First Day Shoe Fund

Tax-deductible

Portage, MI501(c)(3)Human ServicesEIN 20-4881364

First day shoe fund provides new athletic shoes to students at kalamazoo county public elementary schools at no cost.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 500 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2025
latest Form 990
IRS e-file · Filing history
Is it financially stable?
5 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
76%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$128K
to officers and key staff · 19% of spending
Pt VII · Sec A
Do they have reserves?
14 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
29
named funders · $411K
Funders’ Sch. I, 990-PF
Do they carry debt?
$126K
liabilities
Pt X · Ln 26
Who oversees it?
13
independent of 13 voting board members
Pt VI · Ln 1a–1b
Revenue
$841K
+23% vs prior year
Spent
$667K
To programs
76%
Net assets
$964K
By yearFY2020–FY2025
Revenue
$841K
FY2025▲ +23%
Revenue by fiscal year
FY2020$173K
FY2021$206K
FY2022$434K
FY2023$468K
FY2024$686K
FY2025$841K
Expenses
$667K
FY2025▲ +37%
Expenses by fiscal year
FY2020Not on file
FY2021$160K
FY2022$252K
FY2023$359K
FY2024$487K
FY2025$667K
Net assets
$964K
FY2025▲ +23%
Net assets by fiscal year
FY2020$248K
FY2021$295K
FY2022$477K
FY2023$586K
FY2024$784K
FY2025$964K

From the FY2025 Form 990 · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CFirst Day Shoe Fund
EINHdr · item D20-4881364
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2006
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CPortage, MI
NTEE classificationIRS BMFHuman Services (P30)
WebsiteHdr · item Jwww.firstdayshoefund.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.21 Fundraising $0.03
Program services76%$509K
Management & general21%$138K
Fundraising3%$21K
Total functional expensesLn 25$667K

Financial health

Is it on solid ground?

Program efficiency
76%
of spending reaches programs▼ -12% vs prior filing year
Operating runway
13.5mo
months of highly liquid reserves at operating expense rate▼ -22% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▼ -29% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$1.1M
FY2025▲ +19%
Total assets by fiscal year
FY2020Not on file
FY2021$297K
FY2022$503K
FY2023$725K
FY2024$916K
FY2025$1.1M
Total liabilities
$126K
FY2025▼ -4%
Total liabilities by fiscal year
FY2020Not on file
FY2021$2K
FY2022$26K
FY2023$139K
FY2024$132K
FY2025$126K
Revenue less expensesPt I · Ln 19$174K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$750K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$126K
Total net assetsLn 32$964K
Months of cash on handcomputed13.5

Statement of Revenue

Part VIII
Contributions & grants$820K · 97%
Investment income$21K · 3%
Contributions & grants97%$820K
Investment income3%$21K
Total revenueLn 12$841K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $750K · Operating expenses (Pt IX) $667K · Less non-cash grants $1K · Cash operating expenses/yr $666K
13.5 months
Where the money goes
Program services
Program services $509K · Total expenses $667K
76%
Management & General
Management & general $138K · Total expenses $667K
21%
Fundraising
Fundraising $21K · Total expenses $667K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $18K · Solicited contributions (3-yr avg) $631K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $820K · Total revenue $841K
97%
Government reliance
Government grants — · Total revenue $841K
—
Earned-income share
Program service revenue $0 · Total revenue $841K
0%
Investment reliance
Investment income $21K · Total revenue $841K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $667K
0%
Growth & trend
Revenue growth (YoY)
This year $841K · Prior year $686K
+23%
Revenue CAGR
FY2020 $173K · FY2025 $841K
+37%
Net-asset trend (YoY)
End of year $964K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $841K · Expenses $667K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
—
Net-asset ratio
Net assets $964K · Total assets $1.1M
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Maggie Hesketh · Reported title EXECUTIVE DI · Highest reported compensation $128K · Total expenses $667K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $225K · Total expenses $667K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%——
Overhead ratio 21%——
Fundraising cost ratio 3%——
Revenue growth 23%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$128,097Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maggie Hesketh’s $128K as Executive Di is at the 95th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Maggie Hesketh$128,097$97,800$90,000$65,000$5,326—
Andrea Meinema-Macklin————$52,113$44,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides new athletic shoes to local elementary students for free.

Provided by the organization

This section is blank until First Day Shoe Fund claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $509K of program spending, described in the organization's own filed words · FY2025.
01

First day shoe fund provides new athletic shoes to students at kalamazoo county public elementary schools at no cost.

$509Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 29 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $841K$667K+23% 990 PDF
FY2024 $686K$487K+47% 990 PDF
FY2023 $468K$359K+8% 990 PDF
FY2022 $434K$252K+110% 990 PDF
FY2021 $206K$160K+19% 990 PDF
FY2020 $173K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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