Buffalo, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Tool Library Inc, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $762K in total revenue in fiscal year 2024. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $446K, a strong 59% operating margin.
The Tool Library, Inc. promotes borrowing over buying by increasing trust between neighbors and neighborhoods through empowerment by removing economic barriers for individuals and community projects, enhances sustainability by encouraging community involvement to share practical resources and knowledge, reduces waste, and lowers barriers to access.
1,969 active members borrowed 5,247 tools in 27,162 transactions for 2024. These borrowed tools provided $1,161,107 in savings to our community and contributed to our charitable purpose of combating...
1,969 active members borrowed 5,247 tools in 27,162 transactions for 2024. These borrowed tools provided $1,161,107 in savings to our community and contributed to our charitable purpose of combating neighborhood blight by providing tools, equipment and resources to the community.
Service Days - 18 events in 2024 brought together 465 volunteers and a total of 1,590 volunteer hours. As a whole 2,330 bulbs and 26 trees were planted. These community beautification efforts...
Service Days - 18 events in 2024 brought together 465 volunteers and a total of 1,590 volunteer hours. As a whole 2,330 bulbs and 26 trees were planted. These community beautification efforts contribute to our efforts of combating neighborhood blight.
Dare to Repair - 13 events in 2024 had 620 participants who were aided by 64 volunteers to work on 529 items which otherwise would have become waste. There were 383 successful fixes and 3,306lbs of...
Dare to Repair - 13 events in 2024 had 620 participants who were aided by 64 volunteers to work on 529 items which otherwise would have become waste. There were 383 successful fixes and 3,306lbs of waste was diverted from landfills. Hosting repair events supports sustainability efforts.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $762,380 | $240,805 | +2.2% |
| Expenses | $316,311 | $144,713 | +1.2% |
| Net Income | $446,069 | $96,092 | +3.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Darren Cotton | Executive Director | 40.00 |
Director
|
$55,385 | $0 | $55,385 |
| Eric Borenstein | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rob Townsley | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Dylan Burns | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Barbara Bono | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melanie Rushforth | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kellyn Torres | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Drew Canfield | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Antionette McClain | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laura Alexander | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael McManus | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shannon Johnson | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lauren Turner | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Adam Blair | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Braden Pritchard | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jon Mrowczynski | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Cole Lowman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Paige Mason | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Becca McGowan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tho Dinh | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Zack Glick | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $762,380 | $316,311 | $950,258 | $446,069 |
| 2023 | $240,805 | $144,713 | $406,731 | $96,092 |
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