CHICAGO TOOL LIBRARY CO

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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

2019

Legal Domicile

Phone

7732420923

Tax Period

2024-04-01 to 2025-03-31

CHICAGO TOOL LIBRARY CO, founded in 2019, is a small nonprofit in the Education sector that reported $259K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EQUITABLE ACCESS TO TOOLS

Program Service Accomplishments

Program 1

Expenses: $202,048 Revenue: $115,429

TO PROVIDE EQUITABLE ACCESS TO TOOLS, EQUIPMENT, AND INFORMATION TO ALLOW ALL CHICAGOANS TO LEARN, SHARE, AND CREATE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $143,588

Program Service Revenue $115,429

Investment Income $0

Other Revenue $151

TOTAL REVENUE $259,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $142,405

Fundraising Expenses $5,283

Program Expenses $202,048

Other Expenses $115,737

TOTAL EXPENSES $258,142

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,168	$164,107	+0.6%
Expenses	$258,142	$179,999	+0.4%
Net Income	$1,026	$-15,892	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$55,850

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TESSA VIERK	EXECUTIVE DIRECTOR	50.00	Officer	$55,850	$0	$55,850
JONATHAN PEREIRA	PRESIDENT	1.25	Officer Director	$0	$0	$0
SASHA NERI	VICE PRESIDENT	1.25	Director	$0	$0	$0
PAUL HINZE	SECRETARY	1.25	Officer Director	$0	$0	$0
SAM GORZELANY	TREASURER	1.25	Officer Director	$0	$0	$0
JACKIE GUZMAN	BOARD MEMBER	1.25	Director	$0	$0	$0
SYD ROTHMAN	BOARD MEMBER	1.25	Director	$0	$0	$0
OSAMA HASAN	BOARD MEMBER	1.25	Director	$0	$0	$0
TRACEY MCCUSKER	BOARD MEMBER	1.25	Director	$0	$0	$0
DONNA BRACEY	BOARD MEMBER	1.25	Director	$0	$0	$0
RYAN JACKSON	BOARD MEMBER	1.25	Director	$0	$0	$0
RAE PEREZ	VICE PRESIDENT	1.25	Officer Director	$0	$0	$0

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	$259,168	$258,142	$36,261	$1,026