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Nonprofiteer
← GOOD MARKET INC

Form 990-EZ for tax year 2023

Filed by GOOD MARKET INC.

Totals

Total revenue
$194,913
Total expenses
$123,967
Contributions and grants received
$175,213
Grants paid
$0
Program service revenue
$2,199
Membership dues (line 3)
$0
Investment income (line 4)
$17,501
Gain or loss on sale of assets (line 5c)
$0
Gaming and fundraising events, net (line 6d)
$0
Gross profit on inventory sales (line 7c)
$0
Other revenue (line 8)
$0
Total assets, end of year
$364,334
Total liabilities, end of year
$259,493
Net assets or fund balances, end of year
$104,841
Program service expenses (Part III)
$112,406

Program services were 90.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

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 2023, 573 social enterprises, responsible businesses, cooperatives, nonprofits, and voluntary initiatives became Good Market approved. As of December 31, 2023, 3,176 enterprises across 104 countries were approved on the platform, which includes over 120 networks.

    Expenses $23,254 · Grants $1,034

  • Enabling infrastructure. In 2023, the software team expanded functionality for community groups and other networks, rolled out white label directories and community marketplaces, improved verification forms, added translation management features, expanded the site to 21 global languages, and started the transition to a low-cost open-source marketplace framework. These developments enhanced the marketplace commons, curation as a service and network management for the purpose of strengthening the networks and increasing visibility.

    Expenses $89,152 · Grants $171,179

As filed on the 2023 return.

Listed in Part IV

  • Steven Brent Francone

    Finance Director

    Total calculated
    $0
    Hours/week
    50
  • Dr Amanda Kiessel

    Executive Director

    Total calculated
    $0
    Hours/week
    50
  • Achala Samaradviakara

    Director

    Total calculated
    $0
    Hours/week
    3
  • Bergen Jeremy Moore

    Director

    Total calculated
    $0
    Hours/week
    2
  • Suzanne La Pierre

    Director

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
25 October 2024
IRS schema version
2023v5.0
Source object
202403009349200800

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