TY 2021 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
FAIR Trade Group

Number and street (or P. O. box, if mail is not delivered to street address)1775 I St NW
Room/suite

City or town, state or province, country, and ZIP or foreign postal code Washington, DC20006

D Employer identification number

54-1721530

E Telephone number

(202) 798-8526

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? F.A.I.R. Trade Group is dedicated to protecting the interests of the firearms and ammunition import and export community. Our trade group works with many U.S. government agencies, including the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the U.S. Department of State, and the U.S. Customs and Border Protection to provide solutions to our members' concerns.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 Hosted the first conference, partnering with the Society for International Affairs to ensure the highest quality agenda and speakers with valuable access to government regulators in charge of licensing, enforcement, and policy from the U.S. Departments of State, Commerce, Treasury, Homeland Security, Justice, and the Bureau of Alcohol, Tobacco, Firearms and Explosives. (Grants $ ) If this amount includes foreign grants, check here ...			28a	63,672
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	63,672

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
Michael Faucette Executive Dir.	2.00	0
Pati Colon Director	7.00	0
Tracy Gronewold Director	7.00	0
Donna Dietz Director	7.00	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Revenue.1	Credit Card Rewards $21
Other Expenses.1002	Office Expenses $2689
Other Expenses.1007	Conferences, Conventions, and Meetings $2491
Other Expenses.1012	Insurance $7707
Other Expenses.1	Payments to former director $23795
Other Expenses.2	Contractors $20400
Other Expenses.3	Dues & Subscriptions $3867
Other Expenses.4	Website Expenses $1204
Other Expenses.5	Credit Card Fees $923
Other Expenses.6	Miscellaneous $221
Other Expenses.7	Bank Service Charges $75
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $49 Accounts Payable and Accrued Expenses - Ending $0

Return Reference

Explanation

Other Revenue.1

Credit Card Rewards $21

Other Expenses.1002

Office Expenses $2689

Other Expenses.1007

Conferences, Conventions, and Meetings $2491

Other Expenses.1012

Insurance $7707

Other Expenses.1

Payments to former director $23795

Other Expenses.2

Contractors $20400

Other Expenses.3

Dues & Subscriptions $3867

Other Expenses.4

Website Expenses $1204

Other Expenses.5

Credit Card Fees $923

Other Expenses.6

Miscellaneous $221

Other Expenses.7

Bank Service Charges $75

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $49 Accounts Payable and Accrued Expenses - Ending $0

1	Contributions, gifts, grants, and similar amounts received ....................	1	100,120
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4	1
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8	21
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	100,142

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	300
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	63,372
17	Total expenses. Add lines 10 through 16 .................	17	63,672

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	36,470
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	39,601
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	76,071

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Software ID:	21013475
Software Version:	2021v4.0