Nonprofit screen
Screen a listThe Loft Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$2.4Mrevenue
FY2025 · −8% in 3 yrs19staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin0.4%
Months of reserve2.6mo
Revenue growth (annualized)+0.9%
Middle half of peersMedianLoft
Where the money goes FY2025 · $2.4M spent
Programs$1.9M81%Management and general$130k5%Fundraising$319k13%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 95% in FY2024
$664k in FY2023, $30k in FY2024.
990 Part VIIIDeficits in 2 of the last 3 years
−$144k in FY2023 and −$569k in FY2024. Cash covers 2.6 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
10 of the 16 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists36funders
$658ka year, last 3 years
51%from its largest funder
Funder’17’18’19’20’21’22’23The McKnight FoundationSince FY2019$286k$286k$550k$257k$207kJerome Foundation IncOn and off$123k$273k$103k$246kWilliam Randolph Hearst FoundationNew in FY2023$150kTarget FoundationStopped after FY2022$48k$48k$29k–Patrick and Aimee Butler FamilyStopped after FY2022$55k$35k–Surdna Foundation IncOn and off$75kDonor-advised giftsDonors not disclosed$48k$37k$35k$39k$45k$48k$50k19 other fundersUp to $50k a year each$29k$25k$40k$19k$76k$47k$28k
FundedThrough a donor-advised fundStopped