HAZELWOOD PRESCHOOL

EIN: 881358292 501(c)(3) Education

Seattle, WA

Total Revenue
$588,839
Total Expenses
$592,723
Total Assets
$44,899
Net Assets
$21,069
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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
2021
Legal Domicile
WA
Principal Officer
Jessica Bechwith
Phone
2067906748
Tax Period
2024-01-01 to 2024-12-31

HAZELWOOD PRESCHOOL, founded in 2021, is a small nonprofit in the Education sector that reported $589K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Our school is committed to providing educational opportunities regardless of economic status. We offer tuition scholarships and school supplies for families in need

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,246
Program Service Revenue $581,206
Investment Income $58
Other Revenue $1,329
TOTAL REVENUE $588,839

Expense Breakdown

Grants Paid $0
Salaries & Benefits $425,575
Fundraising Expenses $4,467
Program Expenses $549,662
Other Expenses $167,148
TOTAL EXPENSES $592,723

Year-over-Year Comparison

2024 2023 Change
Revenue $588,839 $467,206 +0.3%
Expenses $592,723 $424,773 +0.4%
Net Income $-3,884 $42,433 -1.1%
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

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Governance

Voting Members
8
Independent Members
N/A
Employees
27
Volunteers
5

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
1
$84,583
Total Directors
0
$0
Key Employees
1
$84,583
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Beckwith Executive Director 40
Officer Key Emp Highest
$84,583 $0 $84,583
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 $588,839 $592,723 $44,899 $-3,884
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