Skip to the page content
Your donations
Passes our checks

New Opportunities Inc

EIN 06-6071847 · Waterbury, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak33 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING THE NECESSARY RESOURCES TO INCREASE THEIR STANDARD OF LIVING, FOSTER SELF IMPROVEMENT, AND TO MAXIMIZE SELF EMPOWERMENT.

Income
$42.0 million
Spending
$42.2 million
Spent on programs
95%
Reserves
-3.5 months of spending
Largest source of income
government grants, 92%
Employees
598
Volunteers
332
Highest pay
$281,525, president/ceo

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 33 out of 100.

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 102% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    10 of 15

    Income fell 9% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)
  1. $19.6 million spent. ENERGY 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. 48,121 PEOPLE RECEIVED ASSISTANCE WITH THEIR UTILITIES BILLS UNDER CONNECTICUT ENERGY AND WATER ASSISTANCE PROGRAMS. WEATHERIZATION SERVICES PROVIDES HELP TO HOUSEHOLDS TO DECREASE ENERGY CONSUMPTION. 164 HOUSEHOLDS WERE ABLE TO DECREASE THEIR HOME ENERGY CONSUMPTION BY USING WEATHERIZATION SERVICES
  2. $4.3 million spent. 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. 2,677 SENIOR INDIVIDUALS RECEIVED PREPARED MEALS DURING THE YEAR AND 2,609 INDIVIDUALS/FAMILIES RECEIVED FOOD DURING THE YEAR.
  3. $5.6 million spent. 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. 941 LOW-INCOME PEOPLE RECEIVED ACADEMIC OR EMPLOYMENT TRAINING. ALSO, 3,268 INDIVIDUALS RECEIVED CASE MANAGEMENT SERVICES.
  4. $4.2 million spent. EARLY CHILDCARE: EARLY CHILDCARE PROGRAM PROVIDES DAYCARE SERVICES TO CHILDREN WHOSE PARENTS WORK. 533 CHILDREN AGES 0 TO 5 YEAR OLD WERE PROVIDED DAYCARE SERVICES DURING THE YEAR.
  5. $4.2 million spent. HOUSING: HOUSING PROGRAMS INCLUDED EMERGENCY SHELTERS, PERMANENT HOUSING, RAPID REHOUSING, AND JUSTICE PROGRAM PROVIDING ALTERNATIVE HOUSING FOR INDIVIDUALS PROGRESSING THROUGH THE JUDICIAL SYSTEM. 1,534 LOW-INCOME INDIVIDUALS/FAMILIES RECEIVED ASSISTANCE IN OBTAINING ADEQUATE, SAFE, AND AFFORDABLE HOUSING.
  6. $2.1 million spent. CT FOOD 4 THOUGHT (CTF4T) PROVIDES SAFE, CLEAN "GREEN JOBS" TO MEMBERS OF THE COMMUNITY IN THE EMERGING FIELD OF HYDRIPONICS. SPECIFICALLY, CTF4T OFFERS JOB OPPORTUNITIES TO INDIVIDUALS WITH INTELLECTUALLY DISABILITIES, THOSE PREVIOUSLY INCARCERATED, AND THOSE WHO ARE UNEMPLOYED AS A WAY TO PROVIDE A PATH TO HIGHER LEVEL EMPLOYMENT OPPORTUNITIES IN BOTH THIS INDUSTRY AND OTHERS, SUCH AS: THE FIELD OF NUTRITION, FOOD SAFETY, ENVIRONMENTAL MANGEMENT, AND HORTICULTURE. IN ADDITION, CTF4T PROVIDED OVER 175,000 FOUR OUNCES CONTIANERS OF LETTUCE TO LOCAL COMMUNITIES INCLUDING FOOD PANTRIES THROUGHOUT CONNECTICUT TO ECONOMICALLY DISADVANTAGED INDIVIDUALS AND 67 GROCERY STORES.

Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending October 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 1983.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.