RIDGEWOOD, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOCIAL SERVICE ASSOCIATION OF RIDGEWOOD AND VICINITY INC, founded in 1913, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $322K exceeded revenue, resulting in a 23% operating deficit.
SOCIAL SERVICE ASSOCIATION OF RIDGEWOOD AND VICINITY, INC. (THE ORGANIZATION") IS A NOT-FOR-PROFIT AGENCY THAT PROVIDES BASIC SUPPLEMENTAL FINANCIAL ASSISTANCE AND CASE MANAGEMENT SERVICES TO INDIVIDUALS AND FAMILIES IN NEED IN RIDGEWOOD, NEW JERSEY AND OTHER SURROUNDING TOWNS. THE ORGANIZATION IS FUNDED PRIMARILY THROUGH CONTRIBUTIONS FROM INDIVIDUALS WHO LIVE AND WORK IN NORTHERN BERGEN COUNTY AS WELL AS LOCAL BUSINESSES, CHURCHES, SYNAGOGUES, AND OTHER ORGANIZATIONS IN THE COMMUNITIES SERVED BY THE ORGANIZATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $261,920 | $303,229 | -0.1% |
| Expenses | $322,403 | $340,199 | -0.1% |
| Net Income | $-60,483 | $-36,970 | +0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NANCY DRESZLER | AGENCY DIRECTOR | 30.00 |
Officer
|
$47,573 | $0 | $47,573 |
| STEPHANIE KRACHENFELS | CASE MANAGER | 30.00 |
Officer
|
$35,490 | $0 | $35,490 |
| CHERYL SORABELLA | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHLEEN BURKE | CO VP/VP FINANCE/TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANIE MCTIGUE | VP CASE | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDY SAYDAH | VP PANTRY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER SPRINGER | RECORDING SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUZANNE GAGEN | CORRESPONDING SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $261,920 | $322,403 | $425,024 | $-60,483 |
| 2023 | $303,229 | $340,199 | $495,415 | $-36,970 |
| 2022 | $320,677 | $406,165 | $530,289 | $-85,488 |
| 2021 | $342,449 | $262,942 | $572,529 | $79,507 |
| 2020 | $415,021 | $264,681 | $510,646 | $150,340 |
| 2019 | $265,919 | $296,822 | $350,554 | $-30,903 |
| 2018 | $276,421 | $279,155 | $380,693 | $-2,734 |
Compare SOCIAL SERVICE ASSOCIATION OF RIDGEWOOD AND VICINITY INC with other nonprofits in New Jersey and across the country.