Civic Intelligence

Faculty Benevolent Assoc Inc DBA the Work of Our Hands

990EZ • Fiscal year 2020 • EIN 42-1324634

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

627 Franklin StPella, IA 50219

(641) 628-8687

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

50th percentile

5.1%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

46th percentile

1.4%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$166,204

Up $2,348 (+1.4%) from 2019

Net Assets

Up

$158,233

Up $4,294 (+2.8%) from 2019

Liabilities

Down

$7,971

Down $1,946 (-20%) from 2019

Revenue

Down

$84,164

Down $18,236 (-18%) from 2019

Expenses

Down

$79,870

Down $9,252 (-10%) from 2019

Net Income

Down

$4,294

Down $8,984 (-68%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $88,247Liabilities 2010: $1,456Net Assets 2010: $86,7912010Assets 2011: $95,144Liabilities 2011: $1,798Net Assets 2011: $93,3462011Assets 2012: $103,749Liabilities 2012: $824Net Assets 2012: $102,9252012Assets 2013: $112,082Liabilities 2013: $1,183Net Assets 2013: $110,8992013Assets 2014: $127,556Liabilities 2014: $1,396Net Assets 2014: $126,1602014Assets 2015: $130,653Liabilities 2015: $1,753Net Assets 2015: $128,9002015Assets 2016: $130,536Liabilities 2016: $3,067Net Assets 2016: $127,4692016Assets 2017: $135,127Liabilities 2017: $8,055Net Assets 2017: $127,0722017Assets 2018: $150,139Liabilities 2018: $9,478Net Assets 2018: $140,6612018Assets 2019: $163,856Liabilities 2019: $9,917Net Assets 2019: $153,9392019Assets 2020: $166,204Liabilities 2020: $7,971Net Assets 2020: $158,2332020Assets 2021: $207,681Liabilities 2021: $5,517Net Assets 2021: $202,1642021Assets 2022: $223,610Liabilities 2022: $3,626Net Assets 2022: $219,9842022Assets 2023: $245,621Liabilities 2023: $5,212Net Assets 2023: $240,4092023Assets 2024: $245,621Liabilities 2024: $5,212Net Assets 2024: $240,4092024

Highlighted filing

2020

Assets$166,204
Liabilities$7,971
Net Assets$158,233

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $48,874Expenses 2010: $46,750Net Income 2010: $2,1242010Revenue 2011: $58,617Expenses 2011: $52,062Net Income 2011: $6,5552011Revenue 2012: $59,880Expenses 2012: $50,301Net Income 2012: $9,5792012Revenue 2013: $68,775Expenses 2013: $60,801Net Income 2013: $7,9742013Revenue 2014: $94,344Expenses 2014: $79,083Net Income 2014: $15,2612014Revenue 2015: $92,258Expenses 2015: $89,518Net Income 2015: $2,7402015Revenue 2016: $87,222Expenses 2016: $88,653Net Income 2016: -$1,4312016Revenue 2017: $87,927Expenses 2017: $88,324Net Income 2017: -$3972017Revenue 2018: $92,206Expenses 2018: $78,616Net Income 2018: $13,5902018Revenue 2019: $102,400Expenses 2019: $89,122Net Income 2019: $13,2782019Revenue 2020: $84,164Expenses 2020: $79,870Net Income 2020: $4,2942020Revenue 2021: $148,429Expenses 2021: $104,498Net Income 2021: $43,9312021Revenue 2022: $147,061Expenses 2022: $129,241Net Income 2022: $17,8202022Revenue 2023: $152,619Expenses 2023: $132,194Net Income 2023: $20,4252023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2020

Revenue$84,164
Expenses$79,870
Net Income$4,294
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$168,032
Mission and Program Overview

Mission

The work of our hands is a nonprofit retail outlet, supported by volunteers, which markets handcrafts made by poor artisans in developing countries and parts of the united states. Purchasing through fair trade organizations (ftos) assures that the artisans receive a fair price for their products. The work of our hands is an ecumenical christian mission. It links individuals from various churches and backgrounds within the pella area in a common concern for the world's poor. It relies on ftos working with economically disadvantaged people; helping the poor and hungry support themselves. People of many nations join together in an active venture of love and hope. The work of our hands is an educational mission. It provides information to volunteers, customers and the community about the economically disadvantaged artisans and the conditions under which they work and live.

Program Services

DescriptionGrantsExpenses
OPERATION OF THE WORK OF OUR HANDS RETAIL STORE. STORE SELLS GOODS PURCHASED FROM ORGANIZATIONS IN THIRD WORLD AND DEVELOPING COUNTRIES TO SUPPORT THEIR INDEPENDENT LIVING. PROFITS ARE DONATED TO OTHER ORGANIZATIONS.-$79,870
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN SPOELSTRAPresident-$0--
ANDREW AEILTSVice Preside-$0--
MAGGIE SCHLERMANNTreasurer-$0--
JIM ZAFFIROSecretary-$0--
LIZ VANDE KIEFTDirector-$0--
GEORGE NWAOGUDirector-$0--
TREVA REIMERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Faculty Benevolent Assoc Inc
EIN
42-1324634
Phone
6416288687
Address
627 FRANKLIN ST, PELLA, IA 50219

Signing Officer

Name
Karen Spoelstra
Title
President
Phone
6416288687
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Van Maanen Sietstra Meyer & Nikkel Pc
Address
PO BOX 381, PELLA, IA 50219-0381
Preparer
Brett Nikkel CPA
Phone
6416283737
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Sales advertising and promotion 1,424 insurance 2,999 credit card fees 4,154 customer appreciation 103 damaged inventory 161 dues & subscriptions 644 off site sales expense 30 telephone 2,009 professional development 43 store expenses 4,605 volunteer recognition 94 bank charges 39 shipping and delivery 95 total 16,400

Form 990-ez, Part II, Line 24

Inventories for sale or use 43,751 43,163 prepaid expenses and deferred charges 0 210 total 43,751 43,373

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 6,356 3,825 payroll taxes payable 1,954 2,475 gift cards redeemable 1,607 1,671

Form 990-ez, Part III

The work of our hands is a nonprofit retail outlet, supported by volunteers, which markets handcrafts made by poor artisans in developing countries and parts of the united states. Purchasing through fair trade organizations (ftos) assures that the artisans receive a fair price for their products. The work of our hands is an ecumenical christian mission. It links individuals from various churches and backgrounds within the pella area in a common concern for the world's poor. It relies on ftos working with economically disadvantaged people; helping the poor and hungry support themselves. People of many nations join together in an active venture of love and hope. The work of our hands is an educational mission. It provides information to volunteers, customers and the community about the economically disadvantaged artisans and the conditions under which they work and live.

Form 990-ez, Part III, Line 28

Operation of the work of our hands retail store. Store sells goods purchased from organizations in third world and developing countries to support their independent living. Profits are donated to other organizations.

Raw XML Appendix182 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0KAREN SPOELSTRA
CompensationExplanation/CompensationExplanationGrp/PersonNm1ANDREW AEILTS
CompensationExplanation/CompensationExplanationGrp/PersonNm2MAGGIE SCHLERMANN
CompensationExplanation/CompensationExplanationGrp/PersonNm3JIM ZAFFIRO
CompensationExplanation/CompensationExplanationGrp/PersonNm4LIZ VANDE KIEFT
CompensationExplanation/CompensationExplanationGrp/PersonNm5GEORGE NWAOGU
CompensationExplanation/CompensationExplanationGrp/PersonNm6TREVA REIMER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt043751
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043373
IRS990EZ/OtherExpensesTotalAmt016400
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IRS990EZ/PrimaryExemptPurposeTxt0THE WORK OF OUR HANDS IS A NONPROFIT RETAIL OUTLET, SUPPORTED BY VOLUNTEERS, WHICH MARKETS HANDCRAFTS MADE BY POOR ARTISANS IN DEVELOPING COUNTRIES AND PARTS OF THE UNITED STATES. PURCHASING THROUGH FAIR TRADE ORGANIZATIONS (FTOS) ASSURES THAT THE ARTISANS RECEIVE A FAIR PRICE FOR THEIR PRODUCTS. THE WORK OF OUR HANDS IS AN ECUMENICAL CHRISTIAN MISSION. IT LINKS INDIVIDUALS FROM VARIOUS CHURCHES AND BACKGROUNDS WITHIN THE PELLA AREA IN A COMMON CONCERN FOR THE WORLD'S POOR. IT RELIES ON FTOS WORKING WITH ECONOMICALLY DISADVANTAGED PEOPLE; HELPING THE POOR AND HUNGRY SUPPORT THEMSELVES. PEOPLE OF MANY NATIONS JOIN TOGETHER IN AN ACTIVE VENTURE OF LOVE AND HOPE. THE WORK OF OUR HANDS IS AN EDUCATIONAL MISSION. IT PROVIDES INFORMATION TO VOLUNTEERS, CUSTOMERS AND THE COMMUNITY ABOUT THE ECONOMICALLY DISADVANTAGED ARTISANS AND THE CONDITIONS UNDER WHICH THEY WORK AND LIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATION OF THE WORK OF OUR HANDS RETAIL STORE. STORE SELLS GOODS PURCHASED FROM ORGANIZATIONS IN THIRD WORLD AND DEVELOPING COUNTRIES TO SUPPORT THEIR INDEPENDENT LIVING. PROFITS ARE DONATED TO OTHER ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt079870
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079870
IRS990EZ/TotalProgramServiceExpensesAmt079870
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WORKOFOURHANDS.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SALES ADVERTISING AND PROMOTION 1,424 INSURANCE 2,999 CREDIT CARD FEES 4,154 CUSTOMER APPRECIATION 103 DAMAGED INVENTORY 161 DUES & SUBSCRIPTIONS 644 OFF SITE SALES EXPENSE 30 TELEPHONE 2,009 PROFESSIONAL DEVELOPMENT 43 STORE EXPENSES 4,605 VOLUNTEER RECOGNITION 94 BANK CHARGES 39 SHIPPING AND DELIVERY 95 TOTAL 16,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 43,751 43,163 PREPAID EXPENSES AND DEFERRED CHARGES 0 210 TOTAL 43,751 43,373
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,356 3,825 PAYROLL TAXES PAYABLE 1,954 2,475 GIFT CARDS REDEEMABLE 1,607 1,671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE WORK OF OUR HANDS IS A NONPROFIT RETAIL OUTLET, SUPPORTED BY VOLUNTEERS, WHICH MARKETS HANDCRAFTS MADE BY POOR ARTISANS IN DEVELOPING COUNTRIES AND PARTS OF THE UNITED STATES. PURCHASING THROUGH FAIR TRADE ORGANIZATIONS (FTOS) ASSURES THAT THE ARTISANS RECEIVE A FAIR PRICE FOR THEIR PRODUCTS. THE WORK OF OUR HANDS IS AN ECUMENICAL CHRISTIAN MISSION. IT LINKS INDIVIDUALS FROM VARIOUS CHURCHES AND BACKGROUNDS WITHIN THE PELLA AREA IN A COMMON CONCERN FOR THE WORLD'S POOR. IT RELIES ON FTOS WORKING WITH ECONOMICALLY DISADVANTAGED PEOPLE; HELPING THE POOR AND HUNGRY SUPPORT THEMSELVES. PEOPLE OF MANY NATIONS JOIN TOGETHER IN AN ACTIVE VENTURE OF LOVE AND HOPE. THE WORK OF OUR HANDS IS AN EDUCATIONAL MISSION. IT PROVIDES INFORMATION TO VOLUNTEERS, CUSTOMERS AND THE COMMUNITY ABOUT THE ECONOMICALLY DISADVANTAGED ARTISANS AND THE CONDITIONS UNDER WHICH THEY WORK AND LIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OPERATION OF THE WORK OF OUR HANDS RETAIL STORE. STORE SELLS GOODS PURCHASED FROM ORGANIZATIONS IN THIRD WORLD AND DEVELOPING COUNTRIES TO SUPPORT THEIR INDEPENDENT LIVING. PROFITS ARE DONATED TO OTHER ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SPOELSTRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06416288687
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FACULTY BENEVOLENT ASSOC INC
ReturnHeader/Filer/BusinessNameControlTxt0FACU
ReturnHeader/Filer/EIN0421324634
ReturnHeader/Filer/PhoneNum06416288687
ReturnHeader/Filer/USAddress/AddressLine1Txt0627 FRANKLIN ST
ReturnHeader/Filer/USAddress/CityNm0PELLA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050219
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421260052
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VAN MAANEN SIETSTRA MEYER & NIKKEL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 381
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PELLA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0502190381
ReturnHeader/PreparerPersonGrp/PhoneNum06416283737
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRETT NIKKEL CPA
ReturnHeader/ReturnTs02021-11-10T16:44:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPOELSTRA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.05$2.40$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.05$2.40$1.53$1.32$0.20
2022Detailed filing. Detailed filing data is available for this year.$2.24$0.04$2.20$1.47$1.29$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.08$0.06$2.02$1.48$1.04$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.66$0.08$1.58$0.84$0.80$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.10$1.54$1.02$0.89$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.09$1.41$0.92$0.79$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.08$1.27$0.88$0.88$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.27$0.87$0.89$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.02$1.29$0.92$0.90$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.26$0.94$0.79$0.15
2013Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$0.69$0.61$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.01$1.03$0.60$0.50$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.02$0.93$0.59$0.52$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.01$0.87$0.49$0.47$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits