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Nonprofit · EIN 92-3221165

LOOP INC

Tax-exempt · BALTIMORE, MD 21202

Financials

$15K$9K2023
Revenue Expenses · by fiscal year end
Financials of LOOP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$15,000$8,787$6,213$6,213$0$6,213
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$15,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$8,787

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$6,213
Total liabilities, end of year
$0
Net assets, end of year
$6,213
Net assets without donor restrictions
$6,213
Gross receipts
$15,000
Employees
0
Year formed
2023
State of legal domicile
MD

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
PARKER BRATTONPRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
509 S EXETER ST STE 345, BALTIMORE, MD 21202-4365
Signed the 990
PARKER BRATTON, PRESIDENT
Return prepared by
MP Tax Solutions LLC

Mission

To provide the youth of Baltimore with caddie training, leadership development, and life skills. Our program offers participants the opportunity to build valuable relationships and experience activities that will benefit their futures.

990 for the year ended December 31, 2023

Program accomplishments

  • LOOP INC HAD THEIR FIST SUMMER PROGRAM WHERE FOUR PARTICIPANTS CATTIED 25 TIMES EACH AT WOOD HOLME COUNTRY CLUB.
    Expenses $8,787

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
92-3221165
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
2024
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$6,213
Income (IRS master file)
$15,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$15,000$8,787$6,213XML

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 92-3221165).

Questions about LOOP INC

What is the EIN of LOOP INC?
The employer identification number (EIN) of LOOP INC is 92-3221165.
Is LOOP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to LOOP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOOP INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LOOP 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 LOOP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who are the officers and directors of LOOP INC?
The 990 for the year ended December 31, 2023 lists 1 person; 0 received compensation from the organization.
How much revenue does LOOP INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $15,000, expenses of $8,787 and total assets of $6,213 at year end.

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