CARY MEMORIAL LIBRARY FOUNDATION INC

EIN: 043462996 501(c)(3) Education

LEXINGTON, MA

Total Revenue
$390,504
Total Expenses
$415,538
Total Assets
$466,264
Net Assets
$465,920
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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
1999
Legal Domicile
MA
Principal Officer
SUSAN MCLEISH
Phone
7818626288
Tax Period
2024-07-01 to 2025-06-30

CARY MEMORIAL LIBRARY FOUNDATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $391K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring.

Mission

FUNDRAISING AND COLLECTION OF FUNDS FOR THE BENEFIT OF THE CARY MEMORIAL LIBRARY TO USE FOR GENERAL AND VARIOUS SPECIAL PROGRAMS.

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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 $375,006
Program Service Revenue $0
Investment Income $15,498
Other Revenue $0
TOTAL REVENUE $390,504

Expense Breakdown

Grants Paid $339,415
Salaries & Benefits $36,010
Fundraising Expenses $2,768
Program Expenses $385,980
Other Expenses $40,113
TOTAL EXPENSES $415,538

Year-over-Year Comparison

2024 2023 Change
Revenue $390,504 $2,130,022 -0.8%
Expenses $415,538 $1,829,383 -0.8%
Net Income $-25,034 $300,639 -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
23
Independent Members
23
Employees
1
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
4
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH O'NEIL PRESIDENT 2.00
Officer Director
$0 $0 $0
SUSAN MCLEISH TREASURER 2.00
Officer Director
$0 $0 $0
DIPTI LENHART CLERK 2.00
Officer Director
$0 $0 $0
KIMBERLY HENSLE LOWRANCE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAYA VATSYAYAN DIRECTOR 2.00
Director
$0 $0 $0
MARTHA SEVIGNY DIRECTOR 2.00
Director
$0 $0 $0
STEVE YANG DIRECTOR 2.00
Director
$0 $0 $0
MARJAN KAMALI DIRECTOR 2.00
Director
$0 $0 $0
WEI DING DIRECTOR 2.00
Director
$0 $0 $0
SUMAN MURALI DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE MANAVIAN DIRECTOR 2.00
Director
$0 $0 $0
PAMELA FOWLER DIRECTOR 2.00
Director
$0 $0 $0
ERIN HARTEL DIRECTOR 2.00
Director
$0 $0 $0
MARIA KIESLICH DIRECTOR 2.00
Director
$0 $0 $0
BILL COLE DIRECTOR 2.00
Director
$0 $0 $0
LAURA MARK DIRECTOR 2.00
Director
$0 $0 $0
MELANIE LIN DIRECTOR 2.00
Director
$0 $0 $0
MARC SAINT LOUIS DIRECTOR 2.00
Director
$0 $0 $0
PRATIP BANERJI DIRECTOR 2.00
Director
$0 $0 $0
LOUISE BARBIC DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE BELIN DIRECTOR 2.00
Director
$0 $0 $0
SYLVIA HAN DIRECTOR 2.00
Director
$0 $0 $0
SANDRA GALEJS DIRECTOR 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 $390,504 $415,538 $466,264 $-25,034
2024 $2,130,022 $1,829,383 $491,949 $300,639
2023 $243,993 $172,013 $225,435 $71,980
2022 $276,961 $233,610 $117,794 $43,351
2021 $339,106 $343,220 $75,993 $-4,114
2020 $252,642 $276,949 $78,179 $-24,307
2019 $337,623 $348,390 $120,792 $-10,767
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