Totals
- Total revenue
- $1,301,150
- Total expenses
- $1,438,648
- Contributions and grants received
- $1,039,890
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $261,260
- Total assets, end of year
- $260,680
- Total liabilities, end of year
- $595,253
- Net assets or fund balances, end of year
- -$334,573
- Program services expenses (Part IX)
- $1,020,283
- Management and general expenses
- $379,578
- Fundraising expenses
- $38,787
- Program service expenses (Part III)
- $1,020,283
Program services were 70.9% 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
$1,039,890
-
1g · Noncash contributions included above
$1,230
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,000
-
8b · Fundraising events: direct expenses
$2,655
-
8c · Net income from fundraising events
total -$1,655
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$447,456
-
10b · Cost of goods sold
$188,195
-
10c · Net income from sales of inventory
total $259,261 · related or exempt $259,261
-
11a · Other revenue: Miscellaneous
total $3,654 · related or exempt $3,654
-
11e · Other revenue, total
$3,654
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $607,870 · program services $425,687 · management and general $158,214 · fundraising $23,969
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $68,684 · program services $38,712 · management and general $29,398 · fundraising $574
-
10 · Payroll taxes
total $45,605 · program services $32,748 · management and general $10,811 · fundraising $2,046
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $269,911 · program services $197,959 · management and general $69,352 · fundraising $2,600
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $40,883 · program services $14,073 · management and general $26,810
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $130,714 · program services $104,921 · management and general $25,793
-
17 · Travel
total $3,024 · program services $1,584 · management and general $1,301 · fundraising $139
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $13,079 · management and general $13,079
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $8,356 · program services $7,102 · management and general $1,254
-
23 · Insurance
total $17,564 · program services $2,500 · management and general $15,064
-
24a · Other expenses: Shipping
total $94,661 · program services $85,246 · management and general $9,376 · fundraising $39
-
24b · Other expenses: Licenses & Fees
total $43,689 · program services $17,364 · management and general $17,934 · fundraising $8,391
-
24c · Other expenses: MARKETING
total $29,441 · program services $29,441
-
24d · Other expenses: Commissions
total $26,983 · program services $26,983
-
24e · All other expenses
total $38,184 · program services $35,963 · management and general $1,192 · fundraising $1,029
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $42,854 · end of year $36,185
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $55,164 · end of year $48,069
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $108,494 · end of year $121,215
-
9 · Prepaid expenses and deferred charges
beginning of year $23,331 · end of year $29,164
-
10a · Land, buildings and equipment: cost or other basis
$65,219
-
10b · Land, buildings and equipment: accumulated depreciation
$60,620
-
10c · Land, buildings and equipment, net
beginning of year $8,209 · end of year $4,599
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $82,997 · end of year $17,186
-
15 · Other assets
beginning of year -$12,093 · end of year $4,262
-
17 · Accounts payable and accrued expenses
beginning of year $146,559 · end of year $156,789
-
19 · Deferred revenue
beginning of year $15,488 · end of year $13,264
-
23 · Secured mortgages and notes payable
beginning of year $200,000 · end of year $300,000
-
24 · Unsecured notes and loans payable
beginning of year $34,373 · end of year $112,141
-
25 · Other liabilities
beginning of year $109,611 · end of year $13,059
-
27 · Net assets without donor restrictions
beginning of year -$197,075 · end of year -$334,573
Mission and programs · 2023
Mission
Creating business for social enterprises with work force development programs that support and expand job opportunities for people with significant barriers to fairwage employment.
-
The Organization expands markets for global social enterprise partners, and introduces their goods to new channels of distribution. By taking inventory and infusing these organizations with immediate capital, they can provide fair and sustainable wages, valuable services like healthcare, clean water, education, housing, and more for their artisans and crafters, leading to economic independence.
Expenses $1,020,283
As filed on the 2023 return.
Listed in Part VII
-
Helen ArkesHELEN ARKES
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Michael ArkesMICHAEL ARKES
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Lauri AlperLAURI ALPER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jean PoggeJEAN POGGE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Luis GutierrezLUIS GUTIERREZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kemper PowellKEMPER POWELL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maija RenkoMAIJA RENKO
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 19 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402329349300810
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