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Charity Rating

Soles4Souls
319 Martingale Drive
Old Hickory, TN 37138
tel: (615) 391-5723
fax: (615) 391-5730
EIN: 20-4023482

Contact Email
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Board Leadership

Bernadette Lane
Board Chair

CEO

Buddy Teaster
President and CEO


Give From Your Donor Advised Fund

International : Humanitarian Relief Supplies

Soles4Souls

Wearing Out Poverty

 
  Score
(out of 100)
Rating
Overall 85.60 3 stars
  Financial 79.64 2 stars
  Accountability & Transparency 100.00 4 stars
This rating was published 03/01/2016 using data for FY2014, the most recent 990 received at that time.

Overall Rating Chart

Learn more about how we calculate the overall score and rating.

Financial Performance Metrics (Data from FY2014 990)
  Program Expenses
(Percent of the charity’s total expenses spent on the programs
and services it delivers)
96.4%
  Administrative Expenses 1.5%
  Fundraising Expenses 2.0%
  Fundraising Efficiency $0.02
  Primary Revenue Growth -11.2%
  Program Expenses Growth -9.6%
  Working Capital Ratio (years) 0.29
All data for Financial Performance Metrics calculations was provided by Soles4Souls on the FY2014 990 they filed with the IRS

Income Statement     (FYE 06/2014)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $37,071,560
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $834,477
   Government Grants $0
Total Contributions $37,906,037
   Program Service Revenue $2,760,499
Total Primary Revenue $40,666,536
   Other Revenue $92,387
TOTAL REVENUE $40,758,923
   
EXPENSES  
   Program Expenses $41,005,081
   Administrative Expenses $663,663
   Fundraising Expenses $852,605
TOTAL FUNCTIONAL EXPENSES $42,521,349
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,762,426
   
Net Assets $12,484,360

Charts

Compensation of Leaders     (FYE 06/2014)

Compensation % of Expenses Paid to Title
$227,581 0.53% Earnest C. Teaster III Chief Executive Officer

Mission

Soles4Souls is a global not-for-profit institution committed to fighting the devastating impact and perpetuation of poverty. The organization advances its anti-poverty mission by collecting new and used shoes and clothes from individuals, schools, faith-based institutions, civic organizations and corporate partners, then distributing those shoes and clothes both via direct donations to people in need and by provisioning qualified micro-enterprise programs designed to create jobs in poor and disadvantaged communities. Soles4Souls has distributed more than 22 million pairs of new and gently worn shoes to people in 127 countries.

Based in Nashville, Tennessee, Soles4Souls is committed to the highest standards of operating and governance, and holds a four-star rating with Charity Navigator

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