The Circe Institute Inc
EIN: 820547660 · Kannapolis, NC · NTEE: B02
Is The Circe Institute Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Circe Institute Inc
The Circe Institute Inc (EIN: 820547660) is a nonprofit organization based in Kannapolis, NC, classified under NTEE code B02. The organization reported total revenue of $2.1M and total assets of $407K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Circe Institute Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Circe Institute Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 19.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$33K |
| Total Assets | $407K |
| Total Liabilities | $19K |
| Net Assets | $388K |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2024, The Circe Institute Inc reported a surplus of $33K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Circe Institute Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.0% | -13.9% | +1.9% |
| 2023 | +8.6% | +18.3% | -42.3% |
| 2022 | -1.9% | +28.6% | +1.0% |
| 2021 | +53.5% | +0.1% | +309.2% |
| 2020 | -8.1% | +12.5% | -46.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Circe Institute Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Circe Institute Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about The Circe Institute Inc
Is The Circe Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Circe Institute Inc (EIN: 820547660) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Circe Institute Inc spend its money?
Detailed spending breakdown data is not yet available for The Circe Institute Inc. Check back for updated IRS 990 analysis.
Are donations to The Circe Institute Inc tax-deductible?
The Circe Institute Inc is registered as a tax-exempt nonprofit (EIN: 820547660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Circe Institute Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Circe Institute Inc's revenue has grown by 887.7%, moving from $208K to $2.1M. Total assets increased by 574.8% over the same period, from $60K to $407K. Total functional expenses rose by 809.4%, from $222K to $2.0M. In its most recent filing year (2024), The Circe Institute Inc reported a surplus of $33K, with revenue exceeding expenses. The organization holds $19K in liabilities against $407K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $388K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $2.0M | $407K | $19K | — | View 990 |
| 2023 | $2.1M | $2.3M | $400K | $18K | — | View 990 |
| 2022 | $1.9M | $2.0M | $693K | $133K | — | View 990 |
| 2021 | $1.9M | $1.5M | $686K | $70K | — | View 990 |
| 2020 | $1.3M | $1.5M | $168K | $232K | — | View 990 |
| 2019 | $1.4M | $1.4M | $315K | $25K | — | View 990 |
| 2018 | $1.2M | $1.3M | $291K | $11K | — | View 990 |
| 2017 | $1.1M | $1.1M | $286K | $0 | — | View 990 |
| 2016 | $952K | $981K | $314K | $0 | — | View 990 |
| 2015 | $1.1M | $886K | $344K | $972 | — | View 990 |
| 2014 | $728K | $780K | $162K | $3K | — | View 990 |
| 2013 | $705K | $547K | $211K | $0 | — | View 990 |
| 2012 | $380K | $291K | $142K | $896 | — | View 990 |
| 2011 | $208K | $222K | $60K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.1M, expenses of $2.0M, and assets of $407K (revenue -1.0% year-over-year).
- 2023: Revenue of $2.1M, expenses of $2.3M, and assets of $400K (revenue +8.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $693K (revenue -1.9% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.5M, and assets of $686K (revenue +53.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.5M, and assets of $168K (revenue -8.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $315K (revenue +10.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $291K (revenue +17.5% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $286K (revenue +11.4% year-over-year).
- 2016: Revenue of $952K, expenses of $981K, and assets of $314K (revenue -11.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $886K, and assets of $344K (revenue +46.9% year-over-year).
- 2014: Revenue of $728K, expenses of $780K, and assets of $162K (revenue +3.3% year-over-year).
- 2013: Revenue of $705K, expenses of $547K, and assets of $211K (revenue +85.2% year-over-year).
- 2012: Revenue of $380K, expenses of $291K, and assets of $142K (revenue +82.8% year-over-year).
- 2011: Revenue of $208K, expenses of $222K, and assets of $60K.
Data Sources and Methodology
This transparency report for The Circe Institute Inc 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.