Civic Intelligence

Loop Nola

990 • Fiscal year 2024 • EIN 47-5432248

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 13, 2025

1 Palm DrNew Orleans, LA 70124

(504) 330-5369

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$68,863

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

89th percentile

72%

Faster asset growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

77%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$151,938

Up $63,755 (+72%) from 2023

Net Assets

Up

$134,563

Up $79,219 (+143%) from 2023

Liabilities

Down

$17,375

Down $15,464 (-47%) from 2023

Revenue

Up

$413,277

Up $179,354 (+77%) from 2023

Expenses

Up

$393,061

Up $93,261 (+31%) from 2023

Net Income

Up

$20,216

Up $86,093 (+131%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2015: $90,801Liabilities 2015: $75,506Net Assets 2015: $15,2952015Assets 2016: $90,801Liabilities 2016: $75,506Net Assets 2016: $15,2952016Assets 2017: $118,098Liabilities 2017: $35,898Net Assets 2017: $82,2002017Assets 2018: $79,046Liabilities 2018: $90Net Assets 2018: $78,9562018Assets 2019: $81,020Liabilities 2019: $2,025Net Assets 2019: $78,9952019Assets 2020: $106,041Liabilities 2020: $35,675Net Assets 2020: $70,3662020Assets 2021: $111,754Liabilities 2021: $32,633Net Assets 2021: $79,1212021Assets 2022: $124,843Liabilities 2022: $3,622Net Assets 2022: $121,2212022Assets 2023: $88,183Liabilities 2023: $32,839Net Assets 2023: $55,3442023Assets 2024: $151,938Liabilities 2024: $17,375Net Assets 2024: $134,5632024

Highlighted filing

2024

Assets$151,938
Liabilities$17,375
Net Assets$134,563

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $91,879Expenses 2015: $84,898Net Income 2015: $6,9812015Revenue 2016: $91,879Expenses 2016: $84,898Net Income 2016: $6,9812016Revenue 2017: $247,666Expenses 2017: $197,771Net Income 2017: $49,8952017Revenue 2018: $193,187Expenses 2018: $229,743Net Income 2018: -$36,5562018Revenue 2019: $270,187Expenses 2019: $262,813Net Income 2019: $7,3742019Revenue 2020: $244,844Expenses 2020: $253,473Net Income 2020: -$8,6292020Revenue 2021: $256,775Expenses 2021: $247,019Net Income 2021: $9,7562021Revenue 2022: $303,590Expenses 2022: $261,490Net Income 2022: $42,1002022Revenue 2023: $233,923Expenses 2023: $299,800Net Income 2023: -$65,8772023Revenue 2024: $413,277Expenses 2024: $393,061Net Income 2024: $20,2162024

Highlighted filing

2024

Revenue$413,277
Expenses$393,061
Net Income$20,216
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 13, 2025
Return Version
2023v6.0
Gross Receipts
$413,277
Mission and Program Overview

Mission

Loop nola is a nonprofit organization whose mission is to provide positive, life-changing outdoor experiences for children and youth in greater new orleans.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$76,519$113,887▲ $37,368
Accounts Receivable$10,073$21,460▲ $11,387
Savings and Temporary Cash Investments-$15,000-
Prepaid Expenses and Deferred Charges$1,591$1,591→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$88,183$151,938▲ $63,755
Liabilities
Accounts Payable and Accrued Expenses$32,839$17,375▼ $15,464
Total Liabilities$32,839$17,375▼ $15,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$39,344$124,453▲ $85,109
Net Assets With Donor Restrictions$16,000$10,110▼ $5,890
Total Net Assets Fund Balance$55,344$134,563▲ $79,219
Total Liabilities and Net Assets / Fund Balance$88,183$151,938▲ $63,755

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$4,830$4,830
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather WestExecutive DirectorFT$58,549$10,314$68,863

Board Members and Trustees

NameTitle
John LovettBoard Chair
Dr Eric NelsonVice President
Claudia BarkerBoard Member
Jessica Irving-marinlmswBoard Member
Margaret SaikBoard Member
Mauricio SierraBoard Member
Michelle CourseaultBoard Member
Natrang Brooks StanleyBoard Member
Neil WilliamsBoard Member
Valerie BodetBoard Member
Clay BeerySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$231,677
Program Service Revenue
$171,541
Investment Income
$0
Other Revenue
$10,059
All Other Contributions
$231,677
Change in Net Assets
$20,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$413,277
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$44,308
Total Revenue per Audited Statements
$457,585
Total Revenue per Form 990
$413,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,496
Other Expenses$161,565
Total Fundraising Expense$39,304
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$105,941$30,269$15,134$151,344
Current Officers, Directors, Trustees, and Key Employees$40,984$11,710$5,855$58,549
Insurance$29,722$8,492$4,246$42,460
Occupancy$21,315$6,090$3,045$30,450
Fees for Services Accounting$19,902$5,686$2,843$28,431
Travel$15,278$4,365$2,183$21,826
Payroll Taxes$10,548$3,014$1,507$15,069
Office Expenses$4,778$1,365$682$6,825
Other Employee Benefits$4,574$1,307$653$6,534
Other Expenses$2,113$604$301$3,018
Interest$280$80$40$400
Total Functional Expenses$275,144$78,613$39,304$393,061

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$393,061
Total Expenses per Audited Statements$393,061
Total Expenses per Form 990$393,061
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,918
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors reviews form 990 before it is filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Loop Nola
EIN
47-5432248
Phone
5043305369
Address
1 PALM DR, NEW ORLEANS, LA 70124

Signing Officer

Name
Heather West
Title
Executive Director
Phone
5043305369
Signed
2025-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather West
Formed
2015
Legal Domicile
La
Voting Board Members
11
Independent Board Members
11
Employees
12
Volunteers
15

Preparer

Firm
Ericksen Krentel Llp
Address
4227 CANAL STREET, NEW ORLEANS, LA 70119
Preparer
Jeremy Thibodeaux CPA
Phone
5044867275
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To address the lack of critical connections to nature and life skills needed beyond high school, loop nola provides dynamic outdoor experiences that develop social, emotional and academic skills for urban children and youth. Loop nola builds students' self-confidence and character by empowering them through physical and mental challenges, offering positive alternatives to violence and poverty, and fostering a dynamic and lasting relationship with the outdoors.

FORM 990, PART XII, LINE 2C:

The process has not changed from year to year.

Financial Statement Notes

PART X, LINE 2:

Loop nola's evaluation as of june 30, 2024 revealed no tax positions that would have a material impact on the financial statements. The 2021 through 2023 tax years remain subject to examination by the irs. Loop nola does not believe that any reasonably possible changes will occur within the next twelve months that will have a material impact on the financial statements.

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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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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01507
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03014
IRS990/PayrollTaxesGrp/ProgramServicesAmt010548
IRS990/PayrollTaxesGrp/TotalAmt015069
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01591
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01591
IRS990/PrincipalOfficerNm0HEATHER WEST
IRS990/PriorPeriodAdjustmentsAmt014695
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0171541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0171541
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0120127
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt020
IRS990/PYOtherExpensesAmt084172
IRS990/PYOtherRevenueAmt013156
IRS990/PYProgramServiceRevenueAmt0100620
IRS990/PYRevenuesLessExpensesAmt0-65877
IRS990/PYSalariesCompEmpBnftPaidAmt0215628
IRS990/PYTotalExpensesAmt0299800
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0233923
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt020216
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0171682
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0231677
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0120127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0193610
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0142995
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0184549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0872958
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0181459
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0100620
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0106403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt068940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt054628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0512050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0141
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02652
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0139
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02973
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95430
IRS990ScheduleA/PublicSupportPY509Pct00.94890
IRS990ScheduleA/PublicSupportTotal509Amt01324520
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt060488
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt060488
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt060488
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt060488
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0413136
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0220747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0300013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0211935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0239177
IRS990ScheduleA/Total509Grp/TotalAmt01385008
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0413277
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0220767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0300054
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0214587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0239316
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01388001
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt044308
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04830
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04830
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0393061
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt044308
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0413277
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOOP NOLA'S EVALUATION AS OF JUNE 30, 2024 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE 2021 THROUGH 2023 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE IRS. LOOP NOLA DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0393061
IRS990ScheduleD/TotalRevenuePerForm990Amt0413277
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0457585
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0393061
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ADDRESS THE LACK OF CRITICAL CONNECTIONS TO NATURE AND LIFE SKILLS NEEDED BEYOND HIGH SCHOOL, LOOP NOLA PROVIDES DYNAMIC OUTDOOR EXPERIENCES THAT DEVELOP SOCIAL, EMOTIONAL AND ACADEMIC SKILLS FOR URBAN CHILDREN AND YOUTH. LOOP NOLA BUILDS STUDENTS' SELF-CONFIDENCE AND CHARACTER BY EMPOWERING THEM THROUGH PHYSICAL AND MENTAL CHALLENGES, OFFERING POSITIVE ALTERNATIVES TO VIOLENCE AND POVERTY, AND FOSTERING A DYNAMIC AND LASTING RELATIONSHIP WITH THE OUTDOORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM YEAR TO YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt088183
IRS990/TotalAssetsEOYAmt0151938
IRS990/TotalAssetsGrp/BOYAmt088183
IRS990/TotalAssetsGrp/EOYAmt0151938
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0231677
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt039304
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078613

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