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Ratings & Metrics
Joint Costs
Marine Toys for Tots Foundation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 85% | $12 |
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Marine Toys for Tots Foundation | IRS Form 990 | 20-3021444 |
| Marine Toys for Tots Foundation | Audited Financial Statements | 20-3021444 |
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Entity: Marine Toys for Tots Foundation Document Type: IRS Form 990 Tax ID: 20-3021444 |
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Entity: Marine Toys for Tots Foundation Document Type: Audited Financial Statements Tax ID: 20-3021444 |
Governance & Transparency
CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | H.P. Osman | President/CEO | $314,585 |
| 2 | Brian A. Murray | VP, Operations | $191,361 |
| 3 | Theodore Silvester, III | VP, Marketing & Development | $184,306 |
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1 Name: H.P. Osman Title: President/CEO Compensation: $314,585 |
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2 Name: Brian A. Murray Title: VP, Operations Compensation: $191,361 |
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3 Name: Theodore Silvester, III Title: VP, Marketing & Development Compensation: $184,306 |
Analysts' Notes
CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
| According to the Marine Toys for Tots Foundation audit of December 31, 2017 (Statements of Activities): Toys for Tots received donated toys in 2017 on which it placed a value of approximately $209.3 million. Toys for Tots also received donated services on which it placed a value of approximately $8.9 million, resulting in total in-kind donated toys & services valued at approximately $218.2 million in 2017. [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
| According to the Marine Toys for Tots Foundation 2017 tax filing, Toys for Tots reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7): "Officer's bonuses are approved by the board of directors and are based on factors such as programmatic criteria, as well as comparative salary data." Toys for Tots reports "Bonus & incentive compensation" payments in the following amounts to three individuals in 2017 (IRS Form 990, Schedule J, Part II): (1) H.P. Osman, President & CEO: $68,500, with reported total compensation of $314,585; (2) Theodore Silvester, III, Vice President, M&D: $28,600, with reported total compensation of $184,306; (3) Brian A. Murray, Secretary & Vice President, Ops: $32,700, with reported total compensation of $191,361. |