Opportunity Works Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 979,124 | 945,820 | 33,304 | 1.0 | 64% |
| 2015 | 1,544,176 | 1,498,812 | 45,364 | 1.0 | 61% |
| 2016 | 1,996,871 | 1,957,668 | 39,203 | 1.0 | 65% |
| 2017 | 2,367,193 | 2,451,061 | −83,868 | 0.4 | 63% |
| 2018 | 2,511,963 | 2,423,382 | 88,581 | 0.8 | 64% |
| 2019 | 2,876,612 | 2,968,041 | −91,429 | 0.3 | 62% |
| 2020 | 3,432,392 | 3,378,097 | 54,295 | 0.5 | 65% |
| 2021 | 3,476,368 | 2,985,154 | 491,214 | 2.5 | 64% |
| 2022 | 3,089,996 | 3,129,240 | −39,244 | 2.1 | 62% |
| 2023 | 3,772,752 | 3,440,210 | 332,542 | 3.2 | 60% |
In its most recent public year (2023), this organization brought in $332,542 more than it spent. Its reserves stood at about 3.2 months of spending, up from 1 in 2014. Staff pay was 60% 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 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
Opportunity Works Connecticut Inc's IRS filings as a feed — one entry per filing year, through 2023. 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