Logo for "COMMUNITY FOUNDATION OF GREATER NEW BRITAIN"

COMMUNITY FOUNDATION OF GREATER NEW BRITAIN

COMMUNITY FOUNDATION OF GREATER NEW BRITAIN

New Britain, CT, US
501(c)(3)
EIN
06-6036461
DAF Sponsor
Community Foundation
Regional Funder
Logo for "COMMUNITY FOUNDATION OF GREATER NEW BRITAIN"

COMMUNITY FOUNDATION OF GREATER NEW BRITAIN

New Britain, CT, US
501(c)(3)
EIN
06-6036461
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$14,994,324

Contributions
91%
Investments
9%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,099,275

Grants
59%
Salaries & Benefits
22%
Fees to Service Providers
10%
Offices, Occupancy & IT
3%
Other
3%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$846,116
$13,622,671
+1510%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,115,633
$1,281,634
+15%
Other
$1,079,219
$90,019
-92%
Total Revenues
$3,040,968
$14,994,324
+393%
Expenses
2023
2024
Change
Grants
$1,746,390
$2,424,207
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$835,042
$918,865
+10%
Fees to Service Providers
$396,666
$411,986
+4%
Advertising & Promotion
$29,176
$40,377
+38%
Offices, Occupancy & IT
$126,005
$132,334
+5%
Interest
$0
$0
-
Depreciation
$45,229
$47,071
+4%
Other
$83,966
$124,435
+48%
Total Expenses
$3,262,474
$4,099,275
+26%
Net income
2023
2024
Change
Net income
-$221,506
+$10,895,049
-5019%
Functional Expenses
Summary
2023
2024
Change
Program
$2,550,282
$3,306,327
+30%
Admin
$630,088
$709,068
+13%
Fundraising
$82,104
$83,880
+2%
Total Expenses
$3,262,474
$4,099,275
+26%
Income Statement
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