FURNISHING DIGNITY

EIN: 472214017 501(c)(3)

PHOENIX, AZ

Total Revenue
$311,738
Total Expenses
$432,388
Total Assets
$117,955
Net Assets
$115,480
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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
2014
Legal Domicile
AZ
Principal Officer
TAMARA SILVA
Phone
4803403417
Tax Period
2021-01-01 to 2021-12-31

FURNISHING DIGNITY, founded in 2014, is a small nonprofit that reported $312K in total revenue in fiscal year 2021. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $432K exceeded revenue, resulting in a 39% operating deficit.

Mission

OUR VISION IS EVERYONE SHOULD HAVE THE COMFORTS OF A HOME. WE ACCOMPLISH THIS WITH LOCAL NONPROFITS WORKING WITH FOSTER YOUTHS, AGING OUT OF CARE, AND FAMILIES AND INDIVIDUALS TRANSITIONING FROM HOMELESSNESS AND SHELTERS TO A PLACE OF THEIR OWN AND SELF-SUFFICIENCY.

Program Service Accomplishments

Program 1
Expenses: $320,251 Revenue: $12,056

FURNISHING DIGNITY WAS ABLE TO SERVE 208 HOUSEHOLDS AND 509 INDIVIDUALS FOR 2021. THE IMPACT OF THIS WAS INDEED SIGNIFICANT AS MOST OF THESE FAMILIES OR ADULTS HAD FEW IF ANY PERSONAL POSSESSIONS TO...

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FURNISHING DIGNITY WAS ABLE TO SERVE 208 HOUSEHOLDS AND 509 INDIVIDUALS FOR 2021. THE IMPACT OF THIS WAS INDEED SIGNIFICANT AS MOST OF THESE FAMILIES OR ADULTS HAD FEW IF ANY PERSONAL POSSESSIONS TO SPEAK OF - ONLY ITEMS THAT THEY HAD BEEN ABLE TO CARRY WHILE HOMELESS. IN 2021 FURNISHING DIGNITY WAS ABLE TO CONTINUE TO PROVIDE COMPLETE HOUSEHOLD FURNITURE FROM BEDS AND TABLES TO CUTLERY AND DISH SETS, OUR PROGRAM HELPS TO RESTORE DIGNITY BY CREATING COMFORTABLE AND FUNCTIONAL HOME ENVIRONMENTS FOR THOSE ON THEIR PATHWAY TO STABILITY AND SELF- RELIANCE. ALL OF THOSE SERVED THROUGH THIS PROJECT WERE ECONOMICALLY DISADVANTAGED, OFTEN LIVING AT OR BELOW THE FEDERAL POVERTY LEVEL, AND READY TO TRANSITION OUT OF SHELTER OR FOSTER CARE INTO THEIR OWN HOMES. EACH OF THE HOUSEHOLDS SERVED WERE FINANCIALLY VETTED TO ENSURE OUR HOME FURNISHINGS WERE PLACED IN HOMES THAT HAD A CONSISTENT AND STEADY MONTHLY INCOME, EITHER THROUGH EMPLOYMENT AND/OR

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $296,076
Program Service Revenue $12,056
Investment Income $20
Other Revenue $3,586
TOTAL REVENUE $311,738

Expense Breakdown

Grants Paid $129,509
Salaries & Benefits $146,839
Fundraising Expenses $50,462
Program Expenses $320,251
Other Expenses $131,540
TOTAL EXPENSES $432,388

Year-over-Year Comparison

2021 2020 Change
Revenue $311,738 $459,698 -0.3%
Expenses $432,388 $335,309 +0.3%
Net Income $-120,650 $124,389 -2.0%
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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Governance

Voting Members
6
Independent Members
5
Employees
16
Volunteers
350

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
$56,479
Total Directors
10
$7,812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMARA SILVA EXECUTIVE DIRECTOR 040.00
Officer
$48,667 $0 $48,667
JOYCE PETROWSKI THRU 12312021 TREASURER 005.00
Officer Director
$7,812 $0 $7,812
NINA TARGOVNIK PRESIDENT 005.00
Officer Director
$0 $0 $0
TRACY POWERS SECRETARY 004.00
Officer Director
$0 $0 $0
LORI WILSON VICE PRESIDENT 005.00
Officer Director
$0 $0 $0
SHERYL BERGERSEN TREASURER 004.00
Director
$0 $0 $0
KEN SHERMAN DIRECTOR 003.00
Director
$0 $0 $0
ROBERT BURGHART DIRECTOR THRU 10/2021 005.00
Director
$0 $0 $0
EMILY MCLAUGHLIN DIRECTOR THRU 05/2021 005.00
Director
$0 $0 $0
KAREN MUIR DIRECTOR THRU 04/2021 005.00
Director
$0 $0 $0
SAMEER PATEL DIRECTOR THRU 03/2021 005.00
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
2021 $311,738 $432,388 $117,955 $-120,650
2020 $459,698 $335,309 $237,856 $124,389
2019 $353,343 $345,248 $119,571 $8,095
2018 $306,394 $288,024 $108,251 $18,370
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