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Nonprofit · EIN 46-2512827

FRESH START FURNITURE BANK INC

Tax-exempt · HUDSON, MA 01749

Financials

$628K$628K2023$600K$548K2024
Revenue Expenses · by fiscal year end
Financials of FRESH START FURNITURE BANK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$600,023$548,314$51,709$1,278,619$558,614$720,005
December 31, 2023990$627,843$627,730$113$1,353,307$684,166$669,141
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$569,134
Program service revenue
$0
Investment income
$12,232
Net gain from sales of assets
$1,716
Net income from sales of inventory
$15,658
Other revenue
$18,657

Expenses

Grants and similar amounts paid
$340,449
Other salaries and wages
$4,106
Salaries, compensation and benefits (total)
$4,512
Professional fundraising fees
$1,838
Accounting fees
$16,514
Occupancy
$172,949
Program services (functional)
$525,636
Management and general (functional)
$20,021
Fundraising (functional)
$2,657

Balance sheet and other

Total assets, start of year
$1,353,307
Total assets, end of year
$1,278,619
Total liabilities, end of year
$558,614
Net assets, end of year
$720,005
Net assets without donor restrictions
$714,928
Net assets with donor restrictions
$5,077
Gross receipts
$959,818
Employees
1
Volunteers
122
Year formed
2014
State of legal domicile
MA

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
DAVID SPELLMANCLERK
Trustee or director
12$0
GEOFFREY WILLIAM SCHULTZPRESIDENT
Trustee or director, Officer
40$0
SUSAN ELAINE WAUDBYTREASURER
Trustee or director, Officer
40$0
JENNIFER MANDELBAUMDIRECTOR
Trustee or director
0.25$0
LAURIE WYNNEDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
DAVID SPELLMANDIRECTOR
Trustee or director
20$0
GEOFFREY SCHULTZPRESIDENT
Trustee or director, Officer
50$0
SUSAN WAUDBYTREASURER
Trustee or director, Officer
40$0
JENNIFER MANDELBAUMDIRECTOR
Trustee or director
4$0
LAURIE WYNNEDIRECTOR
Trustee or director
4$0
ROBERT VANEMBURGHCHAIRMAN
Trustee or director, Officer
20$0

Address and contacts

Address (IRS master file)
16 BRENT DR, HUDSON, MA 01749-2904
In care of
% GEOFFREY W SCHULTZ
Mailing address (990-N for 2013)
66 Mechanic St, Marlborough MA 01752
Principal officer (990 for 2024)
GEOFFREY SCHULTZ, 16 BRENT DRIVE, HUDSON, MA 01749
Principal officer (990-N for 2013)
Branch Yules, 342 Lincoln St, Marlborough MA 01752
Signed the 990
GEOFFREY SCHULTZ, PRESIDENT
Phone
(508) 485-2080
Return prepared by
GREENBERG ROSENBLATT KULL & BITSOLIPC

Mission

FRESH START FURNITURE BANK PROVIDES DONATED AND PURCHASED FURNITUREAND HOME GOODS FOR FREE, TO PEOPLE IN NEED.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION FURNISHED 621 FAMILIES (2,072 INDIVIDUALS) WITH OVER 31,760 PIECES OF FURNITURE AND HOME GOODS.
    Expenses $467,659 · grants $282,472
  • THE ORGANIZATION'S SWEET DREAMS MATTRESS PROGRAM DISTRIBUTED A TOTAL OF 864 MATTRESSES, FOUNDATIONS, AND FRAMES TO FAMILIES
    Expenses $57,977 · grants $57,977

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
46-2512827
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P19)
Assets (IRS master file)
$1,278,619
Income (IRS master file)
$959,818

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$600,023$548,314$1,278,619XML
990December 2023$627,843$627,730$1,353,307XML
990December 2022$795,828$618,216$672,996IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2013
Officer: Branch Yules
December 31, 2013≤ $50,000 receipts––e-Postcard

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 46-2512827).

Questions about FRESH START FURNITURE BANK INC

What is the EIN of FRESH START FURNITURE BANK INC?
The employer identification number (EIN) of FRESH START FURNITURE BANK INC is 46-2512827.
Is FRESH START FURNITURE BANK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FRESH START FURNITURE BANK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRESH START FURNITURE BANK 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 FRESH START FURNITURE BANK 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 FRESH START FURNITURE BANK 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 FRESH START FURNITURE BANK INC?
The 990 for the year ended December 31, 2024 names GEOFFREY SCHULTZ.
Who are the officers and directors of FRESH START FURNITURE BANK INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FRESH START FURNITURE BANK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $600,023, expenses of $548,314 and total assets of $1,278,619 at year end.

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