OLD HICKORY, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOLES4SOULS INC, founded in 2006, is a mid-sized nonprofit in the Human Services sector that reported $88.3M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year.
TO CREATE OPPORTUNITY FOR PEOPLE THROUGH SHOES AND CLOTHING.
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...
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 FISCAL YEAR 2025, IN THEIR 4RELIEF PROGRAMS, SOLES4SOULS DISTRIBUTED 838,457 PAIRS OF SHOES, 687,598 PIECES OF CLOTHING AND 498,243 PIECES OF OTHER ESSENTIALS TO THOSE IN NEED AROUND THE WORLD. ADDITIONALLY, SOLES4SOULS, IN OUR 4OPPORTUNITY PROGRAMS, DISTRIBUTED 4,015,437 PAIRS OF SHOES, 2,045,658 PIECES OF CLOTHING AND 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 THE 4OPPORTUNITY OPERATIONS, AS WELL AS CONTRACTS WITH ESTABLISHED 4OPPORTUNITY PARTNERS TO DISTRIBUTE SHOES AND CLOTHING IN CENTRAL AMERICA, SOUTH AMERICA, AFRICA AND ASIA. THE 4OPPORTUNITY PROGRAM IS DESIGNED TO PROVIDE IMPOVERISHED PEOPLE IN DEVELOPING NATIONS WITH THE RESOURCES TO START AND MAINTAIN THEIR OWN BUSINESSES.
DURING FY25, SOLES4SOULS CONTINUED ITS PARTNERSHIP WITH STREET BUSINESS SCHOOL. THROUGH THIS COLLABORATION, OUR PARTNERS TRAINED 86 ENTREPRENEURS IN THE DOMINICAN REPUBLIC, 58 IN HAITI, AND 8 IN THE...
DURING FY25, SOLES4SOULS CONTINUED ITS PARTNERSHIP WITH STREET BUSINESS SCHOOL. THROUGH THIS COLLABORATION, OUR PARTNERS TRAINED 86 ENTREPRENEURS IN THE DOMINICAN REPUBLIC, 58 IN HAITI, AND 8 IN THE PHILIPPINES. ADDITIONALLY, FOUR SOLES4SOULS 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 WHO 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 FY25, SOLES4SOULS DISTRIBUTED 112,648 PAIRS OF SHOES AND 264,891 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 FY25, SOLES4SOULS PROVIDED APPAREL, FOOTWEAR AND ADDITIONAL ACCESSORIES TO RESPOND TO DOMESTIC AND INTERNATIONAL RELIEF EFFORTS. THROUGH ITS ROBUST PARTNER NETWORK, SOLES4SOULS 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 SOLES4SOULS CRISES, SOLES4SOULS PROVIDED DONATIONS TO TRUSTED PARTNERS TO DISTRIBUTE WITHIN THEIR DIRECT NETWORKS. SOLES4SOULS HAS ALSO REMAINED STEADFAST IN ITS RESPONSE EFFORTS IN EASTERN EUROPE TO SUPPORT UKRAINIAN RELIEF EFFORTS. IN FY25 ALONE, SOLES4SOULS DIRECTLY SUPPLIED 526,457 PAIRS OF SHOES, 461,258 PIECES OF CLOTHING AND 402,516 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 ITS 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 IT HAS PARTNER MICROENTERPRISE OPERATIONS TO EXPERIENCE FIRST-HAND PROVIDING SHOES TO PEOPLE IN THESE DEVELOPING COUNTRIES. DURING FY25, SOLES4SOULS CONDUCTED 23 TRIPS WITH APPROXIMATELY 195 INDIVIDUALS TRAVELING TO HONDURAS, GUATEMALA, DOMINICAN REPUBLIC AND THE UNITED STATES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $88,258,383 | $105,509,098 | -0.2% |
| Expenses | $86,508,316 | $105,449,702 | -0.2% |
| Net Income | $1,750,067 | $59,396 | +28.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AARON BELVILLE | BOARD CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDY LEW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANGELA HARRELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY CHANG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN FRIEDMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WRIGHT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLEN DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN MCGUIRE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE LOVE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK DUROSEAU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE KRALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAJI BEHAL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARA IRVANI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STACY XIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIANNE DOYLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY WALLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WALTER PORTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AARON LORD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAITHILI SHENOY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN REYNOLDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EARNEST TEASTER III | PRESIDENT & CEO | 50.00 |
Officer
|
$417,651 | $42,102 | $459,753 |
| MIKE SHIREY | CHIEF OPERATING OFFICER | 50.00 |
Officer
|
$296,614 | $30,154 | $326,768 |
| NANCY YOUSSEF | CHIEF BUSINESS DEVELOPMENT OFFICER | 50.00 |
Officer
|
$299,896 | $23,856 | $323,752 |
| RODNEY ARNOLD | CHIEF MARKETING OFFICER | 50.00 |
Officer
|
$288,278 | $28,444 | $316,722 |
| JOE NJOROGE | CHIEF FINAN. OFFICER (AS OF 08/24) | 50.00 |
Officer
|
$82,445 | $9,432 | $91,877 |
| THERESA MILLER | VP DEVELOPMENT | 50.00 |
Key Emp
|
$179,853 | $10,848 | $190,701 |
| JAMIE ELLIS | VP STRATEGIC COMMUNICATION | 50.00 |
Highest
|
$143,709 | $21,280 | $164,989 |
| KELLEN CLAWSON | VP OPERATIONS | 50.00 |
Highest
|
$142,123 | $25,014 | $167,137 |
| MICHAEL BROWN | VP WAREHOUSING & LOGISTICS | 50.00 |
Highest
|
$115,345 | $24,630 | $139,975 |
| ROBIN WITCZAK | VP BUSINESS DEV. & STRAT. P'SHIPS | 50.00 |
Highest
|
$147,272 | $10,646 | $157,918 |
| VIRGINIE MURPHY | CONTROLLER | 50.00 |
Highest
|
$148,460 | $14,962 | $163,422 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $88,258,383 | $86,508,316 | $42,818,906 | $1,750,067 |
| 2024 | $126,156,578 | $124,300,664 | $44,882,864 | $1,855,914 |
| 2023 | $108,371,544 | $100,319,141 | $42,541,174 | $8,052,403 |
| 2022 | $92,759,575 | $92,444,707 | $32,677,835 | $314,868 |
| 2021 | $81,779,226 | $84,297,218 | $32,313,740 | $-2,517,992 |
| 2020 | $121,693,413 | $110,231,032 | $35,295,754 | $11,462,381 |
| 2019 | $93,110,388 | $87,629,767 | $22,922,994 | $5,480,621 |
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