SHARE YOUR SOLES FOUNDATION INC

EIN: 364453870 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$96,436
Total Expenses
$271,420
Total Assets
$191,277
Net Assets
$180,731
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Principal Officer
RAMONA F PURDY
Phone
7084484469
Tax Period
2019-01-01 to 2019-12-31

SHARE YOUR SOLES FOUNDATION INC, founded in 2001, is a micro nonprofit in the Human Services sector that reported $96K in total revenue in fiscal year 2019. Expenses of $271K exceeded revenue, resulting in a 181% operating deficit.

Mission

SHARE YOUR SOLES, INC PROVIDES GENTLY WORN SHOES TO PEOPLE WHO ARE LIVING IN NEEDY CORNERS OF THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $217,250

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...

Read more

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $104,720
Program Service Revenue $0
Investment Income $11,591
Other Revenue $-19,875
TOTAL REVENUE $96,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,728
Fundraising Expenses $0
Program Expenses $217,250
Other Expenses $217,692
TOTAL EXPENSES $271,420

Year-over-Year Comparison

2019 2018 Change
Revenue $96,436 $95,846 +0.0%
Expenses $271,420 $338,794 -0.2%
Net Income $-174,984 $-242,948 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
275

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$32,500
Total Directors
3
$32,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAMONA F PURDY Executive Dir. 40.00
Officer Director
$32,500 $0 $32,500
CATHY BIGGANNE Treasurer 5.00
Officer Director
$0 $0 $0
ANDREW LIPOWSKI Secretary 1.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $96,436 $271,420 $191,277 $-174,984
2018 $95,846 $338,794 $338,548 $-242,948
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SHARE YOUR SOLES FOUNDATION INC with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.