LOOPTFOUNDATION (EIN 823282985) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

SANDY PRESSLEY

Phone

5039720168

Tax Period

2023-01-01 to 2023-12-31

LOOPTFOUNDATION, founded in 2018, is a micro nonprofit in the Environment sector that reported $78K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $68K left a modest 13% surplus.

Mission

PROVIDE RESEARCH, EDUCATION AND INNOVATIVE SOLUTIONS FOR THE REPURPOSING OF MATERIALS AND CREATION OF NEW PROCESSES IN ORDER TO KEEP HIGH QUALITY MATERIALS OUT OF THE WASTE STREAM.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $65,300

Program Service Revenue $12,731

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,494

Fundraising Expenses $0

Other Expenses $31,245

TOTAL EXPENSES $67,739

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,031	$121,398	-0.4%
Expenses	$67,739	$109,464	-0.4%
Net Income	$10,292	$11,934	-0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$33,000

Total Directors

$33,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT WELCH	EXECUTIVE DI	30.00	Officer Director	$33,000	$0	$33,000
REGAN NELSON	SECRETARY	N/A	Officer Director	$0	$0	$0
SANDY PRESSLEY	CHAIR	N/A	Officer Director	$0	$0	$0
LAUREN SMITH	TREASURER	N/A	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
2023	$78,031	$67,739	$16,567	$10,292
2022	$121,398	$109,464	$4,116	$11,934
2021	$16,408,583	$16,359,020	$56,493	$49,563
2020	$6,891	$5,730	$2,112	$1,161
2019	No data	$850	$951	No data
2018	$200,000	$256,924	$3,176	$-56,924

LOOPTFOUNDATION