Public Charity

CIRCULATE INITIATIVE INC

CIRCULATE INITIATIVE INC is a nonprofit organization categorized as Public Charity based in NEW YORK, NY. Its most recent IRS filing (2024) reports revenue of $2.0M, expenses of $2.5M, total assets of $3.3M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $7.6M.

EIN: 834505154 NEW YORK, NY Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.5M
Total Assets$3.3M
Grant Records7
Funding Total$7.6M
Filing Years2019–2024

Mission

THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATTING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN SOUTH AND SOUTH EAST ASIA 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.

Officers & Directors

BOARD MEMBER/SECRETARY Ariel Mullerthru Dec 2024
BOARD MEMBER Heather Canon
BOARD MEMBER Kavita Prakash-Mani
SR. DIRECTOR, FINANCE & OPS Khunapong Khunaraksa
EXEC DIRECTOR AND BOARD MEMBER Michael Sadowski
BOARD MEMBER/TREASURER Robert Kaplan

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROJECT GRANTS
$4,444,445 2 grants
PROJECT FUNDING
$2,777,778 1 grant
TO END PLASTIC WASTE AND PREVENT OCEAN PLASTICS
$233,334 1 grant
GENERAL OPERATING SUPPORT
$50,000 1 grant
FUNDS RAISED BY GLOBALGIVING AND DISBURSED TO MEET DONOR EXPECTATIONS
$46,711 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.5M $3.3M
2023 $1.4M $2.0M $2.3M
2022 $4.1M $4.0M $2.6M
2020 $3.2M $4.0M $3.4M
2019 $6.5M $1.6M $5.0M

Between 2019 and 2024, reported annual revenue declined from $6.5M to $2.0M (-70%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

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