The Toy Foundation Inc
The Toy Foundation consistently dedicates a high percentage of expenses to programs, despite volatile annual revenues.
EIN: 136161457 · New York, NY · NTEE: S41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37.3M |
| Total Expenses | $7.6M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.7M |
| Transparency Score | 92/100 |
Is The Toy Foundation 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 Foundation Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Toy Foundation Inc
The Toy Foundation Inc (EIN: 136161457) is a nonprofit organization based in New York, NY, classified under NTEE code S41Z. The organization reported total revenue of $37.3M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Toy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Toy Foundation Inc is a large nonprofit that has been operating for 62 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-666,895 |
| Total Assets | $3.3M |
| Total Liabilities | $550K |
| Net Assets | $2.7M |
| Operating Margin | -9.6% |
| Debt-to-Asset Ratio | 16.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, The Toy Foundation Inc reported a deficit of $667K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 16.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), The Toy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.1% | -37.6% | -0.6% |
| 2022 | +246.6% | +200.2% | -21.7% |
| 2021 | -93.1% | -91.6% | -13.5% |
| 2020 | +255.9% | +267.4% | +6.7% |
| 2019 | -43.1% | -42.2% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Foundation Inc with a Mission Score of 92 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, The Toy Foundation Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 deficit of $667K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.7%.
Executive Compensation Analysis
The Toy Foundation Inc. reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for an organization of its size with annual revenues ranging from $3 million to over $48 million.
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 Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, which could impact long-term planning and stability.
Strengths
The following positive indicators were identified for The Toy Foundation Inc:
- Consistently high program spending ratio (e.g., 88% in 2023), indicating efficient use of funds for its mission.
- Zero officer compensation reported across all filings, demonstrating strong commitment to mission-focused spending.
- Consistent filing of IRS Form 990s over 14 periods, indicating strong transparency.
- Healthy asset base relative to liabilities, suggesting financial stability.
- Effective management of expenses to maintain program focus despite revenue fluctuations.
Frequently Asked Questions about The Toy Foundation Inc
Is The Toy Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Toy Foundation Inc (EIN: 136161457) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does The Toy Foundation Inc spend its money?
The Toy Foundation Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Toy Foundation Inc tax-deductible?
The Toy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Toy Foundation Inc CEO make?
The Toy Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $37.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Toy Foundation Inc's spending goes to programs?
The Toy Foundation Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Toy Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Toy Foundation Inc is above average for NTEE category S41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Toy Foundation Inc located?
The Toy Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136161457. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does The Toy Foundation Inc have?
The Toy Foundation 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 $37.3M in total revenue.
Is The Toy Foundation Inc. a good charity?
Based on the provided data, The Toy Foundation Inc. appears to be a good charity. It consistently allocates a very high percentage of its expenses to program services (e.g., 88% in 2023), has no reported officer compensation, and maintains a healthy asset-to-liability ratio.
How does The Toy Foundation Inc. manage its finances given the revenue fluctuations?
Despite significant year-over-year revenue fluctuations (e.g., $48.8M in 2020 to $3.4M in 2021), the organization consistently maintains a positive asset balance and a high program spending ratio, suggesting effective financial management and a focus on core mission delivery even during leaner periods.
What is the trend in The Toy Foundation Inc.'s assets?
The organization's assets have fluctuated but generally remained robust, ranging from a low of $1,957,729 in 2015 to a high of $4,895,558 in 2020, and standing at $3,298,425 in 2023, indicating a stable financial base.
Filing History
IRS 990 filing history for The Toy Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The Toy Foundation Inc's revenue has grown by 23.5%, moving from $5.6M to $6.9M. Total assets increased by 166.9% over the same period, from $1.2M to $3.3M. Total functional expenses rose by 38.3%, from $5.5M to $7.6M. In its most recent filing year (2023), The Toy Foundation Inc reported a deficit of $667K, with expenses exceeding revenue. The organization holds $550K in liabilities against $3.3M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $7.6M | $3.3M | $550K | — | — |
| 2022 | $11.7M | $12.2M | $3.3M | $128K | — | View 990 |
| 2021 | $3.4M | $4.1M | $4.2M | $130K | — | View 990 |
| 2020 | $48.8M | $48.5M | $4.9M | $135K | — | View 990 |
| 2019 | $13.7M | $13.2M | $4.6M | $348K | — | View 990 |
| 2018 | $24.1M | $22.8M | $3.9M | $482K | — | View 990 |
| 2017 | $16.1M | $15.7M | $3.0M | $506K | — | View 990 |
| 2016 | $48.7M | $48.4M | $2.4M | $325K | — | View 990 |
| 2015 | $12.6M | $12.4M | $2.0M | $230K | — | View 990 |
| 2014 | $19.9M | $19.7M | $2.6M | $1.1M | — | View 990 |
| 2013 | $19.3M | $19.3M | $1.4M | $94K | — | View 990 |
| 2012 | $16.6M | $16.5M | $1.6M | $278K | — | View 990 |
| 2011 | $7.0M | $6.8M | $1.4M | $176K | — | View 990 |
| 2010 | $5.6M | $5.5M | $1.2M | $171K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $7.6M, and assets of $3.3M (revenue -41.1% year-over-year).
- 2022: Revenue of $11.7M, expenses of $12.2M, and assets of $3.3M (revenue +246.6% year-over-year).
- 2021: Revenue of $3.4M, expenses of $4.1M, and assets of $4.2M (revenue -93.1% year-over-year).
- 2020: Revenue of $48.8M, expenses of $48.5M, and assets of $4.9M (revenue +255.9% year-over-year).
- 2019: Revenue of $13.7M, expenses of $13.2M, and assets of $4.6M (revenue -43.1% year-over-year).
- 2018: Revenue of $24.1M, expenses of $22.8M, and assets of $3.9M (revenue +49.7% year-over-year).
- 2017: Revenue of $16.1M, expenses of $15.7M, and assets of $3.0M (revenue -67.0% year-over-year).
- 2016: Revenue of $48.7M, expenses of $48.4M, and assets of $2.4M (revenue +286.5% year-over-year).
- 2015: Revenue of $12.6M, expenses of $12.4M, and assets of $2.0M (revenue -36.5% year-over-year).
- 2014: Revenue of $19.9M, expenses of $19.7M, and assets of $2.6M (revenue +2.7% year-over-year).
- 2013: Revenue of $19.3M, expenses of $19.3M, and assets of $1.4M (revenue +16.6% year-over-year).
- 2012: Revenue of $16.6M, expenses of $16.5M, and assets of $1.6M (revenue +136.4% year-over-year).
- 2011: Revenue of $7.0M, expenses of $6.8M, and assets of $1.4M (revenue +25.0% year-over-year).
- 2010: Revenue of $5.6M, expenses of $5.5M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Toy Foundation Inc:
Data Sources and Methodology
This transparency report for The Toy Foundation 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.