Learning Outside Inc
EIN: 452686552 · Carrboro, NC · NTEE: C60
Is Learning Outside Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Outside Inc
Learning Outside Inc (EIN: 452686552) is a nonprofit organization based in Carrboro, NC, classified under NTEE code C60. The organization reported total revenue of $485K and total assets of $578K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Outside Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Outside Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $462K |
| Total Expenses | $408K |
| Surplus / Deficit | +$53K |
| Total Assets | $534K |
| Total Liabilities | $33K |
| Net Assets | $502K |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 15.7 months |
Financial Health Grade: A
In 2023, Learning Outside Inc reported a surplus of $53K with revenue exceeding expenses, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Learning Outside Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | +5.6% | +5.8% |
| 2022 | -16.9% | +3.3% | +12.9% |
| 2021 | +38.7% | -5.8% | +27.5% |
| 2020 | -28.0% | -16.8% | +5.1% |
| 2019 | -2.8% | +4.6% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Outside Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Learning Outside Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.2%.
Frequently Asked Questions about Learning Outside Inc
Is Learning Outside Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Outside Inc (EIN: 452686552) insufficient data. 0 red flags identified, 0 strengths noted.
How does Learning Outside Inc spend its money?
Detailed spending breakdown data is not yet available for Learning Outside Inc. Check back for updated IRS 990 analysis.
Are donations to Learning Outside Inc tax-deductible?
Learning Outside Inc is registered as a tax-exempt nonprofit (EIN: 452686552). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Learning Outside Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Learning Outside Inc's revenue has grown by 396.6%, moving from $93K to $462K. Total assets increased by 569.6% over the same period, from $80K to $534K. Total functional expenses rose by 3002%, from $13K to $408K. In its most recent filing year (2023), Learning Outside Inc reported a surplus of $53K, with revenue exceeding expenses. The organization holds $33K in liabilities against $534K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $502K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $462K | $408K | $534K | $33K | — | — |
| 2022 | $444K | $387K | $505K | $57K | — | — |
| 2021 | $534K | $374K | $447K | $56K | — | View 990 |
| 2020 | $385K | $397K | $351K | $119K | — | — |
| 2019 | $535K | $478K | $334K | $90K | — | View 990 |
| 2018 | $551K | $457K | $277K | $91K | — | View 990 |
| 2017 | $296K | $377K | $158K | $66K | — | View 990 |
| 2016 | $400K | $359K | $226K | $53K | — | View 990 |
| 2015 | $320K | $312K | $188K | $56K | — | View 990 |
| 2014 | $269K | $251K | $164K | $0 | — | View 990 |
| 2013 | $273K | $219K | $138K | $85 | — | View 990 |
| 2012 | $180K | $176K | $84K | $0 | — | View 990 |
| 2011 | $93K | $13K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $462K, expenses of $408K, and assets of $534K (revenue +4.1% year-over-year).
- 2022: Revenue of $444K, expenses of $387K, and assets of $505K (revenue -16.9% year-over-year).
- 2021: Revenue of $534K, expenses of $374K, and assets of $447K (revenue +38.7% year-over-year).
- 2020: Revenue of $385K, expenses of $397K, and assets of $351K (revenue -28.0% year-over-year).
- 2019: Revenue of $535K, expenses of $478K, and assets of $334K (revenue -2.8% year-over-year).
- 2018: Revenue of $551K, expenses of $457K, and assets of $277K (revenue +85.8% year-over-year).
- 2017: Revenue of $296K, expenses of $377K, and assets of $158K (revenue -25.9% year-over-year).
- 2016: Revenue of $400K, expenses of $359K, and assets of $226K (revenue +25.1% year-over-year).
- 2015: Revenue of $320K, expenses of $312K, and assets of $188K (revenue +19.0% year-over-year).
- 2014: Revenue of $269K, expenses of $251K, and assets of $164K (revenue -1.8% year-over-year).
- 2013: Revenue of $273K, expenses of $219K, and assets of $138K (revenue +51.6% year-over-year).
- 2012: Revenue of $180K, expenses of $176K, and assets of $84K (revenue +94.0% year-over-year).
- 2011: Revenue of $93K, expenses of $13K, and assets of $80K.
Data Sources and Methodology
This transparency report for Learning Outside Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.