Mayan Hands Foundation Ltd
Nonprofit profile at a glance
- EIN
- 262633965
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Albany, NY, USA
- Phone
- 5187291900
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $377,864
- Expenses
- $314,749
- Assets
- $806,580
- Liabilities
- $42,631
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- VERA ECCARIUS-KELLY (PRESIDENT)
- LAURIE NARANCH (PRESIDENT)
- MADELINE KREIDER CARLSON (EXECUTIVE DIRECTOR)
Highest reported compensation
- MADELINE KREIDER CARLSON (EXECUTIVE DIRECTOR): $62,308 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
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.
What it reported doing in 2024
Mayan 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.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 85
- Accountability: 90
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 73.8%; rating input score 74
- Fundraising efficiency: $20.6 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.7%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 2.56; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 19.8%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 9.6% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 9.6% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 11.1% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 73.8% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $232K in reported program spending
- Leadership: top reported pay $62K · 15 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.