Paramount Church Inc

Organization Overview

Paramount Church Inc is located in Palm Beach, FL. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paramount Church Inc 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 12/2021, Paramount Church Inc generated $9.0m in total revenue. All expenses for the organization totaled $9.8m during the year ending 12/2021. While expenses have increased by 95.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RELIGIOUS ACTIVITIES

Describe the Organization's Program Activity:

A CHURCH IS OPERATED FOR THE BENEFIT OF A CONGREGATION. IT IS OPEN TO THE PUBLIC AND PUBLICATIONS ARE ISSUED. EXCESS FUNDS ARE SENT TO OTHER RELIGIOUS ORGANIZATIONS FOR SAME PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Reverend Dwight Stevens
President
$274,395
Robert Boutwell
Director
$0
Joseph Ginadagnimo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$308,098
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$308,098
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$536,632
Net Gain/Loss on Asset Sales $9,199,016
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,970,572

Grants Awarded

Over the last fiscal year, Paramount Church Inc has awarded $8,043,586 in support to 3 organizations.

Grant RecipientAmount

SOUTH FLORIDA BIBLE COLLEGE

Org PageRecipient Profile

Deerfield Beach, FL

PURPOSE: Donation

$7,970,561

MISSIONS OF MERCY INC

Org PageRecipient Profile

Palm Beach, FL

PURPOSE: Donation

$58,025

Deerfield Beach, FL

PURPOSE: Donation

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Paramount Church Inc has recieved totaling $1,642.

Awarding OrganizationAmount
Bourne Foundation Inc

Palm Beach, FL

PURPOSE: SUPPORTING CHARITABLE ACTIVITIESSUPPORTING CHARITABLE ACTIVITIES

$1,642
View Grant Recipient Profile

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