philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

The Looper Group INC FY2023 filing

Not tax-deductible

St Petersburg, FL501(c)(6)Mutual / membership EIN 59-3386876Revenue $994K in FY2023

On file with the IRSstpetetrolley.com244 2nd Ave N Ste 201, 33701-3306 · St Petersburg, FLTax-exempt since Oct 1997

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Operate the downtown Looper trolley.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$46K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $125K a year · 12% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$46K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$59K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$994K
-0.6% vs prior year
Spent
$975K
Net assets
$981K
By yearFY2020–FY2025
Revenue
$994K
FY2023▼ -0.6%
Tap a bar for its year
Revenue by fiscal year
FY2020$707K
FY2021$1.0M
FY2022$1.0M
FY2023$994K
FY2024$1.1M
FY2025$1.4M
Expenses
$975K
FY2023▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$792K
FY2021$783K
FY2022$923K
FY2023$975K
FY2024$964K
FY2025$982K
Net assets
$981K
FY2023▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$648K
FY2021$884K
FY2022$962K
FY2023$981K
FY2024$1.1M
FY2025$1.5M

From the FY2023 Form 990 (year ending September 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990; $46K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Eric Carlson
Treasruer
$45,621Pt VII · Sec A
Chuck Wray JR
President
$0Pt VII · Sec A
Jason Mathis
Secretary
$0Pt VII · Sec A
Evan Mory
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Eric Carlson$48,267$47,148$45,621$43,468$40,598$38,198

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Looper Group INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Operates a free trolley service connecting downtown attractions.

Questions for The Looper Group INC

Tap to ask. The Looper Group INC sees how many people are interested.

Your first name shows with your question. The Looper Group INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2022
01

Provide transportation services in the downtown ST. Petersburg, florida business district in order to improve mobility, access circulation, and decrease parking demand. Transportation is also provided for select baseball games and special events in the downtown area.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$994K
Ln 12
Gifts and grantsLn 1h$771K
Fees for servicesLn 2g$133K
Other incomeLn 4–11$76K
Money outPt IX
$975K
Ln 25
Owns and owesPt X
$981K
net assets · Ln 32
Cash and savingsLn 1–2$425K
Total assetsLn 16$1.0M
LiabilitiesLn 26$59K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$771K
Government grantsLn 1e$756K
Fees for servicesLn 2g$133K
Investment incomeLn 3$15K
Other incomeLn 4–11$76K
Total revenueLn 12$994K
Assets in detailPt X, end of year
CashLn 1$87K
SavingsLn 2$338K
Cash and savings togetherLn 1–2$425K
Land, buildings, equipmentLn 10c$514K
Total assetsLn 16$1.0M
LiabilitiesLn 26$59K
Net assetsLn 32$981K
OperationsPt I, VI
EmployeesI 514
VolunteersI 63
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$680K$425K
Land, buildings, equipmentLn 10c$356K$514K
Total assetsLn 16$1.0M$1.0M
LiabilitiesLn 26$85K$59K
Net assetsLn 32$962K$981K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$426K
Payroll taxesLn 10$30K
Accounting feesLn 11c$23K
Other fees for servicesLn 11g$25K
Advertising and promotionLn 12$3K
Office expensesLn 13$38K
InterestLn 20$2K
Depreciation, depletion and amortizationLn 22$114K
InsuranceLn 23$143K
Other expenses (24a–d)Ln 24$171K
Total functional expensesLn 25$975K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.4M$982K$380K$1.5M 990 PDF
FY2024 $1.1M$964K$121K$1.1M 990 PDF
FY2023 Viewing $994K$975K$19K$981K 990 PDF
FY2022 $1.0M$923K$78K$962K 990 PDF
FY2021 $1.0M$783K$236K$884K 990 PDF
FY2020 $707K$792K−$85K$648K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $994,475 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $820,368$770,745
I-9 Program service revenuePrior year $103,916$132,966
I-10 Investment incomePrior year $6,791$15,164
I-11 Other revenuePrior year $69,450$75,600
I-12 Total revenuePrior year $1,000,525$994,475
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $407,790$455,416
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $515,112$519,625
I-18 Total expensesPrior year $922,902$975,041
I-19 Revenue less expensesPrior year $77,623$19,434
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $994,475 across 7 lines filed
VIII-1b Membership dues$14,400
VIII-1e Government grants$756,345
VIII-1h Total contributions, gifts and grants$770,745
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $132,966$132,966
VIII-3 Investment incomeExcluded from tax $15,164$15,164
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $75,600$75,600
VIII-12 Total revenueRelated to mission $132,966 · Unrelated business $75,600 · Excluded from tax $15,164$994,475
Part IX · Statement of functional expenses $975,041 across 10 lines filed
IX-7 Other salaries and wages$425,883
IX-10 Payroll taxes$29,533
IX-11c Accounting fees$23,193
IX-11g Other fees for services$25,496
IX-12 Advertising and promotion$2,603
IX-13 Office expenses$38,270
IX-20 Interest$2,031
IX-22 Depreciation, depletion and amortization$113,668
IX-23 Insurance$142,976
IX-24 Other expenses (24a–d)$171,388
IX-25 Total functional expenses$975,041
Part X · Balance sheet $1,040,170 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $205,143$86,864
X-2 Savings and temporary cash investmentsStart of year $474,636$338,106
X-4 Accounts receivableStart of year $11,406$77,587
X-9 Prepaid expenses and deferred charges$23,360
X-10c Land, buildings and equipment, netStart of year $355,807$514,253
X-16 Total assetsStart of year $1,046,992$1,040,170
X-17 Accounts payable and accrued expensesStart of year $25,852$21,976
X-19 Deferred revenueStart of year $9,600$8,700
X-26 Total liabilitiesStart of year $85,404$59,148
X-27 Net assets without donor restrictionsStart of year $961,588$981,022
X-32 Total net assets or fund balancesStart of year $961,588$981,022
X-33 Total liabilities and net assetsStart of year $1,046,992$1,040,170
Part XI · Reconciliation of net assets $981,022 net assets at year end
XI-1 Total revenue$994,475
XI-2 Total expenses$975,041
XI-3 Revenue less expenses$19,434
XI-4 Net assets at start of year$961,588
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$981,022

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.