Overview
What is Bay Area Furniture Bank?
The Bay Area Furniture Bank, situated in Sunnyvale, California, is a nonprofit organization dedicated to alleviating hardships in the community. Their mission involves distributing gently used furniture and household items to individuals and families undergoing personal crises or displacement. Focusing on those who have experienced homelessness, domestic violence, or natural disasters, among others, the Bank aims to enhance their living conditions and promote a sense of normalcy. During the fiscal year, they delivered thousands of pieces of furniture to hundreds of households, collaborating with various social service agencies. Their services are entirely free of charge to the recipients, reflecting their commitment to decreasing human suffering in the San Francisco Bay Area. The Bank relies on donations of warehouse space, delivery services, and volunteer time to carry out its mission.
Official website here: www.bayareafurniturebank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Bay Area Furniture Bank has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. With a score of 90% in this category, the organization demonstrates strong governance and financial health, featuring an independent board and no material diversion of assets. Their program expense ratio is notably high at 92.67%, meaning most of their resources are directed toward their charitable mission.
The organization also excels in its culture and community score, achieving 91%. This suggests that Bay Area Furniture Bank has effective equity strategies and fosters a positive environment, likely contributing to their successful community engagement. Additionally, they have comprehensive policies in place regarding conflict of interest, whistleblowing, and document retention, which enhances their operational transparency.
While the organization shows impressive strengths in governance and community involvement, potential donors might consider exploring further details about their programs and impact to fully understand how their contributions will be used. Overall, Bay Area Furniture Bank appears to be a trustworthy organization committed to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Area Furniture Bank legitimate?
Bay Area Furniture Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Area Furniture Bank 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: $1,300
Other Salaries and Wages: $329,123
For more financial information, click here
Official website here: www.bayareafurniturebank.org
What is the mission statement of Bay Area Furniture Bank?
The Bay Area Furniture Bank's mission is centered around alleviating human suffering in the community. They achieve this by providing gently used, donated furniture and household items at no cost to individuals who have experienced personal tragedies or disasters. Their primary objective is to help those in need, such as veterans, homeless families and individuals, domestic violence victims, foster children, refugees, fire and flood victims, and low-income earning families, regain their hope, self-esteem, and stability to move forward. Notably, over 40% of their clients served are children.
Official website here: www.bayareafurniturebank.org
Who is the CEO of Bay Area Furniture Bank?
Ray Piontek is the Executive Director of Bay Area Furniture Bank.
Official website here: www.bayareafurniturebank.org
What is the revenue of Bay Area Furniture Bank?
Bay Area Furniture Bank's revenue in 2022 was $1,121,491.
Official website here: www.bayareafurniturebank.org
Who are the executives of Bay Area Furniture Bank and what are their salaries?
The average compensation at Bay Area Furniture Bank during 2022 was $29,920. There are 11 employees and 94 volunteers at Bay Area Furniture Bank.
Here are 6 key members and their salaries:
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bayareafurniturebank.org
Where can I find the form 990 for Bay Area Furniture Bank?
Bay Area Furniture Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayareafurniturebank.org
Learn more at the official website: www.bayareafurniturebank.org
Mission Statement of Bay Area Furniture Bank
Bay Area Furniture Bank, a charitable organization, is committed to reducing human suffering in the San Francisco Bay Area. Its mission is to supply gently used, donated furniture and household goods to individuals and families who have experienced personal hardships or disasters. The bank's primary goal is to help these individuals regain hope, self-esteem, and stability, enabling them to move forward in their lives. The organization believes that no one should be compelled to live, sleep, or eat on the floor due to lack of basic necessities.
Bay Area Furniture Bank serves a diverse range of community members in need, including veterans, homeless families and individuals, domestic violence victims, foster children aging out, refugees, fire and flood victims, and low-income earning families. Notably, over 40% of their clientele are children. The bank provides these items at no cost to the recipients, ensuring that financial constraints do not hinder their ability to access essential household items. By doing so, the bank plays a crucial role in alleviating hardships and fostering a sense of restoration and security among those they serve.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bay Area Furniture Bank's impact is significant in the San Francisco Bay Area by providing gently used furniture and household goods to those who have suffered personal tragedy or disaster. Their mission to decrease human suffering and restore hope, self-esteem, and stability to those in need is evident through their services. They serve a diverse range of individuals including veterans, homeless families, domestic violence victims, foster children, refugees, and low-income earning families, with a focus on assisting children, as over 40% of their clients served are children. Their efforts have directly impacted 860 households by delivering 6,422 pieces of furniture, valued at $640,000, to those in need during the fiscal year. This valuable service is provided at no cost to the clients, showcasing their commitment to supporting the community in a meaningful way.
This information is meant to be a general summary of Bay Area Furniture Bank. 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: $1,346
- Program Service Revenue: $759,226
- Gross Receipts: $1,121,554
Assets and Liabilities:
- Total Assets: $1,213,792
- Total Liabilities: $7,930
- Net Assets: $1,205,862
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Provide furniture for people in need
Revenue
$759,226
Organization Details
Founding Year
2015
Phone
(650) 969-2100Principal Officer
Ray Piontek
Main Address
P O Box 61042, Sunnyvale, CA, 94088
Website
www.bayareafurniturebank.orgNTEE Category
Code: P29 - Human services
If you are a representative of Bay Area Furniture Bank and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.