PARAGON INSTITUTE OF INNOVATION (EIN 851216282) - 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

2020

Legal Domicile

Principal Officer

EXECUTIVE DIRECTOR

Phone

3057538431

Tax Period

2024-01-01 to 2024-12-31

PARAGON INSTITUTE OF INNOVATION, founded in 2020, is a micro nonprofit in the Science & Technology sector that reported $18K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $35K exceeded revenue, resulting in a 94% operating deficit.

Mission

THE CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR PUBLIC AND CHARITABLE PURPOSES.THE SPECIFIC PURPOSE OF THE CORPORATION IS TO CULTIVATE THE NEXT WAVE OF BRILLIANT MINDS THROUGH THINK TANK PROJECTS FOR SCIENCE, TECHNOLOGIES AND ECONOMIC DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $18,089

TOTAL REVENUE $18,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,952

Other Expenses $35,094

TOTAL EXPENSES $35,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,089	$313,627	-0.9%
Expenses	$35,094	$402,661	-0.9%
Net Income	$-17,005	$-89,034	-0.8%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MICHELLE GONZALEZ	Executive Dir.	Director	$0	$0	$0
PETE ANTICO	Secretary/TREAS	Director	$0	$0	$0
PEIPEI ALENA YUAN	DIR COMM OUTREA	Director	$0	$0	$0
BRIAN HANFORD	DIR COMMUNICATI	Director	$0	$0	$0
ELIE DAHER	DIR OPERATIONS	Director	$0	$0	$0
DR VALERIE THOMAS	DIR INNOVATION	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
2024	$18,089	$35,094	$1,090,536	$-17,005
2023	$313,627	$402,661	$1,107,041	$-89,034
2022	$475,154	$550,701	$1,239,308	$-75,547
2021	$804,571	$50,654	$753,917	$753,917

PARAGON INSTITUTE OF INNOVATION