Toolbank Usa Inc

Community Development · Charlotte, North Carolina

2513 S Tryon St, Charlotte, NC 28203-4965

EIN: 271602981· Founded: Jul 2010· 16 years active· Filing Year: 2023

Annual Revenue

$401K

Total Expenses

$321K

Total Assets

$538K

Program Spending

69%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$83K

25.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$106K

Total Payroll

$189K

59% of total expenses

Where the Money Goes

69%

Programs: 69%

Payroll: 59%

Other overhead: 31%

Program Revenue$220K (55%)

Total Expenses$321K (80%)

Payroll$189K (59%)

Overhead (non-program)31%

Trust Score Breakdown

Program Spending Ratio

69% of expenses go to programs

40%

Revenue & Stability

$401K annual revenue

15%

Executive Compensation

$83K total officer comp (25.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$538K in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.