Echo, Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/22/2021. To update the information in this column, please email: info@ministrywatch.com


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: info@echonet.org


Organization details

EIN: 237275283

CEO/President: David Erickson

Chairman: Denny Morrow, Ph.D.

Board size: 10

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.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating723 of 91356 of 75
Fund acquisition rating501 of 91543 of 75
Resource allocation rating551 of 91546 of 75
Asset utilization rating813 of 91362 of 75

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%7%7%8%7%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%6%7%6%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%86%84%82%80%85%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%6%6%7%6%6%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%14%16%18%20%15%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%84%82%83%83%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%100%104%104%100%102%
Program output ratio Program output ratio =
Program services /
Total revenue
83%83%86%86%83%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%0%-4%-4%0%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%1%-4%-4%0%-1%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%10%12%11%12%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.720.960.930.860.780.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.343.082.662.532.582.47
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.852.962.472.182.011.76
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.494.516.205.387.157.64
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.220.160.190.140.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.153.154.084.485.145.94
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%16%15%14%14%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
48%88%92%100%111%120%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$577,217$671,052$936,292$944,960$893,141
Receivables, inventories, prepaids$212,787$237,159$229,188$183,596$184,482
Short-term investments$699,436$832,265$761,827$801,614$852,055
Other current assets$95,055$69,524$62,031$77,483$211,782
Total current assets$1,584,495$1,810,000$1,989,338$2,007,653$2,141,460
Long-term investments$0$0$0$0$0
Fixed assets$3,295,728$3,013,058$3,041,405$3,179,781$3,141,082
Other long-term assets$0$0$0$0$0
Total long-term assets$3,295,728$3,013,058$3,041,405$3,179,781$3,141,082
Total assets$4,880,223$4,823,058$5,030,743$5,187,434$5,282,542
 
Liabilities20202019201820172016
Payables and accrued expenses$225,602$170,323$234,797$144,708$118,276
Other current liabilities$125,878$121,598$134,731$135,934$162,064
Total current liabilities$351,480$291,921$369,528$280,642$280,340
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$421,680$414,022$342,225$421,931$470,474
Total long-term liabilities$421,680$414,022$342,225$421,931$470,474
Total liabilities$773,160$705,943$711,753$702,573$750,814
 
Net assets20202019201820172016
Without donor restrictions$3,482,603$3,666,570$3,553,493$3,571,849$3,794,790
With donor restrictions$624,460$450,545$765,497$913,012$736,938
Net assets$4,107,063$4,117,115$4,318,990$4,484,861$4,531,728
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$4,041,247$3,603,469$3,427,018$3,229,811$3,131,686
Program service revenue$373,202$334,019$295,945$349,059$333,129
Membership dues$0$0$0$0$0
Investment income($118,080)($2,257)$95,101$115,123($12,374)
Other revenue$418,406$353,059$362,958$328,860$250,455
Total other revenue$673,528$684,821$754,004$793,042$571,210
Total revenue$4,714,775$4,288,290$4,181,022$4,022,853$3,702,896
 
Expenses20202019201820172016
Program services$3,931,369$3,681,705$3,587,522$3,324,623$3,081,066
Management and general$475,175$515,876$461,559$465,056$436,369
Fundraising$285,910$267,191$288,135$239,872$244,385
Total expenses$4,692,454$4,464,772$4,337,216$4,029,551$3,761,820
 
Change in net assets20202019201820172016
Surplus (deficit)$22,321($176,482)($156,194)($6,698)($58,924)
Other changes in net assets($32,373)($25,393)($9,677)($40,169)$0
Total change in net assets($10,052)($201,875)($165,871)($46,867)($58,924)

Compensation

NameTitleCompensation
David EricksonPresident & CEO$106,397
Timothy AlbrightCOO$92,069

Compensation data as of: 3/31/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/22/2021. To update the information below, please email: info@ministrywatch.com


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