Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Ethical Trading Company
990EZ • Fiscal year 2020 • EIN 82-2946211
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.05x
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
20th percentile
Higher net margin than 20% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 54.3% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$57,412
Up $3,876 (+7.2%) from 2019
Net Assets
Down-$60,494
Down $3,841 (-6.8%) from 2019
Liabilities
Up$117,906
Up $7,717 (+7.0%) from 2019
Revenue And Expenses
Revenue
Up$82,044
Up $46,205 (+129%) from 2019
Expenses
Up$100,628
Up $17,966 (+22%) from 2019
Net Income
Up-$18,584
Up $28,239 (+60%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Sep 8, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $128,935
Mission and Program Overview
Mission
A socially conscious entity that strives to create jobs that give hope and provide a future to people that live in economically challenged areas in the united states and around the world.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ETHICAL TRADING COMPANY IS WORKING TO END HUMAN TRAFFICKING. WE DO THIS BY IMPORTING, MARKETING, AND SELLING PRODUCTS FROM SUPPLIERS AND ORGANIZATIONS THAT CREATE JOBS AS A WAY TO PREVENT HUMAN TRAFFICKING. WE BELIEVE THAT BY BRINGING SUSTAINABLE JOBS AND INCOME INTO VILLAGES AND TOWNS WHERE WOMEN AND GIRLS ARE MOST AT RISK WE WILL BE ABLE TO END THE CYCLE OF POVERTY AND TRAFFICKING ONCE AND FOR ALL.WE SPECIFICIALLY WORK WITH SUPPLIERS WHO NOT ONLY PROVIDE MONETARY SUPPORT BUT ALSO HELP WITH NON-FINANCIAL NEEDS LIKE TRAINING, CHILD EDUCATION, RETIREMENT, AND CHILD CARE. WE THINK A HOLISTIC APPROACH IS KEY TO KEEPING THESE WOMAN AND FUTURE GENERATIONS FROM BEING TRAFFICKED. OVER THE PAST FOUR YEARS WE HAVE REALIZED THAT THE NEEDS OF THESE WOMEN AND GIRLS IS MUCH GREATER THAN WE ANTICIPATED. TO THAT END WE CONTINUE TO SUPPORT OUR CURRENT SUPPLIERS BUT WOULD LIKE TO ADD MORE, DOING SO EXPANDS OUR REACH AND MAGNIFIES OUR IMPACT. | $933 | $69,276 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES FERRETT | Chair/Chief Executive Officer | FT | $44,590 | - | $44,590 |
| MANUEL RAMMINGER | Vice-Chair | FT | $4,954 | - | $4,954 |
| KELLY FERRETT | Secretary | PT | $0 | - | - |
| CHRIS LANSER | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Ethical Trading Company
- EIN
- 82-2946211
- Phone
- 6084676331
- Address
- 821 E WASHINGTON AVE NO 200, MADISON, WI 53703-4647
Signing Officer
- Name
- James Ferrett
- Title
- Chair/chief Executive Officer
- Phone
- 6084676331
- Signed
- 2021-09-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wegner Cpas Llp
- Address
- 2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
- Preparer
- Amanda Vannatta CPA
- Phone
- 6082744020
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 490.”
Form 990-ez, Part I, Line 7 - Sales of Inventory
“Income: gross receipts: 47,964. Returns and allowances: 0. Less cost of goods sold: 46,891. Gross profit: 1,073. Cost of goods sold: inventory at beginning of year: 44,864. Merchandise purchased: 29,430. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 27,403. Cost of goods sold: 46,891.”
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: other income. Amount: 2,225.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: conferences, conventions, and meetings. Amount: 206. Description: interest. Amount: 5,427. Description: information technology. Amount: 7,209. Description: office expenses. Amount: 13,684. Description: advertising. Amount: 3,616. Description: travel. Amount: 1,807. Description: miscellaneous. Amount: 280. Total to form 990-ez, line 16: 32,229.”
Form 990-ez, Part I, Line 20 - Other Changes in Net Assets
“Description: prior period adjustments. Amount: 14,743.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 175. End of year amount: 0. Description: inventories for sale or use. Beg. Of year amount: 44,864. End of year amount: 27,403. Description: equipment. Beg. Of year amount: 2,158. End of year amount: 2,158. Description: other asset. Beg. Of year amount: 206. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 82,089. End of year amount: 47,206. Description: loans and payables to current officers. Beg. Of year amount: 23,100. End of year amount: 23,100. Description: notes and loans payable to unrelated third parties. Beg. Of year amount: 5,000. End of year amount: 10,000. Description: covid-19 economic injury disaster loan. Beg. Of year amount: 0. End of year amount: 36,600. Description: paycheck protection program loan. Beg. Of year amount: 0. End of year amount: 1,000.”
Raw XML Appendix198 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JAMES FERRETT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6084676331 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 821 E WASHINGTON AVE NO 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MADISON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 537034647 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 6133 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 27851 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 78256 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 46891 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18584 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4943 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 53536 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 57412 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 933 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 1073 |
| IRS990EZ/GrossReceiptsAmt | 0 | 128935 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 47964 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 490 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 23100 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -56653 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -60494 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -56653 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -60494 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9402 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 44590 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 4954 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES FERRETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MANUEL RAMMINGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KELLY FERRETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHRIS LANSER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR/CHIEF EXECUTIVE OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 47403 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 29561 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 14743 |
| IRS990EZ/OtherEmployeePaidOver100kCnt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32229 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2225 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | A SOCIALLY CONSCIOUS ENTITY THAT STRIVES TO CREATE JOBS THAT GIVE HOPE AND PROVIDE A FUTURE TO PEOPLE THAT LIVE IN ECONOMICALLY CHALLENGED AREAS IN THE UNITED STATES AND AROUND THE WORLD. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 3577 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ETHICAL TRADING COMPANY IS WORKING TO END HUMAN TRAFFICKING. WE DO THIS BY IMPORTING, MARKETING, AND SELLING PRODUCTS FROM SUPPLIERS AND ORGANIZATIONS THAT CREATE JOBS AS A WAY TO PREVENT HUMAN TRAFFICKING. WE BELIEVE THAT BY BRINGING SUSTAINABLE JOBS AND INCOME INTO VILLAGES AND TOWNS WHERE WOMEN AND GIRLS ARE MOST AT RISK WE WILL BE ABLE TO END THE CYCLE OF POVERTY AND TRAFFICKING ONCE AND FOR ALL.WE SPECIFICIALLY WORK WITH SUPPLIERS WHO NOT ONLY PROVIDE MONETARY SUPPORT BUT ALSO HELP WITH NON-FINANCIAL NEEDS LIKE TRAINING, CHILD EDUCATION, RETIREMENT, AND CHILD CARE. WE THINK A HOLISTIC APPROACH IS KEY TO KEEPING THESE WOMAN AND FUTURE GENERATIONS FROM BEING TRAFFICKED. OVER THE PAST FOUR YEARS WE HAVE REALIZED THAT THE NEEDS OF THESE WOMEN AND GIRLS IS MUCH GREATER THAN WE ANTICIPATED. TO THAT END WE CONTINUE TO SUPPORT OUR CURRENT SUPPLIERS BUT WOULD LIKE TO ADD MORE, DOING SO EXPANDS OUR REACH AND MAGNIFIES OUR IMPACT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 933 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 69276 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 49544 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 110189 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 117906 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 100628 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 69276 |
| IRS990EZ/TotalRevenueAmt | 0 | 82044 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ETHICALTRADECO.COM |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE 2017 COLUMN ON SCHEDULE A, PART II REPRESENTS THE INITIAL TAX YEAR BEGINNING SEPTEMBER 14, 2017 AND ENDING DECEMBER 31, 2017. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A, PART II, 2017 COLUMN |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 78256 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 38449 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2731 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 119436 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 490 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 179 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 669 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 198046 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 66221 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 53215 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 78256 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 38449 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2731 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 119436 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 120105 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 15000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 1 | 8100 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 1 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 1 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | CASHFLOW |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 1 | CASHFLOW |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 1 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 15000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 1 | 9577 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | CHRIS LANSER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 1 | JAMES AND KELLY FERRETT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | BOARD TREASURER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 1 | BOARD CHAIR/CHIEF EXECUTIVE OFFICER AND BOARD SECRETARY |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 1 | 1 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 23100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 490. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | INCOME: GROSS RECEIPTS: 47,964. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 46,891. GROSS PROFIT: 1,073. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 44,864. MERCHANDISE PURCHASED: 29,430. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 27,403. COST OF GOODS SOLD: 46,891. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: OTHER INCOME. AMOUNT: 2,225. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: CONFERENCES, CONVENTIONS, AND MEETINGS. AMOUNT: 206. DESCRIPTION: INTEREST. AMOUNT: 5,427. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 7,209. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 13,684. DESCRIPTION: ADVERTISING. AMOUNT: 3,616. DESCRIPTION: TRAVEL. AMOUNT: 1,807. DESCRIPTION: MISCELLANEOUS. AMOUNT: 280. TOTAL TO FORM 990-EZ, LINE 16: 32,229. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: PRIOR PERIOD ADJUSTMENTS. AMOUNT: 14,743. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 175. END OF YEAR AMOUNT: 0. DESCRIPTION: INVENTORIES FOR SALE OR USE. BEG. OF YEAR AMOUNT: 44,864. END OF YEAR AMOUNT: 27,403. DESCRIPTION: EQUIPMENT. BEG. OF YEAR AMOUNT: 2,158. END OF YEAR AMOUNT: 2,158. DESCRIPTION: OTHER ASSET. BEG. OF YEAR AMOUNT: 206. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 82,089. END OF YEAR AMOUNT: 47,206. DESCRIPTION: LOANS AND PAYABLES TO CURRENT OFFICERS. BEG. OF YEAR AMOUNT: 23,100. END OF YEAR AMOUNT: 23,100. DESCRIPTION: NOTES AND LOANS PAYABLE TO UNRELATED THIRD PARTIES. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 10,000. DESCRIPTION: COVID-19 ECONOMIC INJURY DISASTER LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 36,600. DESCRIPTION: PAYCHECK PROTECTION PROGRAM LOAN. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES FERRETT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR/CHIEF EXECUTIVE OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6084676331 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-09-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ETHICAL TRADING COMPANY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ETHI |
| ReturnHeader/Filer/EIN | 0 | 822946211 |
| ReturnHeader/Filer/PhoneNum | 0 | 6084676331 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 821 E WASHINGTON AVE NO 200 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MADISON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 537034647 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390974031 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WEGNER CPAS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2921 LANDMARK PL STE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MADISON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 537134236 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6082744020 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMANDA VANNATTA CPA |
| ReturnHeader/ReturnTs | 0 | 2021-09-09T15:04:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAMES |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | FERRETT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
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Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $57,412
- Liabilities
- $117,906
- Net assets
- -$60,494
- Revenue
- $82,044
- Expenses
- $100,628
- Net income
- -$18,584