Overview
What is Unloop?
Unloop is a nonprofit organization dedicated to supporting the reentry of formerly incarcerated individuals into the tech industry. They achieve this goal by offering educational programs and comprehensive support services. By doing so, Unloop aims to equip these individuals with the necessary skills to succeed in their tech careers, thereby enhancing their chances of leading fulfilling lives post-incarceration.
Official website here: www.un-loop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Unloop has achieved a remarkable score of 97%, reflecting its strong commitment to accountability and finance. This high rating is derived solely from its impressive performance in the Accountability & Finance beacon, indicating a robust management structure and transparent operations. The presence of a predominantly independent board, with 83% of its members being independent, further enhances its credibility.
The organization demonstrates financial health with a low liabilities to assets ratio of 0.39% and an excellent program expense ratio of 88.97%. This suggests that a significant majority of its funds are directed towards programmatic activities rather than administrative costs, which is a positive indicator for donors. Additionally, Unloop has established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, showcasing its commitment to ethical governance.
While the overall rating is very strong, the summary does not indicate any noted limitations or areas for improvement. The meticulous attention to policy and the financial metrics provided suggest that Unloop is a well-managed nonprofit that prioritizes transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Unloop legitimate?
Unloop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unloop submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.un-loop.org
What is the mission statement of Unloop?
Unloop's mission is centered around empowering individuals who have served their prison sentences to excel in tech careers. This is accomplished through a two-pronged approach: education and re-entry support services. By providing these resources, Unloop aims to help formerly incarcerated individuals reintegrate into society and build a stable future for themselves. The organization's activities focus on equipping these individuals with the necessary skills and resources to succeed in the tech industry, thereby offering them a chance at a new beginning.
Official website here: www.un-loop.org
Who is the CEO of Unloop?
Martin Lawson is the Executive Director of Unloop.
Official website here: www.un-loop.org
What is the revenue of Unloop?
Unloop's revenue in 2022 was $126,929.
Official website here: www.un-loop.org
Who are the executives of Unloop and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.un-loop.org
Where can I find the form 990EZ for Unloop?
Unloop's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.un-loop.org
Learn more at the official website: www.un-loop.org
Mission Statement of Unloop
Unloop, as a nonprofit organization, is dedicated to empowering individuals who have served their sentences to thrive in tech careers. They accomplish this goal through the provision of educational opportunities and re-entry support services. By equipping formerly incarcerated individuals with the necessary skills and resources, Unloop aims to help them integrate back into society and build successful careers in the tech industry.
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Impact
October, 2024
Unloop has a significant impact by empowering formerly incarcerated individuals to build successful careers in the technology sector. By providing targeted education and re-entry support services, Unloop helps bridge the gap between incarceration and employment, enabling participants to acquire essential skills and knowledge needed in the tech industry.
This initiative not only transforms the lives of individuals but also contributes to broader societal change by reducing recidivism rates and fostering economic stability. As participants gain access to meaningful job opportunities, they can reintegrate into society more successfully, promoting a healthier community in Seattle and beyond. Unloop’s efforts also challenge stereotypes and stigma associated with incarceration, highlighting the potential of individuals to succeed and innovate when given the right support.
This information is meant to be a general summary of Unloop. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $141
- Gross Receipts: $126,929
Assets and Liabilities:
- Total Assets: $92,644
- Total Liabilities: $2,309
- Net Assets: $90,335
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Organization Details
Phone
(253) 693-0037Principal Officer
Martin Lawson
Main Address
1424 11th Ave Suite 400, Seattle, WA, 98122
Website
www.un-loop.orgNTEE Category
Code: I40 - Crime
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