Echo Community
Echo Community shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 204729973 · Folsom, LA · NTEE: O55 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $654K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 95/100 |
Is Echo Community Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Echo Community directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Echo Community
Echo Community (EIN: 204729973) is a nonprofit organization based in Folsom, LA, classified under NTEE code O55. The organization reported total revenue of $1.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Echo Community's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Echo Community is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $654K |
| Surplus / Deficit | +$487K |
| Total Assets | $1.2M |
| Total Liabilities | $4K |
| Net Assets | $1.2M |
| Operating Margin | 42.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 21.2 months |
Financial Health Grade: A
In 2023, Echo Community reported a surplus of $487K with revenue exceeding expenses, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Echo Community's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +43.2% | +68.6% |
| 2022 | +154.7% | +31.2% | +278.2% |
| 2021 | +33.1% | +32.9% | -2.1% |
| 2020 | -24.2% | -31.1% | +41.3% |
| 2019 | +6.5% | +18.6% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2007 |
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 Echo Community with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Echo Community allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $487K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Echo Community consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly volunteer-driven leadership or a structure where executive roles are not compensated, which is a strong positive for donor confidence and resource allocation.
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.
Strengths
The following positive indicators were identified for Echo Community:
- Consistent revenue growth, from $376,918 in 2021 to $1,141,387 in 2023.
- Significant asset accumulation, reaching $1,154,622 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and transparency.
- Expenses consistently lower than revenue, suggesting effective financial management and surplus generation for mission reinvestment (e.g., 2023 revenue $1,141,387 vs. expenses $654,081).
Frequently Asked Questions about Echo Community
Is Echo Community a legitimate charity?
Echo Community (EIN: 204729973) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Echo Community spend its money?
Echo Community directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Echo Community tax-deductible?
Echo Community is registered as a tax-exempt nonprofit (EIN: 204729973). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Echo Community compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Echo Community is above average for NTEE category O55 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Echo Community located?
Echo Community is headquartered in Folsom, Louisiana and files with the IRS under EIN 204729973. It is classified under NTEE code O55.
How many years of IRS 990 filings does Echo Community have?
Echo Community 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 $1.4M in total revenue.
Is Echo Community a good charity?
Based on the available financial data, Echo Community appears to be a very good charity. It demonstrates strong financial growth, efficient spending with expenses significantly lower than revenue, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings. This suggests that funds are primarily directed towards programs and organizational growth.
How has Echo Community's revenue grown over time?
Echo Community has experienced substantial revenue growth, particularly in recent years. Revenue increased from $376,918 in 2021 to $959,995 in 2022, and further to $1,141,387 in 2023, indicating a strong upward trend in financial support.
What is Echo Community's asset growth like?
The organization's assets have grown significantly, from $181,036 in 2021 to $684,650 in 2022, and reaching $1,154,622 in 2023. This consistent asset accumulation reflects sound financial management and the building of organizational capacity.
Filing History
IRS 990 filing history for Echo Community showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Echo Community's revenue has grown by 378.6%, moving from $238K to $1.1M. Total assets increased by 2569.2% over the same period, from $43K to $1.2M. Total functional expenses rose by 197.2%, from $220K to $654K. In its most recent filing year (2023), Echo Community reported a surplus of $487K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $654K | $1.2M | $4K | — | — |
| 2022 | $960K | $457K | $685K | $0 | — | View 990 |
| 2021 | $377K | $348K | $181K | $0 | — | View 990 |
| 2020 | $283K | $262K | $185K | $33K | — | View 990 |
| 2019 | $374K | $380K | $131K | $0 | — | View 990 |
| 2018 | $351K | $321K | $137K | $0 | — | View 990 |
| 2017 | $392K | $390K | $107K | $0 | — | View 990 |
| 2016 | $380K | $368K | $106K | $0 | — | View 990 |
| 2015 | $424K | $439K | $94K | $0 | — | View 990 |
| 2014 | $421K | $392K | $110K | $1K | — | View 990 |
| 2013 | $364K | $336K | $80K | $0 | — | View 990 |
| 2012 | $271K | $262K | $52K | $0 | — | View 990 |
| 2011 | $238K | $220K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $654K, and assets of $1.2M (revenue +18.9% year-over-year).
- 2022: Revenue of $960K, expenses of $457K, and assets of $685K (revenue +154.7% year-over-year).
- 2021: Revenue of $377K, expenses of $348K, and assets of $181K (revenue +33.1% year-over-year).
- 2020: Revenue of $283K, expenses of $262K, and assets of $185K (revenue -24.2% year-over-year).
- 2019: Revenue of $374K, expenses of $380K, and assets of $131K (revenue +6.5% year-over-year).
- 2018: Revenue of $351K, expenses of $321K, and assets of $137K (revenue -10.4% year-over-year).
- 2017: Revenue of $392K, expenses of $390K, and assets of $107K (revenue +3.1% year-over-year).
- 2016: Revenue of $380K, expenses of $368K, and assets of $106K (revenue -10.6% year-over-year).
- 2015: Revenue of $424K, expenses of $439K, and assets of $94K (revenue +0.9% year-over-year).
- 2014: Revenue of $421K, expenses of $392K, and assets of $110K (revenue +15.6% year-over-year).
- 2013: Revenue of $364K, expenses of $336K, and assets of $80K (revenue +34.3% year-over-year).
- 2012: Revenue of $271K, expenses of $262K, and assets of $52K (revenue +13.6% year-over-year).
- 2011: Revenue of $238K, expenses of $220K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Echo Community:
Data Sources and Methodology
This transparency report for Echo Community 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.