2024-09-24T13:51:07-05:00 2023-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2023-01-01 571230561 FURNITURE ASSIST INC FURN 9738686007 24 COMMERCE STREET SPRINGFIELD NJ 07081 DAWSON YEOMANS PRESIDENT 9738686007 2024-09-19 1 1 CHRISTABEL VALLADARES CPA P02451559 9733281825 2024-09-19 2023 2024-08-08 14:25:15Z DAWSON YEOMANS 24 COMMERCE STREET SPRINGFIELD NJ 07081 413944 0 X WWW.FURNITUREASSIST.COM X 2006 NJ FROM THOSE WHO HAVE, TO THOSE WHO NEED. 3 3 0 90 0 0 248295 320521 33566 35619 774 8010 0 0 282635 364150 0 0 0 0 0 0 0 0 0 314813 343377 314813 343377 -32178 20773 372648 325122 213425 148942 159223 176180 FROM THOSE WHO HAVE, TO THOSE WHO NEED. 0 0 325754 35619 DONATIONS WERE RECEIVED FROM 766 INDIVIDUALS/GROUPS/ORGANIZATIONS. DONATIONS WERE VALUED BASED ON CONSIGNMENT STORE PRICING. WE HELPED 788 CLIENTS. 325754 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X KEN KANDIGIAN 9086544885 24 COMMERCE STREET SPRINGFIELD NJ 07081 X KEN KANDIGIAN TREASURER 10.00 X X 0 0 0 DAWSON YEOMANS PRESIDENT 40.00 X X 0 0 0 BEN BRYAN TRUSTEE 5.00 X 0 0 0 0 0 0 0 0 0 0 0 320521 220813 320521 THIRD PARTY CONSIGNMEN 900099 35619 35619 35619 1074 1074 56730 49794 6936 6936 6936 364150 35619 0 8010 12450 12450 886 886 2229 2229 86367 86367 5118 5118 ITEMS PROVIDED TO CLIEN 221460 221460 DISPOSAL FEES 7057 7057 TELECOMMUNICATIONS 4015 4015 SUPPLIES 2673 2673 1122 1067 55 343377 325754 17623 0 59502 55421 67626 67994 13132 12485 2604 2614 29763 52445 200021 134163 372648 325122 11529 12529 201896 136413 213425 148942 X 159223 176180 159223 176180 372648 325122 20773 -3816 0 X X 0 1 X 1 0 X 424405 291563 311698 248295 302404 1578365 424405 291563 311698 248295 302404 1578365 1578365 797 926 987 774 1074 4558 3651 432 4083 1587006 86870 0.99460 0.99530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OPERATING LEASE - RIGHT OF USE ASSET 134163 134163 OPERATING LEASE LIABILITY 136413 136413 X 360334 -3816 -3816 364150 0 364150 343377 0 343377 0 343377 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES ON INCOME THAT IS RELATED TO ITS TAX-EXEMPT PURPOSES PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES, INCLUDING A REVIEW OF ITS NONPROFIT STATUS, WHICH MANAGEMENT BELIEVES WOULD BE UPHELD UPON EXAMINATION. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH THE UNITED STATES FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE OF NEW JERSEY. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR FEDERAL AND FOR NEW JERSEY. X 220813 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 IS PREPARED AND HAS BEEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR, IT IS PROVIDED TO THE BOARD OF TRUSTEES OF THE ORGANIZATION'S GOVERNING BODY IN SUFFICIENT TIME FOR REVIEW AND APPROVAL PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. IN ADDITION, WHENEVER A LARGE PURCHASE OR OTHER TRANSACTION FOR SERVICES ARE PROVIDED THEY ARE REVIEWED FOR APPROVAL. THE TRUSTEES ARE REQUIRED TO MAKE FULL DISCLOSURE OF ANY INTEREST THEY, THEIR FAMILY, OR ORGANIZATION MAY HAVE. THE BOARD THEN DECIDES IF INVOLVEMENT WOULD CONSTITUTE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 FURNITURE ASSIST, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE AT 24 COMMERCE STREET, SPRINGFIELD, NJ 07081. IN ADDITION, THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE AT 24 COMMERCE STREET, SPRINGFIELD, NJ 07081. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.