Mustard Seed Furniture of Fort Wayne Inc

Nonprofit profile at a glance

EIN
352149283
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Fort Wayne, IN, USA
Phone
2604715802
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$595,770
Expenses
$657,174
Assets
$1,399,197
Liabilities
$10,113

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

14 people listed

Highest reported compensation

  • SARAH LANCE (FORMER ED): $81,546 total reported compensation
  • COLLEEN CONNELL (EXECUTIVE DI): $5,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide household furnishings to families and individuals as they rebuild their lives after suffering disaster, personal tragedy or other misfortunes.

What it reported doing in 2025

Since 2002, the mustard seed furniture bank of fort wayne has been providing household furniture, linens, and kitchenware to families and individuals as they rebuild their lives after suffering disaster, personal tragedy or other misfortunes. Donated items that meet the mission and have life to share are provided by businesses, organizations and individuals. In 2025, donations came from over 1,486 donor sources. Volunteers and staff pick up, sort and display the items in our warehouse. Clients are referred in to the agency through a collaboration with local non-profit organizations, social service agencies, churches and schools. Our agency provided direct services to 445 households in our local service area, touching the lives of 609 adults and 780 children. Depending on the client's referral and our stock, they can receive large items (sofa, bed, living room chairs, end/coffee tables, kitchen table and chairs, dresser, etc.) as well as bed and kitchen linens and kitchenware. Home decor items along with cook books and children's books now remain the back area of the warehouse for clients to choose when loading up their various items to make their house a home. The beds4kids program allows children, ages 217, who need beds, to obtain everything needed for a night of sleep in their own clean and comfortable bed that includes a new mattress, platform bed frame, and gently-used or new blanket and sheets. In 2025, we provided completed bed packages to 780 children. Allowing the mission to continue as the mustard seed "furnishes help to rebuild lives."

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $13.84 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.3%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 13.2%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 3.9% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 3.6% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 84.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $553K in reported program spending
  • Leadership: top reported pay $82K · 14 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
  • High — Sustainability: Operating margin scored 13/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 29/100.