Overview

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Est.

2018

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CIRCULATE INITIATIVE INC is a nonprofit organization focused on environmental issues, specifically targeting the reduction of ocean plastics and related pollution in South and Southeast Asia. With an operating budget of $2.2 million and total revenue of $2 million for the 2024 filing year, the organization is supported by significant funders including American Endowment Foundation, PepsiCo Foundation Inc, and The Coca-Cola Foundation Inc. CIRCULATE INITIATIVE INC does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN SOUTH AND SOUTH EAST EASIA THROUGH THREE OF ITS CORE STRATEGIES: INCUBATION AND TECHNICAL ASSISTANCE; IMPACT MEASUREMENT AND KNOWLEDGE MANAGEMENT; AND AMPLIFICATION AND AWARENESS BUILDING IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES.
Revenues
$2M
Expenses
$2.5M
Net Income:
-$536.4K
Assets
$3.3M
Liabilities
$2.1M
Net Assets:
+$1.3M
Operating Budget
$2.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$650K
Largest grant received
$1M
M
Michael Sadowski
Board Member
R
Robert Kaplan
Board Member
H
Heather Canon
Board Member

Frequently Asked Questions

What is CIRCULATE INITIATIVE INC’s budget?
In 2024, CIRCULATE INITIATIVE INC reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does CIRCULATE INITIATIVE INC support?
CIRCULATE INITIATIVE INC supports work in Environment.
Where does CIRCULATE INITIATIVE INC operate?
CIRCULATE INITIATIVE INC is headquartered in Iselin, NJ.
Who funded CIRCULATE INITIATIVE INC recently?
In 2024, CIRCULATE INITIATIVE INC received grants from The Coca-Cola Foundation Inc, Builders Initiative Foundation (FKA The Builders Initiative Inc), and PEPSICO FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CIRCULATE INITIATIVE INC received in 2024?
The largest grant to CIRCULATE INITIATIVE INC in 2024 exceeds $1 million.