Opportunities Industrialization Center Of New London County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 917,717 | 891,204 | 26,513 | 2.5 | 54% |
| 2012 | 866,353 | 853,419 | 12,934 | 2.8 | 53% |
| 2013 | 782,317 | 751,939 | 30,378 | 3.6 | 52% |
| 2014 | 551,091 | 606,649 | −55,558 | 3.4 | 51% |
| 2015 | 693,505 | 521,078 | 172,427 | 7.9 | 54% |
| 2016 | 605,561 | 664,312 | −58,751 | 5.1 | 53% |
| 2017 | 585,696 | 613,043 | −27,347 | 5.0 | 53% |
| 2018 | 482,614 | 540,013 | −57,399 | 4.4 | 55% |
| 2019 | 555,029 | 628,855 | −73,826 | 2.5 | 55% |
| 2020 | 471,320 | 411,362 | 59,958 | 1.8 | 48% |
| 2021 | 445,902 | 672,570 | −226,668 | -0.3 | 51% |
In its most recent public year (2021), this organization spent $226,668 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 2.5 in 2011. Staff pay was 51% of spending.
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 2021. 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
Opportunities Industrialization Center Of New London County Inc's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works