PARAMOUNT DEVELOPMENT INC (EIN 831998197) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

JERRY FLOYD

Phone

5154232009

Tax Period

2025-01-01 to 2025-12-31

PARAMOUNT DEVELOPMENT INC, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $209K in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $36K, a strong 17% operating margin.

Mission

THE ORGANIZATION IS ORGANIZED PRIMARILY FOR THE PURPOSE OF PROVIDING DECENT, AFFORDABLE HOUSING OPPORTUNITIES FOR EXTREMELY LOW-INCOME TO MODERATE-INCOME HOUSEHOLDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $208,908

Program Service Revenue $0

Investment Income $35

Other Revenue $0

TOTAL REVENUE $208,943

Expense Breakdown

Grants Paid $87,692

Salaries & Benefits $63,271

Fundraising Expenses $3,949

Program Expenses $164,684

Other Expenses $21,619

TOTAL EXPENSES $172,582

Year-over-Year Comparison

	2025	2024	Change
Revenue	$208,943	$377,702	-0.4%
Expenses	$172,582	$403,354	-0.6%
Net Income	$36,361	$-25,652	-2.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$58,333

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY FLOYD	Executive Dir.	40.00	Officer	$58,333	$0	$58,333
KIMBERLY HANSEN	Director	1.00	Director	$0	$0	$0
DAEJOHN LOVE	Director	1.00	Director	$0	$0	$0
KEN MATTESON	Chairman	1.00	Director	$0	$0	$0
RACHELLE SETSODI	Director	1.00	Director	$0	$0	$0
ANNE TRIPLETT	Director	2.00	Director	$0	$0	$0
CHRISTY KLOBNAK	Director	1.00	Director	$0	$0	$0
SHONNA FLOYD	Secretary/Treas	8.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$208,943	$172,582	$9,360	$36,361
2024	No data	No data	No data	No data

PARAMOUNT DEVELOPMENT INC