Learning Courage EIN 84-2757690

Learning Courage

EIN  84-2757690 Public charity (501(c)(3)) Portsmouth, NH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes institutional courage and effective action to reduce sexual misconduct and promote healing in schools.
Leadership
Jamie Forbes · President & CEO · $150K
Money in and out
$614K revenue, $721K expenses
Bottom line
49% program efficiency

Promotes institutional courage and effective action to reduce sexual misconduct and promote healing in schools. For fiscal year 2025 it reported $614K in revenue, $721K in expenses, and $138K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$614K
Pt VIII · Ln 12
Total expenses
$721K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$107K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.30 Fundraising $0.21
Program efficiency
49%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▼ -64% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▼ -263% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$614K
FY2025▲ +6%
Expenses
$721K
FY2025▲ +39%
Total assets
$140K
FY2025▼ -44%
Total liabilities
$2K
FY2025▼ -35%
Total revenue
$614K
Pt VIII · Ln 12
Total expenses
$721K
Pt IX · Ln 25
Net assets
$138K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$107K
Total assetsPt X · Ln 16$140K
Program-expense ratioPt IX · col B49%
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 $357K of program spending, described in the organization's own filed words · FY2025.
01

In 2025 We Accomplished the Following

Partnered with 17 schools across 16 states to strengthen policies, training, and culture.Delivered 92 trainings and programs reaching more than 5,000 educators, staff, and students nationwide. The response has been incredible.

$357Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLearning Courage
EINHdr · item D84-2757690
Principal addressHdr · item CPortsmouth, NH
WebsiteHdr · item Jlearningcourage.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2020

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 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$150,000Pt VII · Sec A
Executive Director
$150,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jamie Forbes’s $150K as President & CEO is at the 98th percentile of top reported officer pay among 2165 $100K–1M human services 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

NameFY2025FY2024FY2023FY2022FY2021
Jamie Forbes$150,000$130,000$130,000$116,370$115,000
Amy Wheeler$150,000$130,000$126,667

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$355K · 58%
Program service revenue$260K · 42%
Contributions & grants58%$355K
Program service revenue42%$260K
Total revenueLn 12$614K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.30 Fundraising $0.21
Program services49%$357K
Management & general30%$214K
Fundraising21%$151K
Total functional expensesLn 25$721K

Balance Sheet

Part X · end of year
CashLn 1$140K
Total assetsLn 16$140K
Total liabilitiesLn 26$2K
Total net assetsLn 32$138K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $140K · Operating expenses/yr $721K
2.3 months
Where the money goes
Program services
Program services $357K · Total expenses $721K
49%
Management & General
Management & general $214K · Total expenses $721K
30%
Fundraising
Fundraising $151K · Total expenses $721K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $120K · Solicited contributions (3-yr avg) $320K
$0.37 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $355K · Total revenue $614K
58%
Government reliance
Government grants — · Total revenue $614K
Earned-income share
Program service revenue $260K · Total revenue $614K
42%
Investment reliance
Investment income $0 · Total revenue $614K
0%
Program self-sufficiency
Program service revenue $260K · Total expenses $721K
36%
Growth & trend
Revenue growth (YoY)
This year $614K · Prior year $581K
+6%
Revenue CAGR
FY2020 $244K · FY2025 $614K
+20%
Net-asset trend (YoY)
End of year $138K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $614K · Expenses $721K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $140K
Net-asset ratio
Net assets $138K · Total assets $140K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $140K
0%
People & payroll
Highest Reported Total Compensation
Individual Jamie Forbes · Reported title President & CEO · Highest reported compensation $150K · Total expenses $721K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $590K · Total expenses $721K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 30%
Fundraising cost ratio 42%
Revenue growth 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%
Fundraising 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 4 funders$88K
See all 4 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
FY2025 (Latest)$614K revenue · viewing · ⤓ 990 PDF
FY2024$581K revenue · ⤓ 990 PDF
FY2023$368K revenue · ⤓ 990 PDF
FY2022$427K revenue · ⤓ 990 PDF
FY2021$376K revenue · ⤓ 990 PDF
FY2020$244K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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