Ecom Foundation for Development of Origin Resources
Nonprofit profile at a glance
- EIN
- 010775179
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $341,235
- Expenses
- $207,901
- Assets
- $388,699
- Liabilities
- $12,000
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- CHRISTOPH SCHMOKER (BOARD MEMBER): $16,642 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2006, the ecom foundation for development of origin resources is a 501(c)(3) charity set up to support the global soft commodity farming communities from a social, educational and health perspective. The ecom foundation is committed to providing a sustainable relationship to ensure the social, economic, health and environmental wellbeing of rural growers, their families and communities in underdeveloped countries.
What it reported doing in 2024
$13,500 - grounds for health - kenya- project/goal: the single visit approach project in peru - grounds for health's simple and sustainable "single visit approach" helps prevent cervical cancer in low-resource coffee-growing areas. The single visit approach, which was pioneered through funding by the gates foundation, allows local health professionals to screen and treat women for cervical cancer in a single day. The ecom foundation funds training, new facilities and equipment.$10,000 - hoa trung nursery school in vietnam - the main goals for this project is to improve the school infrastructure for children of coffee farmers in di linh district, lam dong province. Also, to build and furnish a new nursery school in hoa trung to service 240 children.
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 83
- Accountability: 38
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.4%; rating input score 55
- Program expense ratio: 89.1%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 3 of 8 controls in place; rating input score 38
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Pass
- Requires financial reports: Fail
- Conducts site visits: Pass
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 25%; rating input score 25; 15th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 39.1%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.87; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -2.6% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 55.4% of revenue deployed · 89.1% of spending went to programs
- Governance: 1 of 4 board members independent · 4 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $185K in reported program spending
- Leadership: top reported pay $17K · 8 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- High — Accountability: Independent voting board scored 25/100.
- Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.