Shoes4grades
Nonprofit profile at a glance
- EIN
- 854352150
- IRS 990 coverage
- 2022–2022
- Forms available
- Form 990 2022, Form 990-EZ 2021
- Location
- Pasadena, CA, USA
- Phone
- 6268044050
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $294,769
- Expenses
- $218,634
- Assets
- $118,144
- Liabilities
- $1,125
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Highest reported compensation
- RANDALL TRICE (BOARD CHAIR): $57,064 total reported compensation
- JAZMIN HERNANDEZ (CO-CHAIR): $29,348 total reported compensation
- ANTHONY CIANNI (OFFICER): $8,076 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To connects at-risk youth and foster care youth with mentors for the long term, empowering these youth to develop crucial life skills, make healthy choices, and have successful futures.
What it reported doing in 2022
(Mentorship Program) The mentorship program focuses on providing a nurturing and supportive environment for thes individuals, working to improve their academic, social and independent living skills.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 16
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.6%; rating input score 73
- Program expense ratio: 97.9%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 25.8%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.54; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 43.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 108.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 97.2% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 72.6% of revenue deployed · 97.9% of spending went to programs
- Governance: 0 of 4 board members independent · 3 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $214K in reported program spending
- Leadership: top reported pay $57K · 4 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 4 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.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.