Circle Michigan INC

Business league / trade association Trenton, MI EIN 38-2407739
Revenue
$268K
▲ +65%
FY2025 · Pt VIII · Ln 12
Expenses
$212K
▲ +71%
FY2025 · Pt IX · Ln 25
Net assets
$214K
FY2025 · Pt X · Ln 32
To programs
80%
FY2025 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2025
Revenue
$268K
FY2025▲ +65%
Expenses
$212K
FY2025▲ +71%

Promotes group travel to Michigan facilities at conventions and meetings.

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Tax-deductible?
No
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
80% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
$100K–1M
↑ +65% vs prior year Details →

Form 990 for the fiscal year ending September 2025 (IRS tax year 2024).


Promotes group travel to Michigan facilities at conventions and meetings.

Type
Business league / trade association · Nonprofit
Location
Trenton, MI
Website
www.circlemichigan.com
Filings
6 on file (2020–2025)
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Where the money goes · FY2025
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.20
Operating surplus
+21%
revenue over expenses▼ -11% vs prior filing year
Earned revenue
59%
of revenue from program services & dues▲ +41% vs prior filing year
Payroll share
39%
of spending is salaries & benefits▼ -41% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$214K
FY2025▲ +35%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$55K
Total assetsPt X · Ln 16$214K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CCircle Michigan INC
EINHdr · item D38-2407739
Principal addressHdr · item CTrenton, MI
WebsiteHdr · item Jwww.circlemichigan.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1982

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Dir of Marke
$0Pt VII · Sec A
Dir of Comm
$0Pt VII · Sec A
Dir of Sales
$0Pt VII · Sec A
Bookkeeper
$0Pt VII · Sec A
Exec Directo
$0Pt VII · Sec A
Marketing PR
$0Pt VII · Sec A
Dir of Spclt
$0Pt VII · Sec A
Dir of Ops &
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Janet Kasic—$93,000$83,750$105,000$131,000
Lisa Kukulski$18,750————

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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $169K of program spending, described in the organization's own filed words · FY2024.
01

To appear at various travel conventions and meetings in order to promote and encourage group travel to michigan member facilities. The association is instrumental in giving leads at conventions and meetings to members. The association represents 150+ members nationally and internationally.

$169Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$157K · 59%
Contributions & grants$108K · 40%
Investment income$3K · 1%
Program service revenue59%$157K
Contributions & grants40%$108K
Investment income1%$3K
Total revenueLn 12$268K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.20
Program services80%$169K
Management & general20%$43K
Total functional expensesLn 25$212K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$214K
Total liabilitiesLn 26$0
Total net assetsLn 32$214K
Months of cash on handcomputed11.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses/yr $212K
11.4 months
Where the money goes
Program services
Program services $169K · Total expenses $212K
80%
Management & General
Management & general $43K · Total expenses $212K
20%
Fundraising
Fundraising $0 · Total expenses $212K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $98K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $108K · Total revenue $268K
40%
Government reliance
Government grants — · Total revenue $268K
—
Earned-income share
Program service revenue $157K · Total revenue $268K
59%
Investment reliance
Investment income $3K · Total revenue $268K
+1%
Program self-sufficiency
Program service revenue $157K · Total expenses $212K
74%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year $162K
+65%
Revenue CAGR
FY2019 $210K · FY2024 $268K
+5%
Net-asset trend (YoY)
End of year $214K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $212K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $214K
—
Net-asset ratio
Net assets $214K · Total assets $214K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $214K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patti Cornwell · Reported title DIR OF MARKE · Highest reported compensation $0 · Total expenses $212K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $212K
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%——
Overhead ratio 20%——
Fundraising cost ratio 0%——
Revenue growth 65%——
Accounting fee ratio 0.3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$268K revenue · viewing · ⤓ 990 PDF
FY2024$162K revenue · ⤓ 990 PDF
FY2023$209K revenue · ⤓ 990 PDF
FY2022$213K revenue · ⤓ 990 PDF
FY2021$124K revenue · ⤓ 990 PDF
FY2020$210K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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