CIRCULATE LLC (EIN 921348744) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

KATIE RISVOLD

Phone

9802194547

Tax Period

2025-01-01 to 2025-12-31

CIRCULATE LLC, founded in 2022, is a small nonprofit in the Public Safety sector that reported $314K in total revenue in fiscal year 2025. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $632K exceeded revenue, resulting in a 101% operating deficit.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $314,000

Program Service Revenue $0

Investment Income $381

Other Revenue $0

TOTAL REVENUE $314,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,625

Fundraising Expenses $0

Program Expenses $566,000

Other Expenses $401,578

TOTAL EXPENSES $632,203

Year-over-Year Comparison

	2025	2024	Change
Revenue	$314,381	$600,955	-0.5%
Expenses	$632,203	$859,806	-0.3%
Net Income	$-317,822	$-258,851	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$231,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC EATON	DIRECTOR	2.00	Director	$0	$0	$0
MARTIN GRABLE	DIRECTOR	2.00	Director	$0	$0	$0
AMY HUTCH	CHAIR & DIRECTOR	2.00	Officer Director	$0	$0	$0
KATE DOERKSEN	DIRECTOR	2.00	Director	$0	$0	$0
KATIE RISVOLD	EXECUTIVE DIRECTOR	40.00	Officer	$231,042	$0	$231,042

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$314,381	$632,203	$573,509	$-317,822
2024	$600,955	$859,806	$483,068	$-258,851
2023	$1,200,455	$567,376	$713,696	$633,079

CIRCULATE LLC