Shoes That Fit

Nonprofit profile at a glance

EIN: 954425565
IRS 990 coverage: 2014–2024
Forms available: Form 990 2024
Location: Claremont, CA, USA
Phone: 9094820050
Rating: 88
Verdict: STRONG
Rating confidence: Moderate
Sector: Human Service Organizations

Reported finances

Revenue: $13,083,238
Expenses: $17,234,897
Assets: $5,285,390
Liabilities: $1,060,693

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

Leadership & pay

19 people listed

Executive titles in this filing

AMY FASS (CEO, EXECUTIVE DIRECTOR)

Highest reported compensation

AMY FASS (CEO, EXECUTIVE DIRECTOR): $302,777 total reported compensation
NEKEDA HALL (CHIEF STRATEGY OFFICER): $169,942 total reported compensation

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

Overview

Mission

Shoes that fit tackles one of the most visible signs of poverty in america by giving children in need new athletic shoes to attend school with dignity and joy, prepared to learn, play and thrive.

What it reported doing in 2024

During the academic year 2024-2025, shoes that fit distributed 334,039 pairs of new athletic shoes and other necessities to 218,302 children in need at 2,135 schools and/or nonprofits in all 50 states and Washington d.c., allowing these children to attend schools with dignity and joy, prepared to learn, play and thrive. 94% of educators how responded to our survey reported improvement in the children's confidence, 92% in self-esteem, 85% in social interaction, and 74% in physical activity among the children who received the new shoes from shoes that fit. In addition, shoes that fit distributed 26,119 items to help the same number of individuals for emergency fire relief after the palisades and eaton canyon fires.

Operating model

Revenue model: Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 88% of its reported program spending out as 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 fundraising costs are high for each dollar raised.

Rating breakdown

Financial Efficiency: 92
Transparency & Controls: 87
Accountability: 95
Sustainability: 19
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 91.3%; rating input score 91
Fundraising efficiency: $16.98 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Accountability

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Sustainability

Operating margin: -31.7%; rating input score 3; 3rd percentile among comparable filings
Total-asset coverage ratio: 0.31; rating input score 8; 8th percentile among comparable filings
Liabilities to assets ratio: 0.2; rating input score 58; 58th percentile among comparable filings
Officer compensation ratio: 2.7%; rating input score 70; 70th percentile among comparable filings

Growth

Program expense growth: 15.1% per year; rating input score 100; 84th percentile among comparable filings
Revenue growth: 15.3% per year; rating input score 100; 87th percentile among comparable filings
Asset growth: 19.4% per year; rating input score 100; 88th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 91.3% of spending went to programs
Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment · $15.7M in reported program spending
Leadership: top reported pay $303K · 19 people listed · 4 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $115K reported
Consistency: 36 of 36 current checks pass
Schedules: 7 filed schedules · includes major donors, grants, and executive pay
Filing history: 11 filing years from 2014 to 2024
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 3/100.
Review — Financial Efficiency: Fundraising efficiency scored 53/100.
High — Sustainability: Total-asset coverage ratio scored 8/100.
Review — Accountability: Governance controls: Other executive compensation review process not reported.
Review — Sustainability: Liabilities to assets ratio scored 58/100.