Klingberg Comprehensive Program Services Inc

Klingberg Comprehensive Program Services Inc

60688316
EIN
1905
Founded
New Britain, CT 06052 United States
Address
klingberg.org
Web
Description

Klingberg Comprehensive Program Services Inc

Klingberg Comprehensive Program Services Inc is a U.S. nonprofit organization dedicated to providing a range of services to children and young adults.

Mission

The organization's mission is to offer residential care for children with complex health needs, educational services, and therapeutic counseling. It also provides food services and other related programs to support the holistic development of its beneficiaries[2][3].

Financial Overview

According to its financial reports, Klingberg Comprehensive Program Services Inc generates revenue primarily through program services and contributions. In recent years, the organization has reported revenues ranging between $10 million and $14.9 million. Its major sources of revenue include:

  • Program Services: This accounts for approximately 68% of its total revenue.
  • Contributions: Donations contribute around 27% of the total revenue[1].

The organization's expenses are primarily directed towards salaries and wages, which account for more than 50% of total expenses. Executive compensation forms a smaller portion, around 2% to 3.5% of expenses[1].

Assets and Liabilities

Klingberg Comprehensive Program Services Inc holds substantial assets, which have ranged from $43.6 million to $52.4 million in recent years. The organization's liabilities have fluctuated between $5.5 million and $7.1 million during the same period[1].

Programs and Impact

The organization operates under the broader umbrella of Klingberg Family Centers, which extends hope and healing to children and families affected by abuse, neglect, and mental health issues. Programs like Klingberg Foster Care and the Raymond Hill School contribute to this mission by providing foster care opportunities and educational programs, respectively[4].

Overall, Klingberg Comprehensive Program Services Inc plays a critical role in supporting the needs of vulnerable children and young adults through comprehensive care and educational services.

[1] https://projects.propublica.org/nonprofits/organizations/60688316 [2] https://www.causeiq.com/organizations/klingberg-comprehensive-program-services,060688316/ [3] https://www.guidestar.org/profile/06-0688316 [4] https://klingberg.org [5] http://klingberg.org

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