Elephant Circle EIN 47-1648218

Elephant Circle FY2020 filing

EIN  47-1648218 Public charity (501(c)(3)) Palisade, CO Founded 2017
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/18/26 · see original filing: IRS
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Size
$1–10M
What they do
Provides support for people throughout their perinatal journey, ensuring birth justice and self-determination.
Leadership
Heather Thompson · Deputy Direc · $25K
Money in and out
$326K revenue, $126K expenses
Bottom line
88% program efficiency

Provides support for people throughout their perinatal journey, ensuring birth justice and self-determination. For fiscal year 2020 it reported $326K in revenue, $126K in expenses, and $324K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$326K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$324K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $199K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program efficiency
88%
of spending reaches programs
Operating runway
30.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+61%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$326K
FY2020
Expenses
$126K
FY2020
Total assets
$324K
FY2020
Total liabilities
$0
FY2020
Total revenue
$326K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$324K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$199K
Total assetsPt X · Ln 16$324K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $109K of program spending, described in the organization's own filed words · FY2020.
01

Special Projects

Collaboration with organizations to holistically support pregnant and parenting folks and their communities.

$72Kprogram expense
02

Education, Outreach and Organizing

Develops workshops to expand perspectives, challenge limits and incite action. Our workshops educate under-served populations and community members committed to serving elephant circle's clients on matters related to birth and reproductive justice.

$34Kprogram expense
03

Coaching and Consulting

Work with individuals and organizations seeking to increase their capacity to address bias on internal, external, structural and organizational levels. Our services further educate the community about matters related to birth and reproductive rights.

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CElephant Circle
EINHdr · item D47-1648218
Principal addressHdr · item CPalisade, CO
WebsiteHdr · item Jwww.elephantcircle.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I80)
Ruling yearIRS BMFJul 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Deputy Direc
$24,750Pt VII · Sec A
Executive Di
$7,100Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Indra Lusero’s $98K as Executive Di is at the 23rd percentile of top reported officer pay among 1146 $1–10M crime & legal 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Indra Lusero$98,201$87,737$75,000$75,000$7,100
Heather Thompson$42,939$24,750
Vita Malama$29,265

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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Statement of Revenue

Part VIII
Contributions & grants$309K · 95%
Program service revenue$16K · 5%
Contributions & grants95%$309K
Program service revenue5%$16K
Other revenue$1K
Total revenueLn 12$326K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.09 Fundraising $0.03
Program services88%$111K
Management & general9%$12K
Fundraising3%$3K
Total functional expensesLn 25$126K

Balance Sheet

Part X · end of year
CashLn 1$324K
Total assetsLn 16$324K
Total liabilitiesLn 26$0
Total net assetsLn 32$324K
Months of cash on handcomputed30.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $324K · Operating expenses/yr $126K
30.7 months
Where the money goes
Program services
Program services $111K · Total expenses $126K
88%
Management & General
Management & general $12K · Total expenses $126K
9%
Fundraising
Fundraising $3K · Total expenses $126K
3%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $309K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $309K · Total revenue $326K
95%
Government reliance
Government grants — · Total revenue $326K
Earned-income share
Program service revenue $16K · Total revenue $326K
5%
Investment reliance
Investment income $0 · Total revenue $326K
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $126K
12%
Growth & trend
Revenue growth (YoY)
This year $326K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $324K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $326K · Expenses $126K
+61%
Liabilities-to-Assets
Total liabilities — · Total assets $324K
Net-asset ratio
Net assets $324K · Total assets $324K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $324K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Heather Thompson · Reported title DEPUTY DIREC · Highest reported compensation $25K · Total expenses $126K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $32K · Total expenses $126K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 9%
Fundraising cost ratio 1%
Accounting fee ratio 1%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Groundswell FundFY2024$164K
Resist INCFY2024$100K
If When HowFY2024$77K
Total grants receivedfrom 27 funders$3.1M
See all 27 funders →
Grants paid · 14 grants · $405K · 2020–2023
A Mother's ChoiceFY2023$106,661
Unitemized GrantFY2023$39,000
Healthconnect OneIL · FY2023$10,000
Black Mamas Matter AllianceGA · FY2023$10,000
Hispanics in PhilanthropyCA · FY2023$5,300
Unitemized GrantFY2023$5,000
A Mother's Choice MidwiferyFY2022$174,385
Unitemized GrantFY2021$29,790
Unitemized GrantFY2021$3,550
Unitemized GrantFY2021$3,133
Unitemized GrantFY2020$4,570
Unitemized GrantFY2020$2,363
Unitemized GrantFY2020$1,457

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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
FY2024 (Latest)$6.6M revenue · ⤓ 990 PDF
FY2023$3.3M revenue · ⤓ 990 PDF
FY2022$2.3M revenue · ⤓ 990 PDF
FY2021$752K revenue · ⤓ 990 PDF
FY2020$326K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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