the mission is to provide a warm caring and stimulating early childhood environment that is safe and nurturing

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$203K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $468K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$203K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$250K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
Spent
$1.9M
To programs
81%
Net assets
$733K
By yearFY2021–FY2025
Revenue
$2.6M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$2.6M
FY2022$4.5M
FY2023$4.6M
FY2024$6.1M
FY2025$5.7M
Expenses
$1.9M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$1.9M
FY2022$3.2M
FY2023$4.0M
FY2024$5.5M
FY2025$6.5M
Net assets
$733K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$733K
FY2022$2.0M
FY2023$2.6M
FY2024$3.3M
FY2025$2.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $1.6M Management & general 19% · $371K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $203K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director Non Voting
$203,305Pt VII · Sec A
Administration Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
David Esfhani$340,162$252,503$286,623$276,047—
David Esfahani————$203,305
Michelle Gatt$120,793————
Natasha Geula$112,009————
Natasha Ganjian—$106,691———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Circle Academy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers a safe, nurturing, and stimulating early childhood environment.

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Provided by the organization

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1 program · in their own filed words · FY2020
01

income

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$16

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Fees for servicesLn 2g$2.0M
Other incomeLn 4–11$604K
Money outPt IX
$1.9M
Ln 25
Programscol B$1.6M
Managementcol C$371K
Owns and owesPt X
$733K
net assets · Ln 32
Cash and savingsLn 1–2$570K
Total assetsLn 16$983K
LiabilitiesLn 26$250K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.0M
Other incomeLn 4–11$604K
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$570K
Cash and savings togetherLn 1–2$570K
Land, buildings, equipmentLn 10c$214K
Other assetsLn 15$64K
Total assetsLn 16$983K
LiabilitiesLn 26$250K
Net assetsLn 32$733K
OperationsPt I, VI
EmployeesI 534
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$365K$570K
Land, buildings, equipmentLn 10c$16K$214K
Total assetsLn 16$484K$983K
LiabilitiesLn 26$374K$250K
Net assetsLn 32$110K$733K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$203K$203K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.0M$1.0M$28K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$94K$78K$16K
Management feesLn 11a$0
Legal feesLn 11b$4K$4K
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$29K$29K
Information technologyLn 14$24K$23K$1K
RoyaltiesLn 15$0
OccupancyLn 16$286K$269K$17K
TravelLn 17$624$624
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$58K$58K
Other expenses (24a–d)Ln 24$176K$169K$7K
All other expensesLn 24e$0
Total functional expensesLn 25$1.9M$1.6M$371K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.7M$6.5M−$818K$2.5M 990 PDF
FY2024 $6.1M$5.5M$619K$3.3M 990 PDF
FY2023 $4.6M$4.0M$625K$2.6M 990 PDF
FY2022 $4.5M$3.2M$1.3M$2.0M 990 PDF
FY2021 Viewing $2.6M$1.9M$623K$733K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $2,557,526 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $2,252,293$1,953,419
I-10 Investment income$0
I-11 Other revenue$604,107
I-12 Total revenuePrior year $2,252,293$2,557,526
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,483,721$1,344,147
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $924,498$590,048
I-18 Total expensesPrior year $2,408,219$1,934,195
I-19 Revenue less expensesPrior year −$155,926$623,331
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,557,526 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$1,953,419
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$604,107
VIII-12 Total revenue$2,557,526
Part IX · Statement of functional expenses $1,934,195 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $203,304$203,304
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,018,951 · Management $28,244$1,047,195
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $77,921 · Management $15,727$93,648
IX-11a Management fees$0
IX-11b Legal feesManagement $4,500$4,500
IX-11c Accounting feesManagement $5,500$5,500
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $3,376$3,376
IX-13 Office expensesManagement $29,351$29,351
IX-14 Information technologyPrograms $22,683 · Management $1,165$23,848
IX-15 Royalties$0
IX-16 OccupancyPrograms $268,943 · Management $17,166$286,109
IX-17 TravelPrograms $624$624
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $2,214$2,214
IX-23 InsuranceManagement $58,499$58,499
IX-24 Other expenses (24a–d)Programs $168,691 · Management $7,336$176,027
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,563,403 · Management $370,792 · Fundraising $0$1,934,195
Part X · Balance sheet $982,843 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $365,188$570,303
X-4 Accounts receivableStart of year $88,598$134,538
X-10c Land, buildings and equipment, netStart of year $15,973$213,759
X-15 Other assetsStart of year $14,243$64,243
X-16 Total assetsStart of year $484,002$982,843
X-17 Accounts payable and accrued expensesStart of year $374,362$249,872
X-26 Total liabilitiesStart of year $374,362$249,872
X-27 Net assets without donor restrictionsStart of year $374,362$249,872
X-32 Total net assets or fund balancesStart of year $109,640$732,971
X-33 Total liabilities and net assetsStart of year $484,002$982,843
Part XI · Reconciliation of net assets $732,971 net assets at year end
XI-1 Total revenue$2,557,526
XI-2 Total expenses$1,934,195
XI-3 Revenue less expenses$623,331
XI-4 Net assets at start of year$109,640
XI-10 Net assets at end of year$732,971

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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