Civic Intelligence

Waterloop Inc.

990EZ • Fiscal year 2023 • EIN 84-3267747

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

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

68th percentile

0.01x

Higher debt load relative to assets than 68% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Net Margin

65th percentile

27%

Higher net margin than 65% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Asset Growth

76th percentile

30%

Faster asset growth than 76% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

13th percentile

-55%

Faster revenue growth than 13% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$99,966

Up $22,861 (+30%) from 2022

Net Assets

Up

$98,824

Up $21,719 (+28%) from 2022

Liabilities

Up

$1,142

Up $1,142 from 2022

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin65th percentile

Revenue

Down

$81,250

Down $100,561 (-55%) from 2022

Expenses

Down

$59,531

Down $50,308 (-46%) from 2022

Net Income

Down

$21,719

Down $50,253 (-70%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$100K$50K$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 2023: $99,966Liabilities 2023: $1,142Net Assets 2023: $98,8242023Assets 2024: $19,813Liabilities 2024: $19,813Net Assets 2024: $02024

Highlighted filing

2023

Assets$99,966
Liabilities$1,142
Net Assets$98,824
Open 2023 Filing

Operations Trend

Revenue Growth13th 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 2023: $81,250Expenses 2023: $59,531Net Income 2023: $21,7192023Revenue 2024: $234,463Expenses 2024: $353,100Net Income 2024: -$118,6372024

Highlighted filing

2023

Revenue$81,250
Expenses$59,531
Net Income$21,719
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$81,250
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 Pay83rd 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
2024-11-14
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: Other Program Expenses. Amount: 5,094. Description: Payroll Taxes. Amount: 4,163. Description: QuickBooks Payment Fees. Amount: 274. Total to Form 990-EZ, line 16: 9,531.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: . Beg. of Year Amount: 0. End of Year Amount: 1,142.”

Raw XML Appendix151 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Travis Loop
IRS990EZ/BooksInCareOfDetail/PhoneNum04435101571
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03301 Aster Court
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028409
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077105
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt099966
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt081250
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt021719
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt050000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077105
IRS990EZ/Form990TotalAssetsGrp/EOYAmt099966
IRS990EZ/GrossReceiptsAmt081250
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077105
IRS990EZ/NetAssetsOrFundBalancesEOYAmt098824
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077105
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt098824
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt240.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09531
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
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01142
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt059531
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt081250
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0181811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0101000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0516921
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0516921
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt081250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0181811
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0101000
IRS990ScheduleA/Total509Grp/TotalAmt0516921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt081250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0181811
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0101000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0516921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Other Program Expenses. Amount: 5,094. Description: Payroll Taxes. Amount: 4,163. Description: QuickBooks Payment Fees. Amount: 274. Total to Form 990-EZ, line 16: 9,531.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: . Beg. of Year Amount: 0. End of Year Amount: 1,142.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TRAVIS LOOP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04435101571
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Waterloop Inc
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0843267747
ReturnHeader/Filer/PhoneNum04435101571
ReturnHeader/Filer/USAddress/AddressLine1Txt03301 Aster Court
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028409
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561719839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Earney & Company LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0710 Military Cutoff Road Suite 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028405
ReturnHeader/PreparerPersonGrp/PhoneNum09102569995
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan Skuce CPA
ReturnHeader/ReturnTs02024-11-15T15:52:09-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,966
Liabilities
$1,142
Net assets
$98,824
Revenue
$81,250
Expenses
$59,531
Net income
$21,719
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
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.01$0.99$0.81$0.60$0.22
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