Civic Intelligence

Circular Drive Initiative

EIN 92-0379621 • 501(c)6 • San Francisco, CA

Profile

Making the storage market more sustainable by developing and promoting standards, reporting, and best practices around circularity resulting in the reduction of e-waste.

611 Gateway Boulevard 120San Francisco, CA 94080-7066

circulardrives.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.00x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

96th percentile

53%

Higher net margin than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

4.5%

Faster revenue growth than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$126,831

Up $44,227 (+54%) from 2023

Liabilities

Flat

$25

Flat from 2023

Net Assets

Up

$126,806

Up $44,227 (+54%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin96th percentile

Revenue

Down

$66,810

Down $15,769 (-19%) from 2023

Expenses

Up

$22,583

Up $22,583 from 2023

Net Income

Down

$44,227

Down $38,352 (-46%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2023: $82,604Liabilities 2023: $25Net Assets 2023: $82,5792023Assets 2024: $126,831Liabilities 2024: $25Net Assets 2024: $126,8062024

Highlighted filing

2024

Assets$126,831
Liabilities$25
Net Assets$126,806
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2023: $82,579Expenses 2023: $0Net Income 2023: $82,5792023Revenue 2024: $66,810Expenses 2024: $22,583Net Income 2024: $44,2272024

Highlighted filing

2024

Revenue$66,810
Expenses$22,583
Net Income$44,227
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$126,831
Liabilities
$25
Net assets
$126,806
Revenue
$66,810
Expenses
$22,583
Net income
$44,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.67$0.23$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.83$0.00$0.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 16, 2025
Return Version
2024v5.2
Gross Receipts
$66,810
Mission and Program Overview

Mission

Making the storage market more sustainable by developing and promoting standards, reporting, and best practices around circularity resulting in the reduction of e-waste.

Program Services

DescriptionGrantsExpenses
RAISED AWARENESS OF NEED FOR CIRCULARITY IN THE DATA STORAGE MARKET THROUGH WEBSITE, BLOG AND PRESENTATIONS.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JONMICHAEL HANDSSecretary & TreasurerPT$0--
MARSHALL CHASEDirector-$0--
BALAN SHANMUGANATHANDirector-$0--
VISHAL KAPOORDirector-$0--
Filing and Contact Details

Filer

Filer Name
Circular Drive Initiative
EIN
92-0379621
Phone
6282225925
Address
611 GATEWAY BOULEVARD 120, SAN FRANCISCO, CA 94080-7066

Signing Officer

Name
Jonmichael Hands
Title
Secretary & Treasurer
Phone
6282225925
Signed
2025-10-16
Discuss with paid preparer
Yes

Preparer

Firm
Palmeri Tax & Accounting Services
Address
18642 E CAVENDISH DRIVE, CASTRO VALLEY, CA 94552-1719
Phone
5103292828
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest. Amount: 10.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: advertising & marketing. Amount: 1,850. Description: bank fees. Amount: 265. Description: subscriptions. Amount: 447. Description: travel. Amount: 4,271. Total to form 990-ez, line 16: 6,833.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: payable to officer. Beg. Of year amount: 25. End of year amount: 25.”

Raw XML Appendix114 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANN SIDES
IRS990EZ/BooksInCareOfDetail/PhoneNum09192441634
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JONMICHAEL HANDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARSHALL CHASE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BALAN SHANMUGANATHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VISHAL KAPOOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06833
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0MAKING THE STORAGE MARKET MORE SUSTAINABLE BY DEVELOPING AND PROMOTING STANDARDS, REPORTING, AND BEST PRACTICES AROUND CIRCULARITY RESULTING IN THE REDUCTION OF E-WASTE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISED AWARENESS OF NEED FOR CIRCULARITY IN THE DATA STORAGE MARKET THROUGH WEBSITE, BLOG AND PRESENTATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt025
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt022583
IRS990EZ/TotalRevenueAmt066810
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CIRCULARDRIVES.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 1,850. DESCRIPTION: BANK FEES. AMOUNT: 265. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 447. DESCRIPTION: TRAVEL. AMOUNT: 4,271. TOTAL TO FORM 990-EZ, LINE 16: 6,833.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYABLE TO OFFICER. BEG. OF YEAR AMOUNT: 25. END OF YEAR AMOUNT: 25.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JONMICHAEL HANDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06282225925
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CIRCULAR DRIVE INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0CIRC
ReturnHeader/Filer/EIN0920379621
ReturnHeader/Filer/PhoneNum06282225925
ReturnHeader/Filer/USAddress/AddressLine1Txt0611 GATEWAY BOULEVARD 120
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0940807066
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018642 E CAVENDISH DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CASTRO VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0945521719
ReturnHeader/PreparerPersonGrp/PhoneNum05103292828
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-16
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-20T09:53:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits