Toolbank Usa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 698,016 | 561,212 | 136,804 | 13.1 | 49% |
| 2020 | 685,709 | 719,189 | −33,480 | 9.7 | 30% |
| 2021 | 570,806 | 510,066 | 60,740 | 15.1 | 44% |
| 2022 | 773,747 | 811,184 | −37,437 | 8.9 | 25% |
| 2023 | 1,414,670 | 1,234,316 | 180,354 | 7.6 | 22% |
In its most recent public year (2023), this organization brought in $180,354 more than it spent. Its reserves stood at about 7.6 months of spending, down from 13.1 in 2019. Staff pay was 22% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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