Goodweave International is located in Washington, DC. The organization was established in 1998. According to its NTEE Classification (Q70) the organization is classified as: International Human Rights, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Goodweave International employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodweave International 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 12/2023, Goodweave International generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GOODWEAVE WORKS TO STOP CHILD LABOR IN GLOBAL SUPPLY CHAINS. PERMANENTLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWEAVE IS DISRUPTING THE CYCLE OF CHILD LABOR, SLAVERY, ILLITERACY, POVERTY, AND CLIMATE CHANGE THROUGH THE FOLLOWING INTERRELATED STRATEGIES:HARNESS MARKET FORCES: FROM THE GARMENT FACTORIES OF BANGLADESH TO THE ARTISANAL COBALT MINES OF THE DEMOCRATIC REPUBLIC OF THE CONGO, THERE ARE 160 MILLION CHILD LABORERS TODAY. GOODWEAVE EMPLOYS A MARKET-DRIVEN MODEL TO END CHILD LABOR.SEE SCHEDULE O FOR CONTINUATION
OTHER PROGRAMS:IMPROVE CONDITIONS FOR ALL WORKERS AND PROMOTE BEST PRACTICE:ADDRESSING CHILD LABOR EFFECTIVELY REQUIRES MORE THAN SIMPLY PROHIBITING THE PRACTICE AS A MATTER OF LAW, POLICY, OR STANDARD. ONE IMPORTANT PART OF THE EQUATION IS ENSURING THAT ADULT WORKERS ARE BETTER COMPENSATED AND BETTER TREATED WITHIN THEIR WORKPLACES. GOODWEAVE SEEKS TO IMPROVE CONDITIONS FOR WORKERS, AND IN 2023, EXTENDED RIGHTS AND A RANGE OF OTHER SERVICES - SUCH AS HEALTH AND FINANCIAL LITERACY THROUGH ITS PROGRAMMING IN SUPPLY CHAINS - TO 117,817 WORKERS.THE ORGANIZATION ALSO CONDUCTS ADVOCACY, PROMOTES BEST PRACTICES, AND BUILDS CAPACITY WITHIN OTHER ORGANIZATIONS BASED ON OUR MODEL. ADDITIONALLY, WE CONDUCT RESEARCH AND SERVE AS A THOUGHT LEADER TO HELP INFORM AND EDUCATE COMPANIES, GOVERNMENTS, AND OTHER SUPPLY CHAIN ACTORS ABOUT HOW TO ADDRESS CHILD LABOR AND ITS ROOT CAUSES EFFECTIVELY.IN 2023, GOODWEAVE CONTINUED TO PARTICIPATE IN NUMEROUS HIGH-LEVEL EVENTS AND ADVOCACY PLATFORMS TO PROMOTE THE IMPORTANCE OF ENDING CHILD LABOR AND MODERN SLAVERY THROUGH DEEP DUE DILIGENCE PRACTICES THAT INCLUDE FULL SUPPLY CHAIN MAPPING, APPLICATION OF STRONG HUMAN RIGHTS STANDARDS, ENSURING REMEDY TO RIGHTS HOLDERS, AND ADDRESSING ROOT CAUSES. THESE INCLUDED SPEAKING ROLES OR SIDE EVENTS AT CONFERENCES SUCH AS THE UNITED NATIONS BUSINESS AND HUMAN RIGHTS FORUM IN GENEVA.IN 2023, GOODWEAVE ALSO MADE PROGRESS ON A FOUR-YEAR PROJECT FUNDED BY FBK ENTITLED "CHILD LABOR IN SUBCONTRACTED READY-MADE GARMENT SUPPLY CHAINS IN BANGLADESH: FROM IMPACT ASSESSMENT TO HOLISTIC DUE DILIGENCE." PARTNERING WITH APPAREL BRANDS C&A AND DELTA GALIL, AS WELL AS THE BANGLADESH LABOR FOUNDATION, THE GOAL IS TO RESEARCH THE PRESENCE, RISK, AND ROOT CAUSES OF CHILD LABOR IN SUBCONTRACTED READY-MADE-GARMENT (RMG) SUPPLY CHAINS IN BANGLADESH. IN 2023, GOODWEAVE CONCLUDED ITS LONG-STANDING COLLABORATION WITH HUMANITY UNITED AND GLOBAL FAIRNESS INITIATIVE ON THE BETTER BRICK NEPAL (BBN) PROGRAM, TRANSFERRING OUR METHODOLOGIES TO THE BRICK-MAKING SECTOR IN NEPAL WHERE THE RATE OF FORCED AND CHILD LABOR IS STAGGERING. GOODWEAVE ACHIEVED SIGNIFICANT PROGRESS ESTABLISHING SUSTAINABLE STRUCTURES AND BUILDING THE CAPACITY OF KEY STAKEHOLDERS TO ENSURE THAT GOOD LABOR PRACTICES ARE DEMONSTRATED AND SPREAD THROUGHOUT THE BRICK INDUSTRY, AND THAT THE POSITIVE IMPACTS OF THE PROGRAM CONTINUE BEYOND THE CLOSE OF THE PROJECT.
ESTABLISH TRANSPARENT AND CLEAN SUPPLY CHAINS:INSPECTION, MONITORING AND CERTIFICATION:GOODWEAVE CERTIFICATION OFFERS THE BEST ASSURANCE THAT RUG, HOME TEXTILE, AND APPAREL AND FASHION JEWELRY PRODUCTS ARE MADE WITHOUT THE USE OF CHILD LABOR. GOODWEAVE'S INSPECTION SYSTEM IS THE ONLY ONE THAT REACHES ALL LEVELS OF THE SUPPLY CHAIN IN INFORMAL MANUFACTURING. IN 2023, GOODWEAVE'S NATIONAL INSPECTION TEAMS IN SOUTH ASIA REACHED 117,817 WORKERS THROUGH MONITORING VISITS TO FACILITIES, WHICH ALSO RESULTED IN MORE THAN 2.64 MILLION RUGS AND HOME TEXTILES CERTIFIED AS CHILD-LABOR-FREE.SEE SCHEDULE O FOR CONTINUATION
CREATE EDUCATIONAL OPPORTUNITIES FOR CHILDREN: IN 2023, GOODWEAVE DIRECTLY PROVIDED ACCESS TO EDUCATION FOR 52,684 CHILDREN GOODWEAVE TEAMS IN INDIA AND NEPAL HAVE CONTINUED TO INNOVATE PROGRAM DESIGN, INTRODUCING EDUCATION PROGRAMS RANGING FROM DAYCARE AND EARLY CHILDHOOD EDUCATION PROGRAMS IN NEPAL TO ESTABLISHING ENTIRE CHILD-FRIENDLY COMMUNITIES (OR CFCS) IN DOZENS OF INFORMAL WORKER COMMUNITIES ACROSS NORTHERN INDIA. WHILE THE IMPLEMENTATION MODEL, SCOPE, AND SCALE FROM COMMUNITY TO COMMUNITY VARIES, THE STRATEGY BEHIND CFCS REMAINS THE SAME. SEE SCHEDULE O FOR CONTINUATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Millard Chair | OfficerTrustee | 1 | $0 |
Marc Triaureau Treasurer | OfficerTrustee | 1 | $0 |
Michelle Cross Fenty Secretary | OfficerTrustee | 1 | $0 |
Siddharth Kara Director | Trustee | 1 | $0 |
Regatte Venkat Reddy Director | Trustee | 1 | $0 |
Alissandra Aronow Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Chainpoint Bv Data Platform Development | 12/30/18 | $138,714 |
Safeguard World International Ltd Uk Consultant Dedicated To Gw | 12/30/18 | $102,744 |
Statement of Revenue | |
---|---|
Federated campaigns | $26,758 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $409,355 |
All other contributions, gifts, grants, and similar amounts not included above | $418,086 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $854,199 |
Total Program Service Revenue | $840,325 |
Investment income | $4,435 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $8,021 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,720,086 |
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 | $433,814 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $378,290 |
Compensation of current officers, directors, key employees. | $61,902 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $948,562 |
Pension plan accruals and contributions | $15,940 |
Other employee benefits | $74,486 |
Payroll taxes | $103,677 |
Fees for services: Management | $0 |
Fees for services: Legal | $29,458 |
Fees for services: Accounting | $94,514 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $270 |
Fees for services: Other | $438,640 |
Advertising and promotion | $42,210 |
Office expenses | $89,238 |
Information technology | $3,784 |
Royalties | $0 |
Occupancy | $67,592 |
Travel | $71,289 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,722 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $43,835 |
Insurance | $6,927 |
All other expenses | $0 |
Total functional expenses | $3,367,528 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $280,347 |
Savings and temporary cash investments | $27,432 |
Pledges and grants receivable | $456,627 |
Accounts receivable, net | $482,949 |
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 | $23,527 |
Net Land, buildings, and equipment | $6,963 |
Investments—publicly traded securities | $281,459 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,379,116 |
Other assets | $11,112 |
Total assets | $2,949,532 |
Accounts payable and accrued expenses | $153,701 |
Grants payable | $170,338 |
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 | $81,849 |
Total liabilities | $405,888 |
Net assets without donor restrictions | $1,916,855 |
Net assets with donor restrictions | $626,789 |
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 | $2,949,532 |