FURNITURE MISSION OF THE RED RIVER VALLEY

EIN: 842865001 501(c)(3) Human Services

FARGO, ND

Total Revenue
$604,792
Total Expenses
$510,830
Total Assets
$186,337
Net Assets
$185,386
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
ND
Principal Officer
Darrell Costain
Phone
7017291410
Tax Period
2025-01-01 to 2025-12-31

FURNITURE MISSION OF THE RED RIVER VALLEY, founded in 2019, is a small nonprofit in the Human Services sector that reported $605K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 16% operating margin.

Mission

FOLLOWING OUR MISSION STATEMENT THAT "WE ARE A FAITH-BASED ORGANIZATION THAT ACEPTS GENTLY USED FURNITURE DONATION AND REGIFTS THE FURNITURE TO PEOPLE IN CRISIS" WE CONTINUE TO HELP PEOPLE AS MANY START THEIR LIVES OVER AGAIN DUE TO THEIR LIVES BEING DISRUPTED BY NATURAL DISASTERS, DRUG AND ALCOHOL ABUSE, DOMESTIC VIOLENCE AND MENTAL OR PHYSICAL ISSUES SUFFERED BY MANY WAR VETERANS. IN 2025 WE SERVED 813 FAMILIES WITH 14,787 PIECES OF FURNITURE. WE GREW OUR LIST OF AGENCIES WHO REFER CLIENTS FROM TO 45. WE'VE SERVED 3,700 LOCAL FAMILIES BY GIFTING OVER 50,000 PIECES OF FURNITURE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $591,856
Program Service Revenue $0
Investment Income $0
Other Revenue $12,936
TOTAL REVENUE $604,792

Expense Breakdown

Grants Paid $260,349
Salaries & Benefits $78,982
Fundraising Expenses $2,419
Program Expenses $508,411
Other Expenses $171,499
TOTAL EXPENSES $510,830

Year-over-Year Comparison

2025 2024 Change
Revenue $604,792 $483,496 +0.3%
Expenses $510,830 $461,157 +0.1%
Net Income $93,962 $22,339 +3.2%
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
9
Independent Members
9
Employees
1
Volunteers
118

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
3
$0
Total Directors
12
$0
Key Employees
1
$71,708
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN MCCORMICK EXECUTIVE DIRECTOR 40
Key Emp
$71,708 $0 $71,708
EVERT VAN ENGELENHOVEN DIRECTOR 20
Director
$0 $0 $0
DARRELL COSTAIN PRESIDENT 20
Officer Director
$0 $0 $0
KEVEN KERCHER SECRETARY 5
Officer Director
$0 $0 $0
PAUL LYBECK TREASURER 5
Officer Director
$0 $0 $0
PAN SHAO DIRECTOR 2
Director
$0 $0 $0
ANDREW OHOE DIRECTOR 1
Director
$0 $0 $0
JAE DEWALD DIRECTOR 1
Director
$0 $0 $0
BRYAN AALUND DIRECTOR 1
Director
$0 $0 $0
EMILY JONES DIRECTOR APPROVED 11/10/2025 1
Director
$0 $0 $0
HANNAH YOUNG DIRECTOR RESIGNED MAY 31, 2025 0
Director
$0 $0 $0
DENISE TOLLEFSON DIRECTOR RESIGNED JULY 31, 2025 0
Director
$0 $0 $0
PAUL FLEMING DIRECTOR RESIGNED DEC 31, 2025 0
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 $604,792 $510,830 $186,337 $93,962
2024 No data No data No data No data
2023 $403,304 $380,985 $69,945 $22,319
2022 $325,056 $349,848 $74,737 $-24,792
2021 $213,801 $166,962 $71,558 $46,839
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