Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-3282985

LOOPTFOUNDATION

Tax-exempt · PORTLAND, OR 97214

Financials

$78K$68K2023
Revenue Expenses · by fiscal year end
Financials of LOOPTFOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$78,031$67,739$10,292$16,567$1,391$15,176
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$65,300
Program service revenue
$12,731
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$33,000
Salaries, compensation and benefits (total)
$36,494
Professional fundraising fees
$0
Accounting fees
$3,741
Management and general (functional)
$67,739

Balance sheet and other

Total assets, start of year
$4,116
Total assets, end of year
$16,567
Total liabilities, end of year
$1,391
Net assets, end of year
$15,176
Net assets without donor restrictions
$15,176
Gross receipts
$78,031
Employees
1
Year formed
2018
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
SCOTT WELCHEXECUTIVE DI
Trustee or director, Officer
30$33,000
REGAN NELSONSECRETARY
Trustee or director, Officer
–$0
SANDY PRESSLEYCHAIR
Trustee or director, Officer
–$0
LAUREN SMITHTREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
2410 SE 11TH AVE, PORTLAND, OR 97214-5308
In care of
% CATHERINE HEBERT
Principal officer (990 for 2023)
SANDY PRESSLEY, 2410 SE 11TH AVENUE, PORTLAND, OR 97214
Signed the 990
SCOTT WELCH, EXECUTIVE DIRECTOR
Phone
(503) 972-0168
Return prepared by
WILLAMETTE VALLEY ACCOUNTING

Mission

PROVIDE RESEARCH, EDUCATION AND INNOVATIVE SOLUTIONS FOR THE REPURPOSING OF MATERIALS AND CREATION OF NEW PROCESSES IN ORDER TO KEEP HIGH QUALITY MATERIALS OUT OF THE WASTE STREAM.

990 for the year ended December 31, 2023

Program accomplishments

  • PROVIDE RESEARCH, EDUCATION AND INNOVATIVE SOLUTIONS FOR THE REPURPOSING OF MATERIALS AND CREATION OF NEW PROCESSES IN ORDER TO KEEP HIGH QUALITY MATERIALS OUT OF THE WASTE STREAM.
    revenue $12,731
  • PROVIDE RESEARCH, EDUCATION AND INNOVATIVE SOLUTIONS FOR THE REPURPOSING OF MATERIALS AND CREATION OF NEW PROCESSES IN ORDER TO KEEP HIGH QUALITY MATERIALS OUT OF THE WASTE STREAM.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for LOOPTFOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-3282985
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C27)
Assets (IRS master file)
$16,567
Income (IRS master file)
$78,031

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$78,031$67,739$16,567XML
990December 2022$121,398$109,464$4,116IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3282985).

Questions about LOOPTFOUNDATION

What is the EIN of LOOPTFOUNDATION?
The employer identification number (EIN) of LOOPTFOUNDATION is 82-3282985.
Is LOOPTFOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to LOOPTFOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOOPTFOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOOPTFOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOOPTFOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LOOPTFOUNDATION?
The 990 for the year ended December 31, 2023 names SANDY PRESSLEY.
Who are the officers and directors of LOOPTFOUNDATION?
The 990 for the year ended December 31, 2023 lists 4 people; 1 received compensation from the organization, the highest $33,000 (SCOTT WELCH, EXECUTIVE DI).
How much revenue does LOOPTFOUNDATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $78,031, expenses of $67,739 and total assets of $16,567 at year end.

Other nonprofits in PORTLAND

All nonprofits in PORTLAND · Oregon · Environment