Nashville Tools For Schools, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$59,000.00
Projected Expenses
$54,825.00
Organizational Budgets and Other Documents
| CY 2023 Budget | 2023 |
| CY 2022 Budget | 2022 |
| 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 Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 |
| Contributions, Gifts, and Grants | $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 Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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
2024
Solicitations Permit
Form 990s
Audit Documents
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 Hayley Sulfridge 8/8/23. |
