Joseph M & Thelma Linsey Foundation
EIN: 46038331 · Newton, MA
| Metric | Value |
|---|---|
| Total Revenue | $726K |
| Total Expenses | $217K |
| Net Assets | $565K |
Is Joseph M & Thelma Linsey Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joseph M & Thelma Linsey Foundation
Joseph M & Thelma Linsey Foundation (EIN: 46038331) is a nonprofit organization based in Newton, MA. The organization reported total revenue of $726K and total assets of $773K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph M & Thelma Linsey Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph M & Thelma Linsey Foundation is a small nonprofit that has been operating for 79 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $217K |
| Surplus / Deficit | +$98K |
| Total Assets | $565K |
| Total Liabilities | $1 |
| Net Assets | $565K |
| Operating Margin | 31.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 31.3 months |
Financial Health Grade: A
In 2023, Joseph M & Thelma Linsey Foundation reported a surplus of $98K with revenue exceeding expenses, holds 31.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Joseph M & Thelma Linsey Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.8% | +1196.1% | +21.0% |
| 2022 | +506.8% | +11.4% | +163.0% |
| 2021 | -59.6% | -95.7% | +24.9% |
| 2020 | +222.6% | -0.3% | -61.4% |
| 2019 | -65.8% | -7.4% | +299.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joseph M & Thelma Linsey Foundation 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 Joseph M & Thelma Linsey Foundation 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 $98K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joseph M & Thelma Linsey Foundation
Is Joseph M & Thelma Linsey Foundation a legitimate charity?
Joseph M & Thelma Linsey Foundation (EIN: 46038331) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $726K. No red flags identified. Financial health grade: A.
How does Joseph M & Thelma Linsey Foundation spend its money?
Joseph M & Thelma Linsey Foundation reported $726K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joseph M & Thelma Linsey Foundation tax-deductible?
Joseph M & Thelma Linsey Foundation is registered as a tax-exempt nonprofit (EIN: 46038331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joseph M & Thelma Linsey Foundation located?
Joseph M & Thelma Linsey Foundation is headquartered in Newton, Massachusetts and files with the IRS under EIN 46038331.
How many years of IRS 990 filings does Joseph M & Thelma Linsey Foundation have?
Joseph M & Thelma Linsey Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $726K in total revenue.
Filing History
IRS 990 filing history for Joseph M & Thelma Linsey Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph M & Thelma Linsey Foundation's revenue has grown by 664.8%, moving from $41K to $315K. Total assets decreased by 20.1% over the same period, from $707K to $565K. Total functional expenses fell by 41%, from $368K to $217K. In its most recent filing year (2023), Joseph M & Thelma Linsey Foundation reported a surplus of $98K, with revenue exceeding expenses. The organization holds $1 in liabilities against $565K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $565K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $217K | $565K | $1 | — | View 990 |
| 2022 | $306K | $17K | $467K | $1 | — | View 990 |
| 2021 | $50K | $15K | $177K | $1 | — | — |
| 2020 | $125K | $351K | $142K | $1 | — | — |
| 2019 | $39K | $352K | $368K | $1 | — | View 990 |
| 2015 | $113K | $380K | $92K | $1 | — | View 990 |
| 2014 | $50K | $406K | $359K | $1 | — | View 990 |
| 2013 | $27K | $23K | $715K | $1 | — | View 990 |
| 2012 | $28K | $24K | $712K | $1 | — | View 990 |
| 2011 | $41K | $368K | $707K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $217K, and assets of $565K (revenue +2.8% year-over-year).
- 2022: Revenue of $306K, expenses of $17K, and assets of $467K (revenue +506.8% year-over-year).
- 2021: Revenue of $50K, expenses of $15K, and assets of $177K (revenue -59.6% year-over-year).
- 2020: Revenue of $125K, expenses of $351K, and assets of $142K (revenue +222.6% year-over-year).
- 2019: Revenue of $39K, expenses of $352K, and assets of $368K (revenue -65.8% year-over-year).
- 2015: Revenue of $113K, expenses of $380K, and assets of $92K (revenue +125.7% year-over-year).
- 2014: Revenue of $50K, expenses of $406K, and assets of $359K (revenue +86.7% year-over-year).
- 2013: Revenue of $27K, expenses of $23K, and assets of $715K (revenue -5.6% year-over-year).
- 2012: Revenue of $28K, expenses of $24K, and assets of $712K (revenue -30.9% year-over-year).
- 2011: Revenue of $41K, expenses of $368K, and assets of $707K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph M & Thelma Linsey Foundation:
Data Sources and Methodology
This transparency report for Joseph M & Thelma Linsey Foundation 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.