Waterloop Inc
- Assets
- $77.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- Data as of
- 12/2022
- EIN
- 84-3267747
Organization Overview
Waterloop Inc is located in Wilmington, NC. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterloop Inc 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 12/2022, Waterloop Inc generated $181.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $109.8k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mcgill Director | 5 | $0 | |
Noah Sabich Director | 5 | $0 | |
Travis Loop President | 40 | $0 | |
Ellen Gilinsky Treasurer | 5 | $0 | |
Baron Sekiya Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,811 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,811 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $80,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,839 |
| Total expenses | $109,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,105 |
| Other assets | $0 |
| Total assets | $77,105 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,105 |