Cleveland Medical Library Association

EIN: 340151200 501(c)(3) Education

Cleveland, OH

Total Revenue
$711,919
Total Expenses
$669,894
Total Assets
$7,053,715
Net Assets
$7,053,715
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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
1894
Legal Domicile
OH
Principal Officer
ANTHONY TIZZANO MD
Phone
2163686422
Tax Period
2019-07-01 to 2020-06-30

Cleveland Medical Library Association, founded in 1894, is a small nonprofit in the Education sector that reported $712K in total revenue in fiscal year 2019. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $670K left a modest 6% surplus.

Mission

To acquire, promote and preserve, in a relevant manner, its significant health sciences literature, historical archives and objects to best serve the needs of a collaborative global health community.

Program Service Accomplishments

Program 1
Expenses: $637,049

ALLOCATION OF ALL CMLA'S INVESTMENT POOL AND PRENTISS FUND AND CONTRIBUTIONS TO CWRU UNDER AN AGREEMENT AS LAST AMENDED IN JULY 1997.

Program 2
Expenses: $19,242 Revenue: $19,242

CWRU COLLECTS AND MAINTAINS ALL OF CMLA'S INTEREST IN MEMBERS AND AFFILIATES DUES AND MEMBER FEES. NO EXPENSES ARE SEPARATELY INCURRED BY CMLA.

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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 (2019)

Revenue Breakdown

Contributions & Grants $407,610
Program Service Revenue $7,246
Investment Income $297,063
Other Revenue $0
TOTAL REVENUE $711,919

Expense Breakdown

Grants Paid $580,226
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $656,291
Other Expenses $89,668
TOTAL EXPENSES $669,894

Year-over-Year Comparison

2019 2018 Change
Revenue $711,919 $564,259 +0.3%
Expenses $669,894 $648,835 +0.0%
Net Income $42,025 $-84,576 -1.5%
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD KURLANDER MD Trustee 1.0
Director
$0 $0 $0
CHARLES KENT SMITH MD trustee 1.0
Director
$0 $0 $0
SUSAN J LAX RN JD TRUSTEE 1.0
Director
$0 $0 $0
STEPHEN A RUDOLPH MD TRUSTEE 1.0
Director
$0 $0 $0
ANTHONY TIZZANO MD PRESIDENT 1.0
Officer Director
$0 $0 $0
DANIEL T WEIDENTHAL TRUSTEE 1.0
Director
$0 $0 $0
JAMES B YOUNG MD Vice-president 1.0
Officer Director
$0 $0 $0
CARL U WEITMAN PH D TRUSTEE 1.0
Director
$0 $0 $0
Philip Anderson MD Trustee 1.0
Director
$0 $0 $0
Arielle J Lester JD Trustee 1.0
Director
$0 $0 $0
Sharon Stephula MBA SECRETARY/TREASURER 1.0
Officer 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
2020 $711,919 $669,894 $7,053,715 $42,025
2019 $564,259 $648,835 $7,310,437 $-84,576
2018 $722,151 $698,029 $7,186,451 $24,122
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