Shoemate Foundation 10-29-01 is a 501(c)(3) organization based in West Hartford, Connecticut, registered in 2003, with $403,633 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$404K
▼ 0.5% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$111K
Net assets
$5.8M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Shoemate Foundation 10-29-01— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Shoemate Foundation 10-29-01: 628 mo reserves · +72% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Shoemate Foundation 10-29-01— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Shoemate Foundation 10-29-01: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $295K (FY2019) to $404K (FY2023) across 5 reported years.
Financial snapshot
Operating margin
72.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.8M
Total liabilities
$0
Net assets
$5.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $403,633▼0.5% | $111,450▼53.6% | $5,836,765▲5.3% | $5,836,765▲5.3% | 990PF |
| 2022 | $405,543▼28.6% | $239,991▼65.1% | $5,543,784▲2.9% | $5,543,784▲2.9% | 990PF |
| 2021 | $568,118▲153% | $686,675▲52.6% | $5,385,645▼2.3% | $5,385,645▼2.3% | 990PF |
| 2020 | $224,698▼23.8% | $449,994▲2.7% | $5,509,902▼3.9% | $5,509,902▼3.9% | 990PF |
| 2019 | $294,704 | $438,177 | $5,735,198 | $5,735,198 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Shoemate Foundation 10-29-01 (EIN 26-6000834) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.