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Maryland · Nonprofit

CIRCLE INC

CIRCLE INC (Maryland) receives grants from 4 organizations whose IRS filings report $46,650 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,000). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.6M
Funders on record
4
Grants received
$47k
Net assets
$1.3M
0/4 repeat funderspeak grant-dependency 1%
01What it does

What Circle Inc does

Mission

Seneca academy fosters childrens natural curiosity and ignites a love of learning through a collaborative, inquiry-based program in a dynamic and welcoming community.

As stated on its FY2025 Form 990.

Program

  1. Circle Inc., doing business as seneca academy, provided education for students in pre-school, kindergarten, and elementary through fifth grade. The academys enrollment for the academic year ended june 30, 2025 was 154.

    $1,782,374 spent$2,461,687 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,782,374.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.5M) Expenses 100 ($1.5M) Net assets 100 ($749k)2018 Revenue 101 ($1.5M) Expenses 104 ($1.6M) Net assets 83 ($621k)2019 Revenue 99 ($1.4M) Expenses 104 ($1.6M) Net assets 64 ($482k)2020 Revenue 99 ($1.4M) Expenses 95 ($1.5M) Net assets 63 ($475k)2021 Revenue 110 ($1.6M) Expenses 98 ($1.5M) Net assets 78 ($588k)2022 Revenue 161 ($2.3M) Expenses 124 ($1.9M) Net assets 138 ($1.0M)2023 Revenue 177 ($2.6M) Expenses 139 ($2.1M) Net assets 199 ($1.5M)2024 Revenue 143 ($2.1M) Expenses 149 ($2.3M) Net assets 174 ($1.3M)2025 Revenue 177 ($2.6M) Expenses 166 ($2.5M) Net assets 180 ($1.3M)
'17'18'19'20'21'22'23'24'25
Revenue (177)Expenses (166)Net assets (180)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $4.3M to $5.5M (+27%).

$5.1M
$4.9M
$4.7M
$4.3M
$5.5M
$5.8M
$5.7M
$6.3M
$6.1M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 13% · 2022 12% · 2023 10%. Grants only. Government contracts and fees sit inside program revenue.

3% of CIRCLE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$71k
’17
−$129k
’18
−$138k
’19
−$7k
’20
$112k
’21
$449k
’22
$452k
’23
−$184k
’24
$43k
’25
5.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed15161716151516131
Joined·+2+5+1+3+4+1+3·
No longer listed·1424406·
03Who funds it

Who funds it, year by year

2020 → 2021: the base broadened from 1 funder to 2 funders, grant income fell $20k → $7k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CIRCLE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CIRCLE INC leans on a few funders — its largest provides 43% of grant income and the top three 99%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CIRCLE INC.

43%
largest funder
99%
top three
~3
effective funders

Largest funder’s share by year: 2020 100% · 2021 92% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

99% of CIRCLE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $500 that is directly attributable, 100% of it comes from funders outside Maryland, across 1 state.

VA

Funder states come from each funder’s own filing. $46k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CIRCLE INC is better cushioned than half of the 9,398 education nonprofits its size.

Operating margin2% · below the median
Months of reserve5.6mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like CIRCLE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 29%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for CIRCLE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CIRCLE INC?
CIRCLE INC (Maryland) receives grants from 4 organizations whose IRS filings report $46,650 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,000). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CIRCLE INC have?
IRS filings report 4 organizations giving $46,650 in grants to CIRCLE INC.
Who is the largest funder of CIRCLE INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like CIRCLE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Circle →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing