LOOMA EDUCATION CORPORATION

EIN: 843424916 501(c)(3) Education

Menlo Park, CA

Total Revenue
$382,153
Total Expenses
$399,825
Total Assets
$111,046
Net Assets
$111,046
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
Skip Stritter
Phone
6503805008
Tax Period
2025-01-01 to 2025-12-31

LOOMA EDUCATION CORPORATION, founded in 2019, is a small nonprofit in the Education sector that reported $382K in total revenue in fiscal year 2025. Revenue surged 98% from the prior year, signaling strong growth momentum.

Mission

We create technologies to improve lives in developing countries. Since 2012 we have focused on a specific goal--to create a system that can provide good educational material effectively for students and teachers in schools that are really under-resourced--those that lack reliable power, Internet, adequately trained teachers, sufficient funds and are often in remote locations that are difficult to support. We are developing this solution for Nepal, but Nepal is not alone in facing these barriers. The Looma system is open-source, so may be adopted and 'localized' to the needs of any country.

Program Service Accomplishments

Program 1
Expenses: $190,000 Revenue: $190,000

During 2025 the number of schools equipped mostly by LEC increased to 85, with around 20 more arranged by other non-profits and the US Peace Corps. Among these, three schools were fully equipped with...

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During 2025 the number of schools equipped mostly by LEC increased to 85, with around 20 more arranged by other non-profits and the US Peace Corps. Among these, three schools were fully equipped with all teachers trained to use Looma. These "Lead Schools" have the outreach responsibility for the other public schools in their community, with commitment and assistance by their local government agencies and community organizations. This mode of scaling Looma engages directly the local entities in a manner that will establish the practices needed by the government to broadly scale the system as/when it is adopted for general use. Elsewhere, nearly all the schools with one Looma have been retrofitted to have an independent solar system and a white board to ensure no power interruptions and improve the user interface.

Program 2
Expenses: $150,000 Revenue: $150,000

During 2025 the design of Looma III was completed and 100 Looma systems assembled in California by technical partners who will subsequently produce the systems closer to- and more economically for...

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During 2025 the design of Looma III was completed and 100 Looma systems assembled in California by technical partners who will subsequently produce the systems closer to- and more economically for Nepal. These are being transferred to Nepal as quickly as possible, and many are already installed and working. The labor to produce one Looma system has been reduced from roughly four days to four hours.

Program 3
Expenses: $59,659 Revenue: $59,659

The Looma Teacher Corps, a team of four regular field staff augmented by student interns has provided exceptional assistance in the form of ongoing teacher training, monitoring usage and progress...

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The Looma Teacher Corps, a team of four regular field staff augmented by student interns has provided exceptional assistance in the form of ongoing teacher training, monitoring usage and progress, and providing feedback that is used to modify the 'user interface', augment content, and encourage interest and motivation among the teachers and students. Based on what has been learned in this startup phase, a permanent media-based support system will be introduced to provide full-time visibility, updates, support and systematic encouragement throughout the Looma school network.

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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 (2025)

Revenue Breakdown

Contributions & Grants $382,153
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $382,153

Expense Breakdown

Grants Paid $352,009
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $399,659
Other Expenses $23,827
TOTAL EXPENSES $399,825

Year-over-Year Comparison

2025 2024 Change
Revenue $382,153 $193,327 +1.0%
Expenses $399,825 $79,182 +4.0%
Net Income $-17,672 $114,145 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
30

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
6
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward P Stritter Board Chair and Technical Director 45
Officer Director Key Emp
$0 $0 $0
Owen David Sowerwine CFO and Board Member 55
Officer Director Key Emp
$0 $0 $0
John L McDonnell Board Member 0.5
Officer Director
$0 $0 $0
Neela Gentile Board Member 1
Director
$0 $0 $0
Robert Fisher Board Member 0.5
Director
$0 $0 $0
Doug Molitor Board Member 0.5
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
2025 $382,153 $399,825 $111,046 $-17,672
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