CLOSED LOOP FOUNDATION INC

EIN: 472452889 501(c)(3) Environment

NEW YORK, NY

Total Revenue
$400,000
Total Expenses
$400,901
Total Assets
$455,305
Net Assets
$305,305
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
DE
Principal Officer
RON GONEN
Phone
9178226476
Tax Period
2022-01-01 to 2022-12-31

CLOSED LOOP FOUNDATION INC, founded in 2013, is a small nonprofit in the Environment sector that reported $400K in total revenue in fiscal year 2022.

Mission

CLOSED LOOP FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT OF TECHNOLOGIES AND BUSINESS MODELS FOCUSED ON BUILDING THE CIRCULAR ECONOMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $400,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $400,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $400,000
Other Expenses $400,901
TOTAL EXPENSES $400,901

Year-over-Year Comparison

2022 2021 Change
Revenue $400,000 N/A N/A
Expenses $400,901 N/A N/A
Net Income $-901 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON GONEN Executive Dir. 1.00
Officer Director
$0 $0 $0
KYLE WESTAWAY Director 1.00
Director
$0 $0 $0
BRIDGET CROKE Secretary 20.00
Officer Director
$0 $0 $0
PAUL MACHT Director 1.00
Director
$0 $0 $0
ERIK AVNI Treasurer 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $400,000 $400,901 $455,305 $-901
2020 $752,500 $756,689 $318,302 $-4,189
2019 $350,000 $158,560 $342,491 $191,440
2018 $200,000 $186,176 $140,644 $13,824
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CLOSED LOOP FOUNDATION INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.