SOUTH PRE SCHOOL INC

EIN: 911048195 501(c)(3)

NORMANDY PARK, WA

Total Revenue
$118,446
Total Expenses
$116,349
Total Assets
$8,011
Net Assets
$8,011
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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
1978
Legal Domicile
WA
Principal Officer
NANCY PEDERSEN
Phone
2062469100
Tax Period
2023-07-01 to 2024-06-30

SOUTH PRE SCHOOL INC, founded in 1978, is a small nonprofit that reported $118K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDE QUALITY PRESCHOOL EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,075
Program Service Revenue $112,371
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,597
Fundraising Expenses $0
Program Expenses $116,349
Other Expenses $30,752
TOTAL EXPENSES $116,349

Year-over-Year Comparison

2023 2022 Change
Revenue $118,446 $108,944 +0.1%
Expenses $116,349 $101,112 +0.2%
Net Income $2,097 $7,832 -0.7%
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
1
Independent Members
N/A
Employees
4
Volunteers
N/A

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
$34,165
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY PEDERSEN President 19.00
Officer
$34,165 $0 $34,165
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 $118,446 $116,349 $8,011 $2,097
2023 $108,944 $101,112 $5,914 $7,832
2022 $89,308 $100,854 $-9,571 $-11,546
2021 $72,277 $84,883 $1,975 $-12,606
2020 $97,359 $97,163 $14,581 $196
2019 $90,089 $84,874 $14,385 $5,215
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