Circles Of West Georgia Inc is located in Carrollton, GA. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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 Of West Georgia 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 12/2023, Circles Of West Georgia Inc generated $106.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $103.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CIRCLES COHORT #8 TRAINING STARTED IN MAY 2023 FOR 10 FINANCIALLY INSECURE PROGRAM PARTICIPANTS, LEADERS (+8 CHILDREN). THEY WERE MATCHED IN AUGUST WITH 20 ALLIES, TO IMPROVE THEIR FINANCIAL STABILITY. SOME ACCOMPLISHMENTS THUS FAR INCLUDE STARTING-INCREASING SAVING AND RETIREMENT ACCOUNTS, INCREASING CREDIT SCORES, ELIMINATING $1500 DEBT, 2 UNEMPLOYED NOW HAVE JOBS, ONE TRAINED TO BECOME AN INSURANCE AGENT, ANOTHER COMPLETED TRAINING TO OWN AN EVENING CHILDCARE BUSINESS. SOME HAVE INCREASED SALARIES, THREE MOVED OUT OF CARROLLTON FOR BETTER OPPORTUNITIES, TWO MOVED INTO NEW RESIDENCES, ANOTHER RECEIVED LOAN APPROVAL TO PURCHASE A HOME, OTHERS HAVE ATTENDED TO LONG-OVERDUE MEDICAL CONDITIONS.A NEW FULL-TIME DIRECTOR WAS HIREDEIGHT NEW BOARD OF DIRECTORS WERE RECRUITED IN 2023.THREE NEW BOARD COMMITTEES, FINANCE, GOVERNANCE AND FUND RAISING, WERE FORMED TO STRENGTHEN THE PROGRAM AND TO SERVE AS SUPPORT FOR STAFF. THE FINANCE COMMITTEE HAS MADE PAYROLL CHANGES THAT SAVE ABOUT $1500/YEAR FOR SAME SERVICES. CHANGES TO QUICKBOOKS DETAILED ACCOUNTING WILL REFLECT MORE ACCURATE BUDGET PLANNING. THIS YEAR'S BUDGET WILL REFLECT TWO FULL TIME EMPLOYEES, A FIRST TIME SINCE CIRCLES INCEPTION.AFTER A SEVERAL YEAR HIATUS, CIRCLES FUND-RAISING COMMITTEE STARTED PLANNING THEIR SUCCESSFUL FUND-RAISER, THE DESIGNER SHOW HOUSE.CIRCLES RECEIVED THE LARGEST SINGLE DONOR GIFT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Latasha Vaughn Board Member | 1 | $0 | |
Shawn Carroll Board Member | 1 | $0 | |
Brad Wilks Treasurer | 1 | $0 | |
Colin Worthington Board Member | 1 | $0 | |
Fred O'neal Chairman | 1 | $0 | |
Mary Mance Hart Interimdirector | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $106,193 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,193 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $80,024 |
Professional fees and other payments to independent contractors | $1,146 |
Occupancy, rent, utilities, and maintenance | $6,500 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,631 |
Total expenses | $103,301 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,838 |
Other assets | $0 |
Total assets | $10,838 |
Total liabilities | $0 |
Net assets or fund balances | $10,838 |