Elementary school (grades K-5) · Indianapolis, IN

Paramount Online Academy

Federal NCES profile for Paramount Online Academy, including enrollment, faculty, free-lunch eligibility, demographics, and resource indicators - Resource Investment Index 15/100.

2024-25 NCES dataElementary school (grades K-5)NCES 180022602731Charter school
0/100100/10015/100
👥 S:T ratio
0
🌟 Gifted program
30
Scored 0–100 from federal NCES and CRDC indicators, resource allocation, not test scores. Full methodology →

The verdict

Paramount Online Academy earns 15/100 on the Resource Investment Index, with class sizes larger than 98% of Indiana schools. It is also more racially and ethnically mixed than most Indiana schools.

#86 of 89
elementary schools in Indianapolis · Resource Index
15
Resource Index · Lower
27.2:1
large classes for Indiana
86.1%
free-lunch eligible

Paramount Online Academy has class sizes larger than 98% of Indiana schools. Computed live against every Indiana school reporting to NCES.

By Resource Investment Index, Paramount Online Academy ranks #86 of 89 elementary schools in Indianapolis, IN.

Enrollment

163

Indiana · 2024-25 NCES data

Teachers (FTE)

6.0

Federal CCD staff survey

Students per teacher

27.2:1

vs 15.9:1 Indiana avg

+71% vs state

Free-lunch eligible

86.1%

vs 49.5% Indiana avg

+74% vs state

Student-teacher ratio in context

How Paramount Online Academy compares with Indiana and U.S. medians

Larger classes than state median
0:135:127.2:1

Source: NCES Common Core of Data As of 2024-25 federal staff survey Total enrollment ÷ full-time-equivalent classroom teachers

What stands out at Paramount Online Academy

Paramount Online Academy is a high-poverty, small charter elementary school in Indianapolis, Indiana, enrolling 163 students.

Class loads run heavy: 27.2:1 is larger than about 98% of Indiana schools and 71% above the 15.9:1 state mean, so each teacher carries more students than is typical.

Economic need is high: 86.1% of students qualify for free meals, 74% above the Indiana average, a Title I-weighted population that federal funding formulas prioritise.

This is a small campus: fewer students than 94% of Indiana schools, with 163 enrolled.

Its Resource Investment Index trails 99% of the 1,862 Indiana schools with a score on record, one of the lower results on this measure.

Among 35 similarly sized, similarly resourced-need Indiana schools statewide, it ranks #32, in the lower tier once campus size and economic need are matched.

Its student body is led by African American (46%) and White (25%), more mixed than most schools in the state (diversity index 69/100).

The surrounding Paramount Online Academy spends $6,252 per pupil, 48% below the Indiana average, a leaner-resourced district than most.

Among Indianapolis's elementary schools, it stands alongside Lillie Idella Kitley Intermediate (1,365 students): Paramount Online Academy is smaller than that campus by headcount and runs heavier classes (27.2:1 vs 21:1).

Paramount Online Academy is a single-school charter district, so Paramount Online Academy operates independently rather than alongside district-mates. At 163 students, it is also a small operation, on the smaller end of Indiana's single-school districts.

Sourced from NCES CCD, CRDC, and F-33 (federal records, not a quality verdict). How we source and compute this.

Source: National Center for Education Statistics Common Core of Data + CRDC + F-33 · 2024-25

How Paramount Online Academy compares

Paramount Online Academy on the metrics families compare, against Indiana and U.S. means.

Metric This school vs Indiana Indiana avg U.S. avg
Students per teacher 27.2:1 ▲ 71% 15.9:1 15.7:1
Free-lunch eligible 86.1% ▲ 74% 49.5% 51.7%
Enrollment 163 top 94% - -

Source: NCES Common Core of Data School-level CCD + state/national means from Public School Universe · 2024-25

27.2:1
Leaner classes than 3% of US schools, heavier class loads than most.
163
Bigger than 16% of US schools by enrollment, a small campus.

Equity indicators (what these measure)

Economic need
86.1%
free-lunch eligible - 74% above the Indiana average of 49.5%
Well above the 40% Title I schoolwide threshold, among the highest-need profiles in the state; federal funds support the whole school, not individual students.
Staffing depth
27.2:1
students per teacher - 71% above state mean
Top 98% in Indiana - lower ratio than 2% of state schools
Well above 20:1, one of the more stretched staffing loads nationally relative to enrollment.
Funding equity
$6,252
per pupil, district-wide - below Indiana avg of $12,079
Well below the U.S. average per-pupil spend, a notably leaner funding position that may affect programs, facilities, and staffing.
Support staff
Counselors0.0 FTE
Student-support staffing from the Civil Rights Data Collection.
Discipline context
0
in-school suspensions + 0 out-of-school
Suspension rate: 0.0 per 100 students. Combined in-school and out-of-school rate: 0.0 per 100 students. Reported via the Civil Rights Data Collection.

Overview

  • Common Core of Data (June 2026): enrollment, staffing, and the student-teacher ratio above.
  • Civil Rights Data Collection: discipline counts and program access (AP, gifted, special education).
  • F-33 School District Finance Survey: the district-wide per-pupil spending figures below.

Three separate federal collections, each on its own reporting cadence - which is why this school's numbers line up on a consistent basis against every other school and state on this site, rather than mixing figures pulled from different survey years.

Student demographics

African American 46.0%
White 24.5%
Two or More 15.3%
Hispanic or Latino 14.1%

Largest group: African American at 46.0% of enrollment.

Student-body diversity index 68.5/100

Simpson diversity index - at 68.5, Paramount Online Academy is more mixed than the Indiana school average of 39.0.

Programs

Funding & spending

District-wide per-pupil expenditure for Paramount Online Academy, which includes Paramount Online Academy.

$6,252
Per student
-48%
vs Indiana
Avg $12,079
-62%
vs U.S.
Avg $16,593
Revenue mix
Local 53.9%
State 36.2%
Federal 9.9%

Source: NCES F-33 School District Finance Survey District-level finance · FY 2021-22 Per-pupil expenditure reflects the district-wide average. Individual school budgets are not reported at the federal level.

Similar elementary schools in Indianapolis

6 comparable elementary schools (grades K-5) serving the same city.

Similar elementary schools statewide

Matched by enrollment size and by staffing ratio across all of Indiana, not just this city - a different peer set than the local comparisons above.

Next steps

Verify locally before acting on Paramount Online Academy's federal record.

Federal record (CCD 2024-25, CRDC 2021-22) - PlainSchools assigns no subjective rating; the composite quality score is a transparent, reproducible index computed from this cited federal data.

Frequently asked questions about Paramount Online Academy

How many students attend Paramount Online Academy?

Paramount Online Academy has 163 students enrolled. It is an elementary school in Indianapolis, IN.

What is the student-teacher ratio at Paramount Online Academy?

The student-teacher ratio at Paramount Online Academy is 27.2:1, which is 71% higher than the Indiana average of 15.9:1 and 73% higher than the national average of 15.7:1.

What percentage of students receive free lunch at Paramount Online Academy?

86.1% of students at Paramount Online Academy are eligible for free lunch, compared to the Indiana average of 49.5%.

What is the racial and ethnic makeup of Paramount Online Academy?

The largest demographic group at Paramount Online Academy is African American at 46.0% of enrollment, in Indianapolis, IN. Its student body is more racially and ethnically mixed than most US schools, with a diversity index of 68.5/100.

What is the Resource Investment Index for Paramount Online Academy?

Paramount Online Academy has a Resource Investment Index of 15/100 (lower reported resources relative to schools nationally) based on 2 factors: student-teacher ratio. Not a test-score or academic measure (national median ~41/100, see methodology). Limited indicators were available, so the index reflects partial data.

How does Paramount Online Academy rank among elementary schools in Indianapolis?

By Resource Investment Index, Paramount Online Academy ranks #86 of 89 elementary schools in Indianapolis, IN. This compares federal resource and staffing data among local peers; it is not a test-score or academic ranking. See all elementary schools in Indianapolis on the city page.

Is Paramount Online Academy a good school?

Paramount Online Academy earns 15/100 on the Resource Investment Index, with class sizes larger than 98% of Indiana schools. It is also more racially and ethnically mixed than most Indiana schools. This is a resource snapshot, not an academic rating; see the Resource Investment Index question above for what the number does and doesn't measure.

What other schools are in Paramount Online Academy?

None; Paramount Online Academy is a single-school charter district, and Paramount Online Academy is its only campus.

Source: National Center for Education Statistics (NCES) CCD + Public School Universe (2024-25), CRDC (2021-22), F-33 District Finance Survey (FY 2021-22) · 2024-25 Data as of the 2024-25 school year. Coverage from U.S. Department of Education NCES Common Core of Data. Varies by entity type; administrative districts and certain charter networks may report only a subset of fields.

All federal data sources used on this page

Full source list and how we compute each figure: methodology page.

View saved

Every figure on PlainSchools is rendered directly from the source NCES, CRDC and F-33 federal records, no number is typed in by an editor. Each school's figures reflect its most recent NCES/CRDC submission on file. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of June 2026.