limited summary data is available for this year.$2.06$0.00$1.45$0.97$0.47
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$1.32$0.98$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.10$1.03$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.81$0.76$0.05
2012Summary only. Only limited summary data is available for this year.$1.08$0.00$0.99$0.90$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.91$0.87$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$1.14$0.93$0.21