HOUSEWARES CHARITY FOUNDATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Phone

8472924200

Tax Period

2024-07-01 to 2025-06-30

HOUSEWARES CHARITY FOUNDATION, founded in 1999, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024.

Mission

TO RAISE FUNDS FOR DESIGNATED CHARITIES & PROMOTE THE PHILANTHROPIC IMAGE OF HOUSEWARES INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $1,824,935 Revenue: $0

IN THE SPIRIT OF GOODWILL, TO RAISE FUNDS ANNUALLY FOR DESIGNATED CHARITIES AND HELP UNITE AND PROMOTE THE PHILANTHROPIC IMAGE OF THE HOUSEWARES INDUSTRY. THE FOUNDATION ENDEAVORS TO CREATE AN...

IN THE SPIRIT OF GOODWILL, TO RAISE FUNDS ANNUALLY FOR DESIGNATED CHARITIES AND HELP UNITE AND PROMOTE THE PHILANTHROPIC IMAGE OF THE HOUSEWARES INDUSTRY. THE FOUNDATION ENDEAVORS TO CREATE AN INDUSTRY LEGACY BY SUPPORTING A SINGLE CHARITY IN CONTINUITY WHILE ALSO PARTNERING ANNUALLY WITH CHARITIES SELECTED BY HONOREES. FUNDS ARE RAISED WITH AN ANNUAL GALA EVENT, WHICH WAS HELD IN MARCH 2025.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,289,001

Program Service Revenue $0

Investment Income $0

Other Revenue $-202,981

TOTAL REVENUE $2,086,020

Expense Breakdown

Grants Paid $1,824,935

Salaries & Benefits $0

Fundraising Expenses $222,015

Program Expenses $1,824,935

Other Expenses $245,746

TOTAL EXPENSES $2,137,292

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,086,020	$2,143,698	0.0%
Expenses	$2,137,292	$2,306,010	-0.1%
Net Income	$-51,272	$-162,312	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNDI EVANS	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
DEREK MILLER	CHAIR-OPERATIONS	4.0	Officer Director	$0	$0	$0
EVAN DASH	CHAIR-FUNDRAISING	2.0	Officer Director	$0	$0	$0
RONALD DIAMOND	EXECUTIVE DIRECTOR	2.0	Officer Director	$0	$0	$0
ADAM DARANY	DIRECTOR (BEG. 4/25)	0.5	Director	$0	$0	$0
ANDY LATIMER	DIRECTOR (BEG. 4/25)	0.5	Director	$0	$0	$0
BARBARA PIZZELLA	DIRECTOR	0.5	Director	$0	$0	$0
BARBARA WESTFIELD	DIRECTOR	0.5	Director	$0	$0	$0
DONALD DICKINSON	DIRECTOR	0.5	Director	$0	$0	$0
HERB LANDSMAN	DIRECTOR	0.5	Director	$0	$0	$0
JEFFREY SIEGEL	DIRECTOR	0.5	Director	$0	$0	$0
KEITH JAFFEE	DIRECTOR	0.5	Director	$0	$0	$0
KRISTEN STEVENS	DIRECTOR	0.5	Director	$0	$0	$0
LEON DREIMANN	DIRECTOR	0.5	Director	$0	$0	$0
OGUZHAN OLMEZ	DIRECTOR	0.5	Director	$0	$0	$0
PETER CAMERON	DIRECTOR	0.5	Director	$0	$0	$0
PHILIP BRANDL	DIRECTOR	0.5	Director	$0	$0	$0
TARA TESHER	DIRECTOR	0.5	Director	$0	$0	$0
TOM HAYES	DIRECTOR	0.5	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
2025	$2,086,020	$2,137,292	$256,130	$-51,272
2024	No data	No data	No data	No data
2023	$2,026,453	$2,196,389	$476,424	$-169,936
2022	$521,079	$363,009	$635,272	$158,070
2021	$150,307	$226,133	$472,432	$-75,826
2020	$841,978	$454,472	$603,913	$387,506
2019	$1,150,007	$1,117,858	$245,403	$32,149
2018	$1,163,659	$1,186,256	$141,860	$-22,597