Civic Intelligence

Mayan Hands Foundation Ltd.

990 • Fiscal year 2018 • EIN 26-2633965

Jun 01, 2017 to May 31, 2018 • Filed on Oct 19, 2018

420 Whitehall RoadAlbany, NY 12208

(518) 729-1900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.05x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • NTEE Q • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2018 filings • NTEE Q • $500k-$1M nonprofits • Source year 2018

Net Margin

86th percentile

29%

Higher net margin than 86% of similar nonprofits.

2018 filings • NTEE Q • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE Q • $500k-$1M nonprofits • Source year 2018

Asset Growth

66th percentile

26%

Faster asset growth than 66% of similar nonprofits.

2018 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

29%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • NTEE Q • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$228,395

Up $47,713 (+26%) from 2017

Net Assets

Up

$217,620

Up $61,818 (+40%) from 2017

Liabilities

Down

$10,775

Down $14,105 (-57%) from 2017

Revenue

Up

$213,652

Up $48,577 (+29%) from 2017

Expenses

Up

$151,834

Up $10,073 (+7.1%) from 2017

Net Income

Up

$61,818

Up $38,504 (+165%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2018

Assets$228,395
Liabilities$10,775
Net Assets$217,620

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$213,652
Expenses$151,834
Net Income$61,818
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Oct 19, 2018
Return Version
2017v2.2
Gross Receipts
$501,905
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 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
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$89,124$111,154▲ $22,030
Inventories for Sale or Use$81,167$97,716▲ $16,549
Accounts Receivable$9,891$18,050▲ $8,159
Total Assets$180,682$228,395▲ $47,713
Other Assets Total$500$1,475▲ $975
Liabilities
Accounts Payable and Accrued Expenses$24,880$10,775▼ $14,105
Total Liabilities$24,880$10,775▼ $14,105
Net Assets / Fund Balance
Unrestricted Net Assets$155,802$217,620▲ $61,818
Total Net Assets Fund Balance$155,802$217,620▲ $61,818
Total Liabilities and Net Assets / Fund Balance$180,682$228,395▲ $47,713
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ricardo Lopez-torrijosPresident
Vera Eccarius-kellyVice President
Alice SchradeDirector
Brenda RosenbaumDirector
Kathy HatfieldDirector
Liva JacobyDirector
Mark Van WormerDirector
Christine GalvinSecretary
Dan WelchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,328
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$141,324
All Other Contributions
$72,328
Change in Net Assets
$61,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$84,784
Other Expenses$67,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,799$21,653$0$78,452
Fees for Services Other$20,645$0$0$20,645
Fees for Services Accounting$0$8,462$0$8,462
Payroll Taxes$4,583$1,749$0$6,332
Advertising$0$4,045$0$4,045
Office Expenses$0$2,304$0$2,304
Insurance$0$2,121$0$2,121
Information Technology$0$1,454$0$1,454
Travel$0$1,268$0$1,268
All Other Expenses$552$615$0$1,167
Other Expenses$0$177$0$177
Total Functional Expenses$105,412$46,422$0$151,834
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
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

Filer Name
Mayan Hands Foundation Ltd
EIN
26-2633965
Phone
5187291900
Address
420 Whitehall Road, Albany, NY 12208

Signing Officer

Name
Ricardo Lopez-torrijos
Title
President
Phone
5187291900
Signed
2018-10-19
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
10

Preparer

Firm
Romanzo & Company CPAs LLC
Address
401 New Karner Road, Albany, NY 12205
Preparer
Edward S Romanzo CPA
Phone
5188696669
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is prepared with the assistance of the independent

Pt VI, Line 11B

accounting firm and reviewed by the Executive Director and

Pt VI, Line 11B

Treasurer of the Board of Directors. It is then provided to

Pt VI, Line 11B

the full Board prior to filing.

Pt VI, Line 12C

Every year a conflict of interest policy is signed by all

Pt VI, Line 12C

Officers, Directors and key employees. Conflicts of

Pt VI, Line 12C

interest arising during the course of the year are required

Pt VI, Line 12C

to be immediately disclosed.

Pt VI, Line 19

Governing documents, conflict of interest statements and

Pt VI, Line 19

financial statements are available upon request. The

Pt VI, Line 19

Organization is considering making such documents available

Pt VI, Line 19

on its website.

Other

Part III line 1 cont. To facilitate Mayan artisans access to fair trade

Other

Part III line 1 markets, such as but not limited to fair trade retail

Other

Part III line 1 establishments, community group promotions, and fair

Other

Part III line 1 trade focused events in New York as well as in the

Other

Part III line 1 United States. To organize and facilitate experiential

Other

Part III line 1 tours from the United States to visit different

Other

Part III line 1 artisan groups, to gain a "hands-on" understanding

Other

Part III line 1 of Mayan culture and to further encourage American

Other

Part III line 1 consumers to engage in fair trade transactions.

Other

Part III line 1 To offer the opportunity to Mayan producers/artisans

Other

Part III line 1 to visit the United States so that they can have a

Other

Part III line 1 better understanding of the nature of domestic markets

Other

Part III line 1 here. To identify and secure both human and financial

Other

Part III line 1 resources to assist Mayan artisans to achieve self-

Other

Part III line 1 sustaining communities, by improving the conditions for

Other

Part III line 1 their general health and welfare through business

Other

Part III line 1 engagements in fair trade markets. To support the

Other

Part III line 1 creation and development of informational programs to

Other

Part III line 1 enable and empower Mayan people to bring themselves out

Other

Part III line 1 of poverty while retaining their heritage in general,

Other

Part III line 1 and specifically in the creation and production of

Other

Part III line 1 artisan products. To engage in informational exchanges

Other

Part III line 1 in the United States, such as but not limited to,

Other

Part III line 1 organizing fair trade events, talks regarding the works

Other

Part III line 1 of Mayan artisans, and sales of artisan products to

Other

Part III line 1 build awareness and understanding among American

Other

Part III line 1 consumers, social and community leaders, and the

Other

Part III line 1 business community about the impact of fair trade

Other

Part III line 1 exchanges on the lives of Mayan artisians and, in

Other

Part III line 1 general, the lives of commuinity based producers in

Other

Part III line 1 the developing world.

Form 990EZ, Part II, Line 24

INVENTORY

Form 990EZ, Part II, Line 24

ACCOUNTS RECEIVABLE

Form 990EZ, Part II, Line 24

DEPOSIT

Form 990EZ, Part II, Line 26

ACCOUNTS PAYABLE

Form 990, Part IX, Line 24E

Miscellaneous 340. 0. 340. 0.

Form 990, Part IX, Line 24E

Equipment rental & maintenance 275. 0. 275. 0.

Form 990, Part IX, Line 24E

Bad debt expense 552. 552. 0. 0.

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IRS990/OtherExpensesGrp/TotalAmt2861
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt061677
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt054435
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared with the assistance of the independent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1accounting firm and reviewed by the Executive Director and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Treasurer of the Board of Directors. It is then provided to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the full Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Every year a conflict of interest policy is signed by all
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Officers, Directors and key employees. Conflicts of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6interest arising during the course of the year are required
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7to be immediately disclosed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Governing documents, conflict of interest statements and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9financial statements are available upon request. The
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Organization is considering making such documents available
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11on its website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Part III line 1 cont. To facilitate Mayan artisans access to fair trade
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Part III line 1 markets, such as but not limited to fair trade retail
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Part III line 1 establishments, community group promotions, and fair
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Part III line 1 trade focused events in New York as well as in the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Part III line 1 United States. To organize and facilitate experiential
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Part III line 1 tours from the United States to visit different
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Part III line 1 artisan groups, to gain a "hands-on" understanding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Part III line 1 of Mayan culture and to further encourage American
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Part III line 1 consumers to engage in fair trade transactions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Part III line 1 To offer the opportunity to Mayan producers/artisans
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Part III line 1 to visit the United States so that they can have a
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23Part III line 1 better understanding of the nature of domestic markets
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Part III line 1 here. To identify and secure both human and financial
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25Part III line 1 resources to assist Mayan artisans to achieve self-
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26Part III line 1 sustaining communities, by improving the conditions for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27Part III line 1 their general health and welfare through business
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28Part III line 1 engagements in fair trade markets. To support the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29Part III line 1 creation and development of informational programs to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30Part III line 1 enable and empower Mayan people to bring themselves out
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31Part III line 1 of poverty while retaining their heritage in general,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32Part III line 1 and specifically in the creation and production of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33Part III line 1 artisan products. To engage in informational exchanges
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt34Part III line 1 in the United States, such as but not limited to,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt35Part III line 1 organizing fair trade events, talks regarding the works
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt36Part III line 1 of Mayan artisans, and sales of artisan products to
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt37Part III line 1 build awareness and understanding among American
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt38Part III line 1 consumers, social and community leaders, and the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt39Part III line 1 business community about the impact of fair trade
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt40Part III line 1 exchanges on the lives of Mayan artisians and, in
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt41Part III line 1 general, the lives of commuinity based producers in
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt42Part III line 1 the developing world.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt43INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt44ACCOUNTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt45DEPOSIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt46ACCOUNTS PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt47MISCELLANEOUS 340. 0. 340. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt48EQUIPMENT RENTAL & MAINTENANCE 275. 0. 275. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt49BAD DEBT EXPENSE 552. 552. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Other
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Other
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Other
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc37Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc38Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc39Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc40Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc41Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc42Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc43Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc44Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc45Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc46Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc47Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc48Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc49Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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