Link Philanthropy Inc
- Assets
- $163.8k
- Revenue
- $166.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 54-1797878
Organization Overview
Link Philanthropy Inc, operating under the name The Noblemen, is located in Virginia Beach, VA. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noblemen 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 12/2021, Noblemen generated $166.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $97.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NOBLEMEN MISSION IS TO IDENTIFY AND PERFORM NOBLE DEEDS FOR GREAT LOCAL KIDS WHO ARE IN NEED OF HELP AND SUPPORT OTHER QUALIFIED CHARITY ORGANIZATIONS WHO SUPPORT AND SERVE LOCAL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ASSISTANCE TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS AND INDIVIDUALS THROUGHOUT THE GREATER HAMPTON ROADS AREA WITH SPECIAL EMPHASIS ON FAMILY AND CHILDREN NEEDS. PROGRAMS INCLUDE: 1) DICTIONARY PROJECT: TO PROVIDE SCHOLASTIC DICTIONARIES TO THIRD GRADE STUDENTS IN TARGETED LOW/MODERATE INCOME ELEMENTARY SCHOOLS IN VIRGINIA. 2) EDMARK HOSPICE FOR CHILDREN TROLLEY RIDE: PROVIDE CHRISTMAS PRESENTS AND MEALS TO FAMILIES DESIGNATED BY THE HOSPICE ORGANIZATION FOR CHILDREN IN END LIFE CANCER SITUATIONS AND GROUP HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred Midgett Chairman | OfficerTrustee | 120 | $0 |
Gary Lauck Vice Chairman | OfficerTrustee | 60 | $0 |
Kirsten Robinson Secretary | OfficerTrustee | 60 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $23,383 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $62,575 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,958 |
| Total Program Service Revenue | $0 |
| 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 | $80,188 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $166,146 |
| 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 | $30,308 |
| Fees for services: Legal | $625 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $330 |
| Office expenses | $343 |
| Information technology | $90 |
| 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 | $5,240 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,522 |
| All other expenses | $51,280 |
| Total functional expenses | $97,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $159,581 |
| 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 | $1,053 |
| 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 | $3,118 |
| Total assets | $163,752 |
| 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 | $5,741 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,741 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $158,011 |
| Total liabilities and net assets/fund balances | $163,752 |
Grants Awarded
Over the last fiscal year, Link Philanthropy Inc has awarded $22,550 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Virginia Beach, VA PURPOSE: RECOVERY FOR LIFE RESCUES AND EMPOWERS CHILDREN, TEENS AND ADULTS WHO STRUGGLE WITH ADDICTIONS AND COMPULSIVE BEHAVIORS. | $3,000 |
Norfolk, VA PURPOSE: TO DISTRIBUTE FOOD EFFECTIVELY THROUGH COLLABORATIVE EFFORTS THAT MINIMIZE HUNGER, PROMOTE NUTRITION AND ENCOURAGE SELF-RELIANCE THROUGH EDUCATION. | $2,500 |
Chesapeake, VA PURPOSE: TO SUPPORT POWER SOCCER ATHLETES IN THE STATE OF VIRGINIA. | $2,500 |
Virginia Beach, VA PURPOSE: TO BRING JOY TO CHILDREN WITH LIFE-THREATENING ILLNESSES BY GRANTING THEM A DREAM OF A LIFETIME. | $2,500 |
Virginia Beach, VA PURPOSE: ENDING THE CYCLE OF YOUTH HOMELESSNESS. | $1,750 |
Chesapeake, VA PURPOSE: TO SIGNIFICANTLY REDUCE THE LOSS AND SUFFERING FROM TEEN AND YOUNG ADULT DEPRESSION, SUICIDE, AND SUICIDAL BEHAVIOR THROUGH EDUCATIONAL PROGRAMS AND COMMUNITY PARTNERSHIPS. | $1,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Link Philanthropy Inc has recieved totaling $106.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Harford Community Action Agency Inc Edgewood, MD | $1,673,036 | $9,657,215 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
Families U S A Foundation Inc Washington, DC | $37,749,314 | $9,369,992 |
Community Assistance Network Inc Baltimore, MD | $3,357,126 | $8,764,138 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |