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Nonprofiteer
← WORLD SHOE FUND INC

Form 990 for tax year 2024

Filed by WORLD SHOE FUND INC.

Totals

Total revenue
$1,130,500
Total expenses
$654,669
Contributions and grants received
$7,100,500
Grants paid
$47,755
Program service revenue
$0
Investment income
$0
Other revenue
-$5,970,000
Total assets, end of year
$814,185
Total liabilities, end of year
$187,224
Net assets or fund balances, end of year
$626,961
Program services expenses (Part IX)
$394,138
Management and general expenses
$116,169
Fundraising expenses
$144,362
Program service expenses (Part III)
$394,138

Program services were 60.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $7,100,500

  • 10b · Cost of goods sold

    $5,970,000

  • 10c · Net income from sales of inventory

    total -$5,970,000 · related or exempt -$5,970,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $47,755 · program services $47,755

  • 5 · Compensation of officers, directors and key employees

    total $150,000 · program services $105,000 · fundraising $45,000

  • 7 · Other salaries and wages

    total $189,246 · program services $132,472 · fundraising $56,774

  • 10 · Payroll taxes

    total $25,953 · program services $18,167 · fundraising $7,786

  • 11b · Fees: legal

    total $116,169 · management and general $116,169

  • 11g · Fees: other

    total $4,385 · program services $4,385

  • 12 · Advertising and promotion

    total $6,846 · program services $6,846

  • 13 · Office expenses

    total $10,122 · program services $10,122

  • 14 · Information technology

    total $12,277 · program services $12,277

  • 17 · Travel

    total $69,604 · program services $34,802 · fundraising $34,802

  • 19 · Conferences, conventions and meetings

    total $21,250 · program services $21,250

  • 23 · Insurance

    total $1,062 · program services $1,062

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $156,917 · end of year $575,565

  • 8 · Inventories for sale or use

    end of year $238,620

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,687 · end of year $158,064

  • 25 · Other liabilities

    end of year $29,160

  • 27 · Net assets without donor restrictions

    beginning of year $151,230 · end of year $626,961

Mission and programs · 2024

Mission

THE WORLD SHOE FUND, INC. MISSIONS IS TO PROVIDE 20,000,000 PAIRS OF SHOES FOR NEEDY CHILDREN, AND HELP CREATE OPPORTUNITIES FOR ESTABLISHING DISEASE FIGHTING HEALTHCARE SERVICES IN MORE THAN 20 AFRICAN COUNTRIES.

  • THE WORLD SHOE FUND, INC. MISSIONS IS TO PROVIDED PAIRS OF SHOES FOR NEEDY CHILDREN, AND HELP CREATE OPPORTUNITIES FOR ESTABLISHING DISEASE FIGHTING HEALTHCARE SERVICES IN MORE THAN 20 AFRICAN COUNTRIES.

    Expenses $394,138 · Grants $47,755

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Courtney Cash

    PRESIDENT

    Total calculated
    $150,000
    From this org
    $150,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jennifer Bath

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dan Blue

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ski Chilton

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    2

  • Wes Cruickshank

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Sharon Howard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
23 May 2025
IRS schema version
2024v5.0
Source object
202531439349300123

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