FURNISHING HOPE OF MASSACHUSETTS INC

FURNISHING HOPE OF MASSACHUSETTS WAS FOUNDED IN 2012. IT OPERATES ON FORMAL WRITTEN AGREEMENTS WITH OTHER ORGANIZATIONS TO PROVIDE BASIC FURNITURE AND HOUSEHOLD GOODS TO CLIENTS. ALL CLIENTS RECEIVING FURNITURE ARE IDENTIFIED, QUALIFIED AND FURTHER SUPPORTED BY THE REFERRING AGENCY.IN 2023,RECOVERY FROM THE PANDEMIC CONCLUDED. THE ORGANIZATION'S ACTIVITIES CONTINUE TO THRIVE, COLLECTING FURNITURE DONATIONS AND WE ELIMINATED OUR WAREHOUSE STORAGE COSTS THROUGH A COLLABORATION WITH HOUSEHOLD GOODS OF ACTON, MA [NON-PROFIT], A SAVINGS OF OVER $20,000.00. THE ORGANIZATION MAINTAINED ITS ARRANGEMENTS WITH 24 OF THE REFERRAL AGENCIES, ADDING 5 NEW AGENCIES IN 2023. IN CONNECTION WITH THESE REFERRALS, THE ORGANIZATION DISTRIBUTED INVENTORY HAVING A VALUE OF $62.937.59, OBTAINED THROUGH IN-KIND DONATIONS, TO 79 FAMILIES [129 CHILDREN/89 ADULTS]. THE ORGANIZATION PURCHASED AND DISTRIBUTED ADDITIONAL INVENTORY VALUED AT $4,265.13.PROGRAM EXPENSES OF $41,286.75 REPRESENT MOVING EXPENSES FOR PICK-UP AND DELIVERY OF INVENTORY TO THE ORGANIZATION'S CLIENTS.2023 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 8,968. [INCLUDES FURNITURE AND HOME GOODS]INVENTORY VALUES ARE BASED ON THE PURCHASE PRICE OF NEW ITEMS AND VALUATION GUIDELINES, BASED ON THRIFT STORE VALUES, PUBLISHED BY SIMILAR ORGANIZATIONS FOR USED ITEMS.

HAVING INVENTORY OF $62,833.67 TO DISTRIBUTE THESE INKIND DONATIONS, THE ORGANIZATION INCURRED $41,286.75 TO COVER DELIVERY AND PICK UP EXPENSES. THE ORGANIZATION RECEIVED IN-KIND DONATIONS FROM 66 INDIVIDUALS SOME DIRECTLY AND SOME INDIVIDUALS WHO MADE DONATIONS INDIRECTLY THROUGH FOR-PROFIT ORGANIZATIONS WITH WHICH THE ORGANIZATION HAS AGREEMENTS IN PLACE. 2023 THERE WERE NO EXPENSES INCURRED TO COVER STORAGE COSTS [2022 STORAGE EXPENSES WERE $19,483.33 AND APPROXIMATELY $2,200.00 FOR INSURANCE].2023 THE NUMBER OF INDIVIDUAL ITEMS OF FURNITURE DELIVERED WAS 8,968. [INCLUDES FURNITURE AND HOME GOODS]