Civic Intelligence

Paramount Education Partnership Inc.

990EZ • Fiscal year 2021 • EIN 80-0281241

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

20th percentile

-18%

Higher net margin than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

26th percentile

-9.6%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

33%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$168,502

Down $17,844 (-9.6%) from 2020

Net Assets

Down

$168,502

Down $17,844 (-9.6%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin20th percentile

Revenue

Up

$99,981

Up $24,732 (+33%) from 2020

Expenses

Down

$117,825

Down $31,181 (-21%) from 2020

Net Income

Up

-$17,844

Up $55,913 (+76%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth26th 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

2021

Assets$168,502
Liabilities-
Net Assets$168,502
Open 2021 Filing

Operations Trend

Revenue Growth69th 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

2021

Revenue$99,981
Expenses$117,825
Net Income-$17,844
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.0
Gross Receipts
$99,981
Mission and Program Overview

Mission

Grants and academic programs

Program Services

DescriptionGrantsExpenses
GRANTS AND SCHOLARSHIPS FOR 32 STUDENTS$97,000$490
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--
JAVIER GONZALEZBoard Member-$0--
GLENN CLAUSENSecretary-$0--
JOSE BACABoard 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
2022-05-05
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.33

“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.1

“FILING FEES $25”

Raw XML Appendix166 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PARAMOUNT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT KNABE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JON TANKLAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MAX MARTINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAVIER GONZALEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GLENN CLAUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOSE BACA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ALICIA VALADEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GRANTS AND ACADEMIC PROGRAMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS AND SCHOLARSHIPS FOR 32 STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROGRAMS AND SERVICES THAT IMPROVE ACADEMIC SKILLS FOR RESIDENTS THROUGH LITERACY AND MATH ENRICHMENT PROGRAMS, HOMEWORK TUTORING AND ENGLISH AS A SECOND LANGUAGE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt097000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt120000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0490
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0117825
IRS990EZ/TotalProgramServiceExpensesAmt0117000
IRS990EZ/TotalRevenueAmt099981
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.paramountcity.com
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt075249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0178995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0209363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0181150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0744738
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02667
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05667
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99240
IRS990ScheduleA/PublicSupportPY170Pct00.98250
IRS990ScheduleA/PublicSupportTotal170Amt0744738
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt075249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0178995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0209363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0181150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0744738
IRS990ScheduleA/TotalSupportAmt0750405
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: EDUCATION & LITERACY | Donee's Name: PARAMOUNT CARE FOUNDATION | Donee's Address: 8303 ALONDRA BLVD PARAMOUNT CA 90723 | Cash Amount Given: $20000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILING FEES $25
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT KNABE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
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ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0800281241
ReturnHeader/Filer/PhoneNum05622202200
ReturnHeader/Filer/USAddress/AddressLine1Txt016400 COLORADO AVE
ReturnHeader/Filer/USAddress/CityNm0PARAMOUNT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472117060
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0941 LAS ROSAS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST COVINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091791
ReturnHeader/PreparerPersonGrp/PhoneNum06263154795
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FABIAN CHIU
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-05T18:18:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KNABE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$168,502
Liabilities
-
Net assets
$168,502
Revenue
$99,981
Expenses
$117,825
Net income
-$17,844
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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits