PARAGON ASSISTED LIVING INC

EIN: 870574547 501(c)(3)

BOUNTIFUL, UT

Total Revenue
$4,402,963
Total Expenses
$2,579,929
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
UT
Principal Officer
PHILIP L BRYSON MD
Phone
8012984200
Tax Period
2020-01-01 to 2020-12-31

PARAGON ASSISTED LIVING INC, founded in 1997, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2020. Revenue surged 978% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 41% operating margin.

Mission

PROVIDE FACILITIES THAT OFFER ASSISTED LIVING SERVICES FOR THE ELDERLY

🔒

Trantor Score

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)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $47,030
Investment Income $4,355,933
Other Revenue $0
TOTAL REVENUE $4,402,963

Expense Breakdown

Grants Paid $2,270,936
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,579,929
Other Expenses $308,993
TOTAL EXPENSES $2,579,929

Year-over-Year Comparison

2020 2019 Change
Revenue $4,402,963 $408,421 +9.8%
Expenses $2,579,929 $482,066 +4.4%
Net Income $1,823,034 $-73,645 -25.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGIE ATWOOD MEMBER N/A
Director
$0 $0 $0
PHILIP L BRYSON MD CHAIRMAN N/A
Director
$0 $0 $0
HELGA H SWANSON SECRETARY N/A
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
2020 $4,402,963 $2,579,929 No data $1,823,034
2019 $408,421 $482,066 $3,062,997 $-73,645
2018 $395,199 $507,960 $3,207,137 $-112,761
Explore More Nonprofits
→Top 100 Nonprofits in Utah →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare PARAGON ASSISTED LIVING INC with other nonprofits in Utah and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.