Greater New Haven Opportunities Ind Center Inc
Greater New Haven Opportunities Ind Center Inc: Consistent Revenue, Minimal Assets
EIN: 223094384 · New Haven, CT · NTEE: J20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $90K |
| Program Spending | 80% |
| Net Assets | $1 |
| Transparency Score | 75/100 |
Is Greater New Haven Opportunities Ind Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater New Haven Opportunities Ind Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater New Haven Opportunities Ind Center Inc
Greater New Haven Opportunities Ind Center Inc (EIN: 223094384) is a nonprofit organization based in New Haven, CT, classified under NTEE code J20Z. The organization reported total revenue of $180K and total assets of $6K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater New Haven Opportunities Ind Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater New Haven Opportunities Ind Center Inc is a small nonprofit that has been operating for 36 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $90K |
| Total Expenses | $90K |
| Surplus / Deficit | $-44 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Greater New Haven Opportunities Ind Center Inc reported a deficit of $44 with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2012–2022), Greater New Haven Opportunities Ind Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +0.0% | +-0.0% | +0.0% |
| 2021 | +0.0% | +0.1% | +0.0% |
| 2020 | -5.0% | -5.0% | -100.0% |
| 2019 | +0.0% | -0.6% | +0.0% |
| 2018 | +0.0% | +1.1% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater New Haven Opportunities Ind Center Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Greater New Haven Opportunities Ind Center Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is below the threshold for disclosure or not applicable.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Greater New Haven Opportunities Ind Center Inc's IRS 990 filings:
- Extremely low asset base (e.g., $6,095 in 2022) for an organization with consistent revenue, raising questions about financial resilience.
- Lack of detailed spending breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Greater New Haven Opportunities Ind Center Inc:
- Highly consistent revenue stream over nearly a decade, indicating stable funding or operational model.
- Zero reported lobbying expenses ('l0') and no political campaign activity ('c0%') suggests a focus purely on mission.
Frequently Asked Questions about Greater New Haven Opportunities Ind Center Inc
Is Greater New Haven Opportunities Ind Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater New Haven Opportunities Ind Center Inc (EIN: 223094384) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Greater New Haven Opportunities Ind Center Inc spend its money?
Greater New Haven Opportunities Ind Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater New Haven Opportunities Ind Center Inc tax-deductible?
Greater New Haven Opportunities Ind Center Inc is registered as a tax-exempt nonprofit (EIN: 223094384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater New Haven Opportunities Ind Center Inc's spending goes to programs?
Greater New Haven Opportunities Ind Center Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater New Haven Opportunities Ind Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Greater New Haven Opportunities Ind Center Inc is above average for NTEE category J20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater New Haven Opportunities Ind Center Inc located?
Greater New Haven Opportunities Ind Center Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 223094384. It is classified under NTEE code J20Z.
How many years of IRS 990 filings does Greater New Haven Opportunities Ind Center Inc have?
Greater New Haven Opportunities Ind Center Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $180K in total revenue.
What does Greater New Haven Opportunities Ind Center Inc do?
Greater New Haven Opportunities Ind Center Inc is a nonprofit organization in the Employment sector, located in New Haven, Connecticut. It is classified under NTEE code J20Z.
How much revenue does Greater New Haven Opportunities Ind Center Inc have?
Greater New Haven Opportunities Ind Center Inc reported total revenue of $180,124. Based on 11 IRS 990 filings on record.
What are Greater New Haven Opportunities Ind Center Inc's total assets?
Greater New Haven Opportunities Ind Center Inc holds total assets of $6,095 as reported in IRS 990 filings.
Where is Greater New Haven Opportunities Ind Center Inc located?
Greater New Haven Opportunities Ind Center Inc is based in New Haven, Connecticut.
What is Greater New Haven Opportunities Ind Center Inc's EIN?
Greater New Haven Opportunities Ind Center Inc's Employer Identification Number (EIN) is 223094384. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Greater New Haven Opportunities Ind Center Inc?
Greater New Haven Opportunities Ind Center Inc is classified under NTEE code J20Z (Employment).
Is Greater New Haven Opportunities Ind Center Inc a registered 501(c)(3)?
Yes, Greater New Haven Opportunities Ind Center Inc is recognized as a tax-exempt organization by the IRS. EIN: 223094384.
Does Greater New Haven Opportunities Ind Center Inc file IRS Form 990?
Yes, Greater New Haven Opportunities Ind Center Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202206.
What was Greater New Haven Opportunities Ind Center Inc's revenue in 2022?
In the 202206 filing period, Greater New Haven Opportunities Ind Center Inc reported total revenue of $90,250, total expenses of $90,294, and net assets of $1.
Is Greater New Haven Opportunities Ind Center Inc's revenue growing or declining?
Greater New Haven Opportunities Ind Center Inc's revenue is relatively stable. Revenue went from $90,250 (202106) to $90,250 (202206), a 0.0% change. Based on 11 filings on record.
What is Greater New Haven Opportunities Ind Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Greater New Haven Opportunities Ind Center Inc covers tax period 202206. It shows revenue of $90,250, expenses of $90,294, total assets of $1, and liabilities of N/A.
How much does Greater New Haven Opportunities Ind Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Greater New Haven Opportunities Ind Center Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Greater New Haven Opportunities Ind Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Greater New Haven Opportunities Ind Center Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Greater New Haven Opportunities Ind Center Inc?
The following concerns were identified: Extremely low asset base (e.g., $6,095 in 2022) for an organization with consistent revenue, raising questions about financial resilience.. Lack of detailed spending breakdown in provided data makes it difficult to fully assess program efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Greater New Haven Opportunities Ind Center Inc's strengths?
Positive indicators for Greater New Haven Opportunities Ind Center Inc include: Highly consistent revenue stream over nearly a decade, indicating stable funding or operational model.. Zero reported lobbying expenses ('l0') and no political campaign activity ('c0%') suggests a focus purely on mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Greater New Haven Opportunities Ind Center Inc compensate executives?
Executive compensation is not reported in the provided data, suggesting it is below the threshold for disclosure or not applicable. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Greater New Haven Opportunities Ind Center Inc?
• Revenue has been remarkably consistent around $90,000-$100,000 annually over the past 8 years. • Assets remain very low, consistently around $1,000-$16,000, indicating minimal reserves. • No compensation reported for key employees in available filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and minimal assets, how does the organization manage operational continuity and potential emergencies?
The consistent revenue, despite minimal assets, suggests a 'flow-through' model where funds are expended quickly on programs, or that significant in-kind support or volunteer labor offsets the need for large financial reserves. Without further detail, it's difficult to ascertain their emergency preparedness.
Filing History
IRS 990 filing history for Greater New Haven Opportunities Ind Center Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Greater New Haven Opportunities Ind Center Inc's revenue has declined by 5%, moving from $95K to $90K. Total assets decreased by 100% over the same period, from $6K to $1. Total functional expenses fell by 4.9%, from $95K to $90K. In its most recent filing year (2022), Greater New Haven Opportunities Ind Center Inc reported a deficit of $44, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $90K | $90K | $1 | $0 | — | View 990 |
| 2021 | $90K | $90K | $1 | $0 | — | — |
| 2020 | $90K | $90K | $1 | $0 | — | View 990 |
| 2019 | $95K | $95K | $16K | $0 | — | View 990 |
| 2018 | $95K | $96K | $16K | $0 | — | View 990 |
| 2017 | $95K | $95K | $17K | $0 | — | View 990 |
| 2016 | $95K | $95K | $16K | $0 | — | View 990 |
| 2015 | $100K | $98K | $16K | $0 | — | View 990 |
| 2014 | $100K | $99K | $15K | $0 | — | View 990 |
| 2013 | $100K | $100K | $6K | $0 | — | View 990 |
| 2012 | $95K | $95K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $90K, expenses of $90K, and assets of $1 (revenue +0.0% year-over-year).
- 2021: Revenue of $90K, expenses of $90K, and assets of $1 (revenue +0.0% year-over-year).
- 2020: Revenue of $90K, expenses of $90K, and assets of $1 (revenue -5.0% year-over-year).
- 2019: Revenue of $95K, expenses of $95K, and assets of $16K (revenue +0.0% year-over-year).
- 2018: Revenue of $95K, expenses of $96K, and assets of $16K (revenue +0.0% year-over-year).
- 2017: Revenue of $95K, expenses of $95K, and assets of $17K (revenue +0.0% year-over-year).
- 2016: Revenue of $95K, expenses of $95K, and assets of $16K (revenue -5.0% year-over-year).
- 2015: Revenue of $100K, expenses of $98K, and assets of $16K (revenue +0.0% year-over-year).
- 2014: Revenue of $100K, expenses of $99K, and assets of $15K (revenue +0.0% year-over-year).
- 2013: Revenue of $100K, expenses of $100K, and assets of $6K (revenue +5.3% year-over-year).
- 2012: Revenue of $95K, expenses of $95K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater New Haven Opportunities Ind Center Inc:
Data Sources and Methodology
This transparency report for Greater New Haven Opportunities Ind Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.