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Toy Lift Charities

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

EIN: 464126443 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Toy Lift Charities?

Toy Lift Charities is a nonprofit organization situated in Charlottesville, Virginia. Their primary mission is to uplift local families during the holiday season. They achieve this by organizing community events, encouraging volunteerism, fostering community cooperation, and promoting morale-building activities. The heart of their work involves providing toys, bicycles, and books to thousands of children in the Charlottesville/Albemarle area, making the holiday season more joyful for them. By doing so, Toy Lift Charities contributes to educational development and overall well-being of the children.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star rating)

Toy Lift Charities has received a commendable score of 87%, indicating strong performance in accountability and finance. This score is derived entirely from their accountability metrics, showcasing a solid commitment to financial responsibility. The organization demonstrates best practices, such as a fully independent board and effective management of its assets, which are critical for earning trust from donors and stakeholders.

The charity's strengths are highlighted by its high program expense ratio of 98.02%, suggesting that the majority of its funds are directed toward its mission rather than administrative costs. Additionally, the presence of a whistleblower policy and proper documentation practices further enhances its credibility and operational effectiveness. The organization has also maintained a perfect score in areas such as material diversion of assets and liabilities to assets ratio, indicating prudent financial management.

However, while the financial aspects are strong, the overall rating is based solely on accountability and finance, meaning that further information on programmatic impact and effectiveness would provide a more comprehensive insight into the charity's overall performance. Nonetheless, Toy Lift Charities appears to be a reliable organization with a solid foundation in governance and financial health.


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

Is Toy Lift Charities legitimate?

Toy Lift Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toy Lift Charities 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 Toy Lift Charities?

Toy Lift Charities aims to support local families during the Christmas season, primarily through volunteerism, community cooperation, morale building, and the provision of educational tools. Their mission is to provide toys and books to area children, enhancing their holiday celebrations. This is achieved through the organization and administration of community events, with a significant impact seen in the 2021 holiday season, benefiting over 3700 children in the Charlottesville/Albemarle area with toys, bikes, games, and books.

Who is the CEO of Toy Lift Charities?

Tom Powell is the Founder of Toy Lift Charities.

What is the revenue of Toy Lift Charities?

Toy Lift Charities's revenue in 2022 was $106,132.

Who are the executives of Toy Lift Charities and what are their salaries?

There 200 volunteers at Toy Lift Charities.


Here are 7 key members and their salaries:


Tom Powell (Founder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Fafara (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Payne (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Hall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Franco (Director Of Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Grimes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Martin (Director Of Community Outreach)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Toy Lift Charities?

Toy Lift Charities's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Toy Lift Charities

Toy Lift Charities is an organization dedicated to supporting local families during the Christmas season. Their mission is accomplished through various means, including volunteerism, community cooperation, morale building, and the provision of educational tools. The primary goal of Toy Lift Charities is to provide toys and books to children in the area, bringing joy and happiness to families during the holiday season. The organization achieves this by organizing and administering community events, ensuring that nearly 3,700 children from the Charlottesville/Albemarle area received toys, bikes, games, and books during the 2021 holiday season.

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Impact




October, 2024

Toy Lift Charities significantly enhances the holiday season for local families by providing toys, bikes, games, and books to children in the Charlottesville and Albemarle area. In the 2021 holiday season alone, nearly 3,700 children benefited from these gifts, which not only bring joy but also create a sense of community through volunteerism and collaboration. The organization's efforts foster morale and contribute to educational enrichment, reinforcing the importance of community support during festive times. By organizing community lift events, Toy Lift Charities not only addresses immediate needs but also builds lasting connections among local residents, ultimately strengthening the fabric of the community.




This information is meant to be a general summary of Toy Lift Charities. 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
$106,132 (2022)
Expenses
$74,749 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $106,132

Assets and Liabilities:

  • Total Assets: $187,100
  • Total Liabilities: $0
  • Net Assets: $187,100

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Organization Details

Founding Year

2013

Principal Officer

Tom Powell

Main Address

PO BOX 6762, Charlottesville, VA, 22906

NTEE Category

Code: P58 - Human services

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