Overview
What is Tricircle Corporation?
Tricircle Corporation is a nonprofit organization dedicated to aiding young adults grappling with substance abuse. Through their recovery coaching and facilitator programs, they offer essential support to individuals on their path to recovery. Furthermore, Tricircle Corporation organizes events to enhance these efforts, creating a comprehensive network for their mission. Classified under the category of recreation, sports, leisure, and athletics: general organizations, Tricircle Corporation is committed to making a significant impact in the lives of young adults battling substance abuse.
Official website here: www.tricircle.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Tricircle Corporation has earned a Three-Star rating with a score of 81%, indicating a solid overall performance in accountability and finance. The organization boasts a strong program expense ratio of 95.10% and a very low liabilities to assets ratio of 1.95%, reflecting efficient use of funds and financial stability. The charity is also highly rated for its culture and community engagement, achieving 85% in that category, which suggests a strong connection with its constituents.
Notable strengths include a fully independent board with 100% of board members being independent and a perfect score for constituent feedback and its collection and usage. These factors highlight Tricircle's commitment to transparency and responsiveness to the communities it serves. However, there are some weaknesses, particularly in governance practices, where the organization lacks policies for whistleblowing and document retention, and it does not keep minutes of board meetings.
While Tricircle Corporation shows a strong financial foundation and community engagement, the absence of certain governance policies may raise questions about its operational transparency. Addressing these gaps could enhance trust and accountability among stakeholders. Overall, the organization demonstrates a commitment to its mission and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Tricircle Corporation legitimate?
Tricircle Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tricircle Corporation 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: $12,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,687
For more financial information, click here
Official website here: www.tricircle.org
What is the mission statement of Tricircle Corporation?
Tricircle Corporation, classified under recreation, sports, leisure, and athletics: general organizations, is committed to aiding young adults who grapple with substance abuse. The corporation achieves this by providing recovery coaching and facilitator programs, offering an essential support system for these individuals. In addition, Tricircle Corporation hosts events to bolster the efforts of those on the path to recovery. The organization's mission is focused on providing a conducive environment and resources for young adults to overcome their struggles with substance abuse.
Official website here: www.tricircle.org
Who is the CEO of Tricircle Corporation?
Ana Gopoian is the Executive Director of Tricircle Corporation.
Official website here: www.tricircle.org
What is the revenue of Tricircle Corporation?
Tricircle Corporation's revenue in 2022 was $128,958.
Official website here: www.tricircle.org
Who are the executives of Tricircle Corporation and what are their salaries?
The average compensation at Tricircle Corporation during 2022 was $43,437. There is 1 employee at Tricircle Corporation.
Here are 7 key members and their salaries:
- Compensation: $12,750
- Related: $17,780
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tricircle.org
Where can I find the form 990 for Tricircle Corporation?
Tricircle Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tricircle.org
Learn more at the official website: www.tricircle.org
Mission Statement of Tricircle Corporation
Tricircle Corporation, a general recreation, sports, leisure, and athletics organization, is dedicated to supporting young adults grappling with substance abuse. Its mission is twofold: firstly, it provides recovery coaching and facilitator programs to guide individuals on their journey towards sobriety. Secondly, the organization hosts events to offer additional assistance and encouragement. Through these initiatives, Tricircle Corporation aims to make a significant impact in the lives of young adults struggling with substance abuse, helping them overcome their challenges and rebuild their lives.
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Impact
October, 2024
Tricircle Corporation significantly impacts young adults in Meriden, CT, facing the challenges of substance abuse. Through its recovery coaching and facilitator programs, the organization provides essential support that empowers individuals on their path to recovery. Tricircle's initiatives not only focus on one-on-one coaching but also foster community engagement by hosting events that create a supportive environment for recovery. This multifaceted approach encourages connection, resilience, and personal growth among participants, ultimately contributing to healthier lifestyles and a stronger community. By addressing substance abuse through recreation and support, Tricircle Corporation plays a vital role in transforming lives and promoting sustainable recovery pathways.
This information is meant to be a general summary of Tricircle Corporation. 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 2022.
- Program Service Revenue: $40,321
- Gross Receipts: $128,958
Assets and Liabilities:
- Total Assets: $31,244
- Total Liabilities: $561
- Net Assets: $30,683
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLINICAL SERVICES
Revenue
$40,321
Organization Details
Founding Year
2016
Phone
(860) 526-9636Principal Officer
Ana Gopoian
Main Address
169 COLONY ST ROOM 28, MERIDEN, CT, 06451
Website
www.tricircle.orgNTEE Category
Code: P20 - Human services
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