Paramount Education Partnership Inc
- Assets
- $168.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paramount, CA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 80-0281241
Organization Overview
Paramount Education Partnership Inc is located in Paramount, CA. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paramount Education Partnership 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 12/2021, Paramount Education Partnership Inc generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $117.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS AND ACADEMIC PROGRAMS
Describe the Organization's Program Activity:
Part 3
GRANTS AND SCHOLARSHIPS FOR 42 STUDENTS
PROGRAMS AND SERVICES THAT IMPROVE ACADEMIC SKILLS FOR RESIDENTS THROUGH LITERACY AND MATH ENRICHMENT PROGRAMS, HOMEWORK TUTORING AND ENGLISH AS A SECOND LANGUAGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Knabe Chairperson | 1 | $0 | |
Glenn Clausen Secretary | 1 | $0 | |
Javier Gonzalez Board Member | 1 | $0 | |
Jon Tanklage Vice Chair | 1 | $0 | |
Max Martinez Treasurer | 1 | $0 | |
Jose Baca Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $99,981 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,981 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $117,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,502 |
| Other assets | $0 |
| Total assets | $168,502 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,502 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Paramount Education Partnership Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Air Products Foundation Allentown, PA PURPOSE: SUPPORT TOWARD PEP COLLEGE SCHOLARSHIPS AND OTHER VARIOUS PEP PROGRAMS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |