Share Your Soles Foundation Inc
- Assets
- $54.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Chicago, IL
- Founding
- 02/2002
- Data as of
- 12/2023
- EIN
- 36-4453870
Organization Overview
Share Your Soles Foundation Inc is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2023, Share Your Soles Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Share Your Soles Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Share Your Soles Foundation Inc generated $101.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $97.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOOTWEAR COLLECTION & DISTRIBUTION: SHARE YOUR SOLES COLLECTED, CONDITIONED AND DISTRIBUTED THOUSANDS OF GENTLY WORN SHOES TO NEEDY CHILDREN AROUND THE WORLD, WHILE PROVIDING VOLUNTEER OPPORTUNITIES TO ADULTS AND CHILDREN WHO DESIRE TO MAKE A DIFFERENCE. MOST CHILDREN WHO RECEIVE SHOES ARE ORPHANED, HANDICAPPED, OR LIVE IN SEVERE POVERTY. THE ORGANIZATION ALSO SERVES AS AN EDUCATIONAL FACILITY FOR THE VARIOUS VOLUNTEER GROUPS. THE GROUPS INCLUDE CHURCH GROUPS, BOY SCOUTS, GIRL SCOUTS, SCHOOLS AND OTHER COMMUNITY GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramona F Purdy Executive Dir. | 40 | $30,000 | |
Cathy Bigganne Treasurer | 5 | $0 | |
Andrew Lipowski Secretary | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,139 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $221 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,053 |
| Other Revenue | $0 |
| Total Revenue | $101,413 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,305 |
| Professional fees and other payments to independent contractors | $1,128 |
| Occupancy, rent, utilities, and maintenance | $26,747 |
| Printing, publications, postage, and shipping | $61 |
| Other expenses | $36,629 |
| Total expenses | $97,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,282 |
| Other assets | $0 |
| Total assets | $54,898 |
| Total liabilities | $21,557 |
| Net assets or fund balances | $33,341 |