Overview
What is Motor For Toys Charitable Foundation?
Motor For Toys Charitable Foundation is a nonprofit organization based in Thousand Oaks, California. Their primary mission is to collect toys for disadvantaged children by collaborating with the motor sport community. All monetary donations are utilized to purchase additional toys, which are then distributed through various authorized agencies and 501(c)3 organizations. Event expenses, primarily covering insurance, permits, and toy storage, make up a significant portion of their budget. The foundation's mission statement emphasizes selflessness and fun, with a focus on benefiting charitable programs in Los Angeles and Ventura counties. The organization's core function is to gather as many toys as possible for children in need, with no personal gain, ensuring a sense of enjoyment throughout the process.
Official website here: www.motor4toys.com
Is Motor For Toys Charitable Foundation legitimate?
Motor For Toys Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Motor For Toys Charitable Foundation 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
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Official website here: www.motor4toys.com
What is the mission statement of Motor For Toys Charitable Foundation?
The Motor For Toys Charitable Foundation, in collaboration with the motor sport community, aims to collect toys and funds to benefit disadvantaged children. Their mission, as stated, is to embark on this endeavor collectively, ensuring no personal gain, and with an element of enjoyment. Their charter also extends to supporting charitable programs in metropolitan areas, focusing on health and humanity needs. Toys are distributed through various authorized agencies and non-profit organizations.
Official website here: www.motor4toys.com
Who is the CEO of Motor For Toys Charitable Foundation?
K Doran is the Principal Officer of Motor For Toys Charitable Foundation.
Official website here: www.motor4toys.com
What is the revenue of Motor For Toys Charitable Foundation?
Motor For Toys Charitable Foundation's revenue in 2022 was $319,496.
Official website here: www.motor4toys.com
Who are the executives of Motor For Toys Charitable Foundation and what are their salaries?
There 58 volunteers at Motor For Toys Charitable Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.motor4toys.com
Where can I find the form 990 for Motor For Toys Charitable Foundation?
Motor For Toys Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.motor4toys.com
Learn more at the official website: www.motor4toys.com
Mission Statement of Motor For Toys Charitable Foundation
The Motor For Toys Charitable Foundation, with the assistance of the motor sport community, embarks on a mission to collect toys and funds. Their primary objective is to amass as many toys as possible for disadvantaged children. This is accomplished through partnerships with various authorized assistance agencies and 501(c)3 organizations. The foundation's mission is driven by a charter that encourages unity, fun, and altruism, with no personal gain or profit involved. Their endeavors also extend to supporting charitable programs in the metropolitan areas of Los Angeles and Ventura counties, addressing health and humanity needs. The foundation's mission statement, in essence, is to leverage the motor sport community's resources and enthusiasm to bring joy and support to children in need.
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Impact
October, 2024
The Motor For Toys Charitable Foundation thrives on the collaboration of the motor sport community to bring joy to disadvantaged children through the collection of toys and funds. By partnering with various organizations, including the Los Angeles Police Foundations, Fire Departments, Spark of Love, and others, they ensure that toys reach those in need.
The foundation serves as a central hub for toy collection, effectively maximizing its impact by combining both physically collected toys and monetary donations that are used to purchase additional toys. This ensures a larger volume of gifts can be distributed to children who may otherwise go without during the holiday season. The event creates an engaging experience that brings the community together, fostering a spirit of generosity while maintaining a commitment to transparency and accountability—ensuring that all contributions are directed towards purchasing toys.
Overall, the foundation not only brings smiles to countless children but also enhances community bonds, showcases the goodwill of the motor sport community, and addresses broader charitable needs in the Los Angeles and Ventura areas. Through its efforts, it nurtures the ideals of health and humanity, resulting in a significant positive impact on the lives of many.
This information is meant to be a general summary of Motor For Toys Charitable Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $243
- Gross Receipts: $319,496
Assets and Liabilities:
- Total Assets: $96,540
- Total Liabilities: $0
- Net Assets: $96,540
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Organization Details
Founding Year
2005
Phone
(805) 443-5363Principal Officer
K Doran
Main Address
1336 N Moorpark Rd 207, Thousand Oaks, CA, 91360
Website
www.motor4toys.comNTEE Category
Code: P58 - Human services
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