ToolBank USA

What ToolBank USA does

ToolBank USA is a national 501(c)(3) nonprofit organization founded in 2008 and headquartered at 410 Englewood Ave SE, Atlanta, GA, that operates a federated network of local ToolBank affiliates serving community-based organizations across the United States. The organization's core product is a tool lending program that allows nonprofits, faith-based groups, neighborhood associations, schools, and disaster response organizations to borrow professional-grade tools, ladders, and event equipment for 3-5% of retail value per week, processed through the proprietary Tool Order Manager (TOM) online platform that manages inventory, ordering, and scheduling across all affiliates. The network inventory exceeded 1,000 tool types by March 2025, anchored by in-kind contributions from DEWALT and other manufacturers.

ToolBank USA generates revenue through a hybrid nonprofit model: small transaction-based tool handling fees from member organizations, tiered Building Change corporate volunteer event fees ($2,500 for teams of up to 15 to $4,000 for teams of 26-30), corporate and foundation grants from Home Depot Foundation, Ford Philanthropy, Stanley Black & Decker, UPS, Carhartt, Grainger, and Generac, individual donations, and in-kind equipment contributions. The organization operates ToolBank Disaster Services (TDS), which deploys mobile tool trailers within 48-72 hours to disaster areas at no cost to response organizations, with 25 mobile units now active across regional hubs in Chicago, Dallas, Denver, Los Angeles, Sacramento, Puerto Rico, and Maui. New affiliate launches in Detroit (Dec 2025) and New Orleans (Nov 2025), combined with the Ford-Carhartt workforce development partnership announced in January 2026, indicate active geographic and programmatic expansion under recently appointed CEO Trey Bearden.

Name

ToolBank USA

Legal name

ToolBank USA

Website

https://toolbank.org

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

ToolBank USA is a national 501(c)(3) nonprofit that lends tools to community-based organizations at 3-5% of retail value per week, deploys 25 mobile disaster relief units, and offers corporate volunteer events through a growing affiliate network.

Ownership category

akta.pro rank

Product category

Nonprofit Tool Lending and Community Equipment Services

NAICS

Civic and Social Organizations (813410), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300), Services-Membership Organizations (8600)

akta.pro primary industry

Disaster Response & Search and Rescue (SAR) (BPADADAA)

Keywords

• Nonprofit tool lending
• Disaster response services
• Community equipment lending
• Corporate volunteer engagement
• Affiliate network operations

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tool Handling Fees: ToolBanks charge a small tool-handling fee, typically 3% to 5% of each tool's retail value per week. These fees help sustain the tool-lending program, staff, and maintain the inventory
2. Corporate and Foundation Grants: Funding from corporate partners including The Home Depot Foundation, Ford Philanthropy, Stanley Black & Decker, and others for both community programs and disaster services
3. Individual Donations: Direct financial contributions from individual donors supporting ToolBank programs and disaster relief efforts
4. In-Kind Contributions: Tool and equipment donations from corporate partners, with DEWALT being noted for providing the 1,000th tool type in the network inventory
5. Building Change Program Fees: Corporate volunteer event fees ranging from $2,500 for up to 15 participants to $4,000 for 26-30 participants, with discounted options available

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

ToolBank USA is a 501(c)(3) nonprofit that operates a national network of ToolBank affiliates lending high-quality tools and equipment to community-based organizations at a small tool-handling fee (typically 3% to 5% of each tool's retail value per week). The organization also runs ToolBank Disaster Services (TDS), deploying mobile trailers with tools to communities impacted by natural disasters at no cost, and offers the Building Change corporate volunteer engagement program. Members access and manage orders through the Tool Order Manager (TOM) online platform.

Product overview

ToolBank USA is a national nonprofit organization (501(C)(3)) that operates a network of ToolBank affiliates providing tool lending services to community-based organizations. The organization offers four core offerings: the ToolBank Tool Lending Program, which provides tools and equipment to nonprofits for community projects; ToolBank Disaster Services (TDS), which deploys mobile disaster relief units to communities impacted by natural disasters; the Tool Order Manager (TOM) system for inventory management and online tool ordering; and the Building Change corporate volunteer program. The ToolBank concept was created in Atlanta in 1991, and ToolBank USA was launched in 2008 to replicate the model nationally.

Differentiator

Problem solved

Functional benefit

Brands

• ToolBank Disaster Services (TDS): A program that deploys staff, trailers, and tools to communities impacted by disasters at no cost to organizations conducting cleanup, recovery, and rebuilding work.
• Building Change
• Tool Order Manager (TOM)

Products and services

• ToolBank Tool Lending Program A nonprofit tool lending program that provides tools and equipment to community-based organizations for community improvement projects, charging a small tool-handling fee (typically 3% to 5% of tool retail value per week).
• ToolBank Disaster Services (TDS) A disaster response and recovery program that deploys staff, trailers, and thousands of tools to communities impacted by disasters at no cost to organizations conducting cleanup, recovery, and rebuilding work.
• Tool Order Manager (TOM) An online tool ordering system used by ToolBank affiliates where organizations can browse inventory, place orders, and schedule pickups and returns.
• Building Change Program A corporate volunteer engagement initiative that provides one-day build events for teams to build outdoor items such as picnic tables, raised garden beds, planter boxes, and compost bins for nonprofits, schools, and community centers.

Quantifiable outcome

• ToolBanks charge only 3-5% of tool retail value per week vs. typical retail rental companies, dramatically reducing project costs
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• CarharttflagshipStrategic or Co-development Partner · 15 January 2026Multi-year partnership with Ford Motor Company to address America's skilled labor shortage. Part of workforce development initiative including establishing ToolBank USA location in Detroit and co-branded Carhartt-Ford F-250 work truck.
• Ford-Carhartt PartnershipflagshipGTM or Marketing Partner · 15 January 2026Multi-year partnership between Ford and Carhartt to address skilled labor shortage with 1 million jobs unfilled and projections reaching 2 million by 2030. Includes ToolBank USA location establishment in Detroit and workforce training programs.
• American Red CrosscoreStrategic or Co-development PartnerKey partner in long-term disaster recovery efforts, particularly in Maui following the 2023 wildfires. Collaborates through grant programs enabling affected communities to guide disaster response.
• TEKsystemscoreStrategic or Co-development PartnerCorporate building partner with consistent MLK Day of Service participation across the ToolBank network. Third consecutive year of partnership in 2026.
• Team RubiconcoreStrategic or Co-development PartnerKey disaster response partner collaborating on cleanup and recovery efforts. Teamed on Tennessee flooding, Hurricane Ida, and other major disaster responses.
• Operation BlessingcoreStrategic or Co-development PartnerDisaster relief partner distributing tools and PPE alongside ToolBank Disaster Services during Hurricane Ida response in Louisiana.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• VolunteerMatch (Points of Light): Large-scale volunteer-engagement platform that competes with ToolBank's Building Change corporate-volunteer channel for the same pool of corporate ESG/employee-engagement dollars.
• American Red Cross: Major national disaster response organization that is itself a ToolBank partner in Maui long-term recovery; sets the competitive baseline for disaster-relief funding and partner affiliations across ToolBank's network.
• Habitat for Humanity International: The much larger umbrella housing nonprofit of which ReStores is an arm; serves overlapping donor and corporate-partner pools (Home Depot Foundation, UPS, local affiliates) and competes for the same workforce-development narrative around skilled trades.
• Goodwill Industries International: Large national nonprofit operating a federated affiliate model analogous to ToolBank's network structure, serving overlapping social-impact grants and corporate partners while running workforce-development programming.

Direct peers

• Team Rubicon: Veteran-led disaster response nonprofit that is itself a ToolBank Disaster Services partner; both deploy equipment and trained volunteer crews to disaster zones for debris removal and rebuilding, sharing the same target customer base.
• Rebuilding Together: National nonprofit that mobilizes volunteers to repair and rebuild homes for low-income families, mirroring ToolBank's community-organization-led model using borrowed tools and donated equipment to enable volunteer-driven home repair.
• All Hands and Hearts: Disaster relief nonprofit that partners with ToolBank Disaster Services to deliver volunteer-powered recovery work; competes for the same disaster-response grants and serves overlapping response organizations.
• Habitat for Humanity ReStores: Nonprofit home-improvement resale and reuse arm of Habitat for Humanity; shares ToolBank's mission of providing affordable access to tools/building materials for community-driven housing projects.
• Heart to Heart International: Disaster relief and humanitarian aid nonprofit distributing tools, supplies, and PPE during events like Hurricane Ida, similar to ToolBank's disaster deployment operations and partner ecosystem.
• SBP (St. Bernard Project): National nonprofit focused on disaster recovery and long-term resilience rebuilding; overlaps with ToolBank Disaster Services on hurricane/flood response and competes for the same CDP, Home Depot Foundation, and Red Cross grant dollars.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ToolBankUSA
• LinkedInlinkedin.com/company/toolbank-usa
• Xtwitter.com/ToolBankUSA

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ToolBank USA