Circle-Lets Inc is located in Olympia Fields, IL. The organization was established in 1982. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Circle-Lets Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2023, Circle-Lets Inc generated $82.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $75.8k during the year ending 08/2023. While expenses have increased by 9.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SOCIAL CLUB FOR BENEFIT OF COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Duke President | 12 | $0 | |
Gia Ramos Vice President | 10 | $0 | |
Darlene Britford Treasurer | 10 | $0 | |
Sharon Lewis Rec Secretary | 5 | $0 | |
Sonya Watson Corresponding Sec | 8 | $0 | |
Kimberly Player Financial Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,775 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,798 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,023 |
| Other expenses | $72,174 |
| Total expenses | $75,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,958 |
| Other assets | $0 |
| Total assets | $198,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,958 |