Paragon Collegiate Academy
- Assets
- $5.0m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 52
- Location
- Marysville, CA
- Founding
- 03/2012
- Data as of
- 06/2023
- EIN
- 27-0681964
Organization Overview
Paragon Collegiate Academy is located in Marysville, CA. The organization was established in 2012. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Paragon Collegiate Academy employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paragon Collegiate Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Paragon Collegiate Academy generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 8.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ALL STUDENTS WITH RIGOROUS STANDARD BASED INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A CALIFORNIA PUBLIC CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ashley Thibodeau President | OfficerTrustee | 2 | $0 |
Shannon Hensley Parent Membe | Trustee | 2 | $0 |
Ricky Samayoa Parent Membe | Trustee | 2 | $0 |
Javier Lopez Principal | OfficerTrustee | 40 | $0 |
Serafin Alvarez Vice Preside | OfficerTrustee | 40 | $82,825 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,727,794 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,032 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,893,826 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,893,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,468 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,358,895 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $398,084 |
| Payroll taxes | $91,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,243 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $151,298 |
| Advertising and promotion | $9,741 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,038 |
| Travel | $27,148 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,389 |
| Insurance | $23,548 |
| All other expenses | $340,326 |
| Total functional expenses | $3,307,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $659,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $822,113 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46,926 |
| Net Land, buildings, and equipment | $2,918,363 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $579,040 |
| Total assets | $5,025,512 |
| Accounts payable and accrued expenses | $45,340 |
| Grants payable | $0 |
| Deferred revenue | $416,513 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,190,417 |
| Other liabilities | $645,022 |
| Total liabilities | $2,297,292 |
| Net assets without donor restrictions | $2,728,220 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,025,512 |