The Little Market Inc
Nonprofit profile at a glance
- EIN
- 812328759
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9492326352
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $29,506
- Expenses
- $31,957
- Assets
- $18,453
- Liabilities
- $983
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- HANNAH TAYLOR (CHAIR AND DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The little market is a 501(c)(3) nonprofit organization that supports the reach of artisan-made goods from underserved communities around the world and raises awareness about fair trade and human rights. We focus on connecting artisan and producer groups with larger retailers and buyers. In an effort to support the artisan and producer groups we have worked with, we will connect clients directly to the individual groups.
What it reported doing in 2024
Little market covered essential operational costs to keep its website active and functional. Maintaining the site allowed us to continue supporting previous customers with questions related to the closure, assist interested buyers seeking to connect with artisan and producer groups, facilitate orders for remaining artisan goods, and address other inquiries as we wound down operations. These funds supported key expenses, including monthly website fees, work performed by three regular consultants, outstanding gift card refunds, and necessary accounting and legal services.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 100
- Sustainability: 34
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.9%; rating input score 23
- Program expense ratio: 21.2%; rating input score 21
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -8.3%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -160.8% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -16.5% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -26.9% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 22.9% of revenue deployed · 21.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 23/100.
- High — Financial Efficiency: Program expense ratio scored 21/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.