Shuzz Fund Inc

Nonprofit profile at a glance

EIN
273359219
IRS 990-EZ coverage
2014–2017
Forms available
Form 990 2016, Form 990-EZ 2017
Location
West Palm Beach, FL, USA
Phone
5613010122
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Disaster Preparedness and Relief Services

Official website

Reported finances

Revenue
$64,727
Expenses
$57,924
Assets
$25,394
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • RITA LOMBARDO (PRESIDENT)
  • GIUSEPPE LOMBARDO (VICE PRESIDENT)

People named in this filing

  • RITA LOMBARDO (PRESIDENT)
  • GIUSEPPE LOMBARDO (VICE PRESIDENT)
  • SARA D MAYNOLDI (TREASURER)

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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

SHUZZ FUND, INC. is a non-profit organization that functions off of support from volunteers, existing to provide new shoes to children in poverty-stricken areas around the world. We distribute thousands of shoes free of charge to children - regardless of race, religion, class or any other criteria - who are in need of a very basic tool to prevent them from risk. Their needs are simple: a pair of shoes that fit properly. This helps protect from injury and prevent disease, enhancing safety when playing, doing chores and going to school.

What it reported doing in 2017

Domestic and international outreach - providing shoes to children in poverty stricken and inter-city areas, through back-to-school programs, youth athletic sports and cleat programs, and medical relief. The organization receives in-kind donations from members and community supporters.

Operating model

Revenue model
Donor-supported. 72% 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 - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 75
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.4%; rating input score 48
  • Program expense ratio: 54.1%; rating input score 54

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 10.5%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 65%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 66.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -2.4% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: 32.4% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 48.4% of revenue deployed · 54.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2014 to 2017
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.