Civic Intelligence

Loft Us

990EZ • Fiscal year 2021 • EIN 81-4353194

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

Organization ProfileLOFTACADEMY.ORG
500 Center StEl Segundo, CA 90245

(310) 350-9991

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

66th percentile

21%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

697%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

63rd percentile

22%

Faster revenue growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$75,597

Up $66,106 (+697%) from 2020

Net Assets

Up

$75,597

Up $66,106 (+697%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin66th percentile

Revenue

Up

$194,851

Up $35,383 (+22%) from 2020

Expenses

Down

$153,851

Down $9,886 (-6.0%) from 2020

Net Income

Up

$41,000

Up $45,269 (+1060%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$200K$150K$100K$50K$0Assets 2019: $13,760Liabilities 2019: $0Net Assets 2019: $13,7602019Assets 2020: $9,491Liabilities 2020: $0Net Assets 2020: $9,4912020Assets 2021: $75,597Liabilities 2021: $0Net Assets 2021: $75,5972021Assets 2022: $101,228Liabilities 2022: $0Net Assets 2022: $101,2282022Assets 2023: $153,006Liabilities 2023: $550Net Assets 2023: $152,4562023Assets 2024: $107,704Liabilities 2024: $0Net Assets 2024: $107,7042024

Highlighted filing

2021

Assets$75,597
Liabilities$0
Net Assets$75,597
Open 2021 Filing

Operations Trend

Revenue Growth63rd percentile

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

$400K$200K$0-$200KRevenue 2019: $198,662Expenses 2019: $194,328Net Income 2019: $4,3342019Revenue 2020: $159,468Expenses 2020: $163,737Net Income 2020: -$4,2692020Revenue 2021: $194,851Expenses 2021: $153,851Net Income 2021: $41,0002021Revenue 2022: $246,762Expenses 2022: $221,131Net Income 2022: $25,6312022Revenue 2023: $362,397Expenses 2023: $313,122Net Income 2023: $49,2752023Revenue 2024: $329,573Expenses 2024: $374,325Net Income 2024: -$44,7522024

Highlighted filing

2021

Revenue$194,851
Expenses$153,851
Net Income$41,000
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.2
Gross Receipts
$194,851
Mission and Program Overview

Mission

To develop joyful learners. We stand by the importance of critical thinking, independence, and empathy in a 21st century global world. Our goals are not through standardized testing, rather through intuitive self-evaluation and (if desired) presenting their progress for parents and peers. At the loft we ignite a passion for education in the whole child through: project based learning, driving questions and self direction.

Program Services

DescriptionGrantsExpenses
EDUCATION SERVICES - VARIOUS CLASSES THAT BENEFIT LOCAL CHILDREN PROVIDING CLASSROOM AND ONE-ONE LEARNING OPPORTUNITIES.$0$126,713
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDSEY BUTTLESSecretary-$0--
DAVE KINGCFO-$0--
MARDI NORMANExecutive Director/PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
The Loft US
EIN
81-4353194
Phone
3103509991
Address
500 CENTER ST, EL SEGUNDO, CA 90245

Signing Officer

Name
Mardi Norman
Title
Executive Director/president
Phone
3103509991
Signed
2022-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Baker Tilly US Llp
Address
18500 VON KARMAN AVE 10TH FLOOR, IRVINE, CA 92612
Preparer
Brian Yacker
Phone
9492222999
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: office expense. Amount: 7,701. Description: repairs and maintenance. Amount: 2,373. Description: insurance. Amount: 2,297. Description: payroll fees. Amount: 2,254. Total to form 990-ez, line 16: 14,625.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: prior period adjustment. Amount: 25,106.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 39,585.”

Raw XML Appendix175 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum03103509991
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 CENTER ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EL SEGUNDO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090245
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09491
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036012
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt028000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt041000
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027352
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09491
IRS990EZ/Form990TotalAssetsGrp/EOYAmt075597
IRS990EZ/GrossReceiptsAmt0194851
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09491
IRS990EZ/NetAssetsOrFundBalancesEOYAmt075597
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09491
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt075597
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LINDSEY BUTTLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVE KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARDI NORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE DIRECTOR/PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt039585
IRS990EZ/OtherChangesInNetAssetsAmt025106
IRS990EZ/OtherExpensesTotalAmt014625
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO DEVELOP JOYFUL LEARNERS. WE STAND BY THE IMPORTANCE OF CRITICAL THINKING, INDEPENDENCE, AND EMPATHY IN A 21ST CENTURY GLOBAL WORLD. OUR GOALS ARE NOT THROUGH STANDARDIZED TESTING, RATHER THROUGH INTUITIVE SELF-EVALUATION AND (IF DESIRED) PRESENTING THEIR PROGRESS FOR PARENTS AND PEERS. AT THE LOFT WE IGNITE A PASSION FOR EDUCATION IN THE WHOLE CHILD THROUGH: PROJECT BASED LEARNING, DRIVING QUESTIONS AND SELF DIRECTION.
IRS990EZ/ProgramServiceRevenueAmt0166851
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATION SERVICES - VARIOUS CLASSES THAT BENEFIT LOCAL CHILDREN PROVIDING CLASSROOM AND ONE-ONE LEARNING OPPORTUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0126713
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0111874
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0153851
IRS990EZ/TotalProgramServiceExpensesAmt0126713
IRS990EZ/TotalRevenueAmt0194851
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0LOFTACADEMY.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt028000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt023500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt071600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0166851
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0135968
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0173062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0119167
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt044412
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0639460
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95780
IRS990ScheduleA/PublicSupportPY509Pct00.96130
IRS990ScheduleA/PublicSupportTotal509Amt0681060
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt030000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0194851
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0159468
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0193162
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0119167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt044412
IRS990ScheduleA/Total509Grp/TotalAmt0711060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0194851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0159468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0193162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0119167
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt044412
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0711060
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSE. AMOUNT: 7,701. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 2,373. DESCRIPTION: INSURANCE. AMOUNT: 2,297. DESCRIPTION: PAYROLL FEES. AMOUNT: 2,254. TOTAL TO FORM 990-EZ, LINE 16: 14,625.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 25,106.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 39,585.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARDI NORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03103509991
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LOFT US
ReturnHeader/Filer/BusinessNameControlTxt0LOFT
ReturnHeader/Filer/EIN0814353194
ReturnHeader/Filer/PhoneNum03103509991
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 CENTER ST
ReturnHeader/Filer/USAddress/CityNm0EL SEGUNDO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090245
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018500 VON KARMAN AVE 10TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092612
ReturnHeader/PreparerPersonGrp/PhoneNum09492222999
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN YACKER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T20:45:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARDI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NORMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$75,597
Liabilities
$0
Net assets
$75,597
Revenue
$194,851
Expenses
$153,851
Net income
$41,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$3.30$3.74$0.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.01$1.52$3.62$3.13$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$2.47$2.21$0.26
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.95$1.54$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$1.59$1.64$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$1.99$1.94$0.04