Overview
What is Mustard Seed Furniture Bank Of Fort Wayne Inc?
Mustard Seed Furniture Bank of Fort Wayne Inc is a compassionate nonprofit organization established in 2002, located in Fort Wayne, Indiana. The primary mission of this charity is to offer household essentials, such as furniture, linens, and kitchenware, to families and individuals who are rebuilding their lives following hardships like disasters, personal tragedies, or misfortunes. The organization receives donated items from businesses, organizations, and individuals, which are then sorted and displayed by volunteers and staff. Referrals to the organization are made through collaborations with local non-profits, social service agencies, churches, and schools. In 2022, they provided direct services to 362 households, benefiting 490 adults and 546 children within their service area. Depending on the client's referral and the organization's stock, families can receive large items and linens. The Mustard Seed's Beds4Kids program offers complete bed packages to children aged 2-17, including a mattress, platform bed frame, and bedding, ensuring a comfortable and clean sleep. In 2022, they provided 546 such packages. The organization continues its mission to provide help and rebuild lives through the "Furnish[ing] Help to Rebuild Lives." With a dedicated team of eight employees, Mustard Seed Furniture Bank of Fort Wayne Inc makes a significant difference in the community.
Official website here: www.mustardseedfortwayne.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
Mustard Seed Furniture Bank of Fort Wayne Inc has achieved an impressive 100% score, earning a Four-Star rating from Charity Navigator. This rating reflects the nonprofit's strong commitment to accountability and finance, with its overall score derived entirely from these factors. The organization demonstrates exceptional governance, featuring a fully independent board of directors, and adheres to best practices regarding financial transparency and ethical management.
The organization excels in its financial performance, highlighted by a program expense ratio of 90.48%, indicating that a significant portion of its funds is directed towards programs rather than administrative costs. Additionally, the charity maintains a low liabilities to assets ratio of 0.65%, showcasing its financial stability and ability to manage resources effectively. The presence of comprehensive policies addressing conflicts of interest and whistleblower protections further reinforces its commitment to ethical operations.
While the ratings and evaluations reflect a robust and well-managed organization, it is essential for potential donors and volunteers to consider the specific impact of Mustard Seed Furniture Bank's programs in the community. Overall, the nonprofit's high scores in accountability and finance suggest a trustworthy choice for those looking to contribute to or engage with its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Mustard Seed Furniture Bank Of Fort Wayne Inc legitimate?
Mustard Seed Furniture Bank Of Fort Wayne Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mustard Seed Furniture Bank Of Fort Wayne 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $73,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,092
For more financial information, click here
Official website here: www.mustardseedfortwayne.com
What is the mission statement of Mustard Seed Furniture Bank Of Fort Wayne Inc?
The mission of Mustard Seed Furniture Bank is to provide essential household items, including furniture, linens, and kitchenware, to families and individuals who are rebuilding their lives following various misfortunes such as disasters or personal tragedies. The organization sources its donations from businesses, organizations, and individuals, and its volunteers and staff manage the sorting and distribution of these items. The beneficiaries are referred to the agency through collaborations with local non-profit organizations, social service agencies, churches, and schools. The Mustard Seed Furniture Bank offers a range of items, from large furniture pieces to linens and kitchenware, and has a special program called Beds4Kids, which provides complete bed packages to children in need. In 2022, the bank served 362 households, positively impacting the lives of 490 adults and 546 children.
Official website here: www.mustardseedfortwayne.com
Who is the CEO of Mustard Seed Furniture Bank Of Fort Wayne Inc?
Suzanne Jordan is the Executive Di of Mustard Seed Furniture Bank Of Fort Wayne Inc.
Official website here: www.mustardseedfortwayne.com
What is the revenue of Mustard Seed Furniture Bank Of Fort Wayne Inc?
Mustard Seed Furniture Bank Of Fort Wayne Inc's revenue in 2022 was $555,078.
Official website here: www.mustardseedfortwayne.com
Who are the executives of Mustard Seed Furniture Bank Of Fort Wayne Inc and what are their salaries?
The average compensation at Mustard Seed Furniture Bank Of Fort Wayne Inc during 2022 was $20,214. There are 8 employees and 105 volunteers at Mustard Seed Furniture Bank Of Fort Wayne Inc.
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Official website here: www.mustardseedfortwayne.com
Where can I find the form 990 for Mustard Seed Furniture Bank Of Fort Wayne Inc?
Mustard Seed Furniture Bank Of Fort Wayne Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mustardseedfortwayne.com
Learn more at the official website: www.mustardseedfortwayne.com
Mission Statement of Mustard Seed Furniture Bank Of Fort Wayne Inc
Mustard Seed Furniture Bank of Fort Wayne Inc, a nonprofit organization, has a mission to provide household furnishings to families and individuals as they rebuild their lives after experiencing disaster, personal tragedy, or other misfortunes. Since its establishment in 2002, the organization has been dedicated to this cause, sourcing donated items such as furniture, linens, and kitchenware from businesses, organizations, and individuals. The mission-aligned donations are then processed by volunteers and staff, who pick up, sort, and display the items in their warehouse.
The Mustard Seed Furniture Bank serves a diverse clientele, providing direct services to 362 households in their local area, impacting the lives of 490 adults and 546 children. The organization offers a range of items, including large furniture pieces like sofas, beds, and living room chairs, as well as bed and kitchen linens and kitchenware. The Home Decor section, located at the back of the warehouse, allows clients to choose items to personalize their new homes.
A notable program of Mustard Seed Furniture Bank is Beds4Kids, which provides complete bed packages, including a mattress, platform bed frame, and bedding, to children aged 2-17 in need. In 2022, the organization provided 546 such bed packages, contributing to the overall mission of "Furnishing Help to Rebuild Lives." The Mustard Seed Furniture Bank of Fort Wayne Inc continues to provide essential support to families and individuals in need, helping them rebuild their lives and create a home for themselves.
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Impact
July, 2024
Mustard Seed Furniture Bank Of Fort Wayne Inc provides essential household furnishings to families and individuals in need as they work to rebuild their lives after facing disasters, personal tragedies, or other misfortunes. Through the generous donations of businesses, organizations, and individuals, the organization is able to offer items such as furniture, linens, kitchenware, and even children's books to support those in crisis. In 2022 alone, Mustard Seed Furniture Bank assisted 362 households, impacting the lives of 490 adults and 546 children in their local service area. Additionally, through their Beds4Kids program, they provided complete bed packages to 546 children, ensuring they have a clean and comfortable place to sleep. The organization's dedication to furnishing help to rebuild lives is evident in the tangible impact they make on their community.
This information is meant to be a general summary of Mustard Seed Furniture Bank Of Fort Wayne 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: $661
- Program Service Revenue: $10,343
- Gross Receipts: $594,030
Assets and Liabilities:
- Total Assets: $822,835
- Total Liabilities: $5,401
- Net Assets: $817,434
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY PROCESSING FEE
Revenue
$10,343
Organization Details
Founding Year
2002
Phone
(260) 471-5802Principal Officer
Suzanne Jordan
Main Address
3636 ILLINOIS ROAD, FORT WAYNE, IN, 46804
Website
www.mustardseedfortwayne.comNTEE Category
Code: P60 - Human services
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