Civic Intelligence

Loop Inc

EIN 92-3221165 • 501(c)3 • Baltimore, MD

NTEE O50

Profile

To provide the youth of Baltimore with caddie training, leadership development, and life skills. Our program offers participants the opportunity to build valuable relationships and experience activities that will benefit their futures.

509 S Exeter St Ste 345Baltimore, MD 21202

theloopbaltimore.org

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

NTEE O50 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.00x

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

NTEE O50 • <$500k nonprofits • Source year 2023

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

NTEE O50 • <$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.

NTEE O50 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$6,213

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$6,213

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue65th percentileNet Margin82nd percentile

Revenue

$15,000

No earlier filing loaded for comparison.

Expenses

$8,787

No earlier filing loaded for comparison.

Net Income

$6,213

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2023: $6,213Liabilities 2023: $0Net Assets 2023: $6,2132023

Highlighted filing

2023

Assets$6,213
Liabilities$0
Net Assets$6,213
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0Revenue 2023: $15,000Expenses 2023: $8,787Net Income 2023: $6,2132023

Highlighted filing

2023

Revenue$15,000
Expenses$8,787
Net Income$6,213
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$6,213
Liabilities
$0
Net assets
$6,213
Revenue
$15,000
Expenses
$8,787
Net income
$6,213
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$6.21$0.00$6.21$15.0$8.79$6.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 10, 2024
Return Version
2023v5.1
Gross Receipts
$15,000
Mission and Program Overview

Mission

To provide the youth of Baltimore with caddie training, leadership development, and life skills. Our program offers participants the opportunity to build valuable relationships and experience activities that will benefit their futures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$6,213-
Total Assets$0$6,213▲ $6,213
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$6,213-
Total Net Assets Fund Balance$0$6,213▲ $6,213
Total Liabilities and Net Assets / Fund Balance$0$6,213▲ $6,213
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Parker BrattonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,787
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$8,787--$8,787
Total Functional Expenses$8,787$0$0$8,787
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“In accordance with Form 990 requirements, the organization ensures that its governing body is actively engaged in the review and oversight of key financial, operational, and policy matters. This includes regular review of the Form 990 itself to ensure accuracy, transparency, and compliance with IRS regulations.”

Conflict of interest policy compliance Part VI line 12C

“In compliance with the requirements of Form 990, the organization maintains a comprehensive Conflict of Interest Policy to ensure that its board members, officers, and key employees act in the best interest of the organization, free from any undue influence or conflicts that could affect their decision-making. The policy is designed to identify, disclose, and appropriately manage any potential conflicts of interest.”

CEO executive director top management comp Part VI line 15A

“The organization follows a structured and transparent process to determine the compensation of the CEO, Executive Director, and other top management officials, ensuring it is reasonable, competitive, and aligned with the organizations mission and financial capacity. This process complies with IRS guidelines and is designed to attract and retain highly qualified leadership while maintaining public trust.”

Governing documents etc available to public Part VI line 19

“The organization is committed to transparency and ensures that its key governing documents, conflict of interest policy, and financial statements are accessible to the public, in compliance with IRS regulations and to promote trust with stakeholders.”

Filing and Contact Details

Filer

Filer Name
Loop Inc
EIN
92-3221165
Address
509 S EXETER ST STE 345, Baltimore, MD 21202

Signing Officer

Name
Parker Bratton
Title
President
Phone
4439603943
Signed
2024-05-10
Discuss with paid preparer
No

Organization Details

Formed
2023
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
MP Tax Solutions LLC
Address
21 Westfield Drive, Newark, DE 19711
Preparer
Matthew Palsgrove
Phone
4104414286
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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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