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THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC
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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
THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC
Sign up to claim this org
New London, CT, US
•
501(c)3
•
EIN
06-1080097
•
WWW.CFECT.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$13,055,357
Contributions
58%
Other
24%
Investments
18%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$10,379,840
Grants
79%
Salaries & Benefits
13%
Fees to Service Providers
5%
Other
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,489,234
$7,510,003
-21%
Government Grants
$1,000,000
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,174,329
$2,392,453
+10%
Other
$4,619,770
$3,152,901
-32%
Total Revenues
$17,283,333
$13,055,357
-24%
Expenses
2023
2024
Change
Grants
$8,017,737
$8,204,690
+2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,154,931
$1,331,188
+15%
Fees to Service Providers
$434,938
$469,462
+8%
Advertising & Promotion
$9,574
$38,280
+300%
Offices, Occupancy & IT
$87,063
$100,364
+15%
Interest
$345
$524
+52%
Depreciation
$23,781
$24,883
+5%
Other
$139,687
$210,449
+51%
Total Expenses
$9,868,056
$10,379,840
+5%
Net income
2023
2024
Change
Net income
+$7,415,277
+$2,675,517
-64%
Functional Expenses
Summary
2023
2024
Change
Program
$8,779,060
$9,134,404
+4%
Admin
$753,361
$832,941
+11%
Fundraising
$335,635
$412,495
+23%
Total Expenses
$9,868,056
$10,379,840
+5%
Income Statement
