MARINE TOYS FOR TOTS FOUNDATION

EIN: 203021444 501(c)(3) Philanthropy & Grantmaking

TRIANGLE, VA

Total Revenue
$432,326,962
Total Expenses
$405,633,766
Total Assets
$246,276,175
Net Assets
$236,644,805
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
JAMES B LASTER
Phone
7036409433
Tax Period
2025-01-01 to 2025-12-31

MARINE TOYS FOR TOTS FOUNDATION, founded in 2005, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $432.3M in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $405.6M left a modest 6% surplus.

Mission

THE MISSION AND PURPOSE OF MARINE TOYS FOR TOTS FOUNDATION IS TO ASSIST THE U.S. MARINE CORPS IN PROVIDING A TANGIBLE SIGN OF HOPE TO ECONOMICALLY DISADVANTAGED CHILDREN AT CHRISTMAS. THIS ASSISTANCE INCLUDES SUPPORTING THE U.S. MARINE CORPS RESERVE TOYS FOR TOTS PROGRAM BY RAISING FUNDS TO PROVIDE TOYS TO SUPPLEMENT THE COLLECTIONS OF LOCAL TOYS FOR TOTS CAMPAIGNS; DEFRAY THE COSTS OF CONDUCTING THE ANNUAL TOYS FOR TOTS CAMPAIGN; MANAGE FUNDS RAISED AND MONIES DONATED BASED ON THE TOYS FOR TOTS NAME OR LOGO; PROVIDE ADMINISTRATIVE, ADVISORY, FINANCIAL, LOGISTIC AND PROMOTIONAL SUPPORT TO LOCAL TOYS FOR TOTS COORDINATORS; PROVIDE OTHER SUPPORT THE MARINE CORPS, AS A FEDERAL AGENCY, CANNOT PROVIDE; AND CONDUCT PUBLIC EDUCATION AND INFORMATION PROGRAMS ABOUT TOYS FOR TOTS THAT CALL THE GENERAL PUBLIC TO ACTION IN SUPPORT OF THIS PATRIOTIC COMMUNITY ACTION PROGRAM.

Program Service Accomplishments

Program 1
Expenses: $381,564,218

THE MARINE TOYS FOR TOTS FOUNDATION PROVIDED THE LEADERSHIP, ADMINISTRATIVE, ADVISORY, FINANCIAL, LOGISTIC, AND PROMOTIONAL SUPPORT NEEDED FOR THE MARINE TOYS FOR TOTS PROGRAM TO COLLECT AND...

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THE MARINE TOYS FOR TOTS FOUNDATION PROVIDED THE LEADERSHIP, ADMINISTRATIVE, ADVISORY, FINANCIAL, LOGISTIC, AND PROMOTIONAL SUPPORT NEEDED FOR THE MARINE TOYS FOR TOTS PROGRAM TO COLLECT AND DISTRIBUTE NEARLY 24 MILLION TOYS TO OVER 10 MILLION ECONOMICALLY DISADVANTAGED CHILDREN.THE FOUNDATION WAS ABLE TO BRING THE JOY OF CHRISTMAS AND SEND A MESSAGE OF HOPE TO THESE 10 MILLION ECONOMICALLY DISADVANTAGED CHILDREN IN 870 COMMUNITIES COVERING ALL 50 STATES, THE DISTRICT OF COLUMBIA, PUERTO RICO, THE VIRGIN ISLANDS AND GUAM.

Program 2
Expenses: $6,088,928

THE FOUNDATION CONDUCTED AN AGGRESSIVE PUBLIC INFORMATION AND EDUCATION PROGRAM TO ENCOURAGE AMERICANS TO GET INVOLVED IN THE MARINE CORPS PREMIER

Program 3
Expenses: $4,293,459

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $426,024,103
Program Service Revenue $0
Investment Income $6,086,100
Other Revenue $216,759
TOTAL REVENUE $432,326,962

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,139,647
Fundraising Expenses $11,191,685
Program Expenses $391,946,605
Other Expenses $399,204,817
TOTAL EXPENSES $405,633,766

Year-over-Year Comparison

2025 2024 Change
Revenue $432,326,962 $506,123,222 -0.1%
Expenses $405,633,766 $523,308,589 -0.2%
Net Income $26,693,196 $-17,185,367 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
30
Volunteers
61968

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,107,012
Total Directors
15
$484,426
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES B LASTER PRESIDENT & CEO 50.00
Officer Director
$433,081 $51,345 $484,426
DAVID G BELLON CHAIRMAN 2.00
Officer Director
$0 $0 $0
STEVEN C OHMSTEDE VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
ROBERT E MILSTEAD DIRECTOR 2.00
Director
$0 $0 $0
MARK A HAYDEN DIRECTOR 2.00
Director
$0 $0 $0
WALTER T DAVIS DIRECTOR 2.00
Director
$0 $0 $0
ALPHONSO TRIMBLE DIRECTOR 2.00
Director
$0 $0 $0
DAVID J DOOLAN DIRECTOR 2.00
Director
$0 $0 $0
ANNE MARTIN DIRECTOR 2.00
Director
$0 $0 $0
CRAIG C CRENSHAW DIRECTOR 2.00
Director
$0 $0 $0
JOSHUA L GLOVER DIRECTOR 2.00
Director
$0 $0 $0
TAMMY PEPPE DIRECTOR 2.00
Director
$0 $0 $0
JESSICA VAN DOP DEJESUS DIRECTOR 2.00
Director
$0 $0 $0
DAVID LAPAN DIRECTOR 2.00
Director
$0 $0 $0
SHERYL E MURRAY DIRECTOR (THRU JUNE 2025) 2.00
Director
$0 $0 $0
THEODORE SILVESTER VICE PRESIDENT, M&D 50.00
Officer
$274,798 $36,994 $311,792
MATTHEW D COOPER VP, OPERATIONS AND SECRETARY 50.00
Officer
$275,516 $35,278 $310,794
KELLEY HARDISON DVP, M&D/HR DIRECTOR 40.00
Highest
$243,074 $32,371 $275,445
GUNNAR SPAFFORD DVP, BUS DEV 40.00
Highest
$187,026 $21,897 $208,923
MACKERL STUCKEY DVP, OPERATIONS 40.00
Highest
$178,680 $19,687 $198,367
MELANIE TURNER FINANCE DIRECTOR 40.00
Highest
$163,161 $19,995 $183,156
MATTHEW MCDONALD IT DIRECTOR 40.00
Highest
$153,953 $23,687 $177,640
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $432,326,962 $405,633,766 $246,276,175 $26,693,196
2024 $506,123,222 $523,308,589 $202,864,281 $-17,185,367
2023 $359,237,893 $376,454,492 $215,321,979 $-17,216,599
2022 $379,587,582 $388,308,278 $224,233,558 $-8,720,696
2021 $357,083,854 $338,600,503 $253,941,097 $18,483,351
2020 $298,290,471 $256,472,523 $226,371,842 $41,817,948
2019 $263,327,328 $239,537,462 $187,401,589 $23,789,866
2018 $276,639,200 $270,863,713 $155,953,139 $5,775,487
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