Consistent negative net income (expenses exceeding revenue) in most years, indicating reliance on asset drawdowns.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the summary data, hindering full efficiency assessment.
Strengths
Substantial and stable asset base ($800,930 in 202312) providing long-term financial security.
Zero officer compensation reported across all filings, indicating efficient use of funds.
Consistently low liabilities ($1 or $0), demonstrating sound financial management.
Long history of consistent IRS 990 filings, indicating transparency in reporting.
Spending Breakdown
How Hammerman Charitable Tr allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Hammerman Charitable Tr
Is Hammerman Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Hammerman Charitable Tr (EIN: 116417695) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Hammerman Charitable Tr a good charity to donate to?
Hammerman Charitable Tr has a Mission Score of 70/100. Revenue: $27K. Assets: $801K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hammerman Charitable Tr?
The Employer Identification Number (EIN) for Hammerman Charitable Tr is 116417695. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Hammerman Charitable Tr spend its money?
Hammerman Charitable Tr allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hammerman Charitable Tr's tax-exempt status?
You can verify Hammerman Charitable Tr's tax-exempt status using EIN 116417695 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Hammerman Charitable Tr appears to be a private foundation, given its consistent asset base and fluctuating, but generally low, annual revenues and expenses. The organization maintains a healthy asset base, with $800,930 in assets as of the latest filing (202312), significantly exceeding its annual expenses. However, the organization consistently spends more than it brings in through revenue, as seen in 202312 where revenue was $27,376 and expenses were $48,924, indicating it relies on its endowment or prior year contributions to cover operational costs. This is a common characteristic of private foundations that distribute grants from their principal.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent low liabilities ($1 or $0 across all filings) suggests sound financial management in terms of debt. The absence of officer compensation across all reported periods is a positive indicator of efficiency, as it means all expenses are directed towards the trust's charitable activities or administrative overhead.
Transparency is generally good given the availability of 990 filings. However, without specific program details or a breakdown of expenses beyond total expenses, it's challenging to fully understand the impact and specific activities of the trust. The lack of an NTEE code also makes it harder to benchmark its activities against similar organizations. Overall, the trust appears to be a stable, well-managed entity, albeit with limited public-facing detail on its specific charitable endeavors.