Civic Intelligence

Waterloop Inc.

990EZ • Fiscal year 2022 • EIN 84-3267747

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileN/A
3301 Aster CourtWilmington, NC 28409

(443) 510-1571

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.00x

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

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Net Margin

75th percentile

40%

Higher net margin than 75% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Asset Growth

98th percentile

1402%

Faster asset growth than 98% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

19%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$77,105

Up $71,972 (+1402%) from 2021

Net Assets

Up

$77,105

Up $71,972 (+1402%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin75th percentile

Revenue

Up

$181,811

Up $28,951 (+19%) from 2021

Expenses

Down

$109,839

Down $41,161 (-27%) from 2021

Net Income

Up

$71,972

Up $70,112 (+3769%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$80K$60K$40K$20K$0Assets 2020: $3,273Liabilities 2020: $0Net Assets 2020: $3,2732020Assets 2021: $5,133Liabilities 2021: $0Net Assets 2021: $5,1332021Assets 2022: $77,105Liabilities 2022: $0Net Assets 2022: $77,1052022Assets 2024: $19,813Liabilities 2024: $19,813Net Assets 2024: $02024

Highlighted filing

2022

Assets$77,105
Liabilities$0
Net Assets$77,105
Open 2022 Filing

Operations Trend

Revenue Growth60th percentile

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

$400K$200K$0-$200KRevenue 2020: $100,000Expenses 2020: $96,727Net Income 2020: $3,2732020Revenue 2021: $152,860Expenses 2021: $151,000Net Income 2021: $1,8602021Revenue 2022: $181,811Expenses 2022: $109,839Net Income 2022: $71,9722022Revenue 2024: $234,463Expenses 2024: $353,100Net Income 2024: -$118,6372024

Highlighted filing

2022

Revenue$181,811
Expenses$109,839
Net Income$71,972
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$181,811
Mission and Program Overview

Mission

Waterloop is a nonprofit media outlet presenting podcasts, videos, and social media content focused on exploring water solutions. Waterloop aims to educate, motivate, and empower action to advance water sustainability and human well-being.

Program Services

DescriptionGrantsExpenses
Waterloop is a nonprofit media outlet presenting podcasts, videos, and social media content focused on exploring water solutions. Waterloop aims to educate, motivate, and empower action to advance water sustainability and human well-being.$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike McGillDirectorPT$0--
Noah SabichDirectorPT$0--
Travis LoopPresidentFT$0--
Ellen GilinskyTreasurerPT$0--
Baron SekiyaSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Waterloop Inc
EIN
84-3267747
Phone
4435101571
Address
3301 Aster Court, Wilmington, NC 28409

Signing Officer

Name
Travis Loop
Title
President
Phone
4435101571
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Earney & Company LLP
Address
710 Military Cutoff Road Suite 250, Wilmington, NC 28405
Preparer
Ryan Skuce CPA
Phone
9102569995
Supplemental Narrative

Additional Explanations

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

“Description: Travel. Amount: 5,000. Description: Graphic Design. Amount: 4,000. Description: Advertising. Amount: 500. Description: Digital/Computer Services. Amount: 5,000. Description: Equipment. Amount: 3,000. Description: Office Supplies. Amount: 500. Description: Other Program Expenses. Amount: 11,839. Total to Form 990-EZ, line 16: 29,839.”

Raw XML Appendix157 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/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028409
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mike McGill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Noah Sabich
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Travis Loop
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Ellen Gilinsky
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Baron Sekiya
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt029839
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Waterloop is a nonprofit media outlet presenting podcasts, videos, and social media content focused on exploring water solutions. Waterloop aims to educate, motivate, and empower action to advance water sustainability and human well-being.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Waterloop is a nonprofit media outlet presenting podcasts, videos, and social media content focused on exploring water solutions. Waterloop aims to educate, motivate, and empower action to advance water sustainability and human well-being.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0109839
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IRS990EZ/TotalRevenueAmt0181811
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0181811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0152860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0101000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0435671
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0435671
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0181811
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0435671
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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: Travel. Amount: 5,000. Description: Graphic Design. Amount: 4,000. Description: Advertising. Amount: 500. Description: Digital/Computer Services. Amount: 5,000. Description: Equipment. Amount: 3,000. Description: Office Supplies. Amount: 500. Description: Other Program Expenses. Amount: 11,839. Total to Form 990-EZ, line 16: 29,839.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
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
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TRAVIS LOOP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04435101571
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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ReturnHeader/Filer/EIN0843267747
ReturnHeader/Filer/PhoneNum04435101571
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561719839
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028405
ReturnHeader/PreparerPersonGrp/PhoneNum09102569995
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan Skuce CPA
ReturnHeader/ReturnTs02023-11-15T14:00:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TRAVIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOOP
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,105
Liabilities
$0
Net assets
$77,105
Revenue
$181,811
Expenses
$109,839
Net income
$71,972
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.00$2.34$3.53$1.19
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$1.82$1.10$0.72
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.53$1.51$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$1.00$0.97$0.03