Soles 4 Souls is located in Old Hickory, TN. The organization was established in 2006. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2023, Soles 4 Souls employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soles 4 Souls is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Soles 4 Souls generated $92.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $92.4m during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Soles 4 Souls has awarded 232 individual grants totaling $38,250,389. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE SUSTAINABLE JOBS & PROVIDE RELIEF BY DISTRIBUTING SHOES & CLOTHING AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLES4SOULS FACILITATES THE DONATION AND COLLECTION OF NEW AND USED SHOES, NEW AND USED CLOTHING AND OTHER RELIEF ITEMS FROM FOOTWEAR, CLOTHING AND OTHER MANUFACTURERS, RETAILERS AND INDIVIDUALS. THESE ITEMS ARE DISTRIBUTED TO PEOPLE IN NEED LOCALLY, NATIONALLY AND INTERNATIONALLY THROUGH A NETWORK OF VOLUNTEER ORGANIZATIONS AND IN COOPERATION WITH OTHER CHARITABLE ORGANIZATIONS, REFERRED TO AS DISTRIBUTION PARTNERS, WHO WORK ON SOLES4SOULS' BEHALF TO DISTRIBUTE THESE ITEMS PROVIDING RELIEF TO INDIVIDUALS LIVING IN POVERTY OR AFFECTED BY NATURAL DISASTERS. THROUGH THIS EXTENSIVE NETWORK, SOLES4SOULS HAS DISTRIBUTED SHOES, CLOTHING AND OTHER RELIEF SUPPLIES TO PEOPLE IN MORE THAN 137 COUNTRIES. DURING FISCAL YEAR 2023, IN THEIR 4RELIEF PROGRAMS, SOLES4SOULS DISTRIBUTED 1,048,971 PAIRS OF SHOES, 948,307 PIECES OF CLOTHING AND 590,792 PIECES OF OTHER ESSENTIALS TO THOSE IN NEED AROUND THE WORLD. ADDITIONALLY, SOLES4SOULS, IN OUR 4OPPORTUNITY PROGRAMS, DISTRIBUTED 4,404,430 PAIRS OF SHOES, 2,058,632 PIECES OF CLOTHING AND 251,412 PIECES OF OTHER ESSENTIAL ITEMS PROVIDING OPPORTUNITIES FOR JOB AND INCOME CREATION AROUND THE WORLD. SOLES4SOULS PARTNERS WITH NON-GOVERNMENTAL ORGANIZATIONS ("NGOS") IN HAITI, HONDURAS, GUATEMALA AND MOLDOVA WHO RUN 4OPPORTUNITY OPERATIONS, AS WELL AS CONTRACTS WITH ESTABLISHED 4OPPORTUNITY PARTNERS TO DISTRIBUTE SHOES AND CLOTHING IN CENTRAL AMERICA, SOUTH AMERICA, AFRICA AND ASIA. OUR 4OPPORTUNITY PROGRAM IS DESIGNED TO PROVIDE IMPOVERISHED PEOPLE IN DEVELOPING NATIONS WITH THE RESOURCES TO START AND MAINTAIN THEIR OWN BUSINESSES.
DURING FY23, SOLES4SOULS CONTINUED TO PARTNER WITH STREET BUSINESS SCHOOL TO CERTIFY APPROXIMATELY 80 FEMALE TRAINERS IN OUR 4OPPORTUNITY PARTNERS IN HAITI AND PHILIPPINES. ONCE THE TRAINERS WERE CERTIFIED, THEY TRAINED 29 ENTREPRENEURS IN ESSENTIAL BUSINESS SKILLS HELPING THEM CREATE AND MANAGE THEIR OWN BUSINESS AND SUSTAIN INCOMES FOR THEMSELVES AND THEIR FAMILIES.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 FY23, SOLES4SOULS DISTRIBUTED 70,443 PAIRS OF SHOES TO HOMELESS STUDENTS THROUGH 125 PARTNERS NATIONWIDE. A CORE COMPONENT OF THE SOLES4SOULS MISSION IS PROVIDING RELIEF TO PEOPLE IMPACTED BY NATURAL DISASTERS. DURING FY23, SOLES4SOULS PROVIDED APPAREL, FOOTWEAR AND ADDITIONAL ACCESSORIES TO RESPOND TO DOMESTIC AND INTERNATIONAL RELIEF EFFORTS. DOMESTICALLY, WE SERVED RECENT ARRIVALS TO THE U.S. THROUGH STRONG PARTNERSHIPS WITH LOCAL AND REGIONAL ORGANIZATIONS PROVIDING SUPPORT AND PROVIDED DONATIONS IN FLORIDA AND KENTUCKY TO RESPOND TO DOMESTIC NATURAL DISASTERS. INTERNATIONALLY, WE HAVE CONTINUED TO RESPOND TO THE UKRAINIAN HUMANITARIAN CRISIS AND PROVIDED DONATIONS TO TURKEY AND SYRIA FOR EARTHQUAKE RELIEF. IN FY23 ALONE, SOLES4SOULS SUPPLIED 135,968 PAIRS OF SHOES, 174,005 PIECES OF CLOTHING AND 60,755 UNITS OF ACCESSORIES, SOCKS AND OTHER ITEMS TO THOSE AFFECTED GLOBALLY BY NATURAL DISASTERS AND/OR HUMANITARIAN CRISES. ON AVERAGE, ITEMS WERE DISTRIBUTED WITHIN 6-12 WEEKS POST DISASTER.THROUGH OUR MANY DISTRIBUTION PROGRAMS DESCRIBED ABOVE, SOLES4SOULS DIVERTED 9,301,552 PAIRS/PIECES FROM LANDFILLS TOTALING APPROXIMATELY 8,740,827 POUNDS OF PRODUCT. SINCE INCEPTION, SOLES4SOULS HAS DIVERTED 92,427,347 PAIRS/PIECES FROM LANDFILLS TOTALING APPROXIMATELY 89,433,788 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 FY23, SOLES4SOULS CONDUCTED 9 TRIPS WITH APPROXIMATELY 96 INDIVIDUALS TRAVELING TO HONDURAS, GUATEMALA, AND THE UNITED STATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Belville Board Chair | OfficerTrustee | 1 | $0 |
Aaron Lord Director | Trustee | 1 | $0 |
Andrew Gray Director | Trustee | 1 | $0 |
Andy Lew Director | Trustee | 1 | $0 |
Angela Harrell Director | Trustee | 1 | $0 |
Ashley Chang Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $84,635,694 |
Noncash contributions included in lines 1a–1f | $81,736,982 |
Total Revenue from Contributions, Gifts, Grants & Similar | $84,635,694 |
Total Program Service Revenue | $8,036,270 |
Investment income | $8,253 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,669 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $92,759,575 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $9,930,970 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $12,641,534 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,389,803 |
Compensation of current officers, directors, key employees. | $460,415 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,532,695 |
Pension plan accruals and contributions | $140,474 |
Other employee benefits | $380,912 |
Payroll taxes | $297,779 |
Fees for services: Management | $97,819 |
Fees for services: Legal | $35,986 |
Fees for services: Accounting | $63,337 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $455,691 |
Fees for services: Investment Management | $3,423 |
Fees for services: Other | $72,640 |
Advertising and promotion | $576,729 |
Office expenses | $442,925 |
Information technology | $265,679 |
Royalties | $0 |
Occupancy | $720,843 |
Travel | $337,220 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $87,512 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $196,254 |
Insurance | $130,241 |
All other expenses | $0 |
Total functional expenses | $92,444,707 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,711,458 |
Savings and temporary cash investments | $562,904 |
Pledges and grants receivable | $149,397 |
Accounts receivable, net | $686,818 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $25,853,024 |
Prepaid expenses and deferred charges | $113,285 |
Net Land, buildings, and equipment | $2,553,722 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $40,155 |
Other assets | $7,072 |
Total assets | $32,677,835 |
Accounts payable and accrued expenses | $1,433,779 |
Grants payable | $0 |
Deferred revenue | $334,488 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,729,246 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,497,513 |
Net assets without donor restrictions | $8,810,955 |
Net assets with donor restrictions | $20,369,367 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $32,677,835 |
Over the last fiscal year, Soles 4 Souls has awarded $24,798,028 in support to 172 organizations.
Grant Recipient | Amount |
---|---|
15TH NIGHT PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $6,237 |
4 GOOD COMMUNITY TREASURE HUNT 4 GOOD PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $19,814 |
ACCESS HOUSING OF ADAMS COUNTY INC PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $12,431 |
ADAMS 12 FIVE STAR SCHOOLS PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $6,347 |
AMPHITHEATER PUBLIC SCHOOLS PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $38,959 |
ANCHORAGE SCHOOL DISTRICT PURPOSE: FREE DISTRIBUTION OF SHOES AND CLOTHING | $12,431 |