The Echo Charitable Foundation
- Assets
- $307.1k
- Revenue
- $348.1k
- Investments
- $277.0k
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 06/2014
- Data as of
- 12/2021
- 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 12/2021, Echo Charitable Foundation generated $348.1k 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 (9.0%) each year. All expenses for the organization totaled $389.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Echo Charitable Foundation has awarded 19 individual grants totaling $365,500. 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 | $318,205 |
| Interest on Savings | $5 |
| Dividends & Interest | $1,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,142 |
| Capital Gain Net Income | $394,987 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $348,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,850 |
| Printing and publications | $0 |
| Other expenses | $301 |
| Total operating and administrative expenses | $24,390 |
| Contributions, gifts, grants paid | $365,500 |
| Total expenses and disbursements | $389,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,081 |
| 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 | $307,068 |
| 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 $365,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
SWEET PAWS RESCUE PURPOSE: ANIMAL WELFARE | $102,000 |
Essex, MA PURPOSE: ENVIRONMENTAL | $100,000 |
Ipswich, MA PURPOSE: ENVIRONMENTAL | $50,000 |
CAPE ANN VERNAL POND TEAM PURPOSE: ENVIRONMENTAL | $40,000 |
Watertown, MA PURPOSE: EDUCATION | $20,000 |
Belmont, MA PURPOSE: ENVIRONMENTAL | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Actblue Civics Inc Somerville, MA | $9,393,713 | $97,519,174 |
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dana-Farber Inc Boston, MA | $2,427,985,539 | $197,856,829 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Benhaven Inc North Haven, CT | $15,268,980 | $23,482,851 |
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |