FURNITURE BANK OF METRO ATLANTA INC

EIN: 581815194 501(c)(3) Human Services

ATLANTA, GA

Total Revenue
$2,411,196
Total Expenses
$2,394,773
Total Assets
$1,558,392
Net Assets
$1,486,314
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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
1988
Legal Domicile
GA
Tax Period
2023-10-01 to 2024-09-30

FURNITURE BANK OF METRO ATLANTA INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATIN PROVIDES ESSENTIAL HOUSEHOLD FURNITURE TO INDIVIDUALS AND FAMILIES MOVING OUT OF HOMELESSNESS, BATTLING HIV/AIDS, AND FLEEING DOMESTIC VIOLENCE

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,510,211
Program Service Revenue $784,664
Investment Income $14,201
Other Revenue $102,120
TOTAL REVENUE $2,411,196

Expense Breakdown

Grants Paid $0
Salaries & Benefits $758,983
Fundraising Expenses $139,746
Program Expenses $2,083,234
Other Expenses $1,635,790
TOTAL EXPENSES $2,394,773

Year-over-Year Comparison

2023 2022 Change
Revenue $2,411,196 $2,476,326 0.0%
Expenses $2,394,773 $2,358,760 +0.0%
Net Income $16,423 $117,566 -0.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
16
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
4
$0
Total Directors
10
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS ROBERTSON DIRECTOR 2.00
Director
$0 $0 $0
DAVID SAWYER DIRECTOR 2.00
Director
$0 $0 $0
JOEL DEAN DIRECTOR 2.00
Director
$0 $0 $0
ASHLEY ROGERS DIRECTOR 2.00
Director
$0 $0 $0
MARGARET SCHWEIZER DIRECTOR 2.00
Director
$0 $0 $0
AUTUMN NORRIS DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW R TOVROG DIRECTOR 2.00
Director
$0 $0 $0
STEVEN CARRINGTON DIRECTOR 2.00
Director
$0 $0 $0
BRETT CONNOR DIRECTOR 2.00
Director
$0 $0 $0
JAIME DAVIS DIRECTOR 2.00
Director
$0 $0 $0
VICTORIA NAIL-TAYLOR VICE-CHAIR 2.00
Officer
$0 $0 $0
BRIAN E CRAVER CHAIR 2.00
Officer
$0 $0 $0
PAUL M ROSENBLATT TREASURER 2.00
Officer
$0 $0 $0
PAMELLA ROEBUCK SECRETARY 2.00
Officer
$0 $0 $0
MEGAN ANDERSON EXECUTVIE DIRECTOR 40.00
Key Emp
$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 $2,411,196 $2,394,773 $1,558,392 $16,423
2023 $2,476,326 $2,358,760 $1,560,720 $117,566
2022 $4,639,114 $4,764,453 $1,418,663 $-125,339
2021 $1,557,759 $1,600,675 $1,549,972 $-42,916
2020 $2,356,502 $2,314,506 $1,492,683 $41,996
2019 $1,673,473 $1,747,085 $1,300,362 $-73,612
2018 $1,737,581 $1,659,891 $1,347,727 $77,690
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