INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PARAMOUNT SCHOOLS OF EXCELLENCE, founded in 2009, is a mid-sized nonprofit in the Education sector that reported $30.9M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $30.0M left a modest 3% surplus.
PARAMOUNT SCHOOLS OF EXCELLENCE'S SIX CAMPUSES EXIST TO EDUCATE K-8 GRADE STUDENTS IN AN INNOVATIVE ENVIRONMENT THAT INSTILLS HIGH EXPECTATIONS FOR SUCCESS. ESTABLISHED IN 2010, PARAMOUNT ACCOMPLISHES ITS MISSION THROUGH AN EMPHASIS ON RIGOROUS ACADEMICS, TECHNOLOGY, AND THE ENVIRONMENT. AUTHORIZED BY THE MAYOR'S OFFICE OF EDUCATION INNOVATION, THE FREE PUBLIC CHARTER SCHOOLS CURRENTLY SERVE 2,100 STUDENTS, OF WHICH 75% ARE FROM HOUSEHOLDS AT OR BELOW THE POVERTY LEVEL. RISK FACTORS FOR PARAMOUNT STUDEN,TS INCLUDE LACK OF SOCIAL AND SCHOOL READINESS, LANGUAGE BARRIERS, UNDERPERFORMING ACADEMIC ACHIEVEMENT LEVELS, AND LOW PARENTAL INVOLVEMENT. THEREFORE, IT IS ESSENTIAL THAT THE SCHOOL CONTINUALLY FIND WAYS TO REMOVE OBSTACLES THAT HAMPER EDUCATIONAL ATTAINMENT, SO PARAMOUNT'S STUDENTS REACH THEIR FULL POTENTIAL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $30,915,211 | $24,940,756 | +0.2% |
| Expenses | $29,985,605 | $20,704,367 | +0.4% |
| Net Income | $929,606 | $4,236,389 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TOM RUDE | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDE AMI | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PEGGY BLACKARD | BOARD SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRITTANY ELDGRIDGE | BOARD TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ASTER BEKELE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMANDA BISHOP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES HAZZARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELSA MENDEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS REDDICKS | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$194,464 | $20,071 | $214,535 |
| MARCUS MILLER | CFO | 40.00 |
Officer
|
$145,270 | $20,930 | $166,200 |
| TARA GUSTIN | COO | 40.00 |
Highest
|
$145,351 | $4,892 | $150,243 |
| KYLE BEAUCHAMP | CHIEF ACADEMIC OFFICER | 40.00 |
Highest
|
$166,502 | $9,902 | $176,404 |
| TIFFANY PALACIOS | SR. VP HUMAN RESOURCES | 40.00 |
Highest
|
$104,562 | $21,232 | $125,794 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $30,915,211 | $29,985,605 | $46,990,984 | $929,606 |
| 2023 | $24,940,756 | $20,704,367 | $42,235,427 | $4,236,389 |
| 2022 | $23,881,442 | $17,588,627 | $32,624,860 | $6,292,815 |
| 2021 | $17,668,057 | $14,226,299 | $26,182,801 | $3,441,758 |
| 2020 | $12,116,236 | $12,930,638 | $17,346,083 | $-814,402 |
| 2019 | $10,358,700 | $9,421,641 | $12,960,535 | $937,059 |
Compare PARAMOUNT SCHOOLS OF EXCELLENCE with other nonprofits in Indiana and across the country.