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Nonprofit · EIN 20-0049351

FURNISHING HOPE INC

Tax-exempt · NEWPORT BEACH, CA 92660

Financials

$703K$892K2023$1.4M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of FURNISHING HOPE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,440,633$1,683,007-$242,374$2,999,442$117,000$2,882,442
December 31, 2023990$702,915$892,280-$189,365$3,332,626$216,512$3,116,114
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,623,082
Program service revenue
$0
Investment income
$0
Net income from sales of inventory
-$187,449
Other revenue
-$182,449

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$160,000
Other salaries and wages
$31,062
Salaries, compensation and benefits (total)
$359,312
Professional fundraising fees
$0
Legal fees
$2,836
Accounting fees
$3,530
Occupancy
$248,425
Travel
$9,573
Depreciation
$10,000
Program services (functional)
$1,626,373
Management and general (functional)
$56,634

Balance sheet and other

Total assets, start of year
$3,332,626
Total assets, end of year
$2,999,442
Total liabilities, end of year
$117,000
Net assets, end of year
$2,882,442
Land, buildings and equipment
$171,005
Net assets without donor restrictions
$2,882,442
Gross receipts
$1,781,400
Employees
1
Volunteers
5
Year formed
2003
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELIZABETH L PHILLIPSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$160,000
CHARLES E BRADLEYCFO
Trustee or director, Officer
1$0
RENEE PEPYS LOWEDIRECTOR
Trustee or director
1$0
LINDA TUGGLEDIRECTOR
Trustee or director
1$0
JOHN VIRTUEDIRECTOR
Trustee or director
10$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ELIZABETH L PHILLIPSEXECUTIVE DIRECTOR
Trustee or director, Officer
40$81,964
CHARLES E BRADLEYCFO
Trustee or director, Officer
1$0
RENEE PEPYS LOWEDIRECTOR
Trustee or director
1$0
LINDA TUGGLEDIRECTOR
Trustee or director
1$0
JOHN VIRTUEDIRECTOR
Trustee or director
40$0

Address and contacts

Address (IRS master file)
3857 BIRCH STREET 503, NEWPORT BEACH, CA 92660-2616
In care of
% ELIZABETH PHILLIPS
Principal officer (990 for 2024)
ELIZABETH L PHILLIPS, 1181 N BLUE GUM ST, ANAHEIM, CA 92806
Signed the 990
ELIZABETH L PHILLIPS, EXECUTIVE DIR.
Phone
(949) 630-8240
Return prepared by
CLIFTONLARSONALLEN LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 20-0049351 or by the name FURNISHING HOPE INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

FURNISHING HOMES FOR FAMILIES IN CRISIS, IN COORDINATION WITH MILITARY SERVICE MEMBERS, VETERANS AND VARIOUS OTHER ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • FURNISHING HOPE IS MAKING A TREMENDOUS DIFFERENCE IN THE COMMUNITIES WE SERVE. CLIENTS & SERVICE MEMBERS ARE REFERRED BY LOCAL SHELTERS AND THE MILITARY. DONATED FURNISHINGS ARE GATHERED FROM LOCAL MANUFACTURERS AND DISTRIBUTORS. FURNISHING HOPE ORGANIZES AND DELIVERS THIS MUCH NEEDED FURNITURE AND SUPPLIES DIRECTLY TO THE HOMES OF FAMILIES IN NEED.FURNISHING HOPE HAS REACHED A MILESTONE OF FURNISHING OVER 1000 HOMES AND DONATING MORE THAN 2500 BEDS TO FAMILIES IN NEED. FURNISHING HOPE IS HELPING FAMILIES AS THEY BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITY HELPING TO STOP THE CYCLE OF HOMELESSNESS, ONE FAMILY AT A TIME.
    Expenses $1,626,373

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-0049351
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$2,999,442
Income (IRS master file)
$1,781,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,440,633$1,683,007$2,999,442XML
990December 2023$702,915$892,280$3,332,626XML
990December 2022$870,334$871,658$3,342,714IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0049351).

Questions about FURNISHING HOPE INC

What is the EIN of FURNISHING HOPE INC?
The employer identification number (EIN) of FURNISHING HOPE INC is 20-0049351.
Is FURNISHING HOPE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to FURNISHING HOPE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FURNISHING HOPE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FURNISHING HOPE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FURNISHING HOPE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FURNISHING HOPE INC?
The 990 for the year ended December 31, 2024 names ELIZABETH L PHILLIPS.
Who are the officers and directors of FURNISHING HOPE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $160,000 (ELIZABETH L PHILLIPS, EXECUTIVE DIRECTOR).
How much revenue does FURNISHING HOPE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,440,633, expenses of $1,683,007 and total assets of $2,999,442 at year end.

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