2025-08-26T00:16:28-05:00 2024-12-31 823908697 Lancaster Accounting & Tax Service 4982 William Street Lancaster NY 14086 990 2024-01-01 823550585 The Tool Library Inc TOOL 7165101745 2626 Main Street Buffalo NY 14214 Darren Cotton Executive Director 7168570096 2025-08-26 1 1 Angela Dussault CPA P01332349 7167170135 2025-08-26 X 2024 2025-03-06 01:10:19Z Darren Cotton 2626 Main Street Buffalo NY 14214 771264 0 X www.toollibrary.org X 2018 NY To provide communities with the tools they need to create the change they want 20 20 3 373 0 0 222472 712451 10022 27582 1098 6179 7213 16168 240805 762380 0 0 0 14015 68484 145010 0 0 28043 76229 157286 144713 316311 96092 446069 406731 950258 1983 99441 404748 850817 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 200625 25879 1,969 active members borrowed 5,247 tools in 27,162 transactions for 2024. These borrowed tools provided $1,161,107 in savings to our community and contributed to our charitable purpose of combating neighborhood blight by providing tools, equipment and resources to the community. 40096 1652 Service Days - 18 events in 2024 brought together 465 volunteers and a total of 1,590 volunteer hours. As a whole 2,330 bulbs and 26 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight. 17978 6520 Dare to Repair - 13 events in 2024 had 620 participants who were aided by 64 volunteers to work on 529 items which otherwise would have become waste. There were 383 successful fixes and 3,306lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts. 258699 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 7 0 1 3 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X Knowles Soultions 7162031302 505 Ellicott St Hansa Buffalo NY 14203 Darren Cotton Executive Director 40.00 X 55385 0 0 Eric Borenstein Director 1.00 X 0 0 0 Rob Townsley Director 5.00 X 0 0 0 Dylan Burns Director 1.00 X 0 0 0 Barbara Bono Director 1.00 X 0 0 0 Melanie Rushforth President 5.00 X X 0 0 0 Kellyn Torres Vice President 5.00 X X 0 0 0 Drew Canfield Director 1.00 X 0 0 0 Antionette McClain 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 Treasurer 5.00 X X 0 0 0 Lauren Turner Director 1.00 X 0 0 0 Adam Blair Director 1.00 X 0 0 0 Braden Pritchard Director 1.00 X 0 0 0 Jon Mrowczynski Director 1.00 X 0 0 0 Cole Lowman Director 1.00 X 0 0 0 Paige Mason Director 1.00 X 0 0 0 Becca McGowan Director 1.00 X 0 0 0 Tho Dinh Director 1.00 X 0 0 0 Zack Glick Director 1.00 X 0 0 0 55385 0 0 0 0 0 0 0 74943 60000 577508 712451 Late fees 532289 18725 18725 Dare to Repair and Ser 532289 6020 6020 Supertool rental incom 532289 2837 2837 27582 6179 6179 18037 6618 11419 11419 6725 2266 4459 4459 Miscellaneous program 532289 290 290 290 762380 34051 0 15878 14015 14015 57020 48221 5866 2933 59296 51178 5068 3050 18454 15516 1958 980 10240 8645 1063 532 2838 2554 284 10224 9202 1022 30545 11077 1255 18213 4012 3440 382 190 3879 3296 388 195 42148 35477 6136 535 2558 2174 256 128 3322 2791 531 3709 3116 593 13202 10516 2423 263 Tool replacement costs 12677 12677 Program supplies & expe 11246 10425 548 273 Bank charges & fees 6693 5722 648 323 Volunteer appreciation 3751 3188 375 188 6482 5469 773 240 316311 258699 29569 28043 245199 71582 216103 486835 3709 0 483126 161532 179447 406731 950258 1983 99441 1983 99441 X 404748 813854 36963 404748 850817 406731 950258 446069 0 X 0 1 X 0 0 X 61732 147105 78579 222472 714690 1224578 2072 20277 6034 17662 22496 68541 63804 167382 84613 240134 737186 1293119 0 0 0 1293119 1098 6179 7277 1098 6179 7277 1119 30 4527 6556 19015 31247 64923 167412 89140 247788 762380 1331643 0.97110 0.97150 0.00550 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 486835 3709 483126 483126 Tool inventory 175570 Merchandise inventory 3877 179447 Gift card liability 3084 Credit card liability 1068 Sales tax payable 552 Commercial loan 94737 99441 X 726438 50018 50018 676420 85960 85960 762380 312052 26803 26803 285249 31062 31062 316311 Part X, Line 2: The Tool Library, Inc. has no uncertian tax positions under FIN 48 Part XI, Line 2d - Other Adjustments: Contributions receivable Accounts receivable Prior year prepaid memberships Special events expense Prior year deferred revenue from a government contact Part XI, Line 4b - Other Adjustments: Prior year accounts receivable Deferred revenue from a government contact Prepaid memberships Prior year contributions receivable Cost of direct benefits to donors and members Part XII, Line 2d - Other Adjustments: Prior year prepaid insurance Accounts payable Accrued compensation Special events expense Part XII, Line 4b - Other Adjustments: Prepaid expenses Prior year accounts payable Prior year payroll payable Cost of direct benefits to donors and members Part XI Line 2D Current year receivables, current year special events expenses, prior year deferred revenue, and prior year prepaid expenses Part XI Line 4b Prior year receivables, current year deferred revenue, and cost of direct benefits to donors and members 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, cost of direct benefits to donors and members, and prior year payroll 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.