Overview
What is Paragon Support Systems Inc?
Paragon Support Systems Inc, a nonprofit organization situated in Wyandotte, Michigan, has been navigating the challenging circumstances of the 2021/22 fiscal year, including health concerns, financial declines, and staffing shortages. Despite these challenges, the organization has maintained its commitment to providing 24-hour residential services and respite for families. The dedication and resilience of their frontline workers have been instrumental in delivering these services during the pandemic. Although skill building programs had to close temporarily, Paragon's diverse services and Covid-19 grants helped the organization to survive. Paragon also launched an online skill building program, connecting enrollees virtually and continuing their skill development, all while keeping them safe and engaged. Their financial commitments were met through these efforts and grants, and they recognized their frontline workers with rewards for their bravery and resilience. However, the ongoing staffing shortages continue to hinder the organization's ability to serve those in need effectively. Paragon is collaborating with the Michigan Assistant Living Association to advocate for better wages for staff and increased fees for services, aiming to improve the situation in Lansing. In summary, Paragon Support Systems Inc is a resilient nonprofit providing vocational/job placement services and residential care, dedicated to supporting its community despite the challenges they face.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Paragon Support Systems Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong performance in Accountability & Finance. The organization scored an overall 90%, indicating a robust financial health and governance structure. This rating is particularly notable as it is based entirely on a single beacon score, emphasizing the high standards of transparency and accountability upheld by the nonprofit.
The charity demonstrates significant strengths, including an independent board comprising 100% of its members and a perfect score for its financial oversight and audit practices. Additionally, Paragon Support Systems has established policies such as conflict of interest and whistleblower protections, further enhancing its governance framework. With a program expense ratio of 87.66%, the majority of its funding is directed towards its programs, affirming its commitment to impactful service.
While the financial indicators are impressive, the working capital ratio of 0.84 years may suggest a need for careful management of resources to ensure sustainability. Nevertheless, the absence of any liabilities for loans to officers and the high fundraising efficiency ratio of $0.00 indicate prudent financial practices. Overall, Paragon Support Systems Inc stands out as a reliable nonprofit dedicated to its mission, with sound financial management practices.
This AI summary has been generated from information found on Charity Navigator.
Is Paragon Support Systems Inc legitimate?
Paragon Support Systems Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paragon Support Systems 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,921,332
For more financial information, click here
What is the mission statement of Paragon Support Systems Inc?
Paragon Support Systems Inc's mission, in the face of challenging circumstances during the 2021/22 fiscal year, revolves around providing vocational and job placement services, as well as residential support. Despite the pandemic-induced uncertainties, health concerns, financial declines, and a staffing shortage crisis, the organization demonstrated resilience by delivering essential services. Their frontline workers demonstrated dedication and commitment, working tirelessly throughout the pandemic. Although skill-building programs had to be temporarily closed, Covid-19 grants and a diversified service portfolio helped Paragon survive.
The organization also developed an online skill-building program, enabling enrollees to continue learning virtually, bridge isolation, and connect with their peers. The enrollees appreciated Paragon's unwavering commitment to serve their fragile population, keeping them safe, healthy, and engaged. Financial commitments were met through these efforts, grants, and rewards for frontline workers. However, staffing shortages persist as a barrier, impacting the organization's ability to reach those in need on the waiting list. Paragon is collaborating with Michigan Assistant Living Association to advocate for better staff wages and increased service fees through legislative processes.
Who is the CEO of Paragon Support Systems Inc?
Terri Rush is the Secretary of Paragon Support Systems Inc.
What is the revenue of Paragon Support Systems Inc?
Paragon Support Systems Inc's revenue in 2022 was $2,490,122.
Who are the executives of Paragon Support Systems Inc and what are their salaries?
The average compensation at Paragon Support Systems Inc during 2022 was $1,921,332. There is 1 employee at Paragon Support Systems Inc.
Here are 4 key members and their salaries:
- Compensation: $148,120
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Paragon Support Systems Inc?
Paragon Support Systems Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Paragon Support Systems Inc
Paragon Support Systems Inc, a dedicated organization, is primarily focused on providing vocational and job placement services, acting as a staffing agent and offering residential services. Their mission is to empower individuals, particularly those who are vulnerable, by assisting them in securing employment and providing residential support. Despite the challenges of the 2021/22 fiscal year, marked by health uncertainties, financial declines, and a staffing shortage crisis, Paragon demonstrated resilience. They continued delivering services at their 24-hour residential sites and respite services for families, with their dedicated frontline workers showing commendable commitment throughout the pandemic.
During the pandemic, Paragon had to temporarily close their skill building programs. However, they innovated by developing an online skill building program, which allowed them to reach their enrollees virtually and maintain engagement with their fragile population. The enrollees appreciated this initiative, expressing gratitude for Paragon's determination to continue serving them despite the challenges. Paragon's financial commitments were met through these efforts and grants, and they rewarded their frontline workers for their bravery and resilience. Despite the ongoing staffing shortages, Paragon continues to advocate for better staff wages and increased fees for services through the legislative process, aiming to improve their ability to serve more individuals in need.
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Impact
July, 2024
Paragon Support Systems Inc's impact is evident in its resilience and dedication to delivering essential services despite the challenges faced during the fiscal year of 2021/22. The organization's frontline workers displayed great commitment and bravery in providing 24-hour residential care and respite services to families, even amidst a staffing shortage crisis and the uncertainties brought by the pandemic.
Additionally, Paragon successfully adapted to the circumstances by developing an online skill-building program, ensuring that their enrollees could continue learning and engaging virtually. This effort not only bridged the isolation experienced by many but also enabled the organization to fulfill its financial commitments and support its workforce through grants.
Furthermore, Paragon's advocacy for better staff wages and increased service fees through organizations like the Michigan Assisted Living Association demonstrates a commitment to improving the industry as a whole and ensuring that individuals in need receive the care and support they deserve. Despite ongoing challenges, Paragon Support Systems Inc's determination to serve vulnerable populations and its efforts to navigate obstacles highlight its significant impact on the community and the lives it touches.
This information is meant to be a general summary of Paragon Support Systems 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: $49,400
- Gross Receipts: $2,490,122
Assets and Liabilities:
- Total Assets: $1,014,477
- Total Liabilities: $243,299
- Net Assets: $771,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$49,400
Organization Details
Founding Year
1996
Principal Officer
Terri Rush
Main Address
2101 GROVE ST, Wyandotte, MI, 48192
NTEE Category
Code: Z99 - Unknown
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