Totals
- Total revenue
- $567,330
- Total expenses
- $295,528
- Contributions and grants received
- $560,190
- Grants paid
- $0
- Program service revenue
- $4,764
- Investment income
- $2,376
- Other revenue
- $0
- Total assets, end of year
- $316,168
- Total liabilities, end of year
- $282,273
- Net assets or fund balances, end of year
- $33,895
- Program services expenses (Part IX)
- $286,932
- Management and general expenses
- $5,607
- Fundraising expenses
- $2,989
- Program service expenses (Part III)
- $286,932
Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$560,190
-
2a · Program service revenue: PROGRAM SERVICE REVENUE
total $4,764 · related or exempt $4,764
-
3 · Investment income
total $2,376 · related or exempt $2,376
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $3,139 · program services $3,139
-
11g · Fees: other
total $261,962 · program services $261,962
-
13 · Office expenses
total $647 · management and general $475 · fundraising $172
-
14 · Information technology
total $21,374 · program services $19,175 · management and general $709 · fundraising $1,490
-
16 · Occupancy
total $699 · management and general $699
-
17 · Travel
total $3,484 · program services $2,342 · fundraising $1,142
-
20 · Interest
total $3,000 · management and general $3,000
-
24a · Other expenses: BANK AND MERCHANT FEES
total $1,042 · program services $314 · management and general $639 · fundraising $89
-
24b · Other expenses: CHARITABLE DONATIONS
total $96 · fundraising $96
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $65 · management and general $65
-
24d · Other expenses: TAXES & LICENSES
total $20 · management and general $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $40,950 · end of year $13,792
-
2 · Savings and temporary cash investments
end of year $302,376
-
17 · Accounts payable and accrued expenses
beginning of year $2,570 · end of year $11,995
-
22 · Loans and payables to officers and key people
beginning of year $275,524 · end of year $264,583
-
25 · Other liabilities
beginning of year $763 · end of year $5,695
-
27 · Net assets without donor restrictions
beginning of year -$237,907 · end of year $33,895
Mission and programs · 2022
Mission
THE PURPOSE OF GOOD MARKET IS TO CATALYZE THE TRANSITION TO A 21ST CENTURY ECONOMY THAT IS GOOD FOR PEOPLE AND GOOD FOR THE PLANET. GOOD MARKET IS A CURATED PLATFORM FOR SOCIAL ENTERPRISES THAT MEET MINIMUM SECTOR STANDARDS, OPERATE IN A WAY THAT CONSIDERS HEALTH, SOCIAL IMPACT, AND ENVIRONMENTAL RESPONSIBILITY AND PRIORITIZE PEOPLE AND PLANET OVER SHORT-TERM PROFIT MAXIMIZATION. THE ONLINE PLATFORM MAKES IT EASIER FOR PARTICIPANTS IN THE NEW ECONOMY TO FIND AND CONNECT WITH EACH OTHER ACROSS ECONOMIC SECTORS, INCOME LEVEL, LANGUAGE BARRIERS, AND REGIONAL DIVIDES. THE ONLINE PLATFORM SERVES AS AN ENABLING INFRASTRUCTURE TO SUPPORT THIS COMMUNITY.
-
COMMUNITY CURATION: IN 2022, 586 SOCIAL ENTERPRISES, RESPONSIBLE BUSINESSES, COOPERATIVES, NONPROFITS, AND VOLUNTARY INITIATIVES BECAME GOOD MARKET APPROVED. AS OF DECEMBER 31, 2022, THERE WERE 2,603 ENTERPRISES ACROSS 91 COUNTRIES ON THE GOOD MARKET PLATFORM, THE ONLINE FORM WAS AVAILABLE IN 7 LANGUAGES, AND THOUSANDS OF LISTINGS WERE ADDED TO THE COMMUNITY MARKETPLACE. THE PLATFORM INCLUDED ENTERPRISES ACROSS ALL SECTORS, BUT THE MOST POPULAR WERE REGENERATIVE AGRICULTURE, NATURAL FOOD AND BODY CARE, FAIR TRADE CLOTHING AND HOUSEWARES, AND RESPONSIBLE TRAVEL. EACH ENTERPRISE HAS A DIFFERENT SOCIAL OR ENVIRONMENTAL PURPOSE.
Expenses $3,657
-
ENABLING INFRASTRUCTURE: DURING 2022, THE SOFTWARE TEAM LAUNCHED THE MARKETPLACE COMMONS, NETWORK MANAGEMENT AND CURATION AS A SERVICE. THE TEAM ALSO COMPLETED THE REBUILD TO GIVE PLATFORMS PROGRESSIVE WEB APP (PWA) FUNCTIONALITY. THE FOCUS OF THESE DEVELOPMENTS IS TO STRENGTHEN NETWORKS IN VARIOUS LOCATIONS BY PROVIDING TOOLS TO ENHANCE THE VISIBILITY OF THE MEMBERS WITHIN THE NETWORKS AND TO MAKE IT EASIER TO EXCHANGE AND COLLABORATE BETWEEN NETWORKS.
Expenses $283,275 · Revenue $4,764
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steven Brent FranconeSTEVEN BRENT FRANCONE
FINANCE DIRE
- Total calculated
- $0
- Hours/week
- 50
-
Dr Amanda KiesselDR AMANDA KIESSEL
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 50
-
Kurt MaesKURT MAES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Bergen Jeremy MooreBERGEN JEREMY MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Suzanne La PierreSUZANNE LA PIERRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Achala SamaradivakaraACHALA SAMARADIVAKARA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323109349301597
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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