PARAGON MANAGEMENT: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: PARAGON MANAGEMENT (EIN 86-0911513)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2020-02-11
IRS object ID: 202010429349301261
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule E
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-02-11T13:02:11-06:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	860558065	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HEINFELD MEECH & CO PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3033 N CENTRAL AVE STE 300	AddressLine1Txt
City	PHOENIX	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85012	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	860911513	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Paragon Management Inc	BusinessNameLine1Txt
Business Name Line2	dba Paradise Schools	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	PARA	BusinessNameControlTxt
Phone	6234557400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12775 North 175th Avenue	AddressLine1Txt
City	Surprise	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85388	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Patrick Schrader	PersonNm
Person Title	Executive Director	PersonTitleTxt
Phone	6234557400	PhoneNum
Signature	2020-02-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jennifer L Shields CPA CGFM	PreparerPersonNm
PTIN	P01882954	PTIN
Phone	6022779449	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	199.117.84.122	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-02-11	IPDt
IP Tm	13:02:07	IPTm
IP Timezone	MS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	E5816A6559351188DC9EFE7FDE0965020019F2A9	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-09-23 17:36:50Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	Paradise Schools	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	Dr Patrick Schrader	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12775 North 175th Avenue	AddressLine1Txt
City	Surprise	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85388	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$22,759,580	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.paradiseschools.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	AZ	LegalDomicileStateCd
Activity Or Mission	Provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	3	VotingMembersIndependentCnt
Total Employee	354	TotalEmployeeCnt
Total Volunteers	1115	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$18,329,144	PYContributionsGrantsAmt
CY Contributions Grants	$21,424,228	CYContributionsGrantsAmt
PY Program Service Revenue	$937,696	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,022,092	CYProgramServiceRevenueAmt
PY Investment Income	$16,471	PYInvestmentIncomeAmt
CY Investment Income	$111,861	CYInvestmentIncomeAmt
PY Other Revenue	$228,190	PYOtherRevenueAmt
CY Other Revenue	$201,399	CYOtherRevenueAmt
PY Total Revenue	$19,511,501	PYTotalRevenueAmt
CY Total Revenue	$22,759,580	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,321,428	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$14,336,585	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,560,325	PYOtherExpensesAmt
CY Other Expenses	$7,493,061	CYOtherExpensesAmt
PY Total Expenses	$18,881,753	PYTotalExpensesAmt
CY Total Expenses	$21,829,646	CYTotalExpensesAmt
PY Revenues Less Expenses	$629,748	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$929,934	CYRevenuesLessExpensesAmt
Total Assets BOY	$50,615,156	TotalAssetsBOYAmt
Total Assets EOY	$49,920,110	TotalAssetsEOYAmt
Total Liabilities BOY	$49,708,953	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$48,083,973	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$906,203	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,836,137	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	Provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$17,274,506	ExpenseAmt
Revenue	$1,223,491	RevenueAmt
Desc	K-12 Public Education: The Organization is an Arizona Public Charter School. Its primary objective is to provide excellent free public education and guidance to students in grades K-12 in a safe environment that enables students to be successful, caring, and knowledgeable members of our community. A primary goal of the School has been to earn and maintain high marks in Arizona's system of rating schools based on student achievement. The Arizona Department of Education gave 'A' ratings to both campuses (Elementary and High School) for school years 2016-17 and 2017-18 and to the High School in 2018-19. U.S. News and World Report recognized the high school as being one of America's best in multiple years, the most recent in 2019. Scores on the AzMerit test exceeded results for the State and neighboring schools for both campuses in the last four years, and for all but 6th and 8th grade in 2018-19.	Desc
Total Program Service Expenses	$17,274,506	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	354	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	3	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Dan Bigler	PersonNm
Phone	6234557400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	12775 North 175th Avenue	AddressLine1Txt
City	Surprise	CityNm
State Abbreviation	AZ	StateAbbreviationCd
ZIP	85388	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
Susan Nachtigall
President	1.00	Yes (X)	Yes (X)	$0	$0	$0
Chris Benson
Secretary	1.00	Yes (X)	Yes (X)	$0	$0	$0
Stephanie Nix
Chairman	1.00	Yes (X)		$0	$0	$0
Patrick Schrader
Director	40.00		Yes (X)	$48,038	$0	$14,313
Tim Gonzales
Director	40.00		Yes (X)	$82,475	$0	$13,377
Dan Bigler
Finance Director	30.00		Yes (X)	$71,719	$0	$6,667

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$202,232	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$34,357	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Sodexo
PO Box 360170	Pittsburgh	PA	15251	Student Meals	$364,778
Plan B Facility Services
PO Box 7758	Surprise	AZ	85374	Janitorial services	$248,480
Progressive Therapy LLC
17958 W Brown St	Waddell	AZ	85355	Special education	$199,636
DL Withers
3320 E Harbour Dr	Phoenix	AZ	85034	Construction	$192,393

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Government Grants	$20,844,283	GovernmentGrantsAmt
All Other Contributions	$579,945	AllOtherContributionsAmt
Total Contributions	$21,424,228	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Enrichment Program	611710	$416,560	$416,560
Food Service Revenue	611710	$313,746	$313,746
Kiddie Paradise Progra	611710	$125,635	$125,635
Athletic Fees	611710	$123,856	$123,856
Transportation Fees	611710	$42,295	$42,295

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,022,092	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3	TotalRevenueColumnAmt
Exclusion	$3	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$111,858	TotalRevenueColumnAmt
Exclusion	$111,858	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PEP Booster	611710	$127,235	$127,235
Miscellaneous Revenue	611710	$51,253	$51,253

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,911	TotalRevenueColumnAmt
Related Or Exempt Func Income	$22,911	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$201,399	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,759,580	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,223,491	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$111,861	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$186,416	TotalAmt
Management And General	$186,416	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$10,557,297	TotalAmt
Program Services	$8,881,090	ProgramServicesAmt
Management And General	$1,676,207	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,197,505	TotalAmt
Program Services	$986,596	ProgramServicesAmt
Management And General	$210,909	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,591,056	TotalAmt
Program Services	$1,308,835	ProgramServicesAmt
Management And General	$282,221	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$804,311	TotalAmt
Program Services	$666,851	ProgramServicesAmt
Management And General	$137,460	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$573,917	TotalAmt
Program Services	$406,451	ProgramServicesAmt
Management And General	$167,466	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,104,632	TotalAmt
Program Services	$965,039	ProgramServicesAmt
Management And General	$139,593	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$133,510	TotalAmt
Program Services	$133,510	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,225,352	TotalAmt
Management And General	$1,225,352	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,085,566	TotalAmt
Program Services	$1,814,442	ProgramServicesAmt
Management And General	$271,124	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,351,352	TotalAmt
Program Services	$1,175,676	ProgramServicesAmt
Management And General	$175,676	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
Food Service	$475,421	$475,421
Fieldtrips	$288,528	$288,528
Tuition	$62,892	$62,892

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$191,891	TotalAmt
Program Services	$109,175	ProgramServicesAmt
Management And General	$82,716	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$21,829,646	TotalAmt
Program Services	$17,274,506	ProgramServicesAmt
Management And General	$4,555,140	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,729,819	BOYAmt
EOY	$2,851,927	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$10,013	BOYAmt
EOY	$10,016	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$365,499	BOYAmt
EOY	$525,316	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$647	BOYAmt
EOY	$42	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$7,305	BOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$51,302,588	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$10,141,495	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$41,670,618	BOYAmt
EOY	$41,161,093	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,831,255	BOYAmt
EOY	$5,371,716	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$50,615,156	BOYAmt
EOY	$49,920,110	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,434,035	BOYAmt
EOY	$673,701	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$46,385	BOYAmt
EOY	$57,821	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$46,888,670	BOYAmt
EOY	$46,061,820	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$196,437	BOYAmt
EOY	$136,936	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,143,426	BOYAmt
EOY	$1,153,695	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$49,708,953	BOYAmt
EOY	$48,083,973	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$906,203	BOYAmt
EOY	$1,292,657	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
EOY	$543,480	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$906,203	BOYAmt
EOY	$1,836,137	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$50,615,156	BOYAmt
EOY	$49,920,110	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$929,934	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,669,747	OtherCostOrOtherBasisAmt
Book Value	$4,669,747	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$39,638,045	OtherCostOrOtherBasisAmt
Depreciation	$6,170,205	DepreciationAmt
Book Value	$33,467,840	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,315,808	OtherCostOrOtherBasisAmt
Depreciation	$3,063,480	DepreciationAmt
Book Value	$2,252,328	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,678,988	OtherCostOrOtherBasisAmt
Depreciation	$907,810	DepreciationAmt
Book Value	$771,178	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$41,161,093	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	Restricted cash held with trustee	Desc
Book Value	$5,371,716	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$5,371,716	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
Due to Student Groups	$85,696
Refundable Deposits	$3,300
Interest Payable	$1,062,663
Due to Others	$2,036

Field	Value	IRS element (for citing)
Total Liability	$1,153,695	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$22,759,580	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$22,759,580	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$22,759,580	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$21,829,646	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$21,829,646	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$21,829,646	TotalExpensesPerForm990Amt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	0	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3	The Organization publicizes its racially nondiscriminatory policy on its website and on its registration forms. The Organization uses the internet rather than newspaper or broadcast media because it is a more effective way to contact the public in the area it serves.
Schedule E, Part I, Line 6	The Organization receives federal and state grant revenue for educational programs, and state equalization assistance from the State of Arizona.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Industrial Development Authority of the County of Maricopa	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	860445263	BondIssuerEIN
CUSIP	56681NAX5	CUSIPNum
Bond Issued	2016-10-18	BondIssuedDt
Issue Price	$47,921,278	IssuePriceAmt
Purpose	Refund 03, 06, 10 bonds; refinance outstding loan, construct & equip bldings	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	$47,921,278	TotalProceedsAmt
In Reserve Fund	$2,931,250	InReserveFundAmt
Capitalized Interest	$250,068	CapitalizedInterestAmt
Refunding Escrow	$27,943,254	RefundingEscrowAmt
Issuance Costs From Proceeds	$969,393	IssuanceCostsFromProceedsAmt
Capital Expenditures	$18,350,000	CapitalExpendituresAmt
Substantial Completion	2017	SubstantialCompletionYr
Refunding Tax Exempt Bonds	Yes (1)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	Yes (1)	RefundingTaxableBondsInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	0	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	Yes (1)	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	0	NoRebateDueInd
Variable Rate Issue	Yes (1)	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	0	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	0	ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 4	The Bylaws were amended to combine the Governing Body and Corporate Board into one Board of Directors with no less than five and no more than seven members, that are limited to three consecutive three-year terms.
Form 990, Part VI, Section B, line 11b	A copy of the Form 990 will be provided to the Governing Board members to review in advance of a meeting. At the meeting, it will be discussed as part of an agenda item and any questions addressed. Once the Governing Board members have approved the return, the tax preparer is notified to finalize and file.
Form 990, Part VI, Section B, line 12c	All transactions are reviewed by the Executive Director, Finance Director, and Accounting Manager for potential or actual conflicts. The persons covered by the policy include the Director, officer or member of a committee, or any person in a position to exercise substantial influence of the affairs of the Corporation who has a direct or indirect financial interest. Appropriate disciplinary action would be taken against any person that does not adequately disclose their conflict of interest.
Form 990, Part VI, Section B, line 15	A comparison of salaries was performed in 2006. Since that time compensation remained the same for 5 years due to reduced state aid budget and was increased by 2% or less in 8 years for cost of living.
Form 990, Part VI, Section C, line 19	Governing Board meeting and agenda notices are posted at the School. Financial statements are forwarded to the State and posted to their website. Monthly financials are available at the Board meetings. Conflict of interest is addressed in policy DJ of the Paradise Schools ASBA policy book located in the "Governing Board" link of the Organization's website.