Project Loop

EIN 80-0719821 • 501(c)3 • Taylor, TX

Profile

Project loop llc. (lesson's on and off the pavement) is a 501(c)3 non- profit that consists of a network conceived to benefit youth through lessons in creativity, exercise, and hard work in a real world experience outside the classroom. We are a network comprised of creative professionals that have a desire to give back. Our goal is to build confidence, motivate, and give kids hands on experience in order to teach and prepare them for the future. The loop is not just for kids but adults who yearn to see community enhancement and improvement.

2015 W Lake DriveTaylor, TX 76574

n/A

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2014

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2014

21%

Higher net margin than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2014

151%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

-31%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets60th percentile

Assets

$19,682

Up $11,847 (+151%) from 2013

Liabilities

No earlier filing loaded for comparison.

Net Assets

$19,682

No earlier filing loaded for comparison.

Operations

Liabilities / Revenue62nd percentile Net Margin75th percentile

Revenue

Down

$56,821

Down $25,206 (-31%) from 2013

Expenses

Down

$44,974

Down $37,545 (-45%) from 2013

Net Income

$11,847

Up $12,339 (+2508%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

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

Highlighted filing

2014

Assets$19,682

Liabilities-

Net Assets$19,682

Open 2014 Filing

Operations Trend

Revenue Growth27th percentile

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

Highlighted filing

2014

Revenue$56,821

Expenses$44,974

Net Income$11,847

Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $19,682
Liabilities: -
Net assets: $19,682
Revenue: $56,821
Expenses: $44,974
Net income: $11,847

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2014Detailed filing. Detailed filing data is available for this year.	$19.7		$19.7	$56.8	$45.0	$11.8
2013Summary only. Only limited summary data is available for this year.	$7.84	$0.00		$82.0	$82.5	$0.49

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: Nov 11, 2015
Return Version: 2014v5.0
Gross Receipts: $56,821

Mission and Program Overview

Mission

Program Services

Description	Grants	Expenses
ORGANIZATION RELATED FEES NOT DIRECTLY RELATED TO FUNDRAISERS.	-	$40,359
ORGANIZATION AND FUNDRAISER EVENT EXPENSES.	-	-

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JAMES BRENT HUMPHREYS	Founder	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: Project Loop
EIN: 80-0719821
Phone: 5123526887
Address: 2015 W LAKE DRIVE, TAYLOR, TX 76574

Signing Officer

Name: James Brent Humphreys
Title: Founder
Phone: 5123526887
Signed: 2015-11-11
Discuss with paid preparer: Yes

Preparer

Firm: Texas Tax Alliance Inc
Address: PO BOX 439, LEANDER, TX 78646-0439
Preparer: Jung Lawrence
Phone: 5123354357

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 465 utilities 101 auto fuel 466 parking 25 public officials travel/entertainment 345 insurance 481 cogs - skateboards 3,030 equipment rental 788 membership 65 repairs/maintenance 4,125 storage rental 3,000 supplies 14,382 tax 46 total 27,319”

Form 990-ez, Part II, Line 24

“608 608 less accumulated depreciation 608 608 total 0 0”

Form 990-ez, Part III

“Project loop llc. (lesson's on and off the pavement) is a 501(c)3 non- profit that consists of a network conceived to benefit youth through lessons in creativity, exercise, and hard work in a real world experience outside the classroom. We are a network comprised of creative professionals that have a desire to give back. Our goal is to build confidence, motivate, and give kids hands on experience in order to teach and prepare them for the future. The loop is not just for kids but adults who yearn to see community enhancement and improvement.”

Form 990-ez, Part III, Line 31

“Organization related fees not directly related to fundraisers.”

Raw XML Appendix116 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.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	JB HUMPHREYS
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5123526887
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	2015 W LAKE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	TAYLOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	76574
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	7835
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	19682
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	56821
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	11847
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	12620
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	7835
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	19682
IRS990EZ/GrossReceiptsAmt	0	56821
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	7835
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	19682
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	7835
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	19682
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JAMES BRENT HUMPHREYS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	FOUNDER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	27319
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROJECT LOOP LLC. (LESSON'S ON AND OFF THE PAVEMENT) IS A 501(C)3 NON- PROFIT THAT CONSISTS OF A NETWORK CONCEIVED TO BENEFIT YOUTH THROUGH LESSONS IN CREATIVITY, EXERCISE, AND HARD WORK IN A REAL WORLD EXPERIENCE OUTSIDE THE CLASSROOM. WE ARE A NETWORK COMPRISED OF CREATIVE PROFESSIONALS THAT HAVE A DESIRE TO GIVE BACK. OUR GOAL IS TO BUILD CONFIDENCE, MOTIVATE, AND GIVE KIDS HANDS ON EXPERIENCE IN ORDER TO TEACH AND PREPARE THEM FOR THE FUTURE. THE LOOP IS NOT JUST FOR KIDS BUT ADULTS WHO YEARN TO SEE COMMUNITY ENHANCEMENT AND IMPROVEMENT.
IRS990EZ/PrintingPublicationsPostageAmt	0	5035
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	ORGANIZATION AND FUNDRAISER EVENT EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	ORGANIZATION RELATED FEES NOT DIRECTLY RELATED TO FUNDRAISERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	40359
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	44974
IRS990EZ/TotalProgramServiceExpensesAmt	0	40359
IRS990EZ/TotalRevenueAmt	0	56821
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	77,027
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	1	DONATIONS RECEIVED AT COMMUNITY FUNDRAISING EVENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	1	SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	56821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	5000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	61821
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt	0	77027
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	77027
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.44520
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	61821
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	56821
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	5000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	61821
IRS990ScheduleA/TotalSupportAmt	0	138848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES 465 UTILITIES 101 AUTO FUEL 466 PARKING 25 PUBLIC OFFICIALS TRAVEL/ENTERTAINMENT 345 INSURANCE 481 COGS - SKATEBOARDS 3,030 EQUIPMENT RENTAL 788 MEMBERSHIP 65 REPAIRS/MAINTENANCE 4,125 STORAGE RENTAL 3,000 SUPPLIES 14,382 TAX 46 TOTAL 27,319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	608 608 LESS ACCUMULATED DEPRECIATION 608 608 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	PROJECT LOOP LLC. (LESSON'S ON AND OFF THE PAVEMENT) IS A 501(C)3 NON- PROFIT THAT CONSISTS OF A NETWORK CONCEIVED TO BENEFIT YOUTH THROUGH LESSONS IN CREATIVITY, EXERCISE, AND HARD WORK IN A REAL WORLD EXPERIENCE OUTSIDE THE CLASSROOM. WE ARE A NETWORK COMPRISED OF CREATIVE PROFESSIONALS THAT HAVE A DESIRE TO GIVE BACK. OUR GOAL IS TO BUILD CONFIDENCE, MOTIVATE, AND GIVE KIDS HANDS ON EXPERIENCE IN ORDER TO TEACH AND PREPARE THEM FOR THE FUTURE. THE LOOP IS NOT JUST FOR KIDS BUT ADULTS WHO YEARN TO SEE COMMUNITY ENHANCEMENT AND IMPROVEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ORGANIZATION RELATED FEES NOT DIRECTLY RELATED TO FUNDRAISERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JAMES BRENT HUMPHREYS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5123526887
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	PROJECT LOOP
ReturnHeader/Filer/BusinessNameControlTxt	0	PROJ
ReturnHeader/Filer/EIN	0	800719821
ReturnHeader/Filer/PhoneNum	0	5123526887
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	2015 W LAKE DRIVE
ReturnHeader/Filer/USAddress/CityNm	0	TAYLOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	76574
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	463803092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	TEXAS TAX ALLIANCE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 439
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LEANDER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	786460439
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5123354357
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2015-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JUNG LAWRENCE
ReturnHeader/ReturnTs	0	2015-11-16T16:39:56-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-01-01
ReturnHeader/TaxPeriodEndDt	0	2014-12-31
ReturnHeader/TaxYr	0	2014