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Looptfoundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823282985 ✦ Portland, OR ✦ Designated as a 501(c)(3)

Overview

What is Looptfoundation?

Looptfoundation is a small, Portland, Oregon-based nonprofit organization, specifically located at 2410 NE 11th Street. Their primary mission revolves around the repurposing of materials and the development of new processes to prevent high-quality materials from ending up in the waste stream. Through research, education, and innovative solutions, they aim to make a significant impact in this area, contributing to a more sustainable future. Although the organization maintains a relatively small workforce of one individual, their commitment to this cause is evident in their mission and activities.


Is Looptfoundation legitimate?

Looptfoundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Looptfoundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $60,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Looptfoundation?
Who is the CEO of Looptfoundation?
What is the revenue of Looptfoundation?
Who are the executives of Looptfoundation and what are their salaries?
Where can I find the form 990 for Looptfoundation?

Mission Statement of Looptfoundation

LooptFoundation, a non-profit organization, is dedicated to providing research, education, and innovative solutions for the repurposing of materials and the creation of new processes. Their primary mission is to keep high-quality materials out of the waste stream. By focusing on the repurposing of materials and the development of new processes, LooptFoundation aims to reduce waste and promote sustainability. Their work is instrumental in ensuring that valuable materials continue to be utilized rather than discarded, contributing to a more environmentally friendly future.

Impact

This information is meant to be a general summary of Looptfoundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Looptfoundation's impact lies in its dedication to providing research, education, and innovative solutions for repurposing materials and creating new processes to keep high-quality materials out of the waste stream. By focusing on environmental sustainability and resource conservation, Looptfoundation actively contributes to the reduction of waste and the promotion of circular economy principles. Through its initiatives, Looptfoundation helps foster a more sustainable future by facilitating the efficient use of materials and minimizing the negative impact on the environment.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $104,938
  • Gross Receipts: $121,398

    • Assets and Liabilities:
  • Total Assets: $4,116
  • Total Liabilities: -$768
  • Net Assets: $4,884
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALE OF INVENTORY

    Revenue

    $104,938

    Organization Details

    Founding Year

    2018

    Principal Officer

    Sandy Pressley

    Main Address

    2410 NE 11TH STREET, PORTLAND, OR, 97214

    NTEE Category

    Code: C27 - Environment

    If you are a representative of Looptfoundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.