HAMMER AND HEART

EIN: 863969037 501(c)(3) Housing & Shelter

BLACK MOUNTAIN, NC

Total Revenue
$301,703
Total Expenses
$159,801
Total Assets
$242,222
Net Assets
$237,287
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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
2021
Principal Officer
PATTY HALL
Tax Period
2024-01-01 to 2024-12-31

HAMMER AND HEART, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $302K in total revenue in fiscal year 2024. The organization ran a surplus of $142K, a strong 47% operating margin.

Mission

TO PROVIDE URGENT HOME REPAIRS TO NEIGHBORS OF THE SWANNANOA VALLEY WHO ARE FINANCIALLY UNABLE TO MAINTAIN THEIR HOMES IN A SAFE OR LIVABLE CONDITION.

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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 $299,532
Program Service Revenue $0
Investment Income $1,512
Other Revenue $659
TOTAL REVENUE $301,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,601
Fundraising Expenses $18,984
Program Expenses $111,350
Other Expenses $106,200
TOTAL EXPENSES $159,801

Year-over-Year Comparison

2024 2023 Change
Revenue $301,703 N/A N/A
Expenses $159,801 N/A N/A
Net Income $141,902 N/A N/A
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
6
Independent Members
6
Employees
N/A
Volunteers
85

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
4
$53,600
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN FORTSON EXECUTIVE DI 40.00
Officer
$53,600 $0 $53,600
YVONNE CHAMBERLAIN TREASURER 1.00
Officer Director
$0 $0 $0
PAUL GINTHER BOARD MEMBER 0.50
Director
$0 $0 $0
PATTY HALL CHAIR 1.00
Officer Director
$0 $0 $0
PRISCILLA MAXWELL BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA SCHULTZ SECRETARY 0.75
Officer Director
$0 $0 $0
RON SPRINGS BOARD MEMBER 0.50
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
2024 $301,703 $159,801 $242,222 $141,902
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