Logo for "THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC"

THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC

THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC

New London, CT, US
•
501(c)3
•
EIN
06-1080097
•
WWW.CFECT.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Logo for "THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC"

THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC

New London, CT, US
•
501(c)3
•
EIN
06-1080097
•
WWW.CFECT.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
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990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$127,426,784

Investments
96%
Cash & Equivalents
4%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$1,895,325

Grants Payable
84%
Payables & Accruals
8%
Other Liabilities
8%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,311,404
$4,504,028
-15%
Receivables (Non-Related)
$73,498
$30,376
-59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$44,262
$59,174
+34%
Investments
$115,954,635
$122,417,453
+6%
Property, Plant, & Equipment (net)
$415,927
$415,753
0%
Other Assets
-
-
-
Total Assets
$121,799,726
$127,426,784
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$97,968
$157,617
+61%
Grants Payable
$1,518,274
$1,591,505
+5%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$150,750
$146,203
-3%
Total Liabilities
$1,766,992
$1,895,325
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$4,672,952
$4,946,386
+6%
Unrestricted Net Assets
$115,359,782
$120,585,073
+5%
Net assets
2023
2024
Change
Net assets
+$120,032,734
+$125,531,459
+5%
Balance Sheet
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