Community Foundation Of Greater New Britain Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,830,390 | 2,880,076 | 950,314 | 228.2 | 22% |
| 2021 | 6,176,335 | 2,940,304 | 3,236,031 | 248.4 | 22% |
| 2022 | 2,837,690 | 3,293,702 | −456,012 | 186.4 | 20% |
| 2023 | 3,040,968 | 3,262,474 | −221,506 | 208.3 | 22% |
In its most recent public year (2023), this organization spent $221,506 more than it brought in. Its reserves stood at about 208.3 months of spending, down from 228.2 in 2020. Staff pay was 22% of spending. $61,733 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
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