Learning Outside INC EIN 45-2686552 Form 990 (PDF) Claim this org

Learning Outside INC FY2021 filing

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Offers children hands-on outdoor learning to foster nature love and environmental stewardship. For fiscal year 2021 it reported $534K in revenue, $374K in expenses, and $391K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Carrboro, NC
Website
www.learningoutside.org
Filings
5 on file (2020–2021)
Revenue
$534KFY2021
Expenses
$374K
Net assets
$391K
People
8
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 FY2021 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 · $84K
Money in and out
$534K revenue, $374K expenses
Bottom line
75% program efficiency
Where the money goes · FY2021
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$374K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $160K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.13 Fundraising $0.12
Program efficiency
75%
of spending reaches programs
Operating runway
12.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$534K
FY2021▲ +39%
Expenses
$374K
FY2021▼ -6%
Total assets
$447K
FY2021▲ +27%
Total liabilities
$56K
FY2021▼ -53%
Total revenue
$534K
Pt VIII · Ln 12
Total expenses
$374K
Pt IX · Ln 25
Net assets
$391K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$160K
Total assetsPt X · Ln 16$447K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $279K of program spending, described in the organization's own filed words · FY2021.
01

Develop, plan, prepare and conduct outdoor learning programs for children in Chapel Hill, NC and surrounding area. In 2021, the organization conducted 15 different educational programs in 46 different sessions, serving 445 participants, 60 of whom were able to enroll based on scholarships provided by contributions to the organization.

$279Kprogram 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 1a7
Independent voting membersPt VI · Ln 1b7
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
$84,475Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$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$267K · 50%
Program service revenue$260K · 49%
Other revenue$7K · 1%
Contributions & grants50%$267K
Program service revenue49%$260K
Other revenue1%$7K
Investment income$89
— government grantsLn 1e$94K
Total revenueLn 12$534K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.13 Fundraising $0.12
Program services75%$279K
Management & general13%$49K
Fundraising12%$46K
Total functional expensesLn 25$374K

Balance Sheet

Part X · end of year
CashLn 1$370K
Total assetsLn 16$447K
Total liabilitiesLn 26$56K
Total net assetsLn 32$391K
Months of cash on handcomputed11.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $370K · Operating expenses (Pt IX) $374K · Less non-cash grants $6K · Cash operating expenses/yr $368K
12.0 months
Where the money goes
Program services
Program services $279K · Total expenses $374K
75%
Management & General
Management & general $49K · Total expenses $374K
13%
Fundraising
Fundraising $46K · Total expenses $374K
12%
Cost to raise $1
Fundraising expense (2-yr avg) $54K · Solicited contributions (2-yr avg) $206K
$0.26 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $267K · Total revenue $534K
50%
Government reliance
Government grants $94K · Total revenue $534K
18%
Earned-income share
Program service revenue $260K · Total revenue $534K
49%
Investment reliance
Investment income $89 · Total revenue $534K
+0.02%
Program self-sufficiency
Program service revenue $260K · Total expenses $374K
70%
Growth & trend
Revenue growth (YoY)
This year $534K · Prior year $385K
+39%
Net-asset trend (YoY)
End of year $391K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $534K · Expenses $374K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $447K
Net-asset ratio
Net assets $391K · Total assets $447K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $447K
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 $84K · Total expenses $374K
23%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $272K · Total expenses $374K
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 13%
Fundraising cost ratio 17%
Revenue growth 39%
Accounting fee ratio 1%

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 · viewing · ⤓ 990 PDF
FY2020$385K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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