Marketplace-Handwork Of India is located in Evanston, IL. The organization was established in 1988. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Marketplace-Handwork Of India employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marketplace-Handwork Of India 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 12/2022, Marketplace-Handwork Of India generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OF THE HANDICAPPED WOMEN OF INDIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTED AND SOLD AT WHOLESALE\RETAIL, HANDCRAFTED GOODS IMPORTED FROM INDIA. ITEMS ARE MANUFACTURED BY THE PHYSICALLY DISADVANTAGED; SUPPORTED EDUCATION & REHABILITATION PROJECTS FOR THE HANDICAPPED IN INDIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pushpika Freitas CEO | Officer | 40 | $160,979 |
Lalita Monteiro Exec.operations | Officer | 40 | $143,092 |
Sharon Wallace Secretary | OfficerTrustee | 0.5 | $0 |
Indira Johnson Director | Trustee | 0.5 | $0 |
Dan Feeney Director | Trustee | 0.5 | $0 |
Anne Murdoch Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $27,187 |
All other contributions, gifts, grants, and similar amounts not included above | $12,757 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,944 |
Total Program Service Revenue | $0 |
Investment income | $51,557 |
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 | $2,352,012 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,443,513 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $304,071 |
Compensation of current officers, directors, key employees. | $134,149 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $126,102 |
Pension plan accruals and contributions | $10,873 |
Other employee benefits | $0 |
Payroll taxes | $32,688 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,407 |
Advertising and promotion | $0 |
Office expenses | $2,533 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,570 |
Travel | $801 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $7,723 |
All other expenses | $203,681 |
Total functional expenses | $2,236,572 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $706,807 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,047,723 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,000 |
Total assets | $2,764,530 |
Accounts payable and accrued expenses | $9,705 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,705 |
Net assets without donor restrictions | $2,754,825 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,764,530 |