Loft Us
- Assets
- $75.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- El Segundo, CA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-4353194
Organization Overview
Loft Us is located in El Segundo, CA. The organization was established in 2017. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loft Us 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 12/2021, Loft Us generated $194.9k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $153.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 3 years. 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
2021
Describe the Organization's Program Activity:
Part 3
EDUCATION SERVICES - VARIOUS CLASSES THAT BENEFIT LOCAL CHILDREN PROVIDING CLASSROOM AND ONE-ONE LEARNING OPPORTUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Buttles Secretary | 1 | $0 | |
Dave King CFO | 1 | $0 | |
Mardi Norman Executive Director/president | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,000 |
| Total Program Service Revenue | $166,851 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,874 |
| Professional fees and other payments to independent contractors | $27,352 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,625 |
| Total expenses | $153,851 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,012 |
| Other assets | $0 |
| Total assets | $75,597 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,597 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Loft Us has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Western Educational Corporation Murrieta, CA | $27,667,825 | $68,372,761 |
Gorman Learning Center Inc Redlands, CA | $15,456,352 | $31,204,801 |
The Help Group Child And Family Center Sherman Oaks, CA | $10,800,657 | $22,263,149 |
Institute For The Redesign Of Learning South Pasadena, CA | $15,785,438 | $19,718,110 |
New School For Child Development A Non-Profit Corp Sherman Oaks, CA | $70,855,402 | $24,393,908 |
Mirman School For Gifted Children Los Angeles, CA | $47,520,876 | $18,601,911 |
Accel Phoenix, AZ | $21,659,622 | $16,834,387 |
Ecole Bilingue Berkeley, CA | $33,006,768 | $15,759,391 |
H E L P Group West Sherman Oaks, CA | $26,040,794 | $16,433,872 |
Learning With A Difference Inc Encino, CA | $24,959,978 | $17,556,894 |
Charles Armstrong School Belmont, CA | $29,837,306 | $12,609,845 |
Escuela Popular Del Pueblo San Jose, CA | $34,236,937 | $14,055,995 |