Learnin the Ropes FY2024 filing

Tax-deductible

Baton Rouge, LA501(c)(3)Recreation & SportsEIN 87-3493386Revenue $336K in FY2024

On file with the IRSlearnintheropes.com12231 Myers Park Ave, 70810-4858 · Baton Rouge, LATax-exempt since Jan 2023Publicly supported — 509(a)(2)

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To inspire, educate, and serve others through jump rope in order to promote active, healthy lifestyles for youth and adults.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$114K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$114K
to officers and key staff · 35% of spending
Concern: pay to officers and key staff is 35% of spending; over 30%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$336K
-0.2% vs prior year
Spent
$328K
To programs
100%
Net assets
$23K
By yearFY2021–FY2025
Revenue
$336K
FY2024-0.2%
Tap a bar for its year
Revenue by fiscal year
FY2021$0
FY2022$243K
FY2023$336K
FY2024$336K
FY2025$317K
Expenses
$328K
FY2024▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022$213K
FY2023$351K
FY2024$328K
FY2025$322K
Net assets
$23K
FY2024▲ +50%
Tap a bar for its year
Net assets by fiscal year
FY2021Not on file
FY2022$30K
FY2023$15K
FY2024$23K
FY2025$19K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $328K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990; $114K paid to officers and key staff.

Part VII, Section A · reportable compensation
$114,000Pt VII · Sec A
$0Pt VII · Sec A

Nicholas D Woodard’s $117K as President is at the 95th percentile of top reported officer pay among 1017 $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

NameFY2025FY2024FY2023FY2022
Nicholas D Woodard$117,000$114,000$112,000$72,000

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.

See Learnin the Ropes executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes active, healthy lifestyles by inspiring, educating, and serving others through jump rope.

Provided by the organization

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1 program · $328K · in their own filed words · FY2024
01

In 2024, we were able to impact more than 32,000 students and over 925 teachers and adults. We conducted 60+ after school classes, 5 summer camps, 14 PE Conferences and Professional Developments, and 8 Jump Rope Clinics. We also provided Performances with motivational messages at over 80 schools and churches, and 180 PE Class Take Overs.

$328Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$336K
Ln 12
Fees for servicesLn 2g$336K
Money outPt IX
$328K
Ln 25
Programscol B$328K
Owns and owesPt X
$23K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$31K
LiabilitiesLn 26$8K
PeoplePt VI, VII
2
listed · VII A
PaidVII A1
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$336K
Gains on assetsLn 7$0
Total revenueLn 12$336K
Assets in detailPt X, end of year
CashLn 1$31K
SavingsLn 2$0
Cash and savings togetherLn 1–2$31K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$31K
LiabilitiesLn 26$8K
Net assetsLn 32$23K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$25K$31K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$25K$31K
LiabilitiesLn 26$10K$8K
Net assetsLn 32$15K$23K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$114K$114K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$9K$9K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$8K$8K
Office expensesLn 13$6K$6K
Information technologyLn 14$6K$6K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$11K$11K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$160K$160K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$328K$328K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $317K$322K−$4K$19K 990 PDF
FY2024 Viewing $336K$328K$8K$23K 990 PDF
FY2023 $336K$351K−$15K$15K 990 PDF
FY2022 $243K$213K$30K$30K 990 PDF
FY2021 $0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $335,900 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $336,481$335,900
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $336,481$335,900
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $122,876$123,282
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $228,279$204,973
I-18 Total expensesPrior year $351,155$328,255
I-19 Revenue less expensesPrior year −$14,674$7,645
Part VI · Governance 0 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $335,900 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $335,900$335,900
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $335,900$335,900
Part IX · Statement of functional expenses $328,255 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $114,000$114,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $9,282$9,282
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $8,465$8,465
IX-13 Office expensesPrograms $6,039$6,039
IX-14 Information technologyPrograms $6,371$6,371
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $11,298$11,298
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $9,050$9,050
IX-24 Other expenses (24a–d)Programs $159,811$159,811
IX-24e All other expensesPrograms $3,939$3,939
IX-25 Total functional expensesPrograms $328,255 · Management $0 · Fundraising $0$328,255
Part X · Balance sheet $30,589 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $24,948$30,589
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $24,948$30,589
X-25 Other liabilitiesStart of year $9,669$7,665
X-26 Total liabilitiesStart of year $9,669$7,665
X-32 Total net assets or fund balancesStart of year $15,279$22,924
X-33 Total liabilities and net assetsStart of year $24,948$30,589
Part XI · Reconciliation of net assets $22,924 net assets at year end
XI-1 Total revenue$335,900
XI-2 Total expenses$328,255
XI-3 Revenue less expenses$7,645
XI-4 Net assets at start of year$15,279
XI-10 Net assets at end of year$22,924

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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