Blue Circle Health Inc
- Assets
- $37.0m
- Revenue
- $75.6k
- Investments
- $13.6m
- Employees
- 25
- Location
- Boston, MA
- Founding
- Data as of
- 09/2023
- EIN
- 87-3874220
Organization Overview
Blue Circle Health Inc is located in Boston, MA. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2023, Blue Circle Health Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Circle Health 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 09/2023, Blue Circle Health Inc generated $75.6k in total revenue. All expenses for the organization totaled $6.1m during the year ending 09/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF PEOPLE WITH TYPE 1 DIABETES BY REMOVING BARRIERS AND PROVIDING THE DIABETES CARE, MEDICINE, SUPPLIES, EDUCATION AND SUPPORT THEY NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE CIRCLE HEALTH IS A COLLABORATIVE TYPE 1 DIABETES (T1D) NON-PROFIT DEDICATED TO EMPOWERING AND IMPROVING THE LIVES OF PEOPLE WITH T1D. OUR UNIQUE, VIRTUAL APPROACH LEVERAGES PARTNERSHIPS WITH PATIENTS, FAMILIES, MEDICAL PROFESSIONALS, AND COMMUNITY-BASED ORGANIZATIONS TO REMOVE BARRIERS TO CARE AND PROMOTE UNDERSTANDING OF THIS COMPLEX DISEASE. TO ENSURE THAT PATIENTS LIVING WITH T1D CONNECT TO THE SERVICES THEY NEED TO ACHIEVE THEIR HEALTH GOALS, WE OFFER DIABETES MEDICAL CARE, SUPPORTIVE COUNSELING, INSURANCE NAVIGATION, DISEASE EDUCATION, PEER COACHING, ACCESS TO SUPPLIES AND MEDICATION, AND REFERRALS TO COMMUNITY RESOURCES. WE TAKE AN INNOVATIVE, WHOLE-PERSON APPROACH TO T1D CARE THAT AIMS TO EMPOWER THE PEOPLE WE SERVE. WE PARTNER WITH OUR PATIENTS TO IDENTIFY AND ACHIEVE SPECIFIC T1D GOALS WHILE CONNECTING THEM TO A SUPPORTIVE COMMUNITY OF PEERS AND PROFESSIONALS TO ENSURE THEIR ONGOING SUCCESS. WE PUT PATIENTS FIRST. WE CURRENTLY SUPPORT ADULTS AND THEIR FAMILIES LIVING WITH T1D IN FLORIDA. WE PLAN TO GROW TO REACH PEOPLE THROUGHOUT THE COUNTRY. THESE EARLY YEAR PROGRAM EXPENSES STEM FROM CORE ORGANIZATIONAL COMPONENTS RELATED TO LAUNCHING OUR INITIAL SERVICES, INCLUDING THE FOUNDATIONAL HUMAN CAPITAL AND INFORMATION TECHNOLOGY INFRASTRUCTURE THAT WILL EVOLVE WITH THE GROWING NEEDS OF BLUE CIRCLE HEALTH TO ACHIEVE THE ORGANIZATION'S MISSION. IN JULY 2023, WE LAUNCHED OUR FULL COMPLEMENT OF SERVICES. OUR FREE VIRTUAL CARE PROGRAM PROVIDES PEOPLE WHO LIVE WITH T1D THE SUPPORT, SERVICES AND RESOURCES NEEDED TO HELP MANAGE THIS DIFFICULT DISEASE. EACH PERSON RECEIVES AN INDIVIDUAL CARE PLAN DESIGNED TO HELP ADDRESS THEIR UNIQUE T1D-RELATED NEEDS. CARE PLANS ARE DESIGNED TO LAST ABOUT SIX MONTHS AND MAY INCLUDE SOME OR ALL OF THE SERVICES LISTED ABOVE. WHEN THE INDIVIDUAL CARE PLAN IS COMPLETED, PEOPLE CAN REMAIN CONNECTED TO THE BLUE CIRCLE HEALTH T1D COMMUNITY FOR ONGOING SUPPORT AND CAN RE-ENROLL IF NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director, Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Director, Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Director, CFO | OfficerTrustee | 1 | $0 |
Name Not Listed CEO | Officer | 39 | $308,219 |
Name Not Listed COO | Officer | 39 | $186,851 |
Name Not Listed VP Is | Officer | 34 | $157,890 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpa Health Web Development | 9/29/23 | $109,114 |
Conquering Diabetes Inc Clinical Advisory Services | 9/29/23 | $106,560 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $0 |
| Investment income | $553 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $75,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $712,984 |
| Compensation of current officers, directors, key employees. | $427,790 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,376,293 |
| Pension plan accruals and contributions | $125,193 |
| Other employee benefits | $332,396 |
| Payroll taxes | $297,428 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139,174 |
| Fees for services: Accounting | $82,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $417,874 |
| Advertising and promotion | $13,973 |
| Office expenses | $49,554 |
| Information technology | $273,186 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $155,399 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,010 |
| Insurance | $105,806 |
| All other expenses | $0 |
| Total functional expenses | $6,117,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,314,771 |
| Savings and temporary cash investments | $4,200,761 |
| Pledges and grants receivable | $16,657,840 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,525 |
| Prepaid expenses and deferred charges | $129,814 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,603,675 |
| Investments—program-related | $0 |
| Intangible assets | $89,331 |
| Other assets | $8,816 |
| Total assets | $37,007,533 |
| Accounts payable and accrued expenses | $515,495 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $515,495 |
| Net assets without donor restrictions | $13,600,771 |
| Net assets with donor restrictions | $22,891,267 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,007,533 |