CIRCULATE INITIATIVE INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
CIRCULATE INITIATIVE INC (EIN 83-4505154)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-07-27
IRS object ID
202632089349300958
Schema version
2025v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-07-27T15:00:28-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN871353108PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EISNER ADVISORY GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1111 WOOD AVENUE SOUTHAddressLine1Txt
CityISELINCityNm
State AbbreviationNJStateAbbreviationCd
ZIP088302700ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN834505154EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CIRCULATE INITIATIVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCIRCBusinessNameControlTxt
Phone6467831943PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 EAST 42ND STREET 3130AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10165ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL SADOWSKIPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6467831943PhoneNum
Signature2026-07-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGINA RACHELPreparerPersonNm
PTINP01216293PTIN
Phone7322437000PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL SADOWSKIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 E 42ND ST 3130AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10165ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,080,137GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THECIRCULATEINITIATIVE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN EMERGING MARKETS IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,738,577PYContributionsGrantsAmt
CY Contributions Grants$1,711,987CYContributionsGrantsAmt
PY Program Service Revenue$200,445PYProgramServiceRevenueAmt
CY Program Service Revenue$344,408CYProgramServiceRevenueAmt
PY Investment Income$35,055PYInvestmentIncomeAmt
CY Investment Income$17,691CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,974,077PYTotalRevenueAmt
CY Total Revenue$2,074,086CYTotalRevenueAmt
PY Grants And Similar Paid$274,267PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$106,476CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$311,357PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$345,191CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,541CYTotalFundraisingExpenseAmt
PY Other Expenses$1,924,853PYOtherExpensesAmt
CY Other Expenses$2,061,099CYOtherExpensesAmt
PY Total Expenses$2,510,477PYTotalExpensesAmt
CY Total Expenses$2,512,766CYTotalExpensesAmt
PY Revenues Less Expenses-$536,400PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$438,680CYRevenuesLessExpensesAmt
Total Assets BOY$3,322,495TotalAssetsBOYAmt
Total Assets EOY$4,423,831TotalAssetsEOYAmt
Total Liabilities BOY$2,055,079TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,595,095TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,267,416NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$828,736NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN EMERGING MARKETS IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,298,122ExpenseAmt
Grant$106,476GrantAmt
DescEND PLASTIC POLLUTION WHILE BUILDING CIRCULAR EQUITABLE ECONOMIES: PROVIDE DECISION MAKERS, INVESTORS, AND BUSINESSES WITH THE KNOWLEDGE, INSPIRATION, NETWORKS AND RESOURCES TO DEVELOP AND SUPPORT PROGRAMS THAT INCENTIVIZE PLASTIC WASTE REDUCTION AND ENABLE INCLUSIVE CIRCULAR ECONOMIES.Desc
Total Program Service Expenses$2,298,122TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldDEStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PORTCULLIS FAMILY OFFICE PTE LTD ATTN JOSEPHINE NGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6564960445PhoneNum

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line116 RAFFLES QUAY 19-01 HONG LENGAddressLine1Txt
CitySINGAPORECityNm
CountrySNCountryCd
Foreign Postal048581ForeignPostalCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROBERT KAPLAN
BOARD MEMBER/TREASURER1.00Yes (X)Yes (X)$0$0$0
MICHAEL SADOWSKI
EXEC DIRECTOR AND BOARD MEMBER16.00Yes (X)Yes (X)$162,950$0$0
HEATHER CANON
BOARD MEMBER1.00Yes (X)$0$0$0
CHEVER VOLTMER
BOARD MEMBER/SECRETARY1.00Yes (X)Yes (X)$0$0$0
KAVITA PRAKASH-MANI
BOARD MEMBER1.00Yes (X)$0$0$0
KHUNAPONG KHUNARAKSA
SR. DIRECTOR, FINANCE & OPS40.00Yes (X)$177,209$0$5,032
FieldValueIRS element (for citing)
Total Reportable Comp From Org$340,159TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$5,032TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/ForeignAddress/AddressLine1TxtCountryContractorAddress/ForeignAddress/CountryCdServicesServicesDescCompensationCompensationAmtAddress Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdForeign PostalContractorAddress/ForeignAddress/ForeignPostalCd
PT GOLDEN RATIO FOR SAFETY
JL MUNDUK TENGAH NO6 KEL PEREREIDPROGRAM MANAGEMENT$195,157
CIRCULATE CAPITAL MANAGEMENT PTE LTD
16 RAFFLES QUAY 19-01 HONG LEONG BSNRESEARCH SERVICES$169,245
TEAM TASSY DBA
PUBLIC RELATIONS$152,004360 EAST 2ND STREET SUITE 800LOS ANGELESCA90012
BALDWIN BOYLE GROUP
112 ROBINSON ROAD 06-03SNPUBLIC RELATIONS$107,345068902
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,711,987AllOtherContributionsAmt
Total Contributions$1,711,987TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCONSULTINGDesc
Business541610BusinessCd
Total Revenue Column$344,408TotalRevenueColumnAmt
Related Or Exempt Func Income$344,408RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$344,408TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,742TotalRevenueColumnAmt
Exclusion$23,742ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$6,051OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$6,051OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$6,051TotalRevenueColumnAmt
Exclusion-$6,051ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,074,086TotalRevenueColumnAmt
Related Or Exempt Func Income$344,408RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$17,691ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,100TotalAmt
Program Services$1,100ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$105,376TotalAmt
Program Services$105,376ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$340,159TotalAmt
Program Services$331,022ProgramServicesAmt
Management And General$9,137ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,032TotalAmt
Program Services$4,236ProgramServicesAmt
Management And General$796ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$63,232TotalAmt
Program Services$51,205ProgramServicesAmt
Management And General$12,027ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$54,299TotalAmt
Program Services$43,971ProgramServicesAmt
Management And General$10,328ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$133,885TotalAmt
Program Services$108,420ProgramServicesAmt
Management And General$25,465ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Fundraising$5,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$302TotalAmt
Management And General$302ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,390TotalAmt
Program Services$4,106ProgramServicesAmt
Management And General$284ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$227,393TotalAmt
Program Services$203,138ProgramServicesAmt
Management And General$18,860ManagementAndGeneralAmt
Fundraising$5,395FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$37,769TotalAmt
Program Services$34,637ProgramServicesAmt
Management And General$3,132ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,545TotalAmt
Program Services$12,987ProgramServicesAmt
Management And General$2,558ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONSULTING$1,424,490$1,309,055$109,485$5,950
DUES AND SUBSCRIPTIONS$94,022$88,869$3,957$1,196
BANK CHARGES$772$772

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,512,766TotalAmt
Program Services$2,298,122ProgramServicesAmt
Management And General$197,103ManagementAndGeneralAmt
Fundraising$17,541FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,549,783BOYAmt
EOY$3,344,522EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$611,112BOYAmt
EOY$634,854EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$120,001BOYAmt
EOY$413,277EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$41,599BOYAmt
EOY$31,178EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,322,495BOYAmt
EOY$4,423,831EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$145,855BOYAmt
EOY$147,172EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,831,162BOYAmt
EOY$3,411,595EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$78,062BOYAmt
EOY$36,328EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,055,079BOYAmt
EOY$3,595,095EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,267,416BOYAmt
EOY$828,736EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,267,416BOYAmt
EOY$828,736EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,322,495BOYAmt
EOY$4,423,831EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$438,680ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,896,351CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,090,780CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,191,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,738,577CurrentTaxYearMinus1YearAmt
Current Tax Year$1,711,987CurrentTaxYearAmt
Total$12,629,501TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,896,351CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,090,780CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,191,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,738,577CurrentTaxYearMinus1YearAmt
Current Tax Year$1,711,987CurrentTaxYearAmt
Total$12,629,501TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,580,369SubstantialContributorsTotAmt
Public Support Total170$9,049,132PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$276CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,318CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,643CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$28,081CurrentTaxYearMinus1YearAmt
Current Tax Year$23,742CurrentTaxYearAmt
Total$86,060TotalAmt
FieldValueIRS element (for citing)
Total Support$12,715,561TotalSupportAmt
Gross Receipts Rltd Activities$696,579GrossReceiptsRltdActivitiesAmt
Public Support CY1700.71170PublicSupportCY170Pct
Public Support PY1700.79570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescRELATED PARTY PAYABLEDesc
Amt$36,328Amt
FieldValueIRS element (for citing)
Total Liability$36,328TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,074,086TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,074,086RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,074,086TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,512,767TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,512,767ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,512,767TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("I.R.C.") AND IS THEREFORE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE I.R.C. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL REQUIRED TAX RETURNS HAVE BEEN FILED. THE ORGANIZATION ADHERES TO FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE AND CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. ACCORDINGLY, MANAGEMENT HAS DETERMINED THAT FOR THE YEAR ENDED DECEMBER 31, 2025 AND 2024, THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. ANNUALLY THE ORGANIZATION FILES AN INFORMATIONAL TAX RETURN WITH THE INTERNAL REVENUE SERVICE. SINCE THEY DO NOT OTHERWISE DIRECTLY SOLICIT FOR DONATIONS, MANAGEMENT IS EVALUATING REGISTRATION AS A CHARITY IN SPECIFIC STATES WHERE GRANT APPLICATIONS HAVE BEEN FILED AND FUNDING FROM THESE DONORS HAS BEEN COLLECTED. THE ORGANIZATION IS GENERALLY SUBJECT TO TAX EXAMINATIONS FOR THREE YEARS AFTER ITS LATEST FILING.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,1PROGRAM SERVICESOPERATION AND STRATEGY$61,661
SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,PROGRAM SERVICESOPERATION AND STRATEGY$28,715
EUROPE (INCLUDING ICELAND & GREENLAND)PROGRAM SERVICESOPERATION AND STRATEGY$15,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees1SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee1TotalEmployeeCnt
Subtotal Spent$105,376SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$105,376TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDesc
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,FOR THE IMPLEMENTATION OF ACCELERATE CIRCULAR ECONOMY FOR BUSINESS IN VIETNAM$12,750TRANSFER$0BOOK
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,LEAD THE IMPLEMENTATION OF THE RESPONSIBLE SOURCING INITIATIVE INDONESIA PROJECT IN AMANDINA'S SUPPLY CHAIN$61,661TRANSFER$0BOOK
EUROPE (INCLUDING ICELAND & GREENLAND)SUPPORT THE INTERNATIONAL ALLIANCE OF WASTE PICKERS TO ORGANISE A REGIONAL GATHERING OF WASTE PICKER LEADERS IN AFRICA AND PROVIDE LEADERSHIP CAPACITY BUIDING SUPPORT AND INTRODUCE RESPONSIBLE SOURCING INITITIATIVE'S EFFORTS IN AFRICA$15,000TRANSFER$0BOOK
SOUTH ASIASUPPORT THE IMPLEMENTATION OF THE RESPONSIBLE SOURCING INITIATIVE INDIA PROJECTS : BUILD CAPACITIES OF WASTE PICKERS/WORKERS AS STAKEHOLDERS IN WASTE MANAGEMENT AND ENVIRONMENTAL SUSTAINABILITY$15,965TRANSFER$0BOOK
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2:THE ORGANIZATION HAS CONTACT WITH INDIVIDUALS FROM THE FOREIGN ORGANIZATIONS AND RECEIVES WRITTEN UPDATES.
PART I, LINE 3:ACCRUAL

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KHUNAPONG KHUNARAKSA
SR. DIRECTOR, FINANCE & OPS$177,209$0$0$0$0$0$0$0$5,032$0$182,241$0$0$0
MICHAEL SADOWSKI
EXEC DIRECTOR AND BOARD MEMBER$162,950$0$0$0$0$0$0$0$0$0$162,950$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonROBERT KAPLANPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBD MEMBER AND 100% OWNERSHIP INT IN CIRCULATE CAPITAL MANAGEMENT PTERelationshipDescriptionTxt
Transaction$169,245TransactionAmt
TransactionCONSULTING AGREEMENT WITH CIRCULATE CAPITAL MANAGEMENT PTETransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION GIVES A COPY OF THE 990 TO THE GOVERNING BOARD FOR DISCUSSION AND APPROVAL BEFORE FILING THE 990.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION GIVES THE BOARD A CONFLICT OF INTEREST DISCLOSURE FORM TO FILL OUT AND RETURN ANNUALLY. TRANSACTIONS THAT INVOLVE INTERESTED PARTIES ARE REVIEWED AND APPROVAL BY THE INDEPENDENT, DISINTERESTED BOARD MEMBERS WITHOUT THE PARTICIPATION OF THE INTERESTED PARTY.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION DOES A REVIEW OF COMPARABLE SALARIES AND PREPARES A STANDARD CONTRACT OF EMPLOYMENT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE ORGANIZATION DOES MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE LIMITED AMOUNT OF PUBLIC IN THE ANNUAL REPORT.
FORM 990, PART XII, LINE 2C:THERE IS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CIRCULATE CAPITAL LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 WOOD AVE SOUTH SUITE 700AddressLine1Txt
CityISELINCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08830ZIPCd
FieldValueIRS element (for citing)
EIN831593784EIN
Legal Domicile StateNYLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Predominant Income TypeN/APredominantIncomeTypeTxt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CIRCULATE CAPITAL MANAGEMENT PTE LTDBusinessNameLine1Txt

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line1HONG LEONG BUILDING 16 RAFFLES QUAAddressLine1Txt
CitySINGAPORECityNm
CountrySNCountryCd
Foreign Postal048581ForeignPostalCd
FieldValueIRS element (for citing)
Primary ActivitiesMANAGEMENT SERVICESPrimaryActivitiesTxt
Legal Domicile Foreign CountrySNLegalDomicileForeignCountryCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CIRCULATE CAPITAL MANAGEMENT PTE LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$169,245InvolvedAmt
Method Of Amount DeterminationFMVMethodOfAmountDeterminationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.