LOOP NOLA

EIN: 475432248 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$413,277
Total Expenses
$393,061
Total Assets
$151,938
Net Assets
$134,563
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
LA
Principal Officer
HEATHER WEST
Phone
5043305369
Tax Period
2023-07-01 to 2024-06-30

LOOP NOLA, founded in 2015, is a small nonprofit in the Education sector that reported $413K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $393K left a modest 5% surplus.

Mission

TO ADDRESS THE LACK OF CRITICAL CONNECTIONS TO NATURE AND LIFE SKILLS NEEDED BEYOND HIGH SCHOOL, LOOP NOLA PROVIDES DYNAMIC OUTDOOR EXPERIENCES THAT DEVELOP SOCIAL, EMOTIONAL AND ACADEMIC SKILLS FOR URBAN CHILDREN AND YOUTH. LOOP NOLA BUILDS STUDENTS' SELF-CONFIDENCE AND CHARACTER BY EMPOWERING THEM THROUGH PHYSICAL AND MENTAL CHALLENGES, OFFERING POSITIVE ALTERNATIVES TO VIOLENCE AND POVERTY, AND FOSTERING A DYNAMIC AND LASTING RELATIONSHIP WITH THE OUTDOORS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $231,677
Program Service Revenue $171,541
Investment Income $0
Other Revenue $10,059
TOTAL REVENUE $413,277

Expense Breakdown

Grants Paid $0
Salaries & Benefits $231,496
Fundraising Expenses $39,304
Program Expenses $275,144
Other Expenses $161,565
TOTAL EXPENSES $393,061

Year-over-Year Comparison

2023 2022 Change
Revenue $413,277 $233,923 +0.8%
Expenses $393,061 $299,800 +0.3%
Net Income $20,216 $-65,877 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
Employees
12
Volunteers
15

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
4
$68,863
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN LOVETT BOARD CHAIR 0.50
Officer Director
$0 $0 $0
CLAY BEERY SECRETARY 0.50
Officer Director
$0 $0 $0
JESSICA IRVING-MARINLMSW BOARD MEMBER 0.50
Director
$0 $0 $0
CLAUDIA BARKER BOARD MEMBER 0.50
Director
$0 $0 $0
VALERIE BODET BOARD MEMBER 0.50
Director
$0 $0 $0
NATRANG BROOKS STANLEY BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE COURSEAULT BOARD MEMBER 0.50
Director
$0 $0 $0
DR ERIC NELSON VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MARGARET SAIK BOARD MEMBER 0.50
Director
$0 $0 $0
NEIL WILLIAMS BOARD MEMBER 0.50
Director
$0 $0 $0
MAURICIO SIERRA BOARD MEMBER 0.50
Director
$0 $0 $0
HEATHER WEST EXECUTIVE DIRECTOR 40.00
Officer
$58,549 $10,314 $68,863
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
2025 No data No data No data No data
2024 $413,277 $393,061 $151,938 $20,216
2023 $233,923 $299,800 $88,183 $-65,877
2022 $303,590 $261,490 $124,843 $42,100
2021 $256,775 $247,019 $111,754 $9,756
2020 $244,844 $253,473 $106,041 $-8,629
2019 $270,187 $262,813 $81,020 $7,374
2018 $193,187 $229,743 $79,046 $-36,556
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