2024-11-13T11:18:30-07:00 2023-12-31 990 2023-01-01 201207001 BRIDGING AZ FURNITURE BANK BRID 4803755454 8421 E McDonald Drive Scottsdale AZ 85250 James Piscopo Executive Director 4803755454 2024-11-12 1 2023 2024-10-15 13:58:12Z X Jim Piscopo 8421 E McDonald Drive Scottsdale AZ 85250 260225 0 X www.bridgingaz.org X 2004 AZ Mission Statement: Empowering People and Bridging Lives Toward Self Sufficiency. Bridging AZ is the first and largest Furniture Bank in Arizona we provide basic furniture and household goods to economically disadvantaged veterans, individuals with disabilities living in our community. Vision Statement: A Community of Realized Potential and Personal Dignity. 5 5 3 10 0 0 411567 120522 77705 137553 0 0 -6908 2150 482364 260225 78509 103017 0 0 142590 79868 0 0 0 252004 148436 473103 331321 9261 -71096 182844 106165 170331 164748 12513 -58583 X Bridging AZ Furniture Bank is a unique service concept: Bridging AZ qualifies Social Service Agencies, and their caseworkers qualify the client who receives the furniture. Bridging AZ is Arizona's first and only furniture bank. In the past 20 years Bridging AZ has distributed over 320,000 items to families in need throughout Arizona, supporting over 200 social service agencies. Currently; Bridging AZ supports agencies who offer "Permanent Supportive Housing" to chronically homeless veterans and those who have disabilities both physically and/or mental. Bridging delivers furniture to 4-8 apartments per week. Each veteran receives an apartment of basic furniture, new cookware, linens and household items as well as a new bed and bed frame. 0 1 325338 103017 137553 Bridging Furniture Bank was founded in 2004. The Furniture Bank collects donated furniture and household items to distribute through social service agencies for their clients. All clients receiving furniture or household goods are identified, qualified and further supported by the referring agency. Bridging qualifies the Agency and the agencies case managers qualify the families. The Furniture Bank is a welcoming atmosphere where case managers from social service agencies can select items they need for their clients to start rebuilding their lives. In 2023 Bridging AZ delivered furniture to over 300 people including setting up 198 apartments for chronically homeless Veterans. Note: Expenses include $59,874 cash spent purchasing beds, furniture for clients. Program income is generated through sales of donated product and agency fees. Values of used in-kind goods based comparable sales method. Values of new items supplied by retailers. 0 0 0 325338 1 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 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ X X X Jim Piscopo 4803755454 8421 E McDonald Drive Scottsdale AZ 85250 Jim Piscopo Executive Director 2 0 X X X 0 0 0 Pat Dodds Director 2 0 X 0 0 0 Kim Arries Chair 2 0 X 0 0 0 Jane Gharibian Secretary 2 0 X 0 0 0 Lindsay Estrabrook Treasurer 2 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 120522 36000 120522 Agency Cost Share 624000 137553 137553 0 0 0 0 0 0 137553 0 0 0 0 0 1350 0 1350 1350 0 0 Visa Cash Back rewards 455000 800 800 0 0 0 0 0 0 800 260225 139703 0 0 X 0 0 103017 103017 0 0 0 0 11967 5984 5983 0 0 0 0 0 58000 58000 0 0 0 0 0 0 4331 4331 0 0 5570 5570 0 0 0 0 0 0 0 0 0 0 1557 1557 0 0 0 0 0 0 0 0 0 0 0 0 15148 15148 0 0 3971 3971 0 0 3852 3852 0 0 1184 1184 0 0 0 0 0 0 105278 105278 0 0 9150 9150 0 0 0 0 0 0 562 562 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4726 4726 0 0 Bank charges and credit card processing 2547 2547 0 0 Volunteer expense and food 461 461 0 0 331321 325338 5983 0 8738 8022 0 0 0 0 152680 80160 0 0 0 0 0 0 18126 10983 1300 5000 10349 8349 2000 2000 0 0 0 0 0 0 0 0 0 0 182844 106165 510 2306 0 0 0 0 0 0 0 0 30000 25000 0 0 139821 137442 170331 164748 X 12513 -58583 0 0 12513 -58583 182844 106165 -71096 0 0 0 0 0 X 0 0 0 X 315478 367605 227014 204774 258055 1372926 315478 367605 227014 204774 258055 1372926 1372926 0 0 48193 119729 0 206793 2149 376864 1749790 0 0.78462 0.77530 X Schedule A, Part II, Line 10 $1,349.75 Sales form inventory $799.62 Cash back form Visa RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 10349 0 8349 2000 0 0 0 0 2000 1 In-kind donations of furniture and household items. 300 0 103017 FMV or actual cost Furniture and household items. Schedule I, Part I, Line 2 Bridging does not give cash grants just in-kind donations of furniture and household items. We do keep records on recipients. X 36000 FMV 0 0 1 0 Form 990, Part I, Line 19 Loss due to moving warehouse and operations. Sold retail inventory in 2022 to Got Legs Furniture, received $72,520 in payments in 2023. Form 990, Part III, Line 3 Form 990, Part III, Line 3 - Dec 31st 2022 Bridging AZ separated the resale store "Got Legs" of the organization and sold inventory to Got legs Form 990, Part VI, Section A, Line 2 Key employee Jim Piscopo is married to Donna Piscopo (she receives a stipend of $1,000 per month as agency coordinator). Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - Executive Director fills out 990 and schedules and submits to Board for review before submitting to IRS Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - Conflict of interest policy is signed by Board members, key staff and reviewed annually Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - For Executive Director - salary comparison performed by Board members of for-profit and not-for-profits of like size and type organizations. NOTE: Executive Director is on Social Security and his salary has been reduced by his request. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - Financial records, policies and governing documents are available upon written request. 990's are available by request or financial information is available on Bridging AZ's website as well as on Guidestar Form 990, Part IX, Line 11g $7,708 for social media $7,440 for furniture delivery Received an extension letter