Echoing Green INC EIN 13-3424419 Form 990 (PDF) Claim this org

Echoing Green INC FY2023 filing

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Provides seed funding, fellowships, and support to emerging social entrepreneurs worldwide to help them launch innovative organizations and drive large-scale social change. For fiscal year 2023 it reported $29.7M in revenue, $19.8M in expenses, and $68.0M in net assets.Pt I

Founded
1987
Type
Public charity (501(c)(3)) · Education
Location
New York, NY
Website
www.echoinggreen.org
Filings
6 on file (2020–2023)
Revenue
$29.7MFY2023
Expenses
$19.8M
Net assets
$68.0M
People
30
Filings
6
Updates
0
More identity details & actions ⌄
EIN  13-3424419 Public charity (501(c)(3)) New York, NY Founded 1987
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 7/21/26 · see original: IRS
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Size
$10–100M
What they do
Provides seed funding, fellowships, and support to emerging social entrepreneurs worldwide to help them launch innovative organizations and drive large-scale social change.
Leadership
Cheryl Dorsey · President · $395K
Money in and out
$29.7M revenue, $19.8M expenses
Bottom line
80% program efficiency
Where the money goes · FY2023
Total revenue
$29.7M
Pt VIII · Ln 12
Total expenses
$19.8M
Pt IX · Ln 25
Net assets
$68.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9.9M
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.07 Fundraising $0.13
Program efficiency
80%
of spending reaches programs
Operating runway
31.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+33%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$29.7M
FY2023▲ +50%
Expenses
$19.8M
FY2023▲ +35%
Total assets
$73.6M
FY2023▲ +21%
Total liabilities
$5.6M
FY2023▲ +84%
Total revenue
$29.7M
Pt VIII · Ln 12
Total expenses
$19.8M
Pt IX · Ln 25
Net assets
$68.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9.9M
Total assetsPt X · Ln 16$73.6M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 423
Mission & Programs · Part III

Where the work happens

3 program services account for $14.2M of program spending, described in the organization's own filed words · FY2022.
01

Fellowship and Alumni Program

The fellowship program begins with a strategic and thoughtful global search for emerging social leaders who are proximate to the communities they serve; bring a diversity of talent across ethnic, gender, religious, and economic backgrounds; and exhibit success indicators beyond a traditional business plan and formal degree, such as a…

$13.7Mprogram expense
02

Onramps Program

The onramps program is a multi-phase program for black college students providing powerful opportunities to develop innovation skills, connect to echoing green's global network of social entrepreneurs, access seed funds, and pursue pathways to fellowship OPPORTUNITIES.ECHOING green works closely with hbcu partners to offer unique…

$511Kprogram expense
03

Corporate Engagement

Echoing green has a long and successful track record of developing impactful engagement offerings for business leaders. We occupy a singular space at the intersection of global business, innovation, and social impact that positions us to offer one-of-a-kind programming that benefits corporations, corporate employees, echoing green…

$69Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEchoing Green INC
EINHdr · item D13-3424419
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.echoinggreen.org
Year of formationHdr · item L1987
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82Z)
Ruling yearIRS BMFDec 1987

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b23
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
President
$395,006Pt VII · Sec A
Chief Operating Officer
$279,544Pt VII · Sec A
VP of Programs
$209,608Pt VII · Sec A
VP of Thought Leadership
$194,113Pt VII · Sec A
Director or Investments
$173,706Pt VII · Sec A
Chief of Staff
$151,430Pt VII · Sec A
Senior Dir, Partnerhips & Equity
$145,664Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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.

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Statement of Revenue

Part VIII
Contributions & grants$29.0M · 98%
Investment income$665K · 2%
Contributions & grants98%$29.0M
Investment income2%$665K
Other revenue$16K
Total revenueLn 12$29.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.07 Fundraising $0.13
Program services80%$15.9M
Management & general7%$1.4M
Fundraising13%$2.5M
Total functional expensesLn 25$19.8M

Balance Sheet

Part X · end of year
CashLn 1$25.1M
Total assetsLn 16$73.6M
Total liabilitiesLn 26$5.6M
Total net assetsLn 32$68.0M
Months of cash on handcomputed15.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $51.3M · Operating expenses/yr $19.8M
31.1 months
Where the money goes
Program services
Program services $15.9M · Total expenses $19.8M
80%
Management & General
Management & general $1.4M · Total expenses $19.8M
7%
Fundraising
Fundraising $2.5M · Total expenses $19.8M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $2.0M · Solicited contributions (3-yr avg) $34.5M
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $29.0M · Total revenue $29.7M
98%
Government reliance
Government grants — · Total revenue $29.7M
Earned-income share
Program service revenue $0 · Total revenue $29.7M
0%
Investment reliance
Investment income $665K · Total revenue $29.7M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $19.8M
0%
Growth & trend
Revenue growth (YoY)
This year $29.7M · Prior year $19.8M
+50%
Net-asset trend (YoY)
End of year $68.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $29.7M · Expenses $19.8M
+33%
Liabilities-to-Assets
Total liabilities — · Total assets $73.6M
Net-asset ratio
Net assets $68.0M · Total assets $73.6M
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $26.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $73.6M
36%
People & payroll
Highest Reported Total Compensation
Individual Cheryl Dorsey · Reported title PRESIDENT · Highest reported compensation $395K · Total expenses $19.8M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.0M · Total expenses $19.8M
25%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 7%
Fundraising cost ratio 9%
Revenue growth 50%
Investment management fee ratio 0.02%
Legal fee ratio 0.9%
Accounting fee ratio 0.2%
Fundraising fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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 →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$12.8M revenue · ⤓ 990 PDF
FY2024$19.8M revenue · ⤓ 990 PDF
FY2023$29.7M revenue · viewing · ⤓ 990 PDF
FY2022$19.8M revenue · ⤓ 990 PDF
FY2021$55.3M revenue · ⤓ 990 PDF
FY2020$9.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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