Form 990 governing body review Part VI line 11
“Management and selected board members review the 990 and the related schedules prior to submittal to the respective agencies.”
990 • Fiscal year 2019 • EIN 20-5355641
Scores are not available for this record yet.
Assets
Flat$159,465
Flat from 2019
Net Assets
Down$61,893
Down $18,500 (-23%) from 2019
Liabilities
Up$97,572
Up $18,500 (+23%) from 2019
Revenue
Down$290,051
Down $18,500 (-6.0%) from 2019
Expenses
Flat$361,889
Flat from 2019
Net Income
Down-$71,838
Down $18,500 (-35%) from 2019
See Schedule O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $76,179 | $78,525 | ▲ $2,346 |
| Accounts Receivable | $15,486 | $44,881 | ▲ $29,395 |
| Cash and Non-Interest-Bearing Accounts | $78,278 | $22,330 | ▼ $55,948 |
| Loans From Officers Directors | - | $18,500 | - |
| Prepaid Expenses and Deferred Charges | $7,807 | $9,290 | ▲ $1,483 |
| Land, Buildings, and Equipment, Net | $550 | - | - |
| Total Assets | $183,822 | $159,465 | ▼ $24,357 |
| Other Assets Total | $5,522 | $4,439 | ▼ $1,083 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $37,221 | $53,122 | ▲ $15,901 |
| Deferred Revenue | - | $25,950 | - |
| Mortgage Notes Payable Secured by Investment Property | $12,870 | - | - |
| Total Liabilities | $50,091 | $97,572 | ▲ $47,481 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $133,731 | $61,893 | ▼ $71,838 |
| Total Net Assets Fund Balance | $133,731 | $61,893 | ▼ $71,838 |
| Total Liabilities and Net Assets / Fund Balance | $183,822 | $159,465 | ▼ $24,357 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | - | $20,248 | $20,248 |
| Other Assets Org | $50 | - | - |
| Name | Title |
|---|---|
| Catherine Shimony | Member |
| Clark Anderson | Member |
| Jackie Flanagan Pangelinan | Member |
| Joan Shifrin | Member |
| Molly Patrick Epstein | Member |
| Robin Domeniconi | Member |
| Veronique Pittman | Member |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $202,452 |
| Other Expenses | $143,123 |
| Grants and Similar Amounts Paid | $16,314 |
| Total Fundraising Expense | $4,974 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $151,920 | $16,880 | - | $168,800 |
| Advertising | $46,005 | - | - | $46,005 |
| Occupancy | $20,724 | $5,181 | - | $25,905 |
| Other Employee Benefits | $16,753 | $4,188 | - | $20,941 |
| Grants to Domestic Orgs | $16,314 | - | - | $16,314 |
| Fees for Services Accounting | - | $16,125 | - | $16,125 |
| Payroll Taxes | $10,169 | $2,542 | - | $12,711 |
| Travel | $8,306 | - | - | $8,306 |
| Insurance | - | $6,524 | - | $6,524 |
| Information Technology | - | $5,432 | - | $5,432 |
| Office Expenses | - | $4,081 | - | $4,081 |
| Other Expenses | $2,379 | $2,133 | $4,974 | $2,133 |
| Fees for Services Other | - | $2,047 | - | $2,047 |
| Depreciation Depletion | - | $550 | - | $550 |
| Interest | - | $37 | - | $37 |
| Total Functional Expenses | $285,894 | $71,021 | $4,974 | $361,889 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | - | $18,500 | - |
“Management and selected board members review the 990 and the related schedules prior to submittal to the respective agencies.”
“All board members and employees are required to immediately disclose any relationship that may potentially give rise to a conflict of interest.”
“Compensation and potential pay raises are reviewed and evaluated by the board and management on an annual basis. Compensation levels and raises are determined by considering industry averages and cost of living adjustments.”
“Compensation and potential pay raises are reviewed and evaluated by the board and management on an annual basis. Compensation levels and raises are determined by considering industry averages and cost of living adjustments.”
“The financial statements are provided to the requesting party upon request. Governing documents are also provided upon request. The federal form 990 is provided upon request and is also made available on Guidestar.com, which is a website that makes available nonprofit information.”
“Information return has been amended to include information that was not available at the time of original filing and to include changes in the financial statements due to audit engagement.”
“Rounding difference”
“Pro-bono professional fees in the amount of $204,650 related to legal and business advisory.”
“Form 990, Part I, Line 1) Organizations mission statement - As a not-for-profit social enterprise, Global Goods Partners (GGP) is committed to providing sustainable jobs for womenwidely proven to be the key to community development and family wellbeing. In partnership with women-led, community-based organizations, GGP taps into the rich well of skill and artistry that is passed from one generation of women to the next. We invest all proceeds from product sales in developing sustainable market access as well as providing training and funding to enable our partners to prosper and thrive well into the future. Since GGP first launched in 2005, we have partnered with over 60 artisan groups in more than 20 countries throughout Asia, Africa and the Americas, helping to design and bring to market the fair trade, handcrafted products they produce. Each artisan that creates products for GGP earns reliable, fair living wages and gains experience that can add benefit to all aspects of her life.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 46005 |
| IRS990/AllOtherContributionsAmt | 0 | 127484 |
| IRS990/AmendedReturnInd | 0 | X |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | Joan Shifrin |
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| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10001 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 22330 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
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| IRS990/CostOfGoodsSoldAmt | 0 | 300287 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 16314 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 143123 |
| IRS990/CYOtherRevenueAmt | 0 | 162567 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -71838 |
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| IRS990/CYTotalExpensesAmt | 0 | 361889 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 4974 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 290051 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 25950 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 550 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 550 |
| IRS990/Desc | 0 | GGP has worked to build sustainable artisan enterprises throughout Asia, Africa and the Americas so that more and more women can earn reliable incomes and break the cycle of poverty. In 2016 GGP purchased more than $390,000 of products from our artisan partners, all of whom provide fair living wages to the women who handcraft the products that GGP sells. This amount translated to more than $7,660,000 in local purchasing power in the communities where we work. Last year in Nepal, GGPs investment of $25,000 translated into more than $581,000 in local purchasing power and in Peru, where the cost of living is significantly higher, $25,000 translated into $113,000 of purchasing power. Beyond the value we bring through direct spending in local communities, GGP invests in training our partners to produce products that appeal to consumers in developed markets. |
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| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
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| IRS990/IndoorTanningServicesInd | 0 | false |
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| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 5432 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 5432 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6524 |
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| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 37 |
| IRS990/InterestGrp/TotalAmt | 0 | 37 |
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| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 695965 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 537056 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 466664 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 3053283 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 763260 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 695965 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 537056 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 466664 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 50 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deposits |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | Operations |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Shifrin and Shimony |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Trustee |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Information return has been amended to include information that was not available at the time of original filing and to include changes in the financial statements due to audit engagement. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Management and selected board members review the 990 and the related schedules prior to submittal to the respective agencies. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | All board members and employees are required to immediately disclose any relationship that may potentially give rise to a conflict of interest. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Compensation and potential pay raises are reviewed and evaluated by the board and management on an annual basis. Compensation levels and raises are determined by considering industry averages and cost of living adjustments. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Compensation and potential pay raises are reviewed and evaluated by the board and management on an annual basis. Compensation levels and raises are determined by considering industry averages and cost of living adjustments. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The financial statements are provided to the requesting party upon request. Governing documents are also provided upon request. The federal form 990 is provided upon request and is also made available on Guidestar.com, which is a website that makes available nonprofit information. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Rounding difference |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Pro-bono professional fees in the amount of $204,650 related to legal and business advisory. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Form 990, Part I, Line 1) Organizations mission statement - As a not-for-profit social enterprise, Global Goods Partners (GGP) is committed to providing sustainable jobs for womenwidely proven to be the key to community development and family wellbeing. In partnership with women-led, community-based organizations, GGP taps into the rich well of skill and artistry that is passed from one generation of women to the next. We invest all proceeds from product sales in developing sustainable market access as well as providing training and funding to enable our partners to prosper and thrive well into the future. Since GGP first launched in 2005, we have partnered with over 60 artisan groups in more than 20 countries throughout Asia, Africa and the Americas, helping to design and bring to market the fair trade, handcrafted products they produce. Each artisan that creates products for GGP earns reliable, fair living wages and gains experience that can add benefit to all aspects of her life. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Amended return information |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | List of other fees for services expenses Part IX line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | General explanation attachment |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
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| IRS990/SubjectToProxyTaxInd | 0 | false |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 159465 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 159465 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 127484 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 285894 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 361889 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 50091 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 97572 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 50091 |
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| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 133731 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 61893 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 159465 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TransactionWithControlEntInd | 0 | false |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
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| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 61893 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 115 West 30th Street No 400 |
| IRS990/USAddress/CityNm | 0 | New York |
| IRS990/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/USAddress/ZIPCd | 0 | 10001 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | www.globalgoodspartners.org |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2020-11-06 18:47:13Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Joan Shifrin |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9082324618 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GLOBAL GOODS PARTNERS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GLOB |
| ReturnHeader/Filer/EIN | 0 | 205355641 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 650 1st Avenue |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.
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