Overview
What is Transfair Usa?
Transfair U.S.A., also known as Fair Trade USA, is a nonprofit organization based in Oakland, California. With a team of 141 employees, Fair Trade USA promotes sustainable production and ethical consumerism by certifying products that meet rigorous economic, environmental, and social criteria. These standards, which are independently audited, ensure that producers, often farm workers and fishermen, receive fair wages and work in safe conditions. In 2022, 85 new partners joined the Fair Trade USA ecosystem, catering to the growing consumer demand for responsibly sourced goods. Today, over 12,500 products carry the Fair Trade-certified seal, helping consumers make choices that align with their values. Fair Trade USA's mission is to eliminate poverty and foster sustainable development for communities worldwide.
Official website here: www.fairtradecertified.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
Transfair USA has achieved an impressive Four-Star rating from Charity Navigator, with an overall score of 99%. This rating reflects the organization's strong accountability and finance metrics, particularly highlighted by a perfect score of 100 in the Accountability & Finance category. Key strengths include a fully independent board and a high program expense ratio of 78.27%, which indicates that a significant portion of its funds is directed toward its mission.
User feedback from GreatNonprofits consistently praises Transfair USA for its impactful role in promoting Fair Trade practices. Reviewers highlight the organization's effectiveness in improving the lives of communities in Latin America through sustainable development initiatives. Many donors express a deep appreciation for the connection they feel with producers, noting how Fair Trade enhances both the lives of farmers and consumer awareness.
While the organization has received overwhelmingly positive feedback, there may be areas for continued growth, particularly in further establishing its presence and educational initiatives in more communities. Overall, Transfair USA is recognized for its commitment to fostering equitable trade practices and empowering individuals through Fair Trade certification.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Transfair Usa legitimate?
Transfair Usa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transfair Usa submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,001,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,021,106
For more financial information, click here
Official website here: www.fairtradecertified.org
What is the mission statement of Transfair Usa?
Transfair USA functions as a pioneering entity in promoting responsible business practices and conscious consumerism through fair trade certification. By implementing comprehensive economic, environmental, and stringent social criteria for certification, Transfair USA aims to eradicate poverty and foster sustainable development for farmers, workers, and their communities worldwide. As consumer preference shifts towards ethically sourced products, Transfair USA's role in verifying responsible supply chains and offering a seal of approval has become increasingly significant. In the past year, over 85 new partners joined the organization, reflecting the growing demand for supply chain resilience. With over 12,500 products carrying the Fair Trade-certified seal, Transfair USA simplifies the process of choosing products that align with consumers' values. The fair trade coffee industry experienced a strong growth rate of 16%, and consumer packaged goods have shown consistent growth, with a 9% year-over-year increase.
Official website here: www.fairtradecertified.org
Who is the CEO of Transfair Usa?
Paul Rice is the Ceo of Transfair Usa. The CEO's salary of Transfair Usa is $440,700 and their total compensation is $481,394.
Official website here: www.fairtradecertified.org
What is the revenue of Transfair Usa?
Transfair Usa's revenue in 2022 was $25,129,565.
Official website here: www.fairtradecertified.org
Who are the executives of Transfair Usa and what are their salaries?
The average compensation at Transfair Usa during 2022 was $92,359. There are 141 employees and 24 volunteers at Transfair Usa.
Here are 22 key members and their salaries (Transfair Usa's CEO's salary is $440,700 and their total compensation is $481,394):
- Compensation: $440,700
- Related: $0
- Other: $40,694
- Compensation: $328,094
- Related: $0
- Other: $11,251
- Compensation: $290,000
- Related: $0
- Other: $53,533
- Compensation: $284,550
- Related: $0
- Other: $18,874
- Compensation: $242,043
- Related: $0
- Other: $30,529
- Compensation: $219,057
- Related: $0
- Other: $42,256
- Compensation: $204,958
- Related: $0
- Other: $24,550
- Compensation: $187,556
- Related: $0
- Other: $46,361
- Compensation: $194,396
- Related: $0
- Other: $15,342
- Compensation: $175,730
- Related: $0
- Other: $27,169
- Compensation: $107,235
- Related: $0
- Other: $9,899
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fairtradecertified.org
Where can I find the form 990 for Transfair Usa?
Transfair Usa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairtradecertified.org
Learn more at the official website: www.fairtradecertified.org
Mission Statement of Transfair Usa
Transfair USA, a leading certifier of fair trade products, is dedicated to promoting an innovative model of sustainable production, conscious consumerism, and shared value. Through its rigorous certification process, the organization ensures that farmers, workers, fishermen, and producers around the world receive fair wages and safe working conditions. The fair trade certified label, which reflects Transfair USA's mission, combines economic, environmental, and social criteria that are independently audited.
Transfair USA is not just building a responsible business model; it is also enabling sustainable development for communities in need. The certification process empowers producers to improve their livelihoods and provides consumers with the opportunity to make purchasing decisions that align with their values. With the addition of 85 new partners in 2022, Transfair USA's ecosystem of producers, consumers, and the market is more promising than ever.
Over 12,500 products carry the Fair Trade-certified seal, making it easier for people to identify and purchase goods that are sourced responsibly, produced fairly, and sustainably. Consumer packaged goods, in particular, have seen a growth of 9% year-over-year, reflecting the increasing demand for ethically sourced products. Transfair USA's fair trade coffee continued its growth at 16%, underscoring the global shift towards responsible and sustainable production.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Transfair USA has significantly influenced the landscape of fair trade by establishing the Fair Trade Certified label, which encompasses a comprehensive set of economic, environmental, and social criteria that are subject to rigorous independent audits. This framework promotes sustainable production methods and conscious consumerism, effectively enhancing the livelihoods of farm workers, fishermen, and producers globally.
In 2022, Transfair USA expanded its reach by adding 85 new partners, reflecting a growing commitment from companies to invest in fair trade certification and respond to consumer demand for responsibly sourced products. This has resulted in over 12,500 products now carrying the Fair Trade Certified seal, making it easier for consumers to choose items that align with their values.
The organization’s impact is evident in the impressive growth of fair trade coffee, which saw a 16% increase, alongside a 9% year-over-year growth in consumer packaged goods, showcasing a robust trend towards ethical consumption. By fostering an interconnected ecosystem among producers, consumers, and the marketplace, Transfair USA is creating a promising avenue for shared value that not only elevates individual lives but also contributes to a sustainable future for communities worldwide.
This information is meant to be a general summary of Transfair Usa. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $22,280,407
- Gross Receipts: $25,129,565
Assets and Liabilities:
- Total Assets: $17,798,832
- Total Liabilities: $3,650,286
- Net Assets: $14,148,546
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$22,221,565
CONSULTING FEES
Revenue
$58,842
Organization Details
Founding Year
1996
Phone
(510) 663-5260Principal Officer
Paul Rice
Main Address
360 GRAND AVE 311, OAKLAND, CA, 946104840
Website
www.fairtradecertified.orgNTEE Category
Code: Q30 - International
If you are a representative of Transfair Usa and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.