ECHO FOUNDATION INC (EIN 263684873) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Principal Officer

KYLE COFFEY

Phone

7703103134

Tax Period

2022-01-01 to 2022-12-31

ECHO FOUNDATION INC, founded in 2008, is a micro nonprofit that reported $2K in total revenue in fiscal year 2022. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 2036% operating deficit.

Mission

TO RESTORE SIGHT TO THE POOR IN HONDURAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,343

Program Service Revenue $0

Investment Income $-2,840

Other Revenue $0

TOTAL REVENUE $1,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,717

Other Expenses $32,098

TOTAL EXPENSES $32,098

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,503	$28,042	-0.9%
Expenses	$32,098	$29,330	+0.1%
Net Income	$-30,595	$-1,288	+22.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE COFFEY	PRESIDENT	N/A	Officer	$0	$0	$0
MATTHEW GIEGENGACK	DIRECTOR	N/A	Officer	$0	$0	$0
JUAN PABLO HANDAL	DIRECTOR	N/A	Officer	$0	$0	$0
PHILLIP HOOPES JR	DIRECTOR	N/A	Officer	$0	$0	$0
TIMOTHY MARTIN	DIRECTOR	N/A	Officer	$0	$0	$0
LEEANNE SWIFT	DIRECTOR	N/A	Officer	$0	$0	$0
J STUART TIMS	DIRECTOR	N/A	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$1,503	$32,098	No data	$-30,595
2021	$28,042	$29,330	$30,595	$-1,288
2020	$358,067	$425,363	$31,883	$-67,296
2019	$746,919	$745,041	$99,179	$1,878
2018	$511,675	$490,449	$97,301	$21,226

ECHO FOUNDATION INC