Civic Intelligence

The Linden Foundation Inc

EIN 22-6678640 • Boston, MA

2 Liberty Square 500Boston, MA 02109
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$10M-$25M nonprofits • Source year 2024

Net Margin

58th percentile

10%

Higher net margin than 58% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

$10M-$25M nonprofits • Source year 2025

Asset Growth

60th percentile

6.7%

Faster asset growth than 60% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

106%

Faster revenue growth than 88% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Using 2024 Form 990PF data because the latest 2025 filing does not report standard financial totals.

Assets

Up

$13,254,772

Up $835,456 (+6.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$13,254,772

Up $835,456 (+6.7%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin58th percentile

Revenue

Up

$1,064,601

Up $548,656 (+106%) from 2023

Expenses

Up

$954,891

Up $288,405 (+43%) from 2023

Net Income

Up

$109,710

Up $260,251 (+173%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $5,276,791Liabilities 2010: $0Net Assets 2010: $5,276,7912010Assets 2011: $5,745,247Liabilities 2011: $0Net Assets 2011: $5,745,2472011Assets 2012: $5,874,950Liabilities 2012: $0Net Assets 2012: $5,874,9502012Assets 2013: $5,908,265Liabilities 2013: $0Net Assets 2013: $5,908,2652013Assets 2014: $6,215,713Liabilities 2014: $0Net Assets 2014: $6,215,7132014Assets 2015: $6,188,705Liabilities 2015: $0Net Assets 2015: $6,188,7052015Assets 2016: $6,481,945Liabilities 2016: $0Net Assets 2016: $6,481,9452016Assets 2017: $6,703,249Liabilities 2017: $0Net Assets 2017: $6,703,2492017Assets 2018: $8,527,497Liabilities 2018: $0Net Assets 2018: $8,527,4972018Assets 2019: $10,521,251Liabilities 2019: $0Net Assets 2019: $10,521,2512019Assets 2020: $11,510,625Liabilities 2020: $0Net Assets 2020: $11,510,6252020Assets 2021: $13,400,332Liabilities 2021: $0Net Assets 2021: $13,400,3322021Assets 2022: $10,939,565Liabilities 2022: $0Net Assets 2022: $10,939,5652022Assets 2023: $12,419,316Liabilities 2023: $0Net Assets 2023: $12,419,3162023Assets 2024: $13,254,772Liabilities 2024: $0Net Assets 2024: $13,254,7722024

Latest loaded filing

2024

Assets$13,254,772
Liabilities$0
Net Assets$13,254,772
Open 2024 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $886,3062010Expenses 2011: $769,5022011Expenses 2012: $780,3452012Revenue 2013: $676,400Expenses 2013: $670,490Net Income 2013: $5,9102013Revenue 2014: $809,116Expenses 2014: $647,189Net Income 2014: $161,9272014Revenue 2015: $642,389Expenses 2015: $698,477Net Income 2015: -$56,0882015Revenue 2016: $741,283Expenses 2016: $489,629Net Income 2016: $251,6542016Revenue 2017: $629,956Expenses 2017: $430,436Net Income 2017: $199,5202017Revenue 2018: $350,196Expenses 2018: $485,126Net Income 2018: -$134,9302018Revenue 2019: $1,116,005Expenses 2019: $499,901Net Income 2019: $616,1042019Revenue 2020: $437,380Expenses 2020: $707,130Net Income 2020: -$269,7502020Revenue 2021: $352,175Expenses 2021: $654,627Net Income 2021: -$302,4522021Revenue 2022: $600,220Expenses 2022: $563,543Net Income 2022: $36,6772022Revenue 2023: $515,945Expenses 2023: $666,486Net Income 2023: -$150,5412023Revenue 2024: $1,064,601Expenses 2024: $954,891Net Income 2024: $109,7102024

Latest loaded filing

2024

Revenue$1,064,601
Expenses$954,891
Net Income$109,710
Open 2024 Filing

Filings

Most recent year

2025 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$13.3$0.00$13.3$1.06$0.95$0.11
2023Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$0.52$0.67$0.15
2022Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$0.60$0.56$0.04
2021Detailed filing. Detailed filing data is available for this year.$13.4$0.00$13.4$0.35$0.65$0.30
2020Detailed filing. Detailed filing data is available for this year.$11.5$0.00$11.5$0.44$0.71$0.27
2019Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$1.12$0.50$0.62
2018Detailed filing. Detailed filing data is available for this year.$8.53$0.00$8.53$0.35$0.49$0.13
2017Detailed filing. Detailed filing data is available for this year.$6.70$0.00$6.70$0.63$0.43$0.20
2016Detailed filing. Detailed filing data is available for this year.$6.48$0.00$6.48$0.74$0.49$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.19$0.00$6.19$0.64$0.70$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.22$0.00$6.22$0.81$0.65$0.16
2013Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$0.68$0.67$0.01
2012Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$0.78
2011Detailed filing. Detailed filing data is available for this year.$5.75$0.00$5.75$0.77
2010Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$0.89
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 7, 2026
Return Version
2025v4.0
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGEN S KELSEYPresident/Director-$0--
WILLIAM C KELSEYTreasurer/Director-$0--
SUZANNE V A KELSEYSecretary/Director-$0--
THOMAS V A KELSEYDirector (Until 10/29/25)-$0--
KENNETH V SIEGERTDirector-$0--
MARK J PINEDirector-$0--
LEA DOBBS KELSEYDirector-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantLAKES REGION COMMUNITY DEVELOPERSGENERAL OPERATING/PROGRAM SUPPORT-LACONIA, NH, US$185,000
Paid GrantARCHWAYS (FKA GREATER TILTON AREA FAMILY RESOURCE CENTER)GENERAL OPERATING/PROGRAM SUPPORT-TILTON, NH, US$75,000
Paid GrantACT LAWRENCEGENERAL OPERATING/PROGRAM SUPPORT-LAWRENCE, MA, US$45,000
Paid GrantWELLSPRING HOUSEGENERAL OPERATING/PROGRAM SUPPORT-GLOUCESTER, MA, US$35,000
Paid GrantACTION INCGENERAL OPERATING/PROGRAM SUPPORT-GLOUCESTER, MA, US$30,000
Paid GrantLAKES REGION COMMUNITY SERVICESGENERAL OPERATING/PROGRAM SUPPORT-LACONIA, NH, US$30,000
Paid GrantPARENTCHILDGENERAL OPERATING/PROGRAM SUPPORT-NEW YORK, NY, US$30,000
Paid GrantPATHWAYS ADULT EDUCATION AND TRAINING INCGENERAL OPERATING/PROGRAM SUPPORT-LYNN, MA, US$30,000
Paid GrantPATHWAYS FOR CHILDRENCAPE ANN FAMILIESGENERAL OPERATING/PROGRAM SUPPORT-GLOUCESTER, MA, US$30,000
Paid GrantPROJECT KOMPASSGENERAL OPERATING/PROGRAM SUPPORT-NORTH CHELMSFORD, MA, US$30,000
Paid GrantRAW ART WORKSGENERAL OPERATING/PROGRAM SUPPORT-LYNN, MA, US$30,000
Paid GrantVOICES AGAINST VIOLENCEGENERAL OPERATING/PROGRAM SUPPORT-PLYMOUTH, NH, US$30,000
Paid GrantBELKNAP HOUSEGENERAL OPERATING/PROGRAM SUPPORT-LACONIA, NH, US$25,000
Paid GrantINTERNATIONAL INSTITUTE OF NEW ENGLANDGENERAL OPERATING/PROGRAM SUPPORT-BOSTON, MA, US$25,000
Paid GrantLAWRENCE COMMUNITYWORKSGENERAL OPERATING/PROGRAM SUPPORT-LAWRENCE, MA, US$25,000
Paid GrantPLUMMER YOUTH PROMISEGENERAL OPERATING/PROGRAM SUPPORT-SALEM, MA, US$25,000
Paid GrantAFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC (AHEAD)GENERAL OPERATING/PROGRAM SUPPORT-LITTLETON, NH, US$20,000
Paid GrantFAMILIES IN TRANSITIONGENERAL OPERATING/PROGRAM SUPPORT-MANCHESTER, NH, US$20,000
Paid GrantFAMILY AND CHILDREN'S SERVICE OF GREATER LYNN INCGENERAL OPERATING/PROGRAM SUPPORT-LYNN, MA, US$20,000
Paid GrantFAMILY HEALTH PROJECTGENERAL OPERATING/PROGRAM SUPPORT-MANCHESTER, MA, US$20,000
Paid GrantORANIZATION FOR REFUGEE AND IMMIGRANT SUCCESS (ORIS)GENERAL OPERATING/PROGRAM SUPPORT-MANCHESTER, NH, US$20,000
Paid GrantWAYPOINTGENERAL OPERATING/PROGRAM SUPPORT-MANCHESTER, NH, US$20,000
Paid GrantCOALITION FOR A BETTER ACREGENERAL OPERATING/PROGRAM SUPPORT-LOWELL, MA, US$15,000
Paid GrantCIRCLE PROGRAMGENERAL OPERATING/PROGRAM SUPPORT-PLYMOUTH, NH, US$10,000
Paid GrantTHE GRANITE YMCAGENERAL OPERATING/PROGRAM SUPPORT-MANCHESTER, NH, US$10,000
Paid GrantTHE MAYHEW PROGRAMGENERAL OPERATING/PROGRAM SUPPORT-BRISTOL, NH, US$10,000
Filing and Contact Details

Filer

Filer Name
The Linden Foundation Inc
EIN
22-6678640
Phone
6174267080
Address
2 LIBERTY SQUARE 500, BOSTON, MA 02109

Signing Officer

Name
Margen Kelsey
Title
President
Phone
6174267080
Signed
2026-03-07
Discuss with paid preparer
Yes

Preparer

Firm
Eag New England LLC
Address
160 FEDERAL STREET 9TH FLOOR, BOSTON, MA 02110
Preparer
Eugene Borgonzi
Phone
6172276161
Raw XML AppendixShowing 400 of 607 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt8N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt9N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt10N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt11N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt12N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt13N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt14N/A

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