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Furniture Bank Of Central Ohio

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311600869 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Furniture Bank Of Central Ohio?

Furniture Bank of Central Ohio is a nonprofit organization situated in Columbus, Ohio, with the postal address 118 South Yale Avenue, 43222. Their primary mission is to alleviate the effects of poverty by supplying furniture to families and individuals in Central Ohio who are grappling with severe life challenges. With the help of over 1,300 volunteers and 8,000 furniture donors, they have successfully distributed over 30,000 pieces of furniture to more than 3,500 low-income families. The organization is staffed by 54 employees and operates with the goal of making a tangible impact in the lives of those in need.


Official website here: www.furniturebankcoh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Furniture Bank of Central Ohio has achieved a commendable Four-Star rating on Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive program expense ratio of 88.40%, the organization effectively directs a significant portion of its funding toward its programs. Additionally, its fundraising efficiency ratio of $0.07 indicates that the charity minimizes expenses while maximizing outreach, which is a positive sign for potential donors.

The organization also excels in culture and community, achieving a perfect score of 100%. This includes exceptional feedback collection and usage practices, where it scored 100 out of 100 points. Such a high score suggests that the Furniture Bank actively engages with its community, listens to feedback, and implements constructive changes based on the insights gathered.

While there are no noted limitations in the available data, the consistent high ratings across various metrics suggest that the Furniture Bank of Central Ohio is a well-managed nonprofit with a strong commitment to serving its community effectively. Overall, its financial health and community engagement further bolster its reputation as a trustworthy organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Furniture Bank Of Central Ohio?

80% of 46 reviewers on Facebook recommend Furniture Bank of Central Ohio. Here is a summary of their reviews:

Many users express appreciation for the professionalism and efficiency of the organization. One reviewer highlighted a seamless donation experience, noting that their items were picked up within a week and the staff was punctual and courteous. This positive interaction has led to strong recommendations for others considering donating.

Overall, sentiment leans towards satisfaction with the services provided, as users find the organization reliable and responsive in handling donations. The commitment to supporting the community with furniture assistance appears to resonate well with those who have interacted with them.


This AI summary has been generated from reviews found on Facebook.

Is Furniture Bank Of Central Ohio legitimate?

Furniture Bank Of Central Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Furniture Bank Of Central Ohio 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: $134,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,601,834

For more financial information, click here


Official website here: www.furniturebankcoh.org

What is the mission statement of Furniture Bank Of Central Ohio?

The Furniture Bank of Central Ohio operates with a mission to alleviate the impact of poverty. They achieve this by supplying furniture to families and individuals in Central Ohio who are grappling with severe life challenges. Through their initiatives, they aim to provide essential household items, contributing to improved living conditions and overall well-being. The organization relies on the support of volunteers and donors, distributing over 30,000 pieces of furniture to over 3,500 families in need. Their efforts not only provide physical necessities but also contribute to a sense of dignity and stability for those they assist.


Official website here: www.furniturebankcoh.org

Who is the CEO of Furniture Bank Of Central Ohio?

Philip Washburn is the President An of Furniture Bank Of Central Ohio.


Official website here: www.furniturebankcoh.org

What is the revenue of Furniture Bank Of Central Ohio?

Furniture Bank Of Central Ohio's revenue in 2022 was $6,668,109.


Official website here: www.furniturebankcoh.org

Who are the executives of Furniture Bank Of Central Ohio and what are their salaries?

The average compensation at Furniture Bank Of Central Ohio during 2022 was $32,145. There are 54 employees and 1300 volunteers at Furniture Bank Of Central Ohio.


Here are 20 key members and their salaries:


Philip Washburn (President An)
  • Compensation: $134,013
  • Related: $0
  • Other: $0
Jeremy Ball (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Hicks (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mack (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Rosenthal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Bennett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Snoble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ayers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Lemon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kuehl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Lusk-Gleich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Groves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Siegfried (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Somers Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sana Barrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Hammer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Spring Exit 0516 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.furniturebankcoh.org

Where can I find the form 990 for Furniture Bank Of Central Ohio?

Furniture Bank Of Central Ohio's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.furniturebankcoh.org

Learn more at the official website: www.furniturebankcoh.org

Mission Statement of Furniture Bank Of Central Ohio

The Furniture Bank of Central Ohio is a nonprofit organization with a mission to alleviate the impact of poverty in the community. They achieve this by providing essential furniture items to families and individuals in Central Ohio who are grappling with severe life challenges. The bank's primary goal is to enhance the living conditions of these individuals, thereby improving their overall quality of life.

To accomplish this mission, the Furniture Bank of Central Ohio relies on a network of volunteers, donors, and partners. Over 1,300 volunteers work tirelessly to collect, sort, and distribute over 30,000 pieces of furniture. These donations are then provided to over 3,500 low-income families in need. By doing so, the organization is able to contribute significantly to creating more comfortable and dignified living spaces for those who are struggling.

In essence, the Furniture Bank of Central Ohio serves as a bridge between those who have excess furniture and those who desperately need it. By redistributing these items, they help reduce the financial burden on families and individuals who would otherwise be unable to afford new furniture. This, in turn, allows them to focus on other aspects of their lives, such as securing employment and providing for their families. In this way, the bank plays a crucial role in supporting the community and helping to break the cycle of poverty.

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Impact




October, 2024

Furniture Bank of Central Ohio significantly alleviates the challenges faced by low-income families and individuals in the region. By distributing over 30,000 pieces of furniture to more than 3,500 households, their efforts directly enhance the living conditions and overall well-being of those struggling with severe life challenges. This initiative not only provides essential items needed for a stable home environment but also involves the community, as over 1,300 volunteers and more than 8,000 furniture donors contribute to this impactful work. Through these collective efforts, they effectively reduce the impact of poverty in Central Ohio, helping families rebuild and find greater stability in their lives.




This information is meant to be a general summary of Furniture Bank Of Central Ohio. 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.

Revenue
$6,668,109 (2022)
Expenses
$5,489,702 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,194
  • Program Service Revenue: $850,886
  • Gross Receipts: $6,816,124

Assets and Liabilities:

  • Total Assets: $8,711,564
  • Total Liabilities: $4,548,763
  • Net Assets: $4,162,801

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FURNITURE DELIVERY FEES

Revenue

$749,467

DOWNSIZE WITH A HEART

Revenue

$101,419

Organization Details

Founding Year

1998

Principal Officer

Philip Washburn

Main Address

118 SOUTH YALE AVENUE, COLUMBUS, OH, 43222

NTEE Category

Code: P80 - Human services

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