Learning Outside INC EIN 45-2686552

Learning Outside INC FY2020 filing

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Offers children hands-on outdoor learning to foster nature love and environmental stewardship. For fiscal year 2020 it reported $385K in revenue, $397K in expenses, and $232K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Carrboro, NC
Website
www.learningoutside.org
Filings
5 on file (2020–2020)
Revenue
$385KFY2020
Expenses
$397K
Net assets
$232K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-2686552 Public charity (501(c)(3)) Carrboro, NC
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers children hands-on outdoor learning to foster nature love and environmental stewardship.
Leadership
Wendy B Banning · Executive Director · $88K
Money in and out
$385K revenue, $397K expenses
Bottom line
70% program efficiency
Where the money goes · FY2020
Total revenue
$385K
Pt VIII · Ln 12
Total expenses
$397K
Pt IX · Ln 25
Net assets
$232K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$12K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.15 Fundraising $0.15
Program efficiency
70%
of spending reaches programs
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$385K
FY2020
Expenses
$397K
FY2020
Total assets
$351K
FY2020
Total liabilities
$119K
FY2020
Total revenue
$385K
Pt VIII · Ln 12
Total expenses
$397K
Pt IX · Ln 25
Net assets
$232K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$12K
Total assetsPt X · Ln 16$351K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $278K of program spending, described in the organization's own filed words · FY2020.
01

Develop, plan, prepare and conduct outdoor learning programs for children in Chapel Hill, NC and surrounding area. In 2020, the organization conducted 6 different educational programs in 36 different sessions, serving 313 participants.

$278Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLearning Outside INC
EINHdr · item D45-2686552
Principal addressHdr · item CCarrboro, NC
WebsiteHdr · item Jwww.learningoutside.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C60)
Ruling yearIRS BMFOct 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$87,668Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Wendy B Banning’s $70K as Executive Di is at the 52nd percentile of top reported officer pay among 1981 $100K–1M environment 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Wendy B Banning$81,860$84,475$87,668
Wendy B Banning$70,355$72,666

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.

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Statement of Revenue

Part VIII
Contributions & grants$241K · 62%
Program service revenue$133K · 35%
Other revenue$9K · 2%
Investment income$2K · 1%
Contributions & grants62%$241K
Program service revenue35%$133K
Other revenue2%$9K
Investment income1%$2K
— government grantsLn 1e$1K
Total revenueLn 12$385K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.15 Fundraising $0.15
Program services70%$278K
Management & general15%$58K
Fundraising15%$61K
Total functional expensesLn 25$397K

Balance Sheet

Part X · end of year
CashLn 1$262K
Total assetsLn 16$351K
Total liabilitiesLn 26$119K
Total net assetsLn 32$232K
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $262K · Operating expenses (Pt IX) $397K · Less non-cash grants $7K · Cash operating expenses/yr $390K
8.1 months
Where the money goes
Program services
Program services $278K · Total expenses $397K
70%
Management & General
Management & general $58K · Total expenses $397K
15%
Fundraising
Fundraising $61K · Total expenses $397K
15%
Cost to raise $1
Fundraising expense $61K · Solicited contributions $239K
$0.26 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $241K · Total revenue $385K
62%
Government reliance
Government grants $1K · Total revenue $385K
0.3%
Earned-income share
Program service revenue $133K · Total revenue $385K
35%
Investment reliance
Investment income $2K · Total revenue $385K
+0.5%
Program self-sufficiency
Program service revenue $133K · Total expenses $397K
34%
Growth & trend
Revenue growth (YoY)
This year $385K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $232K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $385K · Expenses $397K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $351K
Net-asset ratio
Net assets $232K · Total assets $351K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $351K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Wendy B Banning · Reported title Executive Director · Highest reported compensation $88K · Total expenses $397K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $256K · Total expenses $397K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 15%
Fundraising cost ratio 25%
Legal fee ratio 0.2%
Accounting fee ratio 1.0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$55K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$485K revenue · ⤓ 990 PDF
FY2023$462K revenue · ⤓ 990 PDF
FY2022$444K revenue · ⤓ 990 PDF
FY2021$534K revenue · ⤓ 990 PDF
FY2020$385K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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