Totals
- Total revenue
- $624,366
- Total expenses
- $545,911
- Contributions and grants received
- $452,307
- Grants paid
- $0
- Program service revenue
- $142,467
- Investment income
- $0
- Other revenue
- $29,592
- Total assets, end of year
- $1,471,498
- Total liabilities, end of year
- $511,326
- Net assets or fund balances, end of year
- $960,172
- Program services expenses (Part IX)
- $397,953
- Management and general expenses
- $128,180
- Fundraising expenses
- $19,778
- Program service expenses (Part III)
- $397,953
Program services were 72.9% 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.
-
1c · Fundraising events
$40,119
-
1f · All other contributions, gifts and grants
$412,188
-
1g · Noncash contributions included above
$26,475
-
2a · Program service revenue: TOOL HANDLING FEES
total $109,939 · unrelated business $0 · excluded $0
-
2b · Program service revenue: TRAINING SPACE
total $32,528 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $8,850
-
6c · Rental income or loss
real property $8,850
-
6d · Net rental income or loss
total $8,850 · related or exempt $8,850
-
8a · Fundraising events: gross income
$54,775
-
8a · Fundraising events: contributions included on line 1c
$40,119
-
8b · Fundraising events: direct expenses
$42,638
-
8c · Net income from fundraising events
total $12,137 · unrelated business $0 · excluded $12,137
-
11a · Other revenue: MISCELLANEOUS
total $8,605 · related or exempt $8,605 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$8,605
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $90,165 · program services $67,624 · management and general $18,033 · fundraising $4,508
-
7 · Other salaries and wages
total $97,586 · program services $73,190 · management and general $19,517 · fundraising $4,879
-
9 · Other employee benefits
total $53,099 · program services $39,824 · management and general $10,620 · fundraising $2,655
-
10 · Payroll taxes
total $16,512 · program services $12,384 · management and general $3,302 · fundraising $826
-
11c · Fees: accounting
total $54,264 · program services $2,092 · management and general $52,033 · fundraising $139
-
12 · Advertising and promotion
total $5,286 · program services $1,000 · management and general $4,286 · fundraising $0
-
13 · Office expenses
total $13,299 · program services $9,974 · management and general $2,660 · fundraising $665
-
16 · Occupancy
total $53,375 · program services $48,038 · management and general $3,736 · fundraising $1,601
-
17 · Travel
total $209 · program services $157 · management and general $42 · fundraising $10
-
22 · Depreciation, depletion and amortization
total $51,029 · program services $45,926 · management and general $3,572 · fundraising $1,531
-
23 · Insurance
total $13,475 · program services $11,138 · management and general $1,966 · fundraising $371
-
24a · Other expenses: DIRECT PROGRAM COSTS
total $80,709 · program services $80,709 · management and general $0 · fundraising $0
-
24b · Other expenses: TRAINING AND DEVELOPMENT
total $6,332 · program services $2,009 · management and general $4,189 · fundraising $134
-
24c · Other expenses: MISCELLANEOUS
total $10,571 · program services $3,888 · management and general $4,224 · fundraising $2,459
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $203,078 · end of year $248,420
-
4 · Accounts receivable
beginning of year $5,171 · end of year $26,585
-
9 · Prepaid expenses and deferred charges
beginning of year $3,025 · end of year $3,447
-
10a · Land, buildings and equipment: cost or other basis
$1,675,244
-
10b · Land, buildings and equipment: accumulated depreciation
$492,555
-
10c · Land, buildings and equipment, net
beginning of year $1,192,788 · end of year $1,182,689
-
15 · Other assets
beginning of year $5,044 · end of year $10,357
-
17 · Accounts payable and accrued expenses
beginning of year $22,599 · end of year $21,757
-
19 · Deferred revenue
beginning of year $2,700 · end of year $1,667
-
23 · Secured mortgages and notes payable
beginning of year $502,090 · end of year $486,802
-
25 · Other liabilities
beginning of year $0 · end of year $1,100
-
27 · Net assets without donor restrictions
beginning of year $861,735 · end of year $941,453
-
28 · Net assets with donor restrictions
beginning of year $19,982 · end of year $18,719
Mission and programs · 2024
Mission
THE CINCINNATI COMUMUNITY TOOLBANK STRENGTHENS AND EQUIPS NONPROFIT ORGANIZATIONS, SCHOOLS, AND COMMUNITY GROUPS WITH ACCESS TO TOOLS, EQUIPMENT, AND EXPERTISE SO THEY CAN MAXIMIZE THEIR IMPACT, COMPLETE PROJECTS MORE EFFICIENTLY, AND BUILD STRONGER NEIGHBORHOODS.
Activities or mission (Part I)
THE CINCINNATI TOOLBANK STRENGTHENS AND EQUIPS NONPROFIT ORGANIZATIONS, SCHOOLS, AND COMMUNITY GROUPS WITH ACCESS TO TOOLS, EQUIPMENT, AND EXPERTISE SO THEY CAN MAXIMIZE THEIR IMPACT, COMPLETE PROJECTS MORE EFFICIENTLY, AND BUILD STRONGER NEIGHBORHOODS.
-
The Cincinnati ToolBank serves as a tool-lending library exclusively for charitable organizations, providing year-round access to an inventory of tools, event equipment, and training resources. Member agencies borrow tools for pennies on the dollar, eliminating the need to purchase or store expensive equipment. This resource-sharing model empowers nonprofits to direct more of thier funding toward mission-driven work while still tackling ambitious community projects. In addition to tool-lending, the ToolBank operates a Training Center offering workforce development programs, hands-on workshops, and youth leadership iniatives that prepare participants with trade skills, certifications, and civic engagement opportunities. By providing tools, training, and support, the ToolBank ensures that nonprofit partners can complete critical projects-from neighborhood revitalization to disaster response - while building skills and strengthening the community.
Expenses $397,953 · Revenue $159,922
As filed on the 2024 return.
Listed in Part VII
-
Lonnie GraysonLONNIE GRAYSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Lydia BurnsLYDIA BURNS
VICE PRESIDENTS
- 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
-
Dawn FreudenbergDAWN FREUDENBERG
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
-
Joe BrunnerJOE BRUNNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Julie ItalianoJULIE ITALIANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ryan McAleerRYAN MCALEER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mark WilsonMARK WILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rob GehrumROB GEHRUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matt BerryMATT BERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kat PapmeyerKAT PAPMEYER
EXECUTIVE DIRECTOR
- Total calculated
- $90,165
- From this org
- $90,165
- 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
- 2024
- Filed
- 15 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523179349306107
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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