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Nonprofiteer
← FAIR FACTORIES CLEARINGHOUSE INC

Form 990 for tax year 2025

Filed by FAIR FACTORIES CLEARINGHOUSE INC.

Totals

Total revenue
$8,742
Total expenses
$832,488
Contributions and grants received
$0
Grants paid
$686,700
Program service revenue
$0
Investment income
$8,742
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$686,700
Management and general expenses
$145,788
Fundraising expenses
$0
Program service expenses (Part III)
$686,700

Program services were 82.5% 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.

  • 3 · Investment income

    total $8,742 · related or exempt $8,742

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $686,700 · program services $686,700

  • 5 · Compensation of officers, directors and key employees

    total $17,085 · management and general $17,085

  • 11b · Fees: legal

    total $76,092 · management and general $76,092

  • 11c · Fees: accounting

    total $36,338 · management and general $36,338

  • 23 · Insurance

    total $15,230 · management and general $15,230

  • 24a · Other expenses: BANK SERVICE CHARGES

    total $779 · management and general $779

  • 24b · Other expenses: FILING FEES

    total $135 · management and general $135

  • 24c · Other expenses: OFFICE EXPENSE

    total $86 · management and general $86

  • 24d · Other expenses: PAYROLL ADMINISTRATIVE

    total $43 · management and general $43

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $139,510 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $469,288 · end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $214,000 · end of year $0

  • 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

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,271 · end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 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

    end of year $0

  • 15 · Other assets

    end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,323 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $823,746 · end of year $0

Mission and programs · 2025

Mission

OUR MISSION IS TO FACILITATE INFORMED ETHICAL BUSINESS DECISIONS FOR A BETTER AND MORE LIVABLE WORLD. WE BUILD SCALABLE SOFTWARE THAT FACILITATES CONTINUOUS IMPROVEMENTS IN SCOIAL, ENVIRONMENTAL AND SECURITY ISSUES. THIS RESULTS IN SAFER, MORE HUMANE WORKING CONDITIONS FOR WORKERS.

Activities or mission (Part I)

OUR MISSION IS TO FACILITATE INFORMED ETHICAL BUSINESS DECISIONS FOR A BETTER AND MORE LIVABLE WORLD. WE BUILD SCALABLE SOFTWARE THAT FACILITATES CONTINUOUS IMPORVEMENTS IN SOCIAL, ENVIRONMENTAL AND SECURITY ISSUES. THIS RESULTS IN SAFER, MORE HUMANE WORKING CONDITIONS FOR WORKERS.

  • THE ORGANIZATION RECEIVED PERMISSION TO PROCEED WITH DISSOLVEMENT IN Q2 2025 (FROM NEW YORK STATE AG'S OFFICE) AND MADE A FINAL DISBURSEMENT OF ITS REMAINING CASH TO FOUR 501(C)3 ORGANIZATIONS WITH MISSIONS SIMILAR TO THE ORGANIZATION'S OWN. AFTER THOSE DISBURSEMENTS IN Q3 OF 2025, THE ORGANIZATION HAD ZERO ASSETS AND ZERO LIABILITIES REMAINING. THE ORGANIZATION SUBMITTED A FINAL PETITION FOR DISSOLVEMENT IN Q4 2025 WHICH WAS APPROVED IN JANUARY 2026.

    Expenses $686,700 · Grants $686,700

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter Burrows

    ED AND VICE CHAIR OF BOARD

    Total calculated
    $0
    Hours/week
    1

  • Jon Gold

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Marc-Ivar Magnus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Avallon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Katy Lunardelli

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dave Hogan

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Selcuk Buyukozer

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mike Greene

    BOARD TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Mark McDonough

    CFO AND DATA PROTECTION

    Total calculated
    $18,685
    From this org
    $18,685
    From related orgs
    $0
    Other
    $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

  • OPEN SUPPLY HUB INC

    $247,050

    FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

  • SOCIAL ACCOUNTABILITY INTERNATIONAL INC

    $185,150

    FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

  • RESPONSIBLE SOURCING NETWORK

    $127,250

    FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

  • TRANSPARENTEM LTD

    $127,250

    FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

  • OPEN SUPPLY HUB INC

    $247,050

    Liquidation · DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 · Sep 16, 2025 · 3

  • RESPONSIBLE SOURCING NETWORK

    $127,050

    Liquidation · DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 · Sep 16, 2025 · 3

  • SOCIAL ACCOUNTABILITY INTERNATIONAL INC

    $185,150

    Liquidation · DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 · Sep 16, 2025 · 3

  • TRANSPARENTEM LTD

    $127,250

    Liquidation · DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 · Sep 16, 2025 · 3

  • LGA LLP

    $33,800

    Liquidation · TRANSACTION EXPENSE - SERVICES RENDERED IN ASSISTING OF THE CLOSING OF THE BUSINESS · Sep 6, 2025

  • WIGGIN AND DANA LLP

    $76,092

    Liquidation · TRANSACTION EXPENSE - SERVICES RENDERED IN ASSISTING OF THE CLOSING OF THE BUSINESS · Sep 5, 2025

Provenance

Return type
form_990
Tax year
2025
Filed
3 February 2026
IRS schema version
2025v4.0
Source object
202630349349301513

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