Toolworks INC FY2022 filing

Tax-deductible

San Francisco, CA501(c)(3)Since 1975EmploymentEIN 94-2493384

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Toolworks is a human service agency offering community support, vocational training and work experience to individuals who have developmental, psychiatric or physical disabilities.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$831K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
5 of 5
filings with a surplus
Average surplus $946K a year · 5% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$831K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $63K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.4M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.4M
-5% vs prior year
Spent
$18.6M
To programs
90%
Net assets
$9.2M
By yearFY2020–FY2024
Revenue
$19.4M
FY2022▼ -5%
Revenue by fiscal year
FY2020$17.8M
FY2021$20.6M
FY2022$19.4M
FY2023$20.4M
FY2024$20.2M
FY2024$20.5M
Expenses
$18.6M
FY2022▲ +2%
Expenses by fiscal year
FY2020$17.8M
FY2021$18.2M
FY2022$18.6M
FY2023$19.3M
FY2024$19.8M
FY2024$20.8M
Net assets
$9.2M
FY2022▲ +3%
Net assets by fiscal year
FY2020$6.1M
FY2021$9.0M
FY2022$9.2M
FY2023$10.4M
FY2024$11.2M
FY2024$11.2M

From the FY2022 Form 990 (year ending June 2022) · 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 Jul 1979.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $16.8M Management & general 10% · $1.8M

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

14 people listed on the 990; $831K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Executive Director
$244,902Pt VII · Sec A
VP of Services
$129,867Pt VII · Sec A
Chief Operations Officer
$129,106Pt VII · Sec A
$117,529Pt VII · Sec A
$104,786Pt VII · Sec A
Employee
$104,578Pt VII · Sec A
$0Pt VII · Sec A
Chair Person
$0Pt VII · Sec A

Kristy Feck’s $317K as Chief Executive Officer is at the 73rd percentile of top reported officer pay among 414 $10–100M employment 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kristy Feck$316,627$333,695$360,472$244,902$262,930$251,154
Janet a Behr$160,392$145,513————
Sarah Burgett——$159,533$129,867—$110,581
Geneva M Carlos-Valentino$142,181$123,427————
Eulalio Cervantes—$140,063$125,860$117,529——
Janet Behr——$136,068$129,106—$114,007
Reda Abraha——$118,567———
Rogelio Garcia Solorio$108,709—————

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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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 15aYes

Programs and updates

Provides job skills training for individuals with disabilities.

Provided by the organization

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3 programs · $16.0M · in their own filed words · FY2021
01

Contract Services

Toolworks social enterprises employ more than 125 workers with disabilities in high-paying, career track positions in the janitorial and hospitality industries. High-profile customers of toolworks commercial janitorial firm include the phillip burton federal building, the ninth circuit court of appeals and the san francisco maritime…

$7.8Mprogram expense
02

Community Living Services

Toolworks provides the training and support that enable people with significant disabilities to live independently in the community and their home. Community living serves approximately 100 individuals; this 1:1 service is tailored to meet the need of each individual and includes support in the areas of cooking, travel, money management…

$6.7Mprogram expense
03

Community Integration Services

Community integration services fosters the development of employment skills and living skills that enable people with disabilities to live and work in the community. Services are centered in san francisco, alameda and contra costa and serve approximately 100 adults who want help developing their pre-employment skills such as travelling…

$1.5Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
SourceamericaFY2024$48K
Total grants receivedfrom 2 funders$63K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$19.4M
Ln 12
Fees for servicesLn 2g$18.5M
Gifts and grantsLn 1h$613K
Investment incomeLn 3$160K
Money outPt IX
$18.6M
Ln 25
Programscol B$16.8M
Managementcol C$1.8M
Owns and owesPt X
$9.2M
net assets · Ln 32
Cash and savingsLn 1–2$5.2M
Total assetsLn 16$12.6M
LiabilitiesLn 26$3.4M
PeoplePt VI, VII
14
listed · VII A
PaidVII A6
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$613K
Noncash giftsLn 1g$99K
Fees for servicesLn 2g$18.5M
Investment incomeLn 3$160K
Other incomeLn 4–11$156K
Gains on assetsLn 7$17K
Total revenueLn 12$19.4M
Assets in detailPt X, end of year
CashLn 1$5.0M
SavingsLn 2$218K
Cash and savings togetherLn 1–2$5.2M
InvestmentsLn 11–13$4.1M
Land, buildings, equipmentLn 10c$148K
Total assetsLn 16$12.6M
LiabilitiesLn 26$3.4M
Net assetsLn 32$9.2M
OperationsPt I, VI
EmployeesI 5429
VolunteersI 68
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$3.5M$5.2M
InvestmentsLn 11–13$4.5M$4.1M
Land, buildings, equipmentLn 10c$238K$148K
Total assetsLn 16$11.7M$12.6M
LiabilitiesLn 26$2.7M$3.4M
Net assetsLn 32$9.0M$9.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$245K$235K$10K
Other salaries and wagesLn 7$12.5M$11.6M$906K
Pension plan contributionsLn 8$135K$129K$5K
Other employee benefitsLn 9$2.4M$2.3M$67K
Payroll taxesLn 10$951K$913K$38K
Legal feesLn 11b$202K$202K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$144K$49K$96K
Office expensesLn 13$397K$194K$203K
OccupancyLn 16$472K$395K$77K
TravelLn 17$134K$132K$2K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$61K$7K$54K
InsuranceLn 23$76K$6K$70K
Other expenses (24a–d)Ln 24$739K$710K$28K
All other expensesLn 24e$104K$92K$13K
Total functional expensesLn 25$18.6M$16.8M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $20.2M$19.8M$402K$11.2M 990 PDF
FY2023 $20.4M$19.3M$1.1M$10.4M 990 PDF
FY2022 Viewing $19.4M$18.6M$840K$9.2M 990 PDF
FY2021 $20.6M$18.2M$2.4M$9.0M 990 PDF
FY2020 $17.8M$17.8M$24K$6.1M 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 (4 parts)
Part VIII · Statement of revenue $19,443,518 across 8 lines filed
Lines not itemized here account for $129,555 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$613,019
VIII-1g Noncash contributions (included above)$99,477
VIII-1h Total contributions, gifts and grants$613,019
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,514,664$18,514,664
VIII-3 Investment incomeExcluded from tax $142,790$142,790
VIII-7 Net gain or loss on sales of assetsExcluded from tax $17,490$17,490
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $26,000$26,000
VIII-12 Total revenueRelated to mission $18,670,219 · Unrelated business $0 · Excluded from tax $160,280$19,443,518
Part IX · Statement of functional expenses $18,603,084 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $235,106 · Management $9,796$244,902
IX-7 Other salaries and wagesPrograms $11,626,478 · Management $906,438$12,532,916
IX-8 Pension plan contributionsPrograms $129,293 · Management $5,387$134,680
IX-9 Other employee benefitsPrograms $2,320,828 · Management $67,057$2,387,885
IX-10 Payroll taxesPrograms $913,351 · Management $38,057$951,408
IX-11b Legal feesManagement $202,343$202,343
IX-11c Accounting feesManagement $20,022$20,022
IX-11g Other fees for servicesPrograms $48,896 · Management $95,569$144,465
IX-13 Office expensesPrograms $193,501 · Management $203,287$396,788
IX-16 OccupancyPrograms $395,176 · Management $76,907$472,083
IX-17 TravelPrograms $131,900 · Management $1,669$133,569
IX-20 InterestPrograms $1,360$1,360
IX-22 Depreciation, depletion and amortizationPrograms $6,524 · Management $54,461$60,985
IX-23 InsurancePrograms $6,364 · Management $70,012$76,376
IX-24 Other expenses (24a–d)Programs $710,457 · Management $28,375$738,832
IX-24e All other expensesPrograms $91,849 · Management $12,621$104,470
IX-25 Total functional expensesPrograms $16,811,083 · Management $1,792,001 · Fundraising $0$18,603,084
Part X · Balance sheet $12,639,501 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $3,315,434$4,988,608
X-2 Savings and temporary cash investmentsStart of year $217,746$217,845
X-4 Accounts receivableStart of year $3,157,034$2,921,222
X-8 Inventories for sale or useStart of year $5,792$6,813
X-9 Prepaid expenses and deferred chargesStart of year $227,009$271,693
X-10c Land, buildings and equipment, netStart of year $237,672$147,789
X-12 Other securitiesStart of year $4,539,354$4,085,531
X-16 Total assetsStart of year $11,700,041$12,639,501
X-17 Accounts payable and accrued expensesStart of year $322,994$445,210
X-24 Unsecured notes and loans payableStart of year $118,403$75,678
X-25 Other liabilitiesStart of year $2,290,078$2,894,048
X-26 Total liabilitiesStart of year $2,731,475$3,414,936
X-27 Net assets without donor restrictionsStart of year $8,968,566$9,224,565
X-32 Total net assets or fund balancesStart of year $8,968,566$9,224,565
X-33 Total liabilities and net assetsStart of year $11,700,041$12,639,501
Part XI · Reconciliation of net assets $9,224,565 net assets at year end
XI-1 Total revenue$19,443,518
XI-2 Total expenses$18,603,084
XI-3 Revenue less expenses$840,434
XI-4 Net assets at start of year$8,968,566
XI-5 Net unrealized gains (losses) on investments−$584,435
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,224,565

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

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