Next Echo Foundation Inc
Nonprofit profile at a glance
- EIN
- 822509232
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Los Angeles, CA, USA
- Phone
- 3237910255
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Printing, Publishing
Reported finances
- Revenue
- $123,232
- Expenses
- $129,661
- Assets
- $9,973
- Liabilities
- $1,819
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Adam Leipzig (CEO)
People named in this filing
- Adam Leipzig (CEO)
- Christine Lawton (Secretary)
- Betty Gower (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of Next Echo Foundation is to nurture and empower creative and socially-engaged people and their work in order to foster a culture that is vibrant, resilient, sustaining, inclusive, diverse, self-aware, and advances toward social justice. Next Echo supports creative work and journalism that shapes our culture moving forward, and work that reflects society, so we may understand ourselves more clearly. Next Echo Foundation publishes Cultural Daily and DCReport. Through this work, Next Echo Foundation also seeks to inform creative people, journalists, and their readers about opportunities, services, and products that will advance their careers and enrich their lives.
What it reported doing in 2025
Publish Cultural Daily https://www.culturaldaily.com/ and DCReport https://www.dcreport.org/ act as fiscal sponsor for Dare 2 Dance in Public Film provide information on services and products of interest to our creative writers, reporters, and larger communities.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 96
- Transparency & Controls: 100
- Sustainability: 21
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.4%; rating input score 98
- Program expense ratio: 93.5%; rating input score 93
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5.2%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 21.5% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -50.4% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 98.4% of revenue deployed · 93.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $121K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- 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.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.