Overview
What is Furniture Sharehouse Inc?
Furniture Sharehouse Inc is a nonprofit organization situated in Larchmont, New York. Their sole mission is to collect and redistribute gently used furniture to families in need within Westchester County. In the fiscal year 2022, they successfully furnished 367 households. The organization celebrated its 15th anniversary in April 2022, hosting an event attended by local officials, partners, and major supporters. They also extended their reach by organizing a successful furniture drive in a new area of the county. Notable donations included mattress sets from a closing hotel and furniture from a local country club. Throughout the year, Furniture Sharehouse attracted new volunteers, partner agencies, and financial supporters, continuing to provide free furniture to families while adhering to COVID-19 precautions.
Official website here: www.furnituresharehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91%, Four-Star out of Four Star rating
Furniture Sharehouse Inc has achieved a strong rating of 91%, reflecting its commitment to accountability and financial integrity. The organization boasts a perfect score for independent board members and financial statement review, indicating robust governance practices. Additionally, with a program expense ratio of 95.68%, it demonstrates a significant focus on its mission-driven activities.
However, there are some areas for improvement, particularly in the realm of equity strategies and data. While the organization scored well overall, it received lower marks in the equity data and policies categories, suggesting potential gaps in how it addresses equity issues within its operations. Moreover, the absence of a whistleblower policy is noted as a limitation, which might impact transparency.
Overall, Furniture Sharehouse Inc is recognized for its effective use of resources and commitment to community feedback, achieving perfect scores in feedback collection and usage. Its strengths in governance and program expenses highlight a well-managed nonprofit, while the noted areas for growth could enhance its overall impact and inclusivity.
This AI summary has been generated from information found on Charity Navigator.
Is Furniture Sharehouse Inc legitimate?
Furniture Sharehouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Furniture Sharehouse Inc 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.
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For more financial information, click here
Official website here: www.furnituresharehouse.org
What is the mission statement of Furniture Sharehouse Inc?
Furniture Sharehouse Inc's mission is centered around providing gently used furniture free of charge to families in need. This organization operates with a singular program, which involves collecting donations of used furniture and distributing it to eligible families. In the fiscal year 2022, they managed to furnish 367 households. The organization celebrated its 15th anniversary with an event attended by local officials and supporters, marking a significant milestone in their journey. Additionally, they held a successful furniture drive in a new area, increasing their visibility and attracting more donations. Furniture Sharehouse Inc continues to grow, attracting new volunteers, agencies, and financial supporters, enabling them to continue their mission of providing essential household items to families in need.
Official website here: www.furnituresharehouse.org
Who is the CEO of Furniture Sharehouse Inc?
Katherine A Bialo is the President/Executive Direct of Furniture Sharehouse Inc.
Official website here: www.furnituresharehouse.org
What is the revenue of Furniture Sharehouse Inc?
Furniture Sharehouse Inc's revenue in 2022 was $664,409.
Official website here: www.furnituresharehouse.org
Who are the executives of Furniture Sharehouse Inc and what are their salaries?
There 80 volunteers at Furniture Sharehouse Inc.
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Official website here: www.furnituresharehouse.org
Where can I find the form 990 for Furniture Sharehouse Inc?
Furniture Sharehouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.furnituresharehouse.org
Learn more at the official website: www.furnituresharehouse.org
Mission Statement of Furniture Sharehouse Inc
Furniture Sharehouse Inc, a nonprofit organization, is dedicated to providing gently used furniture free of charge directly to families in need. Their mission is centered around collecting donations of used furniture and redistributing it to those who are financially struggling in Westchester County, New York. By doing so, the organization helps to furnish homes for 367 households annually, making a significant impact on the lives of these families.
In the pursuit of its mission, Furniture Sharehouse Inc attracts new volunteers, member agencies, and financial supporters, continually expanding its reach and capacity to provide furniture to those in need. The organization's efforts have resulted in notable donations, such as 50+ queen/full mattress sets from a local hotel and tables and chairs from a local country club. These contributions enhance the organization's ability to furnish homes, creating comfortable living spaces for families.
Furniture Sharehouse Inc also celebrates its achievements, such as its 15th anniversary, with events attended by state and local elected officials, representatives of its member agencies, and major supporters. These milestones not only highlight the organization's success in fulfilling its mission but also raise awareness of its efforts in the community.
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Impact
July, 2024
Furniture Sharehouse Inc's impact can be seen in the direct provision of gently used furniture free of charge to families in need in Westchester County, New York. In the fiscal year 2022, the organization furnished 367 households, positively impacting the lives of these families by providing essential household items. Through events such as the 15th-anniversary celebration and successful furniture drives in new areas of the county, Furniture Sharehouse has increased its visibility and garnered significant furniture donations, further enabling them to reach more families in need.
Additionally, the organization's ability to attract new volunteers, member agencies, and financial supporters showcases its growing impact and ability to continue fulfilling its mission of providing essential furniture to those facing hardships. By adapting to remote appointments during the COVID-19 pandemic and waiting for concerns to abate, Furniture Sharehouse has demonstrated its commitment to serving the community and supporting families in need.
This information is meant to be a general summary of Furniture Sharehouse Inc. 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: $880
- Program Service Revenue: $12,295
- Gross Receipts: $685,665
Assets and Liabilities:
- Total Assets: $592,080
- Total Liabilities: $8,080
- Net Assets: $584,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY FEES
Revenue
$12,295
Organization Details
Founding Year
2006
Phone
(914) 834-1294Principal Officer
Katherine A Bialo
Main Address
PO BOX 702, LARCHMONT, NY, 10538
Website
www.furnituresharehouse.orgNTEE Category
Code: P60 - Human services
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