Atlanta Community Toolbank Inc
- Assets
- $2.4m
- Revenue
- $610.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Atlanta, GA
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 58-2363433
Organization Overview
Atlanta Community Toolbank Inc is located in Atlanta, GA. The organization was established in 2001. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Atlanta Community Toolbank Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Community Toolbank Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Atlanta Community Toolbank Inc generated $610.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $531.4k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ATLANTA COMMUNITY TOOLBANK STEWARDS AN INVENTORY OF TOOLS FOR LENDING TO CHARITABLE ORGANIZATIONS TO INCREASE THE IMPACT OF THEIR MISSION-RELATED EFFORTS IN THE COMMUINITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ATLANTA COMMUNITY TOOLBANK, INC. TOOLBANK IS A NON-PROFIT ORGANIZATION LOCATED IN ATLANTA, GA. THE TOOLBANK STEWARDS AN INVENTORY OF TOOLS FOR LENDING TO CHARITABLE ORGANIZATIONS TO INCREASE THE IMPACT OF THEIR MISSION-RELATED EFFORTS IN THE COMMUNITY. THE TOOLBANK LOANS TOOLS TO OTHER NON-PROFITS THROUGH THE COLLECTION OF DUES AND HANDLING FEES TO ASSIST THEM IN COMPLETING THEIR COMMUNITY IMPROVEMENT PROJECTS IN A COST-EFFECTIVE MANNER. IN ADDITION TO REVENUE RECEIVED FROM TOOL LENDING AND PROGRAM SERVICE FEES, THE TOOLBANK RECEIVES DONATIONS FROM INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS PRIMARILY LOCATED IN THE METROPOLITAN AREA OF ATLANTA, GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Fox Treasurer | OfficerTrustee | 5 | $0 |
Kelsey Donnalley Secretary | OfficerTrustee | 5 | $0 |
Jason Richmond Vice President | OfficerTrustee | 5 | $0 |
Samantha Bell President | OfficerTrustee | 5 | $0 |
Matt Walenciak Executive Director | OfficerTrustee | 40 | $0 |
Andrew Hoover Board Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,166 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,658 |
| All other contributions, gifts, grants, and similar amounts not included above | $415,988 |
| Noncash contributions included in lines 1a–1f | $42,710 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,812 |
| Total Program Service Revenue | $29,647 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,461 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $73,222 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $610,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $257,385 |
| Compensation of current officers, directors, key employees. | $29,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,341 |
| Office expenses | $13,857 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,285 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $75,435 |
| Insurance | $53,537 |
| All other expenses | $0 |
| Total functional expenses | $531,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,196 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,665,755 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $243,802 |
| Total assets | $2,370,581 |
| Accounts payable and accrued expenses | $5,934 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $92,101 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $98,035 |
| Net assets without donor restrictions | $2,217,546 |
| Net assets with donor restrictions | $55,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,370,581 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Atlanta Community Toolbank Inc has recieved totaling $135,046.
| Awarding Organization | Amount |
|---|---|
Thdf Ii Inc Atlanta, GA PURPOSE: To assist local charities | $110,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kings Point Sun City West Land Tr Jacksonville, FL | $43,931,165 | $11,049,940 |
Sandra And Leon Levine Jewish Community Center Inc Charlotte, NC | $17,990,606 | $9,977,571 |
Secession Golf Club Inc Beaufort, SC | $21,284,960 | $9,696,208 |
Wilds Christian Association Inc Taylors, SC | $20,869,499 | $7,593,399 |
Camp Twin Lakes Inc Atlanta, GA | $41,086,588 | $7,783,709 |
Big Life International Inc Blue Ridge, GA | $5,647,482 | $6,818,304 |
Scott Appalachian Industries Huntsville, TN | $7,761,990 | $3,857,138 |
Red Stick Golf Club Inc Vero Beach, FL | $27,528,242 | $5,522,531 |
Florida Elks Youth Camp Inc Umatilla, FL | $1,705,871 | $3,376,428 |
Campbell Foundation Germantown, TN | $12,386,633 | $3,259,184 |
Sports Camp Inc Naples, FL | $2,086,839 | $1,905,410 |
Youth Camps For Christ Inc Littleton, NC | $11,397,795 | $2,483,610 |