Civic Intelligence

The Tool Library Inc

990EZ • Fiscal year 2020 • EIN 82-3550585

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 28, 2022

5 W Northruo PlaceBuffalo, NY 14214

(716) 857-0096

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

75th percentile

29%

Higher net margin than 75% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$118,262

No earlier filing loaded for comparison.

Net Assets

$118,262

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$76,033

No earlier filing loaded for comparison.

Expenses

$53,646

No earlier filing loaded for comparison.

Net Income

$22,387

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2020: $118,262Net Assets 2020: $118,2622020Assets 2021: $239,886Liabilities 2021: $100Net Assets 2021: $239,7862021Assets 2022: $275,985Liabilities 2022: $367Net Assets 2022: $275,6182022Assets 2023: $406,731Liabilities 2023: $1,983Net Assets 2023: $404,7482023Assets 2024: $950,258Liabilities 2024: $99,441Net Assets 2024: $850,8172024

Highlighted filing

2020

Assets$118,262
Liabilities-
Net Assets$118,262

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Revenue 2020: $76,033Expenses 2020: $53,646Net Income 2020: $22,3872020Revenue 2021: $181,550Expenses 2021: $70,633Net Income 2021: $110,9172021Revenue 2022: $115,219Expenses 2022: $86,847Net Income 2022: $28,3722022Revenue 2023: $240,805Expenses 2023: $144,713Net Income 2023: $96,0922023Revenue 2024: $762,380Expenses 2024: $316,311Net Income 2024: $446,0692024

Highlighted filing

2020

Revenue$76,033
Expenses$53,646
Net Income$22,387
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 28, 2022
Return Version
2020v4.2
Gross Receipts
$81,722
Mission and Program Overview

Mission

Provide tools to combat blight and build community

Program Services

DescriptionGrantsExpenses
Tool Lending Program -See Schedule O-$37,408
Service Days -See Schedule O-$7,067
Dare to Repair Co-Lab -See Schedule O-$2,523
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Darren CottonPresidentFT$0--
Dylan SteedVice PresidentPT$0--
Eric BorensteinTreasurerPT$0--
Hadar BordenSecretaryPT$0--
Drew CanfieldDirector-$0--
Dylan BurnsDirector-$0--
Barbara BonoDirector-$0--
Cheyenne Ketter-FranklinDirector-$0--
John OBrienDirector-$0--
Rob TownsleyDirector-$0--
Linda GarwolDirector-$0--
Zhi Ting PhuaDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Tool Librarv Inc
EIN
82-3550585
Phone
7168570096
Address
5 W Northruo Place, Buffalo, NY 14214

Signing Officer

Name
Darren Cotton
Title
President
Phone
7168570096
Signed
2022-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Lancaster Accounting & Tax Service
Address
4982 William Street, Lancaster, NY 14086
Preparer
Angela Dussault
Phone
7167170135
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Miscellaneous income 1,052

Form 990-EZ, Part I, Line 8, Other Revenue

Late fees 67

Form 990-EZ, Part I, Line 16, Other Expenses

Tool maintenance repair 1,628

Form 990-EZ, Part I, Line 16, Other Expenses

Tool replacement costs 120

Form 990-EZ, Part I, Line 16, Other Expenses

Volunteer appreciation 92

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 3,380

Form 990-EZ, Part I, Line 16, Other Expenses

Office supplies software 848

Form 990-EZ, Part I, Line 16, Other Expenses

Marketing promotions 2,152

Form 990-EZ, Part I, Line 16, Other Expenses

Miscellaneious administrative 367

Form 990-EZ, Part I, Line 16, Other Expenses

Program supplies expense 19,676

Form 990-EZ, Part I, Line 16, Other Expenses

Telecommunications 3,011

Form 990-EZ, Part I, Line 16, Other Expenses

Bank charges fees 89

Form 990-EZ, Part II, Line 24, Other Assets

Tool inventory Beginning of year 55,519, End of year 68,038

Form 990-EZ, Part III, Line 28

Tool Lending Program - 609 active members borrowed 3,661 tools in 7,886 transactions for 2020. These borrowed tools provided 223,076.28 in savings to our community and contributed to our charitable. purpose of combating neighborhood blight by providing tools, equipment and resources to the community.

Form 990-EZ, Part III, Line 29

Service Days - 12 events in 2020 brought together 263 volunteers and a total of 787 volunteer hours. As a whole, 3,300 bulbs and 60 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight.

Form 990-EZ, Part III, Line 30

Dare to Repair Co-Lab event in 2020 we had 25 participants who were aided by 7 volunteers to work on 13 items which otherwise would have become waste. There were 9 successful fixes and 95lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts.

Raw XML Appendix227 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Cheyenne Ketter-Franklin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8John OBrien
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Linda Garwol
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Zhi Ting Phua
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055519
IRS990EZ/OtherAssetsTotalDetail/EOYAmt068038
IRS990EZ/OtherExpensesTotalAmt031363
IRS990EZ/OtherRevenueTotalAmt01119
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0Provide tools to combat blight and build community
IRS990EZ/PrintingPublicationsPostageAmt0130
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Tool Lending Program -See Schedule O
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IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.toollibrary.org
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part III Section B Line 12c 2018 Miscellaneous Income 9,549
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Miscellaneous Income 3,281 Late Fees 480
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Miscellaneous Income 3,052 Late Fees 67
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102331
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Miscellaneous income 1,052
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Late fees 67
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Tool maintenance repair 1,628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Tool replacement costs 120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Volunteer appreciation 92
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 3,380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office supplies software 848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Marketing promotions 2,152
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneious administrative 367
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Program supplies expense 19,676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Telecommunications 3,011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank charges fees 89
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Tool inventory Beginning of year 55,519, End of year 68,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Tool Lending Program - 609 active members borrowed 3,661 tools in 7,886 transactions for 2020. These borrowed tools provided 223,076.28 in savings to our community and contributed to our charitable. purpose of combating neighborhood blight by providing tools, equipment and resources to the community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Service Days - 12 events in 2020 brought together 263 volunteers and a total of 787 volunteer hours. As a whole, 3,300 bulbs and 60 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Dare to Repair Co-Lab event in 2020 we had 25 participants who were aided by 7 volunteers to work on 13 items which otherwise would have become waste. There were 9 successful fixes and 95lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part III, Line 30
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Darren Cotton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07168570096
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Tool Librarv Inc
ReturnHeader/Filer/BusinessNameControlTxt0TOOL
ReturnHeader/Filer/EIN0823550585
ReturnHeader/Filer/PhoneNum07168570096
ReturnHeader/Filer/USAddress/AddressLine1Txt05 W Northruo Place
ReturnHeader/Filer/USAddress/CityNm0Buffalo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014214
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04982 William Street
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014086
ReturnHeader/PreparerPersonGrp/PhoneNum07167170135
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Angela Dussault
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-28T12:16:05-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Darren Cotton
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0President
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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