Sustainable Furniture Council Inc
Sustainable Furniture Council Inc. operates on tight margins, with recent expenses exceeding revenue, but maintains 0% officer compensation.
EIN: 208529922 · High Point, NC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $174K |
| Total Expenses | $213K |
| Program Spending | 85% |
| Net Assets | $90K |
| Transparency Score | 85/100 |
Is Sustainable Furniture Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sustainable Furniture Council Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sustainable Furniture Council Inc
Sustainable Furniture Council Inc (EIN: 208529922) is a nonprofit organization based in High Point, NC, classified under NTEE code S41. The organization reported total revenue of $174K and total assets of $99K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sustainable Furniture Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sustainable Furniture Council Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $213K |
| Surplus / Deficit | $-33,632 |
| Total Assets | $93K |
| Total Liabilities | $3K |
| Net Assets | $90K |
| Operating Margin | -18.8% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Sustainable Furniture Council Inc reported a deficit of $34K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sustainable Furniture Council Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.7% | -12.4% | -26.3% |
| 2022 | -18.3% | +20.8% | +3.4% |
| 2021 | +50.5% | +8.1% | +406.8% |
| 2020 | -13.7% | -20.8% | +546.4% |
| 2019 | +4.3% | +6.1% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Sustainable Furniture Council Inc 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, Sustainable Furniture Council Inc 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable for an organization of its size, ensuring resources are directed towards its mission.
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 Sustainable Furniture Council Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($212,677 vs. $179,045), indicating a deficit.
- Significant decline in revenue from $303,309 in 2021 to $179,045 in 2023.
Strengths
The following positive indicators were identified for Sustainable Furniture Council Inc:
- Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
- Long history of IRS 990 filings (13 available), indicating good transparency.
- Assets have grown significantly from earlier years (e.g., $3,737 in 2019 to $93,302 in 2023).
Frequently Asked Questions about Sustainable Furniture Council Inc
Is Sustainable Furniture Council Inc a legitimate charity?
Sustainable Furniture Council Inc (EIN: 208529922) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $174K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sustainable Furniture Council Inc spend its money?
Sustainable Furniture Council Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sustainable Furniture Council Inc tax-deductible?
Sustainable Furniture Council Inc is registered as a tax-exempt nonprofit (EIN: 208529922). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sustainable Furniture Council Inc's spending goes to programs?
Sustainable Furniture Council Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sustainable Furniture Council Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sustainable Furniture Council 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 Sustainable Furniture Council Inc located?
Sustainable Furniture Council Inc is headquartered in High Point, North Carolina and files with the IRS under EIN 208529922. It is classified under NTEE code S41.
How many years of IRS 990 filings does Sustainable Furniture Council Inc have?
Sustainable Furniture Council 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 $174K in total revenue.
Is Sustainable Furniture Council Inc. financially sustainable given recent deficits?
While the organization experienced a deficit in 2023 ($179,045 revenue vs. $212,677 expenses), it has a history of fluctuating between surpluses and deficits. Its assets of $93,302 in 2023 provide some buffer, but continued deficits would challenge long-term sustainability.
How does the 0% officer compensation impact the organization's operations?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means, allowing a greater proportion of revenue to be allocated directly to program activities and operational costs.
What caused the significant revenue drop from $303,309 in 2021 to $179,045 in 2023?
The filings indicate a substantial decrease in revenue over two years. Further investigation into the specific sources of revenue (e.g., grants, membership fees, donations) would be needed to understand the underlying reasons for this decline.
Filing History
IRS 990 filing history for Sustainable Furniture Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sustainable Furniture Council Inc's revenue has declined by 14.9%, moving from $210K to $179K. Total assets increased by 675.9% over the same period, from $12K to $93K. Total functional expenses fell by 3.5%, from $220K to $213K. In its most recent filing year (2023), Sustainable Furniture Council Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $3K in liabilities against $93K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $179K | $213K | $93K | $3K | — | View 990 |
| 2022 | $248K | $243K | $127K | $3K | — | View 990 |
| 2021 | $303K | $201K | $122K | $4K | — | View 990 |
| 2020 | $202K | $186K | $24K | $8K | — | View 990 |
| 2019 | $234K | $235K | $4K | $3K | — | View 990 |
| 2018 | $224K | $221K | $3K | $741 | — | View 990 |
| 2017 | $215K | $242K | $5K | $5K | — | View 990 |
| 2016 | $246K | $238K | $25K | $-1,784 | — | View 990 |
| 2015 | $202K | $201K | $22K | $3K | — | View 990 |
| 2014 | $207K | $213K | $20K | $2K | — | View 990 |
| 2013 | $221K | $205K | $27K | $2K | — | View 990 |
| 2012 | $182K | $182K | $13K | $3K | — | View 990 |
| 2011 | $210K | $220K | $12K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179K, expenses of $213K, and assets of $93K (revenue -27.7% year-over-year).
- 2022: Revenue of $248K, expenses of $243K, and assets of $127K (revenue -18.3% year-over-year).
- 2021: Revenue of $303K, expenses of $201K, and assets of $122K (revenue +50.5% year-over-year).
- 2020: Revenue of $202K, expenses of $186K, and assets of $24K (revenue -13.7% year-over-year).
- 2019: Revenue of $234K, expenses of $235K, and assets of $4K (revenue +4.3% year-over-year).
- 2018: Revenue of $224K, expenses of $221K, and assets of $3K (revenue +4.1% year-over-year).
- 2017: Revenue of $215K, expenses of $242K, and assets of $5K (revenue -12.5% year-over-year).
- 2016: Revenue of $246K, expenses of $238K, and assets of $25K (revenue +21.7% year-over-year).
- 2015: Revenue of $202K, expenses of $201K, and assets of $22K (revenue -2.5% year-over-year).
- 2014: Revenue of $207K, expenses of $213K, and assets of $20K (revenue -6.0% year-over-year).
- 2013: Revenue of $221K, expenses of $205K, and assets of $27K (revenue +21.2% year-over-year).
- 2012: Revenue of $182K, expenses of $182K, and assets of $13K (revenue -13.5% year-over-year).
- 2011: Revenue of $210K, expenses of $220K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sustainable Furniture Council Inc:
Data Sources and Methodology
This transparency report for Sustainable Furniture Council 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.