Atlanta Community Toolbank Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 61 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The Atlanta Community ToolBank stewards an inventory of tools for lending to charitable organizations to increase the impact of their mission-related efforts in the commuinity.
- Income
- $439,496
- Spending
- $639,060
- Spent on programs
- 77%
- Reserves
- 10.1 months of spending
- Largest source of income
- other income, 41%
- Employees
- 11
- Highest pay
- $92,928, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 53 out of 100. Higher than 14% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 10.1 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 45% of income.
Income trend
5 of 15Income fell 21% on the year before.
Spending floor
0 of 1576% of spending went to programs and raising each dollar of donations cost 61 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 88% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $474,003 spent. The Atlanta Community ToolBank, Inc. ToolBank is a non-profit organization located in Atlanta, GA. The ToolBank stewards an inventory of tools for lending to charitable organizations to increase the impact of their mission-related efforts in the community. The ToolBank loans tools to other Non-Profits through the collection of dues and handling fees to assist them in completing their community improvement projects in a cost-effective manner. In addition to revenue received from tool lending and program service fees, the ToolBank receives donations from individuals, corporations, and foundations primarily located in the metropolitan area of Atlanta, Georgia.
- $14,592 spent. The Tool Training Center ITC is located in the ToolBank. The TTC is a collaborative educational center focused on bridging critical gaps in the areas of tool use, repair and safety, workforce development, young adult introduction to tools and trades, diasater preparedness, and facility management. As an educational force for service, the ToolBanks Tool Training Center is helping our non-profit community make volunteer service easier, safer and more abundant across metro Atlanta. The ToolBank is now equipping volunteers with the knowledge of how to use tools more effectively, increasing volunteer skills and their impact on our community.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2001.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Atlanta Community Food Bank Inc (Atlanta, GA), EIN 58-1376648. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.