Mercado Global Inc

Organization Overview

Mercado Global Inc is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercado Global Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mercado Global Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FAIR WAGE EMPLOYMENT TO LOCAL WOMEN AND FUNDING OF EDUCATIONAL PROJECTS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ECONOMIC EMPOWERMENT PROGRAMOUR ECONOMIC EMPOWERMENT PROGRAM PROVIDES FAIR WAGE EMPLOYMENT TO OVER 300 INDIGENOUS WOMEN IN GUATEMALA BY CONNECTING THEIR ARTISAN COOPERATIVES WITH SALES OPPORTUNITIES AT MAJOR U. S. COMPANIES. WE EDUCATE WOMEN ARTISANS ON RUNNING COMMUNITY BUSINESSES INCLUDING FAIR TRADE WAGES AND RULES, FILING TAXES, CALCULATING COSTS, AND OPENING BANK ACCOUNTS. WE THEN SET UP SALES ORDERS WITH MAJOR INTERNATIONAL RETAILERS SO THE ARTISANS CAN IMMEDIATELY BEGIN EARNING AN INCOME. ADDITIONALLY, WE PROVIDE TOOLS SUCH AS FLOOR LOOMS AND SEWING MACHINES THROUGH DONOR-FUNDED MICROLOANS, AND TEACH WOMEN HOW TO USE THESE ADVANCED TOOLS IN TECHNICAL TRAINING SESSIONS.


DESIGN A DIFFERENCE PROGRAMAS PIONEERS IN THE SUSTAINABLE-SOURCING MOVEMENT WITHIN THE FASHION INDUSTRY, WE EDUCATE LEADING U.S.-BASED DESIGNERS ABOUT RESPONSIBLE SOURCING THROUGH OUR DESIGN A DIFFERENCE PROGRAM. DESIGNERS FROM MAJOR U.S. FASHION HOUSES COME TO OUR GUATEMALAN OFFICE TO WORK ALONGSIDE OUR ARTISANS AND LEARN ABOUT THE IMPACT THAT SUSTAINABLE PRODUCTION HAS IN THESE COMMUNITIES. IN TURN, THE DESIGNERS EXTEND THEIR EXPERTISE IN PRODUCT DESIGN AND DEVELOPMENT DIRECTLY TO OUR ARTISANS. UPON RETURNING TO THE U.S., THESE DESIGNERS ARE THEN ABLE TO SHARE THEIR KNOWLEDGE AND ADOPT SUSTAINABLE PRACTICES WITHIN THEIR COMPANIES. IN THIS WAY WE ARE REACHING THE PEOPLE AND INSTITUTIONS ON THE CUTTING EDGE OF INDUSTRY WITH FIRST-HAND EXPERIENCE EMPOWERING COMMUNITIES THROUGH RESPONSIBLE SOURCING.


WOMEN'S LEADERSHIP & WELL BEING EMPOWERMENT PROGRAMIN CONJUNCTION WITH OUR ECONOMIC EMPOWERMENT PROGRAM, OUR COMMUNITY-BASED TRAINING PROGRAM BUILDS LEADERSHIP SKILLS, GOAL-SETTING, SELF-ESTEEM, AND CONFLICT RESOLUTION SKILLS AMONG PARTNER ARTISANS. AN IN-HOUSE TRAINING COORDINATOR HOLDS RECURRING CLASSES ON THESE SUBJECTS AND MAKES TOPICS ACCESSIBLE FOR WOMEN WITH VERY LOW LITERACY LEVELS WHO ARE LEARNING TO NAVIGATE BUSINESS-OWNERSHIP FOR THE FIRST TIME.


COMMUNITY PARTNERSHIP PROGRAMWE SEEK TO BUILD MUTUAL UNDERSTANDING AND FACILITATE CULTURAL EXCHANGE BETWEEN ARTISAN COMMUNITIES IN GUATEMALA AND OUR SUPPORTER COMMUNITIES IN THE UNITED STATES. THROUGH THE COMMUNITY PARTNERSHIP PROGRAM, INDIVIDUALS FROM THE U.S. VISIT COMMUNITIES IN GUATEMALA TO SEE THE IMPACT OF THEIR SUPPORT. LIKEWISE, OUR CURRENT AND PAST STAFF, VOLUNTEERS AND SUPPORTERS ACT AS FAIR TRADE AMBASSADORS WITHIN THEIR COMMUNITIES IN THE U.S. THROUGH SPEAKING ENGAGEMENTS, COMMUNITY EVENTS AND OTHER AWARENESS-RAISING FUNCTIONS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Mark Swedlund
Board Of Directors
$0
Maria Geenen
Board Of Directors
$0
Megan Taylor Collins
Board Of Directors
$0
Marta Bezoari
Board Of Directors
$0
Karae Lisle
Board Chair
$0
Melody Hart
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$838,895
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$838,895
Total Program Service Revenue$400,158
Investment income $1,374
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,240,427

Peer Organizations

Organization NameAssets
Trustees Of Robert College Of Istanbul
New York, NY
$18,503,033
Brac Usa Inc
New York, NY
$15,402,619
Global Hunger Project
New York, NY
$21,533,860
Near East Foundation
Syracuse, NY
$15,526,282
International Schools Services Inc
Princeton, NJ
$13,743,105
Istanbul International Community School Inc
Princeton, NJ
$13,833,561
Food Export Usa Northeast Corp
Philadelphia, PA
$13,422,838
Himalayan Cataract Project Inc
Waterbury, VT
$31,601,549
African Fertilizer And Agribusiness Partnership
Newark, NJ
$10,975,977
British Schools And Universities Foundation Inc
New York, NY
$12,022,719
World Health Clinicians Incorporated
Norwalk, CT
$12,086,937
Amref Health Africa Inc
New York, NY
$12,302,390
Empower-Emerging Markets Foundation
New York, NY
$9,319,505
Haitian Health Foundation Inc
Norwich, CT
$10,512,214
Amit Children Inc
New York, NY
$21,110,673
Busara Center For Behavioral Economics Inc
Princeton, NJ
$10,244,235
Healthright International Inc
New York, NY
$9,236,864
Sofia American Schools Inc
New York, NY
$9,243,375
Hope For A Healthier Humanity Foundation Inc
Staten Island, NY
$8,360,428
Synergos Institute Inc
New York, NY
$5,743,927
Precision Development Inc
Newton, MA
$4,130,334
Womens International Zionist Organization
New York, NY
$9,193,569
Pivotworks Inc
Randolph, MA
$6,497,303
Worldserve International
Erie, PA
$10,404,954
Access Health International Inc
Ridgefield, CT
$7,752,820

Create an account to unlock the data you need.

or