Loppet Adventures FY2023 filing

Tax-deductible

Minneapolis, MN501(c)(3)Recreation & SportsEIN 82-4416326Revenue $12K in FY2023

On file with the IRSloppet.org1301 Theodore Wirth Pkwy, 55422-4253 · Minneapolis, MNTax-exempt since Apr 2018Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Loppet Adventures creates onramps to outdoor activity for people of all backgrounds, ages, and abilities.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$104K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
2 of 6
filings with a surplus
Average deficit $271K a year · 94% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.6M
×10 of total assets
Concern: liabilities are 1000% of assets; over 80%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12K
-98% vs prior year
Spent
$255K
To programs
99%
Net assets
−$3.2M
By yearFY2020–FY2025
Revenue
$12K
FY2023▼ -98%
Tap a bar for its year
Revenue by fiscal year
FY2020$215K
FY2021$758K
FY2022$723K
FY2023$12K
FY2024$6K
FY2025$12K
Expenses
$255K
FY2023▼ -52%
Tap a bar for its year
Expenses by fiscal year
FY2020$534K
FY2021$555K
FY2022$534K
FY2023$255K
FY2024$669K
FY2025$807K
Net assets
−$3.2M
FY2023▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020−$3.6M
FY2021−$3.6M
FY2022−$3.4M
FY2023−$3.2M
FY2024−$3.4M
FY2025−$3.3M

From the FY2023 Form 990 (year ending March 2023) · 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 Apr 2018.

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

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $254K Management & general 1% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $104K 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
Executive Director
$103,698Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Claire Wilson’s $115K as Executive Director is at the 99th percentile of top reported officer pay among 98 <$100K recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Claire Wilson$114,959$110,583$103,698$104,555$600—
John Munger—————$112,000
Pablo Urriche$110,666—————
Ray Aponte————$65,242$17,743
Meghan Cosgrove$12,500—————

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 Loppet Adventures executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Connects people from all walks of life to outdoor adventures.

Questions for Loppet Adventures

Tap to ask. Loppet Adventures sees how many people are interested.

Your first name shows with your question. Loppet Adventures answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $254K · in their own filed words · FY2022
01

Loppet adventures programs create opportunities for people of all ages and abilities to get outside and active, building skills and community around shared passion for outdoor ACTIVITY.IN FY22:- around 800 elementary school students were able to get outside through cross country skiing programs at 8 north minneapolis schools- around 85…

$254Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$12K
Ln 12
Other incomeLn 4–11$12K
Money outPt IX
$255K
Ln 25
Programscol B$254K
Managementcol C$1K
Owns and owesPt X
−$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$398K
LiabilitiesLn 26$3.6M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$12K
Total revenueLn 12$12K
Assets in detailPt X, end of year
CashLn 1$75K
Cash and savings togetherLn 1–2$75K
Land, buildings, equipmentLn 10c$323K
Total assetsLn 16$398K
LiabilitiesLn 26$3.6M
Net assetsLn 32−$3.2M
OperationsPt I, VI
EmployeesI 5236
VolunteersI 60
Fiscal year endsHeaderMarch
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$38K$75K
Land, buildings, equipmentLn 10c$343K$323K
Total assetsLn 16$381K$398K
LiabilitiesLn 26$3.7M$3.6M
Net assetsLn 32−$3.4M−$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$12K$12K
Other salaries and wagesLn 7$122K$122K
Pension plan contributionsLn 8$25K$25K$147
Other employee benefitsLn 9$14K$14K$105
Payroll taxesLn 10$11K$11K
Other fees for servicesLn 11g$13K$12K$1K
Office expensesLn 13$90$90
InterestLn 20$38K$38K
Depreciation, depletion and amortizationLn 22$20K$20K
Total functional expensesLn 25$255K$254K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12K$807K−$795K−$3.3M 990 PDF
FY2024 $6K$669K−$663K−$3.4M 990 PDF
FY2023 Viewing $12K$255K−$243K−$3.2M 990 PDF
FY2022 $723K$534K$189K−$3.4M 990 PDF
FY2021 $758K$555K$203K−$3.6M 990 PDF
FY2020 $215K$534K−$319K−$3.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $12,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $514,344$0
I-9 Program service revenuePrior year $208,613$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$12,000
I-12 Total revenuePrior year $722,957$12,000
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 $327,534$183,705
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $206,406$71,475
I-18 Total expensesPrior year $533,940$255,180
I-19 Revenue less expensesPrior year $189,017−$243,180
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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 $12,000 across 2 lines filed
VIII-6 Net rental income or lossRelated to mission $12,000$12,000
VIII-12 Total revenueRelated to mission $12,000 · Unrelated business $0 · Excluded from tax $0$12,000
Part IX · Statement of functional expenses $255,180 across 9 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $11,763$11,763
IX-7 Other salaries and wagesPrograms $122,087$122,087
IX-8 Pension plan contributionsPrograms $24,783 · Management $147$24,930
IX-9 Other employee benefitsPrograms $14,053 · Management $105$14,158
IX-10 Payroll taxesPrograms $10,767$10,767
IX-11g Other fees for servicesPrograms $12,077 · Management $1,130$13,207
IX-13 Office expensesPrograms $90$90
IX-20 InterestPrograms $38,129$38,129
IX-22 Depreciation, depletion and amortizationPrograms $20,049$20,049
IX-25 Total functional expensesPrograms $253,798 · Management $1,382 · Fundraising $0$255,180
Part X · Balance sheet $398,104 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $38,035$75,351
X-10c Land, buildings and equipment, netStart of year $342,802$322,753
X-16 Total assetsStart of year $381,089$398,104
X-17 Accounts payable and accrued expensesStart of year $153,443$44,708
X-26 Total liabilitiesStart of year $3,747,959$3,644,804
X-27 Net assets without donor restrictionsStart of year −$3,366,870−$3,246,700
X-32 Total net assets or fund balancesStart of year −$3,366,870−$3,246,700
X-33 Total liabilities and net assetsStart of year $381,089$398,104
Part XI · Reconciliation of net assets −$3,246,700 net assets at year end
XI-1 Total revenue$12,000
XI-2 Total expenses$255,180
XI-3 Revenue less expenses−$243,180
XI-4 Net assets at start of year−$3,366,870
XI-9 Other changes in net assets$363,350
XI-10 Net assets at end of year−$3,246,700

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.