The Echo Charitable Foundation
- Assets
- $230.0k
- Revenue
- $20.4k
- Investments
- $208.3k
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-6367418
Organization Overview
The Echo Charitable Foundation is located in Ipswich, MA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Echo Charitable Foundation 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 12/2022, Echo Charitable Foundation generated $20.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (64.3%) each year. All expenses for the organization totaled $192.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Echo Charitable Foundation has awarded 37 individual grants totaling $544,204. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary B Ffolliott Trustee | 1 | $0 | |
Stacy B Miller Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $209 |
| Dividends & Interest | $1,695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,499 |
| Capital Gain Net Income | $120,831 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,403 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,482 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,000 |
| Printing and publications | $0 |
| Other expenses | $216 |
| Total operating and administrative expenses | $13,650 |
| Contributions, gifts, grants paid | $178,704 |
| Total expenses and disbursements | $192,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,704 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $230,029 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Echo Charitable Foundation has awarded $178,704 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CANTEMUS CHAMBER CHORUS PURPOSE: CULTURAL | $500 |
CAPE ANN VERNAL POND TEAM PURPOSE: ENVIRONMENTAL | $22,204 |
CENTER FOR NORTHER WOODLANDS EDUCATION PURPOSE: ENVIRONMENTAL | $1,000 |
IPSWICH HUMANE GROUP PURPOSE: ANIMAL WELFARE | $2,500 |
IPSWICH RIVER WATERSHED ASSOC PURPOSE: ENVIRONMENTAL | $50,000 |
MANCHESTER ESSEX CONSERVATION TRUST PURPOSE: ENVIRONMENTAL | $3,000 |