OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC

OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC

New Britain, CT, US
501(c)3
EIN
06-0876897

OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAIN INC

New Britain, CT, US
501(c)3
EIN
06-0876897

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,267,076

Government Grants
95%
Other
4%
Contributions
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$1,262,329

Salaries & Benefits
62%
Other
30%
Offices, Occupancy & IT
7%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$11,999
$13,317
+11%
Government Grants
$1,317,131
$1,198,495
-9%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$41,365
$55,264
+34%
Total Revenues
$1,370,495
$1,267,076
-8%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$761,998
$777,053
+2%
Fees to Service Providers
$14,961
$16,564
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$92,953
$90,067
-3%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$499,606
$378,645
-24%
Total Expenses
$1,369,518
$1,262,329
-8%
Net income
2023
2024
Change
Net income
+$977
+$4,747
+386%
Functional Expenses
Summary
2023
2024
Change
Program
$1,225,251
$1,120,278
-9%
Admin
$144,267
$140,711
-2%
Fundraising
$0
$1,340
-
Total Expenses
$1,369,518
$1,262,329
-8%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)