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PARAMOUNT SCHOOLS OF EXCELLENCE'S SIX CAMPUSES EXIST TO EDUCATE K-8 GRADE STUDENTS IN AN INNOVATIVE ENVIRONMENT THAT INSTILLS HIGH EXPECTATIONS FOR SUCCESS. ESTABLISHED IN 2010, PARAMOUNT ACCOMPLISHES ITS MISSION THROUGH AN EMPHASIS ON RIGOROUS ACADEMICS, TECHNOLOGY, AND THE ENVIRONMENT. AUTHORIZED BY THE MAYOR'S OFFICE OF EDUCATION INNOVATION, THE FREE PUBLIC CHARTER SCHOOLS CURRENTLY SERVE 2,100 STUDENTS, OF WHICH 75% ARE FROM HOUSEHOLDS AT OR BELOW THE POVERTY LEVEL. RISK FACTORS FOR PARAMOUNT STUDEN,TS INCLUDE LACK OF SOCIAL AND SCHOOL READINESS, LANGUAGE BARRIERS, UNDERPERFORMING ACADEMIC ACHIEVEMENT LEVELS, AND LOW PARENTAL INVOLVEMENT. THEREFORE, IT IS ESSENTIAL THAT THE SCHOOL CONTINUALLY FIND WAYS TO REMOVE OBSTACLES THAT HAMPER EDUCATIONAL ATTAINMENT, SO PARAMOUNT'S STUDENTS REACH THEIR FULL POTENTIAL.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$30.9M
Program Spending
80%
of total expenses go to program services
Total Contributions
$30.5M
Total Expenses
▼$30M
Total Assets
$47M
Total Liabilities
▼$25.8M
Net Assets
$21.2M
Officer Compensation
→$380.7K
Other Salaries
$15.1M
Investment Income
$373.7K
Fundraising
▼$25.3K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
9
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $6.6M | Yes | 2026-03-09 |
| 2024 | Clean | Unmodified (Clean) | $8.1M | Yes | 2025-02-07 |
| 2023 | Clean | Unmodified (Clean) | $7.4M | Yes | 2024-02-13 |
| 2022 | Clean | Unmodified (Clean) | $7M | Yes | 2023-01-29 |
| 2021 | Clean | Unmodified (Clean) | $4.8M | Yes | 2022-02-02 |
| 2020 | Clean | Unmodified (Clean) | $2.9M | Yes | 2021-02-02 |
| 2019 | Clean | Unmodified (Clean) | $2.1M | Yes | 2020-02-12 |
| 2018 | Clean | Unmodified (Clean) | $1.7M | No | 2018-12-16 |
| 2017 | Clean | Unmodified (Clean) | $1.5M | No | 2017-12-20 |
| 2016 | Material Weakness | Unmodified (Clean) | $1.3M | No | 2017-01-24 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$6.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$8.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $30.9M | $30.5M | $30M | $47M | $21.2M |
| 2022 | $23.9M | $23.7M | $17.6M | $32.6M | $16M |
| 2021 | $17.7M | $17.5M | $14.2M | $26.2M | $9.7M |
| 2020 | $12.1M | $12M | $12.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Thomas Reddicks | Executive Director | 40 | $194.5K | $0 | $20.1K | $214.5K |
| Marcus Miller | CFO | 40 | $145.3K | $0 | $20.9K | $166.2K |
| Tom Rude | Board Chair | 1 | $0 | $0 | $0 | $0 |
| Jude Ami | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Peggy Blackard | Board Secretary | 1 | $0 | $0 | $0 | $0 |
| Brittany Eldgridge | Board Treasurer | 1 | $0 | $0 | $0 | $0 |
Thomas Reddicks
Executive Director
$214.5K
Hrs/Wk
40
Compensation
$194.5K
Related Orgs
$0
Other
$20.1K
Marcus Miller
CFO
$166.2K
Hrs/Wk
40
Compensation
$145.3K
Related Orgs
$0
Other
$20.9K
Tom Rude
Board Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jude Ami
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peggy Blackard
Board Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brittany Eldgridge
Board Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Kyle Beauchamp | Chief Academic Officer | 40 | $166.5K | $0 | $9,902 | $176.4K |
| Tara Gustin | COO | 40 | $145.4K | $0 | $4,892 | $150.2K |
| Tiffany Palacios | Sr. VP Human Resources | 40 | $104.6K | $0 | $21.2K | $125.8K |
Kyle Beauchamp
Chief Academic Officer
$176.4K
Hrs/Wk
40
Compensation
$166.5K
Related Orgs
$0
Other
$9,902
Tara Gustin
COO
$150.2K
Hrs/Wk
40
Compensation
$145.4K
Related Orgs
$0
Other
$4,892
Tiffany Palacios
Sr. VP Human Resources
$125.8K
Hrs/Wk
40
Compensation
$104.6K
Related Orgs
$0
Other
$21.2K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Amanda Bishop | Board Member | 1 | $0 | $0 | $0 | $0 |
| Aster Bekele | Board Member | 1 | $0 | $0 | $0 | $0 |
| Elsa Mendez | Board Member | 1 | $0 | $0 | $0 | $0 |
| James Hazzard | Board Member | 1 | $0 | $0 | $0 | $0 |
Amanda Bishop
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Aster Bekele
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elsa Mendez
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $17.3M |
| $6.3M |
| 2019 | $10.4M | $10.3M | $9.4M | $13M | $7.1M |
| 2018 | $8.3M | $8.2M | $7.1M | $12.1M | $6.2M |
| 2017 | $7.6M | $7.5M | $6.7M | $11.1M | $5M |
| 2016 | $6.5M | $6.4M | $6.1M | $10.5M | $4.1M |
| 2015 | $6M | $6M | $5.7M | $8.3M | $3.7M |
| 2014 | $5.1M | $5.1M | $4.5M | $7.9M | $3.4M |
| 2013 | $5.5M | $5.2M | $4.1M | $7.6M | $2.9M |
| 2012 | $4.7M | $4.7M | $4M | $4.8M | $1.5M |
| 2011 | $3.5M | $3.3M | $3.1M | $2.5M | $785K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
James Hazzard
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0