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International : Humanitarian Relief Supplies

Soles4Souls

Turning Shoes and Clothing into Opportunity

four stars

98.23

319 Martingale Drive Old Hickory, TN 37138
tel: (866) 521-7463   Web Site
EIN: 20-4023482

Board Leadership
Milledge Hart
Board Chair

CEO
Buddy Teaster
President

  Score
(out of 100)
Rating
Overall Score & Rating 98.23 four stars
  Financial 97.50 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Soles4Souls turns unwanted shoes and clothing into opportunity by keeping them from going to waste and putting them to good use: providing relief, creating jobs and empowering people to break the cycle of poverty. Headquartered in Nashville, Tennessee, the organization repurposes product to supply its micro-enterprise, disaster relief, and direct assistance programs. With locations and warehouses across three continents, Soles4Souls has been able to distribute more than 51 million pairs of shoes and pieces of clothing in 129 countries since 2006. Visit soles4souls.org for more information.

Soles4Souls turns unwanted shoes and clothing into opportunity by keeping them from going to waste and putting them to good use: providing relief, creating jobs and empowering people to break the cycle of poverty. Headquartered in Nashville, Tennessee, the organization repurposes product to supply its micro-enterprise, disaster relief, and direct assistance programs. With locations and warehouses across three continents, Soles4Souls has been able to distribute more than 51 million pairs of shoes and pieces of clothing in 129 countries since 2006. Visit soles4souls.org for more information.

Financial

four stars

97.50

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
97.2%
  Administrative Expenses 1.3%
  Fundraising Expenses 1.4%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.25
  Program Expenses Growth 24.6%
  Liabilities to Assets 12.9%
All data for Financial Performance Metrics calculations was provided by Soles4Souls on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Soles4Souls on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Soles4Souls (TN) 98.23 four stars
Heart to Heart International (KS) 96.46 four stars
American Nicaraguan Foundation (FL) 91.16 four stars
Books For Africa (MN) 93.11 four stars
Orphan Grain Train (NE) 100.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $86,933,642
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $86,933,642
   Program Service Revenue $6,175,442
Total Primary Revenue $93,109,084
   Other Revenue $1,304
TOTAL REVENUE $93,110,388
   
EXPENSES  
   Program Expenses $85,154,013
   Administrative Expenses $1,211,849
   Fundraising Expenses $1,263,905
TOTAL FUNCTIONAL EXPENSES $87,629,767
   
Payments to Affiliates $0
Excess (or Deficit) for the year $5,480,621
   
Net Assets $19,948,884

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Shoe Collection $80,551,275 94.6%
Disaster Relief and Free Distribution of Donations $4,602,738 5.4%

Ratings History
Soles4Souls has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 06/01/2021 98.23 four stars
2019-06 05/01/2020 96.66 four stars
2018-06 05/01/2019 98.23 four stars
2017-06 05/01/2018 96.46 four stars
2016-06 11/01/2017 90.27 four stars
2015-06 11/01/2016 89.39 three stars
2014-06 06/01/2016 91.16 four stars
 
CN 2.0
2014-06 03/01/2016 85.60 three stars
2014-06 11/01/2015 85.32 three stars
2013-06 10/01/2014 99.64 four stars
2012-06 12/01/2013 97.15 four stars
2011-06 12/01/2012 90.09 four stars
2010-06 06/01/2012 74.54 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-4023482
Name in IRS Master File SOLES 4 SOULS
NTEE Code P60
NTEE Classification Emergency Assistance (Food, Clothing, Cash)
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 2006
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$315,436 0.35% Earnest C. Teaster III Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Soles4Souls (TN) 98.23 four stars
Heart to Heart International (KS) 96.46 four stars
Feed My Hungry Children (AZ) 87.40 three stars
Feed the Children (OK) 87.44 three stars
Children's Hunger Fund (CA) 98.23 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Soles4Souls
319 Martingale Drive
Old Hickory, TN 37138
tel: (866) 521-7463
fax: (615) 391-5730
EIN: 20-4023482

Visit Web Site

Board Leadership

Milledge Hart
Board Chair

CEO

Buddy Teaster
President

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