Overview
What is Paragon Institute Of Innovation?
The Paragon Institute of Innovation, located in North Hollywood, California, is a nonprofit organization with a mission to drive societal advancement. Their primary focus is on researching, developing, and supporting the integration of innovative technologies into various societies worldwide. By leveraging these technological advancements, they aim to stimulate economic development and foster social reform, both locally and globally. The organization's activities are geared towards making new or improved technologies more accessible, thereby igniting transformative change on a broad scale.
Official website here: www.paragoninstituteofinnovation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
The Paragon Institute Of Innovation has received a one-star rating from Charity Navigator, indicating serious concerns regarding its accountability and transparency. The overall score of 50% reflects deficiencies in key areas, such as the lack of independent board members and missing essential policies, which are critical for effective governance. The absence of certain documents on its website, such as meeting minutes and its tax form, further detracts from its credibility.
Despite these weaknesses, the organization has shown a strong commitment to its mission, as evidenced by a program expense ratio of 71.64%. This indicates that a significant portion of their budget is directed towards programs rather than administrative costs. Additionally, they have a solid liabilities to assets ratio of 46.27%, suggesting reasonable financial health.
However, the significant gaps in governance practices and transparency raise important questions about the organization's operations. The lack of a conflict of interest policy and other missing documents may hinder trust among donors and the community it serves. It is crucial for Paragon Institute Of Innovation to address these issues to improve its standing and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Paragon Institute Of Innovation legitimate?
Paragon Institute Of Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paragon Institute Of Innovation 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:
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Official website here: www.paragoninstituteofinnovation.org
What is the mission statement of Paragon Institute Of Innovation?
The Paragon Institute of Innovation's mission is centered around researching, developing, and advocating for the progressive integration of advanced or improved technologies into societies. This organization aims to utilize these innovations to foster economic growth and social reform on a local and global scale. By promoting the accessibility of these technologies, the institute aims to ignite development and bring about necessary reforms in various communities.
Official website here: www.paragoninstituteofinnovation.org
Who is the CEO of Paragon Institute Of Innovation?
Michelle Gonzalez is the Secretary & of Paragon Institute Of Innovation.
Official website here: www.paragoninstituteofinnovation.org
What is the revenue of Paragon Institute Of Innovation?
Paragon Institute Of Innovation's revenue in 2022 was $475,154.
Official website here: www.paragoninstituteofinnovation.org
Who are the executives of Paragon Institute Of Innovation and what are their salaries?
There 10 volunteers at Paragon Institute Of Innovation.
Here are 6 key members and their salaries:
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Official website here: www.paragoninstituteofinnovation.org
Where can I find the form 990 for Paragon Institute Of Innovation?
Paragon Institute Of Innovation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paragoninstituteofinnovation.org
Learn more at the official website: www.paragoninstituteofinnovation.org
Mission Statement of Paragon Institute Of Innovation
The Paragon Institute of Innovation is dedicated to its mission of pursuing and fostering the progressive integration of new and improved technologies into societies worldwide. This organization aims to leverage these innovations as a catalyst for both economic development and social reform, working on a local and global scale. By conducting research and development activities, the Paragon Institute of Innovation supports the accessibility and implementation of these technological advancements, seeking to make a significant impact on various communities.
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Impact
July, 2024
Paragon Institute Of Innovation's impact lies in its dedication to researching, developing, and supporting the integration of new and improved technologies into societies. By harnessing these innovations, the institute aims to ignite economic development and promote social reform on both a local and global scale. Through its focus on science research, Paragon Institute Of Innovation strives to drive progress and create positive change in the world.
This information is meant to be a general summary of Paragon Institute Of Innovation. 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: $81
- Gross Receipts: $2,021,511
Assets and Liabilities:
- Total Assets: $1,239,308
- Total Liabilities: $560,938
- Net Assets: $678,370
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Organization Details
Founding Year
2020
Phone
(305) 753-8431Principal Officer
Michelle Gonzalez
Main Address
11622 OXNARD STREET, NORTH HOLLYWOOD, CA, 91606
NTEE Category
Code: U99 - Science research
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