Form 990 for tax year 2022

Totals

Total revenue

$242,015

Total expenses

$215,039

Contributions and grants received

$53,282

Grants paid

$0

Program service revenue

$188,733

Investment income

$0

Other revenue

$0

Total assets, end of year

$392,621

Total liabilities, end of year

$0

Net assets or fund balances, end of year

$392,621

Program services expenses (Part IX)

$184,333

Management and general expenses

$19,641

Fundraising expenses

$11,065

Program service expenses (Part III)

$184,333

Program services were 85.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• LAUNCHING ECHO ENROLLED 162 HIGH SCHOOL TEENS FROM 61 DIFFERENT HIGH SCHOOLS AND 285 MIDDLE SCHOOL STUDENTS FROM 15 DIFFERENT MIDDLE SCHOOLS, ALL OF WHOM PARTICIPATED IN A CLASSROOM BASED INTRODUCTION TO ENTREPRENEURSHIP AND CULMINATED IN VIBRANT AND VIRTUAL CAPSTONE EVENTS. HIGH SCHOOL STUDENTS DEVELOPED WRITTEN BUSINESS PLANS AND PITCH DECKS IN PREPARATION FOR THEIR PARTICIPATION IN THE HIGH SCHOOL ENTREPRENEURS BUSINESS PLAN COMPETITION. MIDDLE SCHOOL STUDENTS DEVELOPED PRESENTATION DECKS AND PRESENTED THEIR PITCH VIRTUALLY TO PANELS OF JUDGES. WINNING TEAMS WERE AWARDED MEDAL LANYARDS. (600 VOLUNTEER/MENTOR HOURS). LAUNCHING ECHO GENERALLY CHARGES PUBLIC SCHOOLS 50% OF THE ACTUAL COST TO PARTICIPATE AND ECHO RAISES THE DIFFERENCE TO ALLOW SCHOOLS TO PARTICIPATE. STUDENTS ARE NOT CHARGED.

  Expenses $55,300 · Revenue $21,923

• TEEN INNOVATION AND ENTREPRENEURSHIP SUMMER (TIES) ENROLLED MORE THAN 220 HIGH SCHOOL STUDENTS FROM 13 DIFFERENT HIGH SCHOOLS. TEENS PARTICIPATED IN A VIRTUAL SUMMER PROGRAM THAT TAUGHT STUDENTS HOW TO IDEATE AND CREATE A BUSINESS AND CULMINATED IN A VIRTUAL SHOWCASE EVENT WHERE TEENS PRESENTED THEIR PITCH DECKS. (120 VOLUNTEER/MENTORHOURS). TIES IS GENERALLY A CONTRACTED PROGRAM AND CLIENTS ARE CHARGED FULL PRICE FOR THE PROGRAM, WHICH INCLUDES LICENSING FEES, TEACHER PROFESSIONAL DEVELOPMENT, AND ON-GOING MENTORSHIP AND SUPPORT. IT INCLUDES LOS ANGELES UNIFIED SCHOOL DISTRICT, ALONG WITH OTHER CONTRACTED ORGANIZATIONS. IN SOME CASES, PROJECT ECHO PROVIDES TEACHERS TO LEAD CLASSROOM BASED INSTRUCTION, AND WE INCUR EXPENSES, INCLUDING CURRICULUM DEVELOPMENT.

  Expenses $129,033 · Revenue $166,810

As filed on the 2022 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

20 November 2023

IRS schema version

2022v5.0

Source object

202343249349300964

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