Circle Academy

Circle Academy shows consistent revenue and asset growth with no reported officer compensation.

EIN: 112396685 · Whitestone, NY · Updated: 2026-03-28

$6.1MRevenue

$3.4MAssets

85/100Mission Score (Excellent)

About Circle Academy

Circle Academy (EIN: 112396685) is a nonprofit organization based in Whitestone, NY. The organization reported total revenue of $6.1M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Circle Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Circle Academy with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Circle Academy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Circle Academy consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for directing funds to the mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Circle Academy:

Consistent revenue growth, from $2,252,293 in 202006 to $6,146,788 in 202406.
Significant asset growth, from $484,002 in 202006 to $3,359,071 in 202406.
Healthy financial surplus, with revenue consistently exceeding expenses in recent years.
Low liabilities relative to assets, indicating a strong balance sheet ($90,613 liabilities vs. $3,359,071 assets in 202406).
0% reported officer compensation across all available filings, suggesting strong commitment to mission-focused spending.

Frequently Asked Questions about Circle Academy

Is Circle Academy financially stable?

Yes, Circle Academy appears financially stable, demonstrating consistent revenue growth from $2,252,293 in 202006 to $6,146,788 in 202406, and a healthy asset base of $3,359,071 against relatively low liabilities of $90,613 in its latest filing.

How has Circle Academy's financial health changed over time?

Circle Academy has shown significant financial growth and improvement. Revenue has more than doubled since 202106, and assets have increased from $484,002 in 202006 to over $3.3 million in 202406, indicating strong expansion and asset accumulation.

Does Circle Academy spend efficiently?

Based on the available data, Circle Academy consistently operates with a surplus (revenue exceeding expenses), suggesting efficient management of its resources. For example, in 202406, expenses were $5,527,395 against $6,146,788 in revenue.

Filing History

IRS 990 filing history for Circle Academy showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Circle Academy's revenue has grown by 1452.6%, moving from $396K to $6.1M. Total assets increased by 18630.2% over the same period, from $18K to $3.4M. Total functional expenses rose by 1398.3%, from $369K to $5.5M. In its most recent filing year (2024), Circle Academy reported a surplus of $619K, with revenue exceeding expenses. The organization holds $91K in liabilities against $3.4M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $3.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$6.1M	$5.5M	$3.4M	$91K	—	—
2023	$4.6M	$4.0M	$3.0M	$390K	—	View 990
2022	$4.5M	$3.2M	$2.2M	$204K	—	View 990
2021	$2.6M	$1.9M	$983K	$250K	—	—
2020	$2.3M	$2.4M	$484K	$374K	—	View 990
2019	$2.5M	$2.3M	$330K	$64K	—	View 990
2018	$2.3M	$2.2M	$277K	$180K	—	View 990
2017	$3.0M	$3.0M	$219K	$184K	—	View 990
2016	$2.8M	$3.0M	$185K	$182K	—	View 990
2015	$2.5M	$2.4M	$187K	$55K	—	View 990
2014	$889K	$887K	$148K	$110K	—	View 990
2013	$458K	$443K	$77K	$22K	—	View 990
2012	$347K	$319K	$58K	$18K	—	View 990
2011	$396K	$369K	$18K	$6K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $6.1M, expenses of $5.5M, and assets of $3.4M (revenue +33.0% year-over-year).
2023: Revenue of $4.6M, expenses of $4.0M, and assets of $3.0M (revenue +2.6% year-over-year).
2022: Revenue of $4.5M, expenses of $3.2M, and assets of $2.2M (revenue +76.0% year-over-year).
2021: Revenue of $2.6M, expenses of $1.9M, and assets of $983K (revenue +13.6% year-over-year).
2020: Revenue of $2.3M, expenses of $2.4M, and assets of $484K (revenue -8.5% year-over-year).
2019: Revenue of $2.5M, expenses of $2.3M, and assets of $330K (revenue +7.6% year-over-year).
2018: Revenue of $2.3M, expenses of $2.2M, and assets of $277K (revenue -24.2% year-over-year).
2017: Revenue of $3.0M, expenses of $3.0M, and assets of $219K (revenue +6.6% year-over-year).
2016: Revenue of $2.8M, expenses of $3.0M, and assets of $185K (revenue +12.8% year-over-year).
2015: Revenue of $2.5M, expenses of $2.4M, and assets of $187K (revenue +182.5% year-over-year).
2014: Revenue of $889K, expenses of $887K, and assets of $148K (revenue +94.0% year-over-year).
2013: Revenue of $458K, expenses of $443K, and assets of $77K (revenue +32.0% year-over-year).
2012: Revenue of $347K, expenses of $319K, and assets of $58K (revenue -12.4% year-over-year).
2011: Revenue of $396K, expenses of $369K, and assets of $18K.

Data Sources and Methodology

This transparency report for Circle Academy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.