Ecco Senior Housing Association
Ecco Senior Housing Association consistently operates at a deficit with declining assets and high liabilities.
EIN: 204957197 · Spokane, WA · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $293K |
| Program Spending | 80% |
| Net Assets | $-895,086 |
| Transparency Score | 45/100 |
Is Ecco Senior Housing Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ecco Senior Housing Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ecco Senior Housing Association
Ecco Senior Housing Association (EIN: 204957197) is a nonprofit organization based in Spokane, WA, classified under NTEE code L21. The organization reported total revenue of $206K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ecco Senior Housing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ecco Senior Housing Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $293K |
| Surplus / Deficit | $-83,724 |
| Total Assets | $2.0M |
| Total Liabilities | $2.9M |
| Net Assets | $-895,086 |
| Operating Margin | -40.0% |
| Debt-to-Asset Ratio | 144.3% |
| Months of Reserves | 82.8 months |
Financial Health Grade: C
In 2024, Ecco Senior Housing Association reported a deficit of $84K with expenses exceeding revenue, holds 82.8 months of operating reserves (strong position), has a debt-to-asset ratio of 144.3% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Ecco Senior Housing Association's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.2% | -0.1% | -4.1% |
| 2023 | -1.5% | +0.9% | -4.3% |
| 2022 | +2.5% | +20.0% | -4.1% |
| 2021 | +10.8% | +3.5% | -1.7% |
| 2020 | +1.7% | -0.1% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ecco Senior Housing Association with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ecco Senior Housing Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 144.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for minimizing overhead relative to its small revenue base.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Ecco Senior Housing Association's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) over multiple years.
- Declining asset base over the past decade.
- Liabilities consistently exceed assets, indicating a potentially precarious financial structure.
- Lack of clear information on how deficits are funded or sustained long-term.
Strengths
The following positive indicators were identified for Ecco Senior Housing Association:
- Consistent filing of IRS 990s, demonstrating transparency.
- Reported 0% officer compensation, indicating low executive overhead.
- Clear mission focus on senior housing (NTEE L21).
Frequently Asked Questions about Ecco Senior Housing Association
Is Ecco Senior Housing Association a legitimate charity?
Ecco Senior Housing Association (EIN: 204957197) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $206K. 4 red flags identified. 3 strengths noted. Financial health grade: C.
How does Ecco Senior Housing Association spend its money?
Ecco Senior Housing Association directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ecco Senior Housing Association tax-deductible?
Ecco Senior Housing Association is registered as a tax-exempt nonprofit (EIN: 204957197). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ecco Senior Housing Association's spending goes to programs?
Ecco Senior Housing Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ecco Senior Housing Association compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Ecco Senior Housing Association is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ecco Senior Housing Association located?
Ecco Senior Housing Association is headquartered in Spokane, Washington and files with the IRS under EIN 204957197. It is classified under NTEE code L21.
How many years of IRS 990 filings does Ecco Senior Housing Association have?
Ecco Senior Housing Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $206K in total revenue.
How does Ecco Senior Housing Association cover its consistent operating deficits?
The filings show consistent expenses exceeding revenue. This gap is likely covered by drawing down assets, incurring new liabilities, or potentially through non-operating income not detailed in the summary, as liabilities have remained high and assets have declined.
What is the primary source of Ecco Senior Housing Association's revenue?
The provided data only shows total revenue. To understand the primary source, one would need to examine the detailed revenue schedules within the full IRS 990 filings, which could include program service revenue, contributions, or investment income.
Why are the organization's liabilities consistently higher than its assets?
The consistent high liabilities (e.g., $2,916,001 in 202407) compared to assets (e.g., $2,020,915 in 202407) suggest significant debt or other long-term obligations, potentially related to property acquisition or maintenance, which could pose a long-term financial risk.
What specific programs does Ecco Senior Housing Association offer?
Based on the NTEE code L21 (Housing for the Elderly) and the organization's name, its primary program is likely providing housing services for seniors. The filings do not provide further detail on specific program offerings.
Filing History
IRS 990 filing history for Ecco Senior Housing Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Ecco Senior Housing Association's revenue has grown by 88.4%, moving from $111K to $209K. Total assets decreased by 29.9% over the same period, from $2.9M to $2.0M. Total functional expenses rose by 44.8%, from $202K to $293K. In its most recent filing year (2024), Ecco Senior Housing Association reported a deficit of $84K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $2.0M in assets (debt-to-asset ratio: 144.3%), resulting in net assets of $-895,086.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $209K | $293K | $2.0M | $2.9M | — | — |
| 2023 | $197K | $293K | $2.1M | $2.9M | — | View 990 |
| 2022 | $200K | $291K | $2.2M | $2.9M | — | View 990 |
| 2021 | $195K | $242K | $2.3M | $2.9M | — | View 990 |
| 2020 | $176K | $234K | $2.3M | $2.9M | — | View 990 |
| 2019 | $173K | $234K | $2.4M | $2.9M | — | View 990 |
| 2018 | $174K | $238K | $2.5M | $2.9M | — | View 990 |
| 2017 | $167K | $249K | $2.6M | $2.9M | — | View 990 |
| 2016 | $162K | $224K | $2.6M | $2.9M | — | View 990 |
| 2015 | $164K | $226K | $2.7M | $2.9M | — | View 990 |
| 2014 | $156K | $225K | $2.7M | $2.9M | — | View 990 |
| 2013 | $137K | $213K | $2.8M | $2.9M | — | View 990 |
| 2012 | $111K | $202K | $2.9M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $209K, expenses of $293K, and assets of $2.0M (revenue +6.2% year-over-year).
- 2023: Revenue of $197K, expenses of $293K, and assets of $2.1M (revenue -1.5% year-over-year).
- 2022: Revenue of $200K, expenses of $291K, and assets of $2.2M (revenue +2.5% year-over-year).
- 2021: Revenue of $195K, expenses of $242K, and assets of $2.3M (revenue +10.8% year-over-year).
- 2020: Revenue of $176K, expenses of $234K, and assets of $2.3M (revenue +1.7% year-over-year).
- 2019: Revenue of $173K, expenses of $234K, and assets of $2.4M (revenue -0.4% year-over-year).
- 2018: Revenue of $174K, expenses of $238K, and assets of $2.5M (revenue +4.0% year-over-year).
- 2017: Revenue of $167K, expenses of $249K, and assets of $2.6M (revenue +3.5% year-over-year).
- 2016: Revenue of $162K, expenses of $224K, and assets of $2.6M (revenue -1.2% year-over-year).
- 2015: Revenue of $164K, expenses of $226K, and assets of $2.7M (revenue +5.0% year-over-year).
- 2014: Revenue of $156K, expenses of $225K, and assets of $2.7M (revenue +13.5% year-over-year).
- 2013: Revenue of $137K, expenses of $213K, and assets of $2.8M (revenue +23.6% year-over-year).
- 2012: Revenue of $111K, expenses of $202K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ecco Senior Housing Association:
Data Sources and Methodology
This transparency report for Ecco Senior Housing Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.