Create Circles Corporation
Nonprofit profile at a glance
- EIN
- 842438117
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Owensboro, KY, USA
- Phone
- 2705702644
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $142,938
- Expenses
- $142,938
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- HARSH V MOOLANI (PRESIDENT)
People named in this filing
- HARSH V MOOLANI (PRESIDENT)
- SATYA MOOLANI (OFFICER)
- ANUPAMA BALASUBRAMANIAN (OFFICER)
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
Create circles is dedicated to reducing loneliness and enhancing the quality of life for older adults in nursing homes through companionship, engaging activities, and community-building programs. Our primary tax exempt purpose is charitable. We focus on improving the emotional and social well-being of a vulnerable population-older adults in nursing homes-by providing them with essential social interaction and support. Our activities and programs are designed to foster connections, enhance mental health, and promote emotional support among these individuals, aligning with the charitable purpose of alleviating distress and promoting the public good.
What it reported doing in 2024
1. Expanded our volunteer older adult program in Kentucky. We engaged and educated 280 nursing homes about our program. We continued our program in many nursing homes and reduced loneliness among nursing home residents through weekly visits with our trained volunteers. 2. Volunteer training: trained 167 new volunteers, enhancing their ability to support and interact with nursing home residents, contributing to improved mental well-being and social engagement 3.community partnerships: established partnerships with local organizations across the state of Kentucky to extend program reach and effectiveness, enabling a broader range of activities and support for nursing home residents 4. Public awareness and advocacy: increased public awareness about the isolation of older adults through campaigns, establishing create circles as a thought leader in addressing loneliness in nursing homes
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.2%; rating input score 99
- Program expense ratio: 99.2%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 83.5%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -1.4% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: Limited
Details
- Where the money goes: 99.2% of revenue deployed · 99.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $142K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 0/100.