Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2003.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes year-round outdoor adventure for underserved youth and families.
Questions for The Loppet Foundation INC
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Fy25 Facts
Events:the loppet foundation's year-round events build community around a shared passion for outdoor recreation, and highlight minneapolis's abundant natural SPACES.- more than 20,000 people participated in a loppet EVENT.- more than 3,400 volunteers gave their time and talents to help make loppet events POSSIBLE.LOPPET sport:loppet…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.7M | $2.6M |
| Land, buildings, equipmentLn 10c | $415K | $366K |
| Total assetsLn 16 | $6.6M | $6.5M |
| LiabilitiesLn 26 | $2.1M | $1.9M |
| Net assetsLn 32 | $4.5M | $4.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $69K | $44K | $3K | $21K |
| Other salaries and wagesLn 7 | $2.0M | $1.7M | $297K | $56K |
| Pension plan contributionsLn 8 | $61K | $50K | $9K | $2K |
| Other employee benefitsLn 9 | $30K | $25K | $5K | $403 |
| Payroll taxesLn 10 | $158K | $135K | $17K | $6K |
| Accounting feesLn 11c | $26K | $26K | ||
| Other fees for servicesLn 11g | $373K | $310K | $61K | $1K |
| Advertising and promotionLn 12 | $15K | $14K | $569 | $142 |
| Office expensesLn 13 | $212K | $174K | $22K | $15K |
| Information technologyLn 14 | $113K | $59K | $52K | $3K |
| OccupancyLn 16 | $22K | $20K | $2K | |
| TravelLn 17 | $82K | $81K | $1K | $4 |
| InterestLn 20 | $15K | $15K | ||
| Depreciation, depletion and amortizationLn 22 | $67K | $66K | $639 | $473 |
| InsuranceLn 23 | $189K | $32K | $158K | |
| Other expenses (24a–d)Ln 24 | $662K | $650K | $7K | $5K |
| All other expensesLn 24e | $61K | $60K | $222 | $700 |
| Total functional expensesLn 25 | $4.2M | $3.4M | $662K | $112K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $5.1M | $4.2M | $924K | $4.6M | 990 PDF |
| FY2024 | $6.4M | $7.0M | −$644K | $4.5M | 990 PDF |
| FY2023 | $3.4M | $2.3M | $1.1M | $5.7M | 990 PDF |
| FY2022 | $5.1M | $3.5M | $1.6M | $5.0M | 990 PDF |
| FY2021 | $3.2M | $2.6M | $569K | $3.5M | 990 PDF |
| FY2020 | $4.0M | $3.6M | $452K | $2.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $5,101,505 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $5,101,505 across 6 lines filed
Part IX · Statement of functional expenses $4,177,332 across 17 lines filed
Part X · Balance sheet $6,484,658 assets, 16 lines filed
Part XI · Reconciliation of net assets $4,629,966 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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