Overview
What is Furniture Mission Of South Dakota Inc?
Furniture Mission of South Dakota Inc, located in Sioux Falls, South Dakota, is a nonprofit organization that embodies compassion by collecting gently used furniture from the community. Their primary mission is to share the love of Christ by distributing this donated furniture to individuals and families in need, free of charge. The organization collaborates with various agencies, churches, schools, and hospitals to identify those who require such assistance. By providing essential furnishings, Furniture Mission of South Dakota Inc seeks to transform houses into homes, enhancing the living conditions of its beneficiaries. With a dedicated team of eight employees, this nonprofit continues its mission to uplift the community.
Official website here: www.furnituremission.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Furniture Mission of South Dakota Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization boasts an impressive score of 87%, indicating a commitment to transparent financial practices and effective governance. The board is fully independent, with all ten members meeting the highest standards, and the charity has strong policies in place regarding conflicts of interest and whistleblower protection.
The charity excels in its financial ratios, showcasing a program expense ratio of 76.84%, which suggests that a substantial portion of its funds is directed towards its mission-driven activities. Additionally, the fundraising efficiency ratio is commendable at $0.09, indicating that the organization is effective in fundraising relative to its expenditures. The liabilities to assets ratio of 22.40% demonstrates solid financial health and stability.
While the organization presents a positive overall picture, it's essential for potential donors to consider its operational effectiveness and the local impact of its programs. Nonetheless, the strong governance and financial practices provide confidence in the charity's ability to manage funds responsibly and to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Furniture Mission Of South Dakota Inc legitimate?
Furniture Mission Of South Dakota Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Furniture Mission Of South Dakota 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: $64,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $123,091
For more financial information, click here
Official website here: www.furnituremission.org
What is the mission statement of Furniture Mission Of South Dakota Inc?
Furniture Mission of South Dakota Inc's mission is centered around sharing the love of Christianity. They achieve this by accepting and distributing gently used furniture to individuals and families in need. The organization collects donations of pre-owned furniture from the community and subsequently distributes it free of charge to those referred by various social service agencies, missions, churches, schools, and hospitals. By providing basic furnishings, the mission aims to transform houses into homes, thereby enhancing the living conditions of those less fortunate.
Official website here: www.furnituremission.org
Who is the CEO of Furniture Mission Of South Dakota Inc?
Janean Michalov is the President of Furniture Mission Of South Dakota Inc.
Official website here: www.furnituremission.org
What is the revenue of Furniture Mission Of South Dakota Inc?
Furniture Mission Of South Dakota Inc's revenue in 2022 was $2,325,416.
Official website here: www.furnituremission.org
Who are the executives of Furniture Mission Of South Dakota Inc and what are their salaries?
The average compensation at Furniture Mission Of South Dakota Inc during 2022 was $23,467. There are 8 employees and 175 volunteers at Furniture Mission Of South Dakota Inc.
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Official website here: www.furnituremission.org
Where can I find the form 990 for Furniture Mission Of South Dakota Inc?
Furniture Mission Of South Dakota Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.furnituremission.org
Learn more at the official website: www.furnituremission.org
Mission Statement of Furniture Mission Of South Dakota Inc
Furniture Mission of South Dakota Inc, a nonprofit organization, is dedicated to spreading the love of Christ by accepting and distributing gently used furniture to those in need. Their mission is twofold: firstly, they collect donations of gently used furniture from the community, and secondly, they distribute this furniture free of charge to individuals and families in need who have been referred by various social service agencies, missions, churches, schools, and hospitals. By doing so, Furniture Mission of South Dakota Inc aims to help these individuals and families transform their living spaces into homes, providing them with the basic furnishings they need to improve their quality of life.
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Impact
July, 2024
Furniture Mission Of South Dakota Inc's impact lies in its fundamental mission to share the love of Christ through the acceptance and distribution of gently used furniture to those in need. By collecting donations of furniture from the community and providing it to individuals and families free of charge, the organization not only furnishes homes but also helps create a sense of comfort and stability for those less fortunate. Through partnerships with social service agencies, missions, churches, schools, and hospitals, Furniture Mission Of South Dakota Inc effectively reaches those in need and makes a tangible difference in their lives. The organization's commitment to human services demonstrates its dedication to improving the well-being and quality of life for community members facing difficult circumstances.
This information is meant to be a general summary of Furniture Mission Of South Dakota 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: $2,981
- Gross Receipts: $2,382,218
Assets and Liabilities:
- Total Assets: $2,393,682
- Total Liabilities: $536,321
- Net Assets: $1,857,361
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Organization Details
Founding Year
2003
Phone
(605) 977-6800Principal Officer
Janean Michalov
Main Address
209 N NESMITH, SIOUX FALLS, SD, 57103
Website
www.furnituremission.orgNTEE Category
Code: P20 - Human services
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