FORT WAYNE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MUSTARD SEED FURNITURE BANK OF FORT WAYNE INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $496K in total revenue in fiscal year 2024. Expenses of $668K exceeded revenue, resulting in a 35% operating deficit.
TO PROVIDE HOUSEHOLD FURNISHINGS TO FAMILIES AND INDIVIDUALS AS THEY REBUILD THEIR LIVES AFTER SUFFERING DISASTER, PERSONAL TRADGEDY OR OTHER MISFORTUNES
SINCE 2002, THE MUSTARD SEED FURNITURE BANK OF FORT WAYNE HAS BEEN PROVIDING HOUSEHOLD FURNITURE, LINENS, AND KITCHENWARE TO FAMILIES AND INDIVIDUALS AS THEY REBUILD THEIR LIVES AFTER SUFFERING...
SINCE 2002, THE MUSTARD SEED FURNITURE BANK OF FORT WAYNE HAS BEEN PROVIDING HOUSEHOLD FURNITURE, LINENS, AND KITCHENWARE TO FAMILIES AND INDIVIDUALS AS THEY REBUILD THEIR LIVES AFTER SUFFERING DISASTER, PERSONAL TRAGEDY OR OTHER MISFORTUNES. DONATED ITEMS THAT MEET THE MISSION AND HAVE LIFE TO SHARE ARE PROVIDED BY BUSINESSES, ORGANIZATIONS AND INDIVIDUALS. IN 2022, DONATIONS CAME FROM OVER 1,887 DONOR SOURCES. VOLUNTEERS AND STAFF PICK UP, SORT AND DISPLAY THE ITEMS IN OUR WAREHOUSE. CLIENTS ARE REFERRED IN TO THE AGENCY THROUGH A COLLABORATION WITH LOCAL NON-PROFIT ORGANIZATIONS, SOCIAL SERVICE AGENCIES, CHURCHES AND SCHOOLS. OUR AGENCY PROVIDED DIRECT SERVICES TO 362 HOUSEHOLDS IN OUR LOCAL SERVICE AREA, TOUCHING THE LIVES OF 490 ADULTS AND 546 CHILDREN. DEPENDING ON THE CLIENT'S REFERRAL AND OUR STOCK, THEY CAN RECEIVE LARGE ITEMS (SOFA, BED, LIVING ROOM CHAIRS, END/COFFEE TABLES, KITCHEN TABLE AND CHAIRS, DRESSER, ETC.) AS WELL AS BED AND KITCHEN LINENS AND KITCHENWARE. HOME DECOR ITEMS ALONG WITH COOK BOOKS AND CHILDREN'S BOOKS NOW REMAIN THE BACK AREA OF THE WAREHOUSE FOR CLIENTS TO CHOOSE WHEN LOADING UP THEIR VARIOUS ITEMS TO MAKE THEIR HOUSE A HOME. THE BEDS4KIDS PROGRAM ALLOWS CHILDREN, AGES 2-17, WHO NEED BEDS, TO OBTAIN EVERYTHING NEEDED FOR A NIGHT OF SLEEP IN THEIR OWN CLEAN AND COMFORTABLE BED THAT INCLUDES A NEW MATTRESS, PLATFORM BED FRAME, AND GENTLY-USED OR NEW BLANKET AND SHEETS. IN 2022, WE PROVIDED COMPLETED BED PACKAGES TO 546 CHILDREN. ALLOWING THE MISSION TO CONTINUE AS THE MUSTARD SEED "FURNISHES HELP TO REBUILD LIVES."
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $496,220 | $483,673 | +0.0% |
| Expenses | $668,380 | $504,943 | +0.3% |
| Net Income | $-172,160 | $-21,270 | +7.1% |
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 |
|---|---|---|---|---|---|---|
| SARAH LANCE | EXECUTIVE DI | 40.00 |
Officer
|
$81,131 | $0 | $81,131 |
| DAVID BARKSDALE | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| BROOKS DILLER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNA FOREMAN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| FRANK GOMEZ | DIRECTOR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| SCOT GOSKOWICZ | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JORDAN HUTTENLOCKER | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL NAGY | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TYLER PLATT | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| PARKER SCHEARER | BOARD CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMI THOMAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WINGATE | BOARD GOVERN | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $496,220 | $668,380 | $653,188 | $-172,160 |
| 2023 | $483,673 | $504,943 | $811,979 | $-21,270 |
| 2022 | $555,078 | $500,715 | $822,835 | $54,363 |
| 2022 | $555,078 | $500,715 | $822,835 | $54,363 |
| 2021 | $575,156 | $501,742 | $776,927 | $73,414 |
| 2020 | $525,558 | $539,289 | $695,605 | $-13,731 |
| 2019 | $695,854 | $635,780 | $703,220 | $60,074 |
| 2018 | $604,100 | $561,964 | $636,906 | $42,136 |
Compare MUSTARD SEED FURNITURE BANK OF FORT WAYNE INC with other nonprofits in Indiana and across the country.