Ten Thousand Villages Baltimore Inc
- Assets
- $197.1k
- Revenue
- $134.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Baltimore, MD
- Founding
- 11/1996
- Data as of
- 01/2024
- EIN
- 52-1992614
Organization Overview
Ten Thousand Villages Baltimore Inc is located in Baltimore, MD. The organization was established in 1996. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 01/2024, Ten Thousand Villages Baltimore Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ten Thousand Villages Baltimore 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 01/2024, Ten Thousand Villages Baltimore Inc generated $134.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $159.5k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 5 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRAFT SALES FROM THE BALTIMORE STORE HELP TO PROVIDE FAIR INCOME TO SUPPORT DISADVANTAGED ARTISANS WITH A LIVELIHOOD THAT WOULD OTHERWISE NOT BE AVAILABLE TO THEM. STORE SALES ALSO PROMOTE GLOBAL AWARENESS AND RESPONSIBILITY THROUGH SHARING ARTISAN'S NEEDS, STORIES AND CULTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Reynolds Director | Trustee | 2 | $0 |
Susan Clemens Director | Trustee | 4 | $0 |
Anita Zimmerman Chair Person | Officer | 10 | $0 |
Joseph Sustento Treasurer | Officer | 4 | $0 |
Kathleen Kelly Secretary | Officer | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $3,223 |
| 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 | $131,497 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,720 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,711 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $175 |
| Office expenses | $2,718 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,940 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,265 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,869 |
| All other expenses | $0 |
| Total functional expenses | $159,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,295 |
| Savings and temporary cash investments | $75,095 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,945 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $106,831 |
| Prepaid expenses and deferred charges | $4,973 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,139 |
| Accounts payable and accrued expenses | $115,676 |
| 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 | $18,540 |
| Total liabilities | $134,216 |
| Net assets without donor restrictions | $0 |
| 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 | $29,852 |
| Retained earnings, endowment, accumulated income, or other funds | $33,071 |
| Total liabilities and net assets/fund balances | $197,139 |