Bridging Az Furniture Bank
Bridging Az Furniture Bank shows fluctuating financial performance with consistent program focus and no officer compensation.
EIN: 201207001 · Mesa, AZ · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $319K |
| Total Expenses | $331K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $-58,583 |
| Transparency Score | 85/100 |
Is Bridging Az Furniture Bank Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bridging Az Furniture Bank directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bridging Az Furniture Bank
Bridging Az Furniture Bank (EIN: 201207001) is a nonprofit organization based in Mesa, AZ, classified under NTEE code P99. The organization reported total revenue of $319K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bridging Az Furniture Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bridging Az Furniture Bank is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $331K |
| Surplus / Deficit | $-71,096 |
| Total Assets | $106K |
| Total Liabilities | $165K |
| Net Assets | $-58,583 |
| Operating Margin | -27.3% |
| Debt-to-Asset Ratio | 155.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2023, Bridging Az Furniture Bank reported a deficit of $71K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 155.2% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Bridging Az Furniture Bank's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.1% | -30.0% | -41.9% |
| 2022 | +20.1% | +30.5% | -37.6% |
| 2021 | -31.0% | -33.3% | -9.4% |
| 2020 | +21.2% | -15.9% | +50.8% |
| 2019 | +20.9% | +55.5% | -26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bridging Az Furniture Bank with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bridging Az Furniture Bank allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 155.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with annual revenues often exceeding $400,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bridging Az Furniture Bank's IRS 990 filings:
- Inconsistent financial surpluses/deficits, indicating potential budgeting challenges (e.g., $71,096 deficit in 2023, $167,152 deficit in 2019).
- Declining asset base in recent years, from $323,731 in 2020 to $106,165 in 2023.
Strengths
The following positive indicators were identified for Bridging Az Furniture Bank:
- Consistent 0% officer compensation, demonstrating a strong commitment to mission over executive pay.
- High proportion of spending directed towards programs, indicating efficient use of funds for its charitable purpose.
- Long filing history (14 filings) suggests sustained operation and commitment.
Frequently Asked Questions about Bridging Az Furniture Bank
Is Bridging Az Furniture Bank a legitimate charity?
Bridging Az Furniture Bank (EIN: 201207001) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $319K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Bridging Az Furniture Bank spend its money?
Bridging Az Furniture Bank directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bridging Az Furniture Bank tax-deductible?
Bridging Az Furniture Bank is registered as a tax-exempt nonprofit (EIN: 201207001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bridging Az Furniture Bank CEO make?
Bridging Az Furniture Bank's highest-compensated officer earns $400,000. annually. The organization reported $319K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bridging Az Furniture Bank's spending goes to programs?
Bridging Az Furniture Bank directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bridging Az Furniture Bank compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bridging Az Furniture Bank is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bridging Az Furniture Bank located?
Bridging Az Furniture Bank is headquartered in Mesa, Arizona and files with the IRS under EIN 201207001. It is classified under NTEE code P99.
How many years of IRS 990 filings does Bridging Az Furniture Bank have?
Bridging Az Furniture Bank has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $319K in total revenue.
Is Bridging Az Furniture Bank a good charity?
Based on the available data, Bridging Az Furniture Bank appears to be a good charity, particularly due to its consistent 0% officer compensation and strong program focus. While it experiences fluctuating financial health, its dedication to its mission is clear.
How has Bridging Az Furniture Bank's financial health changed over time?
The organization's financial health has fluctuated. For example, in 2023, it ran a deficit of $71,096, while in 2022, it had a surplus of $9,261. Assets have also varied, decreasing from $182,844 in 2022 to $106,165 in 2023.
What is the trend in Bridging Az Furniture Bank's assets and liabilities?
Assets have shown a downward trend in recent years, from a high of $323,731 in 2020 to $106,165 in 2023. Liabilities have also fluctuated, increasing from $170,331 in 2022 to $164,748 in 2023, and were as high as $359,577 in 2020.
Filing History
IRS 990 filing history for Bridging Az Furniture Bank showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Bridging Az Furniture Bank's revenue has declined by 66.5%, moving from $777K to $260K. Total assets decreased by 37% over the same period, from $168K to $106K. Total functional expenses fell by 59.6%, from $819K to $331K. In its most recent filing year (2023), Bridging Az Furniture Bank reported a deficit of $71K, with expenses exceeding revenue. The organization holds $165K in liabilities against $106K in assets (debt-to-asset ratio: 155.2%), resulting in net assets of $-58,583.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $260K | $331K | $106K | $165K | — | — |
| 2022 | $482K | $473K | $183K | $170K | — | View 990 |
| 2021 | $402K | $363K | $293K | $290K | — | View 990 |
| 2020 | $582K | $544K | $324K | $360K | — | View 990 |
| 2019 | $480K | $647K | $215K | $288K | — | View 990 |
| 2018 | $397K | $416K | $290K | $197K | — | View 990 |
| 2017 | $427K | $451K | $256K | $143K | — | View 990 |
| 2016 | $561K | $428K | $261K | $131K | — | View 990 |
| 2015 | $427K | $430K | $176K | $141K | — | View 990 |
| 2014 | $484K | $454K | $219K | $110K | — | View 990 |
| 2013 | $387K | $388K | $185K | $106K | — | View 990 |
| 2012 | $989K | $1.2M | $174K | $93K | — | View 990 |
| 2011 | $1.2M | $1.1M | $292K | $47K | — | View 990 |
| 2010 | $777K | $819K | $168K | $70K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $260K, expenses of $331K, and assets of $106K (revenue -46.1% year-over-year).
- 2022: Revenue of $482K, expenses of $473K, and assets of $183K (revenue +20.1% year-over-year).
- 2021: Revenue of $402K, expenses of $363K, and assets of $293K (revenue -31.0% year-over-year).
- 2020: Revenue of $582K, expenses of $544K, and assets of $324K (revenue +21.2% year-over-year).
- 2019: Revenue of $480K, expenses of $647K, and assets of $215K (revenue +20.9% year-over-year).
- 2018: Revenue of $397K, expenses of $416K, and assets of $290K (revenue -7.0% year-over-year).
- 2017: Revenue of $427K, expenses of $451K, and assets of $256K (revenue -23.9% year-over-year).
- 2016: Revenue of $561K, expenses of $428K, and assets of $261K (revenue +31.4% year-over-year).
- 2015: Revenue of $427K, expenses of $430K, and assets of $176K (revenue -11.9% year-over-year).
- 2014: Revenue of $484K, expenses of $454K, and assets of $219K (revenue +25.1% year-over-year).
- 2013: Revenue of $387K, expenses of $388K, and assets of $185K (revenue -60.8% year-over-year).
- 2012: Revenue of $989K, expenses of $1.2M, and assets of $174K (revenue -18.7% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $292K (revenue +56.5% year-over-year).
- 2010: Revenue of $777K, expenses of $819K, and assets of $168K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bridging Az Furniture Bank:
Data Sources and Methodology
This transparency report for Bridging Az Furniture Bank is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.