Denver Tool Library FY2024 filing
Lends tools and teaches skills for home improvement and creative projects. For fiscal year 2024 it reported $746K in revenue, $641K in expenses, and $261K in net assets.Pt I
- Founded
- 2013
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Denver, CO
- Website
- denvertoollibrary.org
- Filings
- 5 on file (2021–2024)
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Summary of the Filing
Where the work happens
Classes
Offered a diverse range of accessible and inclusive workshops teaching practical skills in areas like woodworking, metalworking, and home repair, building individual capacity, fostering community learning, and ensuring safe tool usage. Employed over a dozen local artists as teachers, serving over 3400 students annually.
Tool Library
A cost-effective alternative to purchasing expensive tools. Provided affordable access to over 5,000 tools for over 900 members and organizations, empowering them to undertake home repairs, creative projects, and community initiatives, fostering self-reliance and promoting sustainability via resource sharing.
Open Workshop
Provided supervised access to the DTL'S industrial-sized tools and larger workspace for trained individuals to work on personal projects, fostering skill application, community collaboration, and continued engagement with the library's resources.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Sarah Steiner’s $102K as Executive Di is at the 87th percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Sarah Steiner | $101,562 | $94,200 | — | — | — |
| Garrett Carr | $90,920 | $82,785 | — | — | — |
| Sarah Steiner | — | — | $81,660 | $43,850 | $20,000 |
| Garrett Carr | — | — | $68,509 | $21,025 | — |
| Ian Saunders | $23,831 | $27,586 | — | — | — |
| Ian Saunders | — | — | $16,887 | $11,565 | — |
| Jessie Rodriguez | — | — | — | $5,120 | $1,830 |
| Danielle Slabaugh | — | — | — | $2,276 | $1,590 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 67% | — | — |
| Overhead ratio | 31% | — | — |
| Fundraising cost ratio | 14% | — | — |
| Revenue growth | 41% | — | — |
| Accounting fee ratio | 0.4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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