TY 2024 Form 990EZ

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 On January 23-26, 2024, Shot Show Member Meeting at Las Vegas with 65 attendees. While attending the Shot Show, our members were invited to our Bi-Annual member meeting where they received the most recent changes and updates in the laws or processes from ATF and our government speakers.On March 14-15, 2024, FAIR SIA Virtual Conference with 60 attendees.Partnered 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.On June 10-11, 2024, MGM Member Meeting with 70 attendees.ATF and Firearms Import and Export Industry Export Leaders for this two-day conference where they received first-hand information on recent regulatory and policy changes. In a world where we are all trying to find solid footing, this was an opportunity for our members to hear from experts who provided important updates on the complexities surrounding the new law changes and new import & export rulings that will impact our members. (Grants $ ) If this amount includes foreign grants, check here ...			28a	74,454
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	74,454

(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-)
Michael Faucette Executive Dir.	5.00	18,000
Pati Colon Deputy Director	15.00	24,000
Charles Fowler President	8.00	0
Robert Penta Vice President	5.00	0
Phil Haney Director	1.00	0
Liz Conroy Director	1.00	0
Harry Pakhanyan Elec Director	1.00	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 Expenses.1002	Office Expenses $3575
Other Expenses.1005	Travel $11940
Other Expenses.1012	Insurance $1768
Other Expenses.1	Contractors $17000
Other Expenses.2	Consultant $6546
Other Expenses.3	Memberships & Dues $3381
Other Expenses.4	Credit Card Fees $3142
Other Expenses.5	Website Expenses $1650
Other Expenses.6	Supplies $391
Other Expenses.8	Bank Service Charges $145
Other Expenses.9	License Fees $130

Return Reference

Explanation

Other Expenses.1002

Office Expenses $3575

Other Expenses.1005

Travel $11940

Other Expenses.1012

Insurance $1768

Other Expenses.1

Contractors $17000

Other Expenses.2

Consultant $6546

Other Expenses.3

Memberships & Dues $3381

Other Expenses.4

Credit Card Fees $3142

Other Expenses.5

Website Expenses $1650

Other Expenses.6

Supplies $391

Other Expenses.8

Bank Service Charges $145

Other Expenses.9

License Fees $130

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2	76,428
3	Membership dues and assessments .............................	3	64,500
4	Investment income ....................................	4
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
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	140,928

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-14,401
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	23,974
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	9,573

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	24020490
Software Version:	2024v5.2

Software ID:	24020490
Software Version:	2024v5.2

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	42,000
13	Professional fees and other payments to independent contractors ............	13	63,458
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	203
16	Other expenses (describe in Schedule O) ...................	16	49,668
17	Total expenses. Add lines 10 through 16 .................	17	155,329