Tool Box EIN 99-3599753

Tool Box FY2024 filing

EIN  99-3599753 Public charity (501(c)(3)) Milwaukie, OR Founded 2024
Form 990 (PDF)
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Size
$100K–1M
What they do
Celebrates and elevates craft trade professionals and their craftsmanship.
Leadership
Seyon Belai · President
Money in and out
$50K revenue, $50K expenses
Bottom line
42% program efficiency

Celebrates and elevates craft trade professionals and their craftsmanship. For fiscal year 2024 it reported $50K in revenue, $50K in expenses.Pt I

Where the money goes · FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $0
Where spending went · Part IX cols B–D
Program services $0.42 Management & general $0.58
Program efficiency
42%
of spending reaches programs
Surplus margin
0%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$50K
FY2024
Expenses
$50K
FY2024
Total assets
$0
FY2024
Total liabilities
$0
FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B42%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $21K of program spending, described in the organization's own filed words · FY2024.
01

A location was rented and some remodeling was done to get it ready for the charitable activities. This expenditure prepared the location to be able to display the crafts of the tradesmen.

$21Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTool Box
EINHdr · item D99-3599753
Principal addressHdr · item CMilwaukie, OR
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2024
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$50K
Total revenueLn 12$50K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.42 Management & general $0.58
Program services42%$21K
Management & general58%$29K
Total functional expensesLn 25$50K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $50K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $21K · Total expenses $50K
42%
Management & General
Management & general $29K · Total expenses $50K
58%
Fundraising
Fundraising $0 · Total expenses $50K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $50K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $50K
100%
Government reliance
Government grants — · Total revenue $50K
Earned-income share
Program service revenue $0 · Total revenue $50K
0%
Investment reliance
Investment income $0 · Total revenue $50K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $50K
0%
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $50K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Seyon Belai · Reported title President · Highest reported compensation $0 · Total expenses $50K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $50K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 42%
Overhead ratio 58%
Fundraising cost ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$206K revenue · ⤓ 990 PDF
FY2024$50K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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