PARAMOUNT CARE FOUNDATION

Financial Trends

Organization Details

PARAMOUNT CARE FOUNDATION, founded in 2001, is a small nonprofit in the Human Services sector that reported $151K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $32K, a strong 21% operating margin.

Mission

PART 1 LINE 1 AND PART III LINE 1ORGANIZATION'S MISSIONPARAMOUNT CARE FOUNDATION IS A NONPROFIT CORPORATION THAT PRIMARILY EXISTS TO SERVE THE LOW-INCOME AND UNDER-SERVED RESIDENTS OF PARAMOUNT, CA. THE FOUNDATION'S MAIN FOCUS IS AFTER-SCHOOL AND YOUTH PROGRAMMING, BUT OTHER COMMUNITY SERVICES ARE ALSO PROVIDED, INCLUDING A FOOD BANK, HEALTH SERVICES, "GET FIT', AND VARIOUS SPECIAL EVENTS THROUGHOUT THE YEAR.THE MISSION OF PARAMOUNT CARE FOUNDATION IS TO SERVE THE RESIDENTS OF PARAMOUNT, CA BY WORKING WITH STUDENTS AND PARENTS TO RAISE STUDENTS' PROFICIENCY IN ACADEMIC STUDIES, FOSTERING A HIGH MORAL CODE AMONG STUDENTS, PROVIDING A SPORTS PROGRAM AS AN ALTERNATIVE TO GANGS, ASSISTING THE LESS FORTUNATE TOWARDS SELF-SUFFICIENCY, AND PROVIDING INTERMITTENT EVENTS TO BE A LIGHTHOUSE TO THE LESS FORTUNATE IN THE COMMUNITY.AFTER SCHOOL PROGRAMTHE FOUNDATION'S AFTER-SCHOOL PROGRAM HAS BEEN SERVING STUDENTS SINCE ITS INCEPTION IN 2001. A VARIETY OF SERVICES ARE PROVIDED TO STUDENTS, INCLUDING HOMEWORK HELP, RECREATION, AND ENRICHMENT ACTIVITIES. IN ADDITION TO PROVIDING THESE FUNDAMENTAL SERVICES, THE FOUNDATION ALSO HAS "FUN FRIDAYS" EACH WEEK WHERE STUDENTS PARTICIPATE IN GAMES AND CRAFTS. THE PROGRAM IS OPEN TO ALL STUDENTS ENTERING GRADES K THROUGH 6. THE COST IS $30 PER STUDENT EACH MONTH. THE PROGRAM RUNS MONDAY THROUGH FRIDAY FROM 2:45PM TO 6:00 PM FOR 35 WEEKS OF THE YEAR.SUMMER DAY CAMPTHE FOUNDATION SPONSORS AN EXCITING SUMMER PROGRAM FIVE DAYS A WEEK FOR CHILDREN FROM 1ST GRADE THROUGH 6TH GRADE. THE PROGRAM INCLUDES FIELD TRIPS, LEARNING ABOUT DIFFERENT CAREERS, ADN TIME FOR FUN AND RECREATION. EACH YEAR HAS A DIFFERENT EDUCATIONAL THEME. PAST THEMES HAVE INCLUDED "ANIMAL PLANT" (FOR STUDYING ANIMALS IN THEIR DIFFERENT HABITATS) AND "EXPLORE YOUR FUTURE" (FOR LEARNING ABOUT DIFFERENT CAREERS). FIELD TRIPS HAVE INCLUDED WATER SLIDES, ICE RINKS, THE SCINECE CENTER, AND VARIOUS PARKS. THE COST IS $80 PER WEEK.ABOVE THE RIM BASKETBALLTHE FOUNDATION PROVIDES A SAFE PLACE FOR BASKETBALL PLAYERS OF ALL AGES, GENDER, AND SKILL LEVELS TO COMPETE IN ELEVEN WEEKS OF GAMES IN AN ENCOURAGING ENVIRONMENT. FALL AND SPRING SESSION ARE HELD. AT THE END OF THE SPRING SESSION, ALL PARTICIPANTS ARE INVITED TO A CELEBRATION WITH A BARBECUE, GAMES, AND PRIZE RAFFLE. THE COST OF THE PROGRAM IS $15 PER PLAYER, WHICH INCLUDES A TEAM SHIRT. GAMES ARE HELD ON MONDAY EVENINGS FROM 6:30 PM TO 9:30 PM.PROJECT HOPETHIS PROGRAM PROVIDES DAILY ESSENTIALS TO LOWER-INCOME INDIVIDUALS AND FAMILIES. CONSISTENT SUPPORT IS OFFERED THROUGH A FRIDAY FOOD DISTRIBUTION AND POP-UP SHOP (WHICH DISTRIBUTES FREE CLOTHING). AN AVERAGE OF 200 RECIPIENTS ARE SERVED WEEKLY.SEASONAL EVENTS INCLUDE:1. A RUNNING START - BACK-TO-SCHOOL EVENTS (PROVIDES LOW-COST BACKPACKS AND UNIFORM TOPS)2. SHARING THE HARVEST - THANKSGIVING MEAL ASSISTANCE3. CHILDREN'S CHRISTMAS STORE - PROVIDES LOW-COST GIFTS AND WRAPPING 4. SHARING THE BLESSINGS - EASTER MEAL ASSISTANCE

Financial Overview (2023)

Year-over-Year Comparison

Governance

Special Practices & Reported Activities

Compensation of Officers, Directors & Key Employees

Historical Data