New Britain Legacies Corp
- Assets
- $39.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Britain, CT
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-3951335
Organization Overview
New Britain Legacies Corp is located in New Britain, CT. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Britain Legacies Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, New Britain Legacies Corp generated $53.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.3% each year . All expenses for the organization totaled $35.3k during the year ending 12/2022. While expenses have increased by 39.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BRINGING OUT INFLUENCE INTO YOUTH PRISON AND HAD A BASKETBALL LEAGUE IN THE PRISON
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,000 |
| Total Program Service Revenue | $22,425 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,425 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,265 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,049 |
| Total expenses | $35,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,986 |
| Other assets | $0 |
| Total assets | $39,047 |
| Total liabilities | $9,500 |
| Net assets or fund balances | $29,547 |