Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.18x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Down$9,973
Down $6,717 (-40%) from 2024
Net Assets
Down$8,154
Down $6,408 (-44%) from 2024
Liabilities
Down$1,819
Down $309 (-15%) from 2024
Revenue And Expenses
Revenue
Up$123,232
Up $12,303 (+11%) from 2024
Expenses
Up$129,661
Up $26,663 (+26%) from 2024
Net Income
Down-$6,429
Down $14,360 (-181%) from 2024
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Apr 4, 2026
- Return Version
- 2025v4.1
- Gross Receipts
- $123,232
Mission and Program Overview
Mission
The purpose of Next Echo Foundation is to nurture and empower creative and socially-engaged people and their work in order to foster a culture that is vibrant, resilient, sustaining, inclusive, diverse, self-aware, and advances toward social justice. Next Echo supports creative work and journalism that shapes our culture moving forward, and work that reflects society, so we may understand ourselves more clearly. Next Echo Foundation publishes Cultural Daily and DCReport. Through this work, Next Echo Foundation also seeks to inform creative people, journalists, and their readers about opportunities, services, and products that will advance their careers and enrich their lives.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Publish Cultural Daily https://www.culturaldaily.com/ and DCReport https://www.dcreport.org/ act as fiscal sponsor for Dare 2 Dance in Public Film provide information on services and products of interest to our creative writers, reporters, and larger communities. | - | $121,233 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Adam Leipzig | CEO | PT | $0 | - | - |
| Christine Lawton | Secretary | - | $0 | - | - |
| Betty Gower | Treasurer | - | $0 | - | - |
| R Daniel Foster | Director | - | $0 | - | - |
| Angelica Rose Toumbas | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Next Echo Foundation Inc
- EIN
- 82-2509232
- Phone
- 3237910255
- Address
- 215 S Santa Fe Ave 19, Los Angeles, CA 90012
Signing Officer
- Name
- Adam Leipzig
- Title
- CEO
- Signed
- 2026-04-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Malvoso CPA
- Address
- 360 Grand Ave 408, Oakland, CA 94610
- Preparer
- Shelby Malvoso
- Phone
- 5104736240
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $87493”
Other Expenses.1002
“Office Expenses $2065”
Other Expenses.1003
“Information Technology $5619”
Other Expenses.1008
“Interest $35”
Total Liabilities.1
“Accounts Payable - Beginning $2128 Accounts Payable - Ending $1819”
Raw XML Appendix158 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Adam Leipzig |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3237910255 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 215 S Santa Fe Ave 19 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Los Angeles |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90012 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16690 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9973 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 83509 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6429 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 34449 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 16690 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9973 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 123232 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14562 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 8154 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14562 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 8154 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Adam Leipzig |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Christine Lawton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Betty Gower |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | R Daniel Foster |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Angelica Rose Toumbas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 21 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 95212 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The purpose of Next Echo Foundation is to nurture and empower creative and socially-engaged people and their work in order to foster a culture that is vibrant, resilient, sustaining, inclusive, diverse, self-aware, and advances toward social justice. Next Echo supports creative work and journalism that shapes our culture moving forward, and work that reflects society, so we may understand ourselves more clearly. Next Echo Foundation publishes Cultural Daily and DCReport. Through this work, Next Echo Foundation also seeks to inform creative people, journalists, and their readers about opportunities, services, and products that will advance their careers and enrich their lives. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 39723 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Publish Cultural Daily https://www.culturaldaily.com/ and DCReport https://www.dcreport.org/ act as fiscal sponsor for Dare 2 Dance in Public Film provide information on services and products of interest to our creative writers, reporters, and larger communities. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 121233 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | DC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2128 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1819 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 129661 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 121233 |
| IRS990EZ/TotalRevenueAmt | 0 | 123232 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | nextecho.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 83509 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 39879 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52195 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 15335 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15431 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 206349 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 174823 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.97970 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.97240 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 202156 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 4193 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 83509 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 39879 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 52195 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 15335 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15431 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 206349 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 206349 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $87493 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $2065 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Information Technology $5619 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Interest $35 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Payable - Beginning $2128 Accounts Payable - Ending $1819 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1008 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Adam Leipzig |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-04-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Next Echo Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEXT |
| ReturnHeader/Filer/EIN | 0 | 822509232 |
| ReturnHeader/Filer/PhoneNum | 0 | 3237910255 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 215 S Santa Fe Ave 19 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Los Angeles |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90012 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 992204443 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Malvoso CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 360 Grand Ave 408 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Oakland |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94610 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5104736240 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Shelby Malvoso |
| ReturnHeader/ReturnTs | 0 | 2026-04-04T02:01:07-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,973
- Liabilities
- $1,819
- Net assets
- $8,154
- Revenue
- $123,232
- Expenses
- $129,661
- Net income
- -$6,429