Marine Toys For Tots Foundation is a 501(c)(3) organization based in Triangle, Virginia, registered in 2006, with $506,123,222 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
Revenue (FY2024)
$506.1M
▲ 40.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$523.3M
Net assets
$198.5M
Employees
30
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Marine Toys For Tots Foundation: 98% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marine Toys For Tots Foundation: 5 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Marine Toys For Tots Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marine Toys For Tots Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To collect new, unwrapped toys during christmas time each year, and distribute those toys as christmas gifts to less fortunate children in the community. the foundation also supports less fortunate children with books, toys, and games during christmas and other times of the year to give economically disadvantaged children hope and motivation to grow into responsible, productive, patriotic citizens and community leaders.
Through the toys for tots literacy program the gift of reading was brought to less fortunate children across the nation. purchased and donated new books allowed marines to distribute books to disadvantaged children and title 1 schools.
The foundation conducted an aggressive public information and education program to encourage americans to get involved in the marine corps premier
Revenue grew from $238.1M (FY2013) to $506.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-3.4%
Spent more than it raised in the latest fiscal year.
Total assets
$202.9M
Total liabilities
$4.4M
Net assets
$198.5M
Salaries & benefits
$3.5M
1% of expenses
Board members
15
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $506,123,222▲40.9% | $523,308,589▲39.0% | $198,456,601▼5.1% | $202,864,281▼5.8% | 990 |
| 2023 | $359,237,893▼5.4% | $376,454,492▼3.1% | $209,080,427▼4.1% | $215,321,979▼4.0% | 990 |
| 2022 | $379,587,582▲6.3% | $388,308,278▲14.7% | $217,953,389▼11.5% | $224,233,558▼11.7% | 990 |
| 2021 | $357,083,854▲19.7% | $338,600,503▲32.0% | $246,156,910▲11.7% | $253,941,097▲12.2% | 990 |
| 2020 | $298,290,471▲13.3% | $256,472,523▲7.1% | $220,418,421▲23.4% | $226,371,842▲20.8% | 990 |
| 2019 | $263,327,328▼4.8% | $239,537,462▼11.6% | $178,634,610▲23.5% | $187,401,589▲20.2% | 990 |
| 2018 | $276,639,200▲1.8% | $270,863,713▲4.2% | $144,640,492▼2.6% | $155,953,139▼5.5% | 990 |
| 2017 | $271,857,974▼0.9% | $259,889,255▼4.5% | $148,432,129▲14.1% | $165,055,860▲16.0% | 990 |
| 2016 | $274,290,274▲2.3% | $272,085,608▲5.3% | $130,107,375▲3.8% | $142,253,143▲4.4% | 990 |
| 2015 | $268,061,855▼3.1% | $258,463,242▼5.5% | $125,394,815▲5.5% | $136,203,721▲3.9% | 990 |
| 2014 | $276,619,072▲16.2% | $273,626,264▲16.7% | $118,808,478▲1.5% | $131,114,257▼0.5% | 990 |
| 2013 | $238,112,361 | $234,521,023▼3.9% | $117,094,639▲9.4% | $131,788,815▲15.0% | 990 |
| 2012 | — | $243,937,334▲3.1% | $107,071,166▲9.1% | $114,552,758▲3.7% | 990 |
| 2011 | — | $236,635,230▲4.4% | $98,167,868▲8.7% | $110,504,972▲11.7% | 990 |
| 2010 | — | $226,702,344 | $90,287,008 | $98,949,685 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: James B Laster — $413,403 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James B Laster | President and Ceo | 50 | $413,403 |
| Matthew D Cooper | Vice President, Operations | 50 | $255,916 |
| Theodore Silvester | Vice President, M&d | 50 | $255,570 |
| Kelley Hardison | Dvp, M&d/hr Director | 40 | $234,351 |
| Mackerl Stuckey | Dvp, Operations | 40 | $167,680 |
| Gunnar Spafford | Dvp, Bus Dev | 40 | $162,276 |
| Melanie Turner | Finance Director | 40 | $157,264 |
| Matthew Mcdonald | It Director | 40 | $147,124 |
| Alphonso Trimble | Director | 2 | — |
| Anne Martin | Director | 2 | — |
| Craig C Crenshaw | Director | 2 | — |
| David G Bellon | Director | 2 | — |
| David J Doolan | Director | 2 | — |
| David Lapan | Director | 2 | — |
| Jessica Van Dop Dejesus | Director | 2 | — |
| Joshua L Glover | Director | 2 | — |
| Mark A Hayden | Director | 2 | — |
| Robert E Milstead | Chairman | 2 | — |
| Sheryl E Murray | Director | 2 | — |
| Steven C Ohmstede | Director | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Moore A Series LLC Topeka | Mailshop | $4,224,949 |
| Moore A Series LLC | Direct Mail Marketing Services | $1,266,382 |
| Moore A Series LLC Dc Metro | Direct Mail Marketing Services | $1,207,540 |
| Moore A Series LLC Tulsa | Direct Mail Marketing Services | $893,397 |
| Group Sales | Toys | $660,823 |
296 grants to Marine Toys For Tots Foundation totaling $43.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $863,846 |
| Good360 | To assist those in need | 2024 | $720,274 |
| Charities Aid Foundation America | Charitable donation | 2024 | $261,037 |
| Paypal Charitable Giving Fund | General support | 2024 | $110,265 |
| Network For Good Inc | Unrestricted | 2024 | $58,356 |
| Greater Horizons | Human services | 2024 | $57,151 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $55,100 |
| American Endowment Foundation | Philanthropy | 2024 | $54,796 |
| Ayco Charitable Foundation | Community & human services | 2024 | $54,250 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $35,000 |
| Mightycause Charitable Foundation | Unrestricted | 2024 | $34,584 |
| The Blackbaud Giving Fund | General support | 2024 | $31,253 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $23,632 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $23,275 |
| The Bessemer Giving Fund | General support | 2024 | $22,500 |
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Data for Marine Toys For Tots Foundation (EIN 20-3021444) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.