Civic Intelligence

Circular Drive Initiative

990EZ • Fiscal year 2025 • EIN 92-0379621

Jan 01, 2025 to Dec 31, 2025

Organization ProfileCIRCULARDRIVES.ORG
611 Gateway Boulevard 120San Francisco, CA 94080-7066

(628) 222-5925

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

97th percentile

53%

Higher net margin than 97% of similar nonprofits.

2025 filings • 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.

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

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

57th percentile

4.5%

Faster revenue growth than 57% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$164,090

Up $37,259 (+29%) from 2024

Net Assets

Up

$164,065

Up $37,259 (+29%) from 2024

Liabilities

Flat

$25

Flat from 2024

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin97th percentile

Revenue

Up

$69,813

Up $3,003 (+4.5%) from 2024

Expenses

Up

$32,554

Up $9,971 (+44%) from 2024

Net Income

Down

$37,259

Down $6,968 (-16%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$200K$150K$100K$50K$0Assets 2023: $82,604Liabilities 2023: $25Net Assets 2023: $82,5792023Assets 2024: $126,831Liabilities 2024: $25Net Assets 2024: $126,8062024Assets 2025: $164,090Liabilities 2025: $25Net Assets 2025: $164,0652025

Highlighted filing

2025

Assets$164,090
Liabilities$25
Net Assets$164,065
Open 2025 Filing

Operations Trend

Revenue Growth57th percentile

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

$100K$50K$0Revenue 2023: $82,579Expenses 2023: $0Net Income 2023: $82,5792023Revenue 2024: $66,810Expenses 2024: $22,583Net Income 2024: $44,2272024Revenue 2025: $69,813Expenses 2025: $32,554Net Income 2025: $37,2592025

Highlighted filing

2025

Revenue$69,813
Expenses$32,554
Net Income$37,259
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 13, 2026
Return Version
2025v4.0
Gross Receipts
$69,813
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
RAISE 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 HANDSPresident, Treasurer, SecretaryPT$0--
RICHARD KENNYDirector-$0--
BALAN SHANMUGANATHANDirector-$0--
VISHAL KAPOORDirector-$0--
PARKER DEARDORFFDirector-$0--
WILLIAM MCDONOUGHAdvisor-$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
2026-03-13
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: 13.”

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

“Description: office supplies & software. Amount: 1,775. Description: bank fees. Amount: 106. Description: subscriptions. Amount: 308. Description: outside contractors. Amount: 26,490. Total to form 990-ez, line 16: 28,679.”

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 Appendix126 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JONMICHAEL HANDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD KENNY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BALAN SHANMUGANATHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VISHAL KAPOOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PARKER DEARDORFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5WILLIAM MCDONOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, TREASURER, SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd00
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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/DescriptionProgramSrvcAccomTxt0RAISE AWARENESS OF NEED FOR CIRCULARITY IN THE DATA STORAGE MARKET THROUGH WEBSITE, BLOG AND PRESENTATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt032554
IRS990EZ/TotalRevenueAmt069813
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CIRCULARDRIVES.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE SUPPLIES & SOFTWARE. AMOUNT: 1,775. DESCRIPTION: BANK FEES. AMOUNT: 106. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 308. DESCRIPTION: OUTSIDE CONTRACTORS. AMOUNT: 26,490. TOTAL TO FORM 990-EZ, LINE 16: 28,679.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYABLE TO OFFICER. BEG. OF YEAR AMOUNT: 25. END OF YEAR AMOUNT: 25.
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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/SignatureDt02026-03-13
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/PreparerFirmGrp/PreparerFirmEIN0272894302
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PALMERI TAX & ACCOUNTING SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018642 E CAVENDISH DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CASTRO VALLEY
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ReturnHeader/PreparerPersonGrp/PhoneNum05103292828
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-13
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02026-03-23T11:31:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,090
Liabilities
$25
Net assets
$164,065
Revenue
$69,813
Expenses
$32,554
Net income
$37,259
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.70$0.33$0.37
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