Circulate LLC FY2024 filing

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Our mission is to enhance the resiliency of the u.s. Blood supply for today and tomorrow by empowering and educating stakeholders with accurate and timely data about the u.s. Blood supply.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 92-1348744) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$213K 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

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $19K a year · 3% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
88%
of spending
88% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$213K
to officers and key staff · 25% of spending
Pay to officers and key staff is 25% of spending.
Part VII, Section A
6.7 mo
of spending, in cash
6.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$109K
23% of total assets
Liabilities are 23% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$601K
-50% vs prior year
Spent
$860K
To programs
88%
Net assets
$374K
By yearFY2023–FY2025
Revenue
$601K
FY2024▼ -50%
Tap a bar for its year
Revenue by fiscal year
FY2023$1.2M
FY2024$601K
FY2025$314K
Expenses
$860K
FY2024▲ +52%
Tap a bar for its year
Expenses by fiscal year
FY2023$567K
FY2024$860K
FY2025$632K
Net assets
$374K
FY2024▼ -41%
Tap a bar for its year
Net assets by fiscal year
FY2023$633K
FY2024$374K
FY2025$452K

From the FY2024 Form 990 · see the original

You’re viewing the FY2024 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 2025.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $756K Management & general 12% · $104K

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; $213K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$132,052Pt VII · Sec A
Executive Director (1/24 - 4/24)
$81,250Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair & Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Katie Risvold’s $231K as Executive Director is at the 99th percentile of top reported officer pay among 826 $100K–1M public safety & disaster 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Katie Risvold$231,042$132,052—
Eduardo Nunes—$81,250$195,862

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 Circulate LLC 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

Empowering and educating stakeholders with data to enhance the U.S. blood supply's resiliency.

Questions for Circulate LLC

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Your first name shows with your question. Circulate LLC answers here, for everyone.

1 program · $756K · in their own filed words · FY2024
01

Circulate's mission is to enhance the resiliency of the U.S. Blood supply for today and tomorrow by empowering and educating stakeholders with accurate and timely data about the U.S. Blood supply.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 92-1348744) · Dispute this line
$756Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$601K
Ln 12
Gifts and grantsLn 1h$600K
Investment incomeLn 3$955
Money outPt IX
$860K
Ln 25
Programscol B$756K
Managementcol C$104K
Owns and owesPt X
$374K
net assets · Ln 32
Cash and savingsLn 1–2$481K
Total assetsLn 16$483K
LiabilitiesLn 26$109K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$600K
Investment incomeLn 3$955
Total revenueLn 12$601K
Assets in detailPt X, end of year
CashLn 1$461K
SavingsLn 2$20K
Cash and savings togetherLn 1–2$481K
Prepaid expenses and deferred chargesLn 9$2K
Total assetsLn 16$483K
LiabilitiesLn 26$109K
Net assetsLn 32$374K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$714K$481K
Total assetsLn 16$714K$483K
LiabilitiesLn 26$81K$109K
Net assetsLn 32$633K$374K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$213K$171K$43K
Legal feesLn 11b$138K$131K$7K
Accounting feesLn 11c$4K$4K$200
Other fees for servicesLn 11g$377K$329K$48K
Information technologyLn 14$105K$100K$5K
TravelLn 17$2K$2K$80
InsuranceLn 23$19K$18K$943
Other expenses (24a–d)Ln 24$3K$3K$138
Total functional expensesLn 25$860K$756K$104K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 28, 2026 $314K$632K−$318K$452K 990 PDF
FY2024 ViewingFiled with the IRS May 14, 2025 $601K$860K−$259K$374K 990 PDF
FY2023Filed with the IRS Jan 25, 2025 $1.2M$567K$633K$633K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $600,955 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,200,000$600,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $455$955
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,200,455$600,955
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 $195,862$213,302
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $371,514$646,504
I-18 Total expensesPrior year $567,376$859,806
I-19 Revenue less expensesPrior year $633,079−$258,851
Part VI · Governance 4 of 4 board members independent, no flags
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $600,955 across 4 lines filed
VIII-1f All other contributions, gifts and grants$600,000
VIII-1h Total contributions, gifts and grants$600,000
VIII-3 Investment incomeExcluded from tax $955$955
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $955$600,955
Part IX · Statement of functional expenses $859,806 across 8 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $170,642 · Management $42,660$213,302
IX-11b Legal feesPrograms $130,807 · Management $6,885$137,692
IX-11c Accounting feesPrograms $3,800 · Management $200$4,000
IX-11g Other fees for servicesPrograms $328,668 · Management $48,104$376,772
IX-14 Information technologyPrograms $99,587 · Management $5,241$104,828
IX-17 TravelPrograms $1,518 · Management $80$1,598
IX-23 InsurancePrograms $17,907 · Management $943$18,850
IX-24 Other expenses (24a–d)Programs $2,626 · Management $138$2,764
IX-25 Total functional expensesPrograms $755,555 · Management $104,251 · Fundraising $0$859,806
Part X · Balance sheet $483,068 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $693,696$460,935
X-2 Savings and temporary cash investmentsStart of year $20,000$20,000
X-9 Prepaid expenses and deferred chargesStart of year $0$2,133
X-16 Total assetsStart of year $713,696$483,068
X-17 Accounts payable and accrued expensesStart of year $80,617$108,840
X-26 Total liabilitiesStart of year $80,617$108,840
X-27 Net assets without donor restrictionsStart of year $633,079$374,228
X-32 Total net assets or fund balancesStart of year $633,079$374,228
X-33 Total liabilities and net assetsStart of year $713,696$483,068
Part XI · Reconciliation of net assets $374,228 net assets at year end
XI-1 Total revenue$600,955
XI-2 Total expenses$859,806
XI-3 Revenue less expenses−$258,851
XI-4 Net assets at start of year$633,079
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$374,228

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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