Overview
What is Circle Inc?
Circle Inc., operating under the name Seneca Academy, is a nonprofit organization situated in Darnestadt, Maryland. With a focus on education, Seneca Academy serves students from pre-school to sixth grade, boasting an enrollment of 168 students as of the academic year ending in June 2023. The organization's mission revolves around fostering children's natural curiosity and instilling a passion for learning through a collaborative, inquiry-based program in a vibrant and welcoming community. With a workforce of 54 individuals, Seneca Academy aims to create an engaging learning environment that nurtures and inspires its students.
Official website here: www.senecaacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 80% - Three-Star out of Four Star Rating
Circle Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The score is derived from a comprehensive evaluation of their operational practices, with a particular focus on financial management and governance. Maintaining a strong accountability framework, the organization has demonstrated a commitment to transparency and responsible stewardship of donations.
The nonprofit boasts an impressive composition of its board, with all members being independent, which enhances its governance practices. The organization also scores high in various aspects of financial oversight, including the presence of an Audit and Oversight Committee and adherence to conflict of interest and whistleblower policies. Additionally, a significant portion of its expenses is allocated to programs, reflecting a dedication to its mission.
While the organization showcases strong financial practices and governance policies, the overall rating suggests there is room for improvement in areas not covered by the current evaluation. Stakeholders may benefit from further insights into the impact of Circle Inc's programs and initiatives to better understand their effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Circle Inc legitimate?
Circle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle Inc 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: $202,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,095,385
For more financial information, click here
Official website here: www.senecaacademy.org
What is the mission statement of Circle Inc?
Circle Inc., operating as Seneca Academy, fosters children's natural curiosity and ignites a passion for learning through a collaborative, inquiry-based program in a dynamic and welcoming community. The educational institution encourages a collaborative approach to learning, nurturing a love for knowledge in young students from pre-school to sixth grade. Seneca Academy provides an engaging environment that welcomes and supports the children's development.
Official website here: www.senecaacademy.org
Who is the CEO of Circle Inc?
Jennifer Serenyi is the Head Of School of Circle Inc.
Official website here: www.senecaacademy.org
What is the revenue of Circle Inc?
Circle Inc's revenue in 2023 was $2,563,899.
Official website here: www.senecaacademy.org
Who are the executives of Circle Inc and what are their salaries?
The average compensation at Circle Inc during 2023 was $24,040. There are 54 employees and 40 volunteers at Circle Inc.
Here are 16 key members and their salaries:
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- Other: $501
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Official website here: www.senecaacademy.org
Where can I find the form 990 for Circle Inc?
Circle Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.senecaacademy.org
Learn more at the official website: www.senecaacademy.org
Mission Statement of Circle Inc
Circle Inc., operating under the name Seneca Academy, is committed to fostering children's natural curiosity and igniting a love for learning. They achieve this through a collaborative and inquiry-based program, creating a dynamic and welcoming community. By providing education for students from pre-school to sixth grade, Seneca Academy nurtures a lifelong passion for learning in its students.
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Impact
July, 2024
Circle Inc, operating as Seneca Academy, has a significant impact on education in Darneystown, MD. The organization fosters children's natural curiosity and ignites a love of learning through a collaborative, inquiry-based program in a dynamic and welcoming community. With an enrollment of 168 students for the academic year ending June 30, 2023, Seneca Academy plays a vital role in shaping the educational experiences of preschool, kindergarten, and elementary through sixth-grade students. By providing an environment that encourages curiosity and a passion for learning, Seneca Academy contributes to the intellectual development and growth of its students, preparing them for future success.
This information is meant to be a general summary of Circle Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $52,001
- Program Service Revenue: $2,171,074
- Gross Receipts: $2,573,505
Assets and Liabilities:
- Total Assets: $5,697,496
- Total Liabilities: $4,208,641
- Net Assets: $1,488,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION SERVICES
Revenue
$2,171,074
Organization Details
Founding Year
1984
Phone
(301) 869-3728Principal Officer
Jennifer Serenyi
Main Address
15601 GERMANTOWN ROAD, DARNESTOWN, MD, 20874
Website
www.senecaacademy.orgNTEE Category
Code: B21Z - Education
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