PRESSLEY RIDGE - MARYLAND

EIN: 263690486 501(c)(3) Housing & Shelter

PITTSBURGH, PA

Total Revenue
$4,881,346
Total Expenses
$5,217,752
Total Assets
$1,204,759
Net Assets
$-2,878,774
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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
2008
Legal Domicile
MD
Principal Officer
SUSANNE L COLE MA
Phone
4128729400
Tax Period
2024-07-01 to 2025-06-30

PRESSLEY RIDGE - MARYLAND, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $4.9M in total revenue in fiscal year 2024.

Mission

PRESSLEY RIDGE'S VISION IS "ALL KIDS THRIVE". ALL OF US AT PRESSLEY RIDGE SHARE A DREAM THAT ONE DAY ALL KIDS MAY THRIVE. ALL OUR EFFORTS EVERY DAY ARE DIRECTED AT CREATING A WORLD IN WHICH OUR VISION CAN BECOME A REALITY. OUR MISSION STATEMENT "WHATEVER IT TAKES TO CREATE SUCCESS FOR CHILDREN AND FAMILIES" SPEAKS TO OUR COMPLETE AND UNEQUIVOCAL COMMITMENT TO DO ALL IN OUR POWER TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES EVERYWHERE AND ESPECIALLY THOSE WHOSE LIVES WE TOUCH. THERE IS NO CHALLENGE TOO BIG OR BARRIER TOO STRONG TO KEEP US FROM DOING OUR UTMOST ON THEIR BEHALF. WE SUCCEED WHEN THEY SUCCEED, THEN AND ONLY THEN.

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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 $154,686
Program Service Revenue $4,726,660
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,881,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,734,128
Fundraising Expenses $0
Program Expenses $4,579,418
Other Expenses $2,483,624
TOTAL EXPENSES $5,217,752

Year-over-Year Comparison

2024 2023 Change
Revenue $4,881,346 $4,953,667 0.0%
Expenses $5,217,752 $5,915,104 -0.1%
Net Income $-336,406 $-961,437 -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
6
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$1,004,645
Total Directors
6
$1,004,645
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSANNE L COLE MA PRESIDENT & CEO/CHAIR 2.00
Officer Director
$0 $50,210 $607,560
DOUGLAS A MULLINS CFO/TREASURER 2.00
Officer Director
$0 $32,388 $397,085
ROBERT JOHNSON JR DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA BLOCK DIRECTOR 1.00
Director
$0 $0 $0
EILEEN STEVENS SECRETARY 2.00
Officer Director
$0 $0 $0
JENNIFER MULROONEY DIRECTOR 1.00
Director
$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
2025 $4,881,346 $5,217,752 $1,204,759 $-336,406
2024 $4,953,667 $5,915,104 $1,831,909 $-961,437
2023 $5,651,361 $6,410,066 $1,407,848 $-758,705
2022 $7,015,033 $7,603,625 $637,875 $-588,592
2021 $8,510,499 $8,336,100 $946,901 $174,399
2020 $8,357,634 $8,542,388 $651,819 $-184,754
2019 $8,779,295 $8,702,612 $772,533 $76,683
2018 $4,490,560 $4,739,162 $298,634 $-248,602
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