EIN 20-1348926

Mercado Global

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2022-06-01
Description
Mercado Global empowers indigenous women through job training programs, offering fair wage employment & connecting artisans with sales opportunities.
Total revenues
$1,240,427
2022
Total expenses
$1,218,398
2022
Total assets
$699,910
2022
Num. employees
0
2022

Program areas at Mercado Global

Economic empowerment programour economic empowerment program provides fair wage employment to over 300 indigenous women in guatemala by connecting their artisan cooperatives with sales opportunities at major u. s. companies. We educate women artisans on running community businesses including fair trade wages and rules, filing taxes, calculating costs, and opening bank accounts. We then set up sales orders with major international retailers so the artisans can immediately begin earning an income. Additionally, we provide tools such as floor looms and sewing machines through donor-funded microloans, and teach women how to use these advanced tools in technical training sessions.
Community partnership programwe seek to build mutual understanding and facilitate cultural exchange between artisan communities in guatemala and our supporter communities in the united states. Through the community partnership program, individuals from the u.s. visit communities in guatemala to see the impact of their support. Likewise, our current and past staff, volunteers and supporters act as fair trade ambassadors within their communities in the u.s. Through speaking engagements, community events and other awareness-raising functions.
Women's leadership & well being empowerment programin conjunction with our economic empowerment program, our community-based training program builds leadership skills, goal-setting, self-esteem, and conflict resolution skills among partner artisans. An in-house training coordinator holds recurring classes on these subjects and makes topics accessible for women with very low literacy levels who are learning to navigate business-ownership for the first time.
Design a difference programas pioneers in the sustainable-sourcing movement within the fashion industry, we educate leading u.s.-based designers about responsible sourcing through our design a difference program. Designers from major u.s. Fashion houses come to our guatemalan office to work alongside our artisans and learn about the impact that sustainable production has in these communities. In turn, the designers extend their expertise in product design and development directly to our artisans. Upon returning to the u.s., these designers are then able to share their knowledge and adopt sustainable practices within their companies. In this way we are reaching the people and institutions on the cutting edge of industry with first-hand experience empowering communities through responsible sourcing.

Who funds Mercado Global

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$235,000
Levi Strauss Foundation (LSF)To Provide General Support and Covid-19 Relief To Mercado Global's Economic Empowerment Model for Indigenous Women Artisans in Guatemala.$75,000
Schwab Charitable FundInternational, Foreign Affairs$38,200
...and 12 more grants received

Personnel at Mercado Global

NameTitleCompensation
Ruth Alvarez-DegoliaExecutive Director$0
Becky ChrismanOperations Director
Lidia GarciaGuatemala Operations Director
Brice LovellDirector of Development and Communications
Andrea LopezHead of Production
...and 8 more key personnel

Financials for Mercado Global

RevenuesFYE 06/2022
Total grants, contributions, etc.$838,895
Program services$400,158
Investment income and dividends$1,374
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,240,427

Form 990s for Mercado Global

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-07-18990View PDF
2020-062021-05-25990View PDF
2019-062021-01-21990View PDF
2018-062019-09-14990View PDF
...and 8 more Form 990s

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Data update history
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 12, 2023
Received grants
Identified 3 new grant, including a grant for $75,000 from Charities Aid Foundation of America
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2022
Received grants
Identified 5 new grant, including a grant for $60,000 from Levi Strauss Foundation (LSF)
November 30, 2021
Updated personnel
Identified 4 new personnel
Nonprofit Types
International-focused organizationsSchoolsCharities
Issues
EducationForeign affairsInternational development
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
254 36th St C308
Brooklyn, NY 11232
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
mercadoglobal.org/ 
Phone
(718) 838-9908
IRS details
EIN
20-1348926
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Q30: International Development, Relief Services
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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