THE ORGANIZATION'S PURPOSE IS TO TARGET THE REDUCTION OF OCEAN PLASTICS AND RELATED ENVIRONMENTAL POLLUTION AND COMBATTING ENVIRONMENTAL DETERIORATION BY CONDUCTING ACTIVITY IN SOUTH AND SOUTH EAST ASIA THROUGH THREE OF ITS CORE STRATEGIES: INCUBATION AND TECHNICAL ASSISTANCE; IMPACT MEASUREMENT AND KNOWLEDGE MANAGEMENT; AND AMPLIFICATION AND AWARENESS BUILDING IN FURTHERANCE OF THE SOCIAL AND ENVIRONMENTAL IMPACTS OF REDUCING THE AMOUNT OF PLASTIC ENTERING THE ENVIRONMENT AND CREATING ECONOMIC VALUE FOR MARGINALIZED LOCAL COMMUNITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+46.5% YoY
Revenue
$2.0M
+44.7% YoY
Net Investment Income
$35K
+68.1% YoY
Expenses
$2.5M
+25.2% YoY
About Circulate Initiative Inc
Based on IRS filings
Circulate Initiative Inc is a nonprofit organization focused on Environment & Animals, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. Net investment income was $35K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,322,495 | $2,268,604 | $2,645,356 |
| Revenue | $1,974,077 | $1,364,382 | $4,096,428 |
| Expenses | $2,510,477 | $2,004,736 | $3,951,480 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $35,055 | $20,850 | $5,648 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT KAPLAN | BOARD MEMBER/TREASURER | 1 | — |
| MICHAEL SADOWSKI | EXEC DIRECTOR AND BOARD MEMBER | 16 | $141,750 |
| HEATHER CANON | BOARD MEMBER | 1 | — |
| ARIEL MULLERTHRU DEC 2024 | BOARD MEMBER/SECRETARY | 1 | — |
| KAVITA PRAKASH-MANI | BOARD MEMBER | 1 | — |
| KHUNAPONG KHUNARAKSA | SR. DIRECTOR, FINANCE & OPS | 40 | $165,293 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Circulate Initiative Inc?
Circulate Initiative Inc is a nonprofit organization focused on Environment & Animals, based in NEW YORK, NY. It holds $3.3M in total assets as of 2024.
How large is Circulate Initiative Inc?
As of 2024, Circulate Initiative Inc holds $3.3M in total assets with $2.0M in annual revenue.
Where does Circulate Initiative Inc operate?
Circulate Initiative Inc has awarded grants in District of Columbia, Georgia, Michigan.
What is Circulate Initiative Inc's EIN?
Circulate Initiative Inc's EIN (Employer Identification Number) is 83-4505154. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Circulate Initiative Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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