Circles of West Georgia Inc
Nonprofit profile at a glance
- EIN
- 472704670
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Carrollton, GA, USA
- Phone
- 6784161122
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $159,187
- Expenses
- $103,018
- Assets
- $67,007
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Fred O'Neal (Interim Chair)
- Lynn Sucher (Vice Chair)
- Brad Wilks (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Circles of west Georgia was created as a local chapter of the national circles campaign. (circles) is an innovative, community-driven way to solve poverty. Circles' mission is to inspire and equip families and communities to thrive and end poverty. The circles approach comines best proactices in several disciplines including community organizing, case management, grassroots leadership, s.m.a.r.t goal setting, financial literacy, mentoring, peer-to-peer counseling and learning, and child/youth development/
What it reported doing in 2024
In May 2023, Circles launched Cohort #8, supporting (10) financially vulnerable individuals("Leaders") and their (8) children. By December 2024, (5) Leaders successfully graduated, partnered with 10 Allies. Graduates achieved significant milestones, including increased savings and retirement contributions, improved credit scores, and debt reduction. Two Leaders secured employment, one pursued a career as an insurance agent, and another completed training to establish an evening childcare business. Several Leaders experienced salary increases, three relocated for enhanced opportunities, two moved to new residences, and one received loan approval for homeownership. Additionally, participants addressed previously neglected medical needs.In September of 2024, Cohort 9 started with (7) Circles Leaders and (5) children with (14)allies. By December 2024, Cohort 9 had completed the 12 weeks of Circles Leaders training to begin the journey to transform their lives.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41%; rating input score 41
- Program expense ratio: 63.4%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 35.3%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 23.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 41% of revenue deployed · 63.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $65K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.