Paradigm High School is located in South Jordan, UT. The organization was established in 2008. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2023, Paradigm High School employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paradigm High School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Paradigm High School generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL SERVING GRADES 7-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ONE PUBLIC CHARTER SCHOOL FOR STUDENTS FROM SEVENTH TO TWELTH GRADE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Conley Board Chair | OfficerTrustee | 1 | $0 |
Jason Hall Vice Chair | OfficerTrustee | 1 | $0 |
Brenda Petru Secretary | OfficerTrustee | 1 | $0 |
Carol Davis Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Simpson Board Member | Trustee | 1 | $0 |
Rachel Howells Board Member | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,064,614 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,100,710 |
| Total Program Service Revenue | $216,656 |
| Investment income | $102,997 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,220 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,421,583 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,879 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,573,961 |
| Pension plan accruals and contributions | $49,486 |
| Other employee benefits | $226,112 |
| Payroll taxes | $24,054 |
| Fees for services: Management | $79,631 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,641 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,973 |
| Advertising and promotion | $49,829 |
| Office expenses | $0 |
| Information technology | $51,560 |
| Royalties | $0 |
| Occupancy | $35,993 |
| Travel | $56,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $414,601 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $183,323 |
| Insurance | $24,940 |
| All other expenses | $5,867 |
| Total functional expenses | $4,323,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,595 |
| Savings and temporary cash investments | $216,663 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $246,683 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,700 |
| Net Land, buildings, and equipment | $5,569,427 |
| Investments—publicly traded securities | $2,970,673 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,330,741 |
| Accounts payable and accrued expenses | $350,014 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $8,085,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,435,014 |
| Net assets without donor restrictions | -$745,490 |
| Net assets with donor restrictions | $1,641,217 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,330,741 |