Echo of Brandon Inc
Nonprofit profile at a glance
- EIN
- 593051533
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Brandon, FL, USA
- Phone
- 8136850935
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
Reported finances
- Revenue
- $6,794,267
- Expenses
- $6,711,788
- Assets
- $2,388,787
- Liabilities
- $488,659
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- TOM GALLO (PRESIDENT)
Highest reported compensation
- ELEANOR SAUNDERS (EXE. DIRECTO): $90,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Echo bridges the gap between crisis and stability. The organization operates two thriving resource centers which offer social work services, case management, one on one job coaching, mobile back to work teams, in house internships, financial assistance, and a variety of workshops. In an effort to meet immediate, critical needs, echo also maintains fully stocked fresh food and clothing mini markets. The echo team is committed to one on one service. Those served are called neighbors, rather than clients. With a strong belief that we are all in this together, the organization works with neighbors, rather than for neighbors. The ultimate goal is for each neighbor to move from crisis to stability, while connecting with staff and volunteers who are genuinely rooting for and advocating on behalf of them. Founded in 1987, echo serves the 18 zip codes that comprise unincorporated hillsborough county.
What it reported doing in 2024
Emergency food and clothing: in an effort to meet immediate, critical needs, each echo resource center maintains clean and orderly fresh food and clothing mini markets. Neighbors are invited to self-shop, up to three times per year. Each family member receives a weeks' worth of food (20 pounds per person) and a weeks' worth of clothing (5 complete outfits per family member). Victims of fire are encouraged to take reset items such as linens, kitchen items, and toiletries. Echo currently has 2 fulltime and 2 part time employees, and 1 director. These employees enjoy the support of over 150 weekly volunteers. For this fiscal yearend, 20,109 neighbors picked out their own food and clothing.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 73% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.7%; rating input score 95
- Program expense ratio: 95.8%; rating input score 96
- Fundraising efficiency: $45.35 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.2%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.36; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 79; 79th percentile among comparable filings
Growth
- Program expense growth: 13.7% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 12.2% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 69th percentile among comparable filings
Details
- Where the money goes: 94.7% of revenue deployed · 95.8% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $6.4M in reported program spending
- Leadership: top reported pay $91K · 10 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.