DENVER TOOL LIBRARY

EIN: 471610698 501(c)(3) Human Services

DENVER, CO

Total Revenue
$528,360
Total Expenses
$460,201
Total Assets
$155,505
Net Assets
$155,505
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CO
Phone
7209434385
Tax Period
2023-01-01 to 2023-12-31

DENVER TOOL LIBRARY, founded in 2013, is a small nonprofit in the Human Services sector that reported $528K in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum. Expenses of $460K left a modest 13% surplus.

Mission

CHARITABLE TOOL SHARE AND EDUCATION. The Denver Tool Library provides affordable access to tools skills and work space for home improvement artistic expression community building and more.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,715
Program Service Revenue $480,331
Investment Income $2,314
Other Revenue $0
TOTAL REVENUE $528,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,739
Fundraising Expenses $0
Program Expenses $460,201
Other Expenses $250,462
TOTAL EXPENSES $460,201

Year-over-Year Comparison

2023 2022 Change
Revenue $528,360 $284,074 +0.9%
Expenses $460,201 $227,338 +1.0%
Net Income $68,159 $56,736 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
5
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$167,056
Total Directors
1
$81,660
Key Employees
3
$167,056
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Steiner Executive Director Tool Library Community Workshop Director 45.00
Officer Director Key Emp Highest
$81,660 $0 $81,660
Garrett Carr Assistant Director Classes Director 40.00
Officer Key Emp
$68,509 $0 $68,509
Ian Saunders Director of Operations 12.00
Officer Key Emp
$16,887 $0 $16,887
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $528,360 $460,201 $155,505 $68,159
2022 $284,074 $227,338 $87,347 $56,736
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