Ethical Trading Company
- Assets
- $134.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/2018
- Data as of
- 12/2023
- EIN
- 82-2946211
Organization Overview
Ethical Trading Company is located in Madison, WI. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ethical Trading Company 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, Ethical Trading Company generated $123.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $113.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ETHICAL TRADING COMPANY IS WORKING TO END HUMAN TRAFFICKING. WE DO THIS BY IMPORTING, MARKETING, AND SELLING PRODUCTS FROM SUPPLIERS AND ORGANIZATIONS THAT CREATE JOBS AS A WAY TO PREVENT HUMAN TRAFFICKING. WE BELIEVE THAT BY BRINGING SUSTAINABLE JOBS AND INCOME INTO VILLAGES AND TOWNS WHERE WOMEN AND GIRLS ARE MOST AT RISK WE WILL BE ABLE TO END THE CYCLE OF POVERTY AND TRAFFICKING ONCE AND FOR ALL. WE SPECIFICIALLY WORK WITH SUPPLIERS WHO NOT ONLY PROVIDE MONETARY SUPPORT BUT ALSO HELP WITH NON-FINANCIAL NEEDS LIKE TRAINING, CHILD EDUCATION, RETIREMENT, AND CHILD CARE. WE THINK A HOLISTIC APPROACH IS KEY TO KEEPING THESE WOMAN AND FUTURE GENERATIONS FROM BEING TRAFFICKED. OVER THE PAST FOUR YEARS WE HAVE REALIZED THAT THE NEEDS OF THESE WOMEN AND GIRLS IS MUCH GREATER THAN WE ANTICIPATED. TO THAT END WE CONTINUE TO SUPPORT OUR CURRENT SUPPLIERS BUT WOULD LIKE TO ADD MORE, DOING SO EXPANDS OUR REACH AND MAGNIFIES OUR IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Ferrett President/ceo | 40 | $49,647 | |
Manuel Ramminger Treasurer | 20 | $12,576 | |
Kelly Ferrett Secretary | 5 | $2,374 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,003 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,235 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,409 |
| Total Revenue | $123,425 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,597 |
| Professional fees and other payments to independent contractors | $3,582 |
| Occupancy, rent, utilities, and maintenance | $3,385 |
| Printing, publications, postage, and shipping | $3,503 |
| Other expenses | $38,784 |
| Total expenses | $113,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,268 |
| Other assets | $0 |
| Total assets | $134,818 |
| Total liabilities | $182,400 |
| Net assets or fund balances | -$47,582 |