Circles Rva Inc

Organization Overview

Circles Rva Inc is located in Richmond, VA. The organization was established in 2019. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Circles Rva Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Circles Rva Inc generated $168.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $102.6k during the year ending 12/2021. While expenses have increased by 42.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

IN 2021 CIRCLESRVA, INC. ENGAGED FIVE COHORTS OF LEADERS, A TOTAL OF 28 INDIVIDUALS. ALL LEADERS ARE INDIVIDUALS OR FAMILIES WITH INCOMES LESS THAN 150% OF THE FEDERAL POVERTY GUIDELINE. UNDER THE GUIDANCE OF THE CIRCLES COACH, EACH COHORT OF LEADERS PARTICIPATES IN TRAINING FOR THE SKILLS NECESSARY TO MEETING THEIR GOALS FOR FINANCIAL STABILITY. LEADERS TYPICALLY STAY IN THE PROGRAM FOR 18 MONTHS. THE FIRST COHORT OF FOUR LEADERS GRADUATED IN AUGUST 2020 AND AS A GROUP, THEY MORE THAN DOUBLED THEIR CASH ASSETS, DECREASED THEIR AVERAGE INDIVIDUAL DEBT BY OVER $10,000 AND EACH SECURED RELIABLE TRANSPORTATION. THE SECOND COHORT OF THREE LEADERS GRADUATED IN DECEMBER 2021. ALL THREE INCREASED THEIR INCOMES, MOVING CLOSER TO 200% OF THE FEDERAL POVERTY GUIDELINE. THEY INCREASED THEIR SAVINGS AND CREDIT SCORES AND BUILT LASTING FRIENDSHIPS WITH THEIR MATCHED ALLIES. LEADERS IN COHORTS 3, 4, AND 5 WORKED ON GOALS IN THE AREAS OF EDUCATION, CAREER, MONEY MANAGEMENT AND HEALTH DURING THE YEAR. CIRCLESRVA RECRUITED AND TRAINED AN ADDITIONAL 11 NEW LEADERS FOR COHORT 6. IN ADDITION, 16 PEOPLE COMPLETED ALLY TRAINING IN 2021. ALLIES MAKE AN INTENTIONAL COMMITMENT TO BECOME BOTH CHEERLEADERS AND ACCOUNTABILITY PARTNERS FOR THEIR CIRCLE LEADER. ALTHOUGH CIRCLESRVA'S REGULAR WEEKLY MEETINGS WERE CONDUCTED VIRTUALLY IN 2021, WE CELEBRATED WITH THREE IN-PERSON SPECIAL EVENTS OUTDOORS. VOLUNTEERS DELIVERED OVER 3,000 MEALS AND CARE PACKAGES TO LEADERS. OVER 250 INDIVIDUALS AND ORGANIZATIONS DONATED TIME, MATERIALS AND MONEY TO CIRCLESRVA IN 2021.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$168,067
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$17
Total Revenue$168,084

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Circles Rva Inc has recieved totaling $43,518.

Awarding OrganizationAmount
Pga Tour Charities Inc

Ponte Vedra Beach, FL

PURPOSE: General Support

$20,930
Metropolitan Health Foundation Inc

Richmond, VA

PURPOSE: PUBLIC WELFARE

$10,000
Kathryn B Mcquade Foundation

Pennington, NJ

PURPOSE: UNRESTRICTED GENERAL

$10,000
Elis Olsson Memorial Foundation

West Point, VA

PURPOSE: GENERAL PURPOSE

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$88
View Grant Recipient Profile

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