Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Mayan Hands Foundation Ltd.
990 • Fiscal year 2014 • EIN 26-2633965
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.34x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
17th percentile
Higher net margin than 17% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 27.5% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Down$182,624
Down $21,118 (-10%) from 2013
Net Assets
Down$121,114
Down $32,249 (-21%) from 2013
Liabilities
Up$61,510
Up $11,131 (+22%) from 2013
Revenue And Expenses
Revenue
$139,418
No earlier filing loaded for comparison.
Expenses
Down$171,667
Down $2,451 (-1.4%) from 2013
Net Income
-$32,249
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2013 to May 31, 2014
- Signed
- Jan 13, 2015
- Return Version
- 2013v4.0
- Gross Receipts
- $392,963
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.
The Organization's primary exempt purpose is to foster fair trade exchanges between Mayan artisans in Guatemala and consumers in developed countries in efforts to combat extreme poverty in Mayan communities. See schedule O for additional information
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $125,947 | $121,793 | ▼ $4,154 |
| Cash and Non-Interest-Bearing Accounts | $53,346 | $43,774 | ▼ $9,572 |
| Accounts Receivable | $23,949 | $15,532 | ▼ $8,417 |
| Total Assets | $203,742 | $182,624 | ▼ $21,118 |
| Other Assets Total | $500 | $1,525 | ▲ $1,025 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $50,379 | $61,510 | ▲ $11,131 |
| Total Liabilities | $50,379 | $61,510 | ▲ $11,131 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $153,363 | $121,114 | ▼ $32,249 |
| Total Net Assets Fund Balance | $153,363 | $121,114 | ▼ $32,249 |
| Total Liabilities and Net Assets / Fund Balance | $203,742 | $182,624 | ▼ $21,118 |
Compensation and Service Providers
Employees
| Name | Title | Base | Total |
|---|---|---|---|
| Anne Kelly Van Wormer | Director | $38,404 | $38,404 |
Board Members and Trustees
| Name | Title |
|---|---|
| Laura Whalen | Director |
| Marion Kilson | Director |
| Mark Van Wormer | Director |
| Paula Griffin | Director |
| Ricardo Lopez-torrijos | Director |
| Brenda Rosenbaum | Executive Director |
| Liva Jacoby | Vice Executive Director |
| Alice Schrade | Secretary |
| Kathy Hatfield | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $51,416
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $88,002
- All Other Contributions
- $51,416
- Change in Net Assets
- $-32,249
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $130,101 |
| Salaries, Compensation, and Employee Benefits | $41,566 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $11,521 | $26,883 | $0 | $38,404 |
| Fees for Services Other | $20,277 | $0 | $0 | $20,277 |
| Fees for Services Accounting | $0 | $8,431 | $0 | $8,431 |
| Payroll Taxes | $949 | $2,213 | $0 | $3,162 |
| Occupancy | $0 | $2,810 | $0 | $2,810 |
| Insurance | $0 | $2,668 | $0 | $2,668 |
| Information Technology | $0 | $2,173 | $0 | $2,173 |
| Travel | $0 | $1,603 | $0 | $1,603 |
| Office Expenses | $0 | $1,175 | $0 | $1,175 |
| All Other Expenses | $382 | $466 | $0 | $848 |
| Other Expenses | $0 | $308 | $0 | $308 |
| Advertising | $0 | $120 | $0 | $120 |
| Total Functional Expenses | $112,081 | $59,586 | $0 | $171,667 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- 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
- No
- 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
Filing and Contact Details
Filer
- EIN
- 26-2633965
- Phone
- 5184385636
Signing Officer
- Name
- Brenda Rosenbaum
- Title
- Chair
- Phone
- 5184385636
- Signed
- 2015-01-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Brenda Rosenbaum
- Formed
- 2008
- Legal Domicile
- Ny
- Voting Board Members
- 9
- Independent Board Members
- 9
- Employees
- 1
- Volunteers
- 15
Preparer
- Preparer
- Edward S Romanzo
- Phone
- 5188696669
Supplemental Narrative
Additional Explanations
Pt VI, Line 11B
“The 990 is prepared with the assistance of the independent accounting”
Pt VI, Line 11B
“firm and reviewed by the Executive Director and Treasurer”
Pt VI, Line 11B
“of the Board of Directors. It is then provided to the full Board prior to filing.”
Pt VI, Line 12C
“Every year a conflict of interest policy is signed by all Officers,”
Pt VI, Line 12C
“Directors and key employees. Conflicts of interest arising”
Pt VI, Line 12C
“during the course of the year are required to be”
Pt VI, Line 12C
“immediately disclosed.”
Pt VI, Line 19
“Governing documents, conflict of interest statements and financial statements”
Pt VI, Line 19
“are available upon request. The Organization is considering making”
Pt VI, Line 19
“such documents available on its website.”
Form 990 Part III line 1
“To facilitate Mayan artisans access to Fair Trade Markets,”
FORM 990 PART III line 1
“such as but not limited to fair trade retail establishments,”
FORM 990 PART III line 1
“community group promotions, and fair trade focused events”
FORM 990 PART III line 1
“in New York as well as in the United States. To organize”
FORM 990 PART III line 1
“and facilitate experiential tours from the United States”
FORM 990 PART III line 1
“to visit different artisan groups, to gain a "hands-on"”
FORM 990 PART III line 1
“understanding of Mayan culture and to further encourage”
FORM 990 PART III line 1
“American consumers to engage in fair trade transactions.”
FORM 990 PART III line 1
“To offer the opportunity to Mayan producers/artisans to”
FORM 990 PART III line 1
“visit the United States so that they can have a better”
FORM 990 PART III line 1
“understanding of the nature of domestic markets here.”
FORM 990 PART III line 1
“To identify and secure both human and financial resources”
FORM 990 PART III line 1
“to assist Mayan artisans to achieve self-sustaining”
FORM 990 PART III line 1
“communities, by improving the conditions for their”
FORM 990 PART III line 1
“general health and welfare through business engagements”
FORM 990 PART III line 1
“in fair trade markets. To support the creation and”
Form 990EZ, Part II, Line 24
“Inventory accounts receivable deposit”
Form 990EZ, Part II, Line 26
“ACCOUNTS PAYABLE”
Form 990, Part IX, Line 24F
“Miscellaneous 466. 0. 466. 0. Bad debt 382. 382. 0. 0.”
FORM 990 PART III line 1
“development of informational programs to enable and”
FORM 990 PART III line 1
“empower Mayan people to bring themselves out of poverty”
FORM 990 PART III line 1
“while retaining their cultural heritage in general, and”
FORM 990 PART III line 1
“specifically in the creation and production of artisan”
FORM 990 PART III line 1
“products. To engage in informational exchanges in the”
FORM 990 PART III line 1
“United States, such as but not limited to, organizing”
FORM 990 PART III line 1
“fair trade events, talks regarding the works of Mayan”
FORM 990 PART III line 1
“artisans, and sales of artisan products to build awareness”
FORM 990 PART III line 1
“and understanding among American consumers, social and”
FORM 990 PART III line 1
“commmunity leaders, and the business community about”
FORM 990 PART III line 1
“the impact of fair trade exchanges on the lives of Mayan”
FORM 990 PART III line 1
“artisans and, in general, the lives of community based”
FORM 990 PART III line 1
“producers in the developing world.”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The 990 is prepared with the assistance of the independent accounting |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | firm and reviewed by the Executive Director and Treasurer |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | of the Board of Directors. It is then provided to the full Board prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Every year a conflict of interest policy is signed by all Officers, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Directors and key employees. Conflicts of interest arising |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | during the course of the year are required to be |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | immediately disclosed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Governing documents, conflict of interest statements and financial statements |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | are available upon request. The Organization is considering making |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | such documents available on its website. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | To facilitate Mayan artisans access to Fair Trade Markets, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | such as but not limited to fair trade retail establishments, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | community group promotions, and fair trade focused events |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | in New York as well as in the United States. To organize |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | and facilitate experiential tours from the United States |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | to visit different artisan groups, to gain a "hands-on" |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | understanding of Mayan culture and to further encourage |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | American consumers to engage in fair trade transactions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | To offer the opportunity to Mayan producers/artisans to |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | visit the United States so that they can have a better |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | understanding of the nature of domestic markets here. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | To identify and secure both human and financial resources |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 22 | to assist Mayan artisans to achieve self-sustaining |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 23 | communities, by improving the conditions for their |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 24 | general health and welfare through business engagements |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 25 | in fair trade markets. To support the creation and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 26 | INVENTORY ACCOUNTS RECEIVABLE DEPOSIT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 27 | ACCOUNTS PAYABLE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 28 | MISCELLANEOUS 466. 0. 466. 0. BAD DEBT 382. 382. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 29 | development of informational programs to enable and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 30 | empower Mayan people to bring themselves out of poverty |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 31 | while retaining their cultural heritage in general, and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 32 | specifically in the creation and production of artisan |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 33 | products. To engage in informational exchanges in the |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 34 | United States, such as but not limited to, organizing |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 35 | fair trade events, talks regarding the works of Mayan |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 36 | artisans, and sales of artisan products to build awareness |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 37 | and understanding among American consumers, social and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 38 | commmunity leaders, and the business community about |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 39 | the impact of fair trade exchanges on the lives of Mayan |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 40 | artisans and, in general, the lives of community based |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 41 | producers in the developing world. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990 Part III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 22 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 23 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 24 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 25 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 26 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 27 | Form 990EZ, Part II, Line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 28 | Form 990, Part IX, Line 24f |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 29 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 30 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 31 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 32 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 33 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 34 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 35 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 36 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 37 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 38 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 39 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 40 | FORM 990 PART III line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 41 | FORM 990 PART III line 1 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $182,624
- Liabilities
- $61,510
- Net assets
- $121,114
- Revenue
- $139,418
- Expenses
- $171,667
- Net income
- -$32,249