OPPORTUNITY WORKS CONNECTICUT INC (EIN 271920727) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

RENE LAMBERT

Phone

8604544016

Tax Period

2024-07-01 to 2025-06-30

OPPORTUNITY WORKS CONNECTICUT INC is a community nonprofit in the Employment sector that reported $4.0M in total revenue in fiscal year 2024.

Mission

OWC IS A NON-PROFIT AGENCY THAT SUPPORTS PEOPLE WITH INTELLECTUAL AND PHYSICAL DISABILITIES IN EASTERN CONNECTICUT. WE A COMMITTED TO PROVIDING THE BEST INDIVIDUALIZED SUPPORTS TO ASSIST EVERYONE TO FIND MEANINGFUL VOCATIONAL ACTIVITIES AND/OR GAINFUL EMPLOYMENT OPPORTUNITIES THAT FIT THEIR PERSONAL GOALS. WE WORK TOGETHER TO FOSTER A SENSE OF RESPECT AND DIGNITY WHICH ENABLES OUR PARTICIPANTS TO WORK AND LIVE WITH A QUALITY OF LIFE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,187

Program Service Revenue $3,917,651

Investment Income $0

Other Revenue $11,957

TOTAL REVENUE $3,983,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,892,013

Fundraising Expenses $41,217

Program Expenses $3,410,614

Other Expenses $1,080,363

TOTAL EXPENSES $3,972,376

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,983,795	$3,787,967	+0.1%
Expenses	$3,972,376	$3,537,240	+0.1%
Net Income	$11,419	$250,727	-1.0%

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

Governance

Voting Members

Independent Members

Employees

134

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

$255,225

Total Directors

$93,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENE LAMBERT	EXECUTIVE DI	40.00	Officer	$92,557	$69,368	$161,925
WILLIAM PALUSKA	PRESIDENT	40.00	Officer Director	$67,191	$26,109	$93,300
LYNN DWYER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
KRISTIN GUGLIELMO	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
TINA AUGHENBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
BRETT GREENE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN LEIBOWITZ	DIRECTOR	1.00	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	$3,983,795	$3,972,376	$2,957,973	$11,419
2024	$3,787,967	$3,537,240	$2,721,515	$250,727
2023	$3,772,752	$3,440,210	$2,529,642	$332,542
2022	$3,089,996	$3,129,240	$2,216,032	$-39,244
2021	$3,476,368	$2,985,154	$2,558,050	$491,214
2020	$3,432,392	$3,378,097	$2,533,241	$54,295
2019	$2,876,612	$2,968,041	$1,959,584	$-91,429

OPPORTUNITY WORKS CONNECTICUT INC