Furniture Bank Of Metro Atlanta Inc is located in Atlanta, GA. The organization was established in 1989. 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 09/2021, Furniture Bank Of Metro Atlanta Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Furniture Bank Of Metro Atlanta 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 09/2021, Furniture Bank Of Metro Atlanta Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $1.6m during the year ending 09/2021. While expenses have increased by 9.1% per year over the past 6 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
THE ORGANIZATIN PROVIDES ESSENTIAL HOUSEHOLD FURNITURE TO INDIVIDUALS AND FAMILIES MOVING OUT OF HOMELESSNESS, BATTLING HIV/AIDS, AND FLEEING DOMESTIC VIOLENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HOUSEHOLD FURNISHINGS TO PREVIOUSLY HOMELESS FAMILIES AND PERSONS, INCLUDING PEOPLE LIVING WITH HIV/AIDS, PHYSICAL OR MENTAL HADICAPS, AND WOMEN AND CHILDREN FLEEING DOMESTIC VIOLENCE IN METRO ATLANTA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Megan Anderson Executive Dir. | Officer | 40 | $75,000 |
Brian Craver Chairman | OfficerTrustee | 2 | $0 |
Victoria Nail-Taylor Vice President | OfficerTrustee | 2 | $0 |
Paul Rosenblatt Treasurer | OfficerTrustee | 2 | $0 |
Pamella Roebuck Secretary | OfficerTrustee | 2 | $0 |
Brett Connor Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $196,880 |
All other contributions, gifts, grants, and similar amounts not included above | $776,424 |
Noncash contributions included in lines 1a–1f | $389,372 |
Total Revenue from Contributions, Gifts, Grants & Similar | $973,304 |
Total Program Service Revenue | $436,628 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,250 |
Net Income from Fundraising Events | $143,577 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,557,759 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $71,738 |
Compensation of current officers, directors, key employees. | $7,174 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $457,692 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $113,992 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $27,585 |
Advertising and promotion | $0 |
Office expenses | $45,334 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,243 |
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 | $76,057 |
Insurance | $80,709 |
All other expenses | $66,213 |
Total functional expenses | $1,600,675 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $531,687 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $178,471 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $6,823 |
Prepaid expenses and deferred charges | $49,665 |
Net Land, buildings, and equipment | $782,626 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $700 |
Total assets | $1,549,972 |
Accounts payable and accrued expenses | $128,823 |
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 | $128,823 |
Net assets without donor restrictions | $1,132,825 |
Net assets with donor restrictions | $288,324 |
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 | $1,549,972 |
Over the last fiscal year, we have identified 1 grants that Furniture Bank Of Metro Atlanta Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Aec Trust Wilmington, DE PURPOSE: MAKING A HOUSE A HOME | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Society Of Saint Vincent De Paul Archdiocesan Council Of Miami Inc Pompano Beach, FL | $3,397,404 | $19,730,738 |
United Food Force Inc Mcdonough, GA | $2,007,344 | $13,651,508 |
Crisis Assistance Ministry Charlotte, NC | $9,210,179 | $12,946,602 |
Urban Ministries Of Wake County Inc Raleigh, NC | $7,262,423 | $11,747,038 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
North Fulton Community Charities Inc Roswell, GA | $11,894,105 | $9,822,757 |
Guadalupe Center Inc Immokalee, FL | $34,725,247 | $10,336,236 |
Suwannee River Economic Council Inc Live Oak, FL | $11,040,915 | $10,809,729 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
The Center For Family Resources Inc Marietta, GA | $3,412,600 | $7,984,553 |
United Food Bank And Services Of Plant City Inc Plant City, FL | $2,071,779 | $8,259,212 |
Jesus House Of Hope Inc Stuart, FL | $4,353,557 | $8,126,486 |