North American Home Furnishings Association

EIN: 951405453

Carmichael, CA

Total Revenue
$4,609,328
Total Expenses
$3,559,051
Total Assets
$15,966,663
Net Assets
$13,560,508
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
CA
Principal Officer
Peter Theran
Phone
8004223778
Tax Period
2025-01-01 to 2025-12-31

North American Home Furnishings Association, founded in 1944, is a community nonprofit that reported $4.6M in total revenue in fiscal year 2025. Revenue surged 1262% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 23% operating margin.

Mission

The Organization serves the needs and interests of home furnishings retailer members across all 50 states by providing programs, resources, services and a unified voice in government relations by partnering with home furnishings' industry suppliers, vendors, affiliates and other organizations.

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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 $0
Program Service Revenue $3,913,455
Investment Income $355,143
Other Revenue $340,730
TOTAL REVENUE $4,609,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,212,498
Fundraising Expenses $0
Other Expenses $2,346,553
TOTAL EXPENSES $3,559,051

Year-over-Year Comparison

2025 2024 Change
Revenue $4,609,328 $338,436 +12.6%
Expenses $3,559,051 $356,360 +9.0%
Net Income $1,050,277 $-17,924 -59.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
22
Volunteers
15

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
8
$403,347
Total Directors
15
$0
Key Employees
1
$210,922
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dave Koehler President 1.00
Officer Director
$0 $0 $0
Eric Poupard President 1.00
Director
$0 $0 $0
Randilynn Talsma President Elect 1.00
Officer Director
$0 $0 $0
Eric Easter Secretary 1.00
Officer Director
$0 $0 $0
Jared Simon Treasurer 1.00
Officer Director
$0 $0 $0
Matt Schultz Immediate Past President 1.00
Officer Director
$0 $0 $0
Bailee Nebeker Director 1.00
Director
$0 $0 $0
Jacob Schevin Director 1.00
Director
$0 $0 $0
Joel Haimsohn Director 1.00
Director
$0 $0 $0
Lenny Kharitonov Director 1.00
Director
$0 $0 $0
Mariam Farach Director 1.00
Director
$0 $0 $0
Matthew Waugh Director 1.00
Director
$0 $0 $0
Paris Gholston Director 1.00
Director
$0 $0 $0
Peter Theran Director 1.00
Director
$0 $0 $0
Rebecca Reeder Director 1.00
Director
$0 $0 $0
Peter Theran CEO (From 09/25) 13.00
Officer
$112,920 $4,939 $117,859
Shannon Williams CEO (To 06/25) 22.00
Officer
$127,378 $9,043 $136,421
Evan Martin VP of Finance 40.00
Officer
$133,793 $15,274 $149,067
Elizabeth Spriggs COO 40.00
Key Emp
$195,527 $15,395 $210,922
Jordan Boyst Dir Strategic Initiatives 40.00
Highest
$103,533 $15,350 $118,883
Howard Timmons Dir Marketing/Communications 40.00
Highest
$100,166 $25,756 $125,922
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 $4,609,328 $3,559,051 $15,966,663 $1,050,277
2024 No data No data No data No data
2024 $4,697,585 $3,772,827 $13,771,124 $924,758
2023 $3,900,134 $2,996,738 $10,836,226 $903,396
2022 $4,123,294 $3,310,811 $10,374,635 $812,483
2021 $5,041,631 $2,830,431 $10,429,972 $2,211,200
2020 $2,075,383 $2,103,743 $8,485,834 $-28,360
2019 $3,724,860 $3,401,284 $7,955,220 $323,576
2018 $3,315,632 $2,763,853 $7,066,120 $551,779
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