2026-05-14T09:02:54-05:00 2025-06-30 351178661 BLUE & CO LLC 500 N MERIDIAN ST SUITE 200 INDIANAPOLIS IN 46204 990 2024-07-01 263890401 PARAMOUNT SCHOOLS OF EXCELLENCE PARA 3177756660 3020 NOWLAND AVE INDIANAPOLIS IN 46201 SCOTT SIMS CFO 3177756660 2026-05-14 1 1 TYLER K GREENE CPA P00057872 3176334705 2026-05-14 2024 2025-03-06 01:10:19Z THOMAS REDDICKS 3020 NOWLAND AVE INDIANAPOLIS IN 46201 41124690 0 X WWW.PARAMOUNTINDY.ORG X 2009 IN 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 2,800 STUDENTS, OF WHICH 65% 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. 8 7 473 40 0 0 30438354 34840068 0 5824339 373742 249687 103115 199350 30915211 41113444 30033 12300 0 0 18516522 24613241 0 0 0 11439050 15753752 29985605 40379293 929606 734151 46990984 63414366 25808198 41497429 21182786 21916937 TO INSPIRE LEARNING THROUGH AN UNPARALLELED ACADEMIC APPROACH, AND TRANSFORM COMMUNITIES BY CHANGING LIVES. 0 0 32312338 12300 6032067 PARAMOUNT'S EDUCATION FRAMEWORK AND HARDWORKING STAFF HAVE PROVEN TO BE A SUCCESSFUL COMBINATION. STATE TESTING CONSISTENTLY RANKS PARAMOUNT AMONG THE TOP CHARTER SCHOOLS IN INDIANA. RESULTS FOR THE 2019 INDIANA ILEARN ACADEMIC ASSESSMENT PLACED PARAMOUNT COTTAGE HOME AS THE TOP-PERFORMING SCHOOL WITHIN THE IPS' BOUNDARIES, AND PARAMOUNT BROOKSIDE AS THE FOURTH HIGHEST. ADDITIONALLY, PARAMOUNT COTTAGE HOME AND BROOKSIDE WERE DESIGNATED AN INDIANA "A" SCHOOL AND A 2018 U.S. BLUE RIBBON SCHOOL; COTTAGE HOME 2024 & BROOKSIDE 2018. THE EDUCATION EQUALITY INDEX RECOGNIZED PSOE FOR CLOSING THE ACHIEVEMENT GAP IRRESPECTIVELY OF A FAMILY'S INCOME. AND THE INDIANA DEPARTMENT OF EDUCATION INCLUDED PARAMOUNT AMONG THE 200 PROMISING PRACTICES FOR ACCESSIBILITY IN STEM EDUCATION. 32312338 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 90 0 1 473 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 IN X THOMAS REDDICKS 3177756660 3020 NOWLAND AVENUE INDIANAPOLIS IN 46201 TOM RUDE BOARD CHAIR 1.00 0.00 X X 0 0 0 JUDE AMU BOARD VICE CHAIR 1.00 0.00 X X 0 0 0 ELSA MENDEZ BOARD SECRETARY 1.00 0.00 X X 0 0 0 BRITTANY ELDGRIDGE BOARD TREASURER 1.00 0.00 X X 0 0 0 ASTER BEKELE BOARD MEMBER 1.00 0.00 X 0 0 0 AMANDA BISHOP BOARD MEMBER 1.00 0.00 X 0 0 0 JAMES HAZZARD BOARD MEMBER 1.00 0.00 X 72922 0 0 JENNIFER PHILLIPS BOARD MEMBER 1.00 0.00 X 0 0 0 SCOTT SIMS CFO 40.00 0.00 X 119401 0 10495 THOMAS REDDICKS EXECUTIVE DIRECTOR 40.00 0.00 X 210284 0 24265 KYLE BEAUCHAMP CHIEF ACADEMIC OFFICER 40.00 0.00 X 178355 0 13292 TARA GUSTIN COO 40.00 0.00 X 186505 0 8715 DEXTER TAYLOR PRINCIPAL 40.00 0.00 X 138183 0 26318 TIFFANY PALACIOS CHRO 40.00 0.00 X 121804 0 25660 ANTHONY BROSE PRINCIPAL 40.00 0.00 X 126482 0 16644 1153936 0 125389 27 0 1 0 KEYSTONE CONSTRUCTION CORP 47 S PENNSYLVANIOA ST 10TH FLOOR INDIANAPOLIS IN 46204 CONSTRUCTION SERVICES 934634 BJC SERVICES 84 RACQUET COURT GREENWOOD IN 46142 CONSTRUCTION SERVICES 611535 EXECUTIVE IMAGE BUILDING SERVICES 500 S POLK ST SUITE 14 GREENWOOD IN 46143 CLEANING SERVICES 495528 BOOKKEEPING PLUS INC 232 EAST MCCLARNON DRIVE GREENFIELD IN 46140 ACCOUNTING SERVICES 448448 FIRST STUDENT INC 22157 NETWORK PLACE CHICAGO IL 60673 TRANSPORTATION SERVICES 290325 12 17199 32930396 1892473 34840068 CONTRACTED SERVICE FEE 611710 5824339 5824339 5824339 249687 249687 2868 17199 11246 -8378 -8378 OTHER REVENUE 900099 207728 207728 207728 41113444 6032067 0 241309 12300 12300 380516 304413 76103 20356191 16284953 4071238 501349 401079 100270 2085660 1668528 417132 1289525 1031620 257905 4169 3335 834 539293 431434 107859 2705346 2158269 547077 592547 474038 118509 2224268 1791865 432403 4591857 3673486 918371 655528 524422 131106 547221 437777 109444 908649 726919 181730 265589 212471 53118 FOOD & FOOD PREP 1916156 1532925 383231 SOFTWARE 436881 349505 87376 DUES & SUBSCRIPTIONS 241302 193042 48260 TEXTBOOKS 65964 52771 13193 58982 47186 11796 40379293 32312338 8066955 0 9525996 9381532 842998 2991630 202163 94338 42673586 7489365 35532373 35184221 887454 15762645 46990984 63414366 3381423 3344553 4720299 4704394 17312294 27006426 394182 6442056 25808198 41497429 X 21182786 21916937 0 0 21182786 21916937 46990984 63414366 734151 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2348001 2348001 31609988 4379172 27230816 3263631 3110193 153438 5451966 5451966 35184221 DEFERRED COMPENSATION 1273964 RIGHT-OF-USE ASSETS 3131634 FUNDS HELD BY TRUSTEE 11357047 15762645 ACCRUED DEFERRED COMPENSATION 634136 OTHER LIABILITIES 3357244 RIGHT OF USE LIABILITIES 2450676 6442056 X 41124690 0 41124690 -11246 -11246 41113444 40390539 11246 11246 40379293 0 40379293 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY PARAMOUNT AND RECOGNIZE A TAX LIABILITY IF PARAMOUNT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY PARAMOUNT, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025 AND 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PARAMOUNT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -11,246. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 11,246. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 PARAMOUNT SCHOOL OF EXCELLENCE IS PROMOTED VIA ALL INTERNET AND PRINTED MATERIAL AS AN URBAN CHARTER SCHOOL OPEN TO ALL WHO APPLY, EXCEPT IF THE SCHOOL IS OVER-SUBSCRIBED, IN WHICH CASE A PUBLIC LOTTERY IS HELD FOR ALL OF THE STUDENTS WHO APPLIED DURING THE OPEN ENROLLMENT WINDOW. SCHEDULE E, PART I, LINE 6 PARAMOUNT SCHOOL OF EXCELLENCE RECEIVES STATE FUNDS THAT HAVE BEEN DESIGNATED FOR CHARTER SCHOOLS FROM THE INDIANA DEPARTMENT OF EDUCATION. THE STATE USES A FORMULA BASED ON THE NUMBER OF STUDENTS ENROLLED IN THE SCHOOL DURING THE YEAR TO DETERMINE THE AMOUNT OF FUNDS THE SCHOOL RECEIVES. APPROXIMATELY 79% OF THE SCHOOL'S FUNDING IS FROM THE INDIANA DEPARTMENT OF EDUCATION. TURN FESTIVAL 20067 17199 2868 11246 20067 17199 2868 11246 11246 -8378 X X 0 0 0 0 0 0 0 0 0 THOMAS REDDICKS EXECUTIVE DIRECTOR 210284 0 0 0 0 0 13773 0 10492 0 234549 0 0 0 TARA GUSTIN COO 186505 0 0 0 0 0 8715 0 0 0 195220 0 0 0 KYLE BEAUCHAMP CHIEF ACADEMIC OFFICER 178355 0 0 0 0 0 13292 0 0 0 191647 0 0 0 DEXTER TAYLOR PRINCIPAL 138183 0 0 0 0 0 11275 0 15043 0 164501 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS OF REVIEWING THE FORM 990 INCLUDES A DETAILED REVIEW OF THE FORM 990 AND REQUIRED SCHEDULES BY THE EXECUTIVE DIRECTOR, BOARD PRESIDENT AND TREASURER. EACH VOTING MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS REGULARLY AND CONSISTENTLY MONITORED AND COMPLIANCE ENFORCED BY THE BOARD PRESIDENT. THE SCOPE OF THIS POLICY INCLUDES ALL BOARD OF DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS. THE POLICY IS IN PLACE TO AVOID ANY DUALITY OF INTEREST OR POTENTIAL CONFLICT OF INTEREST BY FULL DISCLOSURE OF ANY SUCH POTENTIAL CONFLICT, AND BY ABSTENTION BY THE INTEREST PERSON FROM ANY VOTE ON A MATTER IN WHICH A CONFLICT EXISTS BETWEEN THE INTERESTED PERSON AND THE SCHOOL. THE COVERED PERSONS ARE TO ANNUALLY COMPLETE A CERTIFICATION FORM TO ACKNOWLEDGE THE ABSENCE OF OR EXISTENCE OF ANY CONFLICT OF INTEREST AND TO DESCRIBE SUCH EXISTENCE, IF APPLICABLE. EACH PERSON SHALL PROMPTLY FURNISH AND UPDATE CERTIFICATION TO THE SCHOOL IN THE EVENT THAT THE CERTIFICATION PREVIOUSLY FURNISHED IS NO LONGER TRUE AND COMPLETE. THE COVERED PERSONS ARE TO REFRAIN FROM ANY KNOWN OR ANTICIPATED FINANCIAL INTEREST OR RELATIONSHIP WHICH COULD REASONABLY BE EXPECTED TO CREATE A CONFLICT OF INTEREST ON ANY MATTER WHICH MIGHT COME BEFORE THE BOARD OF DIRECTORS. SELF-DISCLOSURE IS REQUIRED ON ANY POTENTIAL CONFLICTS OF INTEREST. ANY BOARD MEMBER IN CONFLICT IS TO RECUSE THEMSELVES FROM PARTICIPATING IN ANY DELIBERATION OR DECISIONS ON RELATED TRANSACTIONS. THE BOARD OF DIRECTORS REVIEWS ALL DISCLOSED CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS OF THE EXECUTIVE COMMITTEE. COMPENSATION IS REVIEWED AND APPROVED ANNUALLY. THE EXECUTIVE COMMITTEE USES INDUSTRY STANDARD DATA PRIOR TO BOARD DISCUSSION AND APPROVAL. OTHER SCHOOL'S FORM 990 INFORMATION IS USED AS COMPARABLE DATA. THE DELIBERATION, DECISION, AND APPROVAL ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MEMO. THE PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS/KEY EMPLOYEES INCLUDES A REVIEW BY THE EMPLOYEE'S DIRECT SUPERVISOR AND APPROVAL BY THE CHIEF EXECUTIVE OFFICER. COMPENSATION IS REVIEWED AND APPROVED ANNUALLY. THE CHIEF EXECUTIVE OFFICER USES INDUSTRY STANDARD DATA PRIOR TO APPROVAL OF THE COMPENSATION PACKAGE PROPOSED BY EMPLOYEE'S DIRECT SUPERVISOR. OTHER SCHOOLS' FORM 990 INFORMATION IS USED AS COMPARABLE DATA. THE REVIEW AND CONTRACTED COMPENSATION APPROVAL ARE DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C, OVERSIGHT OF AUDIT: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT AND NO PROCESSES HAVE CHANGED FROM PRIOR YEAR.