Totals
- Total revenue
- $782,570
- Total expenses
- $427,273
- Contributions and grants received
- $627,389
- Grants paid
- $0
- Program service revenue
- $93,610
- Investment income
- $0
- Other revenue
- $61,571
- Total assets, end of year
- $1,409,106
- Total liabilities, end of year
- $527,389
- Net assets or fund balances, end of year
- $881,717
- Program services expenses (Part IX)
- $325,596
- Management and general expenses
- $83,183
- Fundraising expenses
- $18,494
- Program service expenses (Part III)
- $325,596
Program services were 76.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$60,963
-
1f · All other contributions, gifts and grants
$566,426
-
1g · Noncash contributions included above
$143,286
-
2a · Program service revenue: TOOL HANDLING FEES
total $93,610 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $26,400
-
6c · Rental income or loss
real property $26,400
-
6d · Net rental income or loss
total $26,400 · related or exempt $26,400
-
8a · Fundraising events: gross income
$60,002
-
8a · Fundraising events: contributions included on line 1c
$48,523
-
8b · Fundraising events: direct expenses
$28,769
-
8c · Net income from fundraising events
total $31,233 · unrelated business $0 · excluded $31,233
-
11a · Other revenue: MISCELLANEOUS
total $3,938 · related or exempt $3,938 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$3,938
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $87,000 · program services $65,250 · management and general $17,400 · fundraising $4,350
-
7 · Other salaries and wages
total $140,892 · program services $105,668 · management and general $28,179 · fundraising $7,045
-
9 · Other employee benefits
total $19,701 · program services $14,776 · management and general $3,940 · fundraising $985
-
10 · Payroll taxes
total $15,601 · program services $11,701 · management and general $3,120 · fundraising $780
-
11c · Fees: accounting
total $16,775 · program services $2,484 · management and general $14,125 · fundraising $166
-
12 · Advertising and promotion
total $3,282 · program services $1,364 · management and general $1,918 · fundraising $0
-
13 · Office expenses
total $8,385 · program services $6,288 · management and general $1,677 · fundraising $420
-
14 · Information technology
total $4,856 · program services $3,642 · management and general $971 · fundraising $243
-
16 · Occupancy
total $49,063 · program services $44,157 · management and general $3,434 · fundraising $1,472
-
17 · Travel
total $2,298 · program services $1,723 · management and general $460 · fundraising $115
-
22 · Depreciation, depletion and amortization
total $43,435 · program services $39,092 · management and general $3,040 · fundraising $1,303
-
23 · Insurance
total $11,429 · program services $9,004 · management and general $2,125 · fundraising $300
-
24a · Other expenses: DIRECT PROGRAM COSTS
total $14,882 · program services $14,882 · management and general $0 · fundraising $0
-
24b · Other expenses: TRAINING AND DEVELOPMENT
total $4,084 · program services $1,612 · management and general $2,365 · fundraising $107
-
24c · Other expenses: MISCELLANEOUS
total $5,590 · program services $3,953 · management and general $429 · fundraising $1,208
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $297,516 · end of year $203,078
-
4 · Accounts receivable
beginning of year $10,407 · end of year $5,171
-
9 · Prepaid expenses and deferred charges
beginning of year $2,881 · end of year $3,025
-
10a · Land, buildings and equipment: cost or other basis
$1,634,313
-
10b · Land, buildings and equipment: accumulated depreciation
$441,525
-
10c · Land, buildings and equipment, net
beginning of year $742,527 · end of year $1,192,788
-
15 · Other assets
beginning of year $4,861 · end of year $5,044
-
17 · Accounts payable and accrued expenses
beginning of year $33,745 · end of year $22,599
-
19 · Deferred revenue
beginning of year $2,956 · end of year $2,700
-
23 · Secured mortgages and notes payable
beginning of year $516,940 · end of year $502,090
-
25 · Other liabilities
beginning of year $4,500 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $451,254 · end of year $861,735
-
28 · Net assets with donor restrictions
beginning of year $48,797 · end of year $19,982
Mission and programs · 2023
Mission
THE CINCINNATI COMUMUNITY TOOLBANK EQUIPS AGENCIES FOR SUCCESS BY PUTTING HIGH-QUALITY TOOLS IN THE HANDS OF VOLUNTEERS WHO ARE PAINTING SCHOOLS, BUILDING DISABILITY RAMPS, LANDSCAPING PUBLIC SPACES, AND MORE WHILE EMPOWERING AGENCIES TO PERFORM MORE AMBITIOUS, MORE MEANINGFUL, AND MORE FREQUENT PROJECTS FOR THOSE THEY SERVE.
Activities or mission (Part I)
THE CINCINNATI TOOLBANK SERVES COMMUNITY-BASED ORGANIZATIONS BY PROVIDING TOOLS, EQUIPMENT, AND EXPERTISE TO HELP THEM REACH THEIR MOST AMBITIOUS GOALS.
-
THE CINCINNATI TOOLBANK IS A NONPROFIT ORGANIZATION THAT LENDS TOOLS, EQUIPMENT AND EXPERTISE TO CHARITABLE ORGANIZATIONS TO HELP THEM INCREASE THEIR IMPACT AND REACH THEIR MOST AMBITIOUS GOALS. WHETHER VOLUNTEERS ARE PLANTING TREES, TENDING TO COMMUNITY GARDENS, PAINTING, REPAIRING HOMES, OR RAISING AWARENESS AND FUNDS FOR THE CAUSES CLOSEST TO THEIR HEART, THE TOOLBANK IS PROVIDING THE RIGHT TOOLS AND EQUIPMENT TO GET THE JOB DONE AND TO FURTHER THE MISSIONS OF THEIR NONPROFIT MEMBERS. CURRENTLY, NO OTHER PROGRAM EXISTS IN THE CINCINNATI AREA THAT LENDS TOOLS TO NONPROFITS. THE TOOLBANK HAS PROVEN TO BE A UNIQUE AND MUCH-NEEDED RESOURCE FOR OUR SERVICE AND VOLUNTEER COMMUNITY AND HAS HAD A TREMENDOUS IMPACT, HELPING OVER 600 NONPROFIT AGENCIES BY PROVIDING THEM WITH MORE THAN $11,200,000 OF HIGH-QUALITY TOOLS SINCE OPENING IN 2012.
Expenses $325,596 · Revenue $123,948
As filed on the 2023 return.
Listed in Part VII
-
Ryan ReckmanRYAN RECKMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Lonnie GraysonLONNIE GRAYSON
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Mandi RasselMANDI RASSEL
TRESURER
- Total calculated
- $0
- Hours/week
- 2
-
Zachary ScheidZACHARY SCHEID
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Cheryl NeilheiselCHERYL NEILHEISEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Christina CroswellCHRISTINA CROSWELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Forest RussmanFOREST RUSSMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Janelle StearnsJANELLE STEARNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jeremiah MerrittJEREMIAH MERRITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jessica FitzwilsonJESSICA FITZWILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John HausfeldJOHN HAUSFELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Julie ItalianoJULIE ITALIANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lydia BurnsLYDIA BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maggie SpataroMAGGIE SPATARO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mark WilsonMARK WILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matt BerryMATT BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nate StrahmNATE STRAHM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rob GehrumROB GEHRUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kat PapmeyerKAT PAPMEYER
EXECUTIVE DIRECTOR
- Total calculated
- $87,000
- From this org
- $87,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422829349301587
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.