Civic Intelligence

Share Your Soles Foundation Inc.

990 • Fiscal year 2018 • EIN 36-4453870

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 01, 2019

11201 S Cottage Grove 2nd FLChicago, IL 60628

(708) 448-4469

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.21x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-253%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$32,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 33.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-81%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$338,548

Down $212,708 (-39%) from 2017

Net Assets

Down

$318,439

Down $219,135 (-41%) from 2017

Liabilities

Up

$20,109

Up $6,427 (+47%) from 2017

Revenue

Down

$95,846

Down $413,624 (-81%) from 2017

Expenses

Up

$338,794

Up $118,510 (+54%) from 2017

Net Income

Down

-$242,948

Down $532,134 (-184%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2014: $472,445Liabilities 2014: $16,058Net Assets 2014: $456,3872014Assets 2015: $402,466Liabilities 2015: $55,256Net Assets 2015: $347,2102015Assets 2016: $259,549Liabilities 2016: $17,037Net Assets 2016: $242,5122016Assets 2017: $551,256Liabilities 2017: $13,682Net Assets 2017: $537,5742017Assets 2018: $338,548Liabilities 2018: $20,109Net Assets 2018: $318,4392018Assets 2019: $191,277Liabilities 2019: $10,546Net Assets 2019: $180,7312019Assets 2020: $125,324Liabilities 2020: $22,130Net Assets 2020: $103,1942020Assets 2021: $71,209Liabilities 2021: $22,030Net Assets 2021: $49,1792021Assets 2022: $51,888Liabilities 2022: $22,853Net Assets 2022: $29,0352022Assets 2023: $54,898Liabilities 2023: $21,557Net Assets 2023: $33,3412023Assets 2024: $16,621Liabilities 2024: $20,223Net Assets 2024: -$3,6022024

Highlighted filing

2018

Assets$338,548
Liabilities$20,109
Net Assets$318,439

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200K-$400KRevenue 2014: $294,236Expenses 2014: $210,019Net Income 2014: $84,2172014Revenue 2015: $215,219Expenses 2015: $307,615Net Income 2015: -$92,3962015Revenue 2016: $151,504Expenses 2016: $272,007Net Income 2016: -$120,5032016Revenue 2017: $509,470Expenses 2017: $220,284Net Income 2017: $289,1862017Revenue 2018: $95,846Expenses 2018: $338,794Net Income 2018: -$242,9482018Revenue 2019: $96,436Expenses 2019: $271,420Net Income 2019: -$174,9842019Revenue 2020: $73,588Expenses 2020: $150,586Net Income 2020: -$76,9982020Revenue 2021: $67,615Expenses 2021: $114,837Net Income 2021: -$47,2222021Revenue 2022: $89,124Expenses 2022: $103,754Net Income 2022: -$14,6302022Revenue 2023: $101,413Expenses 2023: $97,870Net Income 2023: $3,5432023Revenue 2024: $75,436Expenses 2024: $112,419Net Income 2024: -$36,9832024

Highlighted filing

2018

Revenue$95,846
Expenses$338,794
Net Income-$242,948
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 1, 2019
Return Version
2018v3.1
Gross Receipts
$305,716
Mission and Program Overview

Mission

Share your soles, inc provides gently worn shoes to people who are living in needy corners of the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$115,054$0▼ $115,054
Inventories for Sale or Use$54,283$41,355▼ $12,928
Land, Buildings, and Equipment, Net$9,525$31,525▲ $22,000
Loans From Officers Directors$9,000$9,000→ $0
Cash and Non-Interest-Bearing Accounts$16,188$8,349▼ $7,839
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$551,256$338,548▼ $212,708
Other Assets Total$356,206$257,319▼ $98,887
Liabilities
Accounts Payable and Accrued Expenses$2,227$10,623▲ $8,396
Other Liabilities$2,455$486▼ $1,969
Total Liabilities$13,682$20,109▲ $6,427
Net Assets / Fund Balance
Unrestricted Net Assets$537,574$318,439▼ $219,135
Total Net Assets Fund Balance$537,574$318,439▼ $219,135
Total Liabilities and Net Assets / Fund Balance$551,256$338,548▼ $212,708

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,016$64,358$67,374
Other Land Buildings$28,509$7,127$35,636
Other Assets Org$2,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ramona F PurdyExecutive DirectorFT$32,500$32,500

Board Members and Trustees

NameTitle
Andrew LipowskiSecretary
Cathy BigganneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$91,769
Program Service Revenue
$0
Investment Income
$10,500
Other Revenue
$-6,423
All Other Contributions
$78,254
Change in Net Assets
$-242,948
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,974
Salaries, Compensation, and Employee Benefits$56,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$35,949$53,923-$89,872
Fees for Services Legal$42,436$10,609-$53,045
Current Officers, Directors, Trustees, and Key Employees$27,625$4,875-$32,500
All Other Expenses$18,265$5,614-$23,879
Other Salaries and Wages$15,549$3,887-$19,436
Depreciation Depletion$6,818$6,818-$13,636
Other Expenses$11,100--$11,100
Fees for Services Accounting$6,297$1,574-$7,871
Fees for Service Investment Mgmnt Fees-$3,909-$3,909
Payroll Taxes$3,123$781-$3,904
Advertising-$1,628-$1,628
Insurance$1,073$268-$1,341
Travel$1,301$27-$1,328
Office Expenses$525$787-$1,312
Other Employee Benefits-$980-$980
Information Technology$315$472-$787
Total Functional Expenses$242,642$96,152$0$338,794
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,503
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ramona F PurdyExec. DirectorWarehouse LeaseNo$49,500
Edmund Stangel TrustFormer TreasurerWarehouse LeaseNo$11,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,000$9,000→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advances$485
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Copy of the form 990 and related schedules are given to certain board members for review. After it is approved, it is filed with the irs.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Approved by the board of directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy, and the financial statements are made available to the general public upon request at the administrative office.

Filing and Contact Details

Filer

Filer Name
Share Your Soles Foundation Inc
EIN
36-4453870
Phone
7084484469
Address
11201 S COTTAGE GROVE 2ND FL, CHICAGO, IL 60628

Signing Officer

Name
Ramona F Purdy
Title
Executive Director
Signed
2019-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramona F Purdy
Formed
2001
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
548

Preparer

Firm
RH Daemicke & Associates LTD
Address
7250 W College Dr, Palos Heights, IL 60463
Preparer
James Daemicke CPA
Phone
7083612800
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-242948
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0115054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt091769
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0496977
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0164473
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0208707
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0283959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01245885
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt09235
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07306
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05652
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt09398
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010277
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt041868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt09746
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt09812
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt019558
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt09235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07306
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05652
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt09398
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010277
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt041868
IRS990ScheduleA/InvestmentIncomeCYPct00.03190
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt080
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01022
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0160
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01994
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03256
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96560
IRS990ScheduleA/PublicSupportTotal509Amt01265443
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt091769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0496977
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0174219
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0218519
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0283959
IRS990ScheduleA/Total509Grp/TotalAmt01265443
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0505305
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0180031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0229911
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0294236
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01310567
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03016
IRS990ScheduleD/BuildingsGrp/DepreciationAmt064358
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt067374
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ROUNDING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028509
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07127
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt035636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ADVANCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031525
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0257319
IRS990ScheduleD/TotalLiabilityAmt0486
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RAMONA F PURDY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1EDMUND STANGEL TRUST
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXEC. DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FORMER TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt049500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt111000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WAREHOUSE LEASE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1WAREHOUSE LEASE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt045000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RAMONA F PURDY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SHARE YOUR SOLES FOUNDATION INC RENTS BUILDING SPACE FROM PULLMAN BUILDING, LLC WHICH IS OWNED 100% BY RAMONA PURDY, THE FOUNDATION'S EXECUTIVE DIRECTOR. THIS PROPERTY WAS INHERITED FROM RAMONA'S FATHER'S ESTATE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt09000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF THE FORM 990 AND RELATED SCHEDULES ARE GIVEN TO CERTAIN BOARD MEMBERS FOR REVIEW. AFTER IT IS APPROVED, IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST AT THE ADMINISTRATIVE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0551256
IRS990/TotalAssetsGrp/EOYAmt0338548
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt091769

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