Overview
What is Paramount Care Foundation?
The Paramount Care Foundation is a nonprofit organization situated in Paramount, California, specifically catering to low-income and underserved residents. Its primary focus lies in providing after-school and youth programs, aiming to support and engage local youngsters. Beyond these initiatives, the foundation also offers a summer day camp program, which provides enriching, hands-on learning experiences for the community's youth. This annual event extends the boundaries of their knowledge and skills, making the Paramount Care Foundation an integral part of the local community's developmental opportunities.
Official website here: www.pcf.la
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
The Paramount Care Foundation has received a solid rating of 83% from Charity Navigator, reflecting a strong performance in accountability and finance. This score is derived entirely from their accountability and finance beacon, indicating that the organization is well-managed in these areas. A key strength is the presence of a wholly independent board, which is a positive sign of governance and oversight.
The foundation demonstrates excellent financial health, with a low liabilities to assets ratio of 0.08% and a program expense ratio of 78.78%, indicating that a significant portion of its funds are directed towards its programs. Additionally, they have a robust framework for document retention and board meeting minutes, which adds to their transparency.
However, there are areas for improvement, notably the absence of a conflict of interest policy and a whistleblower policy, both of which received zero points in the evaluation. Addressing these gaps could enhance their accountability practices and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Paramount Care Foundation legitimate?
Paramount Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paramount Care Foundation 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: $66,524
For more financial information, click here
Official website here: www.pcf.la
What is the mission statement of Paramount Care Foundation?
The Paramount Care Foundation, as a nonprofit organization, is dedicated to serving low-income and under-served communities, primarily focusing on after-school and youth programs. It extends its reach during the summer with a day camp program, providing local youth with enriching, hands-on learning experiences. The foundation's mission is to positively impact these young individuals through educational and experiential opportunities, thereby enhancing their overall development.
Official website here: www.pcf.la
Who is the CEO of Paramount Care Foundation?
Randy Williams is the President of Paramount Care Foundation.
Official website here: www.pcf.la
What is the revenue of Paramount Care Foundation?
Paramount Care Foundation's revenue in 2022 was $170,883.
Official website here: www.pcf.la
Who are the executives of Paramount Care Foundation and what are their salaries?
The average compensation at Paramount Care Foundation during 2022 was $9,503. There are 7 employees and 27 volunteers at Paramount Care Foundation.
Here are 6 key members and their salaries:
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Official website here: www.pcf.la
Where can I find the form 990 for Paramount Care Foundation?
Paramount Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcf.la
Learn more at the official website: www.pcf.la
Mission Statement of Paramount Care Foundation
The Paramount Care Foundation, as a nonprofit entity, is committed to serving low-income and under-served residents in its capacity. Its primary focus lies in after-school and youth programming, aiming to provide enriching experiences for local children. Additionally, the foundation runs an annual summer day camp program, which offers hands-on learning opportunities for the youth, thereby broadening their horizons. This initiative allows the children to engage in various activities, fostering personal growth and development.
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Impact
October, 2024
The Paramount Care Foundation has made a significant impact on the community of Paramount, CA, by providing essential services to low-income and under-served residents. Through its focused efforts on after-school and youth programming, it addresses critical gaps in education and enrichment for local youth.
By offering structured after-school activities, the foundation creates a safe and engaging environment where children can develop skills, foster friendships, and receive support with their academic pursuits. Additionally, the annual summer day camp program enriches the experiences of local youth through hands-on learning opportunities, allowing them to explore new interests and build confidence outside the traditional classroom setting.
These initiatives not only enhance educational outcomes but also promote social and personal development, contributing to the overall well-being of the community. The Paramount Care Foundation plays a vital role in empowering young individuals, equipping them with the tools they need to thrive in their academic and personal lives.
This information is meant to be a general summary of Paramount Care Foundation. 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.
- Investment Income: -$11,216
- Program Service Revenue: $24,170
- Gross Receipts: $358,655
Assets and Liabilities:
- Total Assets: $601,524
- Total Liabilities: $559
- Net Assets: $600,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PROCEEDS
Revenue
$3,269
REGISTRATION FEES-AFT SCH
Revenue
$6,002
REGISTRATION FEES-BBALL
Revenue
$3,199
REGISTRATION FEES-DAY CMP
Revenue
$11,700
Organization Details
Founding Year
2001
Phone
(562) 272-4963Principal Officer
Randy Williams
Main Address
8303 ALONDRA BLVD, PARAMOUNT, CA, 90723
Website
www.pcf.laNTEE Category
Code: P40 - Human services
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