NEW OPPORTUNITIES INC

WATERBURY, CT, 06702-1516 (203) 575-9799 Est. 1964 EIN 06-6071847
Form 990 501(c)(3)
www.newoppinc.org

Mission

TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING THE NECESSARY RESOURCES TO INCREASE THEIR STANDARD OF LIVING, FOSTER SELF IMPROVEMENT, AND TO MAXIMIZE SELF EMPOWERMENT.

Grants Awarded · 17 grants

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Financials

Total Revenue
$42,009,716
Total Expenses
$42,249,983
Net Assets
$-313,656
598 employees 332 volunteers
From latest filing (tax period ending 2024-10-31)

Financial Health

Operating Reserve
0.1 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 8.5%
Expenses ↓ 7.7%
Revenue Sources
Contributions 94.6% Earned revenue 4.4% Other 1.0%
Expense Breakdown
Program 94.7% Management 5.3%

Filing History (7 filings)

YearRevenueExpensesNet Assets
2023 Form 990
Nov 1, 2023 to Oct 31, 2024
$42,009,716 ↓$42,249,983$-313,656
2022 Form 990
Nov 1, 2022 to Oct 31, 2023
$45,934,854 ↓$45,779,180$-73,389
2021 Form 990
Nov 1, 2021 to Oct 31, 2022
$47,240,865 ↑$47,290,011$-229,063
2020 Form 990
Nov 1, 2020 to Oct 31, 2021
$43,801,521 ↑$41,747,027$-179,917
2019 Form 990
Nov 1, 2019 to Oct 31, 2020
$37,123,244 ↑$35,318,180$-2,234,411
2018 Form 990
Nov 1, 2018 to Oct 31, 2019
$32,066,917 ↑$32,476,737$-4,039,475
2017 Form 990
Nov 1, 2017 to Oct 31, 2018
$30,864,740 $30,990,736$-3,091,074

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EIN: 06-6071847 · Source: IRS Form 990 e-file data