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Nonprofit · EIN 86-3708972

TOOLBOX ASSESSMENTS INC

Tax-exempt · LINCOLNWOOD, IL 60712

Financials

$670K$103K2023$1.1M$222K2024
Revenue Expenses · by fiscal year end
Financials of TOOLBOX ASSESSMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,080,612$222,494$858,118$2,118,133$0$2,118,133
December 31, 2023990$669,909$102,707$567,202$1,266,228$0$1,266,228
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,008,088
Investment income
$72,524
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,512
Accounting fees
$12,570
Occupancy
$1,258
Program services (functional)
$193,955
Management and general (functional)
$28,539

Balance sheet and other

Total assets, start of year
$1,266,228
Total assets, end of year
$2,118,133
Total liabilities, end of year
$0
Net assets, end of year
$2,118,133
Publicly traded securities
$1,667,118
Net assets without donor restrictions
$2,118,133
Gross receipts
$1,080,612
Employees
0
Volunteers
5
Year formed
2021
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
RICHARD GERSHONPRESIDENT
Officer
4$0
ABIGAIL SIVANSECRETARY
Officer
4$0
SANDRA WEINTRAUBTREASURER
Officer
4$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RICHARD GERSHONPRESIDENT
Officer
4$0
ABIGAIL SIVANSECRETARY
Officer
4$0
SANDRA WEINTRAUBTREASURER
Officer
4$0

Address and contacts

Address (IRS master file)
6545 N LE MAI AVE, LINCOLNWOOD, IL 60712-3122
In care of
% RICHARD GERSHON
Principal officer (990 for 2024)
RICHARD GERSHON, 6545 N LEMAI AVENUE, LINCOLNWOOD, IL 60712
Signed the 990
RICHARD GERSHON, PRESIDENT
Phone
(773) 242-9130
Return prepared by
CJBS LLC

Mission

DEVELOPING, MAINTAINING, TRAINING, AND DEPLOYING, STATE-OF-THE-ART HEALTH AND EDUCATIONAL ASSESSMENTS TO FEDERALLY-FUNDED RESEARCHERS, GLOBAL RESEARCHERS AND CLINICIANS ON BEHALF OF THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES' NATIONAL INSTITUTE OF HEALTH IN ORDER TO MAKE SUCH ASSESSMENTS MORE AFFORDABLE AND ACCESSIBLE.

990 for the year ended December 31, 2024

Program accomplishments

  • TO LESSEN THE BURDENS OF GOVERNMENT BY DEVELOPING, MAINTAINING, TRAINING, AND DEPLOYING, STATE-OF-THE-ART HEALTH AND EDUCATIONAL ASSESSMENTS TO FEDERALLY-FUNDED RESEARCHERS, GLOBAL RESEARCHERS AND CLINICIANS ON BEHALF OF THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES' NATIONAL INSTITUTE OF HEALTH IN ORDER TO MAKE SUCH ASSESSMENTS MORE AFFORDABLE AND ACCESSIBLE.
    Expenses $193,955 · revenue $1,008,088

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-3708972
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H02)
Assets (IRS master file)
$2,118,133
Income (IRS master file)
$1,080,612

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,080,612$222,494$2,118,133XML
990December 2023$669,909$102,707$1,266,228XML
990December 2022$593,659$40,346$699,026IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 86-3708972).

Questions about TOOLBOX ASSESSMENTS INC

What is the EIN of TOOLBOX ASSESSMENTS INC?
The employer identification number (EIN) of TOOLBOX ASSESSMENTS INC is 86-3708972.
Is TOOLBOX ASSESSMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to TOOLBOX ASSESSMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TOOLBOX ASSESSMENTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TOOLBOX ASSESSMENTS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TOOLBOX ASSESSMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TOOLBOX ASSESSMENTS INC?
The 990 for the year ended December 31, 2024 names RICHARD GERSHON.
Who are the officers and directors of TOOLBOX ASSESSMENTS INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TOOLBOX ASSESSMENTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,080,612, expenses of $222,494 and total assets of $2,118,133 at year end.

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