Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.23x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Down$326,054
Down $12,848 (-3.8%) from 2023
Net Assets
Down-$74,880
Down $2,354 (-3.2%) from 2023
Liabilities
Down$400,934
Down $10,494 (-2.6%) from 2023
Revenue And Expenses
Revenue
Down$95,531
Down $1,396 (-1.4%) from 2023
Expenses
Up$97,885
Up $6,111 (+6.7%) from 2023
Net Income
Down-$2,354
Down $7,507 (-146%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Aug 28, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $95,531
Mission and Program Overview
Mission
To provide low income housing
Program Services
| Description | Grants | Expenses |
|---|---|---|
| HOUSING FOR LOW AND MODERATE INCOME FAMILIES - 6 UNITS | $0 | $97,885 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KIMBERLY ARMSTRONG | Treasurer | - | $0 | - | - |
| MICHAEL T CRANNA | President | - | $0 | - | - |
| KAMILAH MCAFEE | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Circle Properties Inc
- EIN
- 54-1149593
- Phone
- 7036423830
- Address
- 2311 HUNTINGTON AVENUE, ALEXANDRIA, VA 22303
Signing Officer
- Name
- Kamilah Mcafee
- Title
- Secretary
- Phone
- 7036423830
- Signed
- 2025-08-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Cohnreznick Advisory LLC
- Address
- 500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
- Preparer
- Damien Nickle
- Phone
- 4107834900
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest. Amount: 1,033.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: management fees. Amount: 4,668. Description: miscellaneous expenses. Amount: 654. Description: insurance expenses. Amount: 259. Description: office expenses. Amount: 894. Description: taxes. Amount: 171. Description: telephone expenses. Amount: 6. Description: audit & tax prep fees. Amount: 2,100. Total to form 990-ez, line 16: 8,752.”
Form 990 Ez, Part I, Line 14
“Taxes 14,625 repairs and maintenance 195 assessments & condo fees 41,828 interest expense 6,931 depreciation & amortization 11,782 property & liability insurance 3,710 other renting expenses 62 ----------------------------------------- occupancy expense total: 79,133”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: net financing fees. Beg. Of year amount: 426. End of year amount: 0. Description: tenant security deposits. Beg. Of year amount: 5,165. End of year amount: 5,167. Description: replacement reserves and escrows. Beg. Of year amount: 30,437. End of year amount: 13,354.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: mortgages and notes payable. Beg. Of year amount: 407,377. End of year amount: 396,947. Description: tenant security deposits. Beg. Of year amount: 4,051. End of year amount: 3,987.”
Raw XML Appendix119 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 10000 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | WESLEY HOUSING DEVELOPMENT CORPORAT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7036423830 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2311 HUNTINGTON AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALEXANDRIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 22303 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4478 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 20492 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2354 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 338902 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 326054 |
| IRS990EZ/GrossReceiptsAmt | 0 | 95531 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1033 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 298396 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 287041 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -72526 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -74880 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -72526 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -74880 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 79133 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.20 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KIMBERLY ARMSTRONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL T CRANNA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KAMILAH MCAFEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 36028 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18521 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8752 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE LOW INCOME HOUSING |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 94498 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | HOUSING FOR LOW AND MODERATE INCOME FAMILIES - 6 UNITS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 97885 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 411428 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 400934 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 97885 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 97885 |
| IRS990EZ/TotalRevenueAmt | 0 | 95531 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 1,033. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: MANAGEMENT FEES. AMOUNT: 4,668. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 654. DESCRIPTION: INSURANCE EXPENSES. AMOUNT: 259. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 894. DESCRIPTION: TAXES. AMOUNT: 171. DESCRIPTION: TELEPHONE EXPENSES. AMOUNT: 6. DESCRIPTION: AUDIT & TAX PREP FEES. AMOUNT: 2,100. TOTAL TO FORM 990-EZ, LINE 16: 8,752. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TAXES 14,625 REPAIRS AND MAINTENANCE 195 ASSESSMENTS & CONDO FEES 41,828 INTEREST EXPENSE 6,931 DEPRECIATION & AMORTIZATION 11,782 PROPERTY & LIABILITY INSURANCE 3,710 OTHER RENTING EXPENSES 62 ----------------------------------------- OCCUPANCY EXPENSE TOTAL: 79,133 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: NET FINANCING FEES. BEG. OF YEAR AMOUNT: 426. END OF YEAR AMOUNT: 0. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 5,165. END OF YEAR AMOUNT: 5,167. DESCRIPTION: REPLACEMENT RESERVES AND ESCROWS. BEG. OF YEAR AMOUNT: 30,437. END OF YEAR AMOUNT: 13,354. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: MORTGAGES AND NOTES PAYABLE. BEG. OF YEAR AMOUNT: 407,377. END OF YEAR AMOUNT: 396,947. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 4,051. END OF YEAR AMOUNT: 3,987. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990 EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KAMILAH MCAFEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7036423830 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CIRCLE PROPERTIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CIRC |
| ReturnHeader/Filer/EIN | 0 | 541149593 |
| ReturnHeader/Filer/PhoneNum | 0 | 7036423830 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2311 HUNTINGTON AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALEXANDRIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 22303 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 333709623 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | COHNREZNICK ADVISORY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 EAST PRATT STREET 4TH FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BALTIMORE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 21202 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4107834900 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAMIEN NICKLE |
| ReturnHeader/ReturnTs | 0 | 2025-09-01T08:07:03-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $326,054
- Liabilities
- $400,934
- Net assets
- -$74,880
- Revenue
- $95,531
- Expenses
- $97,885
- Net income
- -$2,354