Civic Intelligence

F a I R Trade Group

990EZ • Fiscal year 2022 • EIN 54-1721530

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 27, 2023

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

45th percentile

0.00x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.00x

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

47th percentile

1.0%

Higher net margin than 47% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

79th percentile

$24,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

54th percentile

2.2%

Faster asset growth than 54% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

83rd percentile

73%

Faster revenue growth than 83% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$77,741

Up $1,670 (+2.2%) from 2021

Net Assets

Up

$77,741

Up $1,670 (+2.2%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin47th percentile

Revenue

Up

$172,933

Up $72,791 (+73%) from 2021

Expenses

Up

$171,263

Up $107,591 (+169%) from 2021

Net Income

Down

$1,670

Down $34,800 (-95%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth54th 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

2022

Assets$77,741
Liabilities$0
Net Assets$77,741
Open 2022 Filing

Operations Trend

Revenue Growth83rd 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

2022

Revenue$172,933
Expenses$171,263
Net Income$1,670
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$172,933
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
Hosted the first conference; 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.-$74,829
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael FaucetteExecutive DirectorPT$24,000-$24,000
Pati ColonDeputy DirectorPT$21,500-$21,500
Charles FowlerPresidentPT$0--
Robert PentaVice President-$0--
Phil HaneyDirector-$0--
Liz ConroyDirector-$0--
Cholly SteenDirector-$0--
Harry PakhanyanDirector-$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
2023-06-27
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 $270”

Other Expenses.1002

“Office Expenses $3172”

Other Expenses.1005

“Travel $3369”

Other Expenses.1012

“Insurance $2834”

Other Expenses.1

“Contractors $22500”

Other Expenses.2

“Speaker Expense $11967”

Other Expenses.3

“Memberships & Dues $3586”

Other Expenses.4

“Credit Card Fees $2821”

Other Expenses.5

“Website Expenses $1528”

Other Expenses.6

“A/V Equipment $1260”

Other Expenses.7

“Supplies $467”

Other Expenses.8

“License Fees $130”

Other Expenses.9

“Bad Debts $76”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $1 Prepaid Expenses and Deferred Charges - Ending $0”

Raw XML Appendix156 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
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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/BOYAmt076070
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt077741
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt018350
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01670
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt071082
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076071
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077741
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0172933
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt088001
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt076071
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077741
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt076071
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077741
IRS990EZ/OccupancyRentUtltsAndMaintAmt0701
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt024000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt121500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
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/PersonNm6Cholly Steen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Harry Pakhanyan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Deputy Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01
IRS990EZ/OtherExpensesTotalAmt053980
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/ProgramServiceRevenueAmt066582
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Hosted the first conference; 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074829
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt045500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0171263
IRS990EZ/TotalProgramServiceExpensesAmt074829
IRS990EZ/TotalRevenueAmt0172933
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0www.fairtradegroup.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $3369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $2834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors $22500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Speaker Expense $11967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Memberships & Dues $3586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Credit Card Fees $2821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Website Expenses $1528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9A/V Equipment $1260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies $467
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11License Fees $130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Bad Debts $76
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Prepaid Expenses and Deferred Charges - Beginning $1 Prepaid Expenses and Deferred Charges - Ending $0
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.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Faucette
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
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/ReturnTs02023-06-27T10:01:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Michael
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Faucette
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,741
Liabilities
$0
Net assets
$77,741
Revenue
$172,933
Expenses
$171,263
Net income
$1,670
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