Is Circle Academy Legit?

Circle Academy demonstrates strong financial health and growth, with its latest revenue reaching $6,146,788 and assets growing to $3,359,071 in the 202406 period. The organization consistently operates with a surplus, indicating effective financial management and sustainability. Its liabilities are relatively low compared to its assets, suggesting a healthy balance sheet. The consistent growth in revenue and assets over the past several years, from $2,557,526 in revenue and $982,843 in assets in 202106 to current figures, points to expanding operations and increasing capacity to fulfill its mission. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall expense ratio to revenue is favorable. For instance, in 202406, expenses were $5,527,395 against $6,146,788 in revenue, indicating that a significant portion of income is being directed towards operations. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and commitment to directing funds towards its mission rather than executive salaries. Overall, Circle Academy appears to be a financially sound and growing organization. Its consistent financial reporting and the absence of officer compensation suggest a commitment to transparency and efficient use of resources. Further analysis of detailed expense categories would provide a more granular understanding of spending efficiency, but the available data paints a positive picture of its financial stewardship.