Mile in My Shoes

Nonprofit profile at a glance

EIN
472702026
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2017
Location
Minneapolis, MN, USA
Phone
7185366552
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$371,876
Expenses
$398,169
Assets
$158,141
Liabilities
$2,953

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Mishka Vertin (Executive Director (through August 2024))
  • Carrie Miller (Executive Director (from August 2024))

Highest reported compensation

  • Mishka Vertin (Executive Director (through August 2024)): $66,166 total reported compensation
  • Carrie Miller (Executive Director (from August 2024)): $38,113 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mile in My Shoes connects runners from diverse backgrounds to build community, support health and wellness among those experiencing homelessness and spark social awareness. We run together to change perceptions and change lives.

What it reported doing in 2024

Mile in My Shoes is anchored by six running teams based at shelters and re-entry centers across the Twin Cities area, as well as one Distance Training Team, composed of mentor volunteers and alumni members. MiMS teams run 2 to 3 times per week, with runs starting from each housing facility. The MiMS season begins in April and ends in November. MiMS outfits all new runners with full running gear and shoes, and covers the cost for all training and race expenses throughout the season. Members also receive incentives as they hit various milestones, including additional gear and race entries. During the 2024 season, Mile in My Shoes had a total of 250 new members complete orientation, 95 Members reached Alumni status, and 201 people in the community volunteered as Run Mentors. Mile in My Shoes' positive outcomes in 2024 include: 97.4% of Resident Members reported improved physical health after participating in the program. 85% of resident members reported feeling more connected to their community after participating in MiMS. Over 80 members who reached alumni status remained connected to their team after moving out of the facility by returning to run with their team or attend a team event. returned to run with their team or attended a team even. 9/10 run mentors report feeling more motivated to do more for or with people experiencing homelessness. 99% of volunteer Run Mentors reported learning something new about homelessness, transitioning from military service, reentry/criminal justice system, or recovery.

Operating model

Revenue model
Donor-supported. 99% 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.
  • 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 86
  • Accountability: 90
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95%; rating input score 95
  • Program expense ratio: 84.2%; rating input score 84
  • Fundraising efficiency: $15.23 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -7.1%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 26.2%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 17.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 4.1% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 95% of revenue deployed · 84.2% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $335K in reported program spending
  • Leadership: top reported pay $66K · 13 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 51/100.
  • High — Sustainability: Operating margin scored 26/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.