Logo for "FARMINGTON BANK COMMUNITY FOUNDATION INC"

FARMINGTON BANK COMMUNITY FOUNDATION INC

FARMINGTON BANK COMMUNITY FOUNDATION INC

NEW BRITAIN, CT, US
501(c)(3)
EIN
45-2599017
Open for Solicitation
Private Foundation
Community Foundation
Regional Funder
Logo for "FARMINGTON BANK COMMUNITY FOUNDATION INC"

FARMINGTON BANK COMMUNITY FOUNDATION INC

NEW BRITAIN, CT, US
501(c)(3)
EIN
45-2599017
Open for Solicitation
Private Foundation
Community Foundation
Regional Funder

Balance Sheet

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

$17,588,632

Investments
98%
Cash & Equivalents
2%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$117,079

Grants Payable
96%
Payables & Accruals
2%
Other Liabilities
2%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$233,333
$412,539
+77%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$16,288,382
$17,170,893
+5%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$10,172
$5,200
-49%
Total Assets
$16,531,887
$17,588,632
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,636
$2,734
+67%
Grants Payable
-
$112,000
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$515
$2,345
+355%
Total Liabilities
$2,151
$117,079
+5343%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$16,529,736
$17,471,553
+6%
Net assets
2023
2024
Change
Net assets
+$16,529,736
+$17,471,553
+6%
Balance Sheet
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