Linden Resources Inc

Nonprofit profile at a glance

EIN
540660113
IRS 990 coverage
2012–2018
Forms available
Form 990 2018
Location
Upper Marlboro, MD, USA
Phone
3015998000
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Goodwill Industries

Official website

Reported finances

Revenue
$420,000
Expenses
$46,682
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • CAROL ANN DESANTIS (CEO)

Highest reported compensation

  • CAROL ANN DESANTIS (CEO): $502,477 total reported compensation
  • MYRON THOMAS (COO): $353,263 total reported compensation
  • LARYSA KAUTZ (GENERAL COUNSEL): $311,263 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To enrich the lives of people with disabilities through employment opportunities while providing quality service to our customers.

What it reported doing in 2018

Contracts: linden resources inc. Places veterans and other individuals with severe disabilities in ability one and other government contracts which were secured for the sole intent of expanding employment for this specific group of people. In these settings, veterans and other individuals earn minimum or above minimum wages, have health and other benefits, and pay taxes to be fully contributing members of their community. This employment contributes to an enriched sense of meaning, belonging, and quality of life.

Operating model

Revenue model
Earned-program. 100% 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.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 60
  • Accountability: 87
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 11.1%; rating input score 11
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.9%; rating input score 93; 25th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 88.9%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 304.3%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -10.2% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -7.2% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -10.7% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 11.1% of revenue deployed · 100% of spending went to programs
  • Governance: 13 of 14 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $47K in reported program spending
  • Leadership: top reported pay $502K · 20 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2012 to 2018
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • 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: Mission deployment rate scored 11/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.