Overview
What is Circle Venture Inc?
Circle Venture Inc is a nonprofit organization situated in Philadelphia, primarily serving the Fishtown/East Kensington community. Their primary activity involves operating Circle Thrift, a thrift store that sells gently used clothing and household items at prices lower than the market rate. This endeavor aims to provide essential assistance to local families in need. The organization's mission statement, which outlines their purpose and goals, is available in an attached document. By offering these items at affordable prices, Circle Venture Inc aims to make a positive impact on the community and support its residents.
Is Circle Venture Inc legitimate?
Circle Venture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circle Venture Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $459,456
For more financial information, click here
What is the mission statement of Circle Venture Inc?
Circle Venture Inc, through its thrift store Circle Thrift, aims to assist families in need within the Fishtown/East Kensington community of Philadelphia. By selling donated clothing and household items at prices lower than market rates, the organization provides essential aid. The mission statement of Circle Venture Inc, as outlined in the attached document, is focused on this objective, with the intention of offering support to families in need. The organization's operations are centered around this mission, making affordable items accessible to those who require assistance.
Who is the CEO of Circle Venture Inc?
Megan Rosenbach is the Treasurer of Circle Venture Inc.
What is the revenue of Circle Venture Inc?
Circle Venture Inc's revenue in 2022 was $1,104,998.
Who are the executives of Circle Venture Inc and what are their salaries?
The average compensation at Circle Venture Inc during 2022 was $16,409. There are 28 employees at Circle Venture Inc.
Here are 5 key members and their salaries:
- Martha Grace (Highest Compensated Employee)
- Megan Rosenbach (Treasurer)
- Lauren Smith (Undersecretary)
- Liz Martin (Chair)
- Alison Wear (Vice-Chair)
Where can I find the form 990 for Circle Venture Inc?
The Circle Venture Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Circle Venture Inc
Circle Venture Inc, a nonprofit organization, is dedicated to assisting families in the Fishtown/East Kensington community of Philadelphia through its thrift store, Circle Thrift. This initiative sells donated clothing and household goods at prices that are lower than the market rate. The organization's primary mission, as stated in the attached document, is to provide aid to these families in need. Circle Venture Inc's mission is not just about selling second-hand items; it's about making a difference in the lives of the local community by offering affordable solutions. The organization's mission is a testament to its commitment to supporting the less fortunate and contributing positively to the community it serves.
Impact
This information is meant to be a general summary of Circle Venture Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Circle Venture Inc's impact can be seen in the community of Fishtown/East Kensington in Philadelphia, where it operates Circle Thrift. By offering affordable clothing and household goods to families in need at prices below market rates, Circle Venture Inc is providing a valuable resource for the local community. This initiative not only helps families save money but also contributes to creating a more sustainable and inclusive environment for residents. Additionally, the organization's focus on employment opportunities further highlights its commitment to supporting and empowering individuals in the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$1,088,006
Salvage
Revenue
$6,127
Organization Details
Founding Year
2010
Principal Officer
Megan Rosenbach
Main Address
2007 Frankford Ave, Philadelphia, PA, 19125
NTEE Category
Code: J20 - Employment
If you are a representative of Circle Venture Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.