Nashville Tools For Schools, Inc.
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615-442-6837
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Post Office Box 158480
Nashville, TN 37215
Organization Details

Fiscal Year

Fiscal Year Start

01/01/2021

Fiscal Year End

12/31/2021

Projected Revenue

$24,500.00

Projected Expenses

$24,500.00

Organizational Budgets and Other Documents

CY 2021 Budget 2021
CY 2020 Budget 2020
CY 2019 Budget 2019
CY 2018 Budget 2018
CY 2017 Budget 2017
CY 2016 Budget 2016
CY 2015 Budget 2015
CY 2014 Budget 2014
Budget 2013

IRS Letter of Exemption

Nashville Schools for Tools IRS Letter of Det

Detailed Financials

Revenue and Expenses
Fiscal Year202020192018
Total Revenue $0.00$0.00$0.00
Total Expenses $0.00$0.00$0.00
Revenue Less Expenses ($-0.00)($-0.00)($-0.00)

Revenue Sources
Fiscal Year202020192018
Foundation and Corporation Contributions $0.00$0.00$0.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$0.00$0.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $0.00$0.00$0.00
Individual Contributions $0.00$0.00$0.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $0.00$0.00$0.00
Investment Income, Net of Losses $0.00$0.00$0.00
Membership Dues $0.00$0.00$0.00
Special Events $0.00$0.00$0.00
Revenue In-Kind $0.00$0.00$0.00
Other $0.00$0.00$0.00

Expense Allocation
Fiscal Year202020192018
Program Expense $0.00$0.00$0.00
Administration Expense $0.00$0.00$0.00
Fundraising Expense $0.00$0.00$0.00
Total Revenue/Total Expenses
Program Expense/Total Expenses
Fundraising Expense/Contributed Revenue

Top Funding Sources
Fiscal Year202020192018
Top Funding Source & Dollar Amount $0.00$0.00$0.00
Second Highest Funding Source & Dollar Amount $0.00$0.00$0.00
Third Highest Funding Source & Dollar Amount $0.00$0.00$0.00

Assets and Liabilities
Fiscal Year202020192018
Total Assets $0.00$0.00$0.00
Current Assets $0.00$0.00$0.00
Long-Term Liabilities $0.00$0.00$0.00
Current Liabilities $0.00$0.00$0.00
Total Net Assets $0.00$0.00$0.00

Endowment Info

Do you have an endowment?

No

Capital Campaign Info

Are you currently in a Capital Campaign?

No

Do you anticipate a campaign in the next 5 years?

Yes

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

June

Permit Expiration Year

2022

Form 990s

Nashville Tools for Schools 2020 990N 2020
Nashville Tools for Schools 2019 990N 2019
Nashville Tools for Schools 2018 990N 2018
Nashville Tools for Schools 2017 990N 2017
Nashville Tools for Schools 2016 990N 2016
Nashville Tools for Schools 2015 990N 2015
Nashville Tools for Schools 2014 990N 2014
Nashville Tools for Schools 2013 990N 2013
Nashville Tools for Schools 2012 990N 2012
Nashville Tools for Schools 2011 990N 2011

Audit Documents

Financial Summary February 2021 2021
Financial Summary January 2020 2020
Financial Summary January 2019 2018
Financial Summary January 2018 2017
Financial Summary January 2017 2016
Financial Summary January 2016 2015
Financial Summary January 2015 2014
Financial Summary January 2014 2013

CEO/Executive Director/Board Comments


While NTFS was forced to shut down workshop operations between March and July, 2020, the workshop was subsequently reopened with limited hours and with limited staff in order to observe all necessary health and safety protocols required during the pandemic. NTFS was fortunate to have the guidance of two regular NTFS volunteers/physicians who developed and maintained stringent workshop safety protocols that allowed NTFS to return to limited but safe and steady production. However, the limits to our production did affect our income and output, as the adjustments to this year's NTFS budget indicate.

Further, despite the restrictions of the COVID-19 pandemic, Nashville Tools for Schools safely completed over 50 projects in 2020 through spring 2021, providing over 600 items to over 35 schools and organizations. These projects included approximately 500 plexiglass safety shields which were crucial to the safe reopening of schools in Davidson County. We look forward to continuing our forward trajectory and our return to full operations in conjunction with CDC and Metro safety guidelines. We are proud that, despite the pandemic, we have still been able to serve our students and teachers, and we anticipate a continued increase in project requests as schools prepare to reopen this fall. We also expect that revenues will continue to increase in conjunction with increased project requests and production.

NTFS continues in its efforts to increase our fundraising in order to complete a greater number of projects for an even larger number of schools at little-to-no cost. NTFS did and will continue to apply for renewal of existing grants and we will also pursue new grant opportunities to support our mission of "building for our childrens' future". NTFS did and will also pursue individual donations via social media, a quarterly newsletter and outreaches such as Giving Tuesday and The Big Payback, in order to reduce our overall reliance on grants to fund our operations.

Foundation Staff Comments


This organization files a 990-N form with the IRS, which does not provide specific financial information. Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less ($25,000 for tax years ending after December 31, 2007 and before December 31, 2010) are required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ instead. Comment provided by Kathryn Bennett 7/14/2021