New Opportunities
New Opportunities reported $37.1 million in revenue and $41.7 million in expenses for the fiscal year ending October 31, 2025. Of every $100 it spent, $93.62 went to program services, $6.38 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 91.5% of the total. Government grants made up 87.1%. The highest compensation it reported for one person was $268,569 (PRESIDENT/CEO (FORMER)). 9 people received more than $100,000 in reportable compensation. Revenue fell 0% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending October 31, 2025 · Form 990, Part IX, line 25 · total expenses $42MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending October 31, 2025 · Form 990, Part VIII · total revenue $37MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.6% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.4% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.5% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 87.1% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.7% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $268,569 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.64% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 9 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -1.4 | 6.8 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEnergy programs: energy programs includes connecticut energy assistance program, water assistance program, and weatherization services. Connecticut energy and water assistance programs provides heat and water assistance for low-income renters and homeowners. 33,049 people received assistance with their utilities bills under connecticut energy and water assistance programs. Weatherization services provides help to households to decrease energy consumption. 183 households were able to decrease their home energy consumption by using weatherization services
Elderly: elderly program includes nutritional services by providing hot meals to senior citizens and homecare services, including retired senior voluntary program, foster grandparent program, senior companion program and others. 3,630 senior individuals received prepared meals during the year and 1,719 individuals/families received food during the year
Community services: community services provides work readiness assistance, employment training, coronavirus aid, and case management services for low-income individuals. Operates three family development centers in waterbury, meriden, and torrington, connecticut. 2,264 low-income people received academic, health and social development assistance, financial literacy or employment training. Also, 940 individuals received case management services
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO (FORMER) Officer, 40.00 hrs/week | $257,168 | $0 | $11,401 | $268,569 |
| CFO Officer, 40.00 hrs/week | $157,370 | $0 | $29,344 | $186,714 |
| CHIEF ADMINISTRATIVE OFFIC Officer, 40.00 hrs/week | $157,293 | $0 | $689 | $157,982 |
| DIRECTOR OF ENERGY SERVICE Highest compensated employee, 40.00 hrs/week | $140,609 | $0 | $6,240 | $146,849 |
| DIRECTOR OF RESIDENTIAL AN Highest compensated employee, 40.00 hrs/week | $115,460 | $0 | $22,048 | $137,508 |
| DIRECTOR OF RESEARCH, DEVE Highest compensated employee, 40.00 hrs/week | $115,777 | $0 | $14,755 | $130,532 |
| DIRECTOR OF EARLY CHILDHOO Highest compensated employee, 40.00 hrs/week | $113,563 | $0 | $13,743 | $127,306 |
| DIRECTOR OF INFORMATION SE Highest compensated employee, 40.00 hrs/week | $110,331 | $0 | $4,882 | $115,213 |
9 people received more than $100,000 in reportable compensation from New Opportunities (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 17 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5Yes
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5613
- Volunteers Part I, line 6317
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| TRIO FOODS Food service | $1,895,154 |
| GENERAL TECHNOLOGY GROUP It services | $298,429 |
| MAXIMAL SECURITY SERVICES Security | $289,361 |
| DIAMOND ROOFING SPECIALIST INC Roofing | $238,490 |
| EVANS FLOOR & CLEANING SERVICES LLC Cleaning | $211,034 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to New Opportunities totaling $10,566 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from New Opportunities's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Opportunities, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New Opportunities spent in FY2025, $93.62 went to programs. The full breakdown, from its IRS Form 990:
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All unclassified charities · Largest charities in Connecticut
Questions people ask
How much of New Opportunities's spending goes to programs?
In the fiscal year ending October 31, 2025, New Opportunities reported that 93.6% of its $41.7 million in expenses went to program services, 6.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does New Opportunities pay its top executive?
The largest total compensation New Opportunities reported for one person in the fiscal year ending October 31, 2025 was $268,569, for the role of PRESIDENT/CEO (FORMER) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New Opportunities get its money?
Of $37.1 million in revenue in the fiscal year ending October 31, 2025, 91.5% came from contributions and grants (including 87.1% from government grants) and 4.7% from program service revenue (Form 990, Part VIII).
Is New Opportunities a registered charity?
The IRS lists EIN 06-6071847 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending October 31, 2025, object 202642589349302304 · read the filing
- FY2024: Form 990 for the fiscal year ending October 31, 2024, object 202512519349300801 · read the filing
- FY2023: Form 990 for the fiscal year ending October 31, 2023, object 202402609349301460 · read the filing
- FY2022: Form 990 for the fiscal year ending October 31, 2022, object 202312589349301611 · read the filing
- FY2021: Form 990 for the fiscal year ending October 31, 2021, object 202202589349300810 · read the filing
- FY2020: Form 990 for the fiscal year ending October 31, 2020, object 202112539349301406 · read the filing
All filings for EIN 06-6071847: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.