2022-02-28T16:58:34-06:00 2021-06-30 860558065 HEINFELD MEECH & CO PC 1365 N SCOTTSDALE RD STE 300 SCOTTSDALE AZ 85257 990 2020-07-01 860911513 Paragon Management Inc dba Paradise Schools PARA 6234557400 12775 North 175th Avenue Surprise AZ 85388 Patrick Schrader Executive Director 6234557400 2022-02-28 1 Patrick Schrader 999009999 Jennifer L Shields CPA CGFM P01882954 6022779449 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Paradise Schools Dr Patrick Schrader 12775 North 175th Avenue Surprise AZ 85388 26333543 0 X www.paradiseschools.org X 1998 AZ Provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community. 4 4 382 1397 0 0 22527414 25861770 898068 439826 242515 -27732 228368 59679 23896365 26333543 0 0 0 0 15396400 16976856 0 0 0 7183505 8139182 22579905 25116038 1316460 1217505 66518466 65223606 63734600 61222235 2783866 4001371 X Provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community. 0 0 20254823 499505 K-12 Public Education: The Organization is an Arizona Public Charter School. Its primary objective is to provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community. A primary goal of the School has been to earn and maintain high marks in Arizona's system of rating schools based on student achievement. The Arizona Department of Education gave 'A' ratings to both campuses (Elementary and High School) for school years 2016-17 and 2017-18 and to the High School in 2018-19. U.S. News and World Report recognized the high school as being one of America's best in multiple years, the most recent in 2019. Scores on the AzMerit test exceeded results for the State and neighboring schools for both campuses in the years ending in 2016, 2017 and 2018 and for all but 6th and 8th grade for 2019. There was no state-wide testing in 2020 due to the pandemic. Scores on the AzM2 test for 2021 exceeded results for the State except for Math in 8th and 10th grade which were slightly below the State average scores. 20254823 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 382 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Dan Bigler 6234557400 12775 North 175th Avenue Surprise AZ 85388 Jerry Salcedo Board Member 1.00 X X 0 0 0 Richard Marstella Board Member 1.00 X X 0 0 0 Dennis Bloodworth Board Member 1.00 X X 0 0 0 Mike Gent Board Member 1.00 X X 0 0 0 Laura Keith Board Member 1.00 X X 0 0 0 Patrick Schrader Executive Director 40.00 X 97149 0 14972 Ed McDonald Assistant Director 40.00 X 87486 0 23269 Dan Bigler Finance Director 30.00 X 78340 0 6982 Karla Mueller-Schrader Psychologist 40.00 X 108621 0 6687 Bridget Duzy Principal 40.00 X 100739 0 23269 472335 0 75179 2 0 0 0 Low Mountain Constr Inc 4105 N 20th St Ste 205 Phoenix AZ 85016 Building Contractor 6952645 Eleutheria LLC 13385 W McDowell Road Goodyear AZ 85395 Special education 506621 Sodexo PO Box 360170 Pittsburgh PA 15251 Student Meals 439614 Plan B Facility Services PO Box 7758 Surprise AZ 85374 Janitorial services 274175 Turf Equipment Source 1101 N 27th Ave Phoenix AZ 85009 Field Maintenance 122610 5 25694731 167039 25861770 Enrichment Program 611710 155064 155064 Cubs Connection Progra 611710 100219 100219 Food Service Revenue 611710 75822 75822 Kiddie Paradise Progra 611710 46182 46182 Athletic Fees 611710 41047 41047 21492 21492 439826 -27732 -27732 Miscellaneous Revenue 611710 28904 28904 PEP Booster 611710 7300 7300 23475 23475 59679 26333543 499505 0 -27732 287423 287423 12393271 10621141 1772130 1440726 1196842 243884 1912076 1545263 366813 943360 792356 151004 845008 682551 162457 1418285 1231887 186398 136932 136932 1211855 1211855 2236508 1986834 249674 1516270 1347000 169270 Food Service 407439 407439 Tuition 79616 79616 Fieldtrips 66012 66012 221257 160950 60307 25116038 20254823 4861215 0 3853946 5335810 10017 10018 298670 280575 2454 65154236 12949772 47271304 52204464 15084529 7390285 66518466 65223606 3757592 2237241 56886 15879 59732901 58854053 74868 112353 115062 63734600 61222235 X 2180139 3382769 603727 618602 2783866 4001371 66518466 65223606 1217505 0 X 0 1 X 1 1 1 X 5760195 5760195 51059700 7905178 43154522 6547294 3962791 2584503 1787047 1081803 705244 52204464 Restricted cash and investments held with trustee 7353872 Deposits 36413 7390285 Due to Student Groups 114574 Due to Others 488 115062 X 26333543 0 26333543 0 26333543 25116038 0 25116038 0 25116038 Part X, Line 2: Management has evaluated the tax positions taken or expected to be taken, if any, on its exempt School filings, and the likelihood that upon examination those positions would be sustained. Based on the results of this evaluation, management believes there are no uncertain tax positions. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The Organization publicizes its racially nondiscriminatory policy on its website and on its registration forms. The Organization uses the internet rather than newspaper or broadcast media because it is a more effective way to contact the public in the area it serves. Schedule E, Part I, Line 6 The Organization is a public charter school that receives per pupil Arizona state aid funding to educate its students. A Industrial Development Authority of the County of Maricopa 860445263 56681NAX5 2016-10-18 47921278 Refund 03, 06, 10 bonds; refinance outstding loan, construct & equip bldings 0 0 0 B Industrial Development Authority of the County of Maricopa 860445263 56681NDU8 2019-10-31 15059032 Purchase land, construct and equip buildings 0 0 0 A 2410000 47921278 2931250 250068 27943254 969393 18350000 2017 1 1 1 1 B 15059032 790400 360299 522458 12715109 670766 2021 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 Date Rebate Computation Performed Issuer Name: Industrial Development Authority of the County of Maricopa Date the Rebate Computation was Performed: 07/16/2021 Form 990, Part VI, Section B, line 11b A copy of the Form 990 will be provided to the Governing Board members to review in advance of a meeting. At the meeting, it will be discussed as part of an agenda item and any questions addressed. Once the Governing Board members have approved the return, the tax preparer is notified to finalize and file. Form 990, Part VI, Section B, line 12c All transactions are reviewed by the Executive Director, Finance Director, and Accounting Manager for potential or actual conflicts. The persons covered by the policy include the Director, officer or member of a committee, or any person in a position to exercise substantial influence of the affairs of the Corporation who has a direct or indirect financial interest. Appropriate disciplinary action would be taken against any person that does not adequately disclose their conflict of interest. Form 990, Part VI, Section B, line 15 A comparison of salaries was performed in 2006. Since that time compensation remained the same for 5 years due to reduced state aid budget and was increased by 2% or less in 10 years for cost of living. Form 990, Part VI, Section C, line 19 Governing Board meeting and agenda notices are posted at the School and on the school's website. Financial statements are forwarded to the State and posted to their website. Monthly financials are available at the Board meetings. Conflict of interest is addressed in policy DJ of the Paradise Schools ASBA policy book located in the "Governing Board" link of the Organization's website.