Overview
What is Fair Labor Association?
The Fair Labor Association (FLA) is a nonprofit organization situated in Washington D.C., specifically at 2033 K ST NW 400. Their core mission revolves around promoting accountability and improving workers' lives by ensuring that companies adhere to international labor standards in their supply chains. FLA accreditation serves as a benchmark for investors and consumers, providing assurance that a company is committed to protecting workers' rights and social responsibility. This comprehensive program aligns with the International Labor Organization standards, the U.N. Guiding Principles, and the Organization for Economic Cooperation and Development Guiding Principles for Responsible Business Conduct. By earning FLA accreditation, a company demonstrates its understanding of the impact of business practices on workplace conditions in its supply chain and its commitment to preventing workplace abuses, as well as remedying any violations that occur. Essentially, the FLA's mission is to protect workers' rights and enhance working conditions worldwide, benefiting more than five million workers in factories and farms affiliated with the organization.
Official website here: www.fairlabor.org
What are the reviews and ratings of this charity?
**Fair Labor Association Rating: 93% (Four-Star out of Four Stars)**
The Fair Labor Association (FLA) has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The score is based entirely on the Accountability & Finance category, indicating a high level of transparency and efficient use of funds. With a 100% independent board, effective oversight mechanisms, and compliance with vital policies such as conflict of interest and whistleblower protections, the organization shows a robust governance structure.
Key strengths noted in the rating include a significant program expense ratio of over 74%, illustrating that a large portion of its budget is directed toward mission-related activities. Despite some issues with transparency, such as the absence of tax forms on its website, the FLA demonstrates a solid financial foundation with no reported material diversion of assets. This positioning indicates its capability to effectively contribute to improving labor conditions worldwide.
Unfortunately, specific user reviews from GreatNonprofits are not available at this time, which limits insights into public perception and satisfaction with the FLA's programming and services. Nonetheless, the high rating from Charity Navigator establishes a noteworthy confidence in the organization’s operations and goals.
This AI summary has been generated from information found on Charity Navigator.
Is Fair Labor Association legitimate?
Fair Labor Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair Labor Association 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: $737,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,748,867
For more financial information, click here
Official website here: www.fairlabor.org
What is the mission statement of Fair Labor Association?
The Fair Labor Association (FLA) has a mission to safeguard workers' rights and improve working conditions globally, benefiting over five million workers in affiliated factories and farms worldwide. The organization's primary objective is to ensure that companies adhere to international labor standards in their supply chains, which may lead to accreditation of their programs by the FLA. This accreditation signifies a commitment to understanding the impact of business practices on workplace conditions, implementing effective systems to prevent workplace abuses, and remedying any violations that occur. The FLA serves as a reliable resource for investors and consumers to make informed decisions, offering a comprehensive program that aligns with the International Labor Organization's standards, United Nations Guiding Principles, and the Organization for Economic Cooperation and Development's Guiding Principles for Responsible Business Conduct.
Official website here: www.fairlabor.org
Who is the CEO of Fair Labor Association?
Sharon Waxman is the Chair of Fair Labor Association. The CEO's salary of Fair Labor Association is $319,154 and their total compensation is $340,402.
Official website here: www.fairlabor.org
What is the revenue of Fair Labor Association?
Fair Labor Association's revenue in 2022 was $8,250,097.
Official website here: www.fairlabor.org
Who are the executives of Fair Labor Association and what are their salaries?
The average compensation at Fair Labor Association during 2022 was $116,215. There are 30 employees and 19 volunteers at Fair Labor Association.
Here are 29 key members and their salaries (Fair Labor Association's CEO's salary is $319,154 and their total compensation is $340,402):
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- Compensation: $319,154
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- Compensation: $162,150
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- Compensation: $122,931
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- Compensation: $115,000
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- Other: $24,641
- Compensation: $117,473
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- Other: $13,279
- Compensation: $110,587
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- Other: $11,712
Official website here: www.fairlabor.org
Where can I find the form 990 for Fair Labor Association?
Fair Labor Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairlabor.org
Learn more at the official website: www.fairlabor.org
Mission Statement of Fair Labor Association
The Fair Labor Association (FLA) is an organization dedicated to improving workplace conditions and eliminating sweatshop practices worldwide. Their mission is centered around protecting workers' rights and enhancing working conditions for over five million workers in factories and farms affiliated with them. The FLA's primary objective is to ensure that companies adhere to international labor standards in their supply chains.
To achieve this, the FLA offers accreditation to companies that demonstrate compliance with these international labor standards. This accreditation is considered the gold standard for a systems approach to protecting workers' rights and promoting social responsibility. It serves as a basis for investors and consumers to make informed decisions about investing and purchasing, as it represents a company's commitment to understanding the impact of its business practices on workplace conditions in its supply chain and to having effective systems in place to prevent workplace abuses. Companies that attain FLA accreditation have demonstrated their commitment to remedying any violations that may occur. The FLA's accreditation program aligns with the International Labor Organization standards, the United Nations Guiding Principles, and the Organization for Economic Cooperation and Development Guiding Principles for Responsible Business Conduct.
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Impact
July, 2024
The Fair Labor Association's impact lies in its mission to protect workers' rights and enhance working conditions globally for over five million workers in the factories and farms of its affiliates. By accrediting companies that adhere to international labor standards in their supply chains, the FLA establishes a gold standard for promoting workers' rights and social responsibility. This accreditation not only encourages accountability but also enables investors and consumers to make informed investing and purchasing decisions. Through its comprehensive program aligned with key international standards and principles, the FLA plays a crucial role in fostering ethical business practices and preventing workplace abuses.
This information is meant to be a general summary of Fair Labor Association. 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.
- Investment Income: $960
- Program Service Revenue: $8,173,258
- Gross Receipts: $8,250,097
Assets and Liabilities:
- Total Assets: $13,549,056
- Total Liabilities: $7,261,520
- Net Assets: $6,287,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE FEES
Revenue
$5,949,841
SPECIAL PROJECTS
Revenue
$1,297,961
ASSESSMENT FEES
Revenue
$698,315
REDIRECT FEES
Revenue
$151,728
SUBSCRIPTIONS
Revenue
$53,000
Organization Details
Founding Year
1999
Phone
(202) 898-1000Principal Officer
Sharon Waxman
Main Address
2033 K ST NW 400, WASHINGTON, DC, 20006
Website
www.fairlabor.orgNTEE Category
Code: Q015 - International
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