Overview
What is Nw Furniture Bank?
Nw Furniture Bank is a nonprofit organization situated in Tacoma, Washington, specifically at 117 Puyallup Ave. Their primary mission is to restore hope, dignity, and stability in the community by recycling donated furniture and distributing it to individuals in need. In 20XX, they served 2,071 family units, supplying them with a full household's worth of furniture. This included 34,372 items, collectively valued over $1,281,000. The organization's efforts not only provided families with essential furniture but also generated employment opportunities and engaged over 3,200 volunteer hours. With a dedicated workforce of 30 individuals, Nw Furniture Bank continues its mission to uplift the community by reusing donated furniture to support those in need.
Official website here: www.nwfurniturebank.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
Nw Furniture Bank has received a solid Three-Star rating from Charity Navigator, reflecting its good standing in accountability and finance. The organization demonstrates strong governance, evidenced by an independent board comprised entirely of independent members and comprehensive policies in place, such as conflict of interest and whistleblower policies. The charity also excels in managing its assets and resources effectively, with favorable ratios indicating a healthy financial position.
The organization showcases a commendable level of transparency, with essential documents and meeting minutes readily available, and it distributes tax forms to board members prior to filing. Additionally, Nw Furniture Bank has a low fundraising efficiency ratio, which suggests that it spends a minimal amount on fundraising in relation to the funds raised. This efficiency can be seen as a strength, indicating that more resources can be directed toward its programs and services.
However, while the overall score is impressive, there is always room for improvement. Potential donors and stakeholders may benefit from ongoing updates on program outcomes and impact metrics to better understand the organization's effectiveness. Despite this, the charity's strong governance and financial health position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nw Furniture Bank?
90% of 34 reviewers on Facebook recommend Nw Furniture Bank. Here is a summary of their reviews:
Many individuals appreciate the dedication and compassion of the staff, highlighting how the organization provides essential support to those facing challenging circumstances. Reviewers express a sense of gratitude for the help they received, noting how the nonprofit positively impacted their lives during tough times.
Overall, there's a strong sentiment of approval towards the services provided. The organization is seen as effective in fulfilling its mission to assist people in need by offering furniture and resources that help them rebuild their lives. The commitment to making a difference is clearly recognized and valued by the community.
This AI summary has been generated from reviews found on Facebook.
Is Nw Furniture Bank legitimate?
Nw Furniture Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nw Furniture Bank submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $225,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $847,630
For more financial information, click here
Official website here: www.nwfurniturebank.org
What is the mission statement of Nw Furniture Bank?
The mission of Nw Furniture Bank is centered around restoring hope, dignity, and stability in the community. They achieve this by recycling donated furniture and distributing it to individuals in need. This initiative not only provides essential household items but also creates employment opportunities and engages volunteers, who contribute over 3,200 hours annually. Through this service, Nw Furniture Bank has served 2,071 family units, supplying them with a complete set of furniture, valued at over $1,281,000.
Official website here: www.nwfurniturebank.org
Who is the CEO of Nw Furniture Bank?
Joe Carman is the Chair of Nw Furniture Bank.
Official website here: www.nwfurniturebank.org
What is the revenue of Nw Furniture Bank?
Nw Furniture Bank's revenue in 2022 was $5,585,825.
Official website here: www.nwfurniturebank.org
Who are the executives of Nw Furniture Bank and what are their salaries?
The average compensation at Nw Furniture Bank during 2022 was $35,778. There are 30 employees and 260 volunteers at Nw Furniture Bank.
Here are 14 key members and their salaries:
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- Compensation: $100,008
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- Compensation: $125,711
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Official website here: www.nwfurniturebank.org
Where can I find the form 990 for Nw Furniture Bank?
Nw Furniture Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nwfurniturebank.org
Learn more at the official website: www.nwfurniturebank.org
Mission Statement of Nw Furniture Bank
Northwest Furniture Bank, a nonprofit organization, is committed to restoring hope, dignity, and stability within the community by recycling donated furniture for those in need. Through their mission, they aim to provide individuals and families with essential household items, thereby enhancing their living conditions and promoting a sense of stability. By serving 2,071 family units and offering a complete set of furniture, the organization has provided 34,372 pieces of furniture, valued at over $1,281,000. In addition, the program has created employment opportunities and engaged over 3,200 hours of volunteer work, contributing positively to the community.
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Impact
October, 2024
Nw Furniture Bank plays a significant role in restoring hope, dignity, and stability in the community by providing essential furniture to families in need. In a recent initiative, it served 2,071 family units, supplying complete household furniture. Over the course of its furniture program, 34,372 pieces were recycled and distributed, valued at more than $1.28 million. This initiative not only meets the urgent needs of families but also fosters community engagement, as it created job opportunities and engaged volunteers for over 3,200 hours. By transforming donated furniture into essential support, Nw Furniture Bank significantly enhances the quality of life for many individuals and families in Tacoma, WA.
This information is meant to be a general summary of Nw Furniture Bank. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $28,181
- Program Service Revenue: $1,392,697
- Gross Receipts: $5,634,766
Assets and Liabilities:
- Total Assets: $3,977,710
- Total Liabilities: $32,193
- Net Assets: $3,945,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FURNITURE SALES
Revenue
$602,100
PROGRAM SERVICE FEES
Revenue
$570,208
SPRING BACK FEES
Revenue
$171,691
SPRING BACK RECYCLING
Revenue
$48,698
Organization Details
Founding Year
2007
Phone
(253) 302-3868Principal Officer
Joe Carman
Main Address
117 PUYALLUP AVE, TACOMA, WA, 98421
Website
www.nwfurniturebank.orgNTEE Category
Code: P20 - Human services
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