Learning Together Inc

Nonprofit profile at a glance

EIN
510161593
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9198565204
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Child Day Care

Official website

Reported finances

Revenue
$1,659,924
Expenses
$1,802,935
Assets
$455,421
Liabilities
$517,026

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • RANDI LIGON (PRESIDENT)
  • KYLE REESE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KYLE REESE (EXECUTIVE DIRECTOR): $129,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Learning together's certified developmental day center and community of resources empowers children with and without developmental delays and their families with the tools and skills essential for a life of learning and success.

What it reported doing in 2024

The developmental day program presents an inclusive, educational environment for children ages 18 months to five years old with, or at risk for, developmental disabilities as well as for children typically developing. The objective of the school is that each child, no matter where they may fall on the learning spectrum, will receive the foundation they need to be successful and reach their full potential. The developmental day program is licensed as a five-star center, the highest rating possible through the North Carolina division of child development and early education.learning together also places great value in establishing relationships with families. We are usually the first entry into preschool services for some families, which also means we are the entry point for parents with children with developmental delays into the wake county public school system (wcpss). Parents are learning how to navigate the special education system, while simultaneously learning how to raise a child(ren) with a unique set of needs. Learning together partners with these parents to identify what is developmentally appropriate for their child(ren) and overcome these challenges with successful and proven techniques. Since we began serving children and families in 1969, learning together has maintained a reputation as a program that embraces inclusion in the classroom. Learning together takes great pride in providing educational services for all children through the use of developmentally appropriate practices by creating a caring community of learners, teaching to enhance development and learning, planning curriculum to achieve important goals, assessing children's development and learning, and establishing reciprocal relationships with families. Students who are given the advantage of attending a pre-kindergarten (pre-k) program develop much needed emotional, academic, and social skills they may otherwise lack when entering kindergarten. Students who develop self-regulation skills gain confidence as they master academic concepts, and learn to cooperate with their peers in pre-k will be far better prepared to enter kindergarten. This is particularly true for students who are already at a disadvantage in any or all of these areas. We are committed to "changing the classroom today to change the workplace tomorrow".

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 79.2%; rating input score 79
  • Fundraising efficiency: $2.12 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -8.6%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 1.14; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 46; 46th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 79.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.4M in reported program spending
  • Leadership: top reported pay $129K · 4 people listed
  • Highest-paid contractors: 2 contractors listed · $266K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 6/100.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Moderate — Sustainability: Officer compensation ratio scored 46/100.