Circle Foundation FY2020 filing

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The Circle Foundation is an institution that facilitates innovative educational experiences, inspirational leadership development, insightful guidance opportunities, and dutiful support service programming. The Foundation is a non-discrimatory, non-sectarian, and non-political organization that focuses on perserving and encouraging the heights of human potential in order to contribute to the advancement of individual, group, and societal progress.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$667K 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

FY2020 · 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
5 of 6
filings with a surplus
Average surplus $388K a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$667K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $65K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$981K
134% of total assets
Concern: liabilities are 134% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.6M
Spent
$4.6M
To programs
87%
Net assets
−$249K
By yearFY2020–FY2025
Revenue
$4.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.6M
FY2021$5.5M
FY2022$7.5M
FY2023$6.0M
FY2024$7.3M
FY2025$7.8M
Expenses
$4.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$4.6M
FY2021$4.8M
FY2022$6.3M
FY2023$6.4M
FY2024$7.1M
FY2025$7.2M
Net assets
−$249K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$249K
FY2021$451K
FY2022$1.7M
FY2023$1.3M
FY2024$1.5M
FY2025$2.1M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 May 2010.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $4.0M Management & general 13% · $586K Fundraising 0% · $72

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

10 people listed on the 990; $667K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Chairman / CEO
$224,603Pt VII · Sec A
Co-Chairman / COO
$200,465Pt VII · Sec A
Comptroller
$130,980Pt VII · Sec A
$110,813Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Lashaun Jackson’s $303K as Chief Executive Officer is at the 95th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lashaun Jackson$302,655$242,834$228,632$217,088$217,088$224,603
Omar Moore$272,707$236,532$222,051$205,183$205,183$200,465
Oscar Argueta$187,558$158,689$143,610$137,911$137,911$130,980
Alicia Arnold$156,250$136,824————
Heidi Valdez$127,141$114,840————
Alicia Boughton——$117,606———
Melissa Cotirla———$114,622$114,622$110,813

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 Foundation executive salaries →

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

Inspires, motivates, and empowers people to develop and realize their highest aspirations.

Questions for Circle Foundation

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3 programs · $3.7M · in their own filed words · FY2019
01

Innovations high school is a campus of the youth connection charter school, focused on arts integrated project-based learning, which provides high school study in a small school setting, for students age 16-21.

$3.4Mprogram expense
02

YS3 (DCFS) mentoring program provides educational, social and work related services, in order to provide the necessary social and educational skills that at-risk youth need to earn a high school diploma and transition to employment, college or vocational training programs.

$171Kprogram expense
03

Interrupt the violence (itv) works in partnership with circle foundation to decrease inner city community-specific youth violence. Itv focuses on resource mapping, identifying partners, coordinating community events, and establishing criteria for outreach to the highest risk youth with the aim of reducing violence and shifting the…

$160Kprogram expense

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 · FY2022
Total grants receivedfrom 1 funder$65K

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2022 · $1.1M federal money spent
Education Stabilization FundDepartment of Education · ALN 84.425 · Through Youth Connection Charter School$455K
Emergency Food Assistance Program (food Commodities)Department of Agriculture · ALN 10.569 · Through Greater Chicago Food Depository$286K
Title I Grants to Local Educational AgenciesDepartment of Education · ALN 84.010 · Through Youth Connection Charter School$209K
Community Services Block GrantDepartment of Health and Human Services · ALN 93.569 · Through Greater Chicago Food Depository$48K
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through Greater Chicago Food Depository$26K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.6M
Ln 12
Gifts and grantsLn 1h$4.6M
Fees for servicesLn 2g$16K
Other incomeLn 4–11$9K
Money outPt IX
$4.6M
Ln 25
Programscol B$4.0M
Managementcol C$586K
Fundraisingcol D$72
Owns and owesPt X
−$249K
net assets · Ln 32
Cash and savingsLn 1–2$26K
Total assetsLn 16$733K
LiabilitiesLn 26$981K
PeoplePt VI, VII
10
listed · VII A
PaidVII A4
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.6M
Government grantsLn 1e$242K
Fees for servicesLn 2g$16K
Investment incomeLn 3$346
Other incomeLn 4–11$9K
Total revenueLn 12$4.6M
Assets in detailPt X, end of year
CashLn 1$26K
Cash and savings togetherLn 1–2$26K
Pledges and grants receivableLn 3$468K
Prepaid expenses and deferred chargesLn 9$102K
Land, buildings, equipmentLn 10c$118K
InvestmentsLn 11–13$8K
Other assetsLn 15$10K
Total assetsLn 16$733K
LiabilitiesLn 26$981K
Net assetsLn 32−$249K
OperationsPt I, VI
EmployeesI 553
VolunteersI 625
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 FY20End FY20
Cash and savingsLn 1–2$11K$26K
InvestmentsLn 11–13$7K$8K
Land, buildings, equipmentLn 10c$93K$118K
Total assetsLn 16$615K$733K
LiabilitiesLn 26$868K$981K
Net assetsLn 32−$253K−$249K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$454K$454K
Other salaries and wagesLn 7$1.8M$1.4M$453K
Pension plan contributionsLn 8$140K$138K$2K
Other employee benefitsLn 9$162K$149K$12K
Payroll taxesLn 10$118K$87K$31K
Legal feesLn 11b$27K$27K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$386K$386K
Advertising and promotionLn 12$22K$22K
Office expensesLn 13$218K$199K$18K$72
OccupancyLn 16$938K$938K
TravelLn 17$14K$12K$2K
InterestLn 20$11K$11K
Depreciation, depletion and amortizationLn 22$45K$45K
InsuranceLn 23$29K$25K$4K
Other expenses (24a–d)Ln 24$244K$235K$9K
Total functional expensesLn 25$4.6M$4.0M$586K$72

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $7.8M$7.2M$616K$2.1M 990 PDF
FY2024Filed with the IRS Apr 29, 2025 $7.3M$7.1M$188K$1.5M 990 PDF
FY2023Filed with the IRS May 10, 2024 $6.0M$6.4M−$375K$1.3M 990 PDF
FY2022Filed with the IRS Apr 24, 2023 $7.5M$6.3M$1.2M$1.7M 990 PDF
FY2021Filed with the IRS May 16, 2022 $5.5M$4.8M$697K$451K 990 PDF
FY2020 ViewingFiled with the IRS Apr 5, 2021 $4.6M$4.6M$4K−$249K 990 PDF

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 FY2020 990 (6 parts)
Part I · Summary $4,640,080 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,248,167$4,614,403
I-9 Program service revenuePrior year $37,101$15,910
I-10 Investment incomePrior year $253$346
I-11 Other revenuePrior year −$40,822$9,421
I-12 Total revenuePrior year $4,244,699$4,640,080
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,479,153$2,684,583
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,792,209$1,951,546
I-18 Total expensesPrior year $4,271,362$4,636,129
I-19 Revenue less expensesPrior year −$26,663$3,951
Part VI · Governance 6 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members6
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 $4,640,080 across 7 lines filed
VIII-1e Government grants$242,116
VIII-1f All other contributions, gifts and grants$4,372,287
VIII-1h Total contributions, gifts and grants$4,614,403
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,910$15,910
VIII-3 Investment incomeExcluded from tax $346$346
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $9,421$9,421
VIII-12 Total revenueRelated to mission $15,910 · Unrelated business $0 · Excluded from tax $9,767$4,640,080
Part IX · Statement of functional expenses $4,636,129 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $453,515$453,515
IX-7 Other salaries and wagesPrograms $1,358,586 · Management $452,642$1,811,228
IX-8 Pension plan contributionsPrograms $138,069 · Management $2,001$140,070
IX-9 Other employee benefitsPrograms $149,384 · Management $12,271$161,655
IX-10 Payroll taxesPrograms $87,434 · Management $30,681$118,115
IX-11b Legal feesManagement $26,955$26,955
IX-11c Accounting feesManagement $18,450$18,450
IX-11g Other fees for servicesPrograms $385,783$385,783
IX-12 Advertising and promotionPrograms $21,755$21,755
IX-13 Office expensesPrograms $199,375 · Management $18,237 · Fundraising $72$217,684
IX-16 OccupancyPrograms $938,459$938,459
IX-17 TravelPrograms $12,103 · Management $1,753$13,856
IX-20 InterestManagement $10,906$10,906
IX-22 Depreciation, depletion and amortizationPrograms $44,943$44,943
IX-23 InsurancePrograms $25,476 · Management $3,689$29,165
IX-24 Other expenses (24a–d)Programs $234,764 · Management $8,826$243,590
IX-25 Total functional expensesPrograms $4,049,646 · Management $586,411 · Fundraising $72$4,636,129
Part X · Balance sheet $732,516 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $10,695$25,944
X-3 Pledges and grants receivableStart of year $392,615$468,210
X-9 Prepaid expenses and deferred chargesStart of year $103,448$102,298
X-10c Land, buildings and equipment, netStart of year $92,593$117,865
X-11 Publicly traded securitiesStart of year $7,385$7,936
X-15 Other assetsStart of year $8,663$10,263
X-16 Total assetsStart of year $615,399$732,516
X-17 Accounts payable and accrued expensesStart of year $178,304$80,752
X-24 Unsecured notes and loans payableStart of year $300,000$486,502
X-25 Other liabilitiesStart of year $390,112$413,923
X-26 Total liabilitiesStart of year $868,416$981,177
X-27 Net assets without donor restrictionsStart of year −$300,054−$290,023
X-28 Net assets with donor restrictionsStart of year $47,037$41,362
X-32 Total net assets or fund balancesStart of year −$253,017−$248,661
X-33 Total liabilities and net assetsStart of year $615,399$732,516
Part XI · Reconciliation of net assets −$248,661 net assets at year end
XI-1 Total revenue$4,640,080
XI-2 Total expenses$4,636,129
XI-3 Revenue less expenses$3,951
XI-4 Net assets at start of year−$253,017
XI-5 Net unrealized gains (losses) on investments$405
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$248,661

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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