Assisting top emerging social entrepreneurs to create innovative social change worldwide.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $9.1M a year · 37% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
28 mo
of spending, in cash
Looks good: 27.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
25
named funders · $11.2M
Looks good: 25 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
23
of 24 voting members
Looks good: 23 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$55.3M
+472% vs prior year
Spent
$9.5M
To programs
73%
Net assets
$52.7M
By yearFY2020–FY2025
Revenue
$55.3M
FY2021▲ +472%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.7M
FY2021$55.3M
FY2022$19.8M
FY2023$29.7M
FY2024$19.8M
FY2025$12.8M
Expenses
$9.5M
FY2021▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.5M
FY2021$9.5M
FY2022$14.7M
FY2023$19.8M
FY2024$22.0M
FY2025$18.1M
Net assets
$52.7M
FY2021▲ +669%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.9M
FY2021$52.7M
FY2022$57.7M
FY2023$68.0M
FY2024$65.8M
FY2025$60.7M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $6.9M Management & general 11% · $1.1M Fundraising 16% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Head of Impact
$239,667Pt VII · Sec A
President
$229,799Pt VII · Sec A
Chief Operating Officer
$221,582Pt VII · Sec A
VP of External Affairs
$159,909Pt VII · Sec A
VP of Thought Leadership
$143,184Pt VII · Sec A
Creative Director
$120,570Pt VII · Sec A
Chief of Staff
$114,414Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Cheryl Dorsey’s $425K as President is at the 83rd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Cheryl Dorsey$424,588$387,461$395,006$227,057$229,799$230,000
Sharyanne McSwain$340,998$282,317$279,544$219,228$221,582$150,400
Kimberly Osagie$276,145$228,978$209,608———
Elizabeth Mueller$264,221$206,413$194,113$207,442$143,184—
Laura Weidman Powers————$239,667—
Kathleen Duff$211,427$183,767————
Swandajani Suseno$192,007—————
Stacy Dm Lewis$190,563$173,551————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Echoing Green INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides seed funding, fellowships, and support to emerging social entrepreneurs worldwide to help them launch innovative organizations and drive large-scale social change.

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Provided by the organization

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3 programs · $6.9M · in their own filed words · FY2020
01

Fellowship and alumni programechoing green's fellowship program identifies a diverse group of social impact entrepreneurs, invests millions of dollars into seed funding and has buillt a network of more than 800+ best-in-class social entrepreneurs worldwide with deep focus on communities of color and racial equity.

$5.7Mprogram expense
02

Thought leadershipthought leadership will support echoing green's mission to advance global equity and sustainability by increasing our impact potential and influencing the fields of social innovation and philanthropy to move significant resources and shift power to proximate leaders and their communities.

$1.1Mprogram expense
03

Employee engagementechoing green creates opportunities for corporate employees to engage in building a multi-racial, multi-generational and cross-sector coalition to dismantle structural racism.

$210Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 25 funders →
Grants paid · 355 grants · $21.0M · 2019–2024
Wellthi Technologies INCFY2024$250,000
Evmatch INCFY2024$250,000
VulvaiFY2024$100,000
Trubel&coDE · FY2024$100,000
Southern Movement CommitteeTN · FY2024$100,000
Sami HealthFY2024$100,000
Nutrible INCFY2024$100,000
New Voters OrgPA · FY2024$100,000
Health in Her HueFY2024$100,000
Halcyon HouseDC · FY2024$100,000
Conconnect Holding CorpFY2024$100,000
Freecap FinancialFY2024$90,000
Vocal JusticeFY2024$50,000
Appellate Project INCDC · FY2024$50,000
Tasselturn EducationIL · FY2024$50,000
See all 355 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$55.3M
Ln 12
Gifts and grantsLn 1h$55.5M
Fees for servicesLn 2g$128K
Investment incomeLn 3$69K
Money outPt IX
$9.5M
Ln 25
Programscol B$6.9M
Managementcol C$1.1M
Fundraisingcol D$1.5M
Owns and owesPt X
$52.7M
net assets · Ln 32
Cash and savingsLn 1–2$22.0M
Total assetsLn 16$54.0M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
30
listed · VII A
PaidVII A7
Voting boardVI 1a24
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$55.5M
Government grantsLn 1e$630K
Noncash giftsLn 1g$10.3M
Fees for servicesLn 2g$128K
Investment incomeLn 3$69K
Gains on assetsLn 7−$380K
Total revenueLn 12$55.3M
Assets in detailPt X, end of year
CashLn 1$936K
SavingsLn 2$21.1M
Cash and savings togetherLn 1–2$22.0M
InvestmentsLn 11–13$9.8M
Land, buildings, equipmentLn 10c$108K
Other assetsLn 15$112K
Total assetsLn 16$54.0M
LiabilitiesLn 26$1.3M
Net assetsLn 32$52.7M
OperationsPt I, VI
EmployeesI 535
VolunteersI 6975
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.2M$22.0M
InvestmentsLn 11–13$9.8M
Land, buildings, equipmentLn 10c$272K$108K
Total assetsLn 16$9.6M$54.0M
LiabilitiesLn 26$2.8M$1.3M
Net assetsLn 32$6.9M$52.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.2M$2.2M
Grants to domestic individualsLn 2$113K$113K
Grants and assistance to foreign recipientsLn 3$260K$260K
Pay of current officers, directors and key staffLn 5$487K$305K$133K$49K
Other salaries and wagesLn 7$2.7M$2.0M$319K$361K
Pension plan contributionsLn 8$114K$87K$11K$16K
Other employee benefitsLn 9$79K$65K$1K$12K
Payroll taxesLn 10$608K$464K$60K$84K
Management feesLn 11a$906K$611K$288K$6K
Legal feesLn 11b$9K$9K
Accounting feesLn 11c$85K$85K
Professional fundraising feesLn 11e$788K$788K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$314K$215K$61K$37K
OccupancyLn 16$559K$408K$67K$84K
TravelLn 17$14K$9K$4K$629
Depreciation, depletion and amortizationLn 22$163K$119K$20K$24K
Other expenses (24a–d)Ln 24$70K$3K$22K$46K
Total functional expensesLn 25$9.5M$6.9M$1.1M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.8M$18.1M−$5.4M$60.7M 990 PDF
FY2024 $19.8M$22.0M−$2.2M$65.8M 990 PDF
FY2023 $29.7M$19.8M$9.9M$68.0M 990 PDF
FY2022 $19.8M$14.7M$5.1M$57.7M 990 PDF
FY2021 Viewing $55.3M$9.5M$45.8M$52.7M 990 PDF
FY2020 $9.7M$8.5M$1.2M$6.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $55,333,472 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,576,654$55,487,644
I-9 Program service revenuePrior year $50,000$128,290
I-10 Investment incomePrior year $16,714−$311,041
I-11 Other revenuePrior year $27,125$28,579
I-12 Total revenuePrior year $9,670,493$55,333,472
I-13 Grants and similar amounts paidPrior year $1,360,868$2,583,308
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,302,080$4,010,019
I-16a Professional fundraising feesPrior year $157,669$787,776
I-17 Other expensesPrior year $2,650,754$2,132,944
I-18 Total expensesPrior year $8,471,371$9,514,047
I-19 Revenue less expensesPrior year $1,199,122$45,819,425
Part VI · Governance 23 of 24 board members independent, no flags
VI-1a Voting members of the governing body24
VI-1b Independent voting members23
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $55,333,472 across 9 lines filed
VIII-1e Government grants$630,158
VIII-1f All other contributions, gifts and grants$54,857,486
VIII-1g Noncash contributions (included above)$10,269,538
VIII-1h Total contributions, gifts and grants$55,487,644
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $128,290$128,290
VIII-3 Investment incomeExcluded from tax $68,701$68,701
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$379,742−$379,742
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $28,579$28,579
VIII-12 Total revenueRelated to mission $156,869 · Unrelated business $0 · Excluded from tax −$311,041$55,333,472
Part IX · Statement of functional expenses $9,514,047 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $2,210,492$2,210,492
IX-2 Grants to domestic individualsPrograms $112,875$112,875
IX-3 Grants and assistance to foreign recipientsPrograms $259,941$259,941
IX-5 Pay of current officers, directors and key staffPrograms $305,012 · Management $132,874 · Fundraising $48,654$486,540
IX-7 Other salaries and wagesPrograms $2,042,566 · Management $319,454 · Fundraising $360,936$2,722,956
IX-8 Pension plan contributionsPrograms $87,169 · Management $10,810 · Fundraising $16,141$114,120
IX-9 Other employee benefitsPrograms $65,256 · Management $1,488 · Fundraising $12,032$78,776
IX-10 Payroll taxesPrograms $463,532 · Management $59,932 · Fundraising $84,163$607,627
IX-11a Management feesPrograms $611,377 · Management $288,407 · Fundraising $6,119$905,903
IX-11b Legal feesManagement $9,236$9,236
IX-11c Accounting feesManagement $84,883$84,883
IX-11e Professional fundraising feesFundraising $787,776$787,776
IX-12 Advertising and promotionPrograms $11,895$11,895
IX-13 Office expensesPrograms $215,070 · Management $61,367 · Fundraising $37,431$313,868
IX-16 OccupancyPrograms $408,313 · Management $67,129 · Fundraising $83,941$559,383
IX-17 TravelPrograms $9,417 · Management $3,905 · Fundraising $629$13,951
IX-22 Depreciation, depletion and amortizationPrograms $119,231 · Management $19,600 · Fundraising $24,499$163,330
IX-24 Other expenses (24a–d)Programs $2,621 · Management $21,945 · Fundraising $45,929$70,495
IX-25 Total functional expensesPrograms $6,924,767 · Management $1,081,030 · Fundraising $1,508,250$9,514,047
Part X · Balance sheet $54,047,472 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $2,480,247$936,008
X-2 Savings and temporary cash investmentsStart of year $3,740,859$21,059,028
X-3 Pledges and grants receivableStart of year $3,013,935$21,732,215
X-8 Inventories for sale or useStart of year $4,923$4,923
X-9 Prepaid expenses and deferred chargesStart of year $14,707$270,661
X-10c Land, buildings and equipment, netStart of year $271,816$108,486
X-11 Publicly traded securities$9,824,339
X-15 Other assetsStart of year $111,812$111,812
X-16 Total assetsStart of year $9,638,299$54,047,472
X-17 Accounts payable and accrued expensesStart of year $247,329$606,751
X-18 Grants payableStart of year $1,662,017$193,054
X-19 Deferred revenue$306,710
X-25 Other liabilitiesStart of year $239,100$198,643
X-26 Total liabilitiesStart of year $2,778,604$1,305,158
X-27 Net assets without donor restrictionsStart of year $3,161,996$24,633,862
X-28 Net assets with donor restrictionsStart of year $3,697,699$28,108,452
X-32 Total net assets or fund balancesStart of year $6,859,695$52,742,314
X-33 Total liabilities and net assetsStart of year $9,638,299$54,047,472
Part XI · Reconciliation of net assets $52,742,314 net assets at year end
XI-1 Total revenue$55,333,472
XI-2 Total expenses$9,514,047
XI-3 Revenue less expenses$45,819,425
XI-4 Net assets at start of year$6,859,695
XI-5 Net unrealized gains (losses) on investments−$19,556
XI-9 Other changes in net assets$82,750
XI-10 Net assets at end of year$52,742,314

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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