Skip to main content

Nonprofit · EIN 20-3021444

MARINE TOYS FOR TOTS FOUNDATION

Tax-exempt · TRIANGLE, VA 22172

Financials

$359.2M$376.5M2023$506.1M$523.3M2024$432.3M$405.6M2025
Revenue Expenses · by fiscal year end
Financials of MARINE TOYS FOR TOTS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$432,326,962$405,633,766$26,693,196$246,276,175$9,631,370$236,644,805
December 31, 2024990$506,123,222$523,308,589-$17,185,367$202,864,281$4,407,680$198,456,601
December 31, 2023990$359,237,893$376,454,492-$17,216,599$215,321,979$6,241,552$209,080,427
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$426,024,103
Program service revenue
$0
Investment income
$6,086,100
Royalties
$7,027
Net income from fundraising events
-$57,663
Other revenue
$216,759

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,150,819
Other salaries and wages
$1,432,549
Salaries, compensation and benefits (total)
$4,139,647
Professional fundraising fees
$2,289,302
Occupancy
$999,659
Travel
$1,328,618
Depreciation
$161,209
Program services (functional)
$391,946,605
Management and general (functional)
$2,495,476
Fundraising (functional)
$11,191,685

Balance sheet and other

Total assets, start of year
$202,864,281
Total assets, end of year
$246,276,175
Total liabilities, end of year
$9,631,370
Net assets, end of year
$236,644,805
Land, buildings and equipment
$3,788,068
Publicly traded securities
$52,698,416
Net assets without donor restrictions
$234,759,538
Net assets with donor restrictions
$1,885,267
Gross receipts
$432,384,625
Employees
30
Volunteers
61,968
Year formed
2005
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JAMES B LASTERPRESIDENT & CEO
Trustee or director, Officer
50$433,081$51,345
THEODORE SILVESTERVICE PRESIDENT, M&D
Officer
50$274,798$36,994
MATTHEW D COOPERVP, OPERATIONS AND SECRETARY
Officer
50$275,516$35,278
KELLEY HARDISONDVP, M&D/HR DIRECTOR
Highest-paid employee
40$243,074$32,371
GUNNAR SPAFFORDDVP, BUS DEV
Highest-paid employee
40$187,026$21,897
MACKERL STUCKEYDVP, OPERATIONS
Highest-paid employee
40$178,680$19,687
MELANIE TURNERFINANCE DIRECTOR
Highest-paid employee
40$163,161$19,995
MATTHEW MCDONALDIT DIRECTOR
Highest-paid employee
40$153,953$23,687
DAVID G BELLONCHAIRMAN
Trustee or director, Officer
2$0$0
STEVEN C OHMSTEDEVICE CHAIRMAN
Trustee or director, Officer
2$0$0
ROBERT E MILSTEADDIRECTOR
Trustee or director
2$0$0
MARK A HAYDENDIRECTOR
Trustee or director
2$0$0
WALTER T DAVISDIRECTOR
Trustee or director
2$0$0
ALPHONSO TRIMBLEDIRECTOR
Trustee or director
2$0$0
DAVID J DOOLANDIRECTOR
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
ANNE MARTINDIRECTOR
Trustee or director
2$0
CRAIG C CRENSHAWDIRECTOR
Trustee or director
2$0
JOSHUA L GLOVERDIRECTOR
Trustee or director
2$0
TAMMY PEPPEDIRECTOR
Trustee or director
2$0
JESSICA VAN DOP DEJESUSDIRECTOR
Trustee or director
2$0
DAVID LAPANDIRECTOR
Trustee or director
2$0
SHERYL E MURRAYDIRECTOR (THRU JUNE 2025)
Trustee or director
2$0
990 for the year ended December 31, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
JAMES B LASTERPRESIDENT AND CEO
Trustee or director, Officer
50$413,403$50,744
THEODORE SILVESTERVICE PRESIDENT, M&D
Officer
50$255,570$33,906
MATTHEW D COOPERVICE PRESIDENT, OPERATIONS
Officer
50$255,916$32,564
KELLEY HARDISONDVP, M&D/HR DIRECTOR
Highest-paid employee
40$234,351$30,032
MACKERL STUCKEYDVP, OPERATIONS
Highest-paid employee
40$167,680$18,381
MATTHEW MCDONALDIT DIRECTOR
Highest-paid employee
40$147,124$34,689
GUNNAR SPAFFORDDVP, BUS DEV
Highest-paid employee
40$162,276$18,097
MELANIE TURNERFINANCE DIRECTOR
Highest-paid employee
40$157,264$18,636
ROBERT E MILSTEADCHAIRMAN
Trustee or director, Officer
2$0$0
MARK A HAYDENDIRECTOR
Trustee or director
2$0$0
WALTER T DAVISDIRECTOR
Trustee or director
2$0$0
STEVEN C OHMSTEDEDIRECTOR
Trustee or director
2$0$0
SHERYL E MURRAYDIRECTOR
Trustee or director
2$0$0
DAVID J DOOLANDIRECTOR
Trustee or director
2$0$0
JESSICA VAN DOP DEJESUSDIRECTOR
Trustee or director
2$0$0
ALPHONSO TRIMBLEDIRECTOR
Trustee or director
2$0$0
DAVID LAPANDIRECTOR
Trustee or director
2$0$0
ANNE MARTINDIRECTOR
Trustee or director
2$0$0
DAVID G BELLONDIRECTOR
Trustee or director
2$0$0
CRAIG C CRENSHAWDIRECTOR
Trustee or director
2$0$0
JOSHUA L GLOVERDIRECTOR
Trustee or director
2$0$0
TAMMY PEPPEDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
JAMES B LASTERPRESIDENT & CEO
Trustee or director, Officer
50$393,841$44,765
THEODORE SILVESTERVICE PRESIDENT, M&D
Officer
50$235,516$28,498
MATTHEW D COOPERSECRETARY/VICE PRESIDENT, OPERATIONS
Officer
50$235,276$28,460
KELLEY HARDISONDEPUTY VP, M&D
Highest-paid employee
40$207,446$24,491
MATTHEW MCDONALDIT DIRECTOR
Highest-paid employee
40$134,924$31,891
MELANIE TURNERFINANCE DIRECTOR
Highest-paid employee
40$127,095$13,120
MACKERL STUCKEYDEPUTY VP, OPERATIONS
Highest-paid employee
40$115,120$12,165
ROBERT E MILSTEADCHAIRMAN
Trustee or director, Officer
2$0$0
MARK A HAYDENTREASURER
Trustee or director, Officer
2$0$0
WALTER T DAVISDIRECTOR
Trustee or director
2$0$0
STEVEN C OHMSTEDEDIRECTOR
Trustee or director
2$0$0
EDWARD T GARDNER JRDIRECTOR
Trustee or director
2$0$0
VALERIE A JACKSONDIRECTOR
Trustee or director
2$0$0
SHERYL E MURRAYDIRECTOR
Trustee or director
2$0$0
DAVID J DOOLANDIRECTOR
Trustee or director
2$0$0
JESSICA VAN DOP DEJESUSDIRECTOR
Trustee or director
2$0$0
ALPHONSO TRIMBLEDIRECTOR
Trustee or director
2$0$0
DAVID LAPANDIRECTOR
Trustee or director
2$0$0
ANNE MARTINDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
18251 QUANTICO GATEWAY DR, TRIANGLE, VA 22172-1776
In care of
% HENERY P OSMAN
Mailing address (990-N for 2024)
8626 Mount Pleasant Road, Cosica PA 15829
Principal officer (990 for 2025)
JAMES B LASTER, 18251 QUANTICO GATEWAY DRIVE, TRIANGLE, VA 22172
Principal officer (990-N for 2024)
John Palmer, 8626 Mount Pleasant Road, Corsica PA 15829
Signed the 990
JAMES B LASTER, PRESIDENT & CEO
Phone
(703) 640-9433
Return prepared by
RSM US LLP

Mission

THE MISSION AND PURPOSE OF MARINE TOYS FOR TOTS FOUNDATION IS TO ASSIST THE U.S. MARINE CORPS IN PROVIDING A TANGIBLE SIGN OF HOPE TO ECONOMICALLY DISADVANTAGED CHILDREN AT CHRISTMAS. THIS ASSISTANCE INCLUDES SUPPORTING THE U.S. MARINE CORPS RESERVE TOYS FOR TOTS PROGRAM BY RAISING FUNDS TO PROVIDE TOYS TO SUPPLEMENT THE COLLECTIONS OF LOCAL TOYS FOR TOTS CAMPAIGNS; DEFRAY THE COSTS OF CONDUCTING THE ANNUAL TOYS FOR TOTS CAMPAIGN; MANAGE FUNDS RAISED AND MONIES DONATED BASED ON THE TOYS FOR TOTS NAME OR LOGO; PROVIDE ADMINISTRATIVE, ADVISORY, FINANCIAL, LOGISTIC AND PROMOTIONAL SUPPORT TO LOCAL TOYS FOR TOTS COORDINATORS; PROVIDE OTHER SUPPORT THE MARINE CORPS, AS A FEDERAL AGENCY, CANNOT PROVIDE; AND CONDUCT PUBLIC EDUCATION AND INFORMATION PROGRAMS ABOUT TOYS FOR TOTS THAT CALL THE GENERAL PUBLIC TO ACTION IN SUPPORT OF THIS PATRIOTIC COMMUNITY ACTION PROGRAM.

990 for the year ended December 31, 2025

Program accomplishments

  • THE MARINE TOYS FOR TOTS FOUNDATION PROVIDED THE LEADERSHIP, ADMINISTRATIVE, ADVISORY, FINANCIAL, LOGISTIC, AND PROMOTIONAL SUPPORT NEEDED FOR THE MARINE TOYS FOR TOTS PROGRAM TO COLLECT AND DISTRIBUTE NEARLY 24 MILLION TOYS TO OVER 10 MILLION ECONOMICALLY DISADVANTAGED CHILDREN.THE FOUNDATION WAS ABLE TO BRING THE JOY OF CHRISTMAS AND SEND A MESSAGE OF HOPE TO THESE 10 MILLION ECONOMICALLY DISADVANTAGED CHILDREN IN 870 COMMUNITIES COVERING ALL 50 STATES, THE DISTRICT OF COLUMBIA, PUERTO RICO, THE VIRGIN ISLANDS AND GUAM.
    Expenses $381,564,218
  • THE FOUNDATION CONDUCTED AN AGGRESSIVE PUBLIC INFORMATION AND EDUCATION PROGRAM TO ENCOURAGE AMERICANS TO GET INVOLVED IN THE MARINE CORPS PREMIER
    Expenses $6,088,928
  • THROUGH THE TOYS FOR TOTS LITERACY PROGRAM THE GIFT OF READING WAS BROUGHT TO LESS FORTUNATE CHILDREN ACROSS THE NATION. PURCHASED AND DONATED NEW BOOKS ALLOWED MARINES TO DISTRIBUTE BOOKS TO DISADVANTAGED CHILDREN AND TITLE 1 SCHOOLS.
    Expenses $4,293,459

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3021444
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$246,276,175
Income (IRS master file)
$432,384,625

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$432,326,962$405,633,766$246,276,175IRS
990-N for 2024
Officer: John Palmer
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2024$506,123,222$523,308,589$202,864,281XML
990December 2023$359,237,893$376,454,492$215,321,979XML
990December 2022$379,587,582$388,308,278$224,233,558IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2018
Officer: Phillip Parsons
December 31, 2018≤ $50,000 receipts––e-Postcard
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3021444).

Questions about MARINE TOYS FOR TOTS FOUNDATION

What is the EIN of MARINE TOYS FOR TOTS FOUNDATION?
The employer identification number (EIN) of MARINE TOYS FOR TOTS FOUNDATION is 20-3021444.
Is MARINE TOYS FOR TOTS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to MARINE TOYS FOR TOTS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARINE TOYS FOR TOTS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARINE TOYS FOR TOTS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARINE TOYS FOR TOTS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MARINE TOYS FOR TOTS FOUNDATION?
The 990 for the year ended December 31, 2025 names JAMES B LASTER.
Who are the officers and directors of MARINE TOYS FOR TOTS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 22 people; 8 received compensation from the organization, the highest $433,081 (JAMES B LASTER, PRESIDENT & CEO).
How much revenue does MARINE TOYS FOR TOTS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $432,326,962, expenses of $405,633,766 and total assets of $246,276,175 at year end.

Other nonprofits in TRIANGLE

All nonprofits in TRIANGLE · Virginia · Philanthropy, voluntarism and grantmaking foundations