2024-11-07T13:35:09-06:00 2023-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2023-01-01 411848081 TRANSFAIR USA TRAN 5106635260 360 GRAND AVE 311 OAKLAND CA 946104840 JOSE CARLOS RUIZ CFO 5106635260 2024-11-06 1 1 QI WEN LIANG P01270238 4159561500 2024-11-06 2023 2024-10-15 13:58:12Z FAIR TRADE USA PAUL RICE 360 GRAND AVE 311 OAKLAND CA 946104840 20049420 0 X WWW.FAIRTRADECERTIFIED.ORG X 1996 MN THE FAIR TRADE CERTIFIED LABEL INTEGRATES A COMPREHENSIVE SET OF ECONOMIC, ENVIRONMENTAL, AND STRINGENT SOCIAL STANDARDS, ALL OF WHICH ARE INDEPENDENTLY AUDITED UNDER THE FAIR TRADE USA CERTIFICATION PROCESS. 9 8 127 9 0 0 2849158 492530 22280407 19376487 0 151577 0 28826 25129565 20049420 8000 12000 0 0 15626893 15426346 0 0 1531363 8146903 6822411 23781796 22260757 1347769 -2211337 17798832 14293733 3650286 2356524 14148546 11937209 X FAIR TRADE USA IS BUILDING AN INNOVATIVE MODEL OF RESPONSIBLE BUSINESS, CONSCIOUS CONSUMERISM, AND SHARED VALUE TO ELIMINATE POVERTY AND ENABLE A SUSTAINABLE DEVELOPMENT FOR FARMERS, WORKERS, THEIR FAMILIES, AND COMMUNITIES AROUND THE WORLD. 0 0 7382470 0 8137783 FOR YEARS, THE FAIR TRADE CERTIFIED PROGRAM HAS DRIVEN CHANGE THROUGH OUR RIGOROUS STANDARDS, FAIR TRADE COMMUNITY DEVELOPMENT FUNDS, AND MINIMUM PRICE GUARANTEES. THESE MECHANISMS HAVE BEEN CRITICAL TO PROTECTING WORKERS, DRIVING FINANCIAL STABILITY, AND ENABLING COMMUNITIES TO MAKE LIFE-CHANGING INVESTMENTS. AS IMPACTFUL AS THESE STRATEGIES HAVE BEEN, THEY ARE NOT ENOUGH TO ERADICATE POVERTY AND TRANSFORM GLOBAL SUPPLY CHAINS. ENGAGING CONSUMERS BY CELEBRATING BRANDS THAT SELL FAIR TRADE CERTIFIED PRODUCTS AND BY EDUCATING SHOPPERS ABOUT WHY AND HOW TO REWARD ETHICAL SOURCING, RESULTING IN 65% CONSUMER AWARENESS AND THOUSANDS OF CERTIFIED PRODUCTS ON THE MARKET. IN 2023 FAIR TRADE LAUNCHED A COFFEE INNOVATION INITIATIVE, PARTNERING WITH WORLD-CLASS CONSULTANTS AT IDEO.ORG AND AN IMPRESSIVE, GLOBAL COFFEE IMPACT ADVISORY BOARD. 3994037 0 4402673 IN 2023 WE MADE SIGNIFICANT PROGRESS IN OUR TECHNOLOGICAL TRANSFORMATION, INNOVATING OUR TOOLS AND PROGRAMS TO ENABLE FUTURE GROWTH AND IMPACT AT SCALE. PART OF THIS INCLUDED THE EVOLUTION OF OUR FACTORY PROGRAM, WHICH LED TO A DRAMATIC INCREASE IN NEW FACTORIES JOINING OUR CERTIFICATION. IN 2023, AS WE CONTINUE TO INVEST IN GROWING AND SCALING OUR MODEL, THE FAIR TRADE CERTIFIED FACTORY PROGRAM HAS BEEN A CRITICAL FOCUS. THESE INVESTMENTS HAVE ENABLED THE PROGRAM TO EXPAND ITS IMPACT SIGNIFICANTLY, PARTICULARLY WITHIN THE BEAUTY INDUSTRY, WHERE WE HAVE SUCCESSFULLY CERTIFIED A MANUFACTURING FACILITY. BY THE END OF 2023, WE HAVE A TOTAL OF 129 FAIR TRADE CERTIFIED FACTORIES LOCATED IN 20 COUNTRIES AROUND THE WORLD. THIS GROWTH BUILDS ON OUR STRONG IMPACT AND MARKET EXPANSION FOUNDATION, DEMONSTRATING OUR COMMITMENT TO DRIVING POSITIVE CHANGE THROUGH FAIR TRADE PRACTICES. 3299525 0 3637105 RIGOROUS STANDARDS ARE HOW WE FULFILL OUR MISSION AND CREATE TRADING PARTNERSHIPS FOUNDED ON TRANSPARENCY, FAIRNESS, AND ECONOMIC EMPOWERMENT. IN ADDITION TO OUR ROBUST STANDARDS, OUR VAST EXPERIENCE IN MULTIPLE COMMODITIES, OUR STEPPED APPROACH TO FULL COMPLIANCE, AND UNPARALLELED IN-FIELD SUPPORT SERVICES ARE SOME OF THE REASONS OUR PRODUCER PARTNERS CHOOSE FAIR TRADE CERTIFIED. OUR IMPACT MODEL PROTECTS HUMAN RIGHTS, ENABLES SUSTAINABLE LIVELIHOODS FOR FARMERS, FISHERS, AND WORKERS, AND CREATES MORE RESILIENCY IN BOTH COMMUNITIES AND SUPPLY CHAINS. MORE THAN $1 BILLION IN FINANCIAL BENEFIT HAS BEEN DELIVERED TO PRODUCER COMMUNITIES. IN AGRICULTURE, FAIR TRADE USA HAS MADE A BIG COMMITMENT TO THE VERIFICATION OF RESPONSIBLE RECRUITING PRACTICES, AS THIS IS ESSENTIAL FOR ELIMINATING LABOR TRAFFICKING IN SUPPLY CHAINS. 2642039 12000 3198926 FAIR TRADE CERTIFIED PRODUCTS AND GOODS SPAN SEVERAL INDUSTRIES AND CATEGORIES, INCLUDING COFFEE AND CONSUMER PACKAGED GOODS. WE ARE COMMITTED TO CONTINUOUSLY INNOVATING IN NEW CATEGORIES TO ACCOMMODATE THE NEEDS OF OUR PARTNERS. ACTIVELY MANAGE POTENTIAL RISK WITH RIGOROUS FAIR TRADE STANDARDS, ENSURING SAFE WORKING ENVIRONMENTS AND IMPROVED CONDITIONS, WAGES, WORKING HOURS, BENEFITS, AND THE ELIMINATION OF FORCED LABOR AND POVERTY. 2642039 12000 3198926 17318071 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 24 0 1 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN X X CARLOS RUIZ 4158404116 360 GRAND AVE 311 OAKLAND CA 946104840 PAUL RICE CEO 40.00 X X 406526 0 33687 LAWRENCE RUFF PRESIDENT (THRU 11/23) 40.00 X 323042 0 11275 LEILANI LATIMER CHIEF COMMERCIAL & MARKETING OFFICER (THRU 10/23) 40.00 X 289463 0 45506 JEANNE-MARIE RYAN HEAD OF PEOPLE & CULTURE (THRU 11/23) 40.00 X 284645 0 37600 TAMMY HERMANN CHIEF INFORMATION OFFICER (THRU 10/23) 40.00 X 291205 0 11913 JOSE CARLOS RUIZ CFO AND TREASURER 40.00 X 257672 0 30244 MAGALI TRANIE HEAD OF COMMERICAL & MARKETING 40.00 X 217370 0 29762 MEAGAN SIDDIQUI HEAD OF DIGITAL TECHNOLOGY 40.00 X 215273 0 27749 MATT POPE VICE PRESIDENT OF ENGINEERING 40.00 X 217446 0 19020 LESLIE SIMMONS SENIOR DIRECTOR, FRESH GOODS 40.00 X 167334 0 23064 MARIA APARECIDA DIAS DE COSTA SENIOR DIRECTOR, FINANCIAL PLANNING & ANALYSIS 40.00 X 162411 0 16369 MAURIN TRIPLETT SENIOR DIRECTOR, PACKAGED GOODS 40.00 X 170765 0 7847 ABBY AYERS SENIOR DIRECTOR OF RETAIL PARTNERSHIPS 40.00 X 157706 0 16188 SUGUMAR RAMAN CHIEF PROGRAM OFFICER (AS OF 09/23) 40.00 X 83797 0 0 FELIPE ARANGO CHIEF OPERATING OFFICER (AS OF 12/23) 40.00 X 21230 0 0 RICARDO CRISANTES CHAIR 2.00 X X 0 0 0 NISHANT BAGADIA DIRECTOR 2.00 X 0 0 0 JANET BAND DIRECTOR (THRU 03/23) 2.00 X 0 0 0 NATASHA CHAND DIRECTOR 2.00 X 0 0 0 ROBIN EVITTS DIRECTOR 2.00 X 0 0 0 SEAN FOOTE DIRECTOR 2.00 X 0 0 0 RONNIE ROBINSON DIRECTOR 2.00 X 0 0 0 LIESEL PRITZKER SIMMONS DIRECTOR 2.00 X 0 0 0 ROBERT P STILLER DIRECTOR 2.00 X 0 0 0 ANDREW FERREN SECRETARY 2.00 X 0 0 0 3265885 0 310224 45 0 1 0 MODELIT 4004 NE 4TH STREET 107-260 RENTON WA 98059 SOFTWARE DEVELOPMENT SERVICES 1007745 PC PROFESSIONAL 1615 WEBSTER STREET OAKLAND CA 94612 SOFTWARE DEVELOPMENT SERVICES 210867 MOSS ADAMS PO BOX 101822 PASADENA CA 91189 ACCOUNTING SERVICES 157490 VIVIEN ALAN FONSECA URBANIZACION SABORIO SAN JOSE CS PRODUCER SERVICES CONSULTING SERVICES 146610 JENNIFER BURKETT 501 HOLLAND LANE APT 319 ALEXANDRIA VA 22314 PROJECT MANAGEMENT CONSULTING SERVICES 141219 18 492530 492530 SERVICE FEES 900099 19371487 19371487 CONSULTING FEES 900099 5000 5000 19376487 151577 151577 MISCELLANEOUS REVENUE 900099 28826 28826 28826 20049420 19376487 0 180403 X 12000 12000 2618955 2042785 392843 183327 10404026 8115140 1560604 728282 348091 271511 52214 24366 1115526 870110 167329 78087 939748 733004 140962 65782 64689 64689 92500 92500 4435592 3459762 665339 310491 104691 99578 5113 1247362 983818 182040 81504 276434 221087 29745 25602 177018 168637 285 8096 10602 8258 1633 711 104570 81457 16104 7009 83619 65223 12543 5853 THIRD PARTY EXPENSES 8250 7050 1200 217084 178651 31293 7140 22260757 17318071 3411323 1531363 9702583 4287511 1204037 3576948 541414 249891 5328097 5402646 806406 657023 1640572 1521510 215643 119062 652 652 17798832 14293733 2497540 2114264 76260 242260 1076486 0 3650286 2356524 X 12183164 10967788 1965382 969421 14148546 11937209 17798832 14293733 -2211337 0 X 0 1 X 1 0 X 4498167 3710152 4151158 2849158 492530 15701165 16815216 17046615 19841287 22280407 19376487 95360012 21313383 20756767 23992445 25129565 19869017 111061177 4282666 3054927 1255000 1858646 258500 10709739 4233641 4329122 5477173 6285943 5773060 26098939 8516307 7384049 6732173 8144589 6031560 36808678 74252499 15540 96 151577 167213 15540 96 151577 167213 303636 22183 13622 28826 368267 21632559 20779046 24006067 25129565 20049420 111596657 0.66540 0.65600 0.00150 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 303,636. 2020 AMOUNT: $ 22,183. 2021 AMOUNT: $ 13,622. 2023 AMOUNT: $ 28,826. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68930 68930 0 1098969 979907 119062 472673 472673 0 119062 X PART X, LINE 2: THE ORGANIZATION IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL, MINNESOTA AND CALIFORNIA INCOME TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE, CHAPTER 317A OF THE MINNESOTA STATUTES AND 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL, MINNESOTA, OR CALIFORNIA INCOME TAX IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES THE EFFECTS OF ITS INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED AS OF DECEMBER 31, 2023 AND 2022, THAT THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. 0 NORTH AMERICA 0 6 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 332687 SOUTH AMERICA 0 8 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 228931 EAST ASIA AND THE PACIFIC 0 5 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 208433 SUB-SAHARAN AFRICA 0 4 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 78064 SOUTH ASIA 0 2 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 42114 CENTRAL AMERICA AND THE CARIBBEAN 0 4 PROGRAM SERVICES SEAFOOD PROGRAM, MEETINGS, SUMMITS AND SUPPLY CHAIN RELATED EXPENSES & SERVICES 306262 0 29 0 0 0 29 1196491 0 1196491 SOUTH ASIA SUPPORT FLOOD RECOVERY AND RELIEF EFFORTS 12000 WIRE TRANSFER 0 0 1 0 0 0 0 0 0 X X 1 0 0 0 0 0 0 1 0 PAUL RICE CEO 310000 0 96526 0 0 0 9473 0 24214 0 440213 0 0 0 LAWRENCE RUFF PRESIDENT (THRU 11/23) 223042 0 100000 0 0 0 10739 0 536 0 334317 0 0 0 LEILANI LATIMER CHIEF COMMERCIAL & MARKETING OFFICER 187608 0 53760 0 48095 0 9970 0 35536 0 334969 0 0 0 JEANNE-MARIE RYAN HEAD OF PEOPLE & CULTURE (THRU 11/23 183467 0 46178 0 55000 0 9527 0 28073 0 322245 0 0 0 TAMMY HERMANN CHIEF INFORMATION OFFICER (THRU 10/2 181159 0 55157 0 54889 0 0 0 11913 0 303118 0 0 0 JOSE CARLOS RUIZ CFO AND TREASURER 211000 0 46672 0 0 0 7987 0 22257 0 287916 0 0 0 MAGALI TRANIE HEAD OF COMMERICAL & MARKETING 170187 0 47183 0 0 0 8695 0 21067 0 247132 0 0 0 MEAGAN SIDDIQUI HEAD OF DIGITAL TECHNOLOGY 192217 0 23056 0 0 0 8611 0 19138 0 243022 0 0 0 MATT POPE VICE PRESIDENT OF ENGINEERING 180000 0 37446 0 0 0 8698 0 10322 0 236466 0 0 0 LESLIE SIMMONS SENIOR DIRECTOR, FRESH GOODS 142334 0 25000 0 0 0 4227 0 18837 0 190398 0 0 0 MARIA APARECIDA DIAS DE COSTA SENIOR DIRECTOR, FINANCIAL PLANNING 155000 0 7411 0 0 0 4946 0 11423 0 178780 0 0 0 MAURIN TRIPLETT SENIOR DIRECTOR, PACKAGED GOODS 143500 0 27265 0 0 0 6576 0 1271 0 178612 0 0 0 ABBY AYERS SENIOR DIRECTOR OF RETAIL PARTNERSHI 135000 0 22706 0 0 0 6308 0 9880 0 173894 0 0 0 PART I, LINE 4A THE ORGANIZATION PAID THE FOLLOWING INDIVIDUALS SEVERANCE PAYMENTS DURING 2023, WHICH IS REPORTED ON SCHEDULE J, PART II, COLUMN B(III). LEILANI LATIMER $48,095 TAMMY HERMANN $54,889 JEANNE-MARIE RYAN $55,000 THE SEVERANCE PACKAGE WAS CALCULATED AND PAID FOLLOWING THE ORGANIZATION'S SEVERANCE PAY POLICY, WITH APPROVAL BY THE CEO AND CFO. PART I, LINE 7 THE 2023 BONUS PAYOUT WAS DETERMINED BY PERFORMANCE-BASED. THE CEO (PAUL RICE) AUTHORIZED DISCRETIONARY PERSONNEL BONUSES BASED ON THE FAIR TRADE USA PERFORMANCE POLICY. THE FAIR TRADE USA BOARD OF DIRECTORS AUTHORIZED THE CEO BONUS BASED ON PERFORMANCE. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE 990 DRAFT IS COMPLETE, IT IS SHARED WITH THE AUDIT COMMITTEE. A FOLLOW-UP MEETING WITH THE AUDIT COMMITTEE, THE COO, AND THE CHIEF FINANCIAL OFFICER IS SCHEDULED FOR Q&A. WE ALSO ENGAGE IN A PRESENTATION BY OUR EXTERNAL TAX PREPARER. FINALLY, THE AUDIT COMMITTEE ENGAGES WITH THE BOARD OF DIRECTORS TO RECOMMEND THE APPROVAL OF THE 990 FORMS. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, THE ORGANIZATION SHARES A LIST OF VENDORS AND BUSINESS PARTNERS WITH THE BOARD, ADVISORY COUNCIL, AND KEY EMPLOYEES. THE BOARD MUST THEN SIGN A CONFLICT OF INTEREST COMPLIANCE STATEMENT. ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE FULL BOARD. EMPLOYEE PARTICIPATION IN ANY COMPANY THAT IS A FAIR TRADE USA LICENSEE IS PROHIBITED WITHOUT THE PRESIDENT'S WRITTEN CONSENT. EMPLOYEES MUST DISCLOSE ANY CURRENT OR PROSPECTIVE POSITIONS WITH POTENTIAL OR ACTUAL LICENSEES OR COMPETITORS TO THE PRESIDENT, WHO, ALONG WITH THE SUPERVISOR, WILL EVALUATE THE CONFLICT. THE PRESIDENT WILL DECIDE IF THE OUTSIDE POSITION CREATES A CONFLICT AND COMMUNICATE THE NECESSARY ACTION, WHICH MAY INCLUDE RESIGNING FROM THE POSITION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD'S COMPENSATION COMMITTEE SETS THE CEO'S COMPENSATION. THE PRESIDENT/CEO SETS COMPENSATION FOR OTHER OFFICERS. A DETAILED COMPENSATION STUDY, UPDATED ANNUALLY USING VARIOUS SOURCES, AND THE ACHIEVEMENT OF ANNUAL PERFORMANCE GOALS ARE USED TO DETERMINE COMPENSATION RATES. FORM 990, PART VI, SECTION C, LINE 19 THE INDEPENDENT CONTRACTOR AUDITED REPORT IS AVAILABLE IN FAIR TRADE USA WEBSITE, WWW.FAIRTRADECERTIFIED.ORG, AND UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING & CONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 3,459,762. MANAGEMENT AND GENERAL EXPENSES 665,339. FUNDRAISING EXPENSES 310,491. TOTAL EXPENSES 4,435,592. GOOD WORLD SOLUTIONS INC 360 GRAND AVE 311 OAKLAND CA 946104840 562435785 DEVELOP TECH SOLUTIONS TO IMPROVE LIVING CONDITIONS FOR WORKERS GLOBAL CA 501(C)(3) LINE 7 TRANSFAIR USA 1 GWS HOLDING COMPANY INC 360 GRAND AVENUE 311 OAKLAND CA 94610 475353507 HOLDING COMPANY DE GOOD WORLD SOLUTIONS INC C 21920 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0