Lincoln Library Inc

EIN: 030301455 501(c)(3) Education

Lincoln, VT

Total Revenue
$114,633
Total Expenses
$117,308
Total Assets
$1,133,945
Net Assets
$1,129,984
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VT
Principal Officer
Kate McGowan
Phone
8024532665
Tax Period
2024-07-01 to 2025-06-30

Lincoln Library Inc, founded in 1998, is a small nonprofit in the Education sector that reported $115K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Net assets of $1.1M represent 118 months of operating reserves.

Mission

The Lincoln Library enriches lives and builds community in a welcoming supportive environment by providing accessible resources programs services and spaces that meet the current and evolving needs of the community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,634
Program Service Revenue $435
Investment Income $21,564
Other Revenue $0
TOTAL REVENUE $114,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,485
Fundraising Expenses $321
Program Expenses $83,399
Other Expenses $67,823
TOTAL EXPENSES $117,308

Year-over-Year Comparison

2024 2023 Change
Revenue $114,633 $98,019 +0.2%
Expenses $117,308 $75,765 +0.5%
Net Income $-2,675 $22,254 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jenny Lawson Bates Secretary Board of Trustees 3.00
Officer Director
$0 $0 $0
Jacquelin Olson Board Chair 10.00
Officer Director
$0 $0 $0
Molly Millwood Board of Trustees 1.00
Director
$0 $0 $0
Anna Smith Board of Trustees 1.00
Director
$0 $0 $0
Dale Cockrell Alternate Board Member 1.00
Director
$0 $0 $0
Christine Du Mond Board of Trustees 1.00
Director
$0 $0 $0
Tristan Mayshark Treasurer Board of Trustees 1.00
Officer Director
$0 $0 $0
Rebecca Otey Board of Trustees 1.00
Director
$0 $0 $0
Lonny Edwards Board of Trustees 1.00
Director
$0 $0 $0
Katie Moon Board of Trustees 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $114,633 $117,308 $1,133,945 $-2,675
2024 $98,019 $75,765 $1,098,053 $22,254
2023 $171,285 $68,974 $1,768,523 $102,311
2022 $67,190 $95,655 $1,226,290 $-28,465
2021 $153,902 $72,771 $1,255,021 $81,131
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