Link to Libraries INC EIN 26-3155657

Link to Libraries INC FY2024 filing

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Donates books to underserved elementary and preschools in Western MA and Northern CT to enhance children's language and literacy skills. For fiscal year 2024 it reported $201K in revenue, $255K in expenses, and $500K in net assets.Pt I

Founded
2008
Type
Public charity (501(c)(3)) · Education
Location
Hampden, MA
Website
www.linktolibraries.org
Filings
4 on file (2021–2024)
Revenue
$201KFY2024
Expenses
$255K
Net assets
$500K
People
11
Filings
4
Updates
0
More identity details & actions ⌄
EIN  26-3155657 Public charity (501(c)(3)) Hampden, MA Founded 2008
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Donates books to underserved elementary and preschools in Western MA and Northern CT to enhance children's language and literacy skills.
Leadership
Laurie Flynn · President · $75K
Money in and out
$201K revenue, $255K expenses
Bottom line
70% program efficiency
Where the money goes · FY2024
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$500K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$53K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.10 Fundraising $0.19
Program efficiency
70%
of spending reaches programs
Operating runway
18.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-27%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$201K
FY2024▼ -22%
Expenses
$255K
FY2024▲ +28%
Total assets
$523K
FY2024▼ -10%
Total liabilities
$23K
FY2024▲ +225%
Total revenue
$201K
Pt VIII · Ln 12
Total expenses
$255K
Pt IX · Ln 25
Net assets
$500K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$53K
Total assetsPt X · Ln 16$523K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $179K of program spending, described in the organization's own filed words · FY2023.
01

To purchase, collect and donate new and gently used books to public elementary and preschools and not-for-profit organizations located in underserved communities - those with at least 80% of their children on free or reduced lunch in Western MA or Northern CT.

$179Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLink to Libraries INC
EINHdr · item D26-3155657
Principal addressHdr · item CHampden, MA
WebsiteHdr · item Jwww.linktolibraries.org
Year of formationHdr · item L2008
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B12)
Ruling yearIRS BMFDec 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$75,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Laurie Flynn’s $75K as President is at the 67th percentile of top reported officer pay among 1615 $100K–1M education 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

NameFY2024FY2024FY2023FY2022FY2021
Laurie Flynn$75,000$75,000
Laurie Flynn$75,000$70,000$70,000

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.

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Statement of Revenue

Part VIII
Program service revenue$99K · 49%
Contributions & grants$95K · 47%
Other revenue$6K · 3%
Program service revenue49%$99K
Contributions & grants47%$95K
Other revenue3%$6K
Investment income$698
Total revenueLn 12$201K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.10 Fundraising $0.19
Program services70%$179K
Management & general10%$26K
Fundraising19%$50K
Total functional expensesLn 25$255K

Balance Sheet

Part X · end of year
CashLn 1$389K
Total assetsLn 16$523K
Total liabilitiesLn 26$23K
Total net assetsLn 32$500K
Months of cash on handcomputed18.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $389K · Operating expenses/yr $255K
18.3 months
Where the money goes
Program services
Program services $179K · Total expenses $255K
70%
Management & General
Management & general $26K · Total expenses $255K
10%
Fundraising
Fundraising $50K · Total expenses $255K
19%
Cost to raise $1
Fundraising expense (3-yr avg) $28K · Solicited contributions (3-yr avg) $147K
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $95K · Total revenue $201K
47%
Government reliance
Government grants — · Total revenue $201K
Earned-income share
Program service revenue $99K · Total revenue $201K
49%
Investment reliance
Investment income $698 · Total revenue $201K
+0.3%
Program self-sufficiency
Program service revenue $99K · Total expenses $255K
39%
Growth & trend
Revenue growth (YoY)
This year $201K · Prior year $259K
-22%
Net-asset trend (YoY)
End of year $500K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $201K · Expenses $255K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $523K
Net-asset ratio
Net assets $500K · Total assets $523K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $523K
0%
People & payroll
Highest Reported Total Compensation
Individual Laurie Flynn · Reported title President · Highest reported compensation $75K · Total expenses $255K
29%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $112K · Total expenses $255K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 10%
Fundraising cost ratio 52%
Revenue growth -22%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

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$28K
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
FY2024$201K revenue · viewing · ⤓ 990 PDF
FY2023$259K revenue · ⤓ 990 PDF
FY2022$178K revenue · ⤓ 990 PDF
FY2021$197K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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