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LOOP FOUNDATION INC

MIAMI BEACH, Florida, 33139

EIN: 83-1730767

Recreation, Sports, Leisure, Athletics

MISSION

The Loop Foundation is organized and operated exclusively for charitable purposes in accordance with Section 501(c)(3) of the Internal Revenue Code. The Foundation focuses on promoting family health and fitness through community charity event

 FORM 1023-EZ for LOOP FOUNDATION INC

DEMOGRAPHIC

ADDRESS
400 ALTON RD APT 1605
33139
COUNTY
miami dade county, FL
IN CARE OF NAME
BIRAME N SOCK

ORGANIZATIONAL OVERVIEW & RANKINGS

LOOP FOUNDATION INC is a based in MIAMI BEACH, FL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Fund Raising and/or Fund Distribution. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,413,048 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 129,428 out of 155,377 organizations in FL (Top 84%).

In miami dade county, FL, the organization ranks 13,599 out of 17,253 nonprofits by assets (Top 79%), while locally in miami beach, it stands at 850 among 876 organizations (Top 97%).

The organization reported no revenue in the most recent filing period, placing it at 2,163,115 nationally and 122,838 in FL.

Within its specific NTEE classification (N12 - N: Recreation, Sports, Leisure, Athletics), which includes 5,994 similar organizations, LOOP FOUNDATION INC ranks 4,585 in assets (Top 77%) and 4,585 in revenue (Top 77%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jan. 2021
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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