Operation Fuel Inc
- Assets
- $2.8m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 16
- Location
- Hartford, CT
- Founding
- 08/1989
- Data as of
- 06/2022
- EIN
- 06-1253091
Organization Overview
Operation Fuel Inc is located in Hartford, CT. The organization was established in 1989. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Operation Fuel Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Fuel Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Operation Fuel Inc generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION FUEL ENSURES EQUITABLE ACCESS TO ENERGY FOR ALL BY PROVIDING YEAR-ROUND ENERGY ASSISTANCE, PROMOTING ENERGY INDEPENDENCE, AND ADVOCATING FOR AFFORDABLE ENERGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION FUEL'S YEAR-ROUND PROGRAM PROVIDED ENERGY ASSISTANCE TO 5,520 LOW- AND MODERATE-INCOME CONNECTICUT HOUSEHOLDS WHO ARE NOT ELIGIBLE FOR OR WHO HAVE EXHAUSTED THEIR GOVERNMENT BENEFITS.
OPERATION FUEL RECEIVED A GRANT OF $2.1 MILLION FROM THE STATE OF CONNECTICUT TO RUN AN EMERGENCY HOME ENERGY ASSISTANCE PROGRAM DURING FY22. GRANTS OF UP TO $700 WERE PROVIDED TO 3,117 ELIGIBLE CONNECTICUT HOUSEHOLDS AND PAID DIRECTLY TO FUEL OR UTILITY VENDORS. $200,000 OF THE GRANT WAS USED TO PROVIDE PROGRAM AND CASE MANAGEMENT SUPPORT BY OPERATION FUEL'S CENTRAL OFFICE AND ITS NETWORK OF 64 FUEL BANKS AROUND THE STATE OF CONNECTICUT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Watson Executive Director | Officer | 35 | $111,049 |
Johanna Reyes Director Of Finance | Officer | 35 | $67,541 |
Allan Smith Chair | OfficerTrustee | 1 | $0 |
Megan Brown Co-Chair | OfficerTrustee | 1 | $0 |
Richard Schauster Treasurer | OfficerTrustee | 1 | $0 |
Scott Jellison Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,467,804 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,567,804 |
| Total Program Service Revenue | $0 |
| Investment income | $29,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,597,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,183,814 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $835,318 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,815 |
| Payroll taxes | $81,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,349 |
| Fees for services: Accounting | $27,295 |
| Fees for services: Lobbying | $18,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,907 |
| Fees for services: Other | $193,744 |
| Advertising and promotion | $0 |
| Office expenses | $2,912 |
| Information technology | $20,027 |
| Royalties | $0 |
| Occupancy | $51,491 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,135 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,378 |
| Insurance | $12,377 |
| All other expenses | $0 |
| Total functional expenses | $6,821,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,274 |
| Savings and temporary cash investments | $577,635 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,882 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $44,196 |
| Net Land, buildings, and equipment | $35,781 |
| Investments—publicly traded securities | $1,680,867 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,341 |
| Total assets | $2,801,976 |
| Accounts payable and accrued expenses | $104,990 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,794 |
| Total liabilities | $110,784 |
| Net assets without donor restrictions | $2,494,674 |
| Net assets with donor restrictions | $196,518 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,801,976 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Operation Fuel Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Lena Benas Memorial Fund Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $20,000 |
Marion Isabelle Coe Fund Dallas, TX PURPOSE: PROVIDE LOW INCOME ENERGY | $10,000 |
Farmington Bank Community Foundation Inc Hartford, CT PURPOSE: EMERGENCY ENERGY ASSISTANCE | $10,000 |
Marzahl Mv Marzahl Charitable Tr 3007894 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Energy Consumers Alliance Inc Jamaica Plain, MA | $5,258,503 | $8,625,489 |
Capital For Change Inc Wallingford, CT | $69,646,827 | $10,335,539 |
Operation Fuel Inc Hartford, CT | $2,801,976 | $6,597,042 |
Bclf Ventures Inc Boston, MA | $107,589,450 | $9,107,552 |
Webster Apartments Congers, NY | $14,551,827 | $6,588,397 |
Rental Assistance Corporation Of Buffalo Buffalo, NY | $7,021,377 | $3,957,549 |
Westside Ministries Inc Buffalo, NY | $1,861,315 | $3,049,976 |
Niagara Falls Neighborhood Housing Services Inc Niagara Falls, NY | $3,221,959 | $1,818,977 |
Neighborhood Housing Service Of New Britain Inc New Britain, CT | $9,799,451 | $3,488,244 |
Northfield Community Ldc Of Staten Island Inc Staten Island, NY | $972,612 | $2,043,555 |
Housing Corporation Of Arlington Arlington, MA | $44,078,576 | $2,009,359 |
Community Capital New York Inc Elmsford, NY | $13,076,152 | $2,371,640 |