2024-03-07T11:08:53-06:00 2023-12-31 823908697 Lancaster Accounting & Tax Service 4982 William Street Lancaster NY 14086 990 2023-01-01 823550585 The Tool Library Inc TOOL 7165101745 2626 Main Street Buffalo NY 14214 Darren Cotton Executive Director 7168570096 2024-02-24 1 Darren Cotton XXX-XX-XXXX 1 Angela Dussault CPA P01332349 7167170135 2024-03-07 X 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Darren Cotton 2626 Main Street Buffalo NY 14214 247788 0 X www.toollibrary.org X 2018 NY To provide communities with the tools they need to create the change they want 18 18 2 373 0 0 77919 222472 5577 10022 0 1098 31723 7213 115219 240805 0 0 0 0 19968 68484 0 0 15720 66879 76229 86847 144713 28372 96092 275985 406731 367 1983 275618 404748 X The Tool Library, Inc. promotes borrowing over buying by increasing trust between neighbors and neighborhoods through empowerment by removing economic barriers for individuals and community projects, enhances sustainability by encouraging community involvement to share practical resources and knowledge, reduces waste, and lowers barriers to access. 0 0 101754 9620 1,421 active members borrowed 4,874 tools in 19,478 transactions for 2023. These borrowed tools provided $730,889 in savings to our community and contributed to our charitable purpose of combating neighborhood blight by providing tools, equipment and resources to the community. 12719 0 Service Days - 12 events in 2023 brought together 373 volunteers and a total of 1,122 volunteer hours. As a whole 4,100 bulbs and 57 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight. 6212 1500 Dare to Repair - 11 events in 2023 had 482 participants who were aided by 52 volunteers to work on 379 items which otherwise would have become waste. There were 274 successful fixes and 2,667lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts. 120685 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 2 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY Barbara Cross 7165101745 2626 Main Street Buffalo NY 14214 Darren Cotton Executive Director 40.00 X 32000 0 0 Dylan Steed Director 1.00 X 0 0 0 Eric Borenstein Director 1.00 X 0 0 0 Cheyenne Ketter-Franklin Director 1.00 X 0 0 0 Rob Townsley SecretarySecretary 5.00 X X 0 0 0 Barbara Cross Treasurer 5.00 X X 0 0 0 Jenna Curran Director 1.00 X 0 0 0 Dylan Burns Director 1.00 X 0 0 0 Barbara Bono Director 1.00 X 0 0 0 Dave Harter President 5.00 X X 0 0 0 Kamal Patel Director 1.00 X 0 0 0 Melanie Rushforth Director 1.00 X 0 0 0 Kellyn Torres Director 1.00 X 0 0 0 Drew Canfield Director 1.00 X 0 0 0 Antionette McClainMcClain Director 1.00 X 0 0 0 Laura Alexander Director 1.00 X 0 0 0 Michael McManus Director 1.00 X 0 0 0 Shannon Johnson Director 1.00 X 0 0 0 Lauren Turner Director 1.00 X 0 0 0 32000 0 0 0 0 0 0 0 47943 38000 136529 10654 222472 Late fees 532289 6556 6556 Supertool rental incom 532289 1966 1966 Dare to Repair 532289 1500 1500 10022 1098 1098 11056 6060 4996 4996 3140 923 2217 2217 240805 11120 0 7213 32000 26744 1856 3400 30390 30390 660 594 20 46 5434 4891 163 380 4000 1110 345 2545 4390 3526 864 2933 1482 1451 3630 3549 81 39148 31018 3672 4458 1694 1274 220 200 4584 3988 596 Program supplies & expe 4572 4572 Bank charges & fees 4028 1764 129 2135 Printing and copying 1791 638 183 970 Tool maintenance & repa 1707 1707 3752 3438 179 135 144713 120685 8308 15720 164715 245199 111270 161532 275985 406731 367 1983 367 1983 X 275618 404748 275618 404748 275985 406731 96092 33038 0 X 0 1 X 0 0 X 22759 61732 147105 78579 222472 532647 3350 2072 20277 6034 17662 49395 26109 63804 167382 84613 240134 582042 0 0 0 582042 1098 1098 1098 1098 3761 1119 30 4527 6556 15993 29870 64923 167412 89140 247788 599133 0.97150 0.95030 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Tool inventory 156389 Merchandise inventory 2643 Security deposit 2500 161532 Gift card liability 1050 Credit card liability 799 Sales tax payable 134 1983 X 222026 15450 15450 206576 34229 34229 240805 156470 18291 18291 138179 6534 6534 144713 Part X, Line 2: The Tool Library, Inc. has no uncertian tax positions under FIN 48 Part XI, Line 2d - Other Adjustments: Contributions recivable Accounts receivable Prior year prepaid memberships Special events expense Part XI, Line 4b - Other Adjustments: Prior year accounts receivable Deferred revenue from a government contact Prepaid memberships Part XII, Line 2d - Other Adjustments: Special events expense Prior year prepaid insurance Accounts payable Accrued compensation Part XII, Line 4b - Other Adjustments: Prepaid expenses Prior year accounts payable Prior year accounts payable Part XI Line 2D Current year receivables, current year special events expenses, and prior year prepaid expenses Part XI Line 4b Prior year receivables and current year deferred revenue Part XII Line 2d Current year accounts payable, accrued compensation, special events expense and prior year prepaid expenses Part XII Line 4b Current year prepaid expenses, prior year accounts payable, and prior year accounts payable Form 990, Part VI, Section A, line 8b The Organization's governing body does not have any committees with authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b A copy of the 990 is provided to the organization's board of directors prior to filing for their review and approval. Form 990, Part VI, Section B, line 12c Annually, each director must sign a statement that affirms they received a copy of the conflict-of-interest policy, read and understands the policy, and agrees to comply with the policy. Any conflicts that may arise are disclosed during board meetings and resolved according to the conflict-of-interest policy. Form 990, Part VI, Section C, line 18 The Organization's governing documents are available upon request Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict-of-interest policy, and financial statements are available to the public upon request.