Indiana · Nonprofit
PARAMOUNT SCHOOLS OF EXCELLENCE
PARAMOUNT SCHOOLS OF EXCELLENCE (Indiana) receives grants from 12 organizations whose IRS filings report $11,114,822 to it, the largest being CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ($3,530,000). 6 of them have funded it in more than one year.
- Revenue FY2025
- $41M
- Funders on record
- 12
- Grants received
- $11M
- Net assets
- $22M
What Paramount Schools of Excellence does
Mission
To inspire learning through an unparalleled academic approach, and transform communities by changing lives.
As stated on its FY2025 Form 990.
Program
Paramount's education framework and hardworking staff have proven to be a successful combination. State testing consistently ranks paramount among the top charter schools in indiana. Results for the 2019 indiana ilearn academic assessment placed paramount cottage home as the top-performing school within the ips' boundaries, and paramount brookside as the fourth highest. Additionally, paramount cottage home and brookside were designated an indiana "a" school and a 2018 u.s. Blue ribbon school; cottage home 2024 & brookside 2018. The education equality index recognized psoe for closing the achievement gap irrespectively of a family's income. And the indiana department of education included paramount among the 200 promising practices for accessibility in stem education.
$32,312,338 spentof which $12,300 as grants$6,032,067 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $32,312,338.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $47M to $63M (+35%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 96% · 2018 97% · 2019 94% · 2020 96% · 2021 93% · 2022 84% · 2023 83% · 2024 90% · 2025 80%. Grants only. Government contracts and fees sit inside program revenue.
85% of PARAMOUNT SCHOOLS OF EXCELLENCE’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Thomas Reddicks
Executive director
Board chair
Tom Rude
Board chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $57k → $4.4M.
3 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of PARAMOUNT SCHOOLS OF EXCELLENCE’s funders (the co-funder graph). Top 11 of 12 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
PARAMOUNT SCHOOLS OF EXCELLENCE leans on a few funders — its largest provides 32% of grant income and the top three 89%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund PARAMOUNT SCHOOLS OF EXCELLENCE.
Largest funder’s share by year: 2017 100% · 2018 60% · 2019 87% · 2020 76% · 2021 61% · 2022 66% · 2023 68% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of PARAMOUNT SCHOOLS OF EXCELLENCE's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
55% of PARAMOUNT SCHOOLS OF EXCELLENCE's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PARAMOUNT SCHOOLS OF EXCELLENCE has grown faster than three-quarters of the 3,758 education nonprofits its size.
this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025
Organizations like PARAMOUNT SCHOOLS OF EXCELLENCE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PARAMOUNT SCHOOLS OF EXCELLENCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PARAMOUNT SCHOOLS OF EXCELLENCE?
- PARAMOUNT SCHOOLS OF EXCELLENCE (Indiana) receives grants from 12 organizations whose IRS filings report $11,114,822 to it, the largest being CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND ($3,530,000). 6 of them have funded it in more than one year.
- How many funders does PARAMOUNT SCHOOLS OF EXCELLENCE have?
- IRS filings report 12 organizations giving $11,114,822 in grants to PARAMOUNT SCHOOLS OF EXCELLENCE, 6 of which have funded it in more than one year.
- Who is the largest funder of PARAMOUNT SCHOOLS OF EXCELLENCE?
- CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND is the largest funder on record, with $3,530,000 in grants. The full list of funders is on this page.
- How can an organization like PARAMOUNT SCHOOLS OF EXCELLENCE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing