Toolbox Assessments INC FY2022 filing

Tax-deductible

Lincolnwood, IL501(c)(3)Medical ResearchEIN 86-3708972Revenue $594K in FY2022

On file with the IRStoolboxassessments.org6545 N Le Mai Ave, 60712-3122 · Lincolnwood, ILTax-exempt since Mar 2022Publicly supported — 509(a)(2)

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Developing, maintaining, training, and deploying, state-of-the-art health and educational Assessments to federally-funded researchers, global researchers and clinicians on behalf of the united states department of health and human services' national institute of health in order to make such Assessments more affordable and accessible.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $660K a year · 84% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
208 mo
of spending, in cash
Looks good: 207.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$594K
Spent
$40K
To programs
81%
Net assets
$699K
By yearFY2022–FY2024
Revenue
$594K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$594K
FY2023$670K
FY2024$1.1M
Expenses
$40K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$40K
FY2023$103K
FY2024$222K
Net assets
$699K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$699K
FY2023$1.3M
FY2024$2.1M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $33K Management & general 19% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable, accessible health and educational assessments for researchers and clinicians.

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Provided by the organization

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1 program · $33K · in their own filed words · FY2022
01

To lessen the burdens of government by developing, maintaining, training, and deploying, state-of-the-art health and educational assessments to federally-funded researchers, global researchers and clinicians on behalf of the united states department of health and human services' national institute of health in order to make such…

$33Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $54K · 2022–2023
Northwestern UniversityIL · FY2023$44,300
Northwestern UniversityIL · FY2022$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$594K
Ln 12
Fees for servicesLn 2g$594K
Money outPt IX
$40K
Ln 25
Programscol B$33K
Managementcol C$7K
Owns and owesPt X
$699K
net assets · Ln 32
Cash and savingsLn 1–2$699K
Total assetsLn 16$699K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$594K
Total revenueLn 12$594K
Assets in detailPt X, end of year
CashLn 1$699K
Cash and savings togetherLn 1–2$699K
Total assetsLn 16$699K
LiabilitiesLn 26$0
Net assetsLn 32$699K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$38K$699K
Total assetsLn 16$38K$699K
LiabilitiesLn 26$0$0
Net assetsLn 32$38K$699K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Legal feesLn 11b$13K$13K$675
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$10K$10K
Office expensesLn 13$616$616
Information technologyLn 14$268$210$58
OccupancyLn 16$931$931
InsuranceLn 23$3K$3K
Total functional expensesLn 25$40K$33K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.1M$222K$858K$2.1M 990 PDF
FY2023 $670K$103K$567K$1.3M 990 PDF
FY2022 Viewing $594K$40K$553K$699K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $593,659 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $40,795$593,659
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $40,795$593,659
I-13 Grants and similar amounts paidPrior year $0$10,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,099$30,346
I-18 Total expensesPrior year $3,099$40,346
I-19 Revenue less expensesPrior year $37,696$553,313
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $593,659 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $593,659$593,659
VIII-12 Total revenueRelated to mission $593,659 · Unrelated business $0 · Excluded from tax $0$593,659
Part IX · Statement of functional expenses $40,346 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $10,000$10,000
IX-11b Legal feesPrograms $12,552 · Management $675$13,227
IX-11c Accounting feesManagement $1,750$1,750
IX-11g Other fees for servicesPrograms $10,090$10,090
IX-13 Office expensesManagement $616$616
IX-14 Information technologyPrograms $210 · Management $58$268
IX-16 OccupancyManagement $931$931
IX-23 InsuranceManagement $3,464$3,464
IX-25 Total functional expensesPrograms $32,852 · Management $7,494 · Fundraising $0$40,346
Part X · Balance sheet $699,026 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $37,696$699,026
X-16 Total assetsStart of year $37,696$699,026
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $37,696$699,026
X-32 Total net assets or fund balancesStart of year $37,696$699,026
X-33 Total liabilities and net assetsStart of year $37,696$699,026
Part XI · Reconciliation of net assets $699,026 net assets at year end
XI-1 Total revenue$593,659
XI-2 Total expenses$40,346
XI-3 Revenue less expenses$553,313
XI-4 Net assets at start of year$37,696
XI-8 Prior period adjustments$108,017
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$699,026

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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