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

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$670,871

Investments
65%
Other
35%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$853,472

Grants
72%
Salaries & Benefits
15%
Fees to Service Providers
8%
Other
4%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$371,839
$436,915
+18%
Other
$44,273
$233,956
+428%
Total Revenues
$416,112
$670,871
+61%
Expenses
2023
2024
Change
Grants
$616,930
$613,953
0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$127,596
$128,678
+1%
Fees to Service Providers
$58,307
$68,344
+17%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$6,700
$4,520
-33%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$41,092
$37,977
-8%
Total Expenses
$850,625
$853,472
+0%
Net income
2023
2024
Change
Net income
-$434,513
-$182,601
+58%
Income Statement
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