2026-02-03T13:44:27-06:00 2025-12-31 042694095 LITMANGERSON ASSOCIATES LLP 500 WEST CUMMINGS PARK SUITE 5650 WOBURN MA 01801 990 2025-01-01 201930681 FAIR FACTORIES CLEARINGHOUSE INC FAIR 8883326461 1 MILITIA DRIVE STE 202 LEXINGTON MA 02421 PETER BURROWS ED AND VICE CHAIR OF BOARD 8883326461 2026-02-03 1 MELLINDA ABBOTT CPA MBA P00368549 7815694700 2026-02-03 2025 2025-03-06 01:10:19Z X PETER BURROWS 1 MILITIA DRIVE STE 202 LEXINGTON MA 02421 8742 0 X HTTPS://WWW.FAIRFACTORIES.ORG/ X 2004 NY OUR MISSION IS TO FACILITATE INFORMED ETHICAL BUSINESS DECISIONS FOR A BETTER AND MORE LIVABLE WORLD. WE BUILD SCALABLE SOFTWARE THAT FACILITATES CONTINUOUS IMPORVEMENTS IN SOCIAL, ENVIRONMENTAL AND SECURITY ISSUES. THIS RESULTS IN SAFER, MORE HUMANE WORKING CONDITIONS FOR WORKERS. X 8 7 0 0 0 0 0 0 0 0 20370 8742 0 0 20370 8742 0 686700 0 0 16565 17085 0 0 0 96436 128703 113001 832488 -92631 -823746 838069 0 14323 0 823746 0 X OUR MISSION IS TO FACILITATE INFORMED ETHICAL BUSINESS DECISIONS FOR A BETTER AND MORE LIVABLE WORLD. WE BUILD SCALABLE SOFTWARE THAT FACILITATES CONTINUOUS IMPROVEMENTS IN SCOIAL, ENVIRONMENTAL AND SECURITY ISSUES. THIS RESULTS IN SAFER, MORE HUMANE WORKING CONDITIONS FOR WORKERS. 0 0 686700 686700 THE ORGANIZATION RECEIVED PERMISSION TO PROCEED WITH DISSOLVEMENT IN Q2 2025 (FROM NEW YORK STATE AG'S OFFICE) AND MADE A FINAL DISBURSEMENT OF ITS REMAINING CASH TO FOUR 501(C)3 ORGANIZATIONS WITH MISSIONS SIMILAR TO THE ORGANIZATION'S OWN. AFTER THOSE DISBURSEMENTS IN Q3 OF 2025, THE ORGANIZATION HAD ZERO ASSETS AND ZERO LIABILITIES REMAINING. THE ORGANIZATION SUBMITTED A FINAL PETITION FOR DISSOLVEMENT IN Q4 2025 WHICH WAS APPROVED IN JANUARY 2026. 686700 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 MA NY X PETER BURROWS 8883326461 1 MILITIA DRIVE STE 202 LEXINGTON MA 02421 PETER BURROWS ED AND VICE CHAIR OF BOARD 1.00 X X 0 0 0 JON GOLD BOARD MEMBER 1.00 X 0 0 0 MARC-IVAR MAGNUS BOARD MEMBER 1.00 X 0 0 0 JOHN AVALLON BOARD MEMBER 1.00 X 0 0 0 KATY LUNARDELLI BOARD MEMBER 1.00 X 0 0 0 DAVE HOGAN BOARD CHAIR 1.00 X 0 0 0 SELCUK BUYUKOZER BOARD SECRETARY 1.00 X 0 0 0 MIKE GREENE BOARD TREASURER 1.00 X 0 0 0 MARK MCDONOUGH CFO AND DATA PROTECTION 5.00 X 18685 0 0 18685 0 0 0 0 0 0 0 8742 8742 8742 8742 0 0 686700 686700 17085 17085 76092 76092 36338 36338 15230 15230 BANK SERVICE CHARGES 779 779 FILING FEES 135 135 OFFICE EXPENSE 86 86 PAYROLL ADMINISTRATIVE 43 43 832488 686700 145788 0 139510 0 469288 0 0 214000 0 0 0 0 0 15271 0 0 0 0 0 0 0 838069 0 14323 0 14323 0 X 823746 0 823746 0 838069 0 -823746 0 X 0 0 0 X 377255 292288 206139 0 0 875682 377255 292288 206139 875682 875682 319 5864 20370 8742 35295 910977 0.96130 0.98290 X 0 OPEN SUPPLY HUB INC 350 FAIRVIEW AVE 1019 HUDSON NY 13534 845010884 3 247050 0 FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE RESPONSIBLE SOURCING NETWORK 2342 SHATTUCK AVE 305 BERKELEY CA 94704 270727686 3 127250 0 FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE SOCIAL ACCOUNTABILITY INTERNATIONAL INC 9TH EAST 37TH STREET 10TH FLOOR NEW YORK NY 10016 133960591 3 185150 0 FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE TRANSPARENTEM LTD 347 FIFTH AVE SUITE 1402-443 NEW YORK NY 10016 475175472 3 127250 0 FINAL DISBURSEMENT FROM FAIR FACTORIES DURING DISSOLUTION - TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE 4 4 DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 2025-09-16 247050 ACTUAL COST 845010884 OPEN SUPPLY HUB INC 350 FAIRVIEW AVE 1019 HUDSON NY 12534 3 DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 2025-09-16 127050 ACTUAL COST 270727686 RESPONSIBLE SOURCING NETWORK 2342 SHATTUCK AVE 305 BERKELEY CA 94704 3 DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 2025-09-16 185150 ACTUAL COST 133960591 SOCIAL ACCOUNTABILITY INTERNATIONAL INC 9TH EAST 37TH STREET 10TH FLOOR NEW YORK NY 10016 3 DISTRIBUTION OF CASH PAID FROM JUNE - SEPTEMBER 2025 2025-09-16 127250 ACTUAL COST 475175472 TRANSPARENTEM LTD 347 FIFTH AVE SUITE 1402-443 NEW YORK NY 10016 3 TRANSACTION EXPENSE - SERVICES RENDERED IN ASSISTING OF THE CLOSING OF THE BUSINESS 2025-09-06 33800 HOURLY RATE 042694095 LGA LLP 500 WEST CUMMINGS PARK SUITE 5650 WOBURN MA 01801 TRANSACTION EXPENSE - SERVICES RENDERED IN ASSISTING OF THE CLOSING OF THE BUSINESS 2025-09-05 76092 HOURLY RATE 060590100 WIGGIN AND DANA LLP 265 CHURCH STREET NEW HAVEN CT 06510 1 0 0 0 1 1 1 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: PETER BURROWS PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: PETER BURROWS WAS A VOLUNTEER, UNPAID BOARD MEMBER FOR OPEN SUPPLY HUB (OSH). OSH WAS INVOLVED IN DEFINING STANDARD CODES FOR FACTORIES. FOR EXAMPLE THERE MAY BE AN "ACME FACTORY" THAT MADE SHOES FOR NIKE, ADIDAS AND REEBOK. EACH OF THOSE THREE ENTITIES HAD THEIR OWN ID # FOR THAT FACTORY. EXAMPLE NIKE MAY HAVE IDENTIFIED IT AS F34501, REEBOK MAY HAVE IDENTIFIED IT AS AC56999. OSH WAS ESTABLISHING A SINGLE ID # (E.G. OSH999901) THAT WOULD EVENTUALLY BE USED BY ALL THREE ORGANIZATIONS SO THAT HEALTH AND SAFETY GOVERNANCE INFORMATION COULD MORE EASILY BE SHARED. FFC WAS A USER OF THOSE "STANDARDIZED" CODES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT CURRENTLY ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SUBMITTED TO THE ORGANIZATION'S ACCOUNTING FIRM FOR A DETAILED REVIEW. THE RETURN IS DISCUSSED WITH THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR. ONCE THE ORGANIZATION APPROVES OF THE 990, A FINAL VERSION IS PRINTED AND SUBMITTED TO THE ORGANIZATION FOR THEIR SIGNATURE FORM 990, PART VI, SECTION B, LINE 12 A CONFLICT OF INTEREST DISCLOSURE STATEMENT IN THE FORM SHALL BE FURNISHED ANNUALLY BY EACH DIRECTOR AND COVERED EMPLOYEE DISCLOSING ANY ANTICIPATED OR POSSIBLE CONFLICT SITUATIONS. COVERED EMPLOYEES SHALL BE SENIOR EMPLOYEES, OTHER EMPLOYEES WHO HAVE A DECISION MAKING ROLE IN HIRING OR CONTRACTING OR ANY OTHER EMPLOYEE WHOM THE EXECUTIVE DIRECTOR DETERMINES SHOULD BE A COVERED EMPLOYEE. EACH NEW DIRECTOR OR EMPLOYEE SHALL BE ADVISED OF THE POLICY AND FURNISHED A DISCLOSURE STATEMENT UPON UNDERTAKING THE DUTIES OF SUCH POSITION. THIS IS MONITORED BY THE EXECUTIVE DIRECTOR. WHEN ANY CONFLICT OF INTEREST IS INVOLVED IN A MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS, THE INTERESTED DIRECTOR SHALL NOT VOTE ON SUCH MATTER. HOWEVER, THE INTERESTED PERSON MAY, IF THEY ELECT TO IN THEIR SOLE DISCRETION, BRIEFLY STATE HER/HIS POSITION ON ANY MATTER AND ANSWER PERTINENT QUESTIONS OF OTHER BOARD OR COMMITTEE MEMBERS SINCE HER/HIS KNOWLEDGE MAY BE OF ASSISTANCE WITH RESPECT TO THE BOARD'S DELIBERATIONS ON SUCH MATTER. IN EACH SUCH CASE, THE INTERESTED PERSON SHALL RECUSE HER/HIMSELF WHEN THE VOTE ON THE MATTER IS CALLED. IF A PERSON RECUSES HER/HIMSELF, SHE/HE SHALL LEAVE THE ROOM DURING THE DISCUSSION AND DURING THE VOTE ON THE ISSUES IF REQUESTED TO DO SO BY A MAJORITY VOTE OF THE BOARD OR APPLICABLE COMMITTEE. WHEN THERE IS DOUBT AS TO WHETHER OR NOT A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD, EXCLUDING THE POTENTIALLY INTERESTED PERSON. WHEN ANY CONFLICT OF INTEREST MAY BE INVOLVED IN A MATTER INVOLVING AN EMPLOYEE, SUCH EMPLOYEE SHALL NOTIFY THE EXECUTIVE DIRECTOR OF FFC, WHICH SHALL CONSTITUTE NOTICE TO THE BOARD, AND IF THE CONFLICTED PERSON IS THE EXECUTIVE DIRECTOR, HE/SHE SHALL NOTIFY THE BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED UPON THE COMPETITIVE SALARY RATES FOR THE RESPONSIBILITY AND DUTIES PERFORMED. THE COMPENSATION PACKAGE IS SUBJECT TO BOARD APPROVAL. FOR ALL EMPLOYEES BESIDES THE EXECUTIVE DIRECTOR, AN OVERALL RATE INCREASE IS TARGETED. THE MANAGEMENT TEAM PROVIDES INPUT REGARDING EACH EMPLOYEE'S PERFORMANCE IN THE PAST YEAR AND PROPOSED RATE INCREASE. THE PROPOSED RATE INCREASE IS REVIEWED WITH THE EMPLOYEE AND THEN APPLIED IN THE FIRST PAYCHEX OF THE NEW CALENDAR YEAR. ALL BOARD OF DIRECTORS VOLUNTEER THEIR TIME AND RECEIVE NO COMPENSATION FOR SERVICES DONATED. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.