MENNONITE ECONOMIC DEVELOPMENT ASS… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $3,010,578 Revenue: $3,274,982

MEDA works alongside our partners and clients to help: i) alleviate poverty, ii) support sustainable business growth and livelihoods, iii) women move into more valued and equitable roles in their...

MEDA works alongside our partners and clients to help: i) alleviate poverty, ii) support sustainable business growth and livelihoods, iii) women move into more valued and equitable roles in their economies, iv) businesses and small entrepreneurs gain access to financial services including investment, adopt clean technologies/climate-smart approaches, and minimize their environmental footprint, and v) improve their economies. MEDA's development programs include a full range of economic development tools: financial services, improved technology, business training and better access to markets. Our development program work most often focuses on women, youth and people living in poverty in rural areas.

Program 2

Expenses: $1,143,988 Revenue: $249,109

MEDA develops and invests in vehicles that assist low-income persons in developing countries through the provision of credit and equity financing that creates businesses and income generation to...

MEDA develops and invests in vehicles that assist low-income persons in developing countries through the provision of credit and equity financing that creates businesses and income generation to assist the poor.

Program 3

Expenses: $1,987,899 Revenue: $200,025

MEDA programs facilitates the connection of faith and work through discussions, publications and conventions for participants.

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$190,701

Highest Compensated

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

MENNONITE ECONOMIC DEVELOPMENT ASSOCIATES