Loop Lab Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 133,221 | 199,902 | −66,681 | 4.2 | — |
| 2020 | 381,557 | 334,999 | 46,558 | 4.7 | 35% |
| 2021 | 870,079 | 632,222 | 237,857 | 7.0 | 24% |
| 2022 | 1,299,082 | 777,613 | 521,469 | 13.7 | 38% |
| 2023 | 788,597 | 1,138,955 | −350,358 | 5.7 | 41% |
In its most recent public year (2023), this organization spent $350,358 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 4.2 in 2019. Staff pay was 41% of spending. $203,333 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Loop Lab Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works