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Connecticut · Nonprofit

BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC

BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC (Connecticut) receives grants from 4 organizations whose IRS filings report $300,150 to it, the largest being PEACH PIT FOUNDATION ($193,000). 3 of them have funded it in more than one year.

Revenue FY2025
$719k
Funders on record
4
Grants received
$300k
Net assets
$627k
3/4 repeat funderspeak grant-dependency 6%
01What it does

What Businessindustry Foundation of Middlesex County Inc does

Mission

The foundation conducts educational seminars and employment related programs for the benefit of the business community.

As stated on its FY2025 Form 990.

Programs

  1. Worker preparation and training programs including those designed to help welfare recipients and disadvantaged youth develop work related disciplines and those designed to provide job training. An entrepreneurial and business development course, designed to assist minority small business to become more successful by developing the attitudes, skills and qualities necessary for effective business ownership and success.

    $707,387 spent
    100% of program spending
  2. The recovery employment program (rep) helps those in recovery rebuild lives that have been torn and ripped apart due to addiction. Many don't see a way out, or no hope. But with the rep, there is. We offer employment to many who even see themselves as unemployable. Why? Many have the proper skills sets, but are lacking self-esteem due their past addiction. However, the recovery employment program reasserts confidence in the job applicant's abilities and in themselves as they gain employment. We offer job coaching as well as counsel. This is not just a job placement program, but it is a life skill program that will help people in recovery with the life skills they need through the coaching aspect of the program.the recovery employment program, is a program with opportunities.this program will serve the community of those who are in recovery and putting their lives back together. Together as a community we can help them take the necessary steps on their road.

  3. Side street to main street program - educates entrepreneurs in business disciplines such as marketing, financial statements, banking and current software applications for business.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $707,387.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($717k) Expenses 100 ($716k) Net assets 100 ($465k)2018 Revenue 78 ($561k) Expenses 74 ($527k) Net assets 107 ($499k)2019 Revenue 94 ($678k) Expenses 90 ($643k) Net assets 115 ($533k)2020 Revenue 98 ($700k) Expenses 103 ($736k) Net assets 107 ($497k)2021 Revenue 109 ($781k) Expenses 109 ($783k) Net assets 107 ($496k)2022 Revenue 111 ($796k) Expenses 106 ($757k) Net assets 115 ($535k)2023 Revenue 109 ($782k) Expenses 98 ($702k) Net assets 132 ($616k)2024 Revenue 93 ($670k) Expenses 92 ($656k) Net assets 135 ($629k)2025 Revenue 100 ($719k) Expenses 101 ($720k) Net assets 135 ($627k)
'17'18'19'20'21'22'23'24'25
Revenue (100)Expenses (101)Net assets (135)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $754k to $946k (+25%).

$542k
$613k
$770k
$748k
$754k
$946k
$909k
$1.0M
$1.1M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 62% · 2019 32% · 2020 27% · 2021 27% · 2022 35% · 2023 50% · 2024 43% · 2025 37%. Grants only. Government contracts and fees sit inside program revenue.

98% of BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC’s revenue is contributions — more donation-reliant than the typical peer (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$2k
’17
$34k
’18
$34k
’19
−$36k
’20
−$1k
’21
$39k
’22
$81k
’23
$13k
’24
−$2k
’25
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Theresa Opalacz

Chairwoman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed121112121214141717
Joined·+0+2+0+0+2+1+8+0
No longer listed·11000150
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $28k → $41k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC leans on a few funders — its largest provides 64% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

64%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 71% · 2018 60% · 2019 80% · 2020 76% · 2021 89% · 2022 67% · 2023 82% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC's grant income comes from Connecticut funders.

CT

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC holds deeper cash reserves than three-quarters of the 1,448 employment nonprofits its size.

Operating margin−0% · below the median
Months of reserve17.5mo · top quartile
Revenue growth (annualized)0% · below the median

this organization peer median middle 50% of peers· 1,448 employment nonprofits $100k–$1M, FY2025

Organizations like BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CT

Part of a family of 1 related entity

  • Middlesex Cty Chamber of Commerce · exempt

Screen this organization

A dated, signed PDF of the compliance screen for BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC?
BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC (Connecticut) receives grants from 4 organizations whose IRS filings report $300,150 to it, the largest being PEACH PIT FOUNDATION ($193,000). 3 of them have funded it in more than one year.
How many funders does BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC have?
IRS filings report 4 organizations giving $300,150 in grants to BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC, 3 of which have funded it in more than one year.
Who is the largest funder of BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC?
PEACH PIT FOUNDATION is the largest funder on record, with $193,000 in grants. The full list of funders is on this page.
How can an organization like BUSINESSINDUSTRY FOUNDATION OF MIDDLESEX COUNTY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing