Ten Thousand Village Iowa City

Organization Overview

Ten Thousand Village Iowa City is located in Iowa City, IA. The organization was established in 2014. 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 03/2022, Ten Thousand Village Iowa City employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ten Thousand Village Iowa City 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 03/2022, Ten Thousand Village Iowa City generated $387.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $339.3k during the year ending 03/2022. While expenses have increased by 40.8% 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

THE ORGANIZATION'S MISSION IS TO CREATE OPPORTUNITIES FOR ARTISANS IN DEVELOPING COUNTRIES TO EARN INCOME BY BRINGING THEIR PRODUCTS AND STORIES TO OUR MARKETS THROUGH LONG-TERM FAIR TRADING RELATIONSHIPS. THE ORGANIZATION SELLS MERCHANDISE, SUBSTANTIALLY ALL OF WHICH HAS BEEN HAND- CRAFTED BY PERSONS OF LOW-INCOME, IN ORDER TO PROVIDE INCREASED SELF- EMPLOYMENT AND A BETTER QUALITY OF LIFE FOR LOW-INCOME PERSONS AND THEIR FAMILIES. THE GOAL IS TO RAISE THE PUBLIC'S AWARENESS OF AND CONCERN FOR ECONOMIC JUSTICE FOR THE POOR IN IMPOVERISHED PARTS OF THE WORLD, AND FOR SUSTAINABLE ECONOMIC DEVELOPMENT AND APPROPRIATE TECHNOLOGY WHICH PROTECTS THE ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE YEAR, THE ORGANIZATION PURCHASED FAIR TRADE GOODS FROM ARTISANS IN 30 DEVELOPING COUNTRIES. THERE WERE 25 VOLUNTEERS DONATING 633 HOURS.


HOSTED THE 5TH ANNUAL RUG EVENTS THAT PUT 125525 DIRECTLY INTO THE HANDS OF OUR ARTISANS PARTNERS IN PAKISTAN


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $25,800
All other contributions, gifts, grants, and similar amounts not included above$3,035
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$28,835
Total Program Service Revenue$358,392
Investment income $238
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 $387,465

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