Nonprofit · EIN 23-2989934
CIRCLE VENTURE
Tax-exempt · PHILADELPHIA, PA 19125
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,486,926 | $1,370,559 | $116,367 | $1,239,941 | $4,603 | $1,235,338 |
| December 31, 2024 | 990 | $1,356,577 | $1,318,017 | $38,560 | $1,123,533 | $4,562 | $1,118,971 |
| December 31, 2023 | 990 | $1,195,468 | $1,023,661 | $171,807 | $2,580,183 | $1,499,772 | $1,080,411 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,033
- Program service revenue
- $1,479,716
- Investment income
- $3,177
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $406,110
- Other salaries and wages
- $618,975
- Salaries, compensation and benefits (total)
- $721,464
- Professional fundraising fees
- $0
- Accounting fees
- $1,225
- Occupancy
- $100,851
- Depreciation
- $25,558
- Program services (functional)
- $1,370,559
Balance sheet and other
- Total assets, start of year
- $1,123,533
- Total assets, end of year
- $1,239,941
- Total liabilities, end of year
- $4,603
- Net assets, end of year
- $1,235,338
- Land, buildings and equipment
- $676,830
- Net assets without donor restrictions
- $1,235,338
- Gross receipts
- $1,486,926
- Employees
- 30
- Year formed
- 2010
- State of legal domicile
- PA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Grace | Highest Compensated Employee Highest-paid employee | 40 | $55,000 |
| Deb Ortiz Vasquez | Member Trustee or director | 5 | $0 |
| Sharon Thompsonowak | Member Trustee or director | 5 | $0 |
| Caz Tod Pearson | Chair Officer | 5 | $0 |
| Grace Handy | Vice-Chair Officer | 5 | $0 |
| Amber Miller | Secretary Officer | 5 | $0 |
| Lorna Smelser | Treasurer Officer | 5 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Grace | Highest Compensated Employee Highest-paid employee | 40 | $55,000 |
| Caz Tod | Chair Officer | 5 | $0 |
| Grace Handy | Vice-Chair Officer | 5 | $0 |
| Amber Miller | Secretary Officer | 5 | $0 |
| Lorna Keuhl | Treasurer Officer | 5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Grace | Highest Compensated Employee Highest-paid employee | 40 | $55,000 |
| Megan Rosenbach | Treasurer Officer | 5 | $0 |
| Lauren Smith | Undersecretary Officer | 5 | $0 |
| Liz Martin | Chair Officer | 5 | $0 |
| Alison Wear | Vice-Chair Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2233 FRANKFORD AVE, PHILADELPHIA, PA 19125-2007
- In care of
- % CAZ TOD PEARSON
- Signed the 990
- CAZ TOD PEARSON, Chair
- Phone
- (215) 423-1222
- Return prepared by
- A & R Bookkeeping and Tax Services
Mission
Please see attached
Program accomplishments
- A. Circle Thrift - Operate a thrift store that sells used clothing and household goods that were donated to the organization. Provided clothing and household goods to hundreds of families in the community of Fishtown/East Kensington in Philadelphia at below market value. Provided job retail training to several underemployed adults. Provides grants to local organizations.Expenses $1,370,559
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2989934
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J20)
- Assets (IRS master file)
- $1,239,941
- Income (IRS master file)
- $1,486,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,486,926 | $1,370,559 | $1,239,941 | XML |
| 990 | December 2024 | $1,356,577 | $1,318,017 | $1,123,533 | XML |
| 990 | December 2023 | $1,195,468 | $1,023,661 | $2,580,183 | XML |
| 990 | December 2022 | $1,104,998 | $1,030,453 | $2,262,032 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-2989934).
Questions about CIRCLE VENTURE
- What is the EIN of CIRCLE VENTURE?
- The employer identification number (EIN) of CIRCLE VENTURE is 23-2989934.
- Is CIRCLE VENTURE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CIRCLE VENTURE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CIRCLE VENTURE 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 VENTURE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CIRCLE VENTURE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of CIRCLE VENTURE?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $55,000 (Martha Grace, Highest Compensated Employee).
- How much revenue does CIRCLE VENTURE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,486,926, expenses of $1,370,559 and total assets of $1,239,941 at year end.
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