Echo, Inc.

Summary

ECHO (Educational Concerns for Hunger Organization) is a nonprofit, Christian organization dedicated to fighting world hunger through agriculture. ECHO supplies ideas, information, training and seeds to those working in agriculture and development overseas. By networking with community leaders and missionaries in developing countries, ECHO seeks to find agricultural solutions for families growing food under difficult conditions. ECHO has been assisting development workers and missionaries since 1981 by providing seeds, information, and ideas to people in over 160 countries.


Contact information

Mailing address:
17391 Durrance Rd.
North Fort Myers, FL 33917-3917

Website: www.echonet.org

Phone: (239) 543-3246

Email: echo@echonet.org


Organization details

EIN: 237275283

CEO/President: Mr. Stan Doerr

Chairman: Mr. Gerald R. Miller, PHD

Board size: 15

Founder: Mr. Richard Dugger

Year founded: 1973

Tax deductible: Yes

Fiscal year end: 03/31

Member of ECFA: Yes

Member of ECFA since: 1994


Purpose

ECHO (Educational Concerns for Hunger Organization) is a nonprofit, Christian organization dedicated to fighting world hunger through agriculture. ECHO supplies ideas, information, training and seeds to those working in agriculture and development overseas. By networking with community leaders and missionaries in developing countries, ECHO seeks to find agricultural solutions for families growing food under difficult conditions. ECHO has been assisting development workers and missionaries since 1981 by providing seeds, information, and ideas to people in over 160 countries.


Mission statement

ECHO describes its mission as follows:

Our primary mandate is to strengthen the ministries of missionaries and national churches as they assist small farmers or urban gardeners in the third world. We gladly offer assistance to others doing similar work, such as Peace Corps volunteers and development workers.


Statement of faith

ECHO subscribes to the following statement of faith:

We believe the Bible to be the inspired, the only infallible, authoritative Word of God.

We believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We believe in the deity and humanity of Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, in his present rule as Head of the Church, and in His personal return in power and glory.

We believe that for the salvation of lost and sinful men regeneration by the Holy Spirit is absolutely essential.

We believe in the present ministry of the Holy Spirit, by whose indwelling the Christian is enabled to live a godly life.

We believe in the resurrection of both the saved and the lost, they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ with equality across racial, gender and class differences.

Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating295 of 43050 of 60
Fund acquisition rating255 of 43041 of 60
Resource allocation rating209 of 43040 of 60
Asset utilization rating332 of 43050 of 60

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%8%7%8%8%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%6%7%7%5%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%82%80%85%85%81%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%6%6%8%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%18%20%15%15%19%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%83%83%82%82%87%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%104%100%102%84%99%
Program output ratio Program output ratio =
Program services /
Total revenue
81%86%83%83%69%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-4%0%-2%16%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-4%0%-1%15%1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%11%12%12%9%8%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.860.780.710.640.66
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.532.532.582.472.012.15
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.532.182.011.761.291.42
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.105.387.157.644.872.68
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.190.140.130.210.37
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.064.485.145.947.385.31
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%14%14%14%18%27%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%100%111%120%127%111%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$936,292$944,960$893,141$1,653,655$1,418,480
Receivables, inventories, prepaids$229,188$183,596$184,482$277,911$206,696
Short-term investments$761,827$801,614$852,055$912,749$924,752
Other current assets$62,031$77,483$211,782$41,970$13,916
Total current assets$1,989,338$2,007,653$2,141,460$2,886,285$2,563,844
Long-term investments$0$0$0$0$0
Fixed assets$3,041,405$3,179,781$3,141,082$2,917,350$2,938,901
Other long-term assets$0$0$0$0$0
Total long-term assets$3,041,405$3,179,781$3,141,082$2,917,350$2,938,901
Total assets$5,030,743$5,187,434$5,282,542$5,803,635$5,502,745
 
Liabilities20182017201620152014
Payables and accrued expenses$234,797$144,708$118,276$357,244$86,052
Other current liabilities$134,731$135,934$162,064$235,140$871,123
Total current liabilities$369,528$280,642$280,340$592,384$957,175
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$342,225$421,931$470,474$466,985$515,524
Total long-term liabilities$342,225$421,931$470,474$466,985$515,524
Total liabilities$711,753$702,573$750,814$1,059,369$1,472,699
 
Net assets20182017201620152014
Unrestricted$3,553,493$3,571,849$3,794,790$3,803,537$3,162,955
Temporarily restricted$590,131$741,690$569,600$774,932$715,473
Permanently restricted$175,366$171,322$167,338$165,797$151,618
Net assets$4,318,990$4,484,861$4,531,728$4,744,266$4,030,046
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$3,427,018$3,229,811$3,131,686$3,780,533$2,987,127
Program service revenue$295,945$349,059$333,129$316,387$287,403
Membership dues$0$0$0$0$0
Investment income$95,101$115,123($12,374)$63,306$162,322
Other revenue$362,958$328,860$250,455$281,589$235,939
Total other revenue$754,004$793,042$571,210$661,282$685,664
Total revenue$4,181,022$4,022,853$3,702,896$4,441,815$3,672,791
 
Expenses20182017201620152014
Program services$3,587,522$3,324,623$3,081,066$3,073,734$3,155,390
Management and general$461,559$465,056$436,369$343,853$305,983
Fundraising$288,135$239,872$244,385$310,008$169,330
Total expenses$4,337,216$4,029,551$3,761,820$3,727,595$3,630,703
 
Change in net assets20182017201620152014
Surplus (deficit)($156,194)($6,698)($58,924)$714,220$42,088
Other changes in net assets($9,677)($40,169)$0$0$0
Total change in net assets($165,871)($46,867)($58,924)$714,220$42,088

Response from ministry

No response has been provided by this ministry.


History

In the early 1970's Indiana businessman Richard Dugger led a group of high school students on a visit to Haiti and was deeply moved by the plight of people in developing countries. He and others made personal commitments to share their time and resources, they prayed and dreamed of ways to help meet the needs that they had seen. Other Christian laymen and clergy from Indiana and Florida caught the dream, and ECHO (Educational Concerns for Haiti Organizations) was born. Until 1981 ECHO worked on various projects in Haiti.

ECHO's role in international agricultural development was more clearly defined with the arrival of the current director, Dr. Martin Price, in June of 1981. The work in Haiti was closed, and all of ECHO's resources were directed towards strengthening the work of other organizations. Under his direction ECHO has become an ever growing pipeline for sharing information, ideas, techniques, methods, plants, books, materials, solutions ... whatever has potential to ease world hunger.

ECHO's primary functions are providing agricultural information to overseas workers, distributing seeds for promising food plants, and offering training opportunities at the Florida farm. ECHO's role and purpose as conceived in the early 1980's endures today, and as a result, ECHO's "history" is mostly a story of the expanding ministry.

The first issue of ECHO's highly regarded ECHO Development Notes (EDN) was published in 1982 and mailed to 36 interested individuals. This mailing list has grown steadily over the years. The most recent edition went out to over 3500 agricultural workers in 140 countries around the world.

Late in 1986 three large greenhouses were erected at the ECHO farm. The houses were built by winter volunteers, and now provide a better environment for some of our special crops. One greenhouse simulates rain forest conditions with frequent watering from overhead sprinklers; a second is home to a number of plants especially adapted to arid regions, and the third serves as appropriate technology demonstration. By the end of 1986 ECHO had also paid off the farm mortgage.

ECHO's expanded work is made possible by an ever-broadening base of support from private individuals and organizations. In 1985, 671 contributions totaled $70,133. By 1998 this had grown to 3823 gifts totaling over one million dollars.

Nearly every aspect of ECHO's ministry has experienced substantial growth. The permanent staff has grown to 11 members. Volunteers gave over 16,000 hours of work at ECHO last year. We now have 8 interns who reside, work and receive training for one year on the farm followed by 3 months in a Third World agricultural setting. More than 5000 visitors toured our experimental/demonstration farm last year. Each year, agricultural development workers from around the world spend from a few days to a few months at ECHO where they use the library, attend seminars, and work alongside the interns in their projects for practical, hands-on experience. We now operate a resource center that contains about 3000 books on agricultural for the Third World tropics and an edible landscape nursery focused on tropical plants.


Program accomplishments


Needs