THE ECHO SOCIETY (EIN 474436874) - 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

2015

Legal Domicile

Principal Officer

ROBERT SIMONSEN

Phone

8057385500

Tax Period

2023-01-01 to 2023-12-31

THE ECHO SOCIETY, founded in 2015, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $15K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

TO FOSTER AND ENHANCE OPPORTUNITIES FOR LOCAL ARTISTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $15,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $14,316

Other Expenses $14,931

TOTAL EXPENSES $14,931

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,000	$10,620	+0.4%
Expenses	$14,931	$25	+596.2%
Net Income	$69	$10,595	-1.0%

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
ROB SIMONSEN	PRESIDENT	2.00	Officer	$0	$0	$0
BENJAMIN WYNN	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$15,000	$14,931	$8,102	$69
2022	$10,620	$25	$5,411	$10,595
2021	$5,000	$11,711	No data	$-6,711
2020	$15,935	$12,935	$1,793	$3,000
2019	$3,790	$76,344	$4,046	$-72,554
2018	$55,987	$36,001	$74,100	$19,986

THE ECHO SOCIETY