ECHO FOUNDATION (EIN 952654647) - 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

1970

Legal Domicile

Principal Officer

MARGARET F PROCTER

Phone

3108382442

Tax Period

2024-07-01 to 2025-06-30

ECHO FOUNDATION, founded in 1970, is a mid-sized nonprofit in the Education sector that reported $10.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $9.3M left a modest 9% surplus.

Mission

ECHO HORIZON SCHOOL'S MISSION IS TO CULTIVATE A JOYFUL COMMUNITY WHERE CHILDREN BLOSSOM INTO CAPABLE SCHOLARS AND BOLD EXPLORERS OF NEW POSSIBILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,674,324

Program Service Revenue $8,324,552

Investment Income $208,029

Other Revenue $-16,511

TOTAL REVENUE $10,190,394

Expense Breakdown

Grants Paid $973,450

Salaries & Benefits $5,632,789

Fundraising Expenses $164,900

Program Expenses $5,809,504

Other Expenses $2,672,538

TOTAL EXPENSES $9,278,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,190,394	$9,237,594	+0.1%
Expenses	$9,278,777	$8,631,269	+0.1%
Net Income	$911,617	$606,325	+0.5%

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

$660,471

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZIAD TOUBASSY	CHAIR	1.00	Officer Director	$0	$0	$0
KEN NAKAYAMA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARIA PATHRIA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID STONE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHARON TAL YGUADO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON KAPLAN	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE MARTINEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
TOM CHANG	TRUSTEE	1.00	Director	$0	$0	$0
RUSSELL CONSTANTINE	TRUSTEE	1.00	Director	$0	$0	$0
ANNE ENNA	TRUSTEE	1.00	Director	$0	$0	$0
SUZIE HILLER	TRUSTEE	1.00	Director	$0	$0	$0
ANDRE JAMES	TRUSTEE	1.00	Director	$0	$0	$0
ELISHA LEVIN	TRUSTEE	1.00	Director	$0	$0	$0
PETER SCOTT	TRUSTEE	1.00	Director	$0	$0	$0
MATT SEGAL	TRUSTEE	1.00	Director	$0	$0	$0
ANGELA ARNOLD	TRUSTEE	1.00	Director	$0	$0	$0
MARGARET PROCTER	HEAD OF SCHOOL	40.00	Officer	$373,662	$27,506	$401,168
SAUNDRA SPARKS	CFO (THRU 06.24)	40.00	Officer	$154,154	$17,723	$171,877
DOUGLAS GARDNER	CFO (SINCE 07.24)	40.00	Officer	$87,156	$270	$87,426
SAMUEL PATTERSON	MAKER SPACE COORDINATOR	40.00	Highest	$149,230	$15,877	$165,107
JENNIFER WILLENS	DIRECTOR OF EARLY EDUCATION	40.00	Highest	$116,740	$12,104	$128,844
MEGAN BALTAZAR	CLASSROOM TEACHER	40.00	Highest	$120,812	$14,167	$134,979
JAKE WILLENS	CLASSROOM TEACHER	40.00	Highest	$107,516	$11,522	$119,038
RASHAAN DAVIS	DIRECTOR OF ADMISSIONS AND COMMUNITY ENGAGEMENT	40.00	Highest	$112,938	$3,046	$115,984

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	$10,190,394	$9,278,777	$13,549,351	$911,617
2024	$9,237,594	$8,631,269	$13,133,318	$606,325
2023	$7,480,976	$8,169,488	$12,404,944	$-688,512
2022	$7,213,009	$8,096,540	$8,669,107	$-883,531
2021	$7,060,102	$7,890,668	$10,080,932	$-830,566
2020	$6,212,647	$7,560,510	$10,879,051	$-1,347,863
2019	$6,254,018	$7,624,284	$11,504,457	$-1,370,266
2018	$6,441,008	$7,657,174	$13,295,674	$-1,216,166

ECHO FOUNDATION