Unloop
- Assets
- $69.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Seattle, WA
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 47-5302622
Organization Overview
Unloop is located in Seattle, WA. The organization was established in 2016. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Unloop employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unloop is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Unloop generated $131.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $153.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THROUGHOUT 2023, UNLOOP ENGAGED 32 PARTICIPANTS. OF THE 32 PARTICIPANTS SERVED, 38% IDENTIFIED AS WOMEN OR INTERSEX WHILE 62% IDENTIFIED AS MEN. ADDITIONALLY, 71% IDENTIFIED AS BLACK OR AFRICAN AMERICAN, HISPANIC OR LATINO OR OF SPANISH ORIGIN, NATIVE HAWAIIAN OR OTHER PACIFIC ISLANDER, OR MIXED. 29% IDENTIFIED AS WHITE. ALL PARTICIPANTS WERE IMPACTED BY THE JUSTICE SYSTEM. FOUR PARTICIPANTS OBTAINED EMPLOYMENT OPPORTUNITIES IN THIS PERIOD. ONE PARTICIPANT EARNED AN APPRENTICESHIP AT DROPBOX THAT WAS THEN CONVERTED INTO A FULL-TIME POSITION. A SECOND PARTICIPANT OBTAINED AN INTERNSHIP IN 2022 THAT THEN CONVERTED TO A FULL-TIME POSITION IN 2023. TWO ADDITIONAL PARTICIPANTS OBTAINED THEIR FIRST SOFTWARE ENGINEERING CONTRACTS AS FREELANCE DEVELOPERS. AN ADDITIONAL FOUR PARTICIPANTS COMPLETED SOFTWARE ENGINEERING TRAINING PROGRAMS AND TWO PARTICIPANTS ENROLLED IN COLLEGE COURSES. IN TERMS OF VOLUNTEER AND COMMUNITY ENGAGEMENT, UNLOOP RECRUITED 13 NEW VOLUNTEERS AND ENGAGED 27 VOLUNTEERS OVERALL. WE PARTNERED WITH COMPANIES LIKE STRIPE AND STARBUCKS TO CONDUCT MOCK INTERVIEWS AND COMPANY VISITS AS WELL AS CARRY OUT OUR MENTORSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Lawson Executive Director | 40 | $28,767 | |
Luckisha Phillips President | 8 | $0 | |
Lindsey Wilson Vice President | 8 | $0 | |
Asha Bhaga Treasurer | 6 | $0 | |
David Almeida Secretary | 6 | $0 | |
Eleni Adams Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $131,197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $123,434 |
| Professional fees and other payments to independent contractors | $5,323 |
| Occupancy, rent, utilities, and maintenance | $2,703 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,259 |
| Total expenses | $153,469 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,984 |
| Other assets | $0 |
| Total assets | $69,018 |
| Total liabilities | $955 |
| Net assets or fund balances | $68,063 |