ARLINGTON, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FURNITURE TRUST ORGANIZATION INC, founded in 2008, is a community nonprofit in the Environment sector that reported $8.2M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $7.7M left a modest 6% surplus.
THE FURNITURE TRUST IS DRIVEN TO MAKE A POSITIVE, COMMUNITY IMPACT WITH USED OFFICE FURNISHINGS, WHILE PROVIDING THE MOST ECONOMICAL AND ENVIRONMENTALLY RESPONSIBLE SOLUTIONS TO SMALL BUSINESSES. WE PROVIDE COMPANIES OF ALL SIZES WITH A PROVEN PROCESS FOR DECOMMISSIONING THAT MAXIMIZES THE VALUE OF UNWANTED FURNITURE ASSETS. LEVERAGING OUR SUSTAINABLE NETWORK, THE FURNITURE TRUST CONNECTS DONATED, OFFICE FURNISHINGS WITH LOCAL SCHOOLS AND NONPROFITS.
TO PARTNER WITH CORPORATIONS THROUGH COOPERATIVE AGREEMENTS TO DISMANTLE & TRANSPORT UNWANTED USED OFFICE FURNITURE TO EITHER OTHER NONPROFIT ORGANIZATIONS, SELL TO INDIVIDUALS OR CORPORATIONS, OR...
TO PARTNER WITH CORPORATIONS THROUGH COOPERATIVE AGREEMENTS TO DISMANTLE & TRANSPORT UNWANTED USED OFFICE FURNITURE TO EITHER OTHER NONPROFIT ORGANIZATIONS, SELL TO INDIVIDUALS OR CORPORATIONS, OR SALVAGE THE RAW MATERIALS THROUGH ENVIRONMENTALLY FRIENDLY RECYCLING PROCEDURES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $8,240,282 | $5,812,519 | +0.4% |
| Expenses | $7,724,742 | $5,758,876 | +0.3% |
| Net Income | $515,540 | $53,643 | +8.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVE FOX | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HITT | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN RILEY | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTINE MOSHOLDER | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| BRENDA BOISSONNAULT | DIRECTOR (THROUGH JULY 2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| DANA DEVEAU | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$110,586 | $0 | $110,586 |
| MARIBETH GERAGHTY | FINANCE MANAGER | 32.00 |
Officer
|
$44,400 | $0 | $44,400 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $8,240,282 | $7,724,742 | $1,408,159 | $515,540 |
| 2022 | $5,812,519 | $5,758,876 | $838,783 | $53,643 |
| 2021 | $7,076,929 | $6,896,397 | $739,128 | $180,532 |
| 2020 | $3,265,824 | $3,250,298 | $452,154 | $15,526 |
| 2020 | $3,265,824 | $3,272,640 | $429,812 | $-6,816 |
| 2019 | $9,726,815 | $9,497,160 | $612,273 | $229,655 |
| 2018 | $3,055,022 | $3,086,356 | $300,017 | $-31,334 |
Compare THE FURNITURE TRUST ORGANIZATION INC with other nonprofits in Massachusetts and across the country.