Furniture Resource Center Inc, Furniture Bank Of Southeastern Mich in Pontiac, Michigan (MI)

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Furniture Resource Center Inc, Furniture Bank Of Southeastern Mich
Employer Identification Number (EIN)381914651
Name of OrganizationFurniture Resource Center Inc
Secondary NameFurniture Bank Of Southeastern Mich
Address333 N Perry St, Pontiac, MI 48342-2440
ActivitiesGifts or grants to individuals (other than scholarships)
SubsectionCharitable Organization
Ruling Date01/1971
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$311,420
Amount of Income$895,745
Form 990 Revenue Amount$887,146


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$900,507
Contributions, Gifts, Grants and Other Similar Amounts$873,990
Program Service Revenue$37,775
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$14
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net loss from fundraising events$-11,272
Gross income from fundraising events$1,400
Less: direct expenses$12,672
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$923,170
Compensation of current officers, directors, trustees, and key employees$52,269
Other salaries and wages$121,845
Payroll taxes$16,834
Professional fundraising services$0
Other$732,222
Balance Sheet (for 2011)
Total assets$333,893
Total liabilities$6,361
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$6,361
Total net assets or fund balances$327,532
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$5,507,756
Gifts, grants, contributions, and membership fees received$5,495,991
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$11,765
Gross receipts from related activities, etc.$0
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