Furnish For Good is located in Charlotte, NC. The organization was established in 2019. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Furnish For Good 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 05/2022, Furnish For Good generated $423.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $303.9k during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT FURNITURE AND HOUSEHOLD GOODS TO INDIVIDUALS AND FAMILIES TRANSITIONING OUT OF HOMELESSNESS, POVERTY AND OTHER DIRE CIRCUMSTANCES THROUGH THE EFFECTIVE RE-USE OF QUALITY FURNITURE AND HOUSEHOLD DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FURNITURE AND HOUSEHOLD GOODS TO 180 FAMILIES (351 ADULTS AND CHILDREN) DURING THE FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lesley Faulkner Secretaryadmin Coordinator | Officer | 25 | $16,600 |
Genie Scheurer Board Member | OfficerTrustee | 10 | $0 |
Priscilla Chapman Executive Director | Officer | 25 | $0 |
Mary Beth Hollett Chairman Of The Board | Officer | 25 | $0 |
Kitty Bray Volunteer Coordinator | Officer | 8 | $0 |
Taylor Adams Board Member | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $195,060 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $203,730 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $398,790 |
Total Program Service Revenue | $24,916 |
Investment income | $43 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $423,749 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,245 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,200 |
Advertising and promotion | $3,122 |
Office expenses | $11,320 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $62,702 |
Travel | $30 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,167 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,962 |
Insurance | $11,629 |
All other expenses | $60,603 |
Total functional expenses | $303,918 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $432,780 |
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 | $9,072 |
Net Land, buildings, and equipment | $6,377 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $15,423 |
Other assets | $0 |
Total assets | $463,652 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $386,705 |
Net assets with donor restrictions | $76,947 |
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 | $463,652 |
Over the last fiscal year, we have identified 1 grants that Furnish For Good has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Housing Collaborative Charlotte, NC | $3,657,105 | $83,275,604 |
People Incorporated Housing Group Abingdon, VA | $23,796,045 | $13,192,041 |
Habitat For Humanity International Inc Charlottesville, VA | $30,158,834 | $8,198,441 |
Southeastern Housing And Community Development Barnwell, SC | $15,553,642 | $5,568,906 |
Distinctive Housing Solutions Inc Brunswick, GA | $6,407,391 | $5,577,789 |
Student Housing Of America Inc Atlanta, GA | $18,887,768 | $4,459,972 |
Habitat For Humanity International Inc Franklin, TN | $15,154,488 | $5,571,320 |
Piedmont Housing Alliance Incorporated Charlottesville, VA | $40,182,499 | $6,545,967 |
Fairview Housing Management Johnson City, TN | $5,768,830 | $3,674,479 |
Stones River Development Corporation Murfreesboro, TN | $15,999,619 | $139,146 |
Albemarle Housing Improvement Program Inc Charlottesville, VA | $5,877,628 | $5,756,026 |
American Opportunity Foundation Inc Atlanta, GA | $36,469,989 | $25,080,242 |