Civic Intelligence

Mayan Hands Foundation Ltd

EIN 26-2633965 • 501(c)3 • Albany, NY

Profile

Mayan hands is dedicated to providing sustainable income-generating and educational opportunities to mayan women artisans and girls in guatemala, in efforts to combat extreme poverty and preserve cultural traditions. See further detail on schedule o.

420 Whitehall RoadAlbany, NY 12208

www.mayanhands.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE Q • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

81st percentile

0.11x

Higher debt load relative to revenue than 81% of similar nonprofits.

NTEE Q • $500k-$1M nonprofits • Source year 2025

Net Margin

71st percentile

17%

Higher net margin than 71% of similar nonprofits.

NTEE Q • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

77th percentile

$62,308

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

NTEE Q • $500k-$1M nonprofits • Source year 2025

Asset Growth

51st percentile

8.3%

Faster asset growth than 51% of similar nonprofits.

NTEE Q • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

36th percentile

-2.3%

Faster revenue growth than 36% of similar nonprofits.

NTEE Q • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$806,580

Up $61,683 (+8.3%) from 2024

Liabilities

Down

$42,631

Down $8,576 (-17%) from 2024

Net Assets

Up

$763,949

Up $70,259 (+10%) from 2024

Operations
Liabilities / Revenue81st percentileNet Margin71st percentile

Revenue

Down

$377,864

Down $8,794 (-2.3%) from 2024

Expenses

Down

$314,749

Down $37,291 (-11%) from 2024

Net Income

Up

$63,115

Up $28,497 (+82%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth51st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $238,329Liabilities 2010: $23,291Net Assets 2010: $215,0382010Assets 2011: $235,286Liabilities 2011: $31,450Net Assets 2011: $203,8362011Assets 2012: $227,855Liabilities 2012: $19,521Net Assets 2012: $208,3342012Assets 2013: $203,742Liabilities 2013: $50,379Net Assets 2013: $153,3632013Assets 2014: $182,624Liabilities 2014: $61,510Net Assets 2014: $121,1142014Assets 2015: $181,056Liabilities 2015: $72,979Net Assets 2015: $108,0772015Assets 2016: $168,498Liabilities 2016: $36,010Net Assets 2016: $132,4882016Assets 2017: $180,682Liabilities 2017: $24,880Net Assets 2017: $155,8022017Assets 2018: $228,395Liabilities 2018: $10,775Net Assets 2018: $217,6202018Assets 2019: $282,643Liabilities 2019: $14,259Net Assets 2019: $268,3842019Assets 2020: $383,691Liabilities 2020: $31,276Net Assets 2020: $352,4152020Assets 2021: $439,501Liabilities 2021: $29,170Net Assets 2021: $410,3312021Assets 2022: $682,529Liabilities 2022: $51,051Net Assets 2022: $631,4782022Assets 2023: $689,566Liabilities 2023: $46,730Net Assets 2023: $642,8362023Assets 2024: $744,897Liabilities 2024: $51,207Net Assets 2024: $693,6902024Assets 2025: $806,580Liabilities 2025: $42,631Net Assets 2025: $763,9492025

Highlighted filing

2025

Assets$806,580
Liabilities$42,631
Net Assets$763,949
Open 2025 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $109,260Expenses 2010: $104,799Net Income 2010: $4,4612010Expenses 2011: $101,1162011Expenses 2012: $117,4662012Expenses 2013: $174,1182013Revenue 2014: $139,418Expenses 2014: $171,667Net Income 2014: -$32,2492014Revenue 2015: $149,515Expenses 2015: $162,552Net Income 2015: -$13,0372015Revenue 2016: $163,502Expenses 2016: $139,091Net Income 2016: $24,4112016Revenue 2017: $165,075Expenses 2017: $141,761Net Income 2017: $23,3142017Revenue 2018: $213,652Expenses 2018: $151,834Net Income 2018: $61,8182018Revenue 2019: $225,745Expenses 2019: $174,981Net Income 2019: $50,7642019Revenue 2020: $275,134Expenses 2020: $191,103Net Income 2020: $84,0312020Revenue 2021: $251,992Expenses 2021: $194,076Net Income 2021: $57,9162021Revenue 2022: $426,536Expenses 2022: $205,108Net Income 2022: $221,4282022Revenue 2023: $312,165Expenses 2023: $300,207Net Income 2023: $11,9582023Revenue 2024: $386,658Expenses 2024: $352,040Net Income 2024: $34,6182024Revenue 2025: $377,864Expenses 2025: $314,749Net Income 2025: $63,1152025

Highlighted filing

2025

Revenue$377,864
Expenses$314,749
Net Income$63,115
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$806,580
Liabilities
$42,631
Net assets
$763,949
Revenue
$377,864
Expenses
$314,749
Net income
$63,115
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.07$0.43$7.64$3.78$3.15$0.63
2024Detailed filing. Detailed filing data is available for this year.$7.45$0.51$6.94$3.87$3.52$0.35
2023Detailed filing. Detailed filing data is available for this year.$6.90$0.47$6.43$3.12$3.00$0.12
2022Detailed filing. Detailed filing data is available for this year.$6.83$0.51$6.31$4.27$2.05$2.21
2021Detailed filing. Detailed filing data is available for this year.$4.40$0.29$4.10$2.52$1.94$0.58
2020Detailed filing. Detailed filing data is available for this year.$3.84$0.31$3.52$2.75$1.91$0.84
2019Detailed filing. Detailed filing data is available for this year.$2.83$0.14$2.68$2.26$1.75$0.51
2018Detailed filing. Detailed filing data is available for this year.$2.28$0.11$2.18$2.14$1.52$0.62
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.25$1.56$1.65$1.42$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.36$1.32$1.64$1.39$0.24
2015Detailed filing. Detailed filing data is available for this year.$1.81$0.73$1.08$1.50$1.63$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.83$0.62$1.21$1.39$1.72$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.50$1.53$1.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.20$2.08$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.31$2.04$1.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.23$2.15$1.09$1.05$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2024 to May 31, 2025
Signed
Jan 19, 2026
Return Version
2024v5.5
Gross Receipts
$739,275
Mission and Program Overview

Mission

Mayan hands foundation ltd. Is a fair-trade 501(c)(3) nonprofit dedicated to providing economic and educational opportunities to mayan women and girls, so that they can build sustainable futures for themselves, their families and communities, as they continue to live within the culture they cherish. Mayan hands offers artisan capacity building programs including leadership and business skill development and product design training. Artisans have the opportunity to participate in health and wellbeing programs focused on access to preventive health. Mayan hands facilitates access to scholarships and school supplies for artisans and their daughters, and organizes cultural exchange tours which generate additional income for artisans.

Mayan hands is dedicated to providing sustainable income-generating and educational opportunities to mayan women artisans and girls in guatemala, in efforts to combat extreme poverty and preserve cultural traditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$210,615$359,359▲ $148,744
Investments in Publicly Traded Securities$205,856$220,944▲ $15,088
Savings and Temporary Cash Investments$228,938$98,140▼ $130,798
Cash and Non-Interest-Bearing Accounts$56,293$46,836▼ $9,457
Accounts Receivable$23,956$46,180▲ $22,224
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$744,897$806,580▲ $61,683
Other Assets Total$19,239$35,121▲ $15,882
Liabilities
Other Liabilities$18,739$34,621▲ $15,882
Accounts Payable and Accrued Expenses$32,468$8,010▼ $24,458
Total Liabilities$51,207$42,631▼ $8,576
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$693,690$763,949▲ $70,259
Total Net Assets Fund Balance$693,690$763,949▲ $70,259
Total Liabilities and Net Assets / Fund Balance$744,897$806,580▲ $61,683

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$3,905$3,905
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Madeline Kreider CarlsonExecutive DirectorFT$62,308$62,308

Board Members and Trustees

NameTitle
Laurie NaranchPresident
Vera Eccarius-kellyPresident
Beth DeangelisDirector
Brenda RosenbaumDirector
E Conor GrahamDirector
Kate ColwellDirector
Rebecca PendergrassDirector
Renee HenzeDirector
Ricardo Lopez-torrijosDirector
Sharon CostelloDirector
Shiyan Sheena MaDirector
Stefanie AdlerDirector
Meaghan GrahamSecretary
Mark Van WormerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$181,065
Program Service Revenue
$0
Investment Income
$11,407
Other Revenue
$185,392
All Other Contributions
$181,065
Change in Net Assets
$63,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,692
Salaries, Compensation, and Employee Benefits$152,057
Total Fundraising Expense$8,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$58,525$16,539$2,200$77,264
Current Officers, Directors, Trustees, and Key Employees$38,690$14,700$4,404$57,794
Fees for Services Other$19,932--$19,932
Fees for Services Accounting-$11,370-$11,370
Payroll Taxes-$10,866-$10,866
Advertising$6,393$22$1,336$7,751
Other Employee Benefits-$6,133-$6,133
Travel$5,452$576-$6,028
Information Technology$3,320$1,285$486$5,091
Insurance-$4,487-$4,487
Fees for Services Legal$2,903--$2,903
Other Expenses$410$1,360-$1,770
Office Expenses$1,131$191$342$1,664
Fees for Service Investment Mgmnt Fees-$1,520-$1,520
Conferences and Meetings$1,396--$1,396
All Other Expenses-$125$23$148
Total Functional Expenses$232,211$73,747$8,791$314,749
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$34,621
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Line 11b explanation - the 990 is prepared with the assistance of the independent accounting firm and reviewed by the executive director and treasurer of the board of directors. It is then provided to the full board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Every year a conflict of interest policy is signed by all officers, directors and key employees. Conflicts of interest arising during the course of the year are required to be immediately disclosed.”

Form 990, Part VI, Section B, Line 15A

“We have a board committee tasked with annual review of the executive director's performance and compensation package.”

Form 990, Part VI, Section C, Line 19

“Governing documents, financial statements and conflict of interest statements are available upon request. A current annual report, which includes a financial statement, is available on the mayan hands website.”

Filing and Contact Details

Filer

Filer Name
Mayan Hands Foundation Ltd
EIN
26-2633965
Phone
5187291900
Address
420 WHITEHALL ROAD, ALBANY, NY 12208

Signing Officer

Name
Laurie Naranch
Title
President
Phone
5187291900
Signed
2026-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie Naranch
Formed
2008
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
1

Preparer

Firm
Lutz Selig & Zeronda Cpas Llp
Address
33 CENTURY HILL DRIVE, LATHAM, NY 12110-2113
Preparer
Gjabbattisticpa
Phone
5187837200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Form 990, Part 1 Line 1 & - Organization Mission & Activities

“Part i line 1 and part iii line 1: program services directly benefiting mayan women and their families consist of two categories: payments for fair trade goods produced by our artisan partners, which are classified as cost of sales in support of mayan women; and program services other than product costs, such as scholarships, training, and health programs and support services: 2025 fiscal year: cost of sales in support of mayan women $360,378 other direct program services $232,211 total $592,589 program costs $592,589 - 89% support service cost $73,746 - 11% 2024 fiscal year: cost of sales in support of mayan women $382,995 other direct program services $258,753 total $641,748 program costs $641,748 - 88% support service cost $86,544 - 12% total $728,292”

Raw XML AppendixShowing 400 of 503 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0MAYAN HANDS IS DEDICATED TO PROVIDING SUSTAINABLE INCOME-GENERATING AND EDUCATIONAL OPPORTUNITIES TO MAYAN WOMEN ARTISANS AND GIRLS IN GUATEMALA, IN EFFORTS TO COMBAT EXTREME POVERTY AND PRESERVE CULTURAL TRADITIONS.
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IRS990/Desc0THE MAYAN HANDS ECONOMIC OPPORTUNITIES PROGRAM PROVIDES FAIR, RELIABLE INCOME TO MORE THAN 180 EXPERT MAYA WOMEN ARTISANS BY CONNECTING THEM TO CLIENTS IN THE INTERNATIONAL FAIR TRADE MARKET. LIVING IN RURAL COMMUNITIES, MOST ARTISANS HAVE LITTLE FORMAL EDUCATION, BUT THROUGH MAYAN HANDS THEY PARTICIPATE IN BUSINESS SKILL DEVELOPMENT ACTIVITIES INCLUDING CALCULATING FAIR TRADE WAGES, TRACKING PRODUCTION, PREPARING NECESSARY ACCOUNTING DOCUMENTATION, AND FILING TAXES. ONGOING DESIGN AND TECHNICAL SKILL TRAINING SUPPORTS WOMEN ARTISANS IN THE DEVELOPMENT OF INNOVATIVE, TOP-QUALITY PRODUCTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1LAURIE NARANCH
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK VAN WORMER
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON COSTELLO
IRS990/Form990PartVIISectionAGrp/PersonNm4BETH DEANGELIS
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IRS990/Form990PartVIISectionAGrp/PersonNm11MEAGHAN GRAHAM
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/MissionDesc0MAYAN HANDS FOUNDATION LTD. IS A FAIR-TRADE 501(C)(3) NONPROFIT DEDICATED TO PROVIDING ECONOMIC AND EDUCATIONAL OPPORTUNITIES TO MAYAN WOMEN AND GIRLS, SO THAT THEY CAN BUILD SUSTAINABLE FUTURES FOR THEMSELVES, THEIR FAMILIES AND COMMUNITIES, AS THEY CONTINUE TO LIVE WITHIN THE CULTURE THEY CHERISH. MAYAN HANDS OFFERS ARTISAN CAPACITY BUILDING PROGRAMS INCLUDING LEADERSHIP AND BUSINESS SKILL DEVELOPMENT AND PRODUCT DESIGN TRAINING. ARTISANS HAVE THE OPPORTUNITY TO PARTICIPATE IN HEALTH AND WELLBEING PROGRAMS FOCUSED ON ACCESS TO PREVENTIVE HEALTH. MAYAN HANDS FACILITATES ACCESS TO SCHOLARSHIPS AND SCHOOL SUPPLIES FOR ARTISANS AND THEIR DAUGHTERS, AND ORGANIZES CULTURAL EXCHANGE TOURS WHICH GENERATE ADDITIONAL INCOME FOR ARTISANS.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01131
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IRS990/PrincipalOfficerNm0LAURIE NARANCH
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IRS990/ProgSrvcAccomActy2Grp/Desc0MAYAN HANDS INVESTS IN THE NEXT GENERATION BY OFFERING ACCESS TO EDUCATIONAL OPPORTUNITIES TO BOTH ARTISANS AND THEIR DAUGHTERS. MANY MAYA GIRLS CONTINUE TO FACE ENORMOUS BARRIERS TO EDUCATION BECAUSE OF GEOGRAPHIC ACCESS, MISOGYNY-ROOTED PERCEPTIONS OF GIRLS AND WOMEN'S ROLES, AND HIGH COSTS. THIS FISCAL YEAR, WE PROVIDED SCHOLARSHIPS AND FAMILY STIPENDS TO 58 STUDENTS WHO WOULD NOT OTHERWISE BE ABLE TO ATTEND SCHOOL: 14 IN PRIMARIO (ELEMENTARY SCHOOL - 4TH - 6TH GRADE), 18 IN BASICO (JUNIOR HIGH SCHOOL), 9 IN DIVERSIFICADO (SENIOR HIGH SCHOOL), 16 IN UNIVERSITIES AND 1 IN VOCATIONAL TRAINING. MAYAN HANDS DISTRIBUTED SCHOOL SUPPLIES TO 135 CHILDREN OF OUR ARTISAN PARTNERS. STUDENTS AND THEIR FAMILIES PARTICIPATE IN A TWICE-YEARLY INTERACTIVE PROGRAM, ADDRESSING PERSONAL DEVELOPMENT AND GENDER IN SOCIETY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt041089
IRS990/ProgSrvcAccomActy3Grp/Desc0MAYAN HANDS PROMOTES HEALTH AND WELL-BEING THROUGH A PREVENTIVE HEALTH PROGRAM OFFERING CULTURALLY SENSITIVE EDUCATION AND CLINICAL TREATMENT. THIS YEAR, ARTISANS PARTICIPATED IN A SIX-PART SERIES OF WOMEN'S HEALTH EDUCATION WORKSHOPS, LED BY NURSES WITH CONTENT PRESENTED IN ARTISANS' MAYAN LANGUAGES. THE WORKSHOP SERIES WAS FOLLOWED BY CLINICAL SCREENINGS AND TREATMENTS FOCUSED ON PREVENTION OF CERVICAL CANCER, TREATMENT OF COMMON INFECTIONS, AND PROVISION OF BIRTH CONTROL METHODS IF DESIRED. 118 WOMEN PARTICIPATED IN THE EDUCATIONAL WORKSHOPS; 75 CHOSE TO RECEIVE CERVICAL CANCER SCREENING.
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