CW MARS INC

EIN: 222675978 501(c)(3)

WORCESTER, MA

Total Revenue
$4,054,663
Total Expenses
$3,545,880
Total Assets
$5,755,669
Net Assets
$5,313,915
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MA
Principal Officer
JEANETTE LUNDGREN
Phone
5087553323
Tax Period
2024-07-01 to 2025-06-30

CW MARS INC, founded in 1984, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Expenses of $3.5M left a modest 13% surplus.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO MAINTAIN AND SUPPORT A NETWORK OF LIBRARIES IN CENTRAL AND WESTERN MASSACHUSETTS WHICH SHARE IN THEIR AUTOMATED RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $3,067,226 Revenue: $2,356,490

PROVIDES LIBRARY SERVICES TO MEMBER LIBRARIES, INCLUDING RESOURCE SHARING, CIRCULATION CONTROL, PUBLIC ACCESS CATALOG, ACQUISITION CONTROL, INTERNET ACCESS, ACCESS TO DATA BASE, ETC.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,390,200
Program Service Revenue $2,361,536
Investment Income $302,927
Other Revenue $0
TOTAL REVENUE $4,054,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,507,756
Fundraising Expenses $0
Program Expenses $3,067,226
Other Expenses $2,038,124
TOTAL EXPENSES $3,545,880

Year-over-Year Comparison

2024 2023 Change
Revenue $4,054,663 $3,840,568 +0.1%
Expenses $3,545,880 $3,258,989 +0.1%
Net Income $508,783 $581,579 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
12
Independent Members
11
Employees
16
Volunteers
N/A

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
5
$118,864
Total Directors
12
$118,864
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA BOVEE SECRETARY 3.00
Officer Director
$0 $0 $0
PEISHAN BARTLEY PRESIDENT 3.00
Officer Director
$0 $0 $0
KATIE MCGONIGLE DIRECTOR 1.00
Director
$0 $0 $0
JEAN MAZIARZ DIRECTOR 1.00
Director
$0 $0 $0
JEANETTE LUNDGREN EXECUTIVE DIRECTOR 37.50
Officer Director
$118,864 $0 $118,864
ALEX RECZKOWSKI DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER BRUNEAU DIRECTOR 1.00
Director
$0 $0 $0
REBECCA SASSEVILLE DIRECTOR 1.00
Director
$0 $0 $0
LISA CHEEVER VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MOLLY MOSS TREASURER 3.00
Officer Director
$0 $0 $0
ESTELLE HEIDI SPENCER DIRECTOR 1.00
Director
$0 $0 $0
LUKE KIRKLAND DIRECTOR 1.00
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 $4,054,663 $3,545,880 $5,755,669 $508,783
2024 $3,840,568 $3,258,989 $5,340,149 $581,579
2023 $3,549,234 $2,957,300 $4,698,786 $591,934
2022 $3,516,194 $2,940,730 $3,743,677 $575,464
2021 $3,660,822 $2,777,241 $3,363,342 $883,581
2020 $3,408,005 $2,792,300 $2,697,963 $615,705
2019 $3,151,479 $2,826,913 $1,911,217 $324,566
2018 $3,298,148 $3,140,034 $1,682,500 $158,114
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CW MARS INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.