Echo Resources
EIN: 342016797 · Walland, TN · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $69K |
| Net Assets | $3K |
Is Echo Resources Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Echo Resources
Echo Resources (EIN: 342016797) is a nonprofit organization based in Walland, TN, classified under NTEE code B90. The organization reported total revenue of $60K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Echo Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Echo Resources is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $69K |
| Surplus / Deficit | +$670 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | 1.0% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Echo Resources reported a surplus of $670 with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Echo Resources's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.9% | -24.7% | +28.1% |
| 2022 | +8.9% | +12.4% | -5.6% |
| 2021 | +33.1% | +28.1% | +10416.7% |
| 2020 | -10.1% | -16.4% | -95.5% |
| 2019 | -42.2% | -35.2% | -91.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Echo Resources has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Echo Resources with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $670, with revenue exceeding expenses.
Frequently Asked Questions about Echo Resources
Is Echo Resources a legitimate charity?
Echo Resources (EIN: 342016797) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. Financial health grade: A.
How does Echo Resources spend its money?
Echo Resources reported $60K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Echo Resources tax-deductible?
Echo Resources is registered as a tax-exempt nonprofit (EIN: 342016797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Echo Resources located?
Echo Resources is headquartered in Walland, Tennessee and files with the IRS under EIN 342016797. It is classified under NTEE code B90.
How many years of IRS 990 filings does Echo Resources have?
Echo Resources 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 $60K in total revenue.
Filing History
IRS 990 filing history for Echo Resources showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Echo Resources's revenue has declined by 50.6%, moving from $141K to $70K. Total assets decreased by 4.7% over the same period, from $3K to $3K. Total functional expenses fell by 52.3%, from $145K to $69K. In its most recent filing year (2023), Echo Resources reported a surplus of $670, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $69K | $3K | $0 | — | View 990 |
| 2022 | $92K | $92K | $2K | $0 | — | View 990 |
| 2021 | $84K | $82K | $3K | $0 | — | View 990 |
| 2020 | $63K | $64K | $24 | $0 | — | View 990 |
| 2019 | $71K | $76K | $538 | $0 | — | View 990 |
| 2018 | $122K | $118K | $6K | $0 | — | View 990 |
| 2017 | $98K | $98K | $2K | $0 | — | — |
| 2016 | $132K | $132K | $3K | $0 | — | View 990 |
| 2015 | $109K | $118K | $2K | $0 | — | View 990 |
| 2014 | $110K | $128K | $11K | $0 | — | View 990 |
| 2013 | $168K | $146K | $29K | $0 | — | View 990 |
| 2012 | $153K | $149K | $7K | $0 | — | View 990 |
| 2011 | $141K | $145K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $69K, and assets of $3K (revenue -23.9% year-over-year).
- 2022: Revenue of $92K, expenses of $92K, and assets of $2K (revenue +8.9% year-over-year).
- 2021: Revenue of $84K, expenses of $82K, and assets of $3K (revenue +33.1% year-over-year).
- 2020: Revenue of $63K, expenses of $64K, and assets of $24 (revenue -10.1% year-over-year).
- 2019: Revenue of $71K, expenses of $76K, and assets of $538 (revenue -42.2% year-over-year).
- 2018: Revenue of $122K, expenses of $118K, and assets of $6K (revenue +24.8% year-over-year).
- 2017: Revenue of $98K, expenses of $98K, and assets of $2K (revenue -26.2% year-over-year).
- 2016: Revenue of $132K, expenses of $132K, and assets of $3K (revenue +21.6% year-over-year).
- 2015: Revenue of $109K, expenses of $118K, and assets of $2K (revenue -1.2% year-over-year).
- 2014: Revenue of $110K, expenses of $128K, and assets of $11K (revenue -34.4% year-over-year).
- 2013: Revenue of $168K, expenses of $146K, and assets of $29K (revenue +10.1% year-over-year).
- 2012: Revenue of $153K, expenses of $149K, and assets of $7K (revenue +7.9% year-over-year).
- 2011: Revenue of $141K, expenses of $145K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Echo Resources:
Data Sources and Methodology
This transparency report for Echo Resources 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.