Nonprofit · EIN 82-2946211
FIVE24 INC
Tax-exempt · MADISON, WI 53714
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $78,009 | $123,635 | -$45,626 | $75,749 | $170,340 | -$94,591 |
| December 31, 2023 | 990-EZ | $123,425 | $113,920 | $9,505 | $134,818 | $182,400 | -$47,582 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $69,312
- Investment income
- $2,146
- Net income from sales of inventory
- $4,289
- Other revenue
- $2,262
Expenses
- Grants and similar amounts paid
- $1,671
- Compensation of officers, directors and key employees
- $61,406
- Salaries, compensation and benefits (total)
- $61,406
- Professional fees and payments to contractors
- $10,303
- Occupancy
- $3,490
- Printing, publications and postage
- $6,950
- Other expenses
- $39,815
- Program services (functional)
- $91,105
Balance sheet and other
- Total assets, start of year
- $134,818
- Total assets, end of year
- $75,749
- Total liabilities, end of year
- $170,340
- Net assets, end of year
- -$94,591
- Cash, savings and investments
- $61,557
- Gross receipts
- $179,482
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FERRETT | PRESIDENT/CEO | 40 | $45,424 |
| MANUEL RAMMINGER | TREASURER | 20 | $15,982 |
| KELLY FERRETT | SECRETARY | 5 | $0 |
| STACI MARRESE-WHEELER | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES FERRETT | PRESIDENT/CEO | 40 | $49,647 |
| MANUEL RAMMINGER | TREASURER | 20 | $12,576 |
| KELLY FERRETT | SECRETARY | 5 | $2,374 |
Address and contacts
- Address (IRS master file)
- 3565 TULANE AVE, MADISON, WI 53714-2334
- Signed the 990-EZ
- JAMES FERRETT, PRESIDENT/CEO
- Phone
- (608) 467-6331
- Website
- ETHICALTRADECO.COM
- Return prepared by
- WEGNER CPAS LLP
Mission
A SOCIALLY CONSCIOUS ENTITY THAT STRIVES TO CREATE JOBS THAT GIVE HOPE AND PROVIDE A FUTURE TO PEOPLE THAT LIVE IN ECONOMICALLY CHALLENGED AREAS IN THE UNITED STATES AND AROUND THE WORLD.
Program accomplishments
- ETHICAL TRADING COMPANY IS WORKING TO END HUMAN TRAFFICKING. WE DO THIS BY IMPORTING, MARKETING, AND SELLING PRODUCTS FROM SUPPLIERS AND ORGANIZATIONS THAT CREATE JOBS AS A WAY TO PREVENT HUMAN TRAFFICKING. WE BELIEVE THAT BY BRINGING SUSTAINABLE JOBS AND INCOME INTO VILLAGES AND TOWNS WHERE WOMEN AND GIRLS ARE MOST AT RISK WE WILL BE ABLE TO END THE CYCLE OF POVERTY AND TRAFFICKING ONCE AND FOR ALL. WE SPECIFICIALLY WORK WITH SUPPLIERS WHO NOT ONLY PROVIDE MONETARY SUPPORT BUT ALSO HELP WITH NON-FINANCIAL NEEDS LIKE TRAINING, CHILD EDUCATION, RETIREMENT, AND CHILD CARE. WE THINK A HOLISTIC APPROACH IS KEY TO KEEPING THESE WOMAN AND FUTURE GENERATIONS FROM BEING TRAFFICKED. OVER THE PAST FOUR YEARS WE HAVE REALIZED THAT THE NEEDS OF THESE WOMEN AND GIRLS IS MUCH GREATER THAN WE ANTICIPATED. TO THAT END WE CONTINUE TO SUPPORT OUR CURRENT SUPPLIERS BUT WOULD LIKE TO ADD MORE, DOING SO EXPANDS OUR REACH AND MAGNIFIES OUR IMPACT.Expenses $91,105 · grants $1,671
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-2946211
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q70)
- Assets (IRS master file)
- $75,749
- Income (IRS master file)
- $179,482
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $78,009 | $123,635 | $75,749 | XML |
| 990-EZ | December 2023 | $123,425 | $113,920 | $134,818 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2946211).
Questions about FIVE24 INC
- What is the EIN of FIVE24 INC?
- The employer identification number (EIN) of FIVE24 INC is 82-2946211.
- Is FIVE24 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to FIVE24 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIVE24 INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FIVE24 INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIVE24 INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of FIVE24 INC?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $45,424 (JAMES FERRETT, PRESIDENT/CEO).
- How much revenue does FIVE24 INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $78,009, expenses of $123,635 and total assets of $75,749 at year end.
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All nonprofits in MADISON · Wisconsin · International, foreign affairs and national security