AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC

EIN: 311764449 501(c)(3) Human Services

HIGH POINT, NC

Total Revenue
$2,627,515
Total Expenses
$2,165,592
Total Assets
$12,336,325
Net Assets
$9,367,568
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NC
Principal Officer
KAREN MCNEILL POND
Phone
3368825900
Tax Period
2024-01-01 to 2024-12-31

AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $462K, a strong 18% operating margin.

Mission

THE AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION, INC., IS AN INDUSTRY-WIDE ORGANIZATION FOUNDED TO PRESERVE ITS HISTORY, TO CELEBRATE EXCEPTIONAL INDIVIDUALS WHO HAVE MADE EXTRAORDINARY CONTRIBUTIONS TO THE U.S. HOME FURNISHINGS INDUSTRY, TO INSPIRE THE NEXT GENERATION OF INNOVATIVE LEADERS AND TO ENGAGE THE COMMUNITY WITH THE WORLD OF HOME FURNISHINGS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,247,508
Program Service Revenue $319,207
Investment Income $24,932
Other Revenue $35,868
TOTAL REVENUE $2,627,515

Expense Breakdown

Grants Paid $0
Salaries & Benefits $505,159
Fundraising Expenses $0
Program Expenses $1,579,573
Other Expenses $1,660,433
TOTAL EXPENSES $2,165,592

Year-over-Year Comparison

2024 2023 Change
Revenue $2,627,515 $3,422,046 -0.2%
Expenses $2,165,592 $2,161,585 +0.0%
Net Income $461,923 $1,260,461 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
21
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$103,644
Total Directors
22
$103,644
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GEBHART BOARD MEMBER 1.00
Director
$0 $0 $0
GAT CAPERTON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY CHILD BOARD MEMBER 1.00
Director
$0 $0 $0
JANET GUY BOARD MEMBER 1.00
Director
$0 $0 $0
TYSON HAGALE BOARD MEMBER 1.00
Director
$0 $0 $0
AMIR LOLOI BOARD MEMBER 1.00
Director
$0 $0 $0
MARK PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY COCONIS BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN M POND CHAIRMAN 40.00
Officer Director
$100,625 $3,019 $103,644
STEVE RUSING PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL FAUS BOARD MEMBER 1.00
Director
$0 $0 $0
SATYA TIWARI FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JEREMY HOFF SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HUNTER BROYHILL BOARD MEMBER 1.00
Director
$0 $0 $0
DERICK S CLOSE BOARD MEMBER 1.00
Director
$0 $0 $0
NEIL GOLDBERG BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY C NAGEM BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE TOKARZ BOARD MEMBER 1.00
Director
$0 $0 $0
MELINDA WHITTINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
DOROTHY BELSHAW SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
SUZI ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,627,515 $2,165,592 $12,336,325 $461,923
2023 $3,422,046 $2,161,585 $11,819,055 $1,260,461
2022 $5,085,011 $1,552,555 $9,353,556 $3,532,456
2021 $3,252,692 $1,219,744 $6,073,735 $2,032,948
2020 $1,025,669 $830,401 $4,040,787 $195,268
2019 $2,446,538 $1,108,238 $4,020,539 $1,338,300
2018 $972,198 $847,039 $557,239 $125,159
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare AMERICAN HOME FURNISHINGS HALL OF FAME FOUNDATION INC with other nonprofits in North Carolina and across the country.