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Good Market Inc

Phoenix, AZ · EIN 811498211 · Form 990EZ · FY2021 · NTEE C30 · Environment · Micro (<$100K) · www.goodmarket.global
revenue
$62K
expenses
$60K
net assets
$-238K
employees
mission · from form 990

The purpose of Good Market is to catalyze the transition to a 21st century economy that is good for people and good for the planet. Good Market is a curated platform for social enterprises that meet minimum sector standards, operate in a way that considers health, social impact, and environmental responsibility and prioritize people and planet over short-term profit maximation. The online platform makes it easier for participants in the new economy to find and connect with each other across economic sectors, income level, language barriers, and regional divides. The online platform serves as an enabling infrastructure to support this community.

profile · synthesized from sources

Good Market Inc operates a community platform in Sri Lanka that supports sustainable development, organic agriculture, and local entrepreneurship. The organization runs a zero-waste market initiative, promotes eco-friendly consumption, and connects small-scale producers with consumers. It focuses on environmental protection, community empowerment, and advancing sustainable lifestyles through direct operations and outreach.

named programs · 3 · from sources

what they call their work

Good Market Shop
Physical retail space offering organic, eco-friendly, and sustainable products from local vendors
Saturday Good Market
Weekly zero-waste market event promoting reusable cutlery and containers, waste segregation, composting, and recycling
Vendor Support Program
Supports small-scale farmers and local producers in meeting market standards, increasing margins, and accessing broader markets
activities · 4 groups

what they do

  • Digital Commons Platform with Multi-Account Marketplace 8 activities
    • Facilitating Enterprise Engagement on the Platform
      The organization provides enterprise accounts for initiatives focused on social and environmental impact, allowing them to manage their presence, link multiple personal accounts, and participate in network directories and marketplaces. It also enables users to leave feedback on enterprise profiles.
    • Facilitating User Interaction and Community Engagement
      The organization provides features for user interaction and community engagement on its platform, including personal accounts for forums, chats, invites, and feedback, direct messaging between users and enterprises, and a help chat system with the Good Market team. Users can also leave feedback on enterprise profiles and participate in a public forum.
    • Operating a Global Digital Commons Platform
      Good Market Inc. operates a publicly accessible digital commons platform that includes a directory, marketplace, and information site, available in 44 languages. This platform facilitates transactions, user interaction, and enterprise networking.
    • Operating a Global Digital Commons Platform
      Good Market Inc. operates a publicly accessible digital commons platform available in 44 languages, featuring a directory, marketplace, and information site for enterprises prioritizing people and the planet. The platform includes personal, enterprise, and network enterprise accounts, and facilitates transactions with integrated tax calculation and payment.
    • Operating a Global Digital Commons Platform
      Good Market Inc. operates a publicly accessible digital platform that serves as a directory, marketplace, and information site for enterprises prioritizing people and the planet. The platform is available in 44 languages and includes features for user interaction and enterprise management.
    • Operating a global digital commons platform
      Good Market Inc operates a publicly accessible digital platform available in 44 languages, offering a directory, marketplace, and information site for enterprises prioritizing people and the planet. The platform includes features for user interaction, feedback, and transactions.
    • Providing Account Services for Users and Enterprises
      The organization offers personal accounts for users to engage in forums, chats, and feedback, as well as enterprise accounts for initiatives focused on social and environmental impact. It also provides network enterprise accounts for groups of businesses to create their own directories and marketplaces.
    • Providing User Communication and Community Features
      Good Market Inc. offers personal accounts that allow users to access a forum, send chats and invites, share feedback, and flag content. This includes direct messaging between users and enterprises, a help chat system, and a public forum for questions and answers.
  • Zero Waste Event & Market Operations 4 activities
    • Facilitating Zero-Waste Initiatives at the Saturday Good Market
      Good Market Inc. supports a zero-waste initiative at its Saturday Good Market by promoting the use of reusable cutlery and containers, overseeing waste segregation, and increasing composting and recycling rates.
    • Facilitating zero-waste initiatives at physical markets
      Good Market Inc supports zero-waste efforts at the Saturday Good Market by facilitating the transition from single-use plastics to reusable alternatives and overseeing waste segregation to increase composting and recycling rates.
    • Promoting Zero-Waste Initiatives at Events
      The organization supports a zero-waste initiative at the Saturday Good Market by facilitating the transition from single-use plastics to reusable cutlery and containers, overseeing waste segregation, and increasing the percentage of waste composted and recycled.
    • Promoting Zero-Waste Initiatives at the Saturday Good Market
      The organization supports a zero-waste initiative at the Saturday Good Market by facilitating the transition from single-use plastics to reusable cutlery and containers, and by overseeing waste segregation to increase composting and recycling rates.
  • Fiscal Sponsorship & Administrative Back-Office Support 1 activity
    • Managing Transactional and Regulatory Compliance
      The organization calculates, collects, and pays required taxes for all transactions made through its community cart by utilizing a tax integration system.
  • Uncategorized 4 activities
    • Developing Community Governance and Curation Processes
      Good Market Inc. develops community rules for its digital commons and has established a curation process and community through weekly marketplace events, retail outlets, and an organic participatory guarantee system (PGS).
    • Developing Community Governance and Curation Processes
      The organization has developed community rules for its digital commons and established a curation process through weekly marketplace events, retail outlets, and an organic participatory guarantee system.
    • Developing Community Governance and Curation Processes
      Good Market Inc. developed community rules to govern its digital commons as a shared not-for-profit resource and established its curation process and community through weekly marketplace events, retail outlets, and an organic participatory guarantee system.
    • Developing community governance and curation processes
      Good Market Inc developed community rules for its digital commons and established a curation process and community through weekly marketplace events, retail outlets, and an organic participatory guarantee system.
financials · form 990EZ · fy2021
revenue
Total revenue$62K
Contributions & grants$60K96%
Program service revenue$3K4%
Investment income$00%
Other revenue$0
expenses
Total expenses$60K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$8K
Grants paid out$0
balance sheet
Total assets$41K
Cash
Investments
Liabilities
Net assets$-238K
2 years on record · 2020–2021 · YoY revenue +16.3%
leadership · form 990 part vii · fy2021

who runs it

board members · 5
  • Achala Samaradivakara — Director - Social Enterprise
  • Bergen Jeremy Moore — Director - Software Architect
  • Dr Amanda Kiessel — Executive Director
  • Steven Brent Francone — Finance Director
  • Suzanne La Pierre — Director - Legal
relationships · 18

who they work with

  • Ashoka Network — Listed as a global network on Good Market's platform.
  • Aspen Network of Development Entrepreneurs Network — Listed as a global network on Good Market's platform.
  • B Lab Network — Listed as a global network on Good Market's platform.
  • COSV Network — Listed as a global network on Good Market's platform.
  • Calcey Technologies Partner — Developed the first phase of Good Market software from 2016-2017.
  • Catalyst Now Network — Listed as a global network on Good Market's platform.
  • Centre for Autistic Social Entrepreneurship Network — Listed as a global network on Good Market's platform.
  • Coralus (formerly SheEO) Network — Listed as a global network on Good Market's platform.
  • Cultural Fashion & Arts Network — Listed as a global network on Good Market's platform.
  • Doughnut Economics Action Lab Network — Listed as a global network on Good Market's platform.
  • Echoing Green Network — Listed as a global network on Good Market's platform.
  • Good Market Sri Lanka Partner — Coordinates marketplace events, organic PGS, and retail outlets within Sri Lanka.
  • Good Market stewards Partner — Responsible for implementing and evolving the community rules within the Good Market ecosystem.
  • Matrix Partner — Uses Matrix for chat and groups functionality.
  • Medusa Partner — Uses Medusa for listings and marketplace functionality.
  • Metabase Partner — Uses Metabase for data analytics.
  • Plausible Partner — Uses Plausible for GDPR-compliant web analytics.
  • United Nations International Standard Industrial Classification (ISIC) Government — Good Market sectors are based on and can be mapped to the ISIC.