Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Circular Drive Initiative
990EZ • Fiscal year 2023 • EIN 92-0379621
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
46th percentile
Higher debt load relative to revenue than 46% of similar nonprofits.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$82,604
No earlier filing loaded for comparison.
Net Assets
$82,579
No earlier filing loaded for comparison.
Liabilities
$25
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$82,579
No earlier filing loaded for comparison.
Expenses
$0
No earlier filing loaded for comparison.
Net Income
$82,579
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 16, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $82,579
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
| Description | Grants | Expenses |
|---|---|---|
| RAISED AWARENESS OF NEED FOR CIRCULARITY IN THE DATA STORAGE MARKET THROUGH WEBSITE, BLOG AND PRESENTATIONS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JONMICHAEL HANDS | Secretary & Treasurer | PT | $0 | - | - |
| MARSHALL CHASE | Director | - | $0 | - | - |
| BALAN SHANMUGANATHAN | Director | - | $0 | - | - |
| VISHAL KAPOOR | Director | - | $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: 27.”
Form 990-ez, Part I and Part II
“This amended return is filed due to bookkeeping error discovered when preparing the 2024 return of organization exempt from income tax. The following are the parts and line items being amended: form 990-ez: line l understated total gross receipt. The correct amount is $82,579. Part 1: line 3 understated dues received. The correct amount is $82,552. Line 4 understated investment income. The correct amount is $27. Line 21 understated net assets for fund balance at end of year. The correct amount is $82,579. Part ii: line 22 understated beginning and end of year cash. The correct amounts are $25,025 and $82,604, respectively. Line 26 understated beginning and end of year total liabilities. Correct amounts are $25,025 and $25, respectively. Line 27 understated end of year net assets for fund balance. The correct amunt is $82,579.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: dues payable. Beg. Of year amount: 25,000. End of year amount: 0. 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JONMICHAEL HANDS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9708465402 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 636 SILO ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FOLSOM |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 95630 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25025 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 82604 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 82579 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25025 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 82604 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82579 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 27 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 82552 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 82579 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 82579 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JONMICHAEL HANDS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MARSHALL CHASE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BALAN SHANMUGANATHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | VISHAL KAPOOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY & TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | MAKING 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/DescriptionProgramSrvcAccomTxt | 0 | RAISED AWARENESS OF NEED FOR CIRCULARITY IN THE DATA STORAGE MARKET THROUGH WEBSITE, BLOG AND PRESENTATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 25025 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 25 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 82579 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | CIRCULARDRIVES.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 27. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THIS AMENDED RETURN IS FILED DUE TO BOOKKEEPING ERROR DISCOVERED WHEN PREPARING THE 2024 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE FOLLOWING ARE THE PARTS AND LINE ITEMS BEING AMENDED: FORM 990-EZ: LINE L UNDERSTATED TOTAL GROSS RECEIPT. THE CORRECT AMOUNT IS $82,579. PART 1: LINE 3 UNDERSTATED DUES RECEIVED. THE CORRECT AMOUNT IS $82,552. LINE 4 UNDERSTATED INVESTMENT INCOME. THE CORRECT AMOUNT IS $27. LINE 21 UNDERSTATED NET ASSETS FOR FUND BALANCE AT END OF YEAR. THE CORRECT AMOUNT IS $82,579. PART II: LINE 22 UNDERSTATED BEGINNING AND END OF YEAR CASH. THE CORRECT AMOUNTS ARE $25,025 AND $82,604, RESPECTIVELY. LINE 26 UNDERSTATED BEGINNING AND END OF YEAR TOTAL LIABILITIES. CORRECT AMOUNTS ARE $25,025 AND $25, RESPECTIVELY. LINE 27 UNDERSTATED END OF YEAR NET ASSETS FOR FUND BALANCE. THE CORRECT AMUNT IS $82,579. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DUES PAYABLE. BEG. OF YEAR AMOUNT: 25,000. END OF YEAR AMOUNT: 0. DESCRIPTION: PAYABLE TO OFFICER. BEG. OF YEAR AMOUNT: 25. END OF YEAR AMOUNT: 25. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I AND PART II |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | 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 | JONMICHAEL HANDS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY & TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6282225925 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CIRCULAR DRIVE INITIATIVE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CIRC |
| ReturnHeader/Filer/EIN | 0 | 920379621 |
| ReturnHeader/Filer/PhoneNum | 0 | 6282225925 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 611 GATEWAY BOULEVARD 120 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAN FRANCISCO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 940807066 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 272894302 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PALMERI TAX & ACCOUNTING SERVICES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 18642 E CAVENDISH DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CASTRO VALLEY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 945521719 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5103292828 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-16 |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-10-20T09:52:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $82,604
- Liabilities
- $25
- Net assets
- $82,579
- Revenue
- $82,579
- Expenses
- $0
- Net income
- $82,579