Little Market Inc

Organization Overview

Little Market Inc, operating under the name Dba The Little Market Foundation, is located in Santa Ana, CA. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Dba The Little Market Foundation employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dba The Little Market Foundation 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 06/2021, Dba The Little Market Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 42.3% each year . All expenses for the organization totaled $4.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A MAIN FOCUS OF THE CHARITY'S CHARITABLE AND EDUCATIONAL ACTIVITIES IS WORKING WITH CO-OPS, COMMUNITY BASED ORGANIZATIONS AND SOCIAL ENTERPRISES COMPRISING WOMEN ARTISANS IN IMPROVISHED COMMUNITIES THROUGHOUT ASIA, AFRICA, AND LATIN AND SOUTH AMERICA. TO SUPPORT THE ECONOMIC INDEPENDENCE AND EMPOWERMENT OF WOMEN AND THE RELIEF OF POVERTY IN THEIR COMMUNITIES, THE CHARITY ARRANGES TO PURCHASE HANDICRAFTS FROM THE ARTISANS CO-OPS, COMMUNITY-BASED ORGANIZATIONS AND SOCIAL ENTERPRISES AT FAIR TRADE PRICES THAT PAY A LIVING WAGE. AS A MEMBER OF THE FAIR TRADE FEDERATION, THE CHARITY IS COMMITED TO CREATING AN ACCESSIBLE MARKETPLACE SO THAT THESE ARTISANS CAN PURCHASE THE MATERIALS NEEDED FOR PRODUCTION, WITH THE REMAINING FIFTY-PERCENT PAID UPON DELIVERY. THE CHARITY THEN SELLS THE HANDICRAFTS THROUGH AN ONLINE MARKETPLACE ON THE CHARITY'S WEBSITE, WITH SUCH HANDICRAFTS MARKED-UP FROM WHOLESALE TO COVER THE CHARITY'S OVERHEAD COSTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

- MAKING GRANTS AND EXPENDITURES TO SUPPORT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE CODE; - EDUCATING THE PUBLIC ABOUT ISSUES OF SOCIAL RESPONSIBILITY, WHICH MAY INCLUDE SECURING THE RIGHTS OF MARGINALIZED PRODUCERS AND WORKERS, REDUCING GLOBAL POVERTY, AND EMPOWERING WOMEN; - SUPPORTING AND EMPOWERING FEMALE ARTISANS, PARTICULARLY IN IMPOVERISHED AND DEVELOPING COMMUNITIES; - PROMOTING SUSTAINABLE DEVELOPMENT AND GREATER EQUITY IN INTERNATIONAL TRADE BY SUPPORTING, ENGAGING IN, AND EDUCATING THE PUBLIC ABOUT FAIR TRADE PRINCIPLES; - ENGAGING IN OTHER ACTIVITIES WHICH ARE CHARITABLE AND EDUCATIONAL; - COOPERATING WITH OTHER CHARITABLE ORGANIZATIONS WHETHER LOCAL, NATIONAL OR INTERNATIONAL, FOR ANY OF THE FOREGOING PURPOSES; AND - CONDUCTING ANY OTHER ACTIVITIES THAT MAY BE NECESSARY, USEFUL, OR DESIRABLE FOR THE FURTHERANCE OR ACCOMPLISHMENT OF THE FOREGING PURPOSES, PROVIDED THAT THOSE ACTIVITIES WOULD NOT ENDANGER THE CORPORATION'S NOT-FOR-PROFIT OR TAX EXEMPT STATUS.


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Board, Officers & Key Employees

Name (title)Compensation
Caitlin Beas
COO
$136,538
Liesl Gerntholtz
Chief Progra
$80,029
Hannah Taylor
Chair
$0
Cecilia Moreno
Director
$0
John Taylor
Sec., Treas.
$0
Mona Vince
Board Member
$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$2,607,242
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,607,242
Total Program Service Revenue$0
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $510
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,689,313
Miscellaneous Revenue$0
Total Revenue $4,304,249

Grants Awarded

Over the last fiscal year, Little Market Inc has awarded $778,392 in support to 6 organizations.

Grant RecipientAmount

NATIONAL PUBLIC RADIO

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$234,100

NATIONAL PUBLIC RADIO

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$234,100

NATIONAL PUBLIC RADIO

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$234,100

SOUTHERN CALIFORNIA PUBLIC RADIO

Org PageRecipient Profile

Pasadena, CA

PURPOSE: GENERAL SUPPORT

$25,364

SOUTHERN CALIFORNIA PUBLIC RADIO

Org PageRecipient Profile

Pasadena, CA

PURPOSE: GENERAL SUPPORT

$25,364

SOUTHERN CALIFORNIA PUBLIC RADIO

Org PageRecipient Profile

Pasadena, CA

PURPOSE: GENERAL SUPPORT

$25,364
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Little Market Inc has recieved totaling $20,237.

Awarding OrganizationAmount
Bruce C Abrams Family Foundation

Chicago, IL

PURPOSE: EXEMPT PURPOSE OF ORGANIZATION

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$237
View Grant Recipient Profile

Peer Organizations

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