P — Human ServicesEIN: 204023482

Soles 4 Souls

Nashville, Tennessee

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 139 peers in Human Services with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.37×
Peer Median0.22×
💰
$108.4M
Total Revenue
📊
$100.3M
Total Expenses
🏦
$37.3M
Net Assets
📋
$5.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.8%
Year-over-year change (2022 → 2023)
Net Margin
+7.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.37
Net assets divided by total expenses
Liabilities-to-Assets
12.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$108,371,544↑17%$100,319,141↑9%$42,541,174↑30%
2022$92,759,575↑13%$92,444,707↑10%$32,677,835↑1%
2021$81,779,226↓33%$84,297,218↓24%$32,313,740↓8%
2020$121,693,413↑31%$110,231,032↑26%$35,295,754↑54%
2019$93,110,388↑7%$87,629,767↑5%$22,922,994↑31%
2018$86,882,141↑24%$83,106,075↑24%$17,464,027↑30%
2017$69,917,357↑67%$67,057,509↑47%$13,420,937↑29%
2016$41,944,228↑8%$45,497,817↑14%$10,441,436↓28%
2015$38,846,371↓5%$39,944,420↓6%$14,496,992↓7%
2014$40,758,923↓18%$42,521,349↓7%$15,587,032↓11%
2013$49,898,415↓3%$45,635,332↓13%$17,546,500↑21%
2012$51,496,764↓21%$52,656,169↓27%$14,463,834↓11%
2011$65,477,789$71,861,474$16,293,567

Frequently Asked Questions

What does Soles 4 Souls do?▼

Soles 4 Souls is a human services nonprofit organization based in Tennessee. It is classified under NTEE code P60 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Soles 4 Souls financially healthy?▼

Based on our 9-metric Financial Health Score model, Soles 4 Souls has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Soles 4 Souls generate?▼

Soles 4 Souls reports $126.2M in annual revenue and holds $44.9M in total assets, based on IRS filings.

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