Ecop INC

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EIN 99-3773289 Public charity (501(c)(3)) Memphis, TN NTEE J20
Form 990 (PDF)

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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Trains and places individuals with significant barriers into jobs, helping them find employment. For fiscal year 2024 it reported $582K in revenue, $665K in expenses, and $-128K in net assets.Pt I

Type
Public charity (501(c)(3)) · Employment
Location
Memphis, TN
Website
www.ecopmemphis.org
Filings
1 on file (2024–2024)
Revenue
$582KFY2024
Expenses
$665K
Net assets
$-128K
People
5
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Provided by the organization

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Size
$100K–1M
What they do
Trains and places individuals with significant barriers into jobs, helping them find employment.
Leadership
Keusi Donald · Executive Director · $73K
Money in and out
$582K revenue, $665K expenses
Bottom line
81% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

NEUTRAL

No foundation grants on file

No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →

How is the money spent?

GOOD

81% to programs

81% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Where the money goes · FY2024
Total revenue
$582K
Pt VIII · Ln 12
Total expenses
$665K
Pt IX · Ln 25
Net assets
$-128K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$84K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue less expensesPt I · Ln 19−$84K
Total assetsPt X · Ln 16$164K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CEcop INC
EINHdr · item D99-3773289
Principal addressHdr · item CMemphis, TN
WebsiteHdr · item Jwww.ecopmemphis.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFOct 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
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
Executive Director
$73,354Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Keusi Donald’s $73K as Executive Director is at the 67th percentile of top reported officer pay among 1216 $100K–1M employment 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.

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Mission & Programs · Part III

Where the work happens

1 program service account for $541K of program spending, described in the organization's own filed words · FY2024.
01

To leverage our unique Shepherd model to deliver exceptional workers to courageous employers in order to promote sustainability, living wage earnings, and economic mobility to justice-impacted adults and dislocated workers in Greater Memphis.

$541Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$435K · 75%
Contributions & grants$147K · 25%
Program service revenue75%$435K
Contributions & grants25%$147K
— government grantsLn 1e$147K
Total revenueLn 12$582K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$541K
Management & general19%$125K
Total functional expensesLn 25$665K

Balance Sheet

Part X · end of year
CashLn 1$1K
Total assetsLn 16$164K
Total liabilitiesLn 26$292K
Total net assetsLn 32$-128K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1K · Operating expenses/yr $665K
0.0 months
Where the money goes
Program services
Program services $541K · Total expenses $665K
81%
Management & General
Management & general $125K · Total expenses $665K
19%
Fundraising
Fundraising $0 · Total expenses $665K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $147K · Total revenue $582K
25%
Government reliance
Government grants $147K · Total revenue $582K
25%
Earned-income share
Program service revenue $435K · Total revenue $582K
75%
Investment reliance
Investment income $0 · Total revenue $582K
0%
Program self-sufficiency
Program service revenue $435K · Total expenses $665K
65%
Growth & trend
Revenue growth (YoY)
This year $582K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-128K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $582K · Expenses $665K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $164K
—
Net-asset ratio
Net assets $-128K · Total assets $164K
-78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $164K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Keusi Donald · Reported title Executive Director · Highest reported compensation $73K · Total expenses $665K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $535K · Total expenses $665K
80%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 19%——
Fundraising cost ratio 0%——
Accounting fee ratio 7%——

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.

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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
FY2024 (Latest)$582K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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