Quick charity verification for Paramount Advantage (EIN: 203376102)
Verdict: Paramount Advantage appears trustworthy
75/100Mission Score
$4.2MRevenue
$500Assets
2Red Flags
2Strengths
Red Flags
Dramatic and unexplained decrease in revenue and assets from 2021 to 2023, suggesting significant operational changes or contraction.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong financial efficiency regarding executive pay.
Historically managed very large revenues and expenses, demonstrating capacity for significant operations.
Spending Breakdown
How Paramount Advantage allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Paramount Advantage
Is Paramount Advantage a legitimate charity?
Based on AI analysis of IRS 990 filings, Paramount Advantage (EIN: 203376102) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Paramount Advantage a good charity to donate to?
Paramount Advantage has a Mission Score of 75/100. Revenue: $4.2M. Assets: $500. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Paramount Advantage?
The Employer Identification Number (EIN) for Paramount Advantage is 203376102. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Paramount Advantage spend its money?
Paramount Advantage allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Paramount Advantage's tax-exempt status?
You can verify Paramount Advantage's tax-exempt status using EIN 203376102 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Paramount Advantage has demonstrated significant fluctuations in its financial activity over the past several years. While the organization reported substantial revenues in earlier periods, peaking at over $1.5 billion in 2021 and 2020, its latest reported revenue for 2023 is $82,135,755, a sharp decline from previous years. Similarly, expenses have decreased from over $1.4 billion in 2021 to $12,464,732 in 2023. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator for executive compensation transparency and efficiency, suggesting that top leadership is not drawing salaries from the nonprofit's funds. However, the dramatic shifts in revenue and assets, from $609 million in assets in 2021 to $62 million in 2023, warrant further investigation to understand the underlying operational changes or potential restructuring.
The organization's financial health appears to be in a state of significant transition, with a notable reduction in scale. While the 0% officer compensation is a strong point for efficiency, the overall financial picture is complex due to the large swings in revenue and assets. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, which is a positive aspect of its financial management.