Chicago Fair Trade

EIN: 020776317 501(c)(3) Education

Chicago, IL

Total Revenue
$505,750
Total Expenses
$535,285
Total Assets
$81,368
Net Assets
$70,017
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
IL
Principal Officer
Katherine Bissell Cordova
Phone
8723561202
Tax Period
2023-07-01 to 2024-06-30

Chicago Fair Trade, founded in 2006, is a small nonprofit in the Education sector that reported $506K in total revenue in fiscal year 2023. Revenue surged 102% from the prior year, signaling strong growth momentum.

Mission

Chicago Fair Trade cultivates a community dedicated to an economy that values the labor & dignity of all people. CFT is the largest grassroots fair trade coalition in the United States. We increase support for economic and environmental justice through consumer education advocacy and promotion of local fair trade businesses. Were proud to be a local and national leader in raising awareness about and building support for fair trade and its principles of environmental sustainability ethical production methods fair wages and safe working conditions.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $134,865
Program Service Revenue $370,525
Investment Income $47
Other Revenue $313
TOTAL REVENUE $505,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,057
Fundraising Expenses $63,694
Program Expenses $423,772
Other Expenses $349,228
TOTAL EXPENSES $535,285

Year-over-Year Comparison

2023 2022 Change
Revenue $505,750 $250,762 +1.0%
Expenses $535,285 $269,659 +1.0%
Net Income $-29,535 $-18,897 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
9
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$70,725
Total Directors
15
$74,950
Key Employees
1
$70,725
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine Bissell Cordova Director 40.00
Officer Director Key Emp
$70,725 $0 $70,725
Jerome McDonnell Board Member 1.00
Director
$0 $0 $0
Antonio Fuller Board Member 1.00
Director
$0 $0 $0
Rahel Williams Board Member 1.00
Director
$0 $0 $0
Sarah Faur Board Member 1.00
Director
$0 $0 $0
Michelle Thomas Director 1.00
Director
$0 $0 $0
Jocelyn Leitzinger Director 1.00
Director
$0 $0 $0
Maranda Leigh Co-Chair 1.00
Officer Director
$0 $0 $0
Bernadette Aguilar Secretary 1.00
Officer Director
$0 $0 $0
Stacy Neier Baran Director 1.00
Director
$0 $0 $0
Sheri Cohen Director 1.00
Director
$0 $0 $0
Robbie Klinger Treasurer 1.00
Officer Director
$0 $0 $0
Rene Edde Director 1.00
Director
$0 $0 $0
Bethany Collins Director 1.00
Director
$4,225 $0 $4,225
Taylor McCleneghan Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $505,750 $535,285 $81,368 $-29,535
2023 $250,762 $269,659 $109,920 $-18,897
2022 $235,986 $195,711 $128,348 $40,275
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