Linked Together

Linked Together faces persistent operating deficits despite substantial assets, with declining revenue in recent years.

EIN: 20490043 · Newmarket, NH · NTEE: P33 · Updated: 2026-03-28

$166KRevenue

$506KAssets

65/100Mission Score (Good)

P33

About Linked Together

Linked Together (EIN: 20490043) is a nonprofit organization based in Newmarket, NH, classified under NTEE code P33. The organization reported total revenue of $166K and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Linked Together's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Linked Together, based in Newmarket, NH, demonstrates a concerning trend of operating deficits in recent years, with expenses consistently exceeding revenue. For instance, in fiscal year 2023, the organization reported revenue of $156,555 against expenses of $184,099, resulting in a deficit of $27,544. This pattern is also evident in 2022 ($109,151 revenue vs. $177,758 expenses) and 2021 ($31,189 revenue vs. $141,926 expenses), indicating a potential reliance on drawing down assets or inconsistent funding.

While the organization's assets have remained substantial, at $505,668 currently, they have been steadily declining from a peak of $761,988 in 2020. This decline, coupled with persistent operating deficits, raises questions about the long-term financial sustainability if revenue generation does not improve to cover expenses. The consistent reporting of 0% officer compensation across all filings is a positive indicator of efficient use of funds at the executive level, suggesting that resources are not being diverted to high salaries.

However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The overall financial health appears to be under pressure due to the recurring deficits, despite the current asset base providing some buffer. Improved revenue stability and a clearer expense allocation would enhance transparency and provide a more robust picture of financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Linked Together with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Linked Together allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries, which is highly unusual for an organization of this size and suggests a volunteer-led structure at the top.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Linked Together's IRS 990 filings:

Persistent operating deficits in recent fiscal years (e.g., $27,544 deficit in 2023).
Significant decline in total assets from $761,988 in 2020 to $505,668 currently.
Substantial drop in revenue from $322,442 in 2019 to $31,189 in 2021, indicating revenue instability.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering full spending efficiency analysis.

Strengths

The following positive indicators were identified for Linked Together:

Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Maintains a substantial asset base ($505,668), providing a buffer despite recent deficits.
Long filing history (13 filings) suggests established operations and compliance.

Frequently Asked Questions about Linked Together

Is Linked Together financially sustainable given its recent operating deficits?

The organization has experienced consistent operating deficits since 2020, with expenses exceeding revenue. While it possesses significant assets ($505,668), these have been declining, raising concerns about long-term sustainability if revenue generation does not improve.

What is the cause of the significant drop in revenue from 2019 to 2021?

Revenue dropped from $322,442 in 2019 to $31,189 in 2021, a substantial decrease that warrants further investigation into funding sources, grant cycles, or changes in fundraising strategies during that period.

How does Linked Together cover its expenses with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests a volunteer-driven leadership model. This can be efficient but also raises questions about the capacity and professional management of the organization, especially given the scale of its operations and assets.

What are the specific program activities and their associated costs?

Without a detailed functional expense breakdown in the provided data, it's difficult to ascertain the specific program activities and the proportion of spending directly allocated to them, which is crucial for assessing program efficiency.

Filing History

IRS 990 filing history for Linked Together showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Linked Together's revenue has declined by 29.5%, moving from $222K to $157K. Total assets increased by 180.1% over the same period, from $189K to $529K. Total functional expenses rose by 9.9%, from $167K to $184K. In its most recent filing year (2023), Linked Together reported a deficit of $28K, with expenses exceeding revenue. The organization holds $3K in liabilities against $529K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $526K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$157K	$184K	$529K	$3K	—	—
2022	$109K	$178K	$553K	$0	—	View 990
2021	$31K	$142K	$622K	$0	—	View 990
2020	$228K	$255K	$762K	$30K	—	View 990
2019	$322K	$255K	$761K	$1K	—	View 990
2018	$322K	$227K	$693K	$1K	—	View 990
2017	$329K	$233K	$598K	$1K	—	View 990
2016	$302K	$198K	$502K	$1K	—	View 990
2015	$228K	$180K	$397K	$1K	—	View 990
2014	$218K	$166K	$349K	$1K	—	View 990
2013	$203K	$161K	$298K	$1K	—	View 990
2012	$222K	$156K	$255K	$1K	—	View 990
2011	$222K	$167K	$189K	$1K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $157K, expenses of $184K, and assets of $529K (revenue +43.4% year-over-year).
2022: Revenue of $109K, expenses of $178K, and assets of $553K (revenue +250.0% year-over-year).
2021: Revenue of $31K, expenses of $142K, and assets of $622K (revenue -86.3% year-over-year).
2020: Revenue of $228K, expenses of $255K, and assets of $762K (revenue -29.4% year-over-year).
2019: Revenue of $322K, expenses of $255K, and assets of $761K (revenue +0.1% year-over-year).
2018: Revenue of $322K, expenses of $227K, and assets of $693K (revenue -2.1% year-over-year).
2017: Revenue of $329K, expenses of $233K, and assets of $598K (revenue +8.8% year-over-year).
2016: Revenue of $302K, expenses of $198K, and assets of $502K (revenue +33.0% year-over-year).
2015: Revenue of $228K, expenses of $180K, and assets of $397K (revenue +4.5% year-over-year).
2014: Revenue of $218K, expenses of $166K, and assets of $349K (revenue +7.2% year-over-year).
2013: Revenue of $203K, expenses of $161K, and assets of $298K (revenue -8.5% year-over-year).
2012: Revenue of $222K, expenses of $156K, and assets of $255K (revenue -0.1% year-over-year).
2011: Revenue of $222K, expenses of $167K, and assets of $189K.

Data Sources and Methodology

This transparency report for Linked Together 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.