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

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$1.6M 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

FY2024 · 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Plus $30.8M in investments, Pt X · Ln 11–13
Looks good: 13.9 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
$8.6M
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 22 voting members
Looks good: 21 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$19.8M
-33% vs prior year
Spent
$22.0M
To programs
80%
Net assets
$65.8M
By yearFY2020–FY2025
Revenue
$19.8M
FY2024▼ -33%
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
$22.0M
FY2024▲ +11%
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
$65.8M
FY2024▼ -3%
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 FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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

80 cents of each dollar spent went to programs.

Program services 80% · $17.6M Management & general 9% · $2.0M Fundraising 11% · $2.4M

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

28 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$387,461Pt VII · Sec A
Chief Operating Officer
$282,317Pt VII · Sec A
Vice President, Programs
$228,978Pt VII · Sec A
Vice President, Thought Leadership
$206,413Pt VII · Sec A
Chief of Staff
$185,425Pt VII · Sec A
Vice President, Development
$183,767Pt VII · Sec A
Senior Director, HR & Operations
$173,551Pt 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.

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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 · $17.3M · in their own filed words · FY2023
01

Fellowship and Alumni Program

The fellowship program begins with a strategic and thoughtful global search for emerging leaders who are from the communities they serve. Through this search process, echoing green identifies transformational leaders who are often overlooked by traditional funding SOURCES.FELLOWS are provided with leadership development training…

$15.5Mprogram expense
02

Thought Leadership

Echoing green brings together and works alongside a cohort of sector leaders to develop a shared agenda among global field intermediaries and academics, fostering recognition, trust, and investment from global influencers to drive meaningful impact at scale.

$1.5Mprogram 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 impact that positions us to offer on-of-a-kind programming that benefits corporations, corporate employees, echoing green fellows and…

$253Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$19.8M
Ln 12
Gifts and grantsLn 1h$17.8M
Investment incomeLn 3$2.0M
Other incomeLn 4–11$2K
Money outPt IX
$22.0M
Ln 25
Programscol B$17.6M
Managementcol C$2.0M
Fundraisingcol D$2.4M
Owns and owesPt X
$65.8M
net assets · Ln 32
Cash and savingsLn 1–2$25.4M
Total assetsLn 16$74.4M
LiabilitiesLn 26$8.6M
PeoplePt VI, VII
28
listed · VII A
PaidVII A7
Voting boardVI 1a22
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17.8M
Investment incomeLn 3$2.0M
Other incomeLn 4–11$2K
Gains on assetsLn 7$31K
Total revenueLn 12$19.8M
Assets in detailPt X, end of year
CashLn 1$12.6M
SavingsLn 2$12.8M
Cash and savings togetherLn 1–2$25.4M
InvestmentsLn 11–13$30.8M
Land, buildings, equipmentLn 10c$12K
Other assetsLn 15$2.8M
Total assetsLn 16$74.4M
LiabilitiesLn 26$8.6M
Net assetsLn 32$65.8M
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 FY24End FY24
Cash and savingsLn 1–2$25.1M$25.4M
InvestmentsLn 11–13$26.2M$30.8M
Land, buildings, equipmentLn 10c$31K$12K
Total assetsLn 16$73.6M$74.4M
LiabilitiesLn 26$5.6M$8.6M
Net assetsLn 32$68.0M$65.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.5M$5.5M
Grants to domestic individualsLn 2$26K$26K
Grants and assistance to foreign recipientsLn 3$3.8M$3.8M
Pay of current officers, directors and key staffLn 5$777K$495K$204K$78K
Other salaries and wagesLn 7$4.0M$2.7M$610K$720K
Pension plan contributionsLn 8$144K$80K$25K$38K
Other employee benefitsLn 9$192K$111K$29K$52K
Payroll taxesLn 10$867K$502K$151K$214K
Management feesLn 11a$3.6M$2.8M$432K$310K
Legal feesLn 11b$134K$62K$67K$5K
Accounting feesLn 11c$42K$42K
Professional fundraising feesLn 11e$733K$733K
Investment management feesLn 11f$57K$57K
Office expensesLn 13$23K$16K$3K$3K
Information technologyLn 14$585K$398K$86K$101K
OccupancyLn 16$622K$417K$93K$112K
TravelLn 17$271K$225K$29K$17K
Depreciation, depletion and amortizationLn 22$20K$13K$3K$4K
Other expenses (24a–d)Ln 24$581K$389K$165K$27K
Total functional expensesLn 25$22.0M$17.6M$2.0M$2.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.8M$18.1M−$5.4M$60.7M 990 PDF
FY2024 Viewing $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 $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 R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $19,759,875 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $29,032,032$17,770,880
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $665,138$1,986,558
I-11 Other revenuePrior year $15,810$2,437
I-12 Total revenuePrior year $29,712,980$19,759,875
I-13 Grants and similar amounts paidPrior year $8,218,785$9,335,845
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,033,253$6,028,420
I-16a Professional fundraising feesPrior year $687,900$733,095
I-17 Other expensesPrior year $5,871,515$5,898,842
I-18 Total expensesPrior year $19,811,453$21,996,202
I-19 Revenue less expensesPrior year $9,901,527−$2,236,327
Part VI · Governance 21 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members21
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 $19,759,875 across 6 lines filed
VIII-1f All other contributions, gifts and grants$17,770,880
VIII-1h Total contributions, gifts and grants$17,770,880
VIII-3 Investment incomeExcluded from tax $1,955,976$1,955,976
VIII-7 Net gain or loss on sales of assetsExcluded from tax $30,582$30,582
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,437$2,437
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,988,995$19,759,875
Part IX · Statement of functional expenses $21,996,202 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $5,470,345$5,470,345
IX-2 Grants to domestic individualsPrograms $25,500$25,500
IX-3 Grants and assistance to foreign recipientsPrograms $3,840,000$3,840,000
IX-5 Pay of current officers, directors and key staffPrograms $495,058 · Management $204,264 · Fundraising $77,701$777,023
IX-7 Other salaries and wagesPrograms $2,718,911 · Management $609,643 · Fundraising $719,964$4,048,518
IX-8 Pension plan contributionsPrograms $79,980 · Management $25,490 · Fundraising $38,151$143,621
IX-9 Other employee benefitsPrograms $110,654 · Management $29,073 · Fundraising $52,325$192,052
IX-10 Payroll taxesPrograms $501,660 · Management $151,248 · Fundraising $214,298$867,206
IX-11a Management feesPrograms $2,823,222 · Management $432,063 · Fundraising $310,494$3,565,779
IX-11b Legal feesPrograms $62,247 · Management $67,402 · Fundraising $4,580$134,229
IX-11c Accounting feesManagement $41,543$41,543
IX-11e Professional fundraising feesFundraising $733,095$733,095
IX-11f Investment management feesManagement $57,124$57,124
IX-13 Office expensesPrograms $16,130 · Management $3,110 · Fundraising $3,422$22,662
IX-14 Information technologyPrograms $397,978 · Management $85,932 · Fundraising $100,622$584,532
IX-16 OccupancyPrograms $416,904 · Management $93,319 · Fundraising $111,997$622,220
IX-17 TravelPrograms $224,605 · Management $28,925 · Fundraising $17,168$270,698
IX-22 Depreciation, depletion and amortizationPrograms $13,096 · Management $2,932 · Fundraising $3,518$19,546
IX-24 Other expenses (24a–d)Programs $389,035 · Management $164,544 · Fundraising $26,930$580,509
IX-25 Total functional expensesPrograms $17,585,325 · Management $1,996,612 · Fundraising $2,414,265$21,996,202
Part X · Balance sheet $74,391,016 assets, 17 lines filed
Asset lines not itemized here account for $412,958; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $11,474,110$12,636,282
X-2 Savings and temporary cash investmentsStart of year $13,593,823$12,771,372
X-3 Pledges and grants receivableStart of year $21,406,101$13,981,478
X-9 Prepaid expenses and deferred chargesStart of year $296,734$1,004,337
X-10c Land, buildings and equipment, netStart of year $31,473$11,927
X-11 Publicly traded securitiesStart of year $26,220,275$30,533,675
X-12 Other securities$250,000
X-15 Other assetsStart of year $569,282$2,788,987
X-16 Total assetsStart of year $73,591,798$74,391,016
X-17 Accounts payable and accrued expensesStart of year $1,098,869$885,404
X-18 Grants payableStart of year $3,945,458$4,987,393
X-25 Other liabilitiesStart of year $536,884$2,703,812
X-26 Total liabilitiesStart of year $5,581,211$8,576,609
X-27 Net assets without donor restrictionsStart of year $40,052,338$40,630,812
X-28 Net assets with donor restrictionsStart of year $27,958,249$25,183,595
X-32 Total net assets or fund balancesStart of year $68,010,587$65,814,407
X-33 Total liabilities and net assetsStart of year $73,591,798$74,391,016
Part XI · Reconciliation of net assets $65,814,407 net assets at year end
XI-1 Total revenue$19,759,875
XI-2 Total expenses$21,996,202
XI-3 Revenue less expenses−$2,236,327
XI-4 Net assets at start of year$68,010,587
XI-5 Net unrealized gains (losses) on investments$131,272
XI-9 Other changes in net assets−$91,125
XI-10 Net assets at end of year$65,814,407

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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