Link INC EIN 84-2131856

Link INC

EIN  84-2131856 Public charity (501(c)(3)) Grinnell, IA Founded 2019
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Size
$100K–1M
What they do
Supports community efforts for quality child care and youth development programs.
Leadership
Ashley Risting · Executive Director · $43K
Money in and out
$232K revenue, $277K expenses
Bottom line
83% program efficiency

Supports community efforts for quality child care and youth development programs. For fiscal year 2024 it reported $232K in revenue, $277K in expenses, and $142K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$45K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program efficiency
83%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate▼ -17% vs prior filing year
Surplus margin
-19%
revenue over expenses, this year▼ -1427% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$232K
FY2024▼ -18%
Expenses
$277K
FY2024▼ -1%
Total assets
$164K
FY2024▼ -19%
Total liabilities
$21K
FY2024▲ +47%
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$277K
Pt IX · Ln 25
Net assets
$142K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$164K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

3 program services account for $145K of program spending, described in the organization's own filed words · FY2024.
01

LINK summer program offers education and enrichment activities to students when school is not meeting. This is a full day program that provides on-site programming, hands-on activities, adn field trips.

$108Kprogram expense
02

LINK after school porgram offers education and enrichment activities to students. This porgram provides on-site programming and hands-on activities.

$21Kprogram expense
03

LINK mentoring works to provide one to one attention in a safe inclusive enviorment for children who will benefit from having an additional positive role model in thier life.

$16Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLink INC
EINHdr · item D84-2131856
Principal addressHdr · item CGrinnell, IA
WebsiteHdr · item Jlinkgrinnell.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P40)
Ruling yearIRS BMFDec 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$42,548Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Ashley Risting’s $43K as Executive Director is at the 30th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Chad Nath$67,462$22,968
Ashley Risting$42,548$55,135$48,423$48,423
Jordyn Moyes$25,898

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$188K · 81%
Contributions & grants$27K · 11%
Other revenue$15K · 7%
Investment income$2K · 1%
Program service revenue81%$188K
Contributions & grants11%$27K
Other revenue7%$15K
Investment income1%$2K
Total revenueLn 12$232K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program services83%$230K
Management & general16%$44K
Fundraising1%$2K
Total functional expensesLn 25$277K

Balance Sheet

Part X · end of year
CashLn 1$147K
Total assetsLn 16$164K
Total liabilitiesLn 26$21K
Total net assetsLn 32$142K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $147K · Operating expenses (Pt IX) $277K · Less non-cash grants $1K · Cash operating expenses/yr $276K
6.4 months
Where the money goes
Program services
Program services $230K · Total expenses $277K
83%
Management & General
Management & general $44K · Total expenses $277K
16%
Fundraising
Fundraising $2K · Total expenses $277K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $72K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $27K · Total revenue $232K
11%
Government reliance
Government grants — · Total revenue $232K
Earned-income share
Program service revenue $188K · Total revenue $232K
81%
Investment reliance
Investment income $2K · Total revenue $232K
+1%
Program self-sufficiency
Program service revenue $188K · Total expenses $277K
68%
Growth & trend
Revenue growth (YoY)
This year $232K · Prior year $283K
-18%
Revenue CAGR
FY2019 $159K · FY2024 $232K
+8%
Net-asset trend (YoY)
End of year $142K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $232K · Expenses $277K
-19%
Liabilities-to-Assets
Total liabilities — · Total assets $164K
Net-asset ratio
Net assets $142K · Total assets $164K
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $164K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ashley Risting · Reported title Executive Director · Highest reported compensation $43K · Total expenses $277K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $182K · Total expenses $277K
66%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 16%
Fundraising cost ratio 7%
Revenue growth -18%

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 · FY2023
Total grants receivedfrom 1 funder$28K

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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$283K revenue · ⤓ 990 PDF
FY2023$319K revenue · ⤓ 990 PDF
FY2022$378K revenue · ⤓ 990 PDF
FY2021$249K revenue · ⤓ 990 PDF
FY2020$159K 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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