Paramount Health Data Project INC

Tax-deductible

Indianapolis, IN501(c)(3)Since 2019Social ScienceEIN 84-3988197

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Paramount Health Data Project INC takes an educator-forward approach to research and development by launching evidence-based Health projects emerging from educational contexts grounded in theory and practice with the potential to impact communities.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
Run by 9 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $40K a year · 12% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $100K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$413K
+86% vs prior year
Spent
$352K
To programs
57%
Net assets
$137K
By yearFY2022–FY2024
Revenue
$413K
FY2024▲ +86%
Revenue by fiscal year
FY2022$386K
FY2023$222K
FY2024$413K
Expenses
$352K
FY2024▲ +4%
Expenses by fiscal year
FY2022$209K
FY2023$340K
FY2024$352K
Net assets
$137K
FY2024▲ +5%
Net assets by fiscal year
FY2022$249K
FY2023$131K
FY2024$137K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $201K Management & general 43% · $151K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman of the Board
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Azure Angelov’s $131K as CEO, Vice Chair is at the 78th percentile of top reported officer pay among 158 $100K–1M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022
Azure Angelov$131,400$51,800
Mary Jo Ratterman$32,465—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops evidence-based health projects from educational settings to benefit communities.

Provided by the organization

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3 program services account for $201K of program spending, described in the organization's own filed words · FY2024.
01

PHDP is designing an online professional development opportunity for mental health professionals who want to work in a school setting. This opportunity uses an asynchronous learning model and employs absorblms as the delivery mechanism.

$121Kprogram expense
02

PHDP is providing professional development to instructional assistants on special education best practices. This professional development is a combination of zoom meetings and in-person meetings at the school.

$60Kprogram expense
03

The paramount health data project inc (PHDP) believes health and education are inextricably intertwined and that students' health needs to be treated as a component of their preparation for success in life.

$20Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Charter Fund INCFY2023$100K
Total grants receivedfrom 1 funder$100K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$413K
Ln 12
Gifts and grantsLn 1h$317K
Fees for servicesLn 2g$96K
Money outPt IX
$352K
Ln 25
Programscol B$201K
Managementcol C$151K
Owns and owesPt X
$137K
net assets · Ln 32
Cash and savingsLn 1–2$78K
Total assetsLn 16$137K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$317K
Government grantsLn 1e$317K
Fees for servicesLn 2g$96K
Total revenueLn 12$413K
Assets in detailPt X, end of year
CashLn 1$78K
Cash and savings togetherLn 1–2$78K
Total assetsLn 16$137K
LiabilitiesLn 26$0
Net assetsLn 32$137K
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$61K$78K
Total assetsLn 16$84K$137K
LiabilitiesLn 26$7K$0
Net assetsLn 32$77K$137K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$180K$81K$99K
Other salaries and wagesLn 7$27K$27K
Legal feesLn 11b$17K$17K
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$3K$3K
Other fees for servicesLn 11g$25K$25K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$398$398
Information technologyLn 14$7K$6K$712
OccupancyLn 16$597$597
TravelLn 17$3K$3K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$80K$80K
Total functional expensesLn 25$352K$201K$151K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $413K$352K$61K$137K 990 PDF
FY2023 $222K$340K−$118K$131K 990 PDF
FY2022 $386K$209K$177K$249K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $413,061 across 4 lines filed
VIII-1e Government grants$316,666
VIII-1h Total contributions, gifts and grants$316,666
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $96,395$96,395
VIII-12 Total revenueRelated to mission $96,395 · Unrelated business $0 · Excluded from tax $0$413,061
Part IX · Statement of functional expenses $352,427 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $81,000 · Management $99,000$180,000
IX-7 Other salaries and wagesManagement $26,537$26,537
IX-11b Legal feesManagement $17,370$17,370
IX-11c Accounting feesManagement $5,379$5,379
IX-11d Lobbying feesPrograms $2,652$2,652
IX-11g Other fees for servicesPrograms $25,000$25,000
IX-12 Advertising and promotionPrograms $3,409$3,409
IX-13 Office expensesManagement $398$398
IX-14 Information technologyPrograms $6,413 · Management $712$7,125
IX-16 OccupancyManagement $597$597
IX-17 TravelPrograms $3,085$3,085
IX-23 InsuranceManagement $1,358$1,358
IX-24 Other expenses (24a–d)Programs $79,517$79,517
IX-25 Total functional expensesPrograms $201,076 · Management $151,351 · Fundraising $0$352,427
Part X · Balance sheet $137,370 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $61,476$78,472
X-4 Accounts receivableStart of year $22,500$58,898
X-16 Total assetsStart of year $83,976$137,370
X-17 Accounts payable and accrued expensesStart of year $7,239$0
X-26 Total liabilitiesStart of year $7,239$0
X-27 Net assets without donor restrictionsStart of year $76,737$137,370
X-32 Total net assets or fund balancesStart of year $76,737$137,370
X-33 Total liabilities and net assetsStart of year $83,976$137,370
Part XI · Reconciliation of net assets $137,370 net assets at year end
XI-1 Total revenue$413,061
XI-2 Total expenses$352,427
XI-3 Revenue less expenses$60,634
XI-4 Net assets at start of year$76,737
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$137,370

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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