Motor For Toys Charitable Foundation
- Assets
- $41.4k
- Revenue
- $305.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Thousand Oaks, CA
- Founding
- 12/2006
- Data as of
- 08/2021
- EIN
- 47-0960486
Organization Overview
Motor For Toys Charitable Foundation, operating under the name Motor4Toys, is located in Thousand Oaks, CA. The organization was established in 2006. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motor4Toys is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Motor4Toys generated $305.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $293.0k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Motor4Toys has awarded 64 individual grants totaling $1,388,310. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WITH THE MOTOR SPORT COMMUNITY, WE COLLECT TOYS & FUNDS TO PURCHASE EVEN MORE TOYS FOR DISADVANTAGED CHILDREN. TOYS ARE DISTRIBUTED THROUGH THE LOS ANGELES POLICE FOUNDATIONS, FIRE DEPARTMENTS, SPARK OF LOVE, PACIFIC BOYS LODGE, BOYS TOWN, RESCUE MISSIONS & VARIOUS OTHER AUTHORIZED ASSISTANCE AGENCIES & 501(C)3S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR CORE FUNCTION IS PROVIDING A VENUE FOR THE COLLECTION OF TOYS FOR DISADVANTAGED CHILDREN. ALL MONETARY DONATIONS ARE USED TO PURCHASE TOYS WITH ARE THEN ADDED TO THOSE COLLECTED AT THE SOLICITATION EVENT AND FORWARDED TO OTHER ARE USED TO PURCHASE TOYS WITH ARE THEN ADDED TO THOSE COLLECTED AT THE SOLICITATION EVENT AND FORWARDED TO OTHER 501(C)3 ORGANIZATIONS FOR VETTING AND DISTRIBUTION. ANY EXPENSE IS DIRECTLY RELATED TO THIS EFFORT. EVENT EXPENSES CONSIST MAINLY OF INSURANCE POLICIES, PERMITS, RENTALS, BOXES FOR TOYS, AND ANY USED FOR MINOR DONATION GIFTS (T-SHIRTS, DONUTS, SODAS.) A LARGE PORTION OF THE EVENT EXPENSE GOES TO INSURANCE AND PORTA-POTTIES. GRANTS LISTED HERE ARE NON-CASH, ALL TOYS, AND ARE SHOWN IN SCHEDULE M. AS THIS IS OUR CORE FUNCTION, ALL REVENUE LISTED ALSO INCLUDES THOSE CONTRIBUTIONS MADE FOR THE PURPOSE OF EVENT FUNCTION SUPPORT BUT NOT NEEDED FOR THAT EVENT YEAR WHICH ARE COMBINED WITH ALL OTHER FUNDS AND USED TO PURCHASE MORE TOYS. REMAINDER COVERED BACKGROUND OR SUSTAINING COSTS WITH A CASH CORE HELD IN RESERVE TOWARDS THE NEXT YEAR'S EVENT. AS THIS IS THE SOLE EVENT FOR THE SOLE PURPOSE, DONATIONS MADE OUTSIDE OF THE EVENT ARE WHAT WE USE FOR OPERATIONAL EXPENSES EVEN THOUGH IT COULD ALL BE CONSIDERED ONE SINGLE FUNCTION. WE PREFER THAT THE SUBSISTENCE COSTS ARE REVIEWABLE AS AN IDENTIFIABLE ELEMENT WITHIN THE OPERATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Doran Cem/cfo Hours Avg Aug Thru Jan | Officer | 20 | $0 |
Dustin Troyan President Hours Avg Aug Thru Jan | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $295,112 |
| Noncash contributions included in lines 1a–1f | $287,065 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,112 |
| Total Program Service Revenue | $0 |
| Investment income | $84 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $305,196 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $287,065 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,313 |
| Information technology | $883 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $711 |
| Total functional expenses | $292,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,684 |
| Savings and temporary cash investments | $37,744 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,428 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $41,428 |
| Total liabilities and net assets/fund balances | $41,428 |
Grants Awarded
Over the last fiscal year, Motor For Toys Charitable Foundation has awarded $241,580 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Canoga Park, CA PURPOSE: Gift distribution | $154,300 |
CONEJO VALLY UNIFIED SCHOOL DISTRICTCVUSD PURPOSE: Gift distribution | $21,000 |
Los Angeles, CA PURPOSE: Gift distribution | $17,380 |
Los Angeles, CA PURPOSE: Gift distribution | $12,910 |
Van Nuys, CA PURPOSE: Gift distribution | $12,480 |
SPARK OF LOVELOS ANGELES COUNTY FIRE DEPARTMENT FOUNDATION PURPOSE: Gift distribution | $8,940 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Motor For Toys Charitable Foundation has recieved totaling $30,052.
| Awarding Organization | Amount |
|---|---|
Supo Foundation Glendale, CA PURPOSE: UNRESTRICTED DONATION | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Make-A-Wish Foundation International Phoenix, AZ | $4,646,772 | $4,960,773 |
Child Foundation Portland, OR | $3,085,919 | $4,763,775 |
Stack Up Sylmar, CA | $426,740 | $3,356,062 |
Rahima International Foundation San Jose, CA | $10,862,475 | $4,453,844 |
Santa Claus Incorporated Of Greater San Bernardino San Bernardino, CA | $2,370,443 | $1,971,081 |
Dress For Success Phoenix Phoenix, AZ | $1,065,433 | $956,258 |
Operation Care And Comfort Fairfield, CA | $933,986 | $1,257,583 |
Friends In Sonoma Helping Sonoma, CA | $1,974,816 | $1,389,287 |
The Good Tidings Foundation Burlingame, CA | $13,487,110 | $1,505,021 |
Global Helping To Advance Women & Children Gilbert, AZ | $977,959 | $889,787 |
A Bridge For Kids San Diego, CA | $343,502 | $321,466 |
Grateful Gatherings Oakland, CA | $436,206 | $525,815 |