Nonprofit · EIN 43-1785236
PARAMOUNT EDUCATION STUDIES INC
Tax-exempt · PEORIA, AZ 85345
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,384 | $770,010 | -$747,626 | $3,831,008 | $17,104 | $3,813,904 |
| June 30, 2024 | 990 | $65,186 | $769,273 | -$704,087 | $4,193,625 | $17,125 | $4,176,500 |
| June 30, 2023 | 990 | $106,245 | $658,478 | -$552,233 | $4,927,551 | $46,964 | $4,880,587 |
| June 30, 2022 | 990 | $5,426,875 | $2,409,727 | $3,017,148 | $5,466,099 | $33,279 | $5,432,820 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $147
- Investment income
- $22,237
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $200,000
- Other salaries and wages
- $143,133
- Salaries, compensation and benefits (total)
- $416,994
- Professional fundraising fees
- $0
- Legal fees
- $2,174
- Accounting fees
- $2,908
- Occupancy
- $136,616
- Travel
- $14,694
- Depreciation
- $136,204
- Program services (functional)
- $385,005
- Management and general (functional)
- $385,005
Balance sheet and other
- Total assets, start of year
- $4,193,625
- Total assets, end of year
- $3,831,008
- Total liabilities, end of year
- $17,104
- Net assets, end of year
- $3,813,904
- Land, buildings and equipment
- $3,214,449
- Net assets without donor restrictions
- $3,813,904
- Gross receipts
- $22,384
- Employees
- 6
- Year formed
- 1997
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dale R Cline | President Trustee or director, Officer | 40 | $147,068 |
990 for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dale R Cline | President Trustee or director, Officer | 40 | $161,913 |
990 for the year ended June 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dale R Cline | President Trustee or director, Officer | 40 | $181,995 |
990 for the year ended June 30, 2022: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dale R Cline | President Trustee or director, Officer | 40 | $177,467 |
Address and contacts
- Address (IRS master file)
- 11039 W OLIVE AVE, PEORIA, AZ 85345-9200
- In care of
- % DALE R CLINE
- Principal officer (990 for 2024)
- Dale R Cline, 11039 W Olive Ave, Peoria, AZ 85345
- Signed the 990
- DALE R CLINE, President
- Phone
- (623) 977-0614
- Website
- paramountacademy.com
- Return prepared by
- Rob Paull CPA PC
Mission
The Schools mission is to prepare all students with authentic skills necessary for a meaningful and successful life.
Program accomplishments
- The organization is preparing to open a new educational institution.Expenses $385,005
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 43-1785236
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $3,831,008
- Income (IRS master file)
- $22,384
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,384 | $770,010 | $3,831,008 | IRS |
| 990 | June 2024 | $65,186 | $769,273 | $4,193,625 | IRS |
| 990 | June 2023 | $106,245 | $658,478 | $4,927,551 | XML |
| 990 | June 2022 | $5,426,875 | $2,409,727 | $5,466,099 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-1785236).
Questions about PARAMOUNT EDUCATION STUDIES INC
- What is the EIN of PARAMOUNT EDUCATION STUDIES INC?
- The employer identification number (EIN) of PARAMOUNT EDUCATION STUDIES INC is 43-1785236.
- Is PARAMOUNT EDUCATION STUDIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to PARAMOUNT EDUCATION STUDIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PARAMOUNT EDUCATION STUDIES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of PARAMOUNT EDUCATION STUDIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PARAMOUNT EDUCATION STUDIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PARAMOUNT EDUCATION STUDIES INC?
- The 990 for the year ended June 30, 2025 names Dale R Cline.
- Who are the officers and directors of PARAMOUNT EDUCATION STUDIES INC?
- The 990 for the year ended June 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $147,068 (Dale R Cline, President).
- How much revenue does PARAMOUNT EDUCATION STUDIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,384, expenses of $770,010 and total assets of $3,831,008 at year end.
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