Civic Intelligence

World Shoe Fund Inc.

EIN 92-0311777 • 501(c)3 • Charlotte, NC

Pub. 78 Eligible990-N CoverageNTEE E60

Profile

The world shoe fund, inc. Missions is to provide 20,000,000 pairs of shoes for needy children, and help create opportunities for establishing disease fighting healthcare services in more than 20 african countries.

15105 John J Delany Dr Suite 136Charlotte, NC 28277

www.worldshoefund.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.23x

Higher debt load relative to assets than 51% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.17x

Higher debt load relative to revenue than 44% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Source year 2024

Net Margin

92nd percentile

42%

Higher net margin than 92% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$150,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

NTEE E • $5M-$10M nonprofits • Source year 2024

Asset Growth

98th percentile

419%

Faster asset growth than 98% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

51%

Faster revenue growth than 88% of similar nonprofits.

NTEE E • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$814,185

Up $657,268 (+419%) from 2023

Liabilities

Up

$187,224

Up $181,537 (+3192%) from 2023

Net Assets

Up

$626,961

Up $475,731 (+315%) from 2023

Operations
Liabilities / Revenue44th percentileNet Margin92nd percentile

Revenue

Up

$1,130,500

Up $380,400 (+51%) from 2023

Expenses

Up

$654,669

Up $55,699 (+9.3%) from 2023

Net Income

Up

$475,831

Up $324,701 (+215%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2023: $156,917Liabilities 2023: $5,687Net Assets 2023: $151,2302023Assets 2024: $814,185Liabilities 2024: $187,224Net Assets 2024: $626,9612024

Highlighted filing

2024

Assets$814,185
Liabilities$187,224
Net Assets$626,961
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Revenue 2023: $750,100Expenses 2023: $598,970Net Income 2023: $151,1302023Revenue 2024: $1,130,500Expenses 2024: $654,669Net Income 2024: $475,8312024

Highlighted filing

2024

Revenue$1,130,500
Expenses$654,669
Net Income$475,831
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$814,185
Liabilities
$187,224
Net assets
$626,961
Revenue
$1,130,500
Expenses
$654,669
Net income
$475,831
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.19$0.63$1.13$0.65$0.48
2023Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.75$0.60$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 23, 2025
Return Version
2024v5.0
Gross Receipts
$7,100,500
Mission and Program Overview

Mission

The world shoe fund, inc. Missions is to provide 20,000,000 pairs of shoes for needy children, and help create opportunities for establishing disease fighting healthcare services in more than 20 african countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,917$575,565▲ $418,648
Inventories for Sale or Use-$238,620-
Total Assets$156,917$814,185▲ $657,268
Liabilities
Accounts Payable and Accrued Expenses$5,687$158,064▲ $152,377
Other Liabilities-$29,160-
Total Liabilities$5,687$187,224▲ $181,537
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$151,230$626,961▲ $475,731
Total Net Assets Fund Balance$151,230$626,961▲ $475,731
Total Liabilities and Net Assets / Fund Balance$156,917$814,185▲ $657,268
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Courtney CashPresidentFT$150,000$150,000

Board Members and Trustees

NameTitle
Wes CruickshankChairman
Ski ChiltonVice Chairma
Dan BlueBoard Member
Jennifer BathBoard Member
Sharon HowardBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,100,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-5,970,000
All Other Contributions
$7,100,500
Change in Net Assets
$475,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$365,199
Other Expenses$241,715
Total Fundraising Expense$144,362
Grants and Similar Amounts Paid$47,755
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,472-$56,774$189,246
Current Officers, Directors, Trustees, and Key Employees$105,000-$45,000$150,000
Fees for Services Legal-$116,169-$116,169
Travel$34,802-$34,802$69,604
Grants to Domestic Orgs$47,755--$47,755
Payroll Taxes$18,167-$7,786$25,953
Conferences and Meetings$21,250--$21,250
Information Technology$12,277--$12,277
Office Expenses$10,122--$10,122
Advertising$6,846--$6,846
Fees for Services Other$4,385--$4,385
Insurance$1,062--$1,062
Total Functional Expenses$394,138$116,169$144,362$654,669
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Move Up GlobalCanton, MA501c3Operational Support$47,755
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to World Shoe Inc.$16,029
Credit Cards Payable$13,131
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Page 6, Part VI, Line 11B

“The organization provided a copy of the form 990 for review to all the board members before filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“The organization regularly and consistently monitor and enforce compliance with conflict of interest policy.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
World Shoe Fund Inc
EIN
92-0311777
Phone
4044934434
Address
15105 JOHN J DELANY DR SUITE 136, CHARLOTTE, NC 28277

Signing Officer

Name
Courtney Cash
Title
President
Phone
7046852194
Signed
2025-05-23

Organization Details

Principal Officer
Courtney Cash
Formed
2022
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
6

Preparer

Firm
Bgw CPA Pllc
Address
1304 PROFESSIONAL DRIVE SUITE B, MYRTLE BEACH, SC 29577
Preparer
Tonya G Steele
Phone
8434499293
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The world shoe fund, inc. Missions is to provide 20,000,000 pairs of shoes for needy children, and help create opportunities for establishing disease fighting healthcare services in more than 20 african countries.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDED A COPY OF THE FORM 990 FOR REVIEW TO ALL THE BOARD MEMBERS BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH CONFLICT OF INTEREST POLICY.
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0654669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05687
IRS990/TotalLiabilitiesEOYAmt0187224
IRS990/TotalLiabilitiesGrp/BOYAmt05687
IRS990/TotalLiabilitiesGrp/EOYAmt0187224
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0151230
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0626961
IRS990/TotalProgramServiceExpensesAmt0394138
IRS990/TotalReportableCompFromOrgAmt0150000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-5970000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01130500
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0156917
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0814185
IRS990/TravelGrp/FundraisingAmt034802
IRS990/TravelGrp/ProgramServicesAmt034802
IRS990/TravelGrp/TotalAmt069604
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015105 JOHN J DELANY DR SUITE 136
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028277
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.WORLDSHOEFUND.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0COURTNEY CASH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07046852194
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WORLD SHOE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0WORL
ReturnHeader/Filer/EIN0920311777
ReturnHeader/Filer/PhoneNum04044934434
ReturnHeader/Filer/USAddress/AddressLine1Txt015105 JOHN J DELANY DR SUITE 136
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028277
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461302809
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BGW CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01304 PROFESSIONAL DRIVE SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MYRTLE BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029577
ReturnHeader/PreparerPersonGrp/PhoneNum08434499293
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONYA G STEELE
ReturnHeader/ReturnTs02025-05-23T13:44:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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