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Circle Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264526707 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Circle Foundation?

Circle Foundation is a non-discriminatory, non-sectarian, and non-political organization located at 17 N STATE STREET 3RD FL, Chicago, IL 60602. Its primary mission is to facilitate innovative educational experiences, inspirational leadership development, insightful guidance opportunities, and diligent support service programming. This mission aims to preserve and encourage the peak of human potential, contributing to individual, group, and societal progress. The Foundation primarily works with students aged 16-21 who have faced challenges in traditional public school settings and are at risk of academic failure or dropping out. It does this through Innovations High School, a campus of the Youth Connection Charter School, which offers high school study in a small school setting with an emphasis on arts-integrated project-based learning. Circle Foundation employs a team of 43 individuals.


Official website here: www.circlefound.org

What are the reviews and ratings of this charity?

**Circle Foundation - Charity Navigator Rating: 81% (Three-Star out of Four Stars)**

Circle Foundation holds a Three-Star rating from Charity Navigator, primarily reflecting solid accountability and financial practices, with an impressive program expense ratio of 87.02%. This indicates that a significant portion of their expenditures goes directly to their programs, which is a positive indicator for potential donors seeking transparency and effective use of funds. However, the lack of scores in areas such as Impact & Measurement, Culture & Community, and Leadership & Adaptability suggests there may be some gaps in understanding the organization's overall effectiveness and influence.

The foundation benefits from a strong governance framework, featuring a high percentage of independent board members, which can enhance decision-making and reduce conflicts of interest. Noteworthy is the absence of reported asset diversion, indicating sound financial integrity. Nonetheless, the organization could improve by ensuring that all required financial documents are available on its website, as this may affect transparency.

Currently, there are no user reviews available from GreatNonprofits, limiting insights into the public's perception and experiences with Circle Foundation. Overall, while the charity displays strong accountability and financial health, potential donors should consider the incomplete picture regarding its broader organizational impact and community engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Circle Foundation legitimate?

Circle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $503,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,064,313

For more financial information, click here


Official website here: www.circlefound.org

What is the mission statement of Circle Foundation?

The Circle Foundation aims to establish an institution that encourages, motivates, and empowers individuals to achieve their highest aspirations. This organization provides innovative educational experiences, inspiring leadership development opportunities, insightful guidance, and responsible support services. It is a non-discriminatory, non-sectarian, and non-political entity that focuses on preserving and promoting human potential, contributing to individual, group, and societal progress.


Official website here: www.circlefound.org

Who is the CEO of Circle Foundation?

Lashaun Jackson is the Executive Director of Circle Foundation.


Official website here: www.circlefound.org

What is the revenue of Circle Foundation?

Circle Foundation's revenue in 2022 was $7,510,733.


Official website here: www.circlefound.org

Who are the executives of Circle Foundation and what are their salaries?

The average compensation at Circle Foundation during 2022 was $59,719. There are 43 employees and 6 volunteers at Circle Foundation.


Here are 10 key members and their salaries:


Lashaun Jackson (Executive Director)
  • Compensation: $217,088
  • Related: $0
  • Other: $25,930
Omar Moore (Chief Operating Officer)
  • Compensation: $205,183
  • Related: $0
  • Other: $25,759
Tim Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sakol (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Claude Aurel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andricus Hutcherson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiela Wilson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tasha Young (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Argueta (Controller)
  • Compensation: $137,911
  • Related: $0
  • Other: $14,944
Melissa Cotirla (Principal)
  • Compensation: $114,622
  • Related: $0
  • Other: $15,696


Official website here: www.circlefound.org

Where can I find the form 990 for Circle Foundation?

Circle Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.circlefound.org

Learn more at the official website: www.circlefound.org

Mission Statement of Circle Foundation

Circle Foundation is an institution dedicated to fostering an environment that inspires, motivates, and empowers individuals to achieve their highest aspirations. This organization, which is non-discriminatory, non-sectarian, and non-political, facilitates innovative educational experiences, leadership development opportunities, insightful guidance, and supportive service programming. The primary goal of Circle Foundation is to preserve and encourage the full potential of individuals, aiming to contribute to the progress of individuals, groups, and society as a whole. By providing a platform for growth and development, Circle Foundation seeks to empower people to reach their fullest potential and make meaningful contributions to their communities and the world.

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Impact




October, 2024

Circle Foundation significantly impacts the lives of at-risk youth by establishing innovative educational environments that inspire, motivate, and empower students. Through Innovations High School, located in Chicago, the foundation provides a specialized curriculum focused on arts-integrated project-based learning. This approach caters to high school students aged 16-21 who have struggled in traditional public school settings, fostering a supportive atmosphere where they can thrive academically and personally.

By prioritizing small class sizes and personalized attention, Circle Foundation addresses the unique challenges faced by students at risk of academic failure or dropping out. The institution not only facilitates educational experiences but also champions leadership development and provides insightful guidance and support services. This holistic approach helps students develop their highest aspirations, ultimately contributing to their individual progress and that of the broader community. Through its commitment to nurturing human potential, Circle Foundation plays a crucial role in advancing societal progress while encouraging a culture of resilience and achievement among young people.




This information is meant to be a general summary of Circle Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$7,510,733 (2022)
Expenses
$6,310,485 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $159
  • Program Service Revenue: $36,708
  • Gross Receipts: $7,510,733

Assets and Liabilities:

  • Total Assets: $2,420,640
  • Total Liabilities: $770,249
  • Net Assets: $1,650,391

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT FEES

Revenue

$36,708

Organization Details

Founding Year

2009

Principal Officer

Lashaun Jackson

Main Address

17 N STATE STREET 3RD FL, CHICAGO, IL, 60602

NTEE Category

Code: B20 - Education

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