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 (2025) reports revenue of $2.1M, expenses of $2.5M, total assets of $4.4M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $7.6M.

EIN: 834505154 NEW YORK, NY Alliances & Advocacy NTEE: C01 Latest filing: 2025
Total Revenue$2.1M
Total Expenses$2.5M
Total Assets$4.4M
Grant Records7
Funding Total$7.6M
Filing Years2020–2025

Mission

THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN EMERGING MARKETS 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.

Where $100 goes at Circulate Initiative Inc

How Circulate Initiative Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$87 Programs the work itself
$13 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $87 for programs

$87
End plastic pollution while building circular equitable economies: provide decision makers, investors, and businesses with the knowledge, inspiration, networks and resources to develop and support programs that incentivize…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER/SECRETARY Chever Voltmer
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

General Support
$7,318,934 5 grants
Environment & Conservation
$272,662 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.1M $2.5M $4.4M
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

Between 2020 and 2025, reported annual revenue declined from $3.2M to $2.1M (-35%), with total assets most recently reported at $4.4M.

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

See the full picture for CIRCULATE INITIATIVE INC

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