Honestly, return all that stuff unless it is a Metric Allen Wrench set that is Husky brand. Go get a quality multi-tool such as a Crank Bros Multi 17 or Topeak Hexus II. I have literally built entire bikes with these things at swap meets.
Crank Bros Multi 17:
http://www.rei.com/product/768257/cr...-multi-17-tool
Topeak Hexus II:
http://www.rei.com/product/799892/to...-ll-multi-tool
Heck with as much as you are spending you could get this:
http://www.nashbar.com/bikes/Product...52_-1___202586
If you have to go the Home Depot Route, besides your screwdriver set, what you actually need is:
http://www.homedepot.com/p/Husky-13-...13PC/202934894
and
http://www.homedepot.com/p/Husky-Met...PCMM/202934515
That should get you most tools you need besides a patch kit and tire levers. That would be a good start. Do not buy a bike pump from there.