Operating record

Klingberg Family Centers Foundation Inc

New Britain, CT · EIN 06-1487342 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$874,553$412,140$462,413404.90%
2021$861,586$415,642$445,944463.10%
2022$922,173$766,022$156,151225.40%
2023$727,038$511,195$215,843356.40%

In its most recent public year (2023), this organization brought in $215,843 more than it spent. Its reserves stood at about 356.4 months of spending, down from 404.9 in 2020. Staff pay was 0% of spending. $1,531,710 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗