Mayan Hands Foundation Ltd

Albany, NY · Public charity (501(c)(3)) · International

✓ Tax-deductible
Revenue
$378K
-2% vs prior year
Spent
$315K
To programs
74%
Net assets
$764K
By yearFY2021–FY2025
Revenue
$378K
FY2025▼ -2%
Revenue by fiscal year
FY2021$252K
FY2022$427K
FY2023$312K
FY2024$387K
FY2025$378K
Expenses
$315K
FY2025▼ -11%
Expenses by fiscal year
FY2021$194K
FY2022$205K
FY2023$300K
FY2024$352K
FY2025$315K
Net assets
$764K
FY2025▲ +10%
Net assets by fiscal year
FY2021$410K
FY2022$631K
FY2023$643K
FY2024$694K
FY2025$764K

From the FY2025 Form 990 (year ending May 2025) · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CMayan Hands Foundation Ltd
EINHdr · item D26-2633965
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 2010
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAlbany, NY
NTEE classificationIRS BMFInternational (Q30)
WebsiteHdr · item Jwww.mayanhands.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.23 Fundraising $0.03
Program services74%$232K
Management & general23%$74K
Fundraising3%$9K
Total functional expensesLn 25$315K

Financial health

Is it on solid ground?

Program efficiency
74%
of spending reaches programs+0.4% vs prior filing year
Operating runway
14.0mo
months of highly liquid reserves at operating expense rate▼ -16% vs prior filing year
Surplus margin
+17%
revenue over expenses, this year▲ +87% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$807K
FY2025▲ +8%
Total assets by fiscal year
FY2021$440K
FY2022$683K
FY2023$690K
FY2024$745K
FY2025$807K
Total liabilities
$43K
FY2025▼ -17%
Total liabilities by fiscal year
FY2021$29K
FY2022$51K
FY2023$47K
FY2024$51K
FY2025$43K
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$807K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$145K
Total assetsLn 16$807K
Total liabilitiesLn 26$43K
Total net assetsLn 32$764K
Months of cash on handcomputed5.5

Statement of Revenue

Part VIII
Other revenue$185K · 49%
Contributions & grants$181K · 48%
Investment income$11K · 3%
Other revenue49%$185K
Contributions & grants48%$181K
Investment income3%$11K
Total revenueLn 12$378K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $366K · Operating expenses/yr $315K
14.0 months
Where the money goes
Program services
Program services $232K · Total expenses $315K
74%
Management & General
Management & general $74K · Total expenses $315K
23%
Fundraising
Fundraising $9K · Total expenses $315K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $149K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $181K · Total revenue $378K
48%
Government reliance
Government grants — · Total revenue $378K
—
Earned-income share
Program service revenue $0 · Total revenue $378K
0%
Investment reliance
Investment income $11K · Total revenue $378K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $315K
0%
Growth & trend
Revenue growth (YoY)
This year $378K · Prior year $387K
-2%
Revenue CAGR
FY2020 $252K · FY2024 $378K
+11%
Net-asset trend (YoY)
End of year $764K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $378K · Expenses $315K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $807K
—
Net-asset ratio
Net assets $764K · Total assets $807K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $221K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $807K
27%
People & payroll
Highest Reported Total Compensation
Individual Madeline Kreider Carlson · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $62K · Total expenses $315K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $152K · Total expenses $315K
48%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 74%——
Overhead ratio 23%——
Fundraising cost ratio 5%——
Revenue growth -2%——
Investment management fee ratio 0.2%——
Legal fee ratio 0.9%——
Accounting fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$62,308Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Madeline Kreider Carlson’s $62K as Executive Director is at the 58th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Madeline Kreider Carlson$62,308$60,000$17,692——
Anne Kelly - Van Wormer——$51,769$56,001$42,539

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Empowers Mayan women artisans in Guatemala with sustainable income to combat poverty.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $232K of program spending, described in the organization's own filed words · FY2024.
01

The 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.

$171Kprogram expense
02

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.

$41Kprogram expense
03

Mayan 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.

$20Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$19K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $378K$315K-2% 990 PDF
FY2024 $387K$352K+24% 990 PDF
FY2023 $312K$300K-27% 990 PDF
FY2022 $427K$205K+69% 990 PDF
FY2021 $252K$194K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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