Mustard Seed Furniture Bank Of Fort Wayne Inc
- Assets
- $776.9k
- Revenue
- $575.2k
- Investments
- $0.0
- Employees
- 13
- Location
- Fort Wayne, IN
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 35-2149283
Organization Overview
Mustard Seed Furniture Bank Of Fort Wayne Inc is located in Fort Wayne, IN. The organization was established in 2002. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Mustard Seed Furniture Bank Of Fort Wayne Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mustard Seed Furniture Bank Of Fort Wayne Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mustard Seed Furniture Bank Of Fort Wayne Inc generated $575.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $501.7k during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSEHOLD FURNISHINGS TO FAMILIES AND INDIVIDUALS AS THEY REBUILD THEIR LIVES AFTER SUFFERING DISASTER, PERSONAL TRAGEDY OR OTHER MISFORTUNES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSTARD SEED FURNITURE BANK OF FORT WAYNE HAS BEEN PROVIDING HOUSEHOLD FURNITURE, LINENS AND KITCHENWARE TO FAMILIES AND INDIVIDUALS AS THEY REBUILD THEIR LIVES AFTER SUFFERING DISASTER, PERSONAL TRAGEDY OR OTHER MISFORTUNES SINCE 2002.DONATED ITEMS THAT MEET THE MISSION AND HAVE LIFE TO SHARE ARE PROVIDED BY BUSINESSES, ORGANIZATIONS AND INDIVIDUALS. VOLUNTEERS AND STAFF PICK UP, SORT AND DISPLAY THE ITEMS IN OUR WAREHOUSE. IN 2021, DONATIONS CAME FROM OVER 1,671 DONOR SOURCES. CLIENTS ARE REFERRED IN TO THE AGENCY THROUGH A COLLABORATION WITH LOCAL NON-PROFIT ORGANIZATIONS, SOCIAL SERVICE AGENCIES, CHURCHES AND SCHOOLS. TO ENSURE SERVICES ARE PROVIDE TO THOSE WHO ARE TRULY IN NEED, THESE AGENCIES MAKE HOME VISITS AND VERIFY THIS NEED BEFORE SUBMITTING A REFERRAL FOR THEIR CLIENTS. DUE TO THE PANDEMIC, "HOME VISITS" NOW INCLUDE IN-PERSON VISITS, VIRTUAL AND "TOURS" WITH THE REFERRING FAMILY. THIS ENSURES THAT THE NEEDS OF THE FAMILY ARE ADDRESSED WHILE ENSURING THE SAFETY OF THE FAMILY AS WELL AS THE REFERRING AGENCY WORKERS AS THEY MAINTAIN THE PROTOCOL OF THE REFERRING PARTNERS.DEPENDING ON THE CLIENT'S REFERRAL AND OUR STOCK, THEY CAN RECEIVE LARGE ITEMS (SOFA, BED, LIVING ROOM CHAIRS, END/COFFEE TABLES, KITCHEN TABLE AND CHAIRS, DRESSER, ETC.) AS WELL AS BED AND KITCHEN LINENS AND KITCHENWARE. HOME DECOR ITEMS ALONG WITH COOK BOOKS AND CHILDREN'S BOOKS NOW REMAIN THE BACK AREA OF THE WAREHOUSE FOR CLIENTS TO CHOOSE WHEN LOADING UP THEIR VARIOUS ITEMS TO MAKE THEIR HOUSE A HOME.IN 2021, THE MUSTARD SEED FURNITURE BANK OF FORT WAYNE SERVED 330 HOUSEHOLDS, TOUCHING THE LIVES OF 446 ADULTS AND 542 CHILDREN FROM A NETWORK OF 111 REFERRING AGENCY PARTNERS. THE BEDS4KIDS PROGRAM ALLOWS CHILDREN, AGES 2-17, WHO NEED BEDS, TO OBTAIN EVERYTHING NEEDED FOR A NIGHT OF SLEEP IN THEIR OWN CLEAN AND COMFORTABLE BED THAT INCLUDES A NEW MATTRESS, PLATFORM BED FRAME, PILLOW AND GENTLY-USED OR NEW BLANKET AND SHEETS. IN 2021, WE PROVIDED COMPLETE BED PACKAGES TO 542 CHILDREN. ALLOWING THE MISSION TO CONTINUE AS THE MUSTARD SEED "FURNISHES HELP TO REBUILD LIVES."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Jordan Executive Director | Officer | 40 | $67,209 |
Jami Thomas Secretary | OfficerTrustee | 0.5 | $0 |
Cory Dietz President | OfficerTrustee | 1 | $0 |
Mikel Kamphues Vice-President | OfficerTrustee | 0.5 | $0 |
Brooks Diller Treasurer | OfficerTrustee | 1 | $0 |
Melyssa Lennington Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $124,155 |
| Related organizations | $0 |
| Government grants | $28,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $427,216 |
| Noncash contributions included in lines 1a–1f | $175,073 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $580,071 |
| Total Program Service Revenue | $9,540 |
| Investment income | $512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $202,692 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,288 |
| Compensation of current officers, directors, key employees. | $3,290 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,627 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,871 |
| Payroll taxes | $10,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,279 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,170 |
| Advertising and promotion | $13,070 |
| Office expenses | $22,941 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,690 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,065 |
| Insurance | $14,054 |
| All other expenses | $0 |
| Total functional expenses | $501,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,937 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,112 |
| Net Land, buildings, and equipment | $166,445 |
| Investments—publicly traded securities | $37,454 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,979 |
| Total assets | $776,927 |
| Accounts payable and accrued expenses | $5,637 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,637 |
| Net assets without donor restrictions | $648,025 |
| Net assets with donor restrictions | $123,265 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $776,927 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Mustard Seed Furniture Bank Of Fort Wayne Inc has recieved totaling $113,674.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN PURPOSE: CHARITABLE SUPPORT | $31,950 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $31,500 |
Aws Foundation Inc Fort Wayne, IN PURPOSE: PROGRAMMING | $25,000 |
English-Bonter-Mitchell Foundation Pittsburgh, PA PURPOSE: HOME FURNISHINGS | $7,500 |
Zollner Foundation Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $7,500 |
Flora Dale Krouse Foundation Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $6,000 |
Endowment Analysis
| Beg. Balance | $18,297 |
| Earnings | $3,682 |
| Ending Balance | $21,979 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Real Services Inc South Bend, IN | $13,142,791 | $21,488,865 |
Community Services League Of Jackson County Independence, MO | $10,715,608 | $18,545,815 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Missouri Valley Community Action Agency Marshall, MO | $8,413,322 | $11,809,512 |
Area Iv Agency On Aging And Community Action Programs Inc Lafayette, IN | $2,168,785 | $11,411,192 |
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Action Agency Of Greater Kansas City Kansas City, MO | $3,181,804 | $8,038,211 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Operation Bbq Relief Peculiar, MO | $14,879,386 | $7,436,557 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |
Feed My People St Louis, MO | $3,730,399 | $5,819,156 |