PRESSLEY RIDGE TEXAS (EIN 853385058) - 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

2020

Legal Domicile

Phone

4128729400

Tax Period

2024-07-01 to 2025-06-30

PRESSLEY RIDGE TEXAS, founded in 2020, is a mid-sized nonprofit in the Human Services sector that reported $43.2M in total revenue in fiscal year 2024. Revenue surged 140% from the prior year, signaling strong growth momentum. Expenses of $38.9M left a modest 10% surplus.

Mission

TEXAS FAMILY CARE NETWORK, A DIVISION OF PRESSLEY RIDGE TEXAS, IS THE SINGLE SOURCE CONTINUUM CONTRACTOR (SSCC) FOR REGION 5 (DEEP EAST) OF TEXAS. AS THE SSCC, TEXAS FAMILY CARE NETWORK FINDS FOREVER FAMILIES FOR CHILDREN IN STATE CARE BY FINDING FOSTER OR ADOPTIVE HOMES OR OTHER LIVING ARRANGEMENTS AND PROVIDING A FULL RANGE OF CASE MANAGEMENT SERVICES.

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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 $23,414,831

Program Service Revenue $19,804,074

Investment Income $11,397

Other Revenue $0

TOTAL REVENUE $43,230,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,573,663

Fundraising Expenses $0

Program Expenses $37,591,321

Other Expenses $23,325,147

TOTAL EXPENSES $38,898,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,230,302	$17,997,417	+1.4%
Expenses	$38,898,810	$16,872,188	+1.3%
Net Income	$4,331,492	$1,125,229	+2.8%

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

217

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

$1,004,645

Total Directors

$1,004,645

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSANNE COLE	PRESIDENT/CEO/CHAIR	2.00	Officer Director	$0	$50,210	$607,560
DOUG MULLINS	CFO/TREASURER	2.00	Officer Director	$0	$32,388	$397,085
RICHARD NEDELKOFF	SECRETARY	2.00	Officer Director	$0	$0	$0
KENNETH BULLOCK	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA CORRERA	DIRECTOR	1.00	Director	$0	$0	$0
ROCKY HENSARLING	VICE PRESIDENT OF COMMUNITY BASED CARE	40.00	Highest	$169,786	$15,766	$185,552
KELLI GUIDRY	SENIOR DIRECTOR OF OPERATIONS	40.00	Highest	$132,991	$8,359	$141,350
AMY STRICKLER	SENIOR DIRECTOR OF QUALITY ASSURANCE & CONTRACTS	40.00	Highest	$120,663	$11,692	$132,355
SHERI PULLIAM	SENIOR DIRECTOR OF COMMUNITY ENGAGEMENT	40.00	Highest	$118,678	$7,422	$126,100

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	$43,230,302	$38,898,810	$10,963,977	$4,331,492
2024	No data	No data	No data	No data
2023	$139,000	$139,000	$1,228,011	No data

PRESSLEY RIDGE TEXAS