Civic Intelligence

Circle Haven Inc.

990 • Fiscal year 2020 • EIN 82-4065998

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 10, 2021

675 Morris AvenueSpringfield, NJ 07081

(201) 787-7366

Siviq Scores

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

Liabilities / Assets

74th percentile

0.20x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

0.38x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE P80 • <$500k nonprofits • Source year 2020

Asset Growth

85th percentile

105%

Faster asset growth than 85% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

76%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • NTEE P80 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$183,675

Up $94,182 (+105%) from 2019

Net Assets

Up

$146,204

Up $94,913 (+185%) from 2019

Liabilities

Down

$37,471

Down $731 (-1.9%) from 2019

Revenue

Up

$98,115

Up $42,358 (+76%) from 2019

Expenses

Down

$3,202

Down $1,264 (-28%) from 2019

Net Income

Up

$94,913

Up $43,622 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $89,493Liabilities 2019: $38,202Net Assets 2019: $51,2912019Assets 2020: $183,675Liabilities 2020: $37,471Net Assets 2020: $146,2042020Assets 2021: $276,149Liabilities 2021: $35,377Net Assets 2021: $240,7722021Assets 2022: $102,099Liabilities 2022: $26,101Net Assets 2022: $75,9982022Assets 2023: $213,799Liabilities 2023: $23,596Net Assets 2023: $190,2032023Assets 2024: $120,251Liabilities 2024: $28,976Net Assets 2024: $91,2752024

Highlighted filing

2020

Assets$183,675
Liabilities$37,471
Net Assets$146,204

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $55,757Expenses 2019: $4,466Net Income 2019: $51,2912019Revenue 2020: $98,115Expenses 2020: $3,202Net Income 2020: $94,9132020Revenue 2021: $99,025Expenses 2021: $4,457Net Income 2021: $94,5682021Revenue 2022: $92,433Expenses 2022: $257,207Net Income 2022: -$164,7742022Revenue 2023: $177,593Expenses 2023: $63,388Net Income 2023: $114,2052023Revenue 2024: $290,832Expenses 2024: $417,195Net Income 2024: -$126,3632024

Highlighted filing

2020

Revenue$98,115
Expenses$3,202
Net Income$94,913
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 10, 2021
Return Version
2020v4.0
Gross Receipts
$98,115
Mission and Program Overview

Mission

Circle haven a community based organization dedicated to ensuring access to the highest quality of services and support for individuals with developmental disabilities. It is committed to customized, person centered support models for individuals with disabilities regardless of their level of disability. It will implement programming designed and overseen by outstanding clinicians and will develop support models that will be sustainable in the long term.

Circle haven a community based organization dedicated to ensuring access to the highest qualifty of services and supports for individuals with developmental disabilites. It is committed to customized, person centered support models for individuals with disabilites regardless of their level of disability. It will implement programming designed and overseen by outstanding clincians and will develop support models that will be sustainable in the long term.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$78,819$173,255▲ $94,436
Cash and Non-Interest-Bearing Accounts$10,674$10,420▼ $254
Total Assets$89,493$183,675▲ $94,182
Liabilities
Accounts Payable and Accrued Expenses$38,202$37,471▼ $731
Total Liabilities$38,202$37,471▼ $731
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$51,291$146,204▲ $94,913
Total Net Assets Fund Balance$51,291$146,204▲ $94,913
Total Liabilities and Net Assets / Fund Balance$89,493$183,675▲ $94,182
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurie RomanowichPresident
Lanny EdelsohnBoard Memebe
Lisa Mccauley Parles EsqBoard Memebe
Patricia SwansonSecretary
Nina WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,115
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$98,115
Change in Net Assets
$94,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,202
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,340-$2,340
Advertising-$724-$724
Other Expenses-$93-$93
Office Expenses-$45-$45
Total Functional Expenses$0$3,202$0$3,202
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization may have members, but said members shall not have voting rights. Memebership shall be open to all persons interested in the entity's purpose. The board may establish such criteria for membership, such as a schedule of dues. Members may attend any open meeting held pursuant to the bylaws.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 will be provided to the treasure for inital review and then sent to the governing board for their review and approval before filing with the irs.

Form 990, Page 6, Part VI, Line 12C

If the board of trustees or committee has reasonable cause to believe a trustee or committee member has failed to disclose an actual or possible conflict of interest, it shall inform such personal and afford such pesonal an opportunity to explain the alleged failure to disclose. If the board of trustees or committee determines that this person has knowingly failed to disclose an actual or possible conflict of interst, it shall take appropriate disciplinary and corrective action. Each trustee, principal officer and member of a committee shall annually sign a statment regarding the organizaiton's conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Records of annual reports and determination letters will be made available upon request via an e mail, telephone call or web site.

Filing and Contact Details

Filer

Filer Name
Circle Haven Inc
EIN
82-4065998
Phone
2017877366
Address
675 MORRIS AVENUE, SPRINGFIELD, NJ 07081

Signing Officer

Name
Nina White
Title
Treasurer
Phone
2017877366
Signed
2021-06-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurie Romanowich
Formed
2018
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
De Meola Zawacki Mingione & Co LLC
Address
33 SICOMAC ROAD STE 301, NORTH HALEDON, NJ 07508
Preparer
Charles De Meola CPA
Phone
9732219990
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Circle haven a community based organization dedicated to ensuring access to the highest qualifty of services and supports for individuals with developmental disabilites. It is committed to customized, person centered support models for individuals with disabilites regardless of their level of disability. It will implement programming designed and overseen by outstanding clincians and will develop support models that will be sustainable in the long term.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CIRCLE HAVEN A COMMUNITY BASED ORGANIZATION DEDICATED TO ENSURING ACCESS TO THE HIGHEST QUALIFTY OF SERVICES AND SUPPORTS FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITES. IT IS COMMITTED TO CUSTOMIZED, PERSON CENTERED SUPPORT MODELS FOR INDIVIDUALS WITH DISABILITES REGARDLESS OF THEIR LEVEL OF DISABILITY. IT WILL IMPLEMENT PROGRAMMING DESIGNED AND OVERSEEN BY OUTSTANDING CLINCIANS AND WILL DEVELOP SUPPORT MODELS THAT WILL BE SUSTAINABLE IN THE LONG TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAY HAVE MEMBERS, BUT SAID MEMBERS SHALL NOT HAVE VOTING RIGHTS. MEMEBERSHIP SHALL BE OPEN TO ALL PERSONS INTERESTED IN THE ENTITY'S PURPOSE. THE BOARD MAY ESTABLISH SUCH CRITERIA FOR MEMBERSHIP, SUCH AS A SCHEDULE OF DUES. MEMBERS MAY ATTEND ANY OPEN MEETING HELD PURSUANT TO THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 WILL BE PROVIDED TO THE TREASURE FOR INITAL REVIEW AND THEN SENT TO THE GOVERNING BOARD FOR THEIR REVIEW AND APPROVAL BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IF THE BOARD OF TRUSTEES OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A TRUSTEE OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM SUCH PERSONAL AND AFFORD SUCH PESONAL AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF THE BOARD OF TRUSTEES OR COMMITTEE DETERMINES THAT THIS PERSON HAS KNOWINGLY FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTERST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE SHALL ANNUALLY SIGN A STATMENT REGARDING THE ORGANIZAITON'S CONFLICT OF INTEREST POLICY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DE MEOLA ZAWACKI MINGIONE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt033 SICOMAC ROAD STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH HALEDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007508
ReturnHeader/PreparerPersonGrp/PhoneNum09732219990
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES DE MEOLA CPA
ReturnHeader/ReturnTs02021-06-29T15:14:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WHITE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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