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Nonprofit · EIN 11-2396685

CIRCLE ACADEMY

Tax-exempt · WHITESTONE, NY 11357

Financials

$6.1M$5.5M2023$5.7M$6.5M2024
Revenue Expenses · by fiscal year end
Financials of CIRCLE ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,717,693$6,535,448-$817,755$6,684,235$4,233,532$2,450,703
June 30, 2024990$6,146,788$5,527,395$619,393$3,359,071$90,613$3,268,458
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$152,426
of which government grants
$152,426
Program service revenue
$5,513,243
Investment income
$52,024
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$340,162
Other salaries and wages
$2,763,038
Salaries, compensation and benefits (total)
$3,593,517
Professional fundraising fees
$0
Accounting fees
$58,000
Occupancy
$1,281,793
Travel
$630
Depreciation
$110,694
Program services (functional)
$5,758,497
Management and general (functional)
$776,951

Balance sheet and other

Total assets, start of year
$3,359,071
Total assets, end of year
$6,684,235
Total liabilities, end of year
$4,233,532
Net assets, end of year
$2,450,703
Land, buildings and equipment
$1,145,300
Net assets without donor restrictions
$2,450,703
Gross receipts
$5,717,693
Employees
92
Year formed
1978
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVID ESFHANIEXECUTIVE DI
Trustee or director, Officer
40$340,162
MICHELLE GATTEDUCATIONAL
Highest-paid employee
40$120,793
NATASHA GEULASECRETARY
Highest-paid employee
40$112,009
RICHARD BERNSTEINSECRETARY
Trustee or director
1$0
ERICA DUENASBOARD MEMBER
Trustee or director
1$0
BONNIE HONYABOARD MEMBER
Trustee or director
1$0
PHYLLIS JORDANBOARD MEMBER
Trustee or director
1$0
KELLY A PORTNOYCHAIRMAN OF
Trustee or director
1$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
DAVID ESFHANIEXECUTIVE DIRECTOR
Trustee or director, Officer
40$252,503
NATASHA GANJIANSECRETARY
Highest-paid employee
40$106,691
RICHARD BERNSTEINSECRETARY
Trustee or director
1$0
ERICA DUENASBOARD MEMBER
Trustee or director
1$0
PHYLLIS JORDANBOARD MEMBER
Trustee or director
1$0
BONNIE HONYABOARD MEMBER
Trustee or director
1$0
KELLY A PORTNOYCHAIRMAN OF THE BOARD
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1650 UTOPIA PKWY, WHITESTONE, NY 11357-3346
Principal officer (990 for 2024)
DAVID ESFHANI, 16-50 UTOPIA PKWY, WHITESTONE, NY 11357
Signed the 990
DAVID ESFHANI, EXECUTIVE DIRECTOR
Phone
(718) 229-5050
Return prepared by
NARESHKUMAR CPA PLLC

Mission

CIRCLE ACADEMY IS COMMITTED TO THE PRINCIPLES OF HUMAN DIVERSITY AND EQUITABLE TREATMENT FOR EVERYONE. WE ENSURE THAT STUDENTS AND THEIR FAMILIES CONSISTENTLY FEEL AT EASE AND VALUED WITHIN OUR COMMUNITY. RECOGNIZING PARENTS AS COLLABORATIVE PARTNERS IN THEIR CHILDREN'S

990 for the year ended June 30, 2025

Program accomplishments

  • FOR THE 2024-2025 SCHOOL YEAR, CIRCLE ACADEMY SERVED 513 STUDENTS. THE SCHOOL IMPLEMENTED SEVERAL PRACTICES THAT HELPED TO MAINTAIN INSTRUCTIONAL COHERENCE BY DOING THE FOLLOWING: 1. CIRCLE ACADEMY PLACED A HIGH VALUE ON ESTABLISHING A WARM AND SUPPORTIVE EDUCATIONAL SETTING, ONE WHERE NURTURING LOVE, TRUST, AND RESPECT IS PARAMOUNT FOR EVERYONE, ESPECIALLY ENCOURAGING STUDENTS TO HARBOR THESE FEELINGS FOR THEIR PEERS, EDUCUATORS, FAMILIES AND THEMSELVES. 2. AT CIRCLE ACADEMY, DIVERSITY WAS MORE THAN A CONCEPT; IT WAS A PRACTICE OF ENSURING EQUAL RESPECT AND CONSIDERATION FOR ALL PEOPLE AND CONSCIENTIOUS STEWARDSHIP OF THE ENVIRONMENT. 3. THE SCHOOL AS PROACTIVE IN INVOLVING PARENTS, BELIEVING FIRMLY IN POWER OF THEIR INVOLVEMENT TO ENRICH THE EDUCATIONAL EXPERIENCES OF THEIR CHILDREN. 4. COMMITMENT TO THE PROFESSIONAL GROWTH OF ITS STAFF WAS EVIDENT AT CIRCLE ACADEMY, WITH TARGETED TRAINING IN THE DOMAINS OF CHILDHOOD DEVELOPMENT AMD EARLY CHILDHOOD EDUCATIONAL METHODOLOGIES. 5. THE ACADEMY MAINTAINED A DEDICATION TO THE CONTINUAL PROFESSIONAL DEVELOPMENT OF EDUATORS, KEEPING THEM ABREAST OF THE LATEST PRESCHOOL CURRICULAR STANDARDS AND THE NEW YORK STATE COMMON CORE. 6. CIRCLE ACADEMY'S HOLLISTIC APPROACH TO EDUCATION WAS DESIGNED TO PROMOTE THE PHYSICAL, SOCIAL, EMOTIONAL, AND INTELLECTUAL ADVANCEMENT OF ITS STUDENTS, WITH EACH DAY BRINGING ACTIVITIES CRAFTED TO DEVELOP THESE CRITICAL AREAS. 7. A SIGNIFICANT FOCUS AT CIRCLE ACADEMY WAS TO STRENGTHEN ITS SPECIAL EDUCATION SERVICES, ACHIEVED THROUGH STRATEGIC ALLIANCES WITH RESPECTED EDUCATIONAL BODIES THAT CATER TO DIVERSE LEARNNG NEEDS, BENEFITING STUDENTS AND PARENTS ALIKE THROUGH SHARED RESOURCES AND COLLABORATIVE SERVICE DELIVERY
    Expenses $5,525,695 · revenue $5,513,243
  • .
    Expenses $232,802

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2396685
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,684,235
Income (IRS master file)
$5,717,693

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,717,693$6,535,448$6,684,235XML
990June 2024$6,146,788$5,527,395$3,359,071XML
990June 2023$4,620,306$3,995,137$3,039,447IRS
990June 2022$4,501,945$3,210,819$2,228,360IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2396685).

Questions about CIRCLE ACADEMY

What is the EIN of CIRCLE ACADEMY?
The employer identification number (EIN) of CIRCLE ACADEMY is 11-2396685.
Is CIRCLE ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to CIRCLE ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CIRCLE ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CIRCLE ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CIRCLE ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CIRCLE ACADEMY?
The 990 for the year ended June 30, 2025 names DAVID ESFHANI.
Who are the officers and directors of CIRCLE ACADEMY?
The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $340,162 (DAVID ESFHANI, EXECUTIVE DI).
How much revenue does CIRCLE ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,717,693, expenses of $6,535,448 and total assets of $6,684,235 at year end.

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