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The Echo Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562054137 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Echo Foundation?

The Echo Foundation, located in Charlotte, North Carolina, serves as an educational and charitable organization. Its primary focus is on fostering human consciousness, dignity, justice, and moral courage that leads to positive actions for humanity. They accomplish this mission through various initiatives. The Voices Against Indifferent program, designed for high school students, brings together students from diverse backgrounds to engage with socially conscious leaders and promote understanding across racial divides. The Forum of Hope initiative exposes adult leaders in the Charlotte community to individuals who have positively impacted the world from a humanitarian perspective. Lastly, the Living Together in the 21st Century program, involving over 10,000 elementary school students annually, emphasizes living together in harmony, teaching problem-solving strategies, conflict resolution, and respect for others.


Official website here: www.echofoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Echo Foundation has achieved an impressive score of 97%, reflecting its strong commitment to accountability and financial health. The rating indicates that the organization excels in maintaining a high level of transparency and governance, with an entirely independent board of directors and no material diversion of assets. The foundation’s dedication to ethical practices is demonstrated through its comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention.

Financially, The Echo Foundation exhibits a solid program expense ratio of 82.02%, which is a positive indicator of its focus on programmatic spending over administrative costs. The low liabilities to assets ratio of 2.49% further emphasizes its strong financial stability. This combination of factors positions the foundation as a reliable choice for donors seeking to support an organization with a proven track record of effective resource management.

Overall, while The Echo Foundation showcases significant strengths, potential donors and supporters should consider the importance of their specific mission alignment with the foundation’s work. The high ratings underscore the foundation's operational integrity and efficacy, making it a commendable option within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is The Echo Foundation legitimate?

The Echo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Echo Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $133,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,562

For more financial information, click here


Official website here: www.echofoundation.org

What is the mission statement of The Echo Foundation?

The Echo Foundation operates as an educational and charitable organization, with a focus on sponsoring and facilitating voices that advocate for human consciousness, dignity, justice, and moral courage. Their mission is to encourage positive action for humanity. They run various initiatives, including a high school program called Voices Against Indifferent, which promotes dialogue among students to bridge racial divides and foster understanding. The adult leadership initiative, Forum of Hope, exposes leaders to individuals who have positively impacted the world from a humanitarian perspective. Lastly, they have an elementary school program, Living Together in the 21st Century, which focuses on teaching problem-solving strategies, conflict resolution, and respect for others, engaging over 10,000 students annually.


Official website here: www.echofoundation.org

Who is the CEO of The Echo Foundation?

Stephanie G Ansaldo is the President of The Echo Foundation.


Official website here: www.echofoundation.org

What is the revenue of The Echo Foundation?

The Echo Foundation's revenue in 2022 was $52,356.


Official website here: www.echofoundation.org

Who are the executives of The Echo Foundation and what are their salaries?

The average compensation at The Echo Foundation during 2022 was $82,781. There are 2 employees and 10 volunteers at The Echo Foundation.


Here are 11 key members and their salaries:


Stephanie G Ansaldo (President)
  • Compensation: $133,000
  • Related: $0
  • Other: $0
Dr Joan F Lorden (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dmitry Vovchuk (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hennessey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice H Knezevic (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neeraj Khanna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank L Bryant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mcdowell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas D Pollan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric M Teal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark E Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.echofoundation.org

Where can I find the form 990 for The Echo Foundation?

The Echo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.echofoundation.org

Learn more at the official website: www.echofoundation.org

Mission Statement of The Echo Foundation

The Echo Foundation serves as an educational and charitable organization, with a focus on sponsoring and facilitating voices that promote human consciousness, dignity, justice, and moral courage. Through its activities and mission, the foundation aims to inspire positive action for humankind.

To achieve this, The Echo Foundation implements various initiatives. One of its programs is the Voices Against Indifferent high school initiative, which provides educational programs that bring students from diverse backgrounds together, promoting dialogue with national and international socially conscious leaders. The objective is to foster understanding and unity across racial divides, encouraging human consciousness, dignity, justice, and moral courage.

Another initiative is the Forum of Hope, an adult leadership program that exposes community leaders to individuals who have made significant contributions from a humanitarian perspective. This program aims to inspire and motivate leaders to shape their communities and the world positively, aligning with the foundation's mission of promoting positive action for humankind.

In addition, The Echo Foundation offers the Living Together in the 21st Century initiative, which targets elementary school students. This program utilizes a curriculum that teaches the importance of living together in harmony and provides strategies for conflict resolution and respect for others. Over 10,000 students participate in this program annually, furthering the foundation's mission of fostering positive action and promoting human consciousness, dignity, justice, and moral courage.

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Impact




August, 2024

The Echo Foundation's impact can be seen through its educational programs like Voices Against Indifference, Forum of Hope, and Living Together in the 21st Century. These initiatives aim to foster human consciousness, dignity, justice, and moral courage, ultimately leading to positive action for humankind. By bringing together students, community leaders, and socially conscious individuals, The Echo Foundation is actively promoting dialogue, understanding, and respect across racial divides and societal boundaries. Through its efforts, The Echo Foundation is making a tangible difference in Charlotte and beyond, shaping future generations to be more compassionate, empathetic, and socially responsible.




This information is meant to be a general summary of The Echo Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$52,356 (2022)
Expenses
$273,428 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,389
  • Gross Receipts: $178,172

Assets and Liabilities:

  • Total Assets: $539,213
  • Total Liabilities: $0
  • Net Assets: $539,213

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Organization Details

Founding Year

1997

Principal Officer

Stephanie G Ansaldo

Main Address

1125 E Morehead St Suite 101, Charlotte, NC, 28204

NTEE Category

Code: R99 - Civil rights

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