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Nonprofiteer
← SOLES 4 SOULS

Form 990 for tax year 2023

Filed by SOLES 4 SOULS.

Totals

Total revenue
$126,156,578
Total expenses
$124,300,664
Contributions and grants received
$114,365,492
Grants paid
$25,724,025
Program service revenue
$11,669,183
Investment income
$29,643
Other revenue
$92,260
Total assets, end of year
$44,882,864
Total liabilities, end of year
$5,524,418
Net assets or fund balances, end of year
$39,358,446
Program services expenses (Part IX)
$117,792,046
Management and general expenses
$3,498,005
Fundraising expenses
$3,010,613
Program service expenses (Part III)
$117,792,046

Program services were 94.8% 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.

  • 1e · Government grants (contributions)

    $906,227

  • 1f · All other contributions, gifts and grants

    $113,459,265

  • 1g · Noncash contributions included above

    $106,836,129

  • 2a · Program service revenue: MICROENTERPRISE PROGRAM

    total $11,332,662 · related or exempt $11,332,662

  • 2b · Program service revenue: INTERNATIONAL VOLUNTEER TRAVEL FE

    total $258,441 · related or exempt $258,441

  • 2c · Program service revenue: PARTNER FREIGHT

    total $78,080 · related or exempt $78,080

  • 3 · Investment income

    total $29,643 · excluded $29,643

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $92,260 · related or exempt $92,260

  • 11e · Other revenue, total

    $92,260

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,416,334 · program services $20,416,334

  • 3 · Grants to foreign organizations and individuals

    total $5,307,691 · program services $5,307,691

  • 5 · Compensation of officers, directors and key employees

    total $1,614,117 · program services $570,128 · management and general $508,218 · fundraising $535,771

  • 7 · Other salaries and wages

    total $5,116,449 · program services $3,675,440 · management and general $859,405 · fundraising $581,604

  • 8 · Pension plan contributions

    total $175,138 · program services $118,515 · management and general $40,349 · fundraising $16,274

  • 9 · Other employee benefits

    total $773,889 · program services $456,494 · management and general $190,921 · fundraising $126,474

  • 10 · Payroll taxes

    total $410,088 · program services $235,755 · management and general $103,262 · fundraising $71,071

  • 11b · Fees: legal

    total $29,102 · program services $23,613 · management and general $5,489

  • 11c · Fees: accounting

    total $70,546 · program services $20,704 · management and general $49,842

  • 11e · Fees: professional fundraising services

    total $39,933 · fundraising $39,933

  • 11f · Fees: investment management

    total $6,125 · management and general $6,125

  • 11g · Fees: other

    total $379,351 · program services $32,575 · management and general $346,776

  • 12 · Advertising and promotion

    total $1,341,529 · program services $6,135 · fundraising $1,335,394

  • 13 · Office expenses

    total $707,185 · program services $615,245 · management and general $84,491 · fundraising $7,449

  • 14 · Information technology

    total $345,653 · program services $1,200 · management and general $304,332 · fundraising $40,121

  • 16 · Occupancy

    total $1,076,550 · program services $1,010,082 · management and general $66,294 · fundraising $174

  • 17 · Travel

    total $840,676 · program services $571,542 · management and general $124,565 · fundraising $144,569

  • 20 · Interest

    total $77,128 · program services $66,184 · management and general $10,944

  • 22 · Depreciation, depletion and amortization

    total $296,831 · program services $6,092 · management and general $290,739

  • 23 · Insurance

    total $194,180 · management and general $194,180

  • 24a · Other expenses: MICRO ENTERPRISE BUSINE

    total $83,278,990 · program services $83,278,990

  • 24b · Other expenses: DISTRIBUTION EXPENSES

    total $1,259,533 · program services $1,259,533

  • 24c · Other expenses: MISCELLANEOUS

    total $543,646 · program services $119,794 · management and general $312,073 · fundraising $111,779

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,543,640 · end of year $5,820,272

  • 2 · Savings and temporary cash investments

    beginning of year $1,032,097 · end of year $1,156,645

  • 3 · Pledges and grants receivable

    beginning of year $263,069 · end of year $784,005

  • 4 · Accounts receivable

    beginning of year $392,364 · end of year $1,179,783

  • 8 · Inventories for sale or use

    beginning of year $32,628,015 · end of year $31,419,333

  • 9 · Prepaid expenses and deferred charges

    beginning of year $144,529 · end of year $157,290

  • 10a · Land, buildings and equipment: cost or other basis

    $5,385,687

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,585,753

  • 10c · Land, buildings and equipment, net

    beginning of year $2,767,471 · end of year $2,799,934

  • 14 · Intangible assets

    beginning of year $40,802 · end of year $51,166

  • 15 · Other assets

    beginning of year $1,729,187 · end of year $1,514,436

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,363,878 · end of year $2,090,889

  • 19 · Deferred revenue

    beginning of year $555,793 · end of year $388,074

  • 23 · Secured mortgages and notes payable

    beginning of year $1,618,350 · end of year $1,502,359

  • 25 · Other liabilities

    beginning of year $1,734,242 · end of year $1,543,096

  • 27 · Net assets without donor restrictions

    beginning of year $18,953,133 · end of year $14,005,559

  • 28 · Net assets with donor restrictions

    beginning of year $18,315,778 · end of year $25,352,887

Mission and programs · 2023

Mission

SOLES4SOULS (S4S) IS A GLOBAL NOT-FOR-PROFIT INSTITUTION DEDICATED TO FIGHTING THE DEVASTATING IMPACT AND PERPETUATION OF POVERTY. S4S ADVANCES ITS MISSION BY COLLECTING NEW AND USED SHOES AND CLOTHES FROM CORPORATE PARTNERS, INDIVIDUALS, SCHOOLS, CHURCHES, AND CIVIC ORGANIZATIONS, THEN DISTRIBUTING THOSE SHOES AND CLOTHES VIA BOTH DIRECT DONATIONS TO PEOPLE IN NEED AND BY PLACING SHOES AND CLOTHING INTO QUALIFIED MICROENTERPRISE PROGRAMS DESIGNED TO CREATE JOBS IN POOR AND DISADVANTAGED COMMUNITIES.

Activities or mission (Part I)

TO CREATE SUSTAINABLE JOBS & PROVIDE RELIEF BY DISTRIBUTING SHOES & CLOTHING AROUND THE WORLD.

  • SOLES4SOULS FACILITATES THE DONATION AND COLLECTION OF NEW AND USED SHOES, NEW AND USED CLOTHING AND OTHER RELIEF ITEMS FROM FOOTWEAR, CLOTHING AND OTHER MANUFACTURERS, RETAILERS AND INDIVIDUALS. THESE ITEMS ARE DISTRIBUTED TO PEOPLE IN NEED LOCALLY, NATIONALLY AND INTERNATIONALLY THROUGH A NETWORK OF VOLUNTEER ORGANIZATIONS AND IN COOPERATION WITH OTHER CHARITABLE ORGANIZATIONS, REFERRED TO AS DISTRIBUTION PARTNERS, WHO WORK ON SOLES4SOULS' BEHALF TO DISTRIBUTE THESE ITEMS PROVIDING RELIEF TO INDIVIDUALS LIVING IN POVERTY OR AFFECTED BY NATURAL DISASTERS. THROUGH THIS EXTENSIVE NETWORK, SOLES4SOULS HAS DISTRIBUTED SHOES, CLOTHING AND OTHER RELIEF SUPPLIES TO PEOPLE IN MORE THAN 137 COUNTRIES. DURING FY24, IN OUR 4RELIEF PROGRAMS, S4S DISTRIBUTED 767,355 PAIRS OF SHOES, 707,937 PIECES OF CLOTHING AND 478,183 PIECES OF OTHER ESSENTIALS TO THOSE IN NEED AROUND THE WORLD. ADDITIONALLY, S4S, IN OUR 4OPPORTUNITY PROGRAMS, DISTRIBUTED 4,715,543 PAIRS OF SHOES, 3,449,986 PIECES OF CLOTHING AND 259,787 PIECES OF OTHER ESSENTIAL ITEMS PROVIDING OPPORTUNITIES FOR JOB AND INCOME CREATION AROUND THE WORLD.SOLES4SOULS PARTNERS WITH NON-GOVERNMENTAL ORGANIZATIONS ("NGOS") IN HAITI, HONDURAS, GUATEMALA AND MOLDOVA WHO RUN 4OPPORTUNITY OPERATIONS, AS WELL AS CONTRACTS WITH ESTABLISHED 4OPPORTUNITY PARTNERS TO DISTRIBUTE SHOES AND CLOTHING IN CENTRAL AMERICA, SOUTH AMERICA, AFRICA AND ASIA. OUR 4OPPORTUNITY PROGRAM IS DESIGNED TO PROVIDE IMPOVERISHED PEOPLE IN DEVELOPING NATIONS WITH THE RESOURCES TO START AND MAINTAIN THEIR OWN BUSINESSES.

    Expenses $89,993,865 · Revenue $11,503,002

  • DURING FY24, S4S CONTINUED ITS PARTNERSHIP WITH STREET BUSINESS SCHOOL. THROUGH THIS COLLABORATION, OUR PARTNERS TRAINED 97 ENTREPRENEURS IN THE DOMINICAN REPUBLIC, 63 IN HAITI, AND 11 IN THE PHILIPPINES. ADDITIONALLY, FOUR S4S EMPLOYEES, THREE OF WHOM ARE WOMEN, WERE CERTIFIED AS TRAINERS.MORE THAN 1.25 MILLION CHILDREN IN THE UNITED STATES ARE EXPERIENCING HOMELESSNESS. ADDRESSING THIS CRITICAL NEED, SOLES4SOULS CONTINUES TO RESPOND WITH OUR 4EVERYKID PROGRAM, AN INITIATIVE THAT PROVIDES A PAIR OF NEW ATHLETIC SHOES TO K-12 STUDENTS IN THE UNITED STATES THAT ARE EXPERIENCING HOMELESSNESS. WE KNOW THAT WHEN CHILDREN HAVE THEIR BASIC NEEDS MET, THEY FEEL MORE CONFIDENT, CAN PARTICIPATE IN SPORTS, AND STAY FOCUSED ON THEIR LEARNING. DURING FY24, SOLES4SOULS DISTRIBUTED 151,869 PAIRS OF SHOES AND 233,718 PAIRS OF SOCKS TO STUDENTS EXPERIENCING HOMELESSNESS THROUGH 270 PARTNERS NATIONWIDE. A CORE COMPONENT OF THE SOLES4SOULS MISSION IS PROVIDING RELIEF TO PEOPLE IMPACTED BY NATURAL AND HUMANITARIAN DISASTERS. DURING FY24, SOLES4SOULS PROVIDED APPAREL, FOOTWEAR, AND ADDITIONAL ACCESSORIES TO RESPOND TO DOMESTIC AND INTERNATIONAL RELIEF EFFORTS. THROUGH OUR ROBUST PARTNER NETWORK, WE CONTINUED TO SERVE RECENT ARRIVALS TO THE U.S., THOSE DISPLACED BY NATURAL DISASTERS, AND INDIVIDUALS EXPERIENCING HUMANITARIAN HARDSHIPS THROUGH STRONG ALLIANCES WITH LOCAL, REGIONAL, AND GLOBAL ORGANIZATIONS. IN RESPONSE TO THESE CRISES, WE PROVIDED DONATIONS TO TRUSTED PARTNERS TO DISTRIBUTE WITHIN THEIR DIRECT NETWORKS. WE HAVE ALSO REMAINED STEADFAST IN OUR RESPONSE EFFORTS IN EASTERN EUROPE TO SUPPORT UKRAINIAN RELIEF EFFORTS. IN FY24 ALONE, SOLES4SOULS DIRECTLY SUPPLIED 427,891 PAIRS OF SHOES, 526,645 PIECES OF CLOTHING AND 334,152 UNITS OF ACCESSORIES, SOCKS AND OTHER ITEMS TO ORGANIZATIONS FOCUSED ON DISASTER RELIEF. ON AVERAGE, ITEMS WERE DISTRIBUTED WITHIN 6-12 WEEKS POST DISASTER. THROUGH OUR MANY DISTRIBUTION PROGRAMS DESCRIBED ABOVE, SOLES4SOULS DIVERTED 10,764,538 PAIRS/PIECES FROM LANDFILLS TOTALING APPROXIMATELY 9,608,465 POUNDS OF PRODUCT. SINCE INCEPTION, SOLES4SOULS HAS DIVERTED 103,191,885 PAIRS/PIECES FROM LANDFILLS TOTALING APPROXIMATELY 99,042,253 POUNDS. THROUGH THE SOLES4SOULS GLOBAL EXPERIENCES PROGRAM, VOLUNTEERS FROM ACROSS THE UNITED STATES JOIN SOLES4SOULS STAFF ON DISTRIBUTION TRIPS TO COUNTRIES WHERE WE HAVE PARTNER MICROENTERPRISE OPERATIONS TO EXPERIENCE FIRST-HAND PROVIDING SHOES TO PEOPLE IN THESE DEVELOPING COUNTRIES. DURING FY24, SOLES4SOULS CONDUCTED 17 TRIPS WITH APPROXIMATELY 204 INDIVIDUALS TRAVELING TO HONDURAS, GUATEMALA, DOMINICAN REPUBLIC AND THE UNITED STATES.

    Expenses $27,798,181 · Grants $25,724,025 · Revenue $258,441

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aaron Belville

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Aaron Lord

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andy Lew

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angela Harrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ashley Chang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Friedman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ellen Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Maithili Shenoy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Megan McGuire

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michele Love

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Duroseau

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michelle Krall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Raji Behal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sara Irvani

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stacy Xie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steven Reynolds

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tianne Doyle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tony Waller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Walter Porter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Earnest Teaster III

    PRESIDENT & CEO

    Total calculated
    $417,946
    From this org
    $380,764
    From related orgs
    $0
    Other
    $37,182
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $302,764
    Bonus
    $78,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $37,182
    Filer's total
    $417,946

  • Mike Shirey

    CHIEF OPERATING OFFICER

    Total calculated
    $294,442
    From this org
    $264,466
    From related orgs
    $0
    Other
    $29,976
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $219,726
    Bonus
    $44,740
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $29,976
    Filer's total
    $294,442

  • Robert Adams-Ghee End Jan 2024

    CHIEF FINANCIAL & ADMINSTRATIVE OFFICER

    Total calculated
    $282,213
    From this org
    $263,289
    From related orgs
    $0
    Other
    $18,924
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $219,039
    Bonus
    $44,250
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,924
    Filer's total
    $282,213

  • Nancy Youssef

    CHIEF BUSINESS DEVELOPMENT

    Total calculated
    $285,770
    From this org
    $265,762
    From related orgs
    $0
    Other
    $20,008
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $221,022
    Bonus
    $44,740
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,008
    Filer's total
    $285,770

  • Rodney Arnold

    CHIEF MARKETING OFFICER

    Total calculated
    $290,175
    From this org
    $262,382
    From related orgs
    $0
    Other
    $27,793
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $218,132
    Bonus
    $44,250
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $27,793
    Filer's total
    $290,175

  • Theresa Miller

    VP DEVELOPMENT

    Total calculated
    $170,631
    From this org
    $160,386
    From related orgs
    $0
    Other
    $10,245
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $140,636
    Bonus
    $19,750
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,245
    Filer's total
    $170,631

  • Jamie Ellis

    VP STRATEGIC COMMUNICATIONS

    Total calculated
    $146,817
    From this org
    $127,172
    From related orgs
    $0
    Other
    $19,645
    Hours/week
    50

  • Kellen Clawson

    VP OPERATIONS

    Total calculated
    $148,779
    From this org
    $125,321
    From related orgs
    $0
    Other
    $23,458
    Hours/week
    50

  • Kim Shamley

    VP PEOPLE & CULTURE

    Total calculated
    $156,022
    From this org
    $132,034
    From related orgs
    $0
    Other
    $23,988
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $118,127
    Bonus
    $13,907
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,988
    Filer's total
    $156,022

  • Robin Witczak

    VP BUSINESS DEVELOPMENT

    Total calculated
    $129,914
    From this org
    $121,065
    From related orgs
    $0
    Other
    $8,849
    Hours/week
    50

  • Timothy Deats

    CONTROLLER

    Total calculated
    $126,302
    From this org
    $108,137
    From related orgs
    $0
    Other
    $18,165
    Hours/week
    50

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 6
SCHEDULE J, PART I, LINE 6A - COMPENSATION CONTINGENT ON NET EARNINGS: BONUSES WERE PAID TO PERSONS LISTED ON FORM 990, PART VII CONSISTENT WITH BOARD APPROVED BONUS POLICY BASED IN PART ON NET EARNINGS GENERATED DURING YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • SOLES4SOULS EUROPE STICHTING (RSIN XXX-XX-XXXX)

    N/A · CARRY ON THE ACTIVITIES OF SOLES4SOULS, INC IN EUROPE · NL

    Directly controlled by SOLES4SOULS INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SOLES4SOULS CANADA (INCOPORATION # 962795-2)

    TO CARRY ON THE ACTIVITIES OF SOULS4SOULS INC IN CANADA · CA · 100% owned · share of income $915,660 · share of assets $1,357,764

    Directly controlled by SOULS4SOULS INC

  • SOLES4SOULS ASIA LTD (EUN 201930535R)

    TO CARRY ON THE ACTIVITIES OF SOULS4SOULS INC IN ASIA · SN · 100% owned · share of income $123,908 · share of assets $26,351

    Directly controlled by SOULS4SOULS INC

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349317056

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