Hazelton Development Corp (EIN 450419012) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Russell Schick

Phone

7012506712

Tax Period

2024-01-01 to 2024-12-31

Hazelton Development Corp, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $98K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 64% operating margin.

Mission

Economic Development

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $133,914

Program Service Revenue $0

Investment Income $158

Other Revenue $-36,266

TOTAL REVENUE $97,806

Expense Breakdown

Grants Paid $14,932

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,246

Other Expenses $20,314

TOTAL EXPENSES $35,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,806	$70,364	+0.4%
Expenses	$35,246	$8,682	+3.1%
Net Income	$62,560	$61,682	+0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bev Voller	President	10.00	Officer	$0	$0	$0
Russell Schick	Vice President	10.00	Officer	$0	$0	$0
Gloria Pederson	Secretary	10.00	Officer	$0	$0	$0
Don Davis	Treasurer	5.00	Officer	$0	$0	$0
Dean Wiess	Director	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$97,806	$35,246	$723,317	$62,560
2023	$70,364	$8,682	$706,007	$61,682
2022	$28,840	$25,784	$702,275	$3,056
2021	$25,966	$201	$736,556	$25,765
2020	$11,160	$2,010	$741,836	$9,150
2019	$9,798	$5,214	$763,115	$4,584
2018	$-883	$122	$785,416	$-1,005

Hazelton Development Corp