Is Echoz Legit?

Strengths

Strong and consistent asset growth, nearly tripling from $661,076 in 2014 to $1,643,418 in 2023.
Very low liabilities relative to assets, indicating strong financial health and minimal debt burden.
Consistent revenue generation and positive net income in most years, contributing to financial reserves.
No reported officer compensation, suggesting a highly efficient or volunteer-driven executive structure.

Spending Breakdown

How Echoz allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Echoz

Is Echoz a legitimate charity?

Based on AI analysis of IRS 990 filings, Echoz (EIN: 201728956) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Echoz a good charity to donate to?

Echoz has a Mission Score of 88/100. Revenue: $862K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Echoz?

The Employer Identification Number (EIN) for Echoz is 201728956. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Echoz spend its money?

Echoz allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Echoz's tax-exempt status?

You can verify Echoz's tax-exempt status using EIN 201728956 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Echoz demonstrates consistent financial growth and strong asset accumulation over the past decade. Revenue has steadily increased from $421,782 in 2014 to $549,343 in 2023, with a peak of $609,237 in 2016. The organization's assets have also shown remarkable growth, nearly tripling from $661,076 in 2014 to $1,643,418 in 2023, indicating sound financial management and reinvestment. Liabilities remain very low, consistently below 3% of assets, which is a positive indicator of financial stability and low debt burden.

The organization's spending efficiency appears robust, as expenses have generally remained well below revenue, allowing for asset growth. For example, in 2023, expenses were $391,984 against revenues of $549,343, resulting in a significant surplus. A key aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation falling below reporting thresholds, but in either case, it indicates a lean administrative structure regarding top salaries. This practice, if sustained, contributes positively to donor confidence regarding how funds are allocated.

While specific program spending percentages are not provided in the raw data, the overall financial health, low liabilities, and lack of reported officer compensation suggest a well-managed and potentially program-focused organization. Further analysis of their detailed 990 forms would be needed to precisely determine the program spending ratio, but the available data points to a financially stable and responsible entity.

Verdict: Echoz appears trustworthy

Red Flags