Seattle Fair Trade

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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

1991

Legal Domicile

Principal Officer

Stacie Ford-Bonnelle

Phone

2065249223

Tax Period

2024-04-01 to 2025-01-31

Seattle Fair Trade, founded in 1991, is a micro nonprofit that reported $36K in total revenue in fiscal year 2024. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $90K exceeded revenue, resulting in a 153% operating deficit.

Mission

Seattle Fair Trade provides a vital fair income to local and global artisans by sharing their stories and selling their handcrafted goods.

Program Service Accomplishments

Program 1

Expenses: $71,166 Revenue: $35,736

Operation of a retail space, hosting events and pop-up markets around the area, showcasing work by local and regional artists and fair trade goods from around the world while fostering income and...

Operation of a retail space, hosting events and pop-up markets around the area, showcasing work by local and regional artists and fair trade goods from around the world while fostering income and recognition for the artisan makers. Seattle Fair Trade serves as a center for art and fair trade in the Roosevelt neighborhood of Seattle.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,261

Program Service Revenue $0

Investment Income $0

Other Revenue $14,475

TOTAL REVENUE $35,736

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,926

Fundraising Expenses $1,986

Program Expenses $71,166

Other Expenses $66,491

TOTAL EXPENSES $90,417

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,736	$131,474	-0.7%
Expenses	$90,417	$136,092	-0.3%
Net Income	$-54,681	$-4,618	+10.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacie Ford-Bonnelle	Chair	2.50	Officer Director	$0	$0	$0
Sibyl James	Vice Chair Secretary	6.00	Officer Director	$0	$0	$0
Cyndi Thomsen	Treasurer	2.50	Officer Director	$0	$0	$0
Katha Dalton	Marketing	1.25	Officer Director	$0	$0	$0
Jill Mosdell	Social Media	0.50	Officer Director	$0	$0	$0
Lishan ChenMou	Tech	0.10	Director	$0	$0	$0
Thi Quach	Finance, Branding	0.10	Director	$0	$0	$0
Mira Klein	Marketing and Research	0.10	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	$35,736	$90,417	No data	$-54,681
2024	$131,474	$136,092	$62,255	$-4,618
2023	$143,320	$186,332	$75,609	$-43,012
2022	$130,552	$172,409	$120,899	$-41,857
2021	$133,545	$149,458	$172,823	$-15,913
2020	$204,487	$180,753	$195,079	$23,734
2019	$217,834	$188,069	$171,127	$29,765