2012-05-15T10:43:33-05:00 2011-06-30 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2010-07-01 204023482 SOLES4SOULS INC SOLE 6153915723 319 MARTINGALE DRIVE OLD HICKORY TN 37138 KEVIN GOUGHARY 6153915723 2012-05-14 1 KEVIN DOSTALER 6152427351 2012-05-10 2010 2016-02-24 21:20:13Z KEVIN GOUGHARY 319 MARTINGALE DRIVE OLD HICKORY TN 37138 66496100 0 X WWW.SOLES4SOULS.ORG X 2006 AL SOLES4SOULS FACILITATES THE DONATION OF FOOTWEAR FROM THE SHOE INDUSTRY AND THE GENERAL PUBLIC AND DISTRIBUTES THE FOOTWEAR TO PEOPLE IN NEED IN THE U.S. AND GLOBALLY. 7 6 56 5000 0 0 73547614 62016593 2892597 3587264 7668 14785 -139639 -140853 76308240 65477789 60627937 65451686 0 0 2276056 2849705 0 0 1010548 3147714 3560083 66051707 71861474 10256533 -6383685 19370838 16293567 1844045 5150459 17526793 11143108 X SOLES4SOULS FACILITATES THE DONATION OF FOOTWEAR FROM THE SHOE INDUSTRY AND THE GENERAL PUBLIC AND DISTRIBUTES THE FOOTWEAR TO PEOPLE IN NEED IN THE U.S. AND GLOBALLY. 0 0 41297168 38711112 2154071 SOLES4SOULS COLLECTS SHOES FROM THE FOOTWEAR INDUSTRY, INCLUDING MANUFACTURING, WHOLESALE AND RETAIL ORIENTED COMPANIES. THESE DONATIONS WILL INCLUDE FIRST-QUALITY NEW SHOES, SHOES WITH MINOR DEFECTS, AND CUSTOMER RETURNS. S4S ALSO COLLECTS SHOE DONATIONS FROM THE GENERAL PUBLIC THROUGH SHOE DRIVES HOSTED BY INDIVIDUALS, CIVIC GROUPS, SCHOOLS, CHURCHES, AND RETAIL BUSINESSES. THROUGH OUR EXTENSIVE NETWORK OF QUALIFIED CHARITABLE PARTNERS, AS WELL AS THROUGH OUR TRAVEL4SOULS VOLUNTEER PROGRAM, NEW SHOES ARE DISTRIBUTED TO PEOPLE IN NEED BOTH IN THE U.S. AND INTERNATIONALLY SUFFERING FROM CONDITIONS OF ABJECT POVERTY OR THE EFFECTS OF NATURAL DISASTERS. USED SHOES ARE GRADED AND UTILIZED IN SUPPORT OF MICROENTERPRISE INITIATIVES IN DEVELOPING NATIONS, SUCH AS TANZANIA, TOGO, BOLIVIA, MOLDOVA, AND HAITI. THESE SHOES WILL PROVIDE A LIVELIHOOD FOR MANY IMPOVERISHED FAMILIES, SPURRING LOCAL DEVELOPMENT AS WELL AS PROVIDING ACCESS TO LOW-COST FOOTWEAR IN AREAS WHERE THERE MAY BE NO ALTERNATIVES. 20036777 18782061 1045123 CLOTHES4SOULS, A PROJECT OF SOLES4SOULS, RECEIVES DONATIONS OF CLOTHING AND ACCESSORIES FROM THE APPAREL INDUSTRY. THESE DONATIONS WILL INCLUDE NEW CLOTHING FROM FIRST-QUALITY INVENTORIES, CUSTOMER RETURNS, DEFECTIVE PRODUCTS, AND ITEMS WITH COSMETIC DEFICIENCIES. SIMILAR TO THE UTILIZATION OF FOOTWEAR, NEW CLOTHING IS DISTRIBUTED IN CRISIS RELIEF SITUATIONS, AND CLOTHING EITHER DAMAGED OR IN NEED OF REPAIR IS USED IN SUPPORT OF MICROENTERPRISE INITIATIVES IN DEVELOPING NATIONS. AS WITH FOOTWEAR, THIS SUSTAINABLE EFFORT ULTIMATELY PROVIDES AN EFFICIENT CONTRIBUTION TOWARD THE ERADICATION OF THE CIRCLE OF POVERTY IN THESE DISTRESSED AREAS WITH LITTLE OPPORTUNITY. 8490173 7958513 442850 HOPE4SOULS IS ALSO A PROJECT OF SOLES4SOULS AND SUPPLEMENTS CRISIS RELIEF DISTRIBUTIONS THROUGH THE ACQUISITION OF OTHER SUITABLE, DONATED NEW PRODUCTS. ITEMS DISTRIBUTED THROUGH THIS PROJECT HAVE INCLUDED BOOKS AND TOYS FOR CHILDREN, DVD'S, MEDICAL EQUIPMENT AND SUPPLIES, WATER, AND FOOD. THESE DONATIONS HAVE BEEN PROVIDED BY INDUSTRIAL DONORS AS WELL AS OTHER NON-GOVERNMENTAL ORGANIZATIONS. 69824118 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 1 1 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 38 0 1 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X TIM DEATS 6153915723 319 MARTINGALE DRIVE OLD HICKORY TN 37138 X TOM OZBURN 1.00 X 0 0 0 MARION WILSON JR 1.00 X 0 0 0 PAUL WILSON 1.00 X 0 0 0 CONNIE ELDER 1.00 X 0 0 0 DR LENORD HORWITZ 1.00 X 0 0 0 JENNY DYER 1.00 X 0 0 0 WAYNE ELSEY 40.00 X X 514362 0 16500 KEVIN GOUGHARY 40.00 X 192725 0 11770 DAVID GRABEN 40.00 X 174150 0 6765 TODD MCKEE 40.00 X 167019 0 8563 KEITH WOODLEY 40.00 X 161725 0 9469 1209981 0 53067 5 0 1 0 0 1273165 60743428 59845420 62016593 MICRO-ENTERPRISE PROGR 900099 3225226 3225226 INTL VOLUNTEER TRAVEL 900099 362038 362038 3587264 14785 14785 822678 822678 0 0 0 1273165 195633 -195633 -195633 GUARANTEE FEE 900099 17917 17917 WEBSITE REVENUE 900099 17520 17520 S4S BOOK SALES 900099 17043 17043 2300 2300 54780 65477789 3642044 0 -180848 21483303 21483303 22538515 22538515 21429868 21429868 1343152 670580 510530 162042 1130016 894891 133908 101217 107821 68249 11477 28095 106648 67506 11352 27790 162068 102586 17252 42230 37688 37688 87938 87938 446113 379299 45005 21809 670160 631351 38809 284590 228827 17084 38679 177412 134103 25985 17324 450518 419330 15594 15594 66974 47432 13218 6324 118826 89119 17824 11883 69746 52309 10462 6975 OTHER DISTRIBUTION COST 332336 332336 0 0 DIRECT MAIL EXPENSE 291302 0 0 291302 CONTRACT LABOR 227239 73941 46033 107265 EVENTS 139595 51031 0 88564 MISCELLANEOUS EXP 78472 20392 58027 53 81174 71462 5119 4593 71861474 69824118 1026808 1010548 19013 76633 1110050 296903 11436 8597 13536483 9629440 52930 130197 3909462 271120 1382378 3638342 3258548 2513455 19370838 16293567 558949 622323 117966 354252 1167130 2594684 0 1579200 1844045 5150459 X 11920483 9664200 5606310 1478908 17526793 11143108 19370838 16293567 -6383685 0 X X 0 1 1 X 0 X 14978326 17108060 36737905 73547614 62016593 204388498 14978326 17108060 36737905 73547614 62016593 204388498 8055276 196333222 141780 289818 208264 7668 14785 662315 138062 12544067 748896 59683 3642044 17132752 222183565 8301092 0.88370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 238800 238800 3123993 37849 3086144 18861 6034 12827 113843 86619 27224 413965 140618 273347 3638342 DUE FROM SUPPORTING ORGANIZATION 2513455 2513455 INVENTORY PROMISED FOR DISTRIBUTION 1579200 1579200 65477789 71861474 -6383685 0 -6383685 66676228 694124 504315 1198439 65477789 0 65477789 72064333 202859 202859 71861474 0 71861474 PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGING THE WORLD INVESTMENT INCOME 308,682. DIRECT SPECIAL EVENT EXPENSES 195,633. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CHANGING THE WORLD EXPENSES 7,226. DIRECT SPECIAL EVENT EXPENSES 195,633. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES TO DISTRIBUTE FOOTWEAR 360000 NORTH AMERICA 0 0 PROGRAM SERVICES TO DISTRIBUTE FOOTWEAR 886771 SOUTH AMERICA 0 0 PROGRAM SERVICES TO DISTRIBUTE FOOTWEAR 80000 SOUTH ASIA 0 0 PROGRAM SERVICES TO DISTRIBUTE FOOTWEAR 40000 SUB-SAHARAN AFRICA - TANZANIA & GHANA 0 0 PROGRAM SERVICES TO DISTRIBUTE FOOTWEAR 40000 SOUTH AMERICA 0 0 PROGRAM SERVICES MICRO-BUSINESS ENTERPRISE SUPPORT 2341317 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MICRO-BUSINESS ENTERPRISE SUPPORT 4682633 SUB-SAHARAN AFRICA - TANZANIA & GHANA 0 0 PROGRAM SERVICES MICRO-BUSINESS ENTERPRISE SUPPORT 12999147 0 0 0 0 0 0 21429868 0 21429868 X CANADA TO DISTRIBUTE TO THE NEEDY 786771 36,908 PAIRS OF FOOTWEAR FMV 1 15,000 PAIRS OF FOOTWEAR PORT AU PRINCE, HAITI 15000 300000 OUR OUTREACH TEAM MADE 8 TRIPS TO HAITI AND DISTRIBUTED 15,000 PAIRS OF SHOES FMV 5,000 PAIRS OF FOOTWEAR CABO, MEXICO 5000 100000 OUR OUTREACH TEAM AND VOLUNTEERS FROM THE FOOTWEAR INDUSTRY DISTRIBUTED 5,000 PAIRS OF SHOES FMV 3,000 PAIRS OF FOOTWEAR GUIMACA, HONDURAS 3000 60000 OUR OUTREACH TEAM MADE 2 TRIPS TO HONDURAS AND DISTRIBUTED 3,000 PAIRS OF SHOES FMV 4,000 PAIRS OF FOOTWEAR TRUJILLO, PERU 4000 80000 OUR OUTREACH TEAM MADE 2 TRIPS TO PERU AND DISTRIBUTED 4,000 PAIRS OF SHOES FMV 2,000 PAIRS OF FOOTWEAR SAALEM, INDIA 2000 40000 OUR OUTREACH TEAM MADE 1 TRIP TO INDIA AND DISTRIBUTED 2,000 PAIRS OF SHOES FMV 2,000 PAIRS OF FOOTWEAR KIGOMA, TANZANIA 2000 40000 OUR OUTREACH TEAM MADE 1 TRIP TO TANZANIA AND DISTRIBUTED 2,000 PAIRS OF SHOES FMV FMV 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE ORGANIZATION MAINTAINS SHIPPING RECORDS OF GRANTS OF GIFTS IN-KIND ASSETS GIVEN TO RECIPIENTS. THE ORGANIZATION ALSO REQUIRES THAT ALL RECIPIENTS SIGN A PARTNER AGREEMENT AND PROVIDE PROOF OF DISTRIBUTION OF PRODUCTS THAT WERE RECEIVED. OTHER INFORMATION SCHEDULE F, PART V IN 2011 SOLES4SOULS INTRODUCED OUR OWN TRAVEL4SOULS PROGRAM. VOLUNTEERS FROM ACROSS THE UNITED STATES JOIN S4S STAFF ON DISTRIBUTION TRIPS TO VARIOUS COUNTRIES, AND IN DOING SO ENJOY THE FIRST-HAND EXPERIENCE OF PROVIDING SHOES AND CLOTHING TO PEOPLE IN THE MOST DESPERATE SITUATIONS. DURING THE YEAR, TEAMS VISITED HAITI, PERU, HONDURAS, TANZANIA, COSTA RICA, AND INDIA ON A TOTAL OF 17 OF THESE TRIPS, PERSONALLY GIVING OVER 25,000 PAIR OF SHOES TO CHILDREN AND FAMILIES IN ORPHANAGES, SCHOOLS, VILLAGES, AND EVEN TENT CITIES. THE PROGRAM WILL EXPAND TO 25 TRIPS IN 2012 AND IS PLANNED TO EXPAND INTO NEW COUNTRIES, INCLUDING JAMAICA. THIS PROGRAM WILL GROW TO BE A PROMINENT PART OF THE SOLES4SOULS MISSION EXECUTION FOR MANY YEARS TO COME. RETAIL POS DONATION 710315 710315 18642 CAUSE MARKETING 405453 405453 94650 16 157397 157397 82341 1273165 1273165 195633 195633 -195633 1 KIDS (KIDS IN DISTRESSED SITUATIONS) 112 WEST 34TH STREET SUITE 1133 NEW YORK NY 10120 133300271 501(C)(3) 8554834 FMV 666,454 PAIRS OF FOOTWEAR TO DISTRIBUTE TO THE NEEDY OPERATION COMPASSION 114 STUART ROAD NE STE 370 CLEVELAND TN 37312 621697490 501(C)(3) 9084469 FMV 409,205 PAIRS OF FOOTWEAR & 771,050 LBS OF CLOTHES TO DISTRIBUTE TO THE NEEDY MACDILL AIR FORCE BASE 6 MSS/DPF 2306 FLORIDA KEYS AVE TAMPA FL 33621 62000 FMV 1 PALLET OF CHILDREN'S DVD'S TO DISTRIBUTE TO CHILDREN IN NEED AT CHRISTMAS CHRIST TABERNACLE CHURCH 64-34 MYRTLE AVE GLENDALE NE 11385 62000 FMV 1 PALLET OF CHILDREN'S DVD'S TO DISTRIBUTE TO CHILDREN IN NEED AT CHRISTMAS BOYS & GIRLS CLUB HEADQUARTERS 100 EDGEWOOD AVE NE SUITE 700 ATLANTA GA 30303 580566123 501(C)(3) 1240000 FMV 20 PALLETS OF CHILDREN'S DVD'S TO DISTRIBUTE TO CHILDREN IN NEED AT CHRISTMAS COMMUNITY FOOD BANK OF NEW JERSEY 31 EVANS TERMINAL RD HILLSIDE NJ 07205 222423882 501(C)(3) 1240000 FMV 20 PALLETS OF CHILDREN'S DVD'S TO DISTRIBUTE TO CHILDREN IN NEED AT CHRISTMAS OPERATION HOMEFRONT 1306 R WEST LARK INDUSTRIAL DRIVE FENTON MO 63026 010777850 501(C)(3) 1240000 FMV 20 PALLETS OF CHILDREN'S DVD'S TO DISTRIBUTE TO CHILDREN IN NEED AT CHRISTMAS 5 2 SHOES & CLOTHING 4665000 18424002 ORG EST SHOES & CLOTHING OTHER RELIEF SUPPLIES 225000 4114513 ORG EST DVDS & BOOKS PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAINTAINS SHIPPING RECORDS OF GRANTS OF GIFTS IN-KIND ASSETS GIVEN TO RECIPIENTS. THE ORGANIZATION ALSO REQUIRES THAT ALL RECIPIENTS SIGN A PARTNER AGREEMENT AND PROVIDE PROOF OF DISTRIBUTION OF PRODUCTS THAT WERE RECEIVED. OTHER INFORMATION: PART IV: GRANTS AND OTHER ASSISTANCE TO GOVERNMENTS AND ORGANIZATIONS IN THE U.S.: SOLES4SOULS WORKS IN COOPERATION WITH MANY OTHER CHARITABLE ORGANIZATIONS TO FACILITATE THE DISTRIBUTION OF DONATED SHOES, CLOTHING, AND OTHER RELIEF SUPPLIES AROUND THE WORLD. THESE DONATIONS TO LARGE, REPUTABLE, U.S.- BASED ORGANIZATIONS WILL BE DISTRIBUTED BOTH DOMESTICALLY AND INTERNATIONALLY TO LOCAL AGENCIES PROVIDING CRISIS AND POVERTY RELIEF TO PEOPLE IN NEED WHEREVER THEY MAY BE. A FULL TRUCKLOAD OF SHOES, CLOTHING, SEED, BUILDING MATERIAL DISTRIBUTED IN THIS MANNER CAN SERVE THE NEEDS OF THOUSANDS OF PEOPLE IN DOZENS OF DIFFERENT COUNTRIES, AND WILL BE COMPLEMENTED BY OTHER NECESSITIES THAT OUR DISTRIBUTION PARTNERS HAVE AVAILABLE TO THEM. PARTNER ORGANIZATIONS ARE CAREFULLY VETTED AND CONTRACTUALLY OBLIGATED TO ENSURE THE MISSION IMPACT OF SOLES4SOULS IS MAXIMIZED. GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS IN THE U.S.: SOLES4SOULS HAS AN EXTENSIVE NETWORK OF LOCAL VOLUNTEER ORGANIZATIONS WHO WORK ON ITS BEHALF TO DISTRIBUTE SHOES DIRECTLY TO THOSE IN NEED IN THE UNITED STATES. WITH DISTRIBUTIONS RANGING FROM OUR THANKSGIVING FOOT EXAM AND SHOE GIVEAWAY HELD ON OVER 40 HOMELESS SHELTERS ACROSS AMERICA TO CHRISTMAS SEASON SHOE, TOY, AND BOOK EVENTS, TO OUR EVERYDAY SUPPORT OF HUNDREDS OF OTHER PARTNER GROUPS, WE ARE REACHING HUNDREDS OF THOUSANDS OF PEOPLE WHO FIND THEMSELVES LIVING IN ADVERSE CONDITIONS. X X X X 0 0 0 0 0 0 0 1 0 WAYNE ELSEY 314362 0 200000 0 0 0 16500 0 0 0 530862 0 466250 0 KEVIN GOUGHARY 137925 0 54800 0 0 0 11770 0 0 0 204495 0 169070 0 DAVID GRABEN 108150 0 66000 0 0 0 6765 0 0 0 180915 0 127400 0 TODD MCKEE 167019 0 0 0 0 0 8563 0 0 0 175582 0 0 0 KEITH WOODLEY 124225 0 37500 0 0 0 9469 0 0 0 171194 0 86738 0 SUPPLEMENTAL INFORMATION PART III PART I, LINE 7- NON-FIXED PAYMENTS PROVIDED: BONUSES ARE PAID AT BOARD'S DISCRETION. X 59845420 ORGANIZATION'S ESTIMATE 50 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RELATED PARTY INFORMATION PAUL WILSON, DIRECTOR, AND M. NELSON WILSON, DIRECTOR, ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990: A DRAFT OF THE RETURN IS SUMBITTED TO THE CFO FOR HIS APPROVAL, PRIOR TO FILING OF THE RETURN. A DRAFT COPY OF THE RETURN IS ALSO E-MAILED TO THE DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY: DIRECTORS DISCLOSE ANY POTENTIALLY CONFLICTING INTERESTS AND ARE IN FREQUENT COMMUNICATION. IT IS INCUMBENT UPON THE DIRECTORS TO MONITOR ANY POTENTIAL CONFLICT SITUATIONS ON A CONTINUING BASIS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL: CEO COMPENSATION IS DISCUSSED ANNUALLY BY THE BOARD OF DIRECTORS (WITHOUT CEO PRESENT). ACTING WITH ADVICE FROM INDEPENDENT CONSULTANT REGARDING THE COMPENSATION, THE BOARD REVIEWS PERFORMANCE AND PROGRESS OF THE ORGANIZATION TO DETERMINE THE CEO COMPENSATION. THE BOARD ACTS WITH ADVICE FROM AN INDEPENDENT COMPENSATION CONSULTANT AND ALSO OTHER RESOURCES, SUCH AS GUIDESTAR ANNUAL COMPENSATION SURVEY OF EXEMPT ORGANIZATIONS. COMPENSATION PROCESS FOR OFFICERS: THE ORGANIZATION HAS CONTRACTED WITH AN INDEPENDENT COMPENSATION SPECIALIST TO EXAMINE THE COMPENSATION OF ALL FUNCTIONS OF THE EXECUTIVE TEAM, AS WELL AS DEVELOP AND ENHANCE THE ORGANIZATION'S COMPENSATION POLICY. RELATIVE DATA FROM COMPARABLE ORGANIZATIONS IN THE EXEMPT CATEGORIES ARE USED IN THIS STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, COLUMN D & F PER THE FORM 990 INSTRUCTIONS THE OFFICERS' COMPENSATION AMOUNTS LISTED ON PART VII, COLUMNS D & F ARE FOR THE 2010 CALENDAR YEAR. THE FISCAL YEAR COMPENSATION AMOUNTS FOR THESE OFFICERS ARE INCLUDED ON PART IX LINE 5. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OR THE SELECTION PROCESS OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CHANGING THE WORLD FOUNDATION INC 319 MARTINGALE DRIVE OLD HICKORY TN 37138 264305664 SUPPORTING TN 509A3 11A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CHANGING THE WORLD FOUNDATION INC R 740000 CASH