Experience Learning INC EIN 81-1372464

Experience Learning INC

EIN  81-1372464 Public charity (501(c)(3)) Circleville, WV
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Size
$100K–1M
What they do
Provides outdoor learning for children and adults to build community skills.
Leadership
David Martin · Executive Di · $50K
Money in and out
$930K revenue, $941K expenses
Bottom line
89% program efficiency

Provides outdoor learning for children and adults to build community skills. For fiscal year 2024 it reported $930K in revenue, $941K in expenses, and $1.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$930K
Pt VIII · Ln 12
Total expenses
$941K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11 Fundraising $0.01
Program efficiency
89%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
3.6mo
months of highly liquid reserves at operating expense rate▼ -12% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▼ -192% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$930K
FY2024▲ +4%
Expenses
$941K
FY2024▲ +7%
Total assets
$2.0M
FY2024▲ +1%
Total liabilities
$869K
FY2024▲ +4%
Total revenue
$930K
Pt VIII · Ln 12
Total expenses
$941K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $835K of program spending, described in the organization's own filed words · FY2024.
01

Develop effective community memebers through beyond-the-classroom, outdoor learning opportunities for children and adults.

$835Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CExperience Learning INC
EINHdr · item D81-1372464
Principal addressHdr · item CCircleville, WV
WebsiteHdr · item Jexperience-learning.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWV
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N20)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$49,920Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

David Martin’s $50K as Executive Di is at the 62nd percentile of top reported officer pay among 1018 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022
David Martin$49,920$46,215$47,039

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
Program service revenue$495K · 53%
Contributions & grants$429K · 46%
Investment income$5K · 1%
Program service revenue53%$495K
Contributions & grants46%$429K
Investment income1%$5K
Other revenue$1K
— government grantsLn 1e$279K
Total revenueLn 12$930K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11 Fundraising $0.01
Program services89%$835K
Management & general11%$100K
Fundraising1%$6K
Total functional expensesLn 25$941K

Balance Sheet

Part X · end of year
CashLn 1$81K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$869K
Total net assetsLn 32$1.2M
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $281K · Operating expenses/yr $941K
3.6 months
Where the money goes
Program services
Program services $835K · Total expenses $941K
89%
Management & General
Management & general $100K · Total expenses $941K
11%
Fundraising
Fundraising $6K · Total expenses $941K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $9K · Solicited contributions (3-yr avg) $155K
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $429K · Total revenue $930K
46%
Government reliance
Government grants $279K · Total revenue $930K
30%
Earned-income share
Program service revenue $495K · Total revenue $930K
53%
Investment reliance
Investment income $5K · Total revenue $930K
+1%
Program self-sufficiency
Program service revenue $495K · Total expenses $941K
53%
Growth & trend
Revenue growth (YoY)
This year $930K · Prior year $894K
+4%
Revenue CAGR
FY2020 $252K · FY2024 $930K
+39%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $930K · Expenses $941K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.2M · Total assets $2.0M
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $200K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
10%
People & payroll
Highest Reported Total Compensation
Individual David Martin · Reported title EXECUTIVE DI · Highest reported compensation $50K · Total expenses $941K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $544K · Total expenses $941K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 2%
Revenue growth 4%

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
See all 9 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)$930K revenue · viewing · ⤓ 990 PDF
FY2023$894K revenue · ⤓ 990 PDF
FY2022$951K revenue · ⤓ 990 PDF
FY2021$695K revenue · ⤓ 990 PDF
FY2020$252K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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