Paragon Support Systems Inc
- Assets
- $2.6m
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 88
- Location
- Wyandotte, MI
- Founding
- 10/1997
- Data as of
- 09/2023
- EIN
- 38-3306379
Organization Overview
Paragon Support Systems Inc is located in Wyandotte, MI. The organization was established in 1997. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 09/2023, Paragon Support Systems Inc employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paragon Support Systems Inc 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 09/2023, Paragon Support Systems Inc generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $3.3m during the year ending 09/2023. While expenses have increased by 2.0% per year over the past 4 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
VOCATIONAL/JOB PLACEMENT SERVICESSTAFFING AGENT / RESIDENTIAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023 WE ADDED A FEW MORE EMPLOYEES WHICH MADE US ABLE TO ADD MORE DAYS AND CLIENTS TO OUR ROSTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Kaiser Executive Dir | OfficerTrustee | 60 | $160,450 |
Jordan Malos Board Member | Trustee | 2 | $0 |
Ronald Blanchard Board Member | Trustee | 2 | $0 |
Terri Rush Secretary | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,657,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,657,040 |
| Total Program Service Revenue | $172,755 |
| Investment income | $7,681 |
| 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 | $4,851,525 |
| 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. | $160,450 |
| Compensation of current officers, directors, key employees. | $160,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,031,683 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $266,493 |
| Payroll taxes | $190,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $84,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,370 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,067 |
| Travel | $266 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,599 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,590 |
| Insurance | $36,004 |
| All other expenses | $247,192 |
| Total functional expenses | $3,255,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,779,908 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $277,126 |
| 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 | $0 |
| Net Land, buildings, and equipment | $521,176 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,578,210 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $97,875 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $112,718 |
| Total liabilities | $210,593 |
| Net assets without donor restrictions | $2,367,617 |
| 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 | $2,578,210 |