Investors Circle Inc
Nonprofit profile at a glance
- EIN
- 993200566
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- West Linn, OR, USA
- Phone
- 5038196902
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $93,944
- Expenses
- $68,254
- Assets
- $30,781
- Liabilities
- $6,359
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Donald Megrath (President & Executive Director)
People named in this filing
- Donald Megrath (President & Executive Director)
- Annarie Lyles (Board Chairperson)
- Sunil Desai (Treasurer and Board Member)
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
The Corporation is organized exclusively for one or more of the purposes specified in Section 501(c)(3) of the Internal Revenue Code of 1986 to be carried on by a corporation exempt from Federal income tax under I.R.C. Section 501(c)(3) and shall not carry on any activities not permitted to be carried on by a corporation exempt from Federal income tax under I.R.C. Section 501(c)(3) or corresponding provisions of any subsequent Federal tax laws.
What it reported doing in 2024
2. Connection Forum: We connect these funders/advisors to entrepreneurs via various virtual and in-person meetings and educational offerings. ? In 2024 Investors Circle (IC) provided a platform for 26 companies and their entrepreneur founders to present their stories and impact investment opportunities for potential funding by angel investors at our meetings in 2024, a portion of which obtained funding from the independent investor parties that attend our virtual national meetings. Investors Circle provided a platform for these companies without any monetary fee to them to present at our virtual events, because we feel that these companies should preserve their available capital for other uses and we do this because we are a non-profit and have other ways to support our work financially. In addition IC community members have contributed a significant (but unmeasured) amount of time and talent to coach and otherwise help these start-up companies and their leaders in 2024. ? 118 people have attended our regular national monthly meetings in 2024, from June when we held our first meeting as an independent organization through December, of which 36 were presenting company people or non-sponsor speakers. ? We expanded the IC working groups by adding the Investors Circle Cleantech Circle (ICCC), which the IC board approved to move forward with at the end of 2024 as part of our work in 2025. The ICCC effort helps IC broaden our community outreach without requiring investor commitments from our group alone (in fact, it broadens potential investor commitments to dozens of investor groups) ? Investor and entrepreneur education is part of IC? s work. In 2024 we had 5 special speakers at several of our regular monthly meetings. ? In addition, IC has sponsored or co-sponsored quarterly or more frequent live meetings providing education and community networking relating to impact investment. Locations in 2024 included New York City, San Francisco California and Denver, Colorado.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 48
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.7%; rating input score 73
- Program expense ratio: 100%; rating input score 100
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: 27.3%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 76.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 72.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $68K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.