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MIP Score

55

Employment
Vocational Training

Loop Lab Inc.

Mission

The loop lab is a non-profit social enterprise specializing in workforce development and digital storytelling founded to serve the port neighborhood of cambridge. committed to empowering woman and adults of color from low income backgrounds to join the digital economy through careers in video, photography, and audio. we support with alumni and staff working on these projects.

Basic Information

Tax-Exempt

Address

99 Bishop Richard Allen Dr, Cambridge, Massachusetts, 02139

View all Cambridge charities

Founded in

2017

EIN

82-3829806

Total Assets

$1.062 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

55

38

/100

Program Expense Ratio

64.16%

6

/20

Program Revenue Growth

-53.53%

2

/20

Leverage Ratio

0.1614

16

/20

Working Capital Ratio

1.146

12

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.239M95.37%
Program Services60.1K4.63%
Investment Income420.00%
Sales of Non-Inventory Assets00.00%
Other Notable Sources590.00%
Total Revenue1.299M100.00%