Hammer & Nails Inc is a 501(c)(3) organization based in Canton, Ohio, registered in 2004, with $200,786 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$201K
▼ 24.9% vs prior year
Housing median: $408K
Expenses (FY2023)
$279K
Net assets
$241K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hammer & Nails Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hammer & Nails Inc: 10 mo reserves · -39% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hammer & Nails Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hammer & Nails Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $105K (FY2018) to $201K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-38.8%
Spent more than it raised in the latest fiscal year.
Total assets
$241K
Total liabilities
$0
Net assets
$241K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $200,786▼24.9% | $278,622▲18.5% | $240,840▼24.4% | $240,840▼24.4% | 990 |
| 2022 | $267,185▼12.7% | $235,051▲5.6% | $318,676▲10.7% | $318,676▲10.7% | 990 |
| 2021 | $306,084▲135% | $222,572▲106% | $287,795▲40.9% | $287,795▲40.9% | 990 |
| 2020 | $130,245▲23.6% | $108,260▼55.8% | $204,283▼9.1% | $204,283▼10.1% | 990 |
| 2018 | $105,345 | $245,009 | $224,631 | $227,210 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Hammer & Nails Inc totaling $163K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Stark Community Foundation Inc | Human services | 2024 | $9,950 |
| Stark Community Foundation Inc | Human services | 2023 | $7,800 |
| Rochester Area Community Foundation | For general support | 2022 | $12,500 |
| Stark Community Foundation Inc | Human service | 2022 | $8,600 |
| Stark Community Foundation Inc | General support | 2021 | $33,450 |
| Stark Community Foundation Inc | General support | 2017 | $57,150 |
| Stark Community Foundation Inc | General support | 2016 | $6,500 |
| Stark Community Foundation Inc | General | 2015 | $27,000 |
Explore more
Data for Hammer & Nails Inc (EIN 34-1919568) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.