Echo Foundation
- Assets
- $48.9k
- Revenue
- $2.1k
- Investments
- $48.8k
- Employees
- 0
- Location
- Bigfork, MT
- Founding
- Data as of
- 12/2017
- EIN
- 84-1406280
Organization Overview
Echo Foundation is located in Bigfork, MT.
For the year ending 12/2017, Echo Foundation generated $2.1k 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 (18.1%) each year. All expenses for the organization totaled $14.6k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Thompson President/dir | 2 | $0 | |
Julie Thompson Sec/treas/dir | 2 | $0 | |
Melanie R Thompson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,671 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $384 |
| Capital Gain Net Income | $384 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $621 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $14,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $97 |
| 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 | $48,842 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,939 |
| 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, Echo Foundation has awarded $14,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Kalispell, MT PURPOSE: GENERAL FUND | $3,000 |
Arlington, VA PURPOSE: GENERAL FUND | $2,000 |
Bigfork, MT PURPOSE: GENERAL FUND | $2,000 |
HOPE PREGNANCY MINISTRIES PURPOSE: GENERAL FUND | $1,000 |
CHRISTIAN COUNSELING ED FOUNDATION PURPOSE: GENERAL FUND | $1,000 |
Medina, MN PURPOSE: DANGEROUS INVESTMENT CLUB | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Logan Health - Shelby Kalispell, MT | $10,902,864 | $9,872,273 |
Addictions Recovery Center Inc Medford, OR | $10,377,833 | $11,010,307 |
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Elim Senior Housing Edina, MN | $44,315,672 | $6,405,672 |
Greater Minneapolis Convention & Visitors Association Minneapolis, MN | $9,011,213 | $11,529,520 |
Graceville Health Center Graceville, MN | $5,039,622 | $9,748,613 |
Ja Worldwide Colorado Springs, CO | $6,896,881 | $8,557,870 |
Babinski Foundation Sioux Falls, SD | $69,064,544 | $9,638,668 |
Wyoming Catholic College Lander, WY | $8,783,917 | $10,070,665 |
Morris Health Services Morris, MN | $9,143,705 | $10,207,568 |
Hiv Alliance Eugene, OR | $5,539,999 | $10,222,919 |
Dave And Cheryl Duffield Foundation Incline Village, NV | $0 | $105,022,532 |