Toys For Texans is located in Allen, TX. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Toys For Texans 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 06/2024, Toys For Texans generated $521.4k in total revenue. All expenses for the organization totaled $426.2k during the year ending 06/2024. While expenses have increased by 140.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TOYS FOR TEXAN'S PURPOSE IS TO PROVIDE TOYS AND BOOKS TO UNDERPRIVILEGED CHILDREN ACROSS THE STATE. IN ADDITION, WE STRIVE TO IMPROVE THEIR LIVES. WE DO THIS BY BUILDING LITTLE LIBRARIES, PREPARING GIFT BUNDLES DURING CHRISTMAS, AND RUNNING PROGRAMS THAT PROVIDE STRUGGLING FAMILIES WITH NESSCESITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTMAS PROGRAM - PROVIDED AID TO OVER 5000 CHILDREN. THIS INCLUDED TOYS AND BOOKS. VOLUNTEERS SORTED, WRAPPED, AND DISTRIBUTED GIFTS TO CHILDREN WHO NEEDED THEM. THESE GIFTS PLAY A VITAL ROLE IN THEIR CHILDHOOD AND ASSISTED THEM WITH THEIR DEVELOPMENT.
LITTLE LIBRARY PROGRAM - PLACED 30 LITTLE LIBRARIES ACROSS UNDERPRIVILEGED COMMUNITIES, EACH WITH 200 BOOKS. THESE BOOKS PROVIDE EDUCATIONAL OPPORTUNITIES TO THE CHILDREN IN THESE COMMUNITIES. THIS PROGRAM WILL IMPACT OVER 30,000 PEOPLE IN THE 15-30 YEARS THAT THE LIBRARIES OPERATE. THIS YEAR ALL EXPENSES PERTAINS TO THE MAINTENANCE AND OPERATION OF THESE LIBRARIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carson Sheffield President, Cfo, Chairman | Trustee | 14 | $0 |
Piyush Chintalwar CEO | Trustee | 10 | $0 |
Mitul Gouni COO | Trustee | 7 | $0 |
Samir Alam Cco | Trustee | 7 | $0 |
Marc D'jamoos Secretary | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $5,834 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $515,580 |
Noncash contributions included in lines 1a–1f | $490,873 |
Total Revenue from Contributions, Gifts, Grants & Similar | $521,414 |
Total Program Service Revenue | $0 |
Investment income | $34 |
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 | $521,448 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $260 |
Office expenses | $100 |
Information technology | $321 |
Royalties | $0 |
Occupancy | $6,821 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $242 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $408 |
All other expenses | $4,044 |
Total functional expenses | $426,223 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,166 |
Savings and temporary cash investments | $0 |
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 | $110,357 |
Prepaid expenses and deferred charges | $179 |
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 | $117,702 |
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 | $117,702 |
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 | $0 |
Total liabilities and net assets/fund balances | $117,702 |