Trade Fair Marketplace
Trade Fair Marketplace maintains stable finances with no reported officer compensation.
EIN: 205171572 · Huntsville, AL · NTEE: Q32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $7K |
| Program Spending | 90% |
| Net Assets | $39K |
| Transparency Score | 90/100 |
Is Trade Fair Marketplace Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trade Fair Marketplace directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trade Fair Marketplace
Trade Fair Marketplace (EIN: 205171572) is a nonprofit organization based in Huntsville, AL, classified under NTEE code Q32. The organization reported total revenue of $41K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trade Fair Marketplace's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trade Fair Marketplace is a micro nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $7K |
| Surplus / Deficit | +$8K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 53.5% |
| Months of Reserves | 68.3 months |
Financial Health Grade: A
In 2024, Trade Fair Marketplace reported a surplus of $8K with revenue exceeding expenses, holds 68.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Trade Fair Marketplace's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.3% | -62.8% | +20.8% |
| 2023 | -25.8% | +159.0% | -16.3% |
| 2022 | +21.6% | -59.2% | +31.5% |
| 2021 | -26.5% | +28.2% | -14.8% |
| 2020 | -24.9% | -45.8% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trade Fair Marketplace with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Trade Fair Marketplace allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly commendable for an organization of its size, ensuring funds are directed elsewhere.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Trade Fair Marketplace:
- Consistent 0% officer compensation, maximizing funds for mission.
- Strong financial stability with assets consistently exceeding liabilities.
- Regular and consistent IRS 990 filings, indicating good transparency.
- Positive net asset growth over several periods.
- Prudent expense management relative to revenue for a small organization.
Frequently Asked Questions about Trade Fair Marketplace
Is Trade Fair Marketplace a legitimate charity?
Based on AI analysis of IRS 990 filings, Trade Fair Marketplace (EIN: 205171572) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Trade Fair Marketplace spend its money?
Trade Fair Marketplace directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trade Fair Marketplace tax-deductible?
Trade Fair Marketplace is registered as a tax-exempt nonprofit (EIN: 205171572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Trade Fair Marketplace compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Trade Fair Marketplace is above average for NTEE category Q32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trade Fair Marketplace located?
Trade Fair Marketplace is headquartered in Huntsville, Alabama and files with the IRS under EIN 205171572. It is classified under NTEE code Q32.
How many years of IRS 990 filings does Trade Fair Marketplace have?
Trade Fair Marketplace has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $41K in total revenue.
Is Trade Fair Marketplace a good charity?
Based on the available financial data, Trade Fair Marketplace appears to be a good charity. It demonstrates strong financial stability, consistent transparency through regular 990 filings, and a highly efficient spending model with 0% officer compensation, meaning funds are likely maximized for its mission.
How does Trade Fair Marketplace manage its expenses relative to revenue?
Trade Fair Marketplace generally manages its expenses well, often keeping them below or close to revenue. For example, in 202406, revenue was $14,618 against expenses of $6,800. While there were periods where expenses exceeded revenue (e.g., 201706 with $46,665 expenses vs. $40,099 revenue), the organization has maintained positive net assets overall.
What is the trend in Trade Fair Marketplace's assets and liabilities?
The organization's assets have shown a general upward trend, from $19,952 in 201706 to $38,716 in 202406, indicating growth and financial health. Liabilities have consistently been very low, often $0 or $1,100, demonstrating strong balance sheet management.
Filing History
IRS 990 filing history for Trade Fair Marketplace showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Trade Fair Marketplace's revenue has declined by 68.5%, moving from $46K to $15K. Total assets decreased by 29.6% over the same period, from $55K to $39K. Total functional expenses fell by 83.7%, from $42K to $7K. In its most recent filing year (2024), Trade Fair Marketplace reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $15K | $7K | $39K | $0 | — | — |
| 2023 | $12K | $18K | $32K | $1K | — | View 990 |
| 2022 | $16K | $7K | $38K | $1K | — | View 990 |
| 2021 | $13K | $17K | $29K | $0 | — | — |
| 2020 | $18K | $14K | $34K | $1K | — | View 990 |
| 2019 | $24K | $25K | $30K | $1K | — | View 990 |
| 2018 | $24K | $15K | $30K | $1K | — | View 990 |
| 2017 | $40K | $47K | $20K | $1K | — | View 990 |
| 2016 | $19K | $39K | $31K | $1K | — | View 990 |
| 2015 | $34K | $31K | $46K | $1K | — | View 990 |
| 2014 | $32K | $37K | $43K | $1K | — | View 990 |
| 2013 | $32K | $40K | $45K | $570 | — | View 990 |
| 2012 | $46K | $42K | $55K | $570 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $15K, expenses of $7K, and assets of $39K (revenue +21.3% year-over-year).
- 2023: Revenue of $12K, expenses of $18K, and assets of $32K (revenue -25.8% year-over-year).
- 2022: Revenue of $16K, expenses of $7K, and assets of $38K (revenue +21.6% year-over-year).
- 2021: Revenue of $13K, expenses of $17K, and assets of $29K (revenue -26.5% year-over-year).
- 2020: Revenue of $18K, expenses of $14K, and assets of $34K (revenue -24.9% year-over-year).
- 2019: Revenue of $24K, expenses of $25K, and assets of $30K (revenue +2.4% year-over-year).
- 2018: Revenue of $24K, expenses of $15K, and assets of $30K (revenue -41.1% year-over-year).
- 2017: Revenue of $40K, expenses of $47K, and assets of $20K (revenue +106.6% year-over-year).
- 2016: Revenue of $19K, expenses of $39K, and assets of $31K (revenue -42.7% year-over-year).
- 2015: Revenue of $34K, expenses of $31K, and assets of $46K (revenue +5.5% year-over-year).
- 2014: Revenue of $32K, expenses of $37K, and assets of $43K (revenue +1.6% year-over-year).
- 2013: Revenue of $32K, expenses of $40K, and assets of $45K (revenue -31.9% year-over-year).
- 2012: Revenue of $46K, expenses of $42K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trade Fair Marketplace:
Data Sources and Methodology
This transparency report for Trade Fair Marketplace is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.