EIN 20-1930681

Fair Factories Clearinghouse (FFC)

Name: Fair Factories Clearinghouse (FFC) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Lexington

State

Massachusetts

Year formed

2004

Most recent tax filings

2023-12-01

NTEE code, primary

S40: Business and Industry

Description

Fair Factories Clearinghouse (FFC) provides members with the tools to enable ethical, cost-effective, and conscious supply chain and sourcing decisions based on factory audits, environmental compliance, and industry data collection efforts. Technology enables cost-effective, well-informed ethical business transactions and continuous improvements in global workplaces. Their collaborative technology facilitates continuous improvements in social, environmental and security standards - and safe, humane working conditions for workers - making consumer goods globally.

Also known as...

Abbott and Com

Total revenues

$3,035,776

2023

Total expenses

$1,938,811

2023

Total assets

$916,377

2023

Num. employees

2023

Program areas at FFC

Provide software and services to individual member companies serious about supply chain compliance: Beenfits of the software include cost effective and configurable solutions tha can easily fit FFC to members existing processes.

Founding SLCP Acrredited host to help drive a single verified supplier self-assessment in the footwear and apparel industries: FFC invented a way to map a verified SLCP against a company supplier code of conduct automatically created a CAP.

Provide unique software and services to other non-profit organizations to help them better perform their missions: Benefit of this software is to amplify FFCs voice in new ways and in other industries. 10 clones of FFC technology have been implemented in the last 10 years.

Personnel at FFC

Name	Title	Compensation	Date of data
Sheetal Parikh	Chief Technology Officer		2024-10-04
Mark McDonough	Head of Pmo and Data Protection Officer	$104,992	2024-10-04
Peter Burrows	Executive Director	$127,813	2024-10-04
Julie McCarthy	Senior Manager of Member Services		2024-10-04
Balaji Soundararajan (Bala)	Product Manager		2024-10-04
...and 12 more key personnel

Financials for FFC

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$687,131	$292,288	135.1%
Program services	$962,281	$2,323,166	-58.6%
Investment income and dividends	$5,864	$0	999%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$1,380,500	$0	999%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$3,035,776	$2,615,454	16.1%

Form 990s for FFC

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-06-20	990	View PDF
2022-12	2023-05-11	990	View PDF
2021-12	2022-10-10	990	View PDF
2020-12	2021-05-20	990	View PDF
2019-12	2021-01-21	990	View PDF
...and 11 more Form 990s

Organizations like FFC

Organization	Type	Location	Revenue
National Fenestration Rating Council Incorporated (NFRC)	501(c)(3)	Greenbelt, MD	$6,909,369
Citec	501(c)(3)	Potsdam, NY	$1,011,613
Oklahoma Manufacturing Alliance	501(c)(3)	Tulsa, OK	$4,069,578
Catalyst Connection	501(c)(3)	Pittsburgh, PA	$9,741,282
NCW Technology Alliance	501(c)(3)	Wenatchee, WA	$931,171
New Jersey Manufacturing Extension Program Incorporated	501(c)(3)	Cedar Knolls, NJ	$10,234,669
Combined Coordinating Council	501(c)(3)	New York, NY	$1,907,230
Northern California World Trade Center	501(c)(3)	Sacramento, CA	$845,535
Employers' Forum of Indiana	501(c)(3)	Carmel, IN	$1,214,861
United States Energy Association (USEA)	501(c)(3)	Washington, DC	$13,187,715

Data update history

October 4, 2024

Updated personnel

Identified 2 new personnel

August 15, 2024

Posted financials

Added Form 990 for fiscal year 2023

February 20, 2024

Posted financials

Added Form 990 for fiscal year 2022

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 3, 2023

Updated personnel

Identified 1 new personnel

Nonprofit Types

Trade associationsBusiness and community development organizationsCharities

Issues

Science and technologyHuman servicesBusiness and industry

Characteristics

MembershipsOperates internationallyTax deductible donationsAccepts online donations

General information

Address: 1 Militia Dr Suite 202; Lexington, MA 02421
Metro area: Boston-Cambridge-Newton, MA-NH
County: Middlesex County, MA
Website URL: fairfactories.org/
Phone: (888) 332-6461
Facebook page: fair-factories-clearinghouse
Twitter profile: @fairfactories

IRS details

EIN: 20-1930681
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2004
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: S40: Business and Industry
NAICS code, primary: 813910: Trade Associations
Parent/child status: Independent

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Fair Factories Clearinghouse (FFC)

Program areas at FFC

Personnel at FFC

Financials for FFC

Form 990s for FFC

Organizations like FFC

Nonprofits

Product

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