Toolbox Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Toolbox is the go-to resource for everything small business in Wyandotte County, Kansas. We provide support with planning, registering, funding, operating, and growing your business. We take the intimidating checklist of starting and operating a business and distill it down into the essentials through private one-on-one small business coaching. All of our services are offered at no cost to local residents and businesses. Our vision is to empower the community to own their economic future.
- Income
- $638,925
- Spending
- $233,830
- Spent on programs
- 94%
- Reserves
- 15.1 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 1
- Volunteers
- 30
- Highest pay
- $79,182, 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
Strong: 100 out of 100. Higher than 88% of charities in its peer group (community improvement, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 15.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 63% of income.
Income trend
15 of 15Income rose 196% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 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: 76 out of 100. Higher than 51% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 258 of 8 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
6 of 15Its accounts were not audited or reviewed 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 (3)
- $98,891 spent. The Toolbox delivered 5 multi-week programs and 9 workshops in 2024, reaching 362 program participants and 263 workshop participants for a total of 625 individuals served. Of these, 114 participants graduated with completion certificates. Women represented 68.6% of program participants and were five times more likely to graduate than men. Topics included business basics, financial literacy, and specialized training such as QuickBooks, Excel and Construction Management.
- $87,903 spent. In 2024, The Toolbox provided 531 one-on-one meetings with entrepreneurs, primarily in construction, food service, and retail industries. These sessions focused on business planning, funding strategies, and connecting with resources. The majority of clients were women (56.8%) and 73.4% identified as Latinx/Hispanic, highlighting our role in serving underrepresented business owners. Client demographics spanned ages 18 to 74, with the largest group being 35-44 years old (45%).
- $32,964 spent. In 2024, The Toolbox organized and participated in 24 events, including the Kansas City, Kansas Urban E-Community networking series, the Food Business Conference, the 5th Annual Youth Entrepreneurship Challenge, and 913 Day. These events fostered collaboration among entrepreneurs, banks, and ESOs, while showcasing small business talent across Wyandotte County. Hundreds of residents engaged in these activities, helping strengthen connections and expand opportunities for local entrepreneurs.
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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.