2026-07-27T15:00:28-05:00 2025-12-31 871353108 EISNER ADVISORY GROUP LLC 111 WOOD AVENUE SOUTH ISELIN NJ 088302700 990 2025-01-01 834505154 CIRCULATE INITIATIVE INC CIRC 6467831943 60 EAST 42ND STREET 3130 NEW YORK NY 10165 MICHAEL SADOWSKI EXECUTIVE DIRECTOR 6467831943 2026-07-23 1 GINA RACHEL P01216293 7322437000 2025 2025-03-06 01:10:19Z MICHAEL SADOWSKI 60 E 42ND ST 3130 NEW YORK NY 10165 2080137 0 X WWW.THECIRCULATEINITIATIVE.ORG X 2018 DE THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN EMERGING MARKETS IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES. 5 3 0 4 0 0 1738577 1711987 200445 344408 35055 17691 0 0 1974077 2074086 274267 106476 0 0 311357 345191 0 0 17541 1924853 2061099 2510477 2512766 -536400 -438680 3322495 4423831 2055079 3595095 1267416 828736 X THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN EMERGING MARKETS IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES. 0 0 2298122 106476 END PLASTIC POLLUTION WHILE BUILDING CIRCULAR EQUITABLE ECONOMIES: PROVIDE DECISION MAKERS, INVESTORS, AND BUSINESSES WITH THE KNOWLEDGE, INSPIRATION, NETWORKS AND RESOURCES TO DEVELOP AND SUPPORT PROGRAMS THAT INCENTIVIZE PLASTIC WASTE REDUCTION AND ENABLE INCLUSIVE CIRCULAR ECONOMIES. 2298122 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE X X PORTCULLIS FAMILY OFFICE PTE LTD ATTN JOSEPHINE NG 6564960445 16 RAFFLES QUAY 19-01 HONG LENG SINGAPORE SN 048581 ROBERT KAPLAN BOARD MEMBER/TREASURER 1.00 X X 0 0 0 MICHAEL SADOWSKI EXEC DIRECTOR AND BOARD MEMBER 16.00 X X 162950 0 0 HEATHER CANON BOARD MEMBER 1.00 X 0 0 0 CHEVER VOLTMER BOARD MEMBER/SECRETARY 1.00 X X 0 0 0 KAVITA PRAKASH-MANI BOARD MEMBER 1.00 X 0 0 0 KHUNAPONG KHUNARAKSA SR. 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AND IS THEREFORE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(A) OF THE I.R.C. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. ALL REQUIRED TAX RETURNS HAVE BEEN FILED. THE ORGANIZATION ADHERES TO FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE AND CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. ACCORDINGLY, MANAGEMENT HAS DETERMINED THAT FOR THE YEAR ENDED DECEMBER 31, 2025 AND 2024, THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. ANNUALLY THE ORGANIZATION FILES AN INFORMATIONAL TAX RETURN WITH THE INTERNAL REVENUE SERVICE. SINCE THEY DO NOT OTHERWISE DIRECTLY SOLICIT FOR DONATIONS, MANAGEMENT IS EVALUATING REGISTRATION AS A CHARITY IN SPECIFIC STATES WHERE GRANT APPLICATIONS HAVE BEEN FILED AND FUNDING FROM THESE DONORS HAS BEEN COLLECTED. THE ORGANIZATION IS GENERALLY SUBJECT TO TAX EXAMINATIONS FOR THREE YEARS AFTER ITS LATEST FILING. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 PROGRAM SERVICES OPERATION AND STRATEGY 61661 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, PROGRAM SERVICES OPERATION AND STRATEGY 28715 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES OPERATION AND STRATEGY 15000 0 1 0 0 0 1 105376 0 105376 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, FOR THE IMPLEMENTATION OF ACCELERATE CIRCULAR ECONOMY FOR BUSINESS IN VIETNAM 12750 TRANSFER 0 BOOK EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, LEAD THE IMPLEMENTATION OF THE RESPONSIBLE SOURCING INITIATIVE INDONESIA PROJECT IN AMANDINA'S SUPPLY CHAIN 61661 TRANSFER 0 BOOK EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT THE INTERNATIONAL ALLIANCE OF WASTE PICKERS TO ORGANISE A REGIONAL GATHERING OF WASTE PICKER LEADERS IN AFRICA AND PROVIDE LEADERSHIP CAPACITY BUIDING SUPPORT AND INTRODUCE RESPONSIBLE SOURCING INITITIATIVE'S EFFORTS IN AFRICA 15000 TRANSFER 0 BOOK SOUTH ASIA SUPPORT THE IMPLEMENTATION OF THE RESPONSIBLE SOURCING INITIATIVE INDIA PROJECTS : BUILD CAPACITIES OF WASTE PICKERS/WORKERS AS STAKEHOLDERS IN WASTE MANAGEMENT AND ENVIRONMENTAL SUSTAINABILITY 15965 TRANSFER 0 BOOK 4 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION HAS CONTACT WITH INDIVIDUALS FROM THE FOREIGN ORGANIZATIONS AND RECEIVES WRITTEN UPDATES. PART I, LINE 3: ACCRUAL X 0 0 0 0 0 0 0 0 0 KHUNAPONG KHUNARAKSA SR. DIRECTOR, FINANCE & OPS 177209 0 0 0 0 0 0 0 5032 0 182241 0 0 0 MICHAEL SADOWSKI EXEC DIRECTOR AND BOARD MEMBER 162950 0 0 0 0 0 0 0 0 0 162950 0 0 0 ROBERT KAPLAN BD MEMBER AND 100% OWNERSHIP INT IN CIRCULATE CAPITAL MANAGEMENT PTE 169245 CONSULTING AGREEMENT WITH CIRCULATE CAPITAL MANAGEMENT PTE 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION GIVES A COPY OF THE 990 TO THE GOVERNING BOARD FOR DISCUSSION AND APPROVAL BEFORE FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION GIVES THE BOARD A CONFLICT OF INTEREST DISCLOSURE FORM TO FILL OUT AND RETURN ANNUALLY. TRANSACTIONS THAT INVOLVE INTERESTED PARTIES ARE REVIEWED AND APPROVAL BY THE INDEPENDENT, DISINTERESTED BOARD MEMBERS WITHOUT THE PARTICIPATION OF THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES A REVIEW OF COMPARABLE SALARIES AND PREPARES A STANDARD CONTRACT OF EMPLOYMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE ORGANIZATION DOES MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE LIMITED AMOUNT OF PUBLIC IN THE ANNUAL REPORT. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR. CIRCULATE CAPITAL LLC 111 WOOD AVE SOUTH SUITE 700 ISELIN NJ 08830 831593784 NY N/A N/A 0 0 CIRCULATE CAPITAL MANAGEMENT PTE LTD HONG LEONG BUILDING 16 RAFFLES QUA SINGAPORE SN 048581 MANAGEMENT SERVICES SN N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 CIRCULATE CAPITAL MANAGEMENT PTE LTD M 169245 FMV