GOLD2023

Ethical Trading Company

Goods for a Better World

aka Ethical Trade Co   |   MADISON, WI   |  https://www.ethicaltradeco.com
GuideStar Charity Check

Ethical Trading Company

EIN: 82-2946211


Mission

Ethical Trade Co empowers through trade artisans and farmers that are vulnerable to exploitation and human trafficking. This trade relationship provides a livable wage in artisans’ respective communities and empowers them to break out of poverty - the root cause of exploitation and trafficking. Our customers and donors are the heart of this empowerment movement as their conscious purchase and generous donations make all this possible. And because we are a donor-funded nonprofit and fundraise for our wages, every dollar spent in our store creates a maximum return for our partners.

Ruling year info

2018

CEO

Mr James Ferrett

Vice-President

Mr Manuel Ramminger

Main address

36565 Tulane Ave

MADISON, WI 53714 USA

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Formerly known as

Ethical Trading Company LLC

EIN

82-2946211

Subject area info

Employment

Trade

Human rights

International economics and trade

Antidiscrimination

Population served info

Refugees and displaced people

Economically disadvantaged people

NTEE code info

Civil Rights, Advocacy for Specific Groups (R20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Ethical Trade Co

The Retail arm of our non-profit providing a place to market and sell products from overseas.

Population(s) Served
Refugees and displaced people
Working poor
Extremely poor people

Where we work

Affiliations & memberships

Dane Buy Local 2018

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of volunteers

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of youth who volunteer/participate in community service

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Ethical Trade Co empowers through trade artisans and farmers that are vulnerable to exploitation and modern slavery. This trade relationship provides a livable wage in artisans respective communities and empowers them to break out of poverty - the root cause of exploitation and modern slavery. Our customers and donors are the heart of this empowerment movement as their conscious purchase and generous donations make all this possible. And because we are a donor-funded nonprofit and fundraise for our wages, every dollar spent in our store creates a maximum return for our partners.

Financials

Ethical Trading Company
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Financial data

SOURCE: IRS Form 990

Ethical Trading Company

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Ethical Trading Company

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

CEO

Mr James Ferrett

Vice-President

Manuel Ramminger

Ethical Trading Company

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Ethical Trading Company

Board of directors
as of 12/07/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr James Ferrett

Ethical Trading Company

Term: 2015 -

Manuel Ramminger

Ethical Trading Company

Kelly Ferrett

Staci Marrese-Wheeler

Eastmoreland Community Center

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 8/2/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 03/04/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.