Goodie Two Shoes Foundation Inc
Nonprofit profile at a glance
- EIN
- 208862386
- IRS 990 coverage
- 2011–2025
- Forms available
- Form 990 2025
- Location
- Las Vegas, NV, USA
- Phone
- 7026174027
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $1,091,047
- Expenses
- $1,191,906
- Assets
- $6,409,167
- Liabilities
- $797
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- NICOLE BERTI (PRESIDENTCEO): $160,094 total reported compensation
- TONY BERTI (DIRECTORCOO): $120,175 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide disadvantaged children and children in crisis with new shoes and socks as well as other items deemed essential for good health and positive development.
What it reported doing in 2025
The goodie two shoes foundation is based on the premise of empowering children through the process of choosing something of their very own. The process begins with on-site measurement of their feet to ensure proper fit. They are then paired one-on-one with a community volunteer who takes a special interest and walks them through the process. The child is the center of attention, and goodie two shoes empowers the child with choice; by giving them the opportunity to select any pair of shoes from a large inventory of high-quality new athletic shoes, just like the ones their friends at school are wearing. During the 2025/2026 school year, goodie two shoes outfitted 10,639 children in need with new shoes and socks via 25 on-site, school-based shoe distribution events at title 1, tier 1 schools.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 79
- Accountability: 75
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.9%; rating input score 90
- Program expense ratio: 81.6%; rating input score 82
- Fundraising efficiency: $55.58 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 19th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -9.2%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 5.38; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 23.5%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 3.8% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 8.4% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 18% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 89.9% of revenue deployed · 81.6% of spending went to programs
- Governance: 6 of 8 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $973K in reported program spending
- Leadership: top reported pay $160K · 8 people listed · 2 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 14/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 12/100.