The Toy Association Inc
The Toy Association Inc shows fluctuating revenues but consistent asset growth and zero reported officer compensation.
EIN: 135591570 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.7M |
| Total Expenses | $18.3M |
| Program Spending | 80% |
| Net Assets | $23.2M |
| Transparency Score | 85/100 |
Is The Toy Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Toy Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Toy Association Inc
The Toy Association Inc (EIN: 135591570) is a nonprofit organization based in New York, NY. The organization reported total revenue of $18.7M and total assets of $38.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Toy Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Toy Association Inc is a large nonprofit that has been operating for 108 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.0M |
| Total Expenses | $18.3M |
| Surplus / Deficit | +$5.7M |
| Total Assets | $33.7M |
| Total Liabilities | $10.4M |
| Net Assets | $23.2M |
| Operating Margin | 23.6% |
| Debt-to-Asset Ratio | 31.0% |
| Months of Reserves | 22.1 months |
Financial Health Grade: A
In 2023, The Toy Association Inc reported a surplus of $5.7M with revenue exceeding expenses, holds 22.1 months of operating reserves (strong position), has a debt-to-asset ratio of 31.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), The Toy Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +162.8% | +22.4% | -7.8% |
| 2022 | -20.6% | +10.1% | -18.2% |
| 2021 | -47.9% | -20.7% | +18.6% |
| 2020 | -3.6% | -14.7% | -8.2% |
| 2019 | +2.0% | +0.2% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1918 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Toy Association Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, The Toy Association Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue, suggesting either a volunteer leadership structure or that compensation is reported under other categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Toy Association Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $23.9M in 2023 vs. $9.1M in 2022)
- Unusually low (0%) reported officer compensation for an organization of this scale, warranting further investigation into compensation reporting practices.
Strengths
The following positive indicators were identified for The Toy Association Inc:
- Strong and consistent asset base, indicating financial stability (e.g., $38,930,300 in latest data).
- Positive net income in most years, demonstrating financial sustainability (e.g., $23.9M revenue vs. $18.3M expenses in 2023).
- No reported officer compensation, suggesting a strong commitment to directing funds to organizational activities.
Frequently Asked Questions about The Toy Association Inc
Is The Toy Association Inc a legitimate charity?
The Toy Association Inc (EIN: 135591570) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $18.7M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Toy Association Inc spend its money?
The Toy Association Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Toy Association Inc tax-deductible?
The Toy Association Inc is registered as a tax-exempt nonprofit (EIN: 135591570). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Toy Association Inc's spending goes to programs?
The Toy Association Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Toy Association Inc located?
The Toy Association Inc is headquartered in New York, New York and files with the IRS under EIN 135591570.
How many years of IRS 990 filings does The Toy Association Inc have?
The Toy Association Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $18.7M in total revenue.
How does The Toy Association Inc manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation across all filings for an organization with revenues often exceeding $20 million and assets nearing $40 million is highly unusual. It suggests either a fully volunteer-led executive team, or that executive compensation is categorized differently within the IRS 990, such as under 'other salaries and wages' or through related organizations, which would require a deeper dive into the full 990 forms to clarify.
What caused the significant revenue drop in 2022 to $9,120,351 from $23,965,719 in 2023?
The dramatic fluctuation in revenue, particularly the drop in 2022, suggests a potential reliance on cyclical events, trade shows, or specific industry conditions. Without further detail, it's difficult to pinpoint the exact cause, but it indicates a revenue model that can experience significant year-to-year variability.
What is the primary purpose of The Toy Association Inc's substantial asset base?
With assets consistently around $30-$40 million, The Toy Association Inc maintains a significant financial reserve. This could be for long-term investments, capital expenditures related to its operations (e.g., event infrastructure), or to provide financial stability during periods of lower revenue, as seen in 2022.
Filing History
IRS 990 filing history for The Toy Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Toy Association Inc's revenue has grown by 66.3%, moving from $14.4M to $24.0M. Total assets increased by 85.5% over the same period, from $18.1M to $33.7M. Total functional expenses rose by 27%, from $14.4M to $18.3M. In its most recent filing year (2023), The Toy Association Inc reported a surplus of $5.7M, with revenue exceeding expenses. The organization holds $10.4M in liabilities against $33.7M in assets (debt-to-asset ratio: 31.0%), resulting in net assets of $23.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.0M | $18.3M | $33.7M | $10.4M | — | — |
| 2022 | $9.1M | $15.0M | $36.5M | $20.3M | — | View 990 |
| 2021 | $11.5M | $13.6M | $44.6M | $18.9M | — | View 990 |
| 2020 | $22.1M | $17.1M | $37.6M | $10.0M | — | View 990 |
| 2019 | $22.9M | $20.1M | $41.0M | $19.4M | — | View 990 |
| 2018 | $22.4M | $20.0M | $35.4M | $17.9M | — | View 990 |
| 2017 | $20.9M | $19.0M | $36.2M | $17.3M | — | View 990 |
| 2016 | $19.4M | $18.1M | $31.5M | $16.0M | — | View 990 |
| 2015 | $19.1M | $18.3M | $28.0M | $14.0M | — | View 990 |
| 2014 | $19.1M | $17.0M | $29.5M | $15.6M | — | View 990 |
| 2013 | $17.5M | $17.2M | $25.7M | $13.8M | — | View 990 |
| 2012 | $17.2M | $14.6M | $23.8M | $12.2M | — | View 990 |
| 2011 | $16.5M | $13.8M | $20.4M | $11.0M | — | View 990 |
| 2010 | $14.4M | $14.4M | $18.1M | $11.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.0M, expenses of $18.3M, and assets of $33.7M (revenue +162.8% year-over-year).
- 2022: Revenue of $9.1M, expenses of $15.0M, and assets of $36.5M (revenue -20.6% year-over-year).
- 2021: Revenue of $11.5M, expenses of $13.6M, and assets of $44.6M (revenue -47.9% year-over-year).
- 2020: Revenue of $22.1M, expenses of $17.1M, and assets of $37.6M (revenue -3.6% year-over-year).
- 2019: Revenue of $22.9M, expenses of $20.1M, and assets of $41.0M (revenue +2.0% year-over-year).
- 2018: Revenue of $22.4M, expenses of $20.0M, and assets of $35.4M (revenue +7.5% year-over-year).
- 2017: Revenue of $20.9M, expenses of $19.0M, and assets of $36.2M (revenue +7.5% year-over-year).
- 2016: Revenue of $19.4M, expenses of $18.1M, and assets of $31.5M (revenue +1.6% year-over-year).
- 2015: Revenue of $19.1M, expenses of $18.3M, and assets of $28.0M (revenue +0.1% year-over-year).
- 2014: Revenue of $19.1M, expenses of $17.0M, and assets of $29.5M (revenue +9.4% year-over-year).
- 2013: Revenue of $17.5M, expenses of $17.2M, and assets of $25.7M (revenue +1.8% year-over-year).
- 2012: Revenue of $17.2M, expenses of $14.6M, and assets of $23.8M (revenue +4.4% year-over-year).
- 2011: Revenue of $16.5M, expenses of $13.8M, and assets of $20.4M (revenue +14.3% year-over-year).
- 2010: Revenue of $14.4M, expenses of $14.4M, and assets of $18.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Toy Association Inc:
Data Sources and Methodology
This transparency report for The Toy Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.