International Furniture Rental Association Inc
International Furniture Rental Association Inc: Consistent Revenue, Volatile Expenses
EIN: 222133285 · Washington, DC · NTEE: S41 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $66K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $32K |
| Transparency Score | 65/100 |
Is International Furniture Rental Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Furniture Rental Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About International Furniture Rental Association Inc
International Furniture Rental Association Inc (EIN: 222133285) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $69K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Furniture Rental Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Furniture Rental Association Inc is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $66K |
| Surplus / Deficit | $-8,891 |
| Total Assets | $32K |
| Net Assets | $32K |
| Operating Margin | -15.7% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2024, International Furniture Rental Association Inc reported a deficit of $9K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), International Furniture Rental Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -12.3% | +2.5% | -21.6% |
| 2023 | -4.4% | +1.1% | +1.7% |
| 2022 | +0.0% | -21.5% | +12.2% |
| 2021 | +19.4% | +66.7% | -26.5% |
| 2020 | -11.9% | -29.2% | +20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 International Furniture Rental Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, International Furniture Rental Association Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent revenue and expenses, suggesting it may be covered by another entity or not reported in this filing.
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 International Furniture Rental Association Inc's IRS 990 filings:
- Reported $0 executive compensation and lobbying expenses across all years, which could indicate incomplete reporting or an unusual operational structure.
- Significant year-over-year fluctuations in total expenses (e.g., $48,464 in 2020 to $80,779 in 2021) without clear explanation in provided data.
- Assets have decreased from $60,784 in 2017 to $32,253 in 2024, indicating a declining financial position.
Strengths
The following positive indicators were identified for International Furniture Rental Association Inc:
- Consistent revenue generation over the past several years, demonstrating a stable funding base.
- Maintains a physical presence in Washington, DC, suggesting active operations.
- No reported lobbying expenses, indicating a focus away from direct political influence.
Frequently Asked Questions about International Furniture Rental Association Inc
Is International Furniture Rental Association Inc a legitimate charity?
International Furniture Rental Association Inc (EIN: 222133285) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $69K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does International Furniture Rental Association Inc spend its money?
International Furniture Rental Association Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to International Furniture Rental Association Inc tax-deductible?
International Furniture Rental Association Inc is registered as a tax-exempt nonprofit (EIN: 222133285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the International Furniture Rental Association Inc CEO make?
International Furniture Rental Association Inc's highest-compensated officer earns $0 annually. The organization reported $69K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of International Furniture Rental Association Inc's spending goes to programs?
International Furniture Rental Association Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does International Furniture Rental Association Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), International Furniture Rental Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is International Furniture Rental Association Inc located?
International Furniture Rental Association Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 222133285. It is classified under NTEE code S41.
How many years of IRS 990 filings does International Furniture Rental Association Inc have?
International Furniture Rental Association Inc has 13 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 $69K in total revenue.
What does International Furniture Rental Association Inc do?
International Furniture Rental Association Inc is a nonprofit organization in the Community Improvement sector, located in Washington, District of Columbia. It is classified under NTEE code S41.
How much revenue does International Furniture Rental Association Inc have?
International Furniture Rental Association Inc reported total revenue of $69,000. Based on 13 IRS 990 filings on record.
What are International Furniture Rental Association Inc's total assets?
International Furniture Rental Association Inc holds total assets of $35,007 as reported in IRS 990 filings.
Where is International Furniture Rental Association Inc located?
International Furniture Rental Association Inc is based in Washington, District of Columbia.
What is International Furniture Rental Association Inc's EIN?
International Furniture Rental Association Inc's Employer Identification Number (EIN) is 222133285. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is International Furniture Rental Association Inc?
International Furniture Rental Association Inc is classified under NTEE code S41 (Community Improvement).
Is International Furniture Rental Association Inc a registered 501(c)(3)?
Yes, International Furniture Rental Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 222133285.
Does International Furniture Rental Association Inc file IRS Form 990?
Yes, International Furniture Rental Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was International Furniture Rental Association Inc's revenue in 2024?
In the 202403 filing period, International Furniture Rental Association Inc reported total revenue of $56,800, total expenses of $65,691, and net assets of $32,253.
Is International Furniture Rental Association Inc's revenue growing or declining?
International Furniture Rental Association Inc's revenue is declining. Revenue went from $64,800 (202303) to $56,800 (202403), a -12.3% change. Based on 13 filings on record.
What is International Furniture Rental Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for International Furniture Rental Association Inc covers tax period 202403. It shows revenue of $56,800, expenses of $65,691, total assets of $32,253, and liabilities of N/A.
How much does International Furniture Rental Association Inc spend on programs vs administration?
Based on IRS 990 analysis, International Furniture Rental Association Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is International Furniture Rental Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, International Furniture Rental Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for International Furniture Rental Association Inc?
The following concerns were identified: Reported $0 executive compensation and lobbying expenses across all years, which could indicate incomplete reporting or an unusual operational structure.. Significant year-over-year fluctuations in total expenses (e.g., $48,464 in 2020 to $80,779 in 2021) without clear explanation in provided data.. Assets have decreased from $60,784 in 2017 to $32,253 in 2024, indicating a declining financial position.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are International Furniture Rental Association Inc's strengths?
Positive indicators for International Furniture Rental Association Inc include: Consistent revenue generation over the past several years, demonstrating a stable funding base.. Maintains a physical presence in Washington, DC, suggesting active operations.. No reported lobbying expenses, indicating a focus away from direct political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does International Furniture Rental Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is unusual for an organization with consistent revenue and expenses, suggesting it may be covered by another entity or not reported in this filing. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and fluctuating expenses, what specific operational changes or external factors contributed to the significant expense variations, particularly the jump from $48,464 in 2020 to $80,779 in 2021?
Without detailed expense breakdowns, it's difficult to pinpoint the exact cause. Potential factors could include one-time program costs, administrative overhauls, or significant fundraising event expenses that are not separately itemized in the provided data.
How does the organization manage to operate with reported $0 executive compensation, and what is the actual mechanism for leadership and management if no salaries are paid?
This could imply that leadership is entirely volunteer-based, compensated by a related entity not covered by these filings, or that compensation is structured in a non-salary form not captured here. Further investigation into their governance structure and related party transactions would be necessary.
Filing History
IRS 990 filing history for International Furniture Rental Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), International Furniture Rental Association Inc's revenue has declined by 0.8%, moving from $57K to $57K. Total assets decreased by 42.5% over the same period, from $56K to $32K. Total functional expenses rose by 3.4%, from $64K to $66K. In its most recent filing year (2024), International Furniture Rental Association Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $57K | $66K | $32K | $0 | — | — |
| 2023 | $65K | $64K | $41K | $0 | — | — |
| 2022 | $68K | $63K | $40K | $0 | — | — |
| 2021 | $68K | $81K | $36K | $0 | — | — |
| 2020 | $57K | $48K | $49K | $0 | — | View 990 |
| 2019 | $65K | $68K | $41K | $0 | — | View 990 |
| 2018 | $63K | $79K | $45K | $0 | — | View 990 |
| 2017 | $60K | $47K | $61K | $0 | — | View 990 |
| 2016 | $64K | $79K | $48K | $0 | — | View 990 |
| 2015 | $60K | $48K | $62K | $0 | — | View 990 |
| 2014 | $16K | $79K | $51K | $0 | — | View 990 |
| 2013 | $105K | $48K | $113K | $0 | — | View 990 |
| 2012 | $57K | $64K | $56K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $57K, expenses of $66K, and assets of $32K (revenue -12.3% year-over-year).
- 2023: Revenue of $65K, expenses of $64K, and assets of $41K (revenue -4.4% year-over-year).
- 2022: Revenue of $68K, expenses of $63K, and assets of $40K (revenue +0.0% year-over-year).
- 2021: Revenue of $68K, expenses of $81K, and assets of $36K (revenue +19.4% year-over-year).
- 2020: Revenue of $57K, expenses of $48K, and assets of $49K (revenue -11.9% year-over-year).
- 2019: Revenue of $65K, expenses of $68K, and assets of $41K (revenue +2.4% year-over-year).
- 2018: Revenue of $63K, expenses of $79K, and assets of $45K (revenue +5.0% year-over-year).
- 2017: Revenue of $60K, expenses of $47K, and assets of $61K (revenue -6.2% year-over-year).
- 2016: Revenue of $64K, expenses of $79K, and assets of $48K (revenue +7.5% year-over-year).
- 2015: Revenue of $60K, expenses of $48K, and assets of $62K (revenue +261.2% year-over-year).
- 2014: Revenue of $16K, expenses of $79K, and assets of $51K (revenue -84.3% year-over-year).
- 2013: Revenue of $105K, expenses of $48K, and assets of $113K (revenue +83.3% year-over-year).
- 2012: Revenue of $57K, expenses of $64K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Furniture Rental Association Inc:
Data Sources and Methodology
This transparency report for International Furniture Rental Association Inc 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.