Nonprofit · EIN 92-3221165
LOOP INC
Tax-exempt · BALTIMORE, MD 21202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PARKER BRATTON | PRESIDENT 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
- Website
- THELOOPBALTIMORE.ORG
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 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)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $6,213
- Income (IRS master file)
- $15,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $15,000 | $8,787 | $6,213 | XML |
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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