Echo Inc
- Assets
- $7.9m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 79
- Location
- North Fort Myers, FL
- Founding
- 11/1973
- Data as of
- 03/2022
- EIN
- 23-7275283
Organization Overview
Echo Inc is located in North Fort Myers, FL. The organization was established in 1973. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 03/2022, Echo Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Echo Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Echo Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.1m during the year ending 03/2022. While expenses have increased by 2.2% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING TRAINING, KNOWLEDGE RESOURCES, NETWORKING AND SEEDS TO DEVELOPMENT WORKERS IN OVER 170 COUNTRIES ENABLING THEM TO SUPPORT IMPROVED NUTRITION AND LIVELIHOOD FOR SMALL-SCALE FARMERS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
ECHO IS CONTINUING TO BUILD A KNOWLEDGE BASE OF AGRICULTURAL PRACTICES AND APPROPRIATE TECHNOLOGIES AND THEN DELIVER THIS KNOWLEDGE TO DEVELOPMENT WORKERS AROUND THE GLOBE TO REDUCE HUNGER AND IMPROVE THE LIVELIHOODS OF SMALL-SCALE FARMERS. THIS WORK INVOLVES FIELD AND LITERATURE RESEARCH, EXTENSIVE NETWORKING WITH DEVELOPMENT PRACTITIONERS, SEED PRODUCTION AND TESTING, WRITING AND TRANSLATING KNOWLEDGE RESOURCES, PROVIDING TRAINING AND SUPPORTING A GROWING NETWORK OF MEMBERS WHO ACCESS ECHO RESOURCES FROM OVER 170 COUNTRIES EACH MONTH. THE THOUSANDS OF USER AND HUNDREDS OF ORGANIZATIONS WHO UTILIZE ECHO RESOURCES REGULARLY EVALUATE THE USEFULNESS AND IMPACT OF THESE RESOURCES AND THE EFFECTIVENESS OF THEIR DELIVERY.
IN ORDER TO MOVE ITS KNOWLEDGE RESOURCE DEVELOPMENT AND DISSEMINATION ACTIVITIES CLOSER TO SMALL-SCALE FARMERS AROUND THE WORLD, ECHO OPERATES REGIONAL IMPACT CENTERS/TEAMS IN SOUTHEAST ASIA, EAST AFRICA, AND WEST AFRICA. THESE IMPACT CENTERS FOCUS ON PRACTICES, KNOWLEDGE, SEEDS, TRAININGS, RESEARCH AND NETWORKING THAT ARE MOST BENEFICIAL TO SMALL-SCALE FARMERS AND DEVELOPMENT WORKERS IN THE RESPECTIVE REGIONS. THE WORK OF THE REGIONAL IMPACT CENTERS/TEAMS IS HEAVILY SUPPORTED BY ECHO'S U.S.-BASED ACTIVITIES IDENTIFIED IN 4A ABOVE. ECHO'S REGIONAL RESOURCES AND TRAININGS ARE REGULARLY EVALUATED BY PRACTITIONERS THROUGHOUT THE REGIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Erickson President & CEO | Officer | 40 | $135,931 |
Timothy Albright COO | Officer | 40 | $97,077 |
Greg Dugger Treasurer | OfficerTrustee | 1 | $0 |
Ronald Tschetter Vice Chairman | OfficerTrustee | 1 | $0 |
Kate Lingbeek Secretary | OfficerTrustee | 1 | $0 |
Doug Carlson Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,849,888 |
| Noncash contributions included in lines 1a–1f | $9,550 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,849,888 |
| Total Program Service Revenue | $0 |
| Investment income | $19,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82,459 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $223,112 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,469,123 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $233,008 |
| Compensation of current officers, directors, key employees. | $58,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,887,192 |
| Pension plan accruals and contributions | $68,240 |
| Other employee benefits | $172,190 |
| Payroll taxes | $132,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,362 |
| Office expenses | $217,460 |
| Information technology | $92,507 |
| Royalties | $0 |
| Occupancy | $150,682 |
| Travel | $56,149 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $95,358 |
| Interest | $1,095 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,707 |
| Insurance | $84,453 |
| All other expenses | $0 |
| Total functional expenses | $4,097,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,662,613 |
| Savings and temporary cash investments | $1,436,495 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $185,078 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $127,242 |
| Prepaid expenses and deferred charges | $84,029 |
| Net Land, buildings, and equipment | $3,128,759 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,320,629 |
| Total assets | $7,944,845 |
| Accounts payable and accrued expenses | $121,140 |
| Grants payable | $0 |
| Deferred revenue | $1,955 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $449,043 |
| Total liabilities | $572,138 |
| Net assets without donor restrictions | $6,364,451 |
| Net assets with donor restrictions | $1,008,256 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,944,845 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Echo Inc has recieved totaling $820,995.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $510,500 |
Stewardship Foundation C D A B & W T Weyerhaeuser Ttees Tacoma, WA PURPOSE: GENERAL OPERATIONS | $68,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $51,050 |
Poole Family Foundation Inc Naples, FL PURPOSE: SOCIAL SERVICES | $50,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $27,000 |
Stewardship Foundation C D A B & W T Weyerhaeuser Ttees Tacoma, WA PURPOSE: GENERAL OPERATIONS HONORING DAVID ERICKSON'S LEADERSHIP (E-GRANT) | $25,000 |
Endowment Analysis
| Beg. Balance | $186,132 |
| Earnings | $18,009 |
| Admin Expense | $2,109 |
| Ending Balance | $202,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neverthirst Inc Birmingham, AL | $3,438,495 | $7,649,979 |
Echo Inc North Fort Myers, FL | $7,944,845 | $5,469,123 |
John Maxwell Leadership Foundation Inc Duluth, GA | $1,718,508 | $1,173,402 |
Africa Windmill Project Inc Winter Park, FL | $95,061 | $231,739 |
Restoration Ministries International Of Port St Lucie Inc Port St Lucie, FL | $0 | $0 |
Aquasol International Inc Dade City, FL | $96,020 | $81,947 |
Resources For Philippine Rural Communities Corporation Duluth, GA | $101,246 | $0 |
Haitian Youth Foundation Inc Miami, FL | $435 | $0 |