Hammer Band - From Violence to Violins

226 Balliol St., Suite 301
Toronto, ON M4S 1C5
Executive Director: Moshe Hammer
Board Chair: Benjy Katchen

Website: www.thehammerband.com
Charitable Reg. #: 81747 0628 RR0001
Sector: Social Services - At-Risk Youth
Operating Charity

Social Results Reporting

Grade: B-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Hammer Band - From Violence to Violins:

The Hammer Band - From Violence to Violins (HB) is an intensive program that teaches children in at-risk neighbourhoods both music and life skills. This program gives students the opportunity to participate in free weekly ensemble music lessons taught on violins.Upon making a nominal deposit, students are lent the instrument for the school year (hosting schools have programs in place to ensure it is not prohibitive for children of low-income families).

The band performs concerts and recitals before their community, including parents, siblings, friends and principals. In addition to the lessons and concerts, band members promise to practice for 30 minutes each day. The program is designed to promote students' development of listening skills, self-respect, pride in their accomplishments, and teamwork.

HB's vision is that "more time with the violin means less time on the street". The program aspires to keep kids away from the lure of drugs, violence and gang activity. Lessons begin in grade 4 and the program attempts to stay with the children through high school. HB is currently teaching music to 600 kids in 30 schools in the Greater Toronto Area.

Financial Review:

In F2013 administrative costs were 11% of revenues and fundraising costs were 6% of donations. Funding reserves of $163k cover annual program costs 2.3 times. The charity has not reported any paid employees for F2014.

This charity report is an update that has been sent to the charity for review. Changes and edits may be forthcoming.

Updated August 28, 2015.

Financial Ratios

Fiscal year ending December
201320122011
Administrative costs as % of revenues 11.2%12.3%22.3%
Fundraising costs as % of donations 5.9%4.3%2.4%
Program cost coverage (%) 226.9%163.3%90.4%

Summary Financial Statements

All figures in $s
201320122011
Donations 208,474120,02877,662
Total revenues 208,474120,02877,662
Program costs 71,84148,97545,741
Administrative costs 23,41714,70617,342
Fundraising costs 12,1965,1461,859
Cash flow from operations 101,02051,20112,720
Funding reserves 162,97379,95141,369
Note: Ci adjusted administrative & management expenses to reconcile with the charity’s CRA T3010 filing, reducing program costs by $11k in F2013, $9k in F2012, and $2k in F2011. No compensation provide in the charity's CRA T3010 filing.

Comments added by the Charity:

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