Nonprofit · EIN 84-3267747
WATERLOOP INC
Tax-exempt · WILMINGTON, NC 28409
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $234,463 | $353,100 | -$118,637 | $19,813 | $19,813 | $0 |
| December 31, 2023 | 990-EZ | $81,250 | $59,531 | $21,719 | $99,966 | $1,142 | $98,824 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $234,463
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $353,100
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $19,813
- Total liabilities, end of year
- $19,813
- Net assets, end of year
- $0
- Gross receipts
- $234,463
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2019
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Travis Loop | President Trustee or director | 40 | $0 |
| Mike McGill | Director Trustee or director | 5 | $0 |
| Noah Sabich | Director Trustee or director | 5 | $0 |
| Ellen Gilinsky | Treasurer Trustee or director | 5 | $0 |
| Baron Sekiya | Secretary Trustee or director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike McGill | Director | 5 | $0 |
| Noah Sabich | Director | 5 | $0 |
| Travis Loop | President | 40 | $0 |
| Ellen Gilinsky | Treasurer | 5 | $0 |
| Baron Sekiya | Secretary | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3301 ASTER CT, WILMINGTON, NC 28409-2558
- In care of
- % TRAVIS LOOP
- Principal officer (990 for 2024)
- Travis Loop, 3301 Aster Court, Wilmington, NC 28409
- Signed the 990
- Travis Loop, President
- Phone
- (443) 510-1571
- Return prepared by
- Jon T Vincent CPA PC
Mission
Waterloop is a nonprofit media outlet presenting podcasts, videos, and social media content focused on exploring water solutions. Waterloop aims to educate, motivate,and empower.
Program accomplishments
- Program RevenueExpenses $353,100 · revenue $234,400
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-3267747
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C32)
- Assets (IRS master file)
- $19,813
- Income (IRS master file)
- $234,463
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $234,463 | $353,100 | $19,813 | XML |
| 990-EZ | December 2023 | $81,250 | $59,531 | $99,966 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-3267747).
Questions about WATERLOOP INC
- What is the EIN of WATERLOOP INC?
- The employer identification number (EIN) of WATERLOOP INC is 84-3267747.
- Is WATERLOOP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to WATERLOOP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERLOOP INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WATERLOOP INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WATERLOOP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WATERLOOP INC?
- The 990 for the year ended December 31, 2024 names Travis Loop.
- Who are the officers and directors of WATERLOOP INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does WATERLOOP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $234,463, expenses of $353,100 and total assets of $19,813 at year end.
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