The Toy Foundation
Legal name: The Toy Foundation Inc
Nonprofit profile at a glance
- EIN
- 136161457
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 212.675.1141
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $35,929,576
- Expenses
- $36,371,041
- Assets
- $3,972,887
- Liabilities
- $1,557,590
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- PAMELA MASTROTA (EXECUTIVE DIRECTOR)
Highest reported compensation
- PAMELA MASTROTA (EXECUTIVE DIRECTOR): $376,254 total reported compensation
- JOHN FISTOLERA (DIR, DEVELOPMENT): $198,996 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be the uniting force for the collective philanthropy of the toy industry to benefit all children in need.
What it reported doing in 2024
The toy foundation created the children's hospital play grants program to bring the healing power of play to children in hospital settings, especially those in underserved communities.undergoing complicated medical procedures, facing life-threatening illnesses and injuries, and feeling isolated and helpless are common experiences for children and their families in healthcare settings. Access to play can help relieve this stress, create ease, and have an overall positive impact on children's relationships and well-being.the children's hospital play grants program distributes grants to children's hospitals throughout the united states to enable them to create stimulating and calming sensory experiences; offer in-room technology to broadcast play activities; upgrade waiting areas; assemble therapeutic play kits; and more.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 98.2%; rating input score 98
- Fundraising efficiency: $400.28 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 39th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.2%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 1.6%; rating input score 80; 80th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 11th percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 13th percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 48th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 99.6% of revenue deployed · 98.2% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
- Programs: 5 filed program accomplishments · $35.7M in reported program spending
- Leadership: top reported pay $376K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $317K reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 31 filed money-flow records
- Related organizations: 28 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.