WORLD SHOE FUND INC (EIN 920311777) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

COURTNEY CASH

Phone

4044934434

Tax Period

2024-01-01 to 2024-12-31

WORLD SHOE FUND INC, founded in 2022, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $476K, a strong 42% operating margin.

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.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,100,500

Program Service Revenue $0

Investment Income $0

Other Revenue $-5,970,000

TOTAL REVENUE $1,130,500

Expense Breakdown

Grants Paid $47,755

Salaries & Benefits $365,199

Fundraising Expenses $144,362

Program Expenses $394,138

Other Expenses $241,715

TOTAL EXPENSES $654,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,130,500	$750,100	+0.5%
Expenses	$654,669	$598,970	+0.1%
Net Income	$475,831	$151,130	+2.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$150,000

Total Directors

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COURTNEY CASH	PRESIDENT	40.00	Officer Director	$150,000	$0	$150,000
JENNIFER BATH	BOARD MEMBER	1.00	Director	$0	$0	$0
DAN BLUE	BOARD MEMBER	1.00	Director	$0	$0	$0
SKI CHILTON	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
WES CRUICKSHANK	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SHARON HOWARD	BOARD MEMBER	1.00	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
2024	$1,130,500	$654,669	$814,185	$475,831
2023	$750,100	$598,970	$156,917	$151,130

WORLD SHOE FUND INC