Soles 2 Souls is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 2022, with $24,370 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$24K
▼ 15.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$43K
Net assets
$17K
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 Soles 2 Souls— 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 Soles 2 Souls: 5 mo reserves · -77% margin earns a F 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 Soles 2 Souls— 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 Soles 2 Souls: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2,865 (FY2022) to $24K (FY2024) across 3 reported years.
Financial snapshot
Operating margin
-77.3%
Spent more than it raised in the latest fiscal year.
Total assets
$17K
Net assets
$17K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $24,370▼15.3% | $43,217▲60.9% | $16,603▲594% | $16,603▲594% | 990EZ |
| 2023 | $28,766▲904% | $26,855▲1026% | $2,391▲398% | $2,391▲398% | 990EZ |
| 2022 | $2,865 | $2,385 | $480 | $480 | 990EZ |
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 Soles 2 Souls (EIN 87-4003525) 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.