Civic Intelligence

Circle Inc.

990 • Fiscal year 2017 • EIN 52-1316913

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 11, 2017

15601 Germantown RoadDarnestown, MD 20874

(301) 869-3728

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.85x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.99x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

24th percentile

-4.9%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

21st percentile

-3.2%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-8.0%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$5,084,771

Down $166,172 (-3.2%) from 2016

Net Assets

Down

$749,170

Down $71,066 (-8.7%) from 2016

Liabilities

Down

$4,335,601

Down $95,106 (-2.1%) from 2016

Revenue

Down

$1,451,533

Down $126,572 (-8.0%) from 2016

Expenses

Down

$1,522,599

Down $25,271 (-1.6%) from 2016

Net Income

Down

-$71,066

Down $101,301 (-335%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,447,875Liabilities 2011: $3,757,142Net Assets 2011: $690,7332011Assets 2012: $4,353,620Liabilities 2012: $3,632,881Net Assets 2012: $720,7392012Assets 2013: $4,450,629Liabilities 2013: $3,548,253Net Assets 2013: $902,3762013Assets 2014: $4,540,287Liabilities 2014: $3,729,634Net Assets 2014: $810,6532014Assets 2015: $4,689,521Liabilities 2015: $3,899,520Net Assets 2015: $790,0012015Assets 2016: $5,250,943Liabilities 2016: $4,430,707Net Assets 2016: $820,2362016Assets 2017: $5,084,771Liabilities 2017: $4,335,601Net Assets 2017: $749,1702017Assets 2018: $4,869,862Liabilities 2018: $4,249,304Net Assets 2018: $620,5582018Assets 2019: $4,662,381Liabilities 2019: $4,180,195Net Assets 2019: $482,1862019Assets 2020: $4,310,708Liabilities 2020: $3,835,430Net Assets 2020: $475,2782020Assets 2021: $5,477,746Liabilities 2021: $4,889,994Net Assets 2021: $587,7522021Assets 2022: $5,826,664Liabilities 2022: $4,790,261Net Assets 2022: $1,036,4032022Assets 2023: $5,697,496Liabilities 2023: $4,208,641Net Assets 2023: $1,488,8552023Assets 2024: $6,346,095Liabilities 2024: $5,040,882Net Assets 2024: $1,305,2132024

Highlighted filing

2017

Assets$5,084,771
Liabilities$4,335,601
Net Assets$749,170

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,299,635Expenses 2011: $1,304,273Net Income 2011: -$4,6382011Revenue 2012: $1,342,983Expenses 2012: $1,312,977Net Income 2012: $30,0062012Revenue 2013: $1,576,598Expenses 2013: $1,394,961Net Income 2013: $181,6372013Revenue 2014: $1,575,235Expenses 2014: $1,666,958Net Income 2014: -$91,7232014Revenue 2015: $1,479,358Expenses 2015: $1,500,010Net Income 2015: -$20,6522015Revenue 2016: $1,578,105Expenses 2016: $1,547,870Net Income 2016: $30,2352016Revenue 2017: $1,451,533Expenses 2017: $1,522,599Net Income 2017: -$71,0662017Revenue 2018: $1,459,201Expenses 2018: $1,587,813Net Income 2018: -$128,6122018Revenue 2019: $1,443,647Expenses 2019: $1,582,019Net Income 2019: -$138,3722019Revenue 2020: $1,443,280Expenses 2020: $1,450,188Net Income 2020: -$6,9082020Revenue 2021: $1,601,043Expenses 2021: $1,488,569Net Income 2021: $112,4742021Revenue 2022: $2,334,054Expenses 2022: $1,885,403Net Income 2022: $448,6512022Revenue 2023: $2,563,899Expenses 2023: $2,111,447Net Income 2023: $452,4522023Revenue 2024: $2,077,508Expenses 2024: $2,261,150Net Income 2024: -$183,6422024

Highlighted filing

2017

Revenue$1,451,533
Expenses$1,522,599
Net Income-$71,066
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,453,279
Mission and Program Overview

Mission

To provide a nurturing environment

To provide a nurturing environment that meets the intellectual, social, emotional, and physical needs of our students through engaging, challenging inquiry-based education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,724,979$3,695,398▼ $29,581
Cash and Non-Interest-Bearing Accounts$891,046$762,859▼ $128,187
Accounts Receivable$586,047$616,327▲ $30,280
Loans From Officers Directors$108,333$58,333▼ $50,000
Prepaid Expenses and Deferred Charges$11,180$8,166▼ $3,014
Inventories for Sale or Use$2,061$2,021▼ $40
Total Assets$5,215,313$5,084,771▼ $130,542
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,200,016$3,134,069▼ $65,947
Deferred Revenue$1,064,669$1,114,575▲ $49,906
Other Liabilities$14,596$21,646▲ $7,050
Accounts Payable and Accrued Expenses$7,463$6,978▼ $485
Total Liabilities$4,395,077$4,335,601▼ $59,476
Net Assets / Fund Balance
Unrestricted Net Assets$820,236$749,170▼ $71,066
Total Net Assets Fund Balance$820,236$749,170▼ $71,066
Total Liabilities and Net Assets / Fund Balance$5,215,313$5,084,771▼ $130,542

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,393,674$716,916$3,110,590
Land$1,260,000-$1,260,000
Equipment$41,724$127,011$168,735
Other Land Buildings-$44,188$44,188
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michelle ParkerHead of SchoolFT$52,708$1,458$54,166
Pamela TooheyFaculty Trustee-$35,798$1,020$36,818

Board Members and Trustees

NameTitle
Carl TugberkChair
Jennifer SerenyiVice Chair
Jeanne Downey-vanoverTrustee
Jenny WhichardTrustee
John DemarchiTrustee
Kim BairTrustee
Rhonda Anderson-speightTrustee
Shannon RyanTrustee
Tom ScholzTrustee
Ginny McdonaldTrustee Emeritus
Jodi ThurmondTrustee Emeritus
Michael GilliardSecretary
Adam BolterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,169
Program Service Revenue
$1,370,997
Investment Income
$1,367
Other Revenue
$0
All Other Contributions
$58,077
Change in Net Assets
$-71,066

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,453,279
Revenue Not Reported on Financial Statements
$-1,746
Other Revenue Adjustments
$-1,746
Total Revenue per Audited Statements
$1,453,279
Total Revenue per Form 990
$1,451,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$975,326
Other Expenses$547,273
Total Fundraising Expense$3,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$564,421$218,321$1,176$783,918
Interest$132,720$51,613$0$184,333
Current Officers, Directors, Trustees, and Key Employees$72,000$27,850$150$100,000
Depreciation Depletion$65,280$25,258$129$90,667
Payroll Taxes$49,885$19,296$104$69,285
Occupancy$26,523$10,259$55$36,837
All Other Expenses$18,005$13,398$1,138$32,541
Fees for Services Other$27,463$1,294$0$28,757
Insurance$17,917$6,968$0$24,885
Other Employee Benefits$15,929$5,973$221$22,123
Other Expenses$0$12,000$0$12,000
Fees for Services Accounting$0$7,900$0$7,900
Advertising$0$7,651$0$7,651
Travel$2,562$0$0$2,562
Conferences and Meetings$154$0$0$154
Total Functional Expenses$1,083,813$435,768$3,018$1,522,599

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,524,345
Expenses per Audited Statements$1,522,599
Total Expenses per Form 990$1,522,599
Expenses Not Reported on Form 990$1,746
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,746
Fundraising Gross Income$1,746
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tara ScholzSpouse of Board MemberSalaryNo$45,086

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$108,333$58,333▼ $50,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease$21,546
Deposit$100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Circle Inc
EIN
52-1316913
Phone
3018693728
Address
15601 GERMANTOWN ROAD, DARNESTOWN, MD 20874

Signing Officer

Name
Carl Tugberk
Title
Chair
Phone
3018693728
Signed
2017-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carl Tugberk
Formed
1984
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
10
Employees
50
Volunteers
75

Preparer

Firm
Anderson Davis & Associates CPA Pa
Address
1406 B SOUTH CRAIN HWY STE 204, GLEN BURNIE, MD 21061-4099
Preparer
Benjamin M Yust CPA
Phone
4107662645
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The chairperson circulates copies of the form 990 to all officers and directors for their review and comment. All comments are addressed prior to submission of form 990 to the irs.

Pt VI, Line 12C

Each year, all officers and trustees are required to read the conflict of interest policy and attest in writing to their compliance.

Pt VI, Line 15A

The compensation of officers, directors and key employees is reviewed annually by all officers and trustees. The review and approval process consists of an evaluation of each individual's performance, as well as consideration of available data on the compensation of personnel with similar organizations in the geographic area.

Pt VI, Line 15B

The compensation of officers, directors and key employees is reviewed annually by all officers and trustees. The review and approval process consists of an evaluation of each individual's performance, as well as consideration of available data on the compensation of personnel with similar organizations in the geographic area.

Pt VI, Line 19

The school makes all documents available upon request.

Form 990, Part IX, Line 24E

Awards and grants 120. 120. 0. 0.

Form 990, Part IX, Line 24E

Bad debt 1856. 0. 1856. 0.

Form 990, Part IX, Line 24E

Bank fees 5477. 0. 5477. 0.

Form 990, Part IX, Line 24E

Fundraising 191. 0. 0. 191.

Form 990, Part IX, Line 24E

Licensing and fees 1193. 0. 1193. 0.

Form 990, Part IX, Line 24E

Miscellaneous 2508. 0. 2508. 0.

Form 990, Part IX, Line 24E

POSTAGE 301. 0. 301. 0.

Form 990, Part IX, Line 24E

Taxes, other 1570. 1570. 0. 0.

Form 990, Part IX, Line 24E

Telephone 1963. 1413. 550. 0.

Form 990, Part IX, Line 24E

Training 1950. 1950. 0. 0.

Form 990, Part IX, Line 24E

Supplies, food 3633. 3633. 0. 0.

Form 990, Part IX, Line 24E

Supplies, other 2751. 1238. 1513. 0.

Form 990, Part IX, Line 24E

Parent committee 9028. 8081. 0. 947.

Financial Statement Notes

Pt X, Line 2

The school adopted the recommendations of the financial accounting standards board (fasb) in its accounting standards codification (asc) for accounting of uncertainty in income taxes without any material effect to the financial statements. These recommendations clarify the accounting for uncertainty in income taxes by prescribing the recognition threshold a tax position is required to meet before being recognized in the financial statements. They also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The school has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. The school believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the school's financial condition, results of operations or cash flows. Accordingly, the school has not recorded any reserves, or related accruals for interest and penalties for uncertain tax positions at june 30, 2017. With few exceptions, the school is no longer subject to u.s. Federal, state or local tax examinations by tax authorities for years beginning before july 1, 2013.

Pt XI, Line 4B

Fundraising expenses netted with revenue on form 990.

Pt XII, Line 2D

Fundraising expenses netted with revenue on form 990.

Pt II, Line 9

There is no revenue or expense to report for the current year. Circle, inc. Is required to maintain it in its natural habitat.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1452708
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11FACULTY TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE EMERITUS
IRS990/Form990PartVIISectionAGrp/TitleTxt14HEAD OF SCHOOL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
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IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt09092
IRS990/FundraisingDirectExpensesAmt01746
IRS990/FundraisingGrossIncomeAmt01746
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01453279
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06968
IRS990/InsuranceGrp/ProgramServicesAmt017917
IRS990/InsuranceGrp/TotalAmt024885
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt051613
IRS990/InterestGrp/ProgramServicesAmt0132720
IRS990/InterestGrp/TotalAmt0184333
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02061
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02021
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01367
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IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0888115
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03724979
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03695398
IRS990/LandBldgEquipCostOrOtherBssAmt04583513
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0108333
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt058333
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt012000
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE A NURTURING ENVIRONMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03200016
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03134069
IRS990/NetAssetsOrFundBalancesBOYAmt0820236
IRS990/NetAssetsOrFundBalancesEOYAmt0749170
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt055
IRS990/OccupancyGrp/ManagementAndGeneralAmt010259
IRS990/OccupancyGrp/ProgramServicesAmt026523
IRS990/OccupancyGrp/TotalAmt036837
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0221
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05973
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015929
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022123
IRS990/OtherExpensesGrp/Desc0AFTERSCHOOL
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES, EDUCATIONAL
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt145
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127987
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt312000
IRS990/OtherExpensesGrp/ProgramServicesAmt055124
IRS990/OtherExpensesGrp/ProgramServicesAmt121452
IRS990/OtherExpensesGrp/ProgramServicesAmt214378
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt055124
IRS990/OtherExpensesGrp/TotalAmt149484
IRS990/OtherExpensesGrp/TotalAmt214378
IRS990/OtherExpensesGrp/TotalAmt312000
IRS990/OtherLiabilitiesGrp/BOYAmt014596
IRS990/OtherLiabilitiesGrp/EOYAmt021646
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01176
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0218321
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0564421
IRS990/OtherSalariesAndWagesGrp/TotalAmt0783918
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0104
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019296
IRS990/PayrollTaxesGrp/ProgramServicesAmt049885
IRS990/PayrollTaxesGrp/TotalAmt069285
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08166
IRS990/PrincipalOfficerNm0CARL TUGBERK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION SERVICES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01370997
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt078112
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01459
IRS990/PYOtherExpensesAmt0635881
IRS990/PYOtherRevenueAmt0-4583
IRS990/PYProgramServiceRevenueAmt01503117
IRS990/PYRevenuesLessExpensesAmt030235
IRS990/PYSalariesCompEmpBnftPaidAmt0911989
IRS990/PYTotalExpensesAmt01547870
IRS990/PYTotalRevenueAmt01578105
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-71066
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01370997
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02393674
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0716916
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03110590
IRS990ScheduleD/EquipmentGrp/BookValueAmt041724
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127011
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0168735
IRS990ScheduleD/ExpensesNotReportedAmt01746
IRS990ScheduleD/ExpensesSubtotalAmt01522599
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01260000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01260000
IRS990ScheduleD/ModifiedEasementsCnt00
IRS990ScheduleD/OtherExpensesIncludedAmt01746
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044188
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044188
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121546
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-1746
IRS990ScheduleD/ProtectionNaturalHabitatInd0X
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-1746
IRS990ScheduleD/RevenueSubtotalAmt01453279
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/StaffHoursSpentEnforcementCnt00
IRS990ScheduleD/StatesEasementsHeldCnt01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL ADOPTED THE RECOMMENDATIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) IN ITS ACCOUNTING STANDARDS CODIFICATION (ASC) FOR ACCOUNTING OF UNCERTAINTY IN INCOME TAXES WITHOUT ANY MATERIAL EFFECT TO THE FINANCIAL STATEMENTS. THESE RECOMMENDATIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THEY ALSO PROVIDE GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE SCHOOL HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE SCHOOL BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE SCHOOL'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE SCHOOL HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2017. WITH FEW EXCEPTIONS, THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEGINNING BEFORE JULY 1, 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES NETTED WITH REVENUE ON FORM 990.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3THERE IS NO REVENUE OR EXPENSE TO REPORT FOR THE CURRENT YEAR. CIRCLE, INC. IS REQUIRED TO MAINTAIN IT IN ITS NATURAL HABITAT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt II, Line 9
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03695398
IRS990ScheduleD/TotalExpensesPerForm990Amt01522599
IRS990ScheduleD/TotalLiabilityAmt021646
IRS990ScheduleD/TotalRevenuePerForm990Amt01451533
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01453279
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01524345
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.35$5.04$1.31$2.08$2.26$0.18
2023Detailed filing. Detailed filing data is available for this year.$5.70$4.21$1.49$2.56$2.11$0.45
2022Detailed filing. Detailed filing data is available for this year.$5.83$4.79$1.04$2.33$1.89$0.45
2021Detailed filing. Detailed filing data is available for this year.$5.48$4.89$0.59$1.60$1.49$0.11
2020Detailed filing. Detailed filing data is available for this year.$4.31$3.84$0.48$1.44$1.45$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.66$4.18$0.48$1.44$1.58$0.14
2018Detailed filing. Detailed filing data is available for this year.$4.87$4.25$0.62$1.46$1.59$0.13
2017Detailed filing. Detailed filing data is available for this year.$5.08$4.34$0.75$1.45$1.52$0.07
2016Detailed filing. Detailed filing data is available for this year.$5.25$4.43$0.82$1.58$1.55$0.03
2015Summary only. Only limited summary data is available for this year.$4.69$3.90$0.79$1.48$1.50$0.02
2014Summary only. Only limited summary data is available for this year.$4.54$3.73$0.81$1.58$1.67$0.09
2013Summary only. Only limited summary data is available for this year.$4.45$3.55$0.90$1.58$1.39$0.18
2012Summary only. Only limited summary data is available for this year.$4.35$3.63$0.72$1.34$1.31$0.03
2011Summary only. Only limited summary data is available for this year.$4.45$3.76$0.69$1.30$1.30$0.00