THE LOPPET FOUNDATION INC
MINNEAPOLIS,
Minnesota,
55422
EIN: 41-1753882
Recreation, Sports, Leisure, Athletics
DEMOGRAPHIC
ADDRESS
1301 THEODORE WIRTH PKWY
55422
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
THE LOPPET FOUNDATION INC is a based in MINNEAPOLIS, MN, focused on Recreation, Sports, Leisure, Athletics causes , specifically Winter Sports (Snow and Ice). Established in November 2003, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $6,599,055.00, this ranks 76,213 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,719 out of 53,624 organizations in MN (Top 4%).
In hennepin county, MN, the organization ranks 721 out of 13,125 nonprofits by assets (Top 6%), while locally in minneapolis, it stands at 429 among 6,505 organizations (Top 7%).
The organization reported annual revenue of $3,375,063.00, ranking 62,006 nationally (Top 3%) and 1,546 in MN (Top 3%).
Within its specific NTEE classification (N68 - N: Recreation, Sports, Leisure, Athletics), which includes 2,778 similar organizations, THE LOPPET FOUNDATION INC ranks 11 in assets (Top 1%) and 10 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Amateur athletic association
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N68: Winter Sports (Snow and Ice)
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
TAX PERIOD
03/2023
ACCOUNTING PERIOD
03
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,434,199.00
FORM 990 REVENUE AMOUNT
$3,375,063.00
RULING DATE
11/2003
ASSET CODE
7: $5,000,000 to $9,999,999
ASSET AMOUNT
$6,599,055.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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