PARAMOUNT HEALTH DATA PROJECT INC

EIN: 843988197 501(c)(3) Social Science

INDIANAPOLIS, IN

Total Revenue
$222,000
Total Expenses
$339,810
Total Assets
$133,716
Net Assets
$131,301
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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
2019
Legal Domicile
IN
Principal Officer
AZURE ANGELOV
Phone
3177099949
Tax Period
2023-01-01 to 2023-12-31

PARAMOUNT HEALTH DATA PROJECT INC, founded in 2019, is a small nonprofit in the Social Science sector that reported $222K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $340K exceeded revenue, resulting in a 53% operating deficit.

Mission

PARAMOUNT HEALTH DATA PROJECT INC TAKES AN EDUCATOR-FORWARD APPROACH TO RESEARCH AND DEVELOPMENT BY LAUNCHING EVIDENCE-BASED HEALTH PROJECTS EMERGING FROM EDUCATIONAL CONTEXTS GROUNDED IN THEORY AND PRACTICE WITH THE POTENTIAL TO IMPACT COMMUNITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $222,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $222,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,866
Fundraising Expenses $0
Program Expenses $174,716
Other Expenses $175,944
TOTAL EXPENSES $339,810

Year-over-Year Comparison

2023 2022 Change
Revenue $222,000 $385,840 -0.4%
Expenses $339,810 $209,296 +0.6%
Net Income $-117,810 $176,544 -1.7%
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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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
11

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
4
$163,865
Total Directors
12
$163,865
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOMMY REDDICKS CHAIR 5.00
Officer Director
$0 $0 $0
MARY JO RATTERMAN SECRETARY 5.00
Officer Director
$32,465 $0 $32,465
JESS MONK TREASURER 5.00
Officer Director
$0 $0 $0
AZURE ANGELOV CEO, VICE CHAIR 5.00
Officer Director
$131,400 $0 $131,400
RAZIN BOUZAR DIRECTOR 1.00
Director
$0 $0 $0
LUISA MACER DIRECTOR 1.00
Director
$0 $0 $0
HEID RAUCH DIRECTOR 1.00
Director
$0 $0 $0
SHERI ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT GRADA DIRECTOR 1.00
Director
$0 $0 $0
DAVID BATERMAN DIRECTOR 1.00
Director
$0 $0 $0
ANDREA TANNER DIRECTOR 1.00
Director
$0 $0 $0
KYLE CARLSON DIRECTOR 1.00
Director
$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 No data No data No data No data
2024 No data No data No data No data
2023 $222,000 $339,810 $133,716 $-117,810
2022 $385,840 $209,296 $265,860 $176,544
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