Hammond Climate Solutions Foundation EIN 87-2361436 Form 990 (PDF) Claim this org

Hammond Climate Solutions Foundation

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Advocates for a fair and sustainable future by speeding up positive change. For fiscal year 2024 it reported $1.1M in revenue, $616K in expenses, and $1.2M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
La Jolla, CA
Filings
4 on file (2021–2024)
Revenue
$1.1MFY2024
Expenses
$616K
Net assets
$1.2M
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-2361436 Public charity (501(c)(3)) La Jolla, CA
Form 990 (PDF)
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Size
$1–10M
What they do
Advocates for a fair and sustainable future by speeding up positive change.
Leadership
Tara Hammond · Executive Di · $80K
Money in and out
$1.1M revenue, $616K expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$616K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $440K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.05
Program efficiency
95%
of spending reaches programs▲ +16% vs prior filing year
Operating runway
19.0mo
months of highly liquid reserves at operating expense rate▼ -26% vs prior filing year
Surplus margin
+42%
revenue over expenses, this year▲ +112% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.1M
FY2024▲ +141%
Expenses
$616K
FY2024▲ +75%
Total assets
$1.2M
FY2024▲ +58%
Total liabilities
$0
FY2024
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$616K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$440K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHammond Climate Solutions Foundation
EINHdr · item D87-2361436
Principal addressHdr · item CLa Jolla, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C02)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$80,000Pt VII · Sec A
Chair of the
$0Pt VII · Sec A
Vice Chair O
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A

Tara Hammond’s $80K as Executive Di is at the 13th percentile of top reported officer pay among 1845 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Tara Hammond$80,000$86,252$125,005
Justin Hammond$41,252$81,252

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $584K of program spending, described in the organization's own filed words · FY2024.
01

Perform activities in the arena of climate and climate justice

$584Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 96%
Investment income$38K · 4%
Program service revenue$6K · 1%
Contributions & grants96%$1.0M
Investment income4%$38K
Program service revenue1%$6K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$584K
Management & general5%$32K
Total functional expensesLn 25$616K

Balance Sheet

Part X · end of year
CashLn 1$977K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.2M
Months of cash on handcomputed19.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $977K · Operating expenses/yr $616K
19.0 months
Where the money goes
Program services
Program services $584K · Total expenses $616K
95%
Management & General
Management & general $32K · Total expenses $616K
5%
Fundraising
Fundraising $0 · Total expenses $616K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $748K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.1M
96%
Government reliance
Government grants — · Total revenue $1.1M
Earned-income share
Program service revenue $6K · Total revenue $1.1M
0.6%
Investment reliance
Investment income $38K · Total revenue $1.1M
+4%
Program self-sufficiency
Program service revenue $6K · Total expenses $616K
1.0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $438K
+141%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $616K
+42%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tara Hammond · Reported title EXECUTIVE DI · Highest reported compensation $80K · Total expenses $616K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $158K · Total expenses $616K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 5%
Fundraising cost ratio 0%
Revenue growth 141%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
B QuestFY2024$25K
Total grants receivedfrom 4 funders$531K
See all 4 funders →
Grants paid · 15 grants · $519K · 2022–2024
Unitemized GrantFY2024$51,414
La Crosse Public Education FoundatiFY2024$50,000
Gustavus Adolphus CollegeMN · FY2024$25,000
Hope Village Tiny Housing AlternatiFY2024$25,000
Stuart C Gilfred Family YMCAFY2024$25,000
Sauk Prairie School DistrictFY2024$25,000
Sugar Creek Lutheran ChurchWI · FY2024$25,000
John Bossard Memorial LibraryFY2024$20,703
Northeast Iowa Council BsaFY2024$16,575
Five Star LifeIN · FY2023$25,000
School District of La CrosseFY2022$22,500
School District of West SalemFY2022$22,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · viewing · ⤓ 990 PDF
FY2023$438K revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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