Skip to content
Nonprofiteer
← SOUTH CAROLINA COUNCIL ON ECONOMIC EDUCATION

Form 990 for tax year 2024

Filed by SOUTH CAROLINA COUNCIL ON ECONOMIC EDUCATION.

Totals

Total revenue
$563,019
Total expenses
$524,653
Contributions and grants received
$550,919
Grants paid
$0
Program service revenue
$12,082
Investment income
$18
Other revenue
$0
Total assets, end of year
$491,646
Total liabilities, end of year
$24,798
Net assets or fund balances, end of year
$466,848
Program services expenses (Part IX)
$493,596
Management and general expenses
$20,709
Fundraising expenses
$10,348
Program service expenses (Part III)
$493,596

Program services were 94.1% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $550,919

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $12,082 · related or exempt $12,082

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $18 · excluded $18

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $74,527 · program services $63,348 · management and general $7,453 · fundraising $3,726

  • 7 · Other salaries and wages

    total $84,574 · program services $71,888 · management and general $8,457 · fundraising $4,229

  • 9 · Other employee benefits

    total $11,903 · program services $10,118 · management and general $1,190 · fundraising $595

  • 10 · Payroll taxes

    total $11,507 · program services $9,781 · management and general $1,151 · fundraising $575

  • 11c · Fees: accounting

    total $12,621 · program services $10,728 · management and general $1,262 · fundraising $631

  • 11f · Fees: investment management

    total $3,279 · program services $3,279

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $1,227 · program services $1,043 · management and general $123 · fundraising $61

  • 14 · Information technology

    total $4,100 · program services $3,485 · management and general $410 · fundraising $205

  • 17 · Travel

    total $2,940 · program services $2,499 · management and general $294 · fundraising $147

  • 22 · Depreciation, depletion and amortization

    total $529 · program services $423 · management and general $74 · fundraising $32

  • 23 · Insurance

    total $2,142 · program services $1,821 · management and general $214 · fundraising $107

  • 24a · Other expenses: DUES & MEMBERSHIP

    total $805 · program services $684 · management and general $81 · fundraising $40

  • 24b · Other expenses: PROGRAM EXPENSES

    total $314,499 · program services $314,499

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $89,712 · end of year $136,506

  • 2 · Savings and temporary cash investments

    beginning of year $906 · end of year $906

  • 4 · Accounts receivable

    beginning of year $3,827 · end of year $5,600

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $1,087

  • 10a · Land, buildings and equipment: cost or other basis

    $4,975

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,773

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $1,202

  • 12 · Investments: other securities

    beginning of year $315,666 · end of year $346,345

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,587 · end of year $14,798

  • 19 · Deferred revenue

    beginning of year $0 · end of year $10,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $394,524 · end of year $466,848

Mission and programs · 2024

Mission

SC ECONOMICS IS THE ONLY SC NON-PROFIT ORGANIZATION EXCLUSIVELY DEDICATED TO IMPROVING ECONOMIC EDUCATION AND FINANCIAL LITERACY BY PREPARING TEACHERS AND STUDENTS TO BE ACTIVE, SUCCESSFUL, AND PROSPEROUS MEMBERS OF OUR GLOBAL ECONOMY.

Activities or mission (Part I)

TO PROMOTE ECONOMIC LITERACY THROUGHOUT SC SCHOOLS.

  • TEACHER TRAINING PROVIDES QUALITY PROFESSIONAL DEVELOPMENT TO TEACHERS IN ORDER TO IMPROVE THEIR CONTENT KNOWLEDGE IN ECONOMICS AND PERSONAL FINANCE. THIS ALSO IMPROVES TEACHER CONFIDENCE BY SHARING BEST PRACTICES, LESSON PLANS, AND RESOURCES FOR ENGAGING STUDENTS.

    Expenses $398,480

  • STATE-WIDE CONTESTS AND COMPLETIONS, INCLUDING THE STOCK MARKET GAME, ECONOMICS CHALLENGE, AND PERSONAL FINANCE CHALLENGE. THESE COMPETITIONS PROVIDE AN EXCITING ACTIVITY-BASED LEARNING METHODOLOGY WHICH IS FUN AND RELEVANT FOR STUDENTS. PRIZES, TROPHIES, CERTIFICATES, AND RECOGNITION INVOLVE TEACHERS, STUDENTS, AND PARENTS, TO REWARD THEIR SUCCESS.

    Expenses $88,650

  • THE SC FINANCIAL LITERACY MASTER TEACHER PROGRAM INCENTIVES TEACHERS TO ADVOCATE FOR ECONOMICS AND PERSONAL FINANCE IN THEIR CLASSROOM, SCHOOL, AND DISTRICT. IT HAS A NEW COHORT OF TEACHERS EACH YEAR (COHORT 6 2024-25) THAT ARE REQUIRED TO PASS A NATIONALLY RECOGNIZED CONTENT EXAM, ATTEND PROFESSIONAL DEVELOPMENT, AND LEAD PROFESSIONAL DEVELOPMENT TO THEIR PEERS ABOUT ECONOMICS AND PERSONAL FINANCE.

    Expenses $6,466 · Revenue $12,082

As filed on the 2024 return.

Listed in Part VII

  • Betty Best

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Nikki Hutchison

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Alan Kahn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bob Quinn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brian Barker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bruce Cole

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cherie Sanderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dwayne Bates

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • John Denise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Burgess

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mickey Renner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Moellman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Gunnlaugsson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vincent Schiano

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chandler Jordan

    EXECUTIVE DIRECTOR

    Total calculated
    $87,414
    From this org
    $80,752
    From related orgs
    $0
    Other
    $6,662
    Hours/week
    40

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
2024
Filed
11 November 2025
IRS schema version
2024v5.1
Source object
202513159349303641

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.