Civic Intelligence

Paramount Education Partnership Inc.

990EZ • Fiscal year 2023 • EIN 80-0281241

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

12th percentile

-42%

Higher net margin than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

19th percentile

-27%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$144,456

Flat from 2023

Net Assets

$144,456

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Flat

$128,004

Flat from 2023

Expenses

Flat

$182,395

Flat from 2023

Net Income

Flat

-$54,391

Flat from 2023

Historical Trend

Balance Sheet Trend

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: $144,456Net Assets 2023: $144,4562023Assets 2023: $144,456Liabilities 2023: $02023

Highlighted filing

2023

Assets$144,456
Liabilities-
Net Assets$144,456

Operations Trend

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: -$54,3912023Revenue 2023: $128,004Expenses 2023: $182,395Net Income 2023: -$54,3912023

Highlighted filing

2023

Revenue$128,004
Expenses$182,395
Net Income-$54,391
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2024
Return Version
2023v5.0
Gross Receipts
$128,004
Mission and Program Overview

Mission

Grants and academic programs

Program Services

DescriptionGrantsExpenses
GRANTS AND SCHOLARSHIPS FOR 46 STUDENTS-$141,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
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
Jon Tanklage
Title
Vice Chair
Signed
2024-05-20
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

Other Revenue.1

OTHER REVENUE $16349

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: $40000

Other Expenses.1

ADMIN EXPENSES $462

Other Expenses.2

FILING FEES $125

Other Expenses.3

BANK CHARGES $8

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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAX MARTINEZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GLENN CLAUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOSE BACA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0595
IRS990EZ/OtherRevenueTotalAmt016349
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS AND SCHOLARSHIPS FOR 46 STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0141000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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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
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97510
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IRS990ScheduleA/TotalSupportAmt0655643
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER REVENUE $16349
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: EDUCATION & LITERACY | Donee's Name: PARAMOUNT CARE FOUNDATION | Donee's Address: 8303 ALONDRA BLVD PARAMOUNT CA 90723 | Cash Amount Given: $40000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADMIN EXPENSES $462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FILING FEES $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $8
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.44$1.44$1.28$1.82$0.54
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