MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES

EIN: 237398678 501(c)(3) International Affairs

Lancaster, PA

Total Revenue
$9,546,791
Total Expenses
$8,405,506
Total Assets
$17,608,172
Net Assets
$14,623,115
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
PA
Principal Officer
Wendy Clayson
Phone
8006657026
Tax Period
2024-07-01 to 2025-06-30

MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES, founded in 1973, is a community nonprofit in the International Affairs sector that reported $9.5M in total revenue in fiscal year 2024. Expenses of $8.4M left a modest 12% surplus.

Mission

MEDA creates business solutions to poverty.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,993,835
Program Service Revenue $449,134
Investment Income $14,307
Other Revenue $89,515
TOTAL REVENUE $9,546,791

Expense Breakdown

Grants Paid $3,010,578
Salaries & Benefits $2,487,249
Fundraising Expenses $2,211,390
Program Expenses $6,142,465
Other Expenses $2,907,679
TOTAL EXPENSES $8,405,506

Year-over-Year Comparison

2024 2023 Change
Revenue $9,546,791 $9,388,424 +0.0%
Expenses $8,405,506 $9,377,653 -0.1%
Net Income $1,141,285 $10,771 +105.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
14
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
4
$0
Key Employees
1
$190,701
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Claude Clodomir Chief of Party, Haiti, MEDA 37.5
Highest
$377,177 $0 $377,177
Dorothy Nyambi President/CEO, MEDA 37.5
Key Emp
$0 $0 $190,701
Josh Landis Interim VP Philanthropy & Public Engagement 37.5
Highest
$188,027 $0 $188,027
Gina Volynsky SVP, Partnerships & Business Accelerator 37.5
Highest
$160,218 $0 $160,218
Mike Miller Sr. Vice President, Marketing & Development, MEDA 37.5
Highest
$160,204 $0 $160,204
Derek Camaron VP Global Programs 37.5
Highest
$0 $0 $138,363
Crystal Weaver Board Director, Chair 0
Director
$0 $0 $0
Andreas Quiring Board Director, Treasurer 0
Director
$0 $0 $0
Verda Beachey Board Director, Secretary 0
Director
$0 $0 $0
Bethany Fosdyck Board Director - Vice Chair 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,546,791 $8,405,506 $17,608,172 $1,141,285
2024 $9,388,424 $9,377,653 $19,071,492 $10,771
2023 $11,559,834 $10,809,751 $19,730,904 $750,083
2022 $14,802,817 $10,655,445 $26,265,593 $4,147,372
2021 $8,967,684 $8,229,735 $30,497,243 $737,949
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