OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC

EIN: 060876897 501(c)(3)

NEW BRITAIN, CT

Total Revenue
$1,248,960
Total Expenses
$1,224,547
Total Assets
$429,341
Net Assets
$41,169
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CT
Principal Officer
PAULETTE FOX
Phone
8602247151
Tax Period
2025-01-01 to 2025-12-31

OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC, founded in 1972, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2025.

Mission

TO HELP PEOPLE TO HELP THEMSELVES BY CONTRIBUTING TO THE MORE EFFICIENT FUNCTIONING OF TODAYS LABOR MARKET BY PROVIDING HIGH QUALITY EMPLOYMENT AND TRAINING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,189,057
Program Service Revenue $0
Investment Income $0
Other Revenue $59,903
TOTAL REVENUE $1,248,960

Expense Breakdown

Grants Paid $0
Salaries & Benefits $834,749
Fundraising Expenses $6,745
Program Expenses $1,082,915
Other Expenses $389,798
TOTAL EXPENSES $1,224,547

Year-over-Year Comparison

2025 2024 Change
Revenue $1,248,960 $1,267,076 0.0%
Expenses $1,224,547 $1,262,329 0.0%
Net Income $24,413 $4,747 +4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
67
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$110,984
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FOX PAULETTE EXECUTIVE DIRECTOR 040.00
Officer
$110,984 $0 $110,984
ALDI-QUARESIMA ROXANNE DIRECTOR 002.00
Director
$0 $0 $0
BARSALEAU JARED DIRECTOR 002.00
Director
$0 $0 $0
BELTRAN DEANNA DIRECTOR 002.00
Director
$0 $0 $0
BROWN BOMANI DIRECTOR 002.00
Director
$0 $0 $0
COLLINS TONI LYNN TREASURER 002.00
Officer Director
$0 $0 $0
COUNTRYMAN-BEY TOSHI DIRECTOR 002.00
Director
$0 $0 $0
ELLIOTT ADRIAN DIRECTOR 002.00
Director
$0 $0 $0
ESCOBEDO MARLEN DIRECTOR 002.00
Director
$0 $0 $0
GODFREY CHRISTOPHER PRESIDENT 002.00
Officer Director
$0 $0 $0
HERNANDEZ JESSICA DIRECTOR 002.00
Director
$0 $0 $0
IRRIZARRY JOSUE DIRECTOR 002.00
Director
$0 $0 $0
MILLIGAN RYAN DIRECTOR 002.00
Director
$0 $0 $0
PEREZ ARNALDO DIRECTOR 002.00
Director
$0 $0 $0
SANDERS DR NICOLE SECRETARY 002.00
Officer Director
$0 $0 $0
TOMASSO WILLIAM DIRECTOR 002.00
Director
$0 $0 $0
WILEY TYSHAUNDA VICE-PRESIDENT 002.00
Officer Director
$0 $0 $0
WILKINS DR ALLEN B DIRECTOR 002.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,248,960 $1,224,547 $429,341 $24,413
2024 No data No data No data No data
2023 $1,370,495 $1,369,518 $145,490 $977
2022 $1,251,854 $1,251,420 $242,426 $434
2021 $950,316 $965,829 $271,327 $-15,513
2020 $886,261 $866,056 $152,914 $20,205
2019 $871,078 $875,449 $131,823 $-4,371
2018 $857,031 $854,540 $137,771 $2,491
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