MOTOR FOR TOYS CHARITABLE FOUNDATION

EIN: 470960486 501(c)(3) Human Services

Thousand Oaks, CA

Total Revenue
$771,954
Total Expenses
$778,254
Total Assets
$93,058
Net Assets
$93,058
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CA
Principal Officer
Dustin Troyan
Phone
8054435363
Tax Period
2023-09-01 to 2024-08-31

MOTOR FOR TOYS CHARITABLE FOUNDATION, founded in 2005, is a small nonprofit in the Human Services sector that reported $772K in total revenue in fiscal year 2023. Revenue surged 115% from the prior year, signaling strong growth momentum.

Mission

Mission Statement: "To boldly go, in the company of the motor sport community, and gather as many toys for as many children as possible. All this shall be done without personal gain, absolutely no one making any money and with a great measure of fun." Our charter also includes benefit to charitable programs in the metropolitan areas of Los Angeles, and Ventura counties and their neighbors and includes health and humanity needs.

Program Service Accomplishments

Program 1
Expenses: $769,725 Revenue: $111,959

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...

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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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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 (2023)

Revenue Breakdown

Contributions & Grants $771,954
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $771,954

Expense Breakdown

Grants Paid $747,020
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $769,725
Other Expenses $31,234
TOTAL EXPENSES $778,254

Year-over-Year Comparison

2023 2022 Change
Revenue $771,954 $359,073 +1.1%
Expenses $778,254 $356,255 +1.2%
Net Income $-6,300 $2,818 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
53

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dustin Troyan President hours avg Aug thru Jan 15
Officer
$0 $0 $0
Kathleen Doran CEM/CFO hours avg Aug thru Jan 15
Officer
$0 $0 $0
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 No data No data No data No data
2024 $771,954 $778,254 $93,058 $-6,300
2023 $359,073 $356,255 $99,358 $2,818
2023 $359,073 $356,255 $99,358 $2,818
2022 $319,496 $264,384 $96,540 $55,112
2021 $305,196 $292,972 $41,428 $12,224
2020 $502,561 $491,846 $29,204 $10,715
2019 $732,159 $760,975 $18,489 $-28,816
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