Overview
What is Paragon Academy Of Technology Inc?
Paragon Academy of Technology Inc, situated in Hollywood, Florida, is a nonprofit organization primarily focused on providing education to children. Funded by the State of Florida, the organization operates as a charter school within Broward County. Through its educational programs, Paragon Academy aims to equip children with essential knowledge and skills, contributing to their overall development. The institution's commitment to education is evident in its mission and activities, demonstrating its dedication to the community and the future of its students.
Official website here: www.sunshine-elementary.com/paragon-middle
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 24%, Zero-Star out of Four Star rating.
Paragon Academy Of Technology Inc has received a low score of 24% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The lack of independent board members and missing financial statements raise questions about governance and transparency. Additionally, the organization does not have a whistleblower policy or a document retention policy, which are essential for operational integrity.
On the positive side, the nonprofit does have its website listed on its tax form and has a documented conflict of interest policy. However, its financial health appears troubling, as evidenced by a high liabilities to assets ratio of 95.16%. This suggests that the organization may face challenges in meeting its financial obligations, which could impact its long-term sustainability and ability to serve its mission effectively.
Overall, the significant deficiencies in accountability and financial oversight overshadow the few positives, pointing to a need for substantial improvements in governance practices to enhance trust and operational effectiveness. The low program expense ratio also indicates that the majority of funds may not be directed toward program services, which further complicates the organization's standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Paragon Academy Of Technology Inc legitimate?
Paragon Academy Of Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paragon Academy Of Technology Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $74,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sunshine-elementary.com/paragon-middle
What is the mission statement of Paragon Academy Of Technology Inc?
Paragon Academy of Technology Inc is dedicated to providing education to children. As a charter school, it operates within Broward County, Florida, with funding from the State of Florida. Its mission is centered around educating children, aiming to equip them with the knowledge and skills necessary for their development. The organization does not specify any particular focus or approach to education in its provided information.
Official website here: www.sunshine-elementary.com/paragon-middle
Who is the CEO of Paragon Academy Of Technology Inc?
Jack Mayer Naranjo Rosenzweig is the Chairman of Paragon Academy Of Technology Inc.
Official website here: www.sunshine-elementary.com/paragon-middle
What is the revenue of Paragon Academy Of Technology Inc?
Paragon Academy Of Technology Inc's revenue in 2022 was $1,260,482.
Official website here: www.sunshine-elementary.com/paragon-middle
Who are the executives of Paragon Academy Of Technology Inc and what are their salaries?
The average compensation at Paragon Academy Of Technology Inc during 2022 was $2,027. There are 37 employees at Paragon Academy Of Technology Inc.
Here are 5 key members and their salaries:
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- Compensation: $74,992
- Related: $74,992
- Other: $0
Official website here: www.sunshine-elementary.com/paragon-middle
Where can I find the form 990 for Paragon Academy Of Technology Inc?
Paragon Academy Of Technology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunshine-elementary.com/paragon-middle
Learn more at the official website: www.sunshine-elementary.com/paragon-middle
Mission Statement of Paragon Academy Of Technology Inc
Paragon Academy of Technology Inc, as a charter school, is dedicated to providing quality education to children. Situated in Broward County, Florida, this organization receives funding from the State of Florida. Its mission is centered around fostering the intellectual growth and development of young minds, ensuring they receive a well-rounded education. The school's operations are geared towards preparing its students for future academic and personal success.
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Impact
October, 2024
Paragon Academy of Technology Inc plays a vital role in the educational landscape of Broward County, Florida, by providing quality education to children through its charter school program. Located in Hollywood, FL, the academy focuses on delivering innovative and engaging learning experiences that cater to the diverse needs of its students.
By operating under the support of the State of Florida, Paragon Academy not only enhances the educational opportunities available in the community but also contributes to the development of well-rounded, informed, and skilled individuals prepared for future challenges. The school's emphasis on technology and advanced learning methodologies empowers students to thrive in an increasingly digital world, fostering critical thinking and problem-solving skills.
The impact of Paragon Academy extends beyond the classroom, as it encourages family and community involvement, creating a supportive environment for students. Through its commitment to education, the organization plays a significant role in shaping the future of children in the region, ultimately contributing to the betterment of the entire community.
This information is meant to be a general summary of Paragon Academy Of Technology Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $21,675
- Gross Receipts: $1,260,482
Assets and Liabilities:
- Total Assets: $2,708,676
- Total Liabilities: $2,483,660
- Net Assets: $225,016
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Organization Details
Founding Year
2004
Phone
(954) 925-0155Principal Officer
Jack Mayer Naranjo Rosenzweig
Main Address
502 North 28th Avenue, Hollywood, FL, 33020
NTEE Category
Code: B29 - Education
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