Skip to content
Nonprofiteer
← PARADIGM SCHOOL SYSTEM INC

Form 990 for tax year 2024

Filed by PARADIGM SCHOOL SYSTEM INC.

Totals

Total revenue
$3,131,758
Total expenses
$3,069,665
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,131,758
Investment income
$0
Other revenue
$0
Total assets, end of year
$3,449,866
Total liabilities, end of year
$3,016,892
Net assets or fund balances, end of year
$432,974
Program services expenses (Part IX)
$2,302,251
Management and general expenses
$767,414
Fundraising expenses
$0
Program service expenses (Part III)
$2,302,251

Program services were 75.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TUITION REVENUE

    total $3,131,758 · related or exempt $3,131,758

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $177,578 · program services $133,183 · management and general $44,395

  • 7 · Other salaries and wages

    total $1,505,871 · program services $1,129,404 · management and general $376,467

  • 8 · Pension plan contributions

    total $81,410 · program services $61,058 · management and general $20,352

  • 9 · Other employee benefits

    total $206,139 · program services $154,604 · management and general $51,535

  • 10 · Payroll taxes

    total $121,160 · program services $90,870 · management and general $30,290

  • 11c · Fees: accounting

    total $19,600 · program services $14,700 · management and general $4,900

  • 11g · Fees: other

    total $218,686 · program services $164,015 · management and general $54,671

  • 14 · Information technology

    total $13,194 · program services $9,896 · management and general $3,298

  • 16 · Occupancy

    total $386,185 · program services $289,639 · management and general $96,546

  • 17 · Travel

    total $4,126 · program services $3,095 · management and general $1,031

  • 20 · Interest

    total $6,350 · program services $4,763 · management and general $1,587

  • 22 · Depreciation, depletion and amortization

    total $9,792 · program services $7,344 · management and general $2,448

  • 23 · Insurance

    total $39,407 · program services $29,555 · management and general $9,852

  • 24a · Other expenses: SUPPLIES

    total $207,024 · program services $155,268 · management and general $51,756

  • 24b · Other expenses: MISCELLANEOUS

    total $53,319 · program services $39,989 · management and general $13,330

  • 24c · Other expenses: EQUIPMENT

    total $19,824 · program services $14,868 · management and general $4,956

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $210,869 · end of year $312,918

  • 3 · Pledges and grants receivable

    beginning of year $493,787 · end of year $566,914

  • 9 · Prepaid expenses and deferred charges

    beginning of year $110,711 · end of year $531,322

  • 10a · Land, buildings and equipment: cost or other basis

    $107,254

  • 10b · Land, buildings and equipment: accumulated depreciation

    $96,279

  • 10c · Land, buildings and equipment, net

    beginning of year $20,767 · end of year $10,975

  • 15 · Other assets

    beginning of year $1,893,269 · end of year $2,027,737

  • 17 · Accounts payable and accrued expenses

    beginning of year $458,476 · end of year $537,550

  • 23 · Secured mortgages and notes payable

    end of year $425,000

  • 25 · Other liabilities

    beginning of year $1,900,046 · end of year $2,054,342

  • 27 · Net assets without donor restrictions

    beginning of year $42,434 · end of year $28,143

  • 28 · Net assets with donor restrictions

    beginning of year $328,447 · end of year $404,831

Mission and programs · 2024

Mission

TO PROVIDE AN EDUCATIONAL AND THERAPEUTIC ENVIRONMENT FOR STUDENTS WITH DISABILITIES THAT INSPIRES AND EMPOWERS THEM TO LEVERAGE THEIR STRENGTHS SO THEY CAN DEVELOP AND REALIZE THEIR LIFE GOALS.

Activities or mission (Part I)

THE SCHOOL PROVIDES AN EDUCATIONAL ENVIRONMENT FOR STUDENTS WITH DISABILITIES WHICH OFFFERS THEM COMPETENCY BASED LEARNING, COUNSELING AND CLINICAL SERVICES, AND TRANSITION SERVICES THROUGH WORKPLACE READINESS TRAINING.

  • THE SCHOOL OPENED IN SEPTEMBER, 2018 IN BERGEN COUNTY, NEW JERSEY, PROVIDING EDUCATIONAL SERVICES TO STUDENTS WITH DISABILITIES. THIS SIXTH YEAR HAD A TOTAL OF 46 STUDENTS FROM 28 PUBLIC SCHOOL SENDING DISTRICTS.

    Expenses $2,302,251 · Revenue $3,131,758

As filed on the 2024 return.

Listed in Part VII

  • Rich Baxt

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Debra McGauley-Eichhorn

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Michele Fenster

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Ann Guillory

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Greg Kasbarian

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Goldberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Erica Ripston

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Dominick Gliatta

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey Kahn

    EXECUTIVE DIRECTOR/PRINCIPAL

    Total calculated
    $177,578
    From this org
    $165,375
    From related orgs
    $0
    Other
    $12,203
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,375
    Bonus
    $0
    Other
    $0
    Deferred
    $12,203
    Nontaxable benefits
    $0
    Filer's total
    $177,578

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 January 2026
IRS schema version
2024v5.5
Source object
202610229349301006

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.