PARAMOUNT SCHOOLS OF EXCELLENCE
AI Summary
Paramount Schools of Excellence, established in 2010, is a nonprofit organization operating six free public charter schools in Indiana, dedicated to educating K-8 grade students in an innovative environment that emphasizes rigorous academics, technology, and environmental awareness. With an operating budget of $30 million and total revenue of $30.9 million, the organization serves approximately 2,100 students, 75% of whom come from low-income households. Paramount does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission of removing obstacles to educational attainment for its students.
Mission Statement
PARAMOUNT SCHOOLS OF EXCELLENCE'S SIX CAMPUSES EXIST TO EDUCATE K-8 GRADE STUDENTS IN AN INNOVATIVE ENVIRONMENT THAT INSTILLS HIGH EXPECTATIONS FOR SUCCESS. ESTABLISHED IN 2010, PARAMOUNT ACCOMPLISHES ITS MISSION THROUGH AN EMPHASIS ON RIGOROUS ACADEMICS, TECHNOLOGY, AND THE ENVIRONMENT. AUTHORIZED BY THE MAYOR'S OFFICE OF EDUCATION INNOVATION, THE FREE PUBLIC CHARTER SCHOOLS CURRENTLY SERVE 2,100 STUDENTS, OF WHICH 75% ARE FROM HOUSEHOLDS AT OR BELOW THE POVERTY LEVEL. RISK FACTORS FOR PARAMOUNT STUDEN,TS INCLUDE LACK OF SOCIAL AND SCHOOL READINESS, LANGUAGE BARRIERS, UNDERPERFORMING ACADEMIC ACHIEVEMENT LEVELS, AND LOW PARENTAL INVOLVEMENT. THEREFORE, IT IS ESSENTIAL THAT THE SCHOOL CONTINUALLY FIND WAYS TO REMOVE OBSTACLES THAT HAMPER EDUCATIONAL ATTAINMENT, SO PARAMOUNT'S STUDENTS REACH THEIR FULL POTENTIAL.
Cause Areas
4
Education
Environment
Technology
Charter school education
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is PARAMOUNT SCHOOLS OF EXCELLENCE’s budget?
In 2024, PARAMOUNT SCHOOLS OF EXCELLENCE reported an annual operating budget of around $30 million. More detailed financial information is available to registered users.
What causes does PARAMOUNT SCHOOLS OF EXCELLENCE support?
PARAMOUNT SCHOOLS OF EXCELLENCE supports work in Education, Environment, Technology, and Charter school education.
Where does PARAMOUNT SCHOOLS OF EXCELLENCE operate?
PARAMOUNT SCHOOLS OF EXCELLENCE is headquartered in INDIANAPOLIS, IN.
Who funded PARAMOUNT SCHOOLS OF EXCELLENCE recently?
In 2025, PARAMOUNT SCHOOLS OF EXCELLENCE received grants from THE MIND TRUST INC, THE MIND TRUST INC, and CHARTER FUND INC D/B/A CHARTER SCHOOL GROWTH FUND. More information on this organization’s funders is available to registered users.
What is the largest grant PARAMOUNT SCHOOLS OF EXCELLENCE received in 2024?
The largest grant to PARAMOUNT SCHOOLS OF EXCELLENCE in 2024 exceeds $1.1 million.
What is PARAMOUNT SCHOOLS OF EXCELLENCE’s reliance on government grants?
PARAMOUNT SCHOOLS OF EXCELLENCE relied on government grants for more than 85% of their total revenue in 2024.