Paragon Institute of Innovation
THE CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR PUBLIC AND CHARITABLE PURPOSES.THE SPECIFIC PURPOSE OF THE CORPORATION IS TO CULTIVATE THE NEXT WAVE OF BRILLIANT MINDS THROUGH THINK TANK PROJECTS FOR SCIENCE, TECHNOLOGIES AND ECONOMIC DEVELOPMENT.
Paragon Institute of Innovation
The Paragon Institute of Innovation is a nonprofit organization registered under the Internal Revenue Service with the Employer Identification Number (EIN) 851216282. It is headquartered in North Hollywood, California.
Purpose
The institute is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes. Its specific purpose is to cultivate the integration of new and improved technologies into society. This involves researching, developing, and supporting technological advancements that can lead to transformative societal changes[2][3].
Financial Information
As of the latest available financial data, the institute reported total revenues of $313,627 for the fiscal year ending in December 2023. This revenue primarily came from fundraising events and miscellaneous sources. However, it does not appear to have received significant grants or program service revenues during this period[2].
Leadership and Governance
The leadership of the Paragon Institute of Innovation includes Michelle Gonzalez as Executive Director, Elie Daher as Director of Operations, and Valerie Thomas as Director of Innovation. The organization does not have any recorded board members[2][3].
Ratings and Compliance
The Paragon Institute of Innovation has received a 1/4 star rating on Charity Navigator, indicating it has not met certain criteria for transparency and accountability. Additionally, it is listed as being delinquent with California state registrations[4].
Activities
While specific activities and projects are not widely detailed, the institute's mission focuses on promoting technological innovation as a means of societal progress. This includes supporting the progressive integration of new technologies into various sectors to catalyze transformative change[2][5].
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2020
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Paragon Institute of Innovation
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