Echo Inc
- Assets
- $3.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, VA
- Founding
- 10/1969
- Data as of
- 06/2021
- EIN
- 54-0852799
Organization Overview
Echo Inc is located in Springfield, VA. The organization was established in 1969. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Echo Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Echo Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Echo Inc has awarded 32 individual grants totaling $1,173,901. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF ECHO IS TO HELP PEOPLE IN NEED IN OUR COMMUNITY BY ASSISTING THOSE WHO SUFFER THE EFFECT OF LONG-TERM POVERTY AS WELL AS PEOPLE WHO ARE EXPERIENCING AN EMERGENCY NEED. ECHO PROVIDES FINANCIAL ASSISTANCE, FOOD, CLOTHING, HOUSEHOLD ITEMS, SCHOOL SUPPLIES AND HOLIDAY ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECHO ASSISTED 1,472 UNDUPLICATED HOUSEHOLDS (5,511 INDIVIDUALS) IN FY 2021. WHEN THE COVID-19 PANDEMIC BEGAN IN MARCH, 2020, ECHO EXPERIENCED A SHARP INCREASE IN CLIENTS NEEDING ASSISTANCE AND FOCUSED ITS EFFORTS ON FINANCIAL ASSISTANCE FOR HOUSING AND UTILITIES, FOOD ASSISTANCE, CHILDREN'S CLOTHING, AND SCHOOL BACKPACKS. THAT FOCUS CONTINUED THROUGH FY 2021. DURING THE YEAR 331 HOUSEHOLDS RECEIVED ASSISTANCE TO PAY BILLS FOR HOUSING, UTILITIES, PRESCRIPTIONS, AND OTHER ESSENTIAL NEEDS. IN ADDITION, 243 HOUSEHOLDS RECEIVED ASSISTANCE THROUGH COOPERATIVE AGREEMENTS WITH FAIRFAX COUNTY UNDER THE CARES ACT AND THE EMERGENCY RENTAL ASSISTANCE PROGRAM. CLIENTS RECEIVED 393,717 POUNDS OF FOOD PLUS $57,100 IN AN EXPANDED PROGRAM OF COUPONS FOR FRESH PRODUCE, MEAT AND MILK; 2,236 CLOTHING BAGS; AND HOUSEHOLD ITEMS VALUED AT $58,301. 1,223 CHILDREN RECEIVED BACKPACKS FILLED WITH SCHOOL SUPPLIES. INCLUDED IN THE HOUSEHOLD ITEMS WERE 14 REFURBISHED COMPUTERS AND 1,967 ENRICHMENT BAGS CONTAINING BOOKS AND TOYS FOR CHILDREN OF CLIENT FAMILIES. BEGINNING IN MARCH, ECHO PROVIDED ADDITIONAL SUPPORT TO FAMILIES WITH INFANTS AND YOUNG CHILDREN, SUPPLYING FULL CASES OF DISPOSABLE DIAPERS ON A MONTHLY BASIS. 646 FAMILIES RECEIVED HOLIDAY FOOD, AND 585 CHILDREN FROM 258 FAMILIES RECEIVED HOLIDAY GIFTS IN A PROGRAM MODIFIED TO INTEGRATE ALL COVID SAFETY REQUIREMENTS. DESPITE COVID-RELATED CHALLENGES, ECHO WAS ABLE TO MAINTAIN ITS ALL-VOLUNTEER STAFFING AT THE NECESSARY LEVELS TO MEET THE CRITICAL NEEDS OF ITS CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Vitter President, Board Of Directors | OfficerTrustee | 30 | $0 |
Dick Marvin Director; Vice President Finance | OfficerTrustee | 8 | $0 |
Fran Eck Director; Co-Secretary | OfficerTrustee | 10 | $0 |
John Heine Trustee | Officer | 4 | $0 |
John Ray Trustee (part Year) | Officer | 3 | $0 |
Eileen Short Trustee (part Year) | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $51,153 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,983,425 |
| Noncash contributions included in lines 1a–1f | $1,148,466 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,091,958 |
| Total Program Service Revenue | $0 |
| Investment income | $458 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,979 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,109,395 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,505 |
| Grants and other assistance to domestic individuals. | $1,388,111 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,241 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $28,410 |
| Information technology | $1,795 |
| Royalties | $0 |
| Occupancy | $19,527 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,555 |
| Insurance | $5,837 |
| All other expenses | $0 |
| Total functional expenses | $1,521,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,406,877 |
| Savings and temporary cash investments | $277,708 |
| Pledges and grants receivable | $46,642 |
| Accounts receivable, net | $881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $228,181 |
| Prepaid expenses and deferred charges | $9,327 |
| Net Land, buildings, and equipment | $1,514,774 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,484,390 |
| Accounts payable and accrued expenses | $1,803 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $482,949 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $484,752 |
| Net assets without donor restrictions | $2,908,610 |
| Net assets with donor restrictions | $91,028 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,484,390 |
Grants Awarded
Over the last fiscal year, Echo Inc has awarded $19,721 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Vienna, VA PURPOSE: General Support | $7,800 |
Manassas, VA PURPOSE: General Support | $6,318 |
Springfield, VA PURPOSE: Support for baby formula ministry serving needy families | $5,603 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Echo Inc has recieved totaling $47,878.
| Awarding Organization | Amount |
|---|---|
United Way Of The National Capital Area Vienna, VA PURPOSE: DESIGNATED AND/OR GRANTED IN SUPPORT OF AGENCY PROGRAMS | $45,363 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,415 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Gap Foundation San Francisco, CA PURPOSE: FOR CIVIC & COMMUNITY ENGAGEMENT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crisis Assistance Ministry Charlotte, NC | $9,210,179 | $12,946,602 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Urban Ministries Of Wake County Inc Raleigh, NC | $7,262,423 | $11,747,038 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
Mercy Chefs Inc Portsmouth, VA | $5,186,203 | $10,305,611 |
Together Rising Falls Church, VA | $3,141,872 | $7,574,993 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
Food For Others Inc Fairfax, VA | $7,441,575 | $8,993,169 |
Loaves & Fishes - Friendship Trays Inc Charlotte, NC | $17,869,265 | $11,460,660 |
Area Congregations In Ministry Oxford, NC | $198,194 | $6,149,344 |
Fry Plumbing And Heating Non Profit Washington, DC | $678 | $5,848,907 |
Raleigh Rescue Mission Incorporated Raleigh, NC | $5,794,848 | $6,401,459 |