The Circuit
Nonprofit profile at a glance
- EIN
- 311511754
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Cincinnati, OH, USA
- Phone
- 8592403710
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $423,289
- Expenses
- $437,000
- Assets
- $419,291
- Liabilities
- $8,644
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- JASON SKIDMORE (PRESIDENT)
Highest reported compensation
- TRACY RUBERG (EXECTUIVE DIRECTOR): $60,925 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The circuit is the non-profit information technology (it) association for the greater cincinnati area. We aspire to create a community of it professionals that will enhance and accelerate the technology iq of the region while also bringing awareness to the unique depth of technology leadership, talent and resources. The circuit facilitates education, connection and fosters collaboration among technology professionals.
What it reported doing in 2024
The circuit exists to raise the profile of greater cincinnati and southwest Ohio as a leading hub of technology expertise, innovation, and collaboration in the midwest.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 93
- Accountability: 69
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 13.9%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: -72.7% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $61K · 15 people listed
- Consistency: 11 of 11 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 8 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.