Civic Intelligence

F a I R Trade Group

990EZ • Fiscal year 2023 • EIN 54-1721530

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

Organization Profilewww.fairtradegroup.org

Refreshing map…

1775 I St NWWashington, DC 20006

(202) 798-8526

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$24,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 23.1% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-69%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-40%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$23,974

Down $53,767 (-69%) from 2022

Net Assets

Down

$23,974

Down $53,767 (-69%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin7th percentile

Revenue

Down

$103,950

Down $68,983 (-40%) from 2022

Expenses

Down

$157,717

Down $13,546 (-7.9%) from 2022

Net Income

Down

-$53,767

Down $55,437 (-3320%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0Assets 2011: $20,340Liabilities 2011: $02011Assets 2012: $8,831Liabilities 2012: $02012Assets 2013: $14,703Liabilities 2013: $02013Assets 2015: $3,194Liabilities 2015: $02015Assets 2021: $76,071Liabilities 2021: $0Net Assets 2021: $76,0712021Assets 2022: $77,741Liabilities 2022: $0Net Assets 2022: $77,7412022Assets 2023: $23,974Liabilities 2023: $0Net Assets 2023: $23,9742023Assets 2024: $9,573Net Assets 2024: $9,5732024

Highlighted filing

2023

Assets$23,974
Liabilities$0
Net Assets$23,974
Open 2023 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $44,115Expenses 2011: $46,099Net Income 2011: -$1,9842011Revenue 2012: $73,521Expenses 2012: $85,073Net Income 2012: -$11,5522012Revenue 2013: $87,103Expenses 2013: $81,231Net Income 2013: $5,8722013Revenue 2015: $53,011Expenses 2015: $50,938Net Income 2015: $2,0732015Revenue 2021: $100,142Expenses 2021: $63,672Net Income 2021: $36,4702021Revenue 2022: $172,933Expenses 2022: $171,263Net Income 2022: $1,6702022Revenue 2023: $103,950Expenses 2023: $157,717Net Income 2023: -$53,7672023Revenue 2024: $140,928Expenses 2024: $155,329Net Income 2024: -$14,4012024

Highlighted filing

2023

Revenue$103,950
Expenses$157,717
Net Income-$53,767
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$103,950
Mission and Program Overview

Mission

F.A.I.R. Trade Group is dedicated to protecting the interests of the firearms and ammunition import and export community. Our trade group works with many U.S. government agencies, including the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the U.S. Department of State, and the U.S. Customs and Border Protection to provide solutions to our members' concerns.

Program Services

DescriptionGrantsExpenses
On January 18, 2023, Shot Show Member Meeting at Las Vegas with 59 attendees. While attending the Shot Show, oue members are invited to our Bi-Annual member meeting where they will get the most recent changes and updates in the laws or processes from ATF and our government speakers.On March 27, 2023, FAIR SIA Virtual Conference with 66 attendees.Partnered with the Society for International Affairs to ensure the highest quality agenda and speakers with valuable access to government regulators in charge of licensing, enforcement, and policy from the U.S. Departments of State, Commerce, Treasury, Homeland Security, Justice, and the Bureau of Alcohol, Tobacco, Firearms and Explosives.On June 15-16, 2023, MGM Member Meeting with 88 attendees.ATF and Firearms Import and Export Industry Export Leaders for this two-day conference where you will get first-hand information on recent regulatory and policy changes. In a world where we are all trying to find solid footing, this is your opportunity to hear from experts who will provide important updates on the complexities surrounding the new Ghost Gun Rule, Sanctions, Government Furnished Equipment (GFE), E2C2 and Homeland Security.-$51,237
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pati ColonDeputy DirectorPT$24,000-$24,000
Michael FaucetteExecutive DirectorPT$18,000-$18,000
Charles FowlerPresidentPT$0--
Robert PentaVice PresidentPT$0--
Phil HaneyDirector-$0--
Liz ConroyDirector-$0--
Harry PakhanyanElecdirector-$0--
Filing and Contact Details

Filer

Filer Name
FAIR Trade Group
EIN
54-1721530
Phone
2027988526
Address
1775 I St NW, Washington, DC 20006

Signing Officer

Name
Michael Faucette
Title
Executive Director
Signed
2024-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Fisher Ring LLC
Address
5300 Dorsey Hall Drive Suite 201, Ellicott City, MD 21042
Preparer
Sanford R Fisher CPA
Phone
4109951522
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $595”

Other Expenses.1002

“Office Expenses $3266”

Other Expenses.1005

“Travel $9065”

Other Expenses.1012

“Insurance $1768”

Other Expenses.1

“Speaker Expense $30450”

Other Expenses.2

“Contractors $21000”

Other Expenses.3

“A/V Equipment $6024”

Other Expenses.4

“Credit Card Fees $2976”

Other Expenses.5

“Memberships & Dues $2436”

Other Expenses.6

“Website Expenses $1319”

Other Expenses.8

“Bank Service Charges $129”

Other Expenses.9

“Supplies $64”

Other Expenses.10

“Meals $64”

Raw XML Appendix141 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Pati Colon
IRS990EZ/BooksInCareOfDetail/PhoneNum02027988526
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01775 I St NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Washington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077741
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023974
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-53767
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt036366
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077741
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023974
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0103950
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt061650
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077741
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023974
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077741
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023974
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt018000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt124000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Faucette
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Pati Colon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Charles Fowler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Robert Penta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Phil Haney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Liz Conroy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Harry Pakhanyan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Deputy Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6ElecDirector
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt079156
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0F.A.I.R. Trade Group is dedicated to protecting the interests of the firearms and ammunition import and export community. Our trade group works with many U.S. government agencies, including the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the U.S. Department of State, and the U.S. Customs and Border Protection to provide solutions to our members' concerns.
IRS990EZ/PrintingPublicationsPostageAmt0195
IRS990EZ/ProgramServiceRevenueAmt042300
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0On January 18, 2023, Shot Show Member Meeting at Las Vegas with 59 attendees. While attending the Shot Show, oue members are invited to our Bi-Annual member meeting where they will get the most recent changes and updates in the laws or processes from ATF and our government speakers.On March 27, 2023, FAIR SIA Virtual Conference with 66 attendees.Partnered with the Society for International Affairs to ensure the highest quality agenda and speakers with valuable access to government regulators in charge of licensing, enforcement, and policy from the U.S. Departments of State, Commerce, Treasury, Homeland Security, Justice, and the Bureau of Alcohol, Tobacco, Firearms and Explosives.On June 15-16, 2023, MGM Member Meeting with 88 attendees.ATF and Firearms Import and Export Industry Export Leaders for this two-day conference where you will get first-hand information on recent regulatory and policy changes. In a world where we are all trying to find solid footing, this is your opportunity to hear from experts who will provide important updates on the complexities surrounding the new Ghost Gun Rule, Sanctions, Government Furnished Equipment (GFE), E2C2 and Homeland Security.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051237
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt042000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0157717
IRS990EZ/TotalProgramServiceExpensesAmt051237
IRS990EZ/TotalRevenueAmt0103950
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0www.fairtradegroup.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $595
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $9065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Speaker Expense $30450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Contractors $21000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A/V Equipment $6024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Credit Card Fees $2976
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Memberships & Dues $2436
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Website Expenses $1319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank Service Charges $129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Supplies $64
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Meals $64
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Faucette
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FAIR Trade Group
ReturnHeader/Filer/BusinessNameControlTxt0FAIR
ReturnHeader/Filer/EIN0541721530
ReturnHeader/Filer/PhoneNum02027988526
ReturnHeader/Filer/USAddress/AddressLine1Txt01775 I St NW
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020006
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204026110
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fisher Ring LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05300 Dorsey Hall Drive Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ellicott City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021042
ReturnHeader/PreparerPersonGrp/PhoneNum04109951522
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sanford R Fisher CPA
ReturnHeader/ReturnTs02024-11-14T08:27:01-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,974
Liabilities
$0
Net assets
$23,974
Revenue
$103,950
Expenses
$157,717
Net income
-$53,767
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.10$1.41$1.55$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$1.04$1.58$0.54
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$1.73$1.71$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.00$0.64$0.36
2015Summary only. Only limited summary data is available for this year.$0.03$0.00$0.53$0.51$0.02
2013Summary only. Only limited summary data is available for this year.$0.15$0.00$0.87$0.81$0.06
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.74$0.85$0.12
2011Summary only. Only limited summary data is available for this year.$0.20$0.00$0.44$0.46$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)6 • <$500k nonprofits