Pressley Ridge

Nonprofit profile at a glance

EIN
250965460
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4128729400
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$79,446,966
Expenses
$75,944,462
Assets
$49,050,680
Liabilities
$14,573,617

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • SUSANNE L COLE MA (PRESIDENT & CEO)
  • JESSE MCCLEAN (EXECUTIVE DIRECTOR)
  • ANGELA HAMILTON (EXECUTIVE DIRECTOR)
  • MATT MILLET (VICE PRESIDENT OF DEVELOPMENT & DONOR ENGAGEMENT)

Highest reported compensation

  • SUSANNE L COLE MA (PRESIDENT & CEO): $607,560 total reported compensation
  • DOUGLAS A MULLINS (CHIEF FINANCIAL OFFICER): $397,085 total reported compensation
  • LAURAH CURREY (CHIEF OPERATING OFFICER): $378,102 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2024

Family preservation & in-home services - individualized services that focus on keeping children and youth in their homes and communities, and to decrease parental stress, family conflict, and social and emotional difficulties that can create crises. Our services are flexible and attentive to the daily needs of families, and can occur in the home, at school, or in the community. Comprehensive outpatient treatment and counseling services are offered for a variety of emotional, behavioral, and mental health issues, including individual therapy, family therapy, group therapy, psychiatric evaluations, and medication management. Supportive services for transition-age youth are designed to work with youth to obtain the life skills and support needed to achieve their goals and change the way they view life and their own potential. The family preservation & in-home services program served 4,730 clients in the current tax year.

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 95
  • Accountability: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.7%; rating input score 85
  • Program expense ratio: 88.6%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4.4%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 0.65; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 3.8%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 1.2% per year; rating input score 100; 11th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: 6.6% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 84.7% of revenue deployed · 88.6% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $67.3M in reported program spending
  • Leadership: top reported pay $608K · 24 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.6M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 28/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.