Linden Resources Inc
- Assets
- $0.0
- Revenue
- $420.0k
- Investments
- $0.0
- Employees
- 253
- Location
- Upper Marlboro, MD
- Founding
- Data as of
- 06/2019
- EIN
- 54-0660113
Organization Overview
Linden Resources Inc is located in Upper Marlboro, MD. As of 06/2019, Linden Resources Inc employed 253 individuals. Linden Resources Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2019, Linden Resources Inc generated $420.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (57.1%) each year. All expenses for the organization totaled $46.7k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (75.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE LIVES OF PEOPLE WITH DISABILITIES THROUGH EMPLOYMENT OPPORTUNITIES WHILE PROVIDING QUALITY SERVICE TO OUR CUSTOMERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Wareing Evans Chair | OfficerTrustee | 2 | $0 |
Darrell Mcgraw Vice Chair | OfficerTrustee | 2 | $0 |
Steve Martin Treasurer | OfficerTrustee | 2 | $0 |
Pat Murray Board Member | Trustee | 2 | $0 |
Jeff Goldberg Board Member | Trustee | 2 | $0 |
Joseph Green Jr Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Granato Consulting Consulting | 6/29/18 | $677,000 |
Aptean Systems Llc Software For The Peace Corp Irms Billing | 6/29/18 | $128,000 |
Commercial Express Hvac Services | 6/29/18 | $121,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $420,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $46,682 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $46,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |