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Toys For Kids Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260221472 ✦ Palm bay, FL ✦ Designated as a 501(c)(3)

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Overview

What is Toys For Kids Inc?

Toys For Kids Inc, established in Palm Bay, Florida, is a compassionate nonprofit organization dedicated to supporting underprivileged children in Brevard County. Their primary mission involves providing toys and gifts, contributing to the joy and happiness of around 3000 children annually. Their efforts extend beyond mere donations, as they collaborate with various local non-profit organizations whose primary purpose is to aid children in need. This collaborative approach ensures that their resources reach a wider range of children who could benefit from their generosity.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Toys For Kids Inc has achieved a high rating of 94%, reflecting a strong commitment to accountability and financial management. The organization boasts a program expense ratio of 90.57%, indicating that a significant portion of its funds is directed towards its charitable programs. Additionally, the organization maintains a majority of independent board members, which is a positive sign for governance.

The charity also has well-established policies in place, including conflict of interest, whistleblower, and document retention policies. There have been no material diversions of assets reported, and the organization shows a commendable liabilities to assets ratio of 0.00%, suggesting robust financial health.

Overall, Toys For Kids Inc demonstrates effective management and transparency, making it a reliable choice for donors looking to support a charity focused on providing toys to children in need.


This AI summary has been generated from information found on Charity Navigator.

Is Toys For Kids Inc legitimate?

Toys For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toys For Kids Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Toys For Kids Inc?

Toys For Kids Inc, as an organization, is dedicated to providing toys and gifts to underprivileged children. Their mission is centered around supporting children in need, distributing toys and funds to non-profit organizations that share this same purpose. This year, they managed to provide toys to approximately 3000 children in their community. Their primary goal is to bring joy and support to children who may not otherwise have access to such resources.

Who is the CEO of Toys For Kids Inc?

Timothy Vickery is the President of Toys For Kids Inc.

What is the revenue of Toys For Kids Inc?

Toys For Kids Inc's revenue in 2022 was $159,576.

Who are the executives of Toys For Kids Inc and what are their salaries?

There 400 volunteers at Toys For Kids Inc.


Here are 8 key members and their salaries:


Timothy Vickery (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Hutchinson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Conroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Catron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hutchinson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hewatt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Controy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Santiago (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Toys For Kids Inc?

Toys For Kids Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Toys For Kids Inc

Toys For Kids Inc, a non-profit organization, is dedicated to bringing joy and delight to underprivileged children in Brevard County, Florida. Their primary mission is to provide toys and gifts to these children, aiming to alleviate their hardships and bring a sense of normalcy into their lives. The organization achieves this mission by donating toys and funds to local non-profit organizations that focus on helping children in need. In the recent year, Toys For Kids Inc managed to distribute toys to approximately 3000 children, bringing a smile to their faces and spreading warmth in their lives.

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Impact




October, 2024

Toys For Kids Inc significantly impacts the lives of underprivileged children in Brevard County, Florida, by providing toys and gifts to those in need. This initiative has reached approximately 3,000 children this year alone, bringing joy and hope to families facing financial hardships. By collaborating with local nonprofit organizations, Toys For Kids Inc ensures that their contributions are directed toward enhancing the well-being of children in the community. The mission to distribute toys not only brings smiles but also fosters a spirit of generosity and support among residents. Overall, Toys For Kids Inc plays a vital role in uplifting the lives of children, making a tangible difference during critical times, particularly during the holiday season.




This information is meant to be a general summary of Toys For Kids Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$159,576 (2022)
Expenses
$107,842 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $813
  • Gross Receipts: $289,511

Assets and Liabilities:

  • Total Assets: $257,037
  • Total Liabilities: $0
  • Net Assets: $257,037

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Organization Details

Founding Year

2007

Principal Officer

Timothy Vickery

Main Address

1871 PLANTATION CIRCLE SE, PALM BAY, FL, 32909

NTEE Category

Code: T12 - Philanthropy

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