Overview
What is Fresh Start Furniture Bank Inc?
Fresh Start Furniture Bank Inc, located in Hudson, Massachusetts, is a compassionate nonprofit organization with a single employee. Their primary mission is to aid families in need by providing them with free, donated furniture and home essentials. In 2022 alone, they successfully furnished 612 families, benefiting a total of 1,912 individuals. Their generous contributions include over 33,595 pieces of furniture and household items. This essential service enables those in need to create a comfortable living environment, thereby improving their overall quality of life.
Official website here: www.freshstartfurniturebank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. This rating reflects a strong performance in accountability and finance, with a score of 90%. The organization excels in having a fully independent board and shows a high program expense ratio of 99.18%, indicating that the vast majority of its funds are directed towards its programs.
The organization has shown a commitment to transparency, with its financial statements properly reviewed and available online. However, there are some areas for improvement, notably the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which could affect its overall governance framework.
User feedback highlights significant appreciation for the services provided by Fresh Start Furniture Bank, particularly in times of need, such as during the COVID-19 pandemic. Clients feel grateful for the assistance they received, noting that the charity has made a substantial positive impact on their lives, helping them create a loving and supportive home environment.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Fresh Start Furniture Bank Inc legitimate?
Fresh Start Furniture Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fresh Start Furniture Bank 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: $0
Professional Fundraising Fees: $3,153
Other Salaries and Wages: $36,870
For more financial information, click here
Official website here: www.freshstartfurniturebank.org
What is the mission statement of Fresh Start Furniture Bank Inc?
Fresh Start Furniture Bank Inc's mission is centered around providing free furniture and home essentials to individuals in need. The organization obtains these items through donations and purchases, ensuring that those who are struggling can create a comfortable living space. In 2022, Fresh Start Furniture Bank served 612 families, benefiting a total of 1,912 individuals, by furnishing their homes with over 33,595 pieces of furniture and home goods.
Official website here: www.freshstartfurniturebank.org
What is the revenue of Fresh Start Furniture Bank Inc?
Fresh Start Furniture Bank Inc's revenue in 2023 was $627,843.
Official website here: www.freshstartfurniturebank.org
Who are the executives of Fresh Start Furniture Bank Inc and what are their salaries?
The average compensation at Fresh Start Furniture Bank Inc during 2023 was $36,870. There is 1 employee and 114 volunteers at Fresh Start Furniture Bank Inc.
Here are 6 key members and their salaries:
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Official website here: www.freshstartfurniturebank.org
Where can I find the form 990 for Fresh Start Furniture Bank Inc?
Fresh Start Furniture Bank Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freshstartfurniturebank.org
Learn more at the official website: www.freshstartfurniturebank.org
Mission Statement of Fresh Start Furniture Bank Inc
Fresh Start Furniture Bank, a nonprofit organization, is dedicated to providing free furniture and home essentials to individuals and families in need. The bank's mission is twofold; it accepts donated and purchased furniture and home goods, and then distributes them freely to those who are less fortunate. In 2022 alone, Fresh Start Furniture Bank was able to assist 612 families, benefiting a total of 1,912 individuals, by furnishing their homes with over 33,595 pieces of furniture and household items. Through this generous act, the organization helps create a more comfortable and livable environment for those in need, contributing to their overall well-being.
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Impact
July, 2024
Fresh Start Furniture Bank Inc provides a crucial service by furnishing families in need with new and used donated furniture and home goods at no cost. In 2022 alone, they furnished 612 families, totaling 1,912 individuals, with over 33,595 pieces of furniture and home goods. Their impactful work directly improves the lives of those in need by providing essential items to create a comfortable and stable home environment.
This information is meant to be a general summary of Fresh Start Furniture Bank 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 2023.
- Investment Income: $6,428
- Gross Receipts: $930,219
Assets and Liabilities:
- Total Assets: $672,996
- Total Liabilities: $4,205
- Net Assets: $668,791
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Organization Details
Founding Year
2014
Principal Officer
Geoffrey Schultz
NTEE Category
Code: P19 - Human services
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