THAI VILLAGE INC

EIN: 753240062 501(c)(3) Religion

DEERFIELD, WI

Total Revenue
$489,280
Total Expenses
$356,144
Total Assets
$531,358
Net Assets
$531,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
WI
Principal Officer
ELIZABETH MEISTER
Phone
6087648198
Tax Period
2023-07-01 to 2024-06-30

THAI VILLAGE INC, founded in 2008, is a small nonprofit in the Religion sector that reported $489K in total revenue in fiscal year 2023. The organization ran a surplus of $133K, a strong 27% operating margin.

Mission

EMPOWER DISADVANTAGED PEOPLE IN THAILAND IN A DIGNIFIED MANNER WITH EDUCATIONAL OPPORTUNITIES, INCLUDING VOCATIONAL SKILLS TRAINING AND BIBLICAL TRAINING, FOR THE PURPOSE OF INCREASING THEIR ABILITY TO BE SELF-SUFFICIENT, TO BE HEALTHY, AND TO CONTRIBUTE POSITIVELY TO SOCIETY IN THE FUTURE.

Program Service Accomplishments

Program 1
Expenses: $234,143 Revenue: $0

COMMUNITY DEVELOPMENT PROGRAM - LOCATED IN NORTHERN THAILAND AND FOCUSES ON VOCATIONAL DEVELOPMENT, FINANCIAL STEWARDSHIP TRAINING, DEBT RELIEF, BUSINESS CONSULTING, EDUCATION, AND HUMANITARIAN AID...

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COMMUNITY DEVELOPMENT PROGRAM - LOCATED IN NORTHERN THAILAND AND FOCUSES ON VOCATIONAL DEVELOPMENT, FINANCIAL STEWARDSHIP TRAINING, DEBT RELIEF, BUSINESS CONSULTING, EDUCATION, AND HUMANITARIAN AID. 44 ARTISANS BENEFITED FROM THIS PROGRAM.

Program 2
Expenses: $44,288 Revenue: $0

VOCATIONAL TRAINING PROGRAM - THAI VILLAGE PROVIDES DIGNIFIED WORK TO AT-RISK AND LOW-INCOME INDIVIDUALS. THE ARTISANS' INTERESTS, NEEDS, AND SKILLS ARE CONSIDERED AND MATCHED WITH AVAILABLE WORK...

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VOCATIONAL TRAINING PROGRAM - THAI VILLAGE PROVIDES DIGNIFIED WORK TO AT-RISK AND LOW-INCOME INDIVIDUALS. THE ARTISANS' INTERESTS, NEEDS, AND SKILLS ARE CONSIDERED AND MATCHED WITH AVAILABLE WORK. TRAINING TO MAKE HIGH-QUALITY PRODUCTS IS AN ESSENTIAL PART OF OUR VOCATIONAL TRAINING PROGRAM. THROUGH THIS PROGRAM, EACH ARTISAN IS ABLE TO EARN INCOME AND EXPAND THEIR ABILITY TO SUPPORT THEIR FAMILY. 54 ARTISANS AND 1 COMMUNITY GROUP BENEFITED FROM THIS PROGRAM

Program 3
Expenses: $13,400 Revenue: $0

CHURCH LEADER SUPPORT PROGRAM - THAI VILLAGE SUPPORTS LOCAL THAI CHURCHES BY CONTRIBUTING TO OVERHEAD EXPENSES, WITH STIPENDS FOR EVANGELISTS AND CHURCH LEADERS, AND BY PARTNERING WITH THESE CHURCHES...

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CHURCH LEADER SUPPORT PROGRAM - THAI VILLAGE SUPPORTS LOCAL THAI CHURCHES BY CONTRIBUTING TO OVERHEAD EXPENSES, WITH STIPENDS FOR EVANGELISTS AND CHURCH LEADERS, AND BY PARTNERING WITH THESE CHURCHES IN PROGRAMS AND OUTREACH EVENTS, SUCH AS CHRISTMAS AND VALENTINE'S DAY PARTIES, CHILDREN'S CARNIVALS, AND VBS PROGRAMS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $366,474
Program Service Revenue $0
Investment Income $1,096
Other Revenue $121,710
TOTAL REVENUE $489,280

Expense Breakdown

Grants Paid $249,633
Salaries & Benefits $50,400
Fundraising Expenses $29,686
Program Expenses $291,831
Other Expenses $56,111
TOTAL EXPENSES $356,144

Year-over-Year Comparison

2023 2022 Change
Revenue $489,280 $513,483 0.0%
Expenses $356,144 $501,182 -0.3%
Net Income $133,136 $12,301 +9.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
9

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
5
$25,200
Total Directors
6
$25,200
Key Employees
1
$25,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH MEISTER EXECUTIVE DIRECTOR 40
Officer Director Key Emp
$25,200 $0 $25,200
NANCY HUWE BOARD SECRETARY, EXECUTIVE DIRECTOR 10
Officer Director
$0 $0 $0
ERIC DUWE PRESIDENT OF THE BOARD 2
Officer Director
$0 $0 $0
JOYCE LEHMAN VICE PRESIDENT 7
Officer Director
$0 $0 $0
ANN SMITH BOARD MEMBER 2
Director
$0 $0 $0
DAVID MAYS TREASURER 2
Officer 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 No data No data No data No data
2024 $489,280 $356,144 $531,358 $133,136
2023 $513,483 $501,182 $398,222 $12,301
2022 $279,416 $118,262 $385,921 $161,154
2021 $89,955 $112,041 $224,767 $-22,086
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