Echo Resource Development Inc

EIN: 474757377 501(c)(3) Community Improvement

Baltimore, MD

Total Revenue
$81,886
Total Expenses
$99,363
Total Assets
$98,325
Net Assets
$98,187
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MD
Principal Officer
David Brown
Tax Period
2023-01-01 to 2023-12-31

Echo Resource Development Inc, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $82K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $99K exceeded revenue, resulting in a 21% operating deficit.

Mission

Helping communities to become safe and healthy

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,331
Program Service Revenue $70,555
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,428
Fundraising Expenses $214
Program Expenses $53,568
Other Expenses $39,935
TOTAL EXPENSES $99,363

Year-over-Year Comparison

2023 2022 Change
Revenue $81,886 $99,160 -0.2%
Expenses $99,363 $81,399 +0.2%
Net Income $-17,477 $17,761 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Brown Executive Director 0.00
Officer Key Emp Highest
$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
2024 No data No data No data No data
2023 $81,886 $99,363 $98,325 $-17,477
2022 $99,160 $81,399 $130,539 $17,761
2021 $86,493 $90,560 $132,546 $-4,067
2020 $191,132 $135,018 $180,431 $56,114
2019 $111,441 $160,436 $88,559 $-48,995
2018 $207,744 $157,295 $88,147 $50,449
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Echo Resource Development Inc with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.