Financial Report

OPSAIL CONNECTICUT INC

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EIN
27-5076183
Forms in history
990EZ, 990
Most recent year
2024
Years covered
2018, 2019, 2021, 2022, 2023, 2024
Generated
2026-07-14
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Cover, Identity, and Data Lineage

OrganizationOPSAIL CONNECTICUT INC
Employer Identification Number (EIN)27-5076183
Years covered2018, 2019, 2021, 2022, 2023, 2024

Source: IRS machine-readable 990 XML filings. Generated: 2026-07-14 Years + form type: 2018:990EZ, 2019:990EZ, 2021:990EZ, 2022:990EZ, 2023:990, 2024:990EZ Disclaimer: This report supplements — not replaces — current internal financial records, budgets, YTD reporting, cash forecasts, and audited or reviewed financial statements where available. It presents as-filed IRS figures and may lag the organization's current financial position.

Executive Snapshot

Latest year2024
Operating margin-27.1%
Months of cash10.4 months
Net asset reserve ratio (proxy)0.87×

Proxy: total net assets used — restriction split not available for this filing.

Leverage (liabilities/assets)Not reported
Revenue YoY↓ -47.3%
Expense YoY↑ +8.7%

This Financial Report summarizes IRS machine-readable Form 990-series filings for OPSAIL CONNECTICUT INC across 6 filing year(s). The latest filing year (2024) shows operating margin -27.1% and leverage Not reported. Year-over-year revenue is ↓ -47.3%, and year-over-year expense is ↑ +8.7%. Values marked Not available reflect form-depth limits or absent lines in the filed record.

Multi-year Statement of Activities

Tax yearFormTotal revenueTotal expensesNet revenue
2018990EZ$97,692$94,501$3,191
2019990EZ$88,443$80,464$7,979
2021990EZ$98,752$72,019$26,733
2022990EZ$97,504$99,436-$1,932
2023990$221,305$136,454$84,851
2024990EZ$116,738$148,359-$31,621

Multi-year Statement of Financial Position

Tax yearFormTotal assets (EOY)Total liabilities (EOY)Net assets (EOY)
2018990EZNot reported$18,187$2,971
2019990EZNot reported$867$10,950
2021990EZNot reportedNot reported$81,839
2022990EZNot reportedNot reported$75,564
2023990$160,415$0$160,415
2024990EZNot reported$27$128,794

Fiscal-health Dashboard (Trend View)

Tax yearFormOperating marginMonths of cashCash basisReserve ratio / proxyReserve basisLeverageProgram expense ratioRevenue concentration
2018990EZ+3.3%0.8 months990-EZ combined cash+savings+investments (upper bound)0.03×Total net assets proxyNot reportedNot reportedNot reported
2019990EZ+9.0%1.3 months990-EZ combined cash+savings+investments (upper bound)0.14×Total net assets proxyNot reportedNot reportedNot reported
2021990EZ+27.1%12.9 months990-EZ combined cash+savings+investments (upper bound)1.14×Total net assets proxyNot reportedNot reportedNot reported
2022990EZ-2.0%9.1 months990-EZ combined cash+savings+investments (upper bound)0.76×Total net assets proxyNot reportedNot reportedNot reported
2023990+38.3%14.1 monthsForm 990 cash + savings1.18×Unrestricted net assets0.00×100.0%77.7%
2024990EZ-27.1%10.4 months990-EZ combined cash+savings+investments (upper bound)0.87×Total net assets proxyNot reportedNot reportedNot reported

This section is trend-only. It does not score, rank, or grade an organization. Where a form does not require a line, the record is marked Not available.

Revenue Composition and Reliability

Tax yearTop line amountTop-line share of total revenue
2023$171,93077.7%

Computed for full Form 990 years from separable Part VIII component lines (excluding aggregate total lines). The top-line share is context, not a verdict.

Expense Composition (Program / Management / Fundraising)

Tax yearTotal expensesProgram servicesManagement and generalFundraisingProgram share
2023$136,454$136,454$0$0100.0%

Compensation and Staffing Trend

Tax yearOfficer rowsW-2 employee count
2018Not availableNot available
2019Not availableNot available
2021Not availableNot available
2022Not availableNot available
2023150
2024Not availableNot available

Counts reflect public sworn filing disclosures and are presented without ranking or judgment.

How to Read This Report

Use this report to read patterns across years, not to assign pass/fail labels. Filing forms differ in depth. A missing value usually means the form did not require that line, or the filing did not provide it. Compare each year to nearby years first, then review source filings for context.

Methodology, Glossary, and Availability

Formulas used: - Operating margin = (total revenue − total expenses) ÷ |total revenue| - Months of cash (990) = (cash non-interest + savings/temp investments) ÷ (total expenses/12) - Months of cash (990-EZ upper bound) = cash+savings+investments combined line ÷ (total expenses/12) - Operating reserve ratio (990) = net assets without donor restrictions ÷ total expenses - Operating reserve ratio (990-EZ proxy) = total net assets ÷ total expenses - Leverage = total liabilities ÷ total assets - Revenue concentration = max(separable Part VIII component line) ÷ total revenue - Program expense ratio = Part IX line 25 program-service amount ÷ total expenses Form 990-PF (private foundation) support is partial: FMV asset totals are included; revenue, expense, and operating-reserve metrics are not computed because 990-PF uses a different income/expense structure (Part I vs Part VIII/IX). Rows with return_type=990PF will show Not available for most ratios. This Financial Report is free and requires no login. Unavailable lines in this organization's filings: - Form 990-EZ years do not include Part VIII revenue line detail. - Form 990-EZ years do not include Part IX functional expense allocation lines. - Form 990-EZ years do not include Part X line-level balance sheet detail.

Ready-to-use Briefs

Annual meeting one-pager: OPSAIL CONNECTICUT INC filed a 990-series history (Form 990-EZ: 2018–2019 and 2021–2022 and 2024; Form 990: 2023) — 2018–2024 (6 years). Latest year (2024): revenue $116,738 · expenses $148,359 · net -$31,621. Revenue declined year-over-year in 2024. Board packet summary: Review trend tables for OPSAIL CONNECTICUT INC across 2018–2024 (6 years). Key ratios — operating margin, reserve months, leverage — appear in the Fiscal-health Dashboard section. Interpret each metric in the context of the full series, not as a single-year score. Planning trend section: Consult the Revenue YoY and Expense YoY columns for OPSAIL CONNECTICUT INC's rate of change, and the Leverage column for balance sheet trajectory over the filing period. Succession/onboarding brief: OPSAIL CONNECTICUT INC's public 990 record covers 2018–2024 (6 years). Source URLs are in the Data Lineage section. Form-depth notes and the Unavailable Lines list explain why certain metrics are absent — absences are form constraints, not reporting failures.

Source Filings

YearFormSource
2018990EZOpen IRS XML
2019990EZOpen IRS XML
2021990EZOpen IRS XML
2022990EZOpen IRS XML
2023990Open IRS XML
2024990EZOpen IRS XML

IRS machine-readable XML source for each filing year in this report. URLs link to the IRS machine-readable XML mirrored through the GivingTuesday 990 Data Infrastructure public data lake.