Soles 4 Souls is a 501(c)(3) organization based in Nashville, Tennessee, registered in 2006, with $126,156,578 in FY2023 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
Revenue (FY2023)
$126.2M
▲ 16.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$124.3M
Net assets
$39.4M
Employees
85
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. For Soles 4 Souls: 95% to programs · $3 to raise $100 earns a A+ on this criterion. 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 4 Souls: 4 mo reserves · +1% margin earns a A 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. For Soles 4 Souls: 6 of 6 checks met earns a A+ on this criterion. 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 4 Souls: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To create sustainable jobs & provide relief by distributing shoes & clothing around the world.
During fy24, s4s continued its partnership with street business school. through this collaboration, our partners trained 97 entrepreneurs in the dominican republic, 63 in haiti, and 11 in the philippines. additionally, four s4s employees, three of whom are women, were certified as trainers.more than 1.25 million children in the united states are experiencing homelessness. addressing this critical need, soles4souls continues to respond with our 4everykid program, an initiative that provides a pair of new athletic shoes to k-12 students in the united states that are experiencing homelessness. we know that when children have their basic needs met, they feel more confident, can participate in sports, and stay focused on their learning. during fy24, soles4souls distributed 151,869 pairs of shoes and 233,718 pairs of socks to students experiencing homelessness through 270 partners nationwide. a core component of the soles4souls mission is providing relief to people impacted by natural and humanitarian disasters. during fy24, soles4souls provided apparel, footwear, and additional accessories to respond to domestic and international relief efforts. through our robust partner network, we continued to serve recent arrivals to the u.s., those displaced by natural disasters, and individuals experiencing humanitarian hardships through strong alliances with local, regional, and global organizations. in response to these crises, we provided donations to trusted partners to distribute within their direct networks. we have also remained steadfast in our response efforts in eastern europe to support ukrainian relief efforts. in fy24 alone, soles4souls directly supplied 427,891 pairs of shoes, 526,645 pieces of clothing and 334,152 units of accessories, socks and other items to organizations focused on disaster relief. on average, items were distributed within 6-12 weeks post disaster. through our many distribution programs described above, soles4souls diverted 10,764,538 pairs/pieces from landfills totaling approximately 9,608,465 pounds of product. since inception, soles4souls has diverted 103,191,885 pairs/pieces from landfills totaling approximately 99,042,253 pounds. through the soles4souls global experiences program, volunteers from across the united states join soles4souls staff on distribution trips to countries where we have partner microenterprise operations to experience first-hand providing shoes to people in these developing countries. during fy24, soles4souls conducted 17 trips with approximately 204 individuals traveling to honduras, guatemala, dominican republic and the united states.
Revenue grew from $40.8M (FY2013) to $126.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$44.9M
Total liabilities
$5.5M
Net assets
$39.4M
Salaries & benefits
$8.1M
7% of expenses
Board members
20
20 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $126,156,578▲16.4% | $124,300,664▲23.9% | $39,358,446▲5.6% | $44,882,864▲5.5% | 990 |
| 2022 | $108,371,544▲16.8% | $100,319,141▲8.5% | $37,268,911▲27.7% | $42,541,174▲30.2% | 990 |
| 2021 | $92,759,575▲13.4% | $92,444,707▲9.7% | $29,180,322▲0.8% | $32,677,835▲1.1% | 990 |
| 2020 | $81,779,226▼32.8% | $84,297,218▼23.5% | $28,935,400▼7.9% | $32,313,740▼8.4% | 990 |
| 2019 | $121,693,413▲30.7% | $110,231,032▲25.8% | $31,417,873▲57.5% | $35,295,754▲54.0% | 990 |
| 2018 | $93,110,388▲7.2% | $87,629,767▲5.4% | $19,948,884▲37.9% | $22,922,994▲31.3% | 990 |
| 2017 | $86,882,141▲24.3% | $83,106,075▲23.9% | $14,468,636▲35.3% | $17,464,027▲30.1% | 990 |
| 2016 | $69,917,357▲66.7% | $67,057,509▲47.4% | $10,692,570▲36.5% | $13,420,937▲28.5% | 990 |
| 2015 | $41,944,228▲8.0% | $45,497,817▲13.9% | $7,832,722▼31.2% | $10,441,436▼28.0% | 990 |
| 2014 | $38,846,371▼4.7% | $39,944,420▼6.1% | $11,386,311▼8.8% | $14,496,992▼7.0% | 990 |
| 2013 | $40,758,923 | $42,521,349▼6.8% | $12,484,360▼12.4% | $15,587,032▼11.2% | 990 |
| 2012 | — | $45,635,332▼13.3% | $14,246,786▲42.7% | $17,546,500▲21.3% | 990 |
| 2011 | — | $52,656,169▼26.7% | $9,983,703▼10.4% | $14,463,834▼11.2% | 990 |
| 2010 | — | $71,861,474 | $11,143,108 | $16,293,567 | 990 |
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.
Highest-paid: Earnest Teaster III — $380,764 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Earnest Teaster III | President & Ceo | 50 | $380,764 |
| Nancy Youssef | Chief Business Development | 50 | $265,762 |
| Mike Shirey | Chief Operating Officer | 50 | $264,466 |
| Robert Adams-ghee End Jan 2024 | Chief Financial & Adminstrative Officer | 50 | $263,289 |
| Rodney Arnold | Chief Marketing Officer | 50 | $262,382 |
| Theresa Miller | Vp Development | 50 | $160,386 |
| Kim Shamley | Vp People & Culture | 50 | $132,034 |
| Jamie Ellis | Vp Strategic Communications | 50 | $127,172 |
| Kellen Clawson | Vp Operations | 50 | $125,321 |
| Robin Witczak | Vp Business Development | 50 | $121,065 |
| Timothy Deats | Controller | 50 | $108,137 |
| Aaron Belville | Board Chair | 1 | — |
| Aaron Lord | Director | 1 | — |
| Andy Lew | Director | 1 | — |
| Angela Harrell | Director | 1 | — |
| Ashley Chang | Director | 1 | — |
| Dan Friedman | Director | 1 | — |
| David Wright | Director | 1 | — |
| Ellen Davis | Director | 1 | — |
| Maithili Shenoy | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Community Counseling Service Company | Capital Campaign Services/strategy | $452,897 |
96 grants to Soles 4 Souls totaling $5.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Columbus Foundation | Social services | 2024 | $876,703 |
| American Online Giving Foundation Inc | General support | 2024 | $152,753 |
| Paypal Charitable Giving Fund | General support | 2024 | $29,944 |
| American Endowment Foundation | Human service | 2024 | $28,000 |
| Impactassets Inc | General support | 2024 | $15,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,668 |
| The Community Fdn of Middle Tn Inc | For general support. | 2024 | $5,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $253,036 |
| Paypal Charitable Giving Fund | — | 2023 | $138,308 |
| American Online Giving Foundation Inc | General support | 2023 | $126,503 |
| Donor Advised Charitable Giving | Human services | 2023 | $91,050 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $85,735 |
| Good360 | To assist those in need | 2023 | $37,810 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $27,545 |
| Network For Good Inc | Unrestricted | 2023 | $13,977 |
51 grants totaling $17.5M in FY2023 — showing the 15 largest. All grants made by Soles 4 Souls →
| Recipient | Purpose | Amount |
|---|---|---|
| Convoy of Hope | Free distribution of shoes and clothing | $14,954,076 |
| Operation Compassion A Tennessee Non-profit Corporation | Free distribution of shoes and clothing | $1,230,656 |
| River Fund New York Inc | Free distribution of shoes and clothing | $237,533 |
| Provision Ministry Inc | Free distribution of shoes and clothing | $175,545 |
| Samaritans Purse | Free distribution of shoes and clothing | $105,000 |
| Metro Nashville Pubic Schools | Free distribution of shoes and clothing | $54,384 |
| Oba Foundation | Free distribution of shoes and clothing | $51,282 |
| Junior League of Tucson Inc | Free distribution of shoes and clothing | $50,652 |
| People Loving Nashville | Free distribution of shoes and clothing | $40,682 |
| Women Supporting Women International | Free distribution of shoes and clothing | $39,703 |
| Csx Santa Train | Free distribution of shoes and clothing | $34,864 |
| Cincinnati Public Schools | Free distribution of shoes and clothing | $29,820 |
| Power of Life Foundation Inc | Free distribution of shoes and clothing | $27,437 |
| Community Resource Center | Free distribution of shoes and clothing | $25,276 |
| 4 Good Community Inc | Free distribution of shoes and clothing | $25,198 |
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Data for Soles 4 Souls (EIN 20-4023482) 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.