Footwear Innovation Foundation Company
Nonprofit profile at a glance
- EIN
- 920586942
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Reston, VA, USA
- Phone
- 2027447453
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $172,000
- Expenses
- $169,637
- Assets
- $14,471
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ANDY POLK (EXECUTIVE DIRECTOR)
People named in this filing
- ANDY POLK (EXECUTIVE DIRECTOR)
- ANDY GILBERT (CHAIRMAN)
- BROOKE BESHAI (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The footwear innovation foundation's mission is to advance innovation across the global footwear industry by supporting new ideas, research, and collaboration. The foundation empowers innovators, entrepreneurs, academics, and industry leaders by providing mentorship, resources, and platforms that accelerate solutions to major industry challenges, including sustainability, materials innovation, manufacturing, and talent development.
What it reported doing in 2025
In 2025, the foundation launched and hosted the footwear launchpad innovation competition, a program designed to identify and accelerate promising new ideas for the footwear industry. The competition connected innovators with industry experts, mentors, and business leaders to refine concepts, develop market understanding, and explore pathways to commercialization. The program provided education, industry data, and mentorship to help participants transform early-stage ideas into viable solutions for the footwear sector.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 36
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 94.9%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.4%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 93.6% of revenue deployed · 94.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $161K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.