Form 990-EZ for tax year 2023

Totals

Total revenue

$106,193

Total expenses

$103,301

Contributions and grants received

$106,193

Grants paid

— not reported

Program service revenue

— not reported

Membership dues (line 3)

— not reported

Investment income (line 4)

— not reported

Gain or loss on sale of assets (line 5c)

— not reported

Gaming and fundraising events, net (line 6d)

— not reported

Gross profit on inventory sales (line 7c)

— not reported

Other revenue (line 8)

— not reported

Total assets, end of year

$10,838

Total liabilities, end of year

— not reported

Net assets or fund balances, end of year

$10,838

Program service expenses (Part III)

$55,721

Program services were 53.9% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

• Circles Cohort #8 training started in May 2023 for 10 financially insecure program participants, Leaders (+8 children). They were matched in August with 20 Allies, to improve their financial stability. Some accomplishments thus far include starting-increasing saving and retirement accounts, increasing credit scores, eliminating $1500 debt, 2 unemployed now have jobs, one trained to become an insurance agent, another completed training to own an evening childcare business. Some have increased salaries, three moved out of Carrollton for better opportunities, two moved into new residences, another received loan approval to purchase a home, others have attended to long-overdue medical conditions.A new full-time Director was hiredEight new Board of Directors were recruited in 2023.Three new Board committees, Finance, Governance and Fund raising, were formed to strengthen the program and to serve as support for staff. The Finance Committee has made payroll changes that save about $1500/year for same services. Changes to QuickBooks detailed accounting will reflect more accurate budget planning. This year's budget will reflect two full time employees, a first time since Circles inception.After a several year hiatus, Circles Fund-raising Committee started planning their successful fund-raiser, the Designer Show House.Circles received the largest single donor gift.

  Expenses $55,721

As filed on the 2023 return.

Listed in Part IV

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990_ez

Tax year

2023

Filed

12 July 2024

IRS schema version

2023v5.1

Source object

202411949349201016

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