Nashville Tools For Schools, Inc.
Fiscal Year
Fiscal Year Start
01/01/2020
Fiscal Year End
12/31/2020
Projected Revenue
$38,165.00
Projected Expenses
$54,630.00
Organizational Budgets and Other Documents
| 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 | 2019 | 2018 | 2017 |
|---|---|---|---|
| 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 | 2019 | 2018 | 2017 |
|---|---|---|---|
| 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 Year | 2019 | 2018 | 2017 |
|---|---|---|---|
| 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 | 2019 | 2018 | 2017 |
|---|---|---|---|
| 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 | 2019 | 2018 | 2017 |
|---|---|---|---|
| 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
2021
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| Along with many other nonprofit organizations, Nashville Tools for Schools ("NTFS") faced significant challenges this year due to the COVID-19 pandemic. Due to the outbreak and the resulting nonessential business closures, NTFS was forced to shut down workshop operations between March and July. The workshop has only recently reopened during limited hours and with limited staff in order to observe all necessary health and safety protocols required during the pandemic. Further, as schools were also forced to close due to COVID-19, NTFS has seen a significant reduction in the number of project requests. However NTFS is proud to report that, at the request of Metro Nashville Public Schools, we were able to build approximately 285 plexiglass safety screens that were provided to every school in Metro Nashville. We are now also taking project requests from Nashville area community centers that provide after-school programs to Metro students. 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 begin to reopen. An another challenge we faced is our ongoing need 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. Two grants that were received in 2019 were not renewed for 2020. Additionally, NTFS' Board of Directors had put into place plans for implementation of a new annual fundraising campaign, but this too was postponed due to COVID. We are now hoping to move forward with our annual campaign in Fall 2020, and we will continue to renew existing grant applications and seek out new grant opportunities to support our mission of "building for our childrens' future". |
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 9/22/2020. |
