Houston Community Tool Bank, Inc.
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Houston Community Tool Bank, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
The Houston ToolBank serves community-based organizations by providing tools, equipment, and expertise to empower their most ambitious goals. Our vision is to uplift communities with tools for change, and we optimize resources for the nonprofit world by building capacity with tool and equipment lending, disaster preparedness/response, hands-on training, and more.
Year, State Incorporated:
2012, TX
Also Known As:
Houston Tool Bank
The Tool Lending Program sits at the core of the Houston ToolBank and is the foundation upon which our organization was built. We have a warehouse of more than 300 tool types and more than 15,000 individual items, ranging from what is conventionally considered "tools" like hammers and power drills; to events equipment like folding tables, chairs, and pop-up tents; bigger equipment such as generators, portable AC units, and dehumidifiers; lawn games; and more. Our inventory can equip a Boy Scout Troop as they clean up debris and trash from waterways, support long-term remodeling of a senior's home by skilled volunteers, or provide enough shade tents and tables to host a large-scale food distribution effort.
ToolBank borrowers are mainstream nonprofits, schools and PTO's, faith-based organizations, neighborhood associations, government agencies, disaster recovery groups, scouting troops, and many others. While tool lending itself is a simple concept that may seem peripheral to larger issues impacting our region, our services have amplified the impact of more than 990 community organizations since operations began. These organizations work tirelessly to combat issues like housing, disaster relief, environmental preservation, education, and cultural enrichment, and all are strengthened by our inventory. Every time a member borrows, they save money and resources on purchasing, storage, and maintenance and can redirect to other areas of need. This ensures funding makes a greater impact and allows them to do more. In a sector that consistently faces constraints of time, personnel, and budget, our inventory allows organizations to achieve their visions for a thriving community with greater efficiency.
Compared to some of the more complex issues facing our communities, tools may seem like a low priority; however, the reality is that rental, purchase, storage, maintenance, and repair for required equipment is cost-prohibitive for many nonprofits, and valuable resources may be wasted trying to fill the need from volunteers or donors. We charge a 5% handling fee per week, which means a member can borrow $1,000 worth of tools for only $50, thereby allowing members to allocate those resources to project execution and other areas of need. This nominal fee is waived for disaster-related orders. Since opening in 2014, our inventory has equipped a rough estimate of 396,758 volunteers or nonprofit staff to complete 30,615 projects with more than 990 different organizations. By using our inventory, these agencies have saved more than $17,300,000 in retail costs ALONE. This number does not account for the insurance, storage, repair, and other related costs that we take responsibility for.
We have no geographic restrictions within the state of Texas and actively serve partners in many counties. Harris is our busiest service region followed by other adjacent counties, such as Fort Bend, Galveston, and Montgomery. Organizations that borrow can either come to the Houston ToolBank warehouse on the east side of downtown or visit one of our Neighborhood Tool Hubs to pick up tools. We also offer delivery directly to project sites for a fee.
Since opening, weve supported 265 organizations addressing issues caused by disasters, but there have been moments of missed opportunity when we werent able to get items out ahead of the storm. Mucking-and-gutting a flooded home the day after an event versus weeks after can mean the difference between minor repair versus extensive mold remediation and systems replacement. We formalized a Disaster Preparedness Program that addresses this delay by partnering with nonprofits and community leaders to pre-position tools in neighborhoods most likely impacted by disaster. By pre-positioning these critical response tools in advance of major weather events, we can help ensure they are ready for use as soon as they are needed and ensure our community is more adequately equipped for timely response.
Tool School, launched Fall 2023, is conducted in partnership with local schools, workforce development programs, and more and equips participants with the knowledge and confidence to safely and properly wield hand and power tools in a hands-on learning environment. This training program was launched for a handful of reasons: to engage more directly with the "expertise" portion of our mission, in efforts to support building passion and interest in trades careers, and to further build on the services we offer to our partner organizations and local schools. Now, more than ever, access to post-secondary education and creating accessible pathways to employment is critical. Tool School is one of the ways that the Houston ToolBank can help to bridge gaps with students readying themselves for life after high school and can provide life skills training to individuals with intellectual/developmental disabilities (I/DD) in service of helping to develop independence and confidence. Combining the opportunity to develop these skills with information about careers, certifications, and programs associated with work in nonprofits and the trades provides Tool School participants a more comprehensive understanding of their education and employment options.
In the nonprofit sector, fundraising makes up a massive part of operations. This responsibility is a never ending uphill battle and further highlights how critically important it is to create networks of support. The Houston ToolBank exists to help ease the financial burden of our partners so that they are able to continue providing vital programs and services to our community at greater frequency and scale. Every time one of our members borrows our tools, they save critical resources that can then be directed to other areas of need. This ensures that their funding makes a greater impact and allows them to do more in the community. The Houston Toolbank is constantly filling a variety of needs. Ideally, we are a changing resource; we evolve and grow with the partners we serve by building, expanding, and diversifying our inventory to match project and community needs.
For the year ended December 31, 2024, Houston Community Tool Bank, Inc.'s program expenses were:
| Payroll & Taxes | $249,673 |
| Contributions to others | $185,174 |
| Independent Contractors | $92,081 |
| Depreciation | $85,046 |
| Repairs & Maintenance | $52,855 |
| Tools | $23,335 |
| Rent | $21,235 |
| Insurance | $19,670 |
| Fuel & Delivery | $10,106 |
| Other Employee Benefits | $8,360 |
| Cost of Goods Sold | $7,843 |
| Computers & Software | $6,319 |
| Advertising | $5,325 |
| Office-related Expenses | $3,664 |
| Conferences & Meetings | $2,921 |
| Utilities | $2,678 |
| Bank & Credit Card Fees | $2,516 |
| Travel | $1,894 |
| Dues & Subscriptions | $945 |
| Warehouse Supplies & Consumables | $886 |
| Special Events | $621 |
| Total Program Expenses | $783,147 |
Chair of the Board
Marly Maskill
Board Size
19
Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television, Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Houston Community Tool Bank, Inc.'s unaudited financial statements for the year ended December 31, 2024.
Source of Funds
| Contributions | $492,610 |
| In-Kind Contributions | $471,676 |
| Tool Handling Fees | $91,924 |
| Special Events | $74,656 |
| Net Investment Return | $22,614 |
| Other Income | $18,271 |
| Total Income | $1,171,751 |
Programs: 83% Fundraising: 8% Administrative: 9%
| Total Income | $1,171,751 |
| Total expenses: | $940,455 |
| Program expenses | $783,147 |
| Fundraising expenses | $75,571 |
| Administrative expenses | $81,737 |
| Other expenses | $0 |
| Income in Excess of Expenses | $231,296 |
| Beginning Net Assets | $783,790 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,015,086 |
| Total Liabilities | $2,982 |
| Total Assets | $1,018,068 |
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