SUSTAINABLE FURNISHINGS EDUCATION … - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

MICHELA ABRAMS

Phone

8646801770

Tax Period

2024-01-01 to 2024-12-31

SUSTAINABLE FURNISHINGS EDUCATION FUND, founded in 2017, is a micro nonprofit in the Environment sector that reported $24K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $40K exceeded revenue, resulting in a 69% operating deficit.

Mission

TO RAISE AWARENESS OF THE IMPORTANCE OF ENVIRONMENTAL CONSERVATION AND THE SIGNIFICANCE OF CHOICES IN RESIDENTIAL FURNISHINGS.

Program Service Accomplishments

Program 1

Expenses: $39,409

EDUCATING FURNITURE CONSUMERS, DESIGNERS AND THE RESIDENTIAL FURNISHINGS INDUSTRY AT LARGE ON ALL ASPECTS OF SUSTAINABILITY.

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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 $0

Program Service Revenue $24,002

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,002

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,184

Fundraising Expenses $0

Program Expenses $39,409

Other Expenses $20,287

TOTAL EXPENSES $40,471

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,002	$18,597	+0.3%
Expenses	$40,471	$67,087	-0.4%
Net Income	$-16,469	$-48,490	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELA ABRAMS	CHAIR	N/A	Officer Director	$0	$0	$0
CAITE JISA	VICE CHAIR	N/A	Officer Director	$0	$0	$0
PHANTILA PHATARAPRASIT	SECRETARY	N/A	Officer Director	$0	$0	$0
RICK DACRUZ	TREASURER	N/A	Officer Director	$0	$0	$0
SCARLETTE TAPP	EXECUTIVE DI	N/A	Officer	$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	$24,002	$40,471	No data	$-16,469
2023	$18,597	$67,087	$1,700	$-48,490
2022	$18,067	$35,648	$24,649	$-17,581

SUSTAINABLE FURNISHINGS EDUCATION FUND