ECHO FOUNDATION INC

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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

2016

Principal Officer

JENNIFER NILSSON

Phone

4436162243

Tax Period

2018-01-01 to 2018-12-31

ECHO FOUNDATION INC, founded in 2016, is a small nonprofit that reported $599K in total revenue in fiscal year 2018. Revenue surged 92% from the prior year, signaling strong growth momentum.

Mission

ECHO FOUNDATION IS A NONPROFIT SUBSTANCE ABUSE RECOVERY ORGANIZATION DEDICATED TO ADVANCING SUBSTANCE ABUSE PREVENTION, EDUCATION, TREATMENT AND RECOVERY. OUR GOAL IS TO MAKE RECOVERY POSSIBLE FOR EVERYONE WHO WANTS IT. WE WORK TO PROVIDE SAFE RECOVERY HOUSING BY EDUCATING AND ADVOCATING FOR THOSE IN NEED.

Program Service Accomplishments

Program 1

Expenses: $571,423 Revenue: $586,250

WE BELIEVE THAT SAFE, SECURE HOUSING IS AN IMPORTANT PART OF ADDICTION TREATMENT. WE OFFER RECOVERY HOMES THAT PROVIDE A SAFE PLACE FOR INDIVIDUALS TO RECEIVE ADDITIONAL SUPPORT WHILE UNDERGOING...

WE BELIEVE THAT SAFE, SECURE HOUSING IS AN IMPORTANT PART OF ADDICTION TREATMENT. WE OFFER RECOVERY HOMES THAT PROVIDE A SAFE PLACE FOR INDIVIDUALS TO RECEIVE ADDITIONAL SUPPORT WHILE UNDERGOING SUBSTANCE ABUSE TREATMENT.

Program 2

Expenses: $1,516

WE PROVIDE SUBSTANCE ABUSE EDUCATION AND ADVOCACY TO THE HARFORD COUNTY, MD COMMUNITY THROUGH BOARD INVOLVMENT AND GOVERNMENT INITIATIVES.

Program 3

WE CONTINUOUSLY EDUCATE OURSELVES AND SHARE WHAT WE LEARN IN ORDER TO OFFER THE PUBLIC ACCURATE AND RELIABLE CONTENT. EACH YEAR, TENS OF THOUSANDS OF AMERICANS DIE FROM DRUG OVERDOSE. AND, THE NUMBER IS CLIMBING. THE TIME TO DO SOMETHING IS NOW. WE OFFER INFORMATION ON SUBSTANCE ABUSE AND ADDICTION TO HELP SAVE LIVES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $13,197

Program Service Revenue $584,837

Investment Income $0

Other Revenue $1,413

TOTAL REVENUE $599,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $325,880

Fundraising Expenses $0

Program Expenses $572,939

Other Expenses $272,244

TOTAL EXPENSES $598,124

Year-over-Year Comparison

	2018	2017	Change
Revenue	$599,447	$311,803	+0.9%
Expenses	$598,124	$303,774	+1.0%
Net Income	$1,323	$8,029	-0.8%

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

Volunteers

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	Role	Reportable Comp	Other Comp	Total
JAMES HAGGERTY	PRESIDENT	Officer Director	$0	$0	$0
JENNIFER NILSSON	TREASURER	Officer Director	$0	$0	$0
CHRISTINE WADE	VICE PRESIDENT	Officer Director	$0	$0	$0
JENNY STRADLING	DIRECTOR - SOCIAL MEDIA	Officer Director	$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
2018	$599,447	$598,124	$31,681	$1,323