PELLA, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FACULTY BENEVOLENT ASSOC INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $153K in total revenue in fiscal year 2023. Expenses of $132K left a modest 13% surplus.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $152,619 | $147,061 | +0.0% |
| Expenses | $132,194 | $129,241 | +0.0% |
| Net Income | $20,425 | $17,820 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANDREW AEILTS | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| LIZ VANDE KIEFT | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| GEORGE NWAOGU | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| TREVA REIMER | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MAGGIE SCHLERMANN | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| KAREN SPOELSTRA | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| JIM ZAFFIRO | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $152,619 | $132,194 | $245,621 | $20,425 |
| 2022 | $147,061 | $129,241 | $223,610 | $17,820 |
| 2021 | $148,429 | $104,498 | $207,681 | $43,931 |
| 2019 | $102,400 | $89,122 | $163,856 | $13,278 |
Compare FACULTY BENEVOLENT ASSOC INC with other nonprofits in Iowa and across the country.