Civic Intelligence

Closed Loop Foundation Inc

EIN 47-2452889 • 501(c)3 • New York, NY

Profile

Closed loop foundation supports research and development of technologies and business models focused on building the circular economy.

888 Seventh Avenue 10 FloorNew York, NY 10106

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

28th percentile

-5.2%

Higher net margin than 28% of similar nonprofits.

NTEE C • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE C • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-1.8%

Faster asset growth than 44% of similar nonprofits.

NTEE C • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-32%

Faster revenue growth than 26% of similar nonprofits.

NTEE C • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$300,959

Down $5,365 (-1.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$300,959

Down $5,365 (-1.8%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin28th percentile

Revenue

Down

$103,063

Down $48,725 (-32%) from 2023

Expenses

Down

$108,428

Down $42,341 (-28%) from 2023

Net Income

Down

-$5,365

Down $6,384 (-626%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2016: $470,817Liabilities 2016: $5,000Net Assets 2016: $465,8172016Assets 2017: $303,152Liabilities 2017: $185,925Net Assets 2017: $117,2272017Assets 2018: $140,644Liabilities 2018: $9,593Net Assets 2018: $131,0512018Assets 2019: $342,491Liabilities 2019: $20,000Net Assets 2019: $322,4912019Assets 2020: $318,302Liabilities 2020: $0Net Assets 2020: $318,3022020Assets 2021: $456,206Liabilities 2021: $150,000Net Assets 2021: $306,2062021Assets 2022: $455,305Liabilities 2022: $150,000Net Assets 2022: $305,3052022Assets 2023: $306,324Net Assets 2023: $306,3242023Assets 2024: $300,959Net Assets 2024: $300,9592024

Highlighted filing

2024

Assets$300,959
Liabilities-
Net Assets$300,959
Open 2024 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2016: $285,000Expenses 2016: $531,652Net Income 2016: -$246,6522016Revenue 2017: $385,000Expenses 2017: $733,590Net Income 2017: -$348,5902017Revenue 2018: $200,000Expenses 2018: $186,176Net Income 2018: $13,8242018Revenue 2019: $350,000Expenses 2019: $158,560Net Income 2019: $191,4402019Revenue 2020: $752,500Expenses 2020: $756,689Net Income 2020: -$4,1892020Revenue 2021: $150,000Expenses 2021: $162,096Net Income 2021: -$12,0962021Revenue 2022: $400,000Expenses 2022: $400,901Net Income 2022: -$9012022Revenue 2023: $151,788Expenses 2023: $150,769Net Income 2023: $1,0192023Revenue 2024: $103,063Expenses 2024: $108,428Net Income 2024: -$5,3652024

Highlighted filing

2024

Revenue$103,063
Expenses$108,428
Net Income-$5,365
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$300,959
Liabilities
-
Net assets
$300,959
Revenue
$103,063
Expenses
$108,428
Net income
-$5,365
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.01$3.01$1.03$1.08$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.06$3.06$1.52$1.51$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.55$1.50$3.05$4.00$4.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$4.56$1.50$3.06$1.50$1.62$0.12
2020Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$7.53$7.57$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.42$0.20$3.22$3.50$1.59$1.91
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.10$1.31$2.00$1.86$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.03$1.86$1.17$3.85$7.34$3.49
2016Detailed filing. Detailed filing data is available for this year.$4.71$0.05$4.66$2.85$5.32$2.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 15, 2026
Return Version
2024v5.2
Gross Receipts
$103,063
Mission and Program Overview

Mission

Closed loop foundation supports research and development of technologies and business models focused on building the circular economy.

Program Services

DescriptionGrantsExpenses
To support the Foundations reusable packaging research. Our research will includepre- and post-pilot surveys to the target community, consumer intercepts at pilot stores, in-store observations, shop-alongs, and focus group discussions, culminating in a public-facing report.-$98,500
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON GONENExecutive Director-$0--
KYLE WESTAWAYDirector-$0--
BRIDGET CROKESecretary-$0--
PAUL MACHTDirector-$0--
ERIK AVNITreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Closed Loop Foundation Inc
EIN
47-2452889
Phone
9178226476
Address
888 SEVENTH AVENUE 10 FLOOR, NEW YORK, NY 10106

Signing Officer

Name
Ron Gonen
Title
Director
Signed
2026-01-15
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $935”

Other Expenses.1

“CONSULTANTS $98500”

Other Expenses.2

“FILING FEES $125”

Other Expenses.3

“BANK FEES $114”

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt099674
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CLOSED LOOP FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT OF TECHNOLOGIES AND BUSINESS MODELS FOCUSED ON BUILDING THE CIRCULAR ECONOMY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To support the Foundations reusable packaging research. Our research will includepre- and post-pilot surveys to the target community, consumer intercepts at pilot stores, in-store observations, shop-alongs, and focus group discussions, culminating in a public-facing report.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt098500
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0100000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $935
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0472452889
ReturnHeader/Filer/PhoneNum09178226476
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ReturnHeader/Filer/USAddress/ZIPCd010106
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02026-01-15T08:58:09-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.