funder logo

ION BANK FOUNDATION INC

ION BANK FOUNDATION INC

NAUGATUCK, CT, US
501(c)(3)
EIN
06-1513293
Open for Solicitation
Private Foundation
Regional Funder
funder logo

ION BANK FOUNDATION INC

NAUGATUCK, CT, US
501(c)(3)
EIN
06-1513293
Open for Solicitation
Private Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,797,555

Other
86%
Investments
14%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,121,833

Grants
88%
Salaries & Benefits
7%
Other
3%
Fees to Service Providers
2%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$519
$0
-100%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$214,971
$403,194
+88%
Other
$621,119
$2,394,361
+285%
Total Revenues
$836,609
$2,797,555
+234%
Expenses
2023
2024
Change
Grants
$1,169,769
$990,922
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$75,000
$75,000
+0%
Fees to Service Providers
$22,400
$22,500
+0%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$57,459
$33,411
-42%
Total Expenses
$1,324,628
$1,121,833
-15%
Net income
2023
2024
Change
Net income
-$488,019
+$1,675,722
-443%
Income Statement
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