2023-02-22T17:13:38-06:00 2022-12-31 823908697 Lancaster Accounting & Tax Service 4982 William Street Lancaster NY 14086 990EZ 2022-01-01 823550585 The Tool Library Inc TOOL 7168570096 5 W Northrup Place Buffalo NY 14214 Darren Cotton President 7168570096 2023-02-22 Darren Cotton XXX-XX-XXXX 0 Angela Dussault CPA P01332349 7167170135 2023-02-22 X 2 AAL1 IAL1 2022 2023-03-07 01:45:13Z X www.toollibrary.org X X 122487 X 77919 5577 29488 6400 3816 2584 3103 3452 -349 115219 19968 4803 15267 228 46581 86847 28372 239786 7460 275618 X 142911 164715 96975 111270 239886 275985 100 367 239786 275618 X To provide communities with the tools they need to create the change they want Tool Lending Program 1,170 active members borrowed 4,520 tools in 14,554 transactions for 2022. These borrowed tools provided $587,355 in savings to our community and contributed to our charitable purpose of combating neighborhood blight by providing tools, equipment and resources to the community. 0 69075 Service Days - 12 events in 2022 brought together 460 volunteers and a total of 1,360 volunteer hours. As a whole 3,150 bulbs and 52 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight. 0 13488 Dare to Repair events in 2022 had 145 participants who were aided by 38 volunteers to work on 102 items which otherwise would have become waste. There were 79 successful fixes and 889.4lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts. 0 320 82883 X Eric Borenstein Director 1.00 0 0 0 Rob Townsley Director 1.00 0 0 0 Barry Weiss Director 1.00 0 0 0 Zhi Ting Phua Director 1.00 0 0 0 Jack Greco Director 1.00 0 0 0 Kevin Brady Director 1.00 0 0 0 Jenna Curran Director 1.00 0 0 0 Mario Ayoub Director 1.00 0 0 0 Dylan Burns Director 1.00 0 0 0 Barbara Bono Director 1.00 0 0 0 Darren Cotton President 40.00 0 0 0 Dylan Steed Vice President 5.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY Barbara Cross 5 W Northrup Pl Buffalo NY 14214 7165101745 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 17840 22759 61732 147105 78579 328015 3350 3350 2072 20277 6034 35083 21190 26109 63804 167382 84613 363098 0 0 0 363098 9549 3761 1119 30 4527 18986 30739 29870 64923 167412 89140 382084 0.95030 0.95040 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Special Event 6400 6400 1865 532 1283 136 6400 6400 1865 532 1283 136 3816 2584 Form 990-EZ, Part I, Line 7 - Sales of Inventory Income: Gross Receipts: 3,103. Returns and Allowances: 0. Less Cost of Goods Sold: 3,452. Gross Profit: -349. Cost of Goods Sold: Inventory at Beginning of Year: 4,276. Merchandise Purchased: 1,579. Cost of Labor: 0. Materials and Supplies: 0. Other Costs: 0. Inventory at End of Year: 2,403. Cost of Goods Sold: 3,452. Form 990-EZ, Part I, Line 16 - Other Expenses Description: Tool maintenance & repair:. Amount: 1,690. Description: Tool replacement costs. Amount: 11. Description: Volunteer appreciation. Amount: 834. Description: Insurance. Amount: 2,462. Description: Office supplies & software. Amount: 3,167. Description: Marketing & promotions. Amount: 22,335. Description: Miscellaneious administrative. Amount: 29. Description: Program supplies & expense. Amount: 8,804. Description: Telecommunications. Amount: 2,264. Description: Bank charges & fees. Amount: 2,623. Description: Conferences and training. Amount: 412. Description: Payroll taxes. Amount: 1,950. Total to Form 990-EZ, line 16: 46,581. Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets Description: Beginning balance adjustment-tool inventory. Amount: 7,460. Form 990-EZ, Part II, Line 24 - Other Assets Description: Tool inventory. Beg. of Year Amount: 92,699. End of Year Amount: 108,867. Description: Merchandise inventory. Beg. of Year Amount: 4,276. End of Year Amount: 2,403. Form 990-EZ, Part II, Line 26 - Other Liabilities Description: Gift card liability. Beg. of Year Amount: 100. End of Year Amount: 255. Description: Credit card liability. Beg. of Year Amount: 0. End of Year Amount: 95. Description: Sales tax payable. Beg. of Year Amount: 0. End of Year Amount: 17. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.