Connecticut Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,922,899 | 8,116,368 | 4,806,531 | 201.6 | 14% |
| 2021 | 11,174,882 | 9,127,431 | 2,047,451 | 201.5 | 14% |
| 2022 | 12,635,869 | 10,244,892 | 2,390,977 | 151.4 | 14% |
| 2023 | 14,938,642 | 10,017,142 | 4,921,500 | 180.1 | 16% |
In its most recent public year (2023), this organization brought in $4,921,500 more than it spent. Its reserves stood at about 180.1 months of spending, down from 201.6 in 2020. Staff pay was 16% of spending. $151,289 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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