Paramount Advantage
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,541,176,490 | 1,491,404,933 | 49,771,557 | 1.6 | 3% |
| 2021 | 1,571,939,334 | 1,494,020,934 | 77,918,400 | 2.2 | 3% |
| 2022 | 259,665,042 | 168,253,600 | 91,411,442 | 6.5 | 22% |
| 2023 | 82,135,755 | 12,464,732 | 69,671,023 | 27.3 | 81% |
In its most recent public year (2023), this organization brought in $69,671,023 more than it spent. Its reserves stood at about 27.3 months of spending, up from 1.6 in 2020. Staff pay was 81% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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