Form 990 for tax year 2022
Filed by CALIFORNIA COUNCIL ON ECONOMIC EDUCATION.
Totals
- Total revenue
- $549,015
- Total expenses
- $759,325
- Contributions and grants received
- $655,255
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $33,345
- Other revenue
- -$139,585
- Total assets, end of year
- $1,255,944
- Total liabilities, end of year
- $44,896
- Net assets or fund balances, end of year
- $1,211,048
- Program services expenses (Part IX)
- $464,208
- Management and general expenses
- $147,439
- Fundraising expenses
- $147,678
- Program service expenses (Part III)
- $464,208
Program services were 61.1% 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.
-
1c · Fundraising events
$304,202
-
1e · Government grants (contributions)
$15,000
-
1f · All other contributions, gifts and grants
$336,053
-
3 · Investment income
total $33,345 · excluded $33,345
-
8a · Fundraising events: gross income
$923
-
8a · Fundraising events: contributions included on line 1c
$304,202
-
8b · Fundraising events: direct expenses
$150,508
-
8c · Net income from fundraising events
total -$149,585 · excluded -$149,585
-
11a · Other revenue: OTHER INCOME
total $10,000 · excluded $10,000
-
11e · Other revenue, total
$10,000
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $154,183 · program services $112,554 · management and general $15,418 · fundraising $26,211
-
7 · Other salaries and wages
total $240,831 · program services $164,020 · management and general $26,483 · fundraising $50,328
-
9 · Other employee benefits
total $7,967 · program services $5,298 · management and general $990 · fundraising $1,679
-
10 · Payroll taxes
total $29,820 · program services $20,800 · management and general $3,315 · fundraising $5,705
-
11b · Fees: legal
total $3,483 · program services $3,483
-
11c · Fees: accounting
total $50,503 · management and general $50,503
-
11g · Fees: other
total $82,647 · program services $34,399 · management and general $19,448 · fundraising $28,800
-
12 · Advertising and promotion
total $7,421 · program services $6,158 · management and general $728 · fundraising $535
-
13 · Office expenses
total $47,458 · program services $32,713 · management and general $6,167 · fundraising $8,578
-
14 · Information technology
total $30,068 · program services $7,128 · management and general $7,131 · fundraising $15,809
-
17 · Travel
total $16,380 · program services $13,012 · management and general $1,596 · fundraising $1,772
-
22 · Depreciation, depletion and amortization
total $1,109 · program services $666 · management and general $277 · fundraising $166
-
23 · Insurance
total $12,029 · program services $2,506 · management and general $8,854 · fundraising $669
-
24a · Other expenses: OTHER PROGRAM RELATED
total $23,896 · program services $22,766 · management and general $100 · fundraising $1,030
-
24b · Other expenses: HONORARIUMS
total $19,641 · program services $19,641
-
24c · Other expenses: VENUE RENTAL
total $18,391 · program services $18,391
-
24d · Other expenses: MISCELLANEOUS
total $13,498 · program services $673 · management and general $6,429 · fundraising $6,396
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $110,039 · end of year $148,149
-
2 · Savings and temporary cash investments
beginning of year $1,185,836 · end of year $971,037
-
3 · Pledges and grants receivable
beginning of year $158,285 · end of year $121,600
-
4 · Accounts receivable
beginning of year $0 · end of year $5,000
-
9 · Prepaid expenses and deferred charges
beginning of year $2,667 · end of year $2,891
-
10a · Land, buildings and equipment: cost or other basis
$29,293
-
10b · Land, buildings and equipment: accumulated depreciation
$26,084
-
10c · Land, buildings and equipment, net
beginning of year $1,847 · end of year $3,209
-
15 · Other assets
beginning of year $4,058 · end of year $4,058
-
17 · Accounts payable and accrued expenses
beginning of year $41,374 · end of year $44,896
-
27 · Net assets without donor restrictions
beginning of year $763,864 · end of year $262,874
-
28 · Net assets with donor restrictions
beginning of year $657,494 · end of year $948,174
Mission and programs · 2022
Mission
THE MISSION OF THE CALIFORNIA COUNCIL ON ECONOMIC EDUCATION IS TO IMPROVE CALIFORNIA'S ECONOMIC FUTURE BY TEACHING ECONOMICS AND FINANCIAL LITERACY, ESPECIALLY IN UNDER-SERVED COMMUNITIES. CCEE PROVIDES A BROAD RANGE OF RESOURCES AND TRAINING TO K-12 GRADE TEACHERS AND STUDENTS THROUGHOUT CALIFORNIA TO ENHANCE ECONOMIC AND FINANCIAL FLUENCY FOR TEACHERS, STUDENTS AND THEIR FAMILIES.
-
JOHN NICKOLL PROGRAMS: THE JOHN NICKOLL FAMILY FINANCIAL LITERACY EVENTS PROVIDES FINANCIAL LITERACY EDUCATION FOR LOS ANGELES UNIFIED SCHOOL DISTRICT STUDENTS, TEACHERS AND THEIR FAMILIES. STUDENTS LEARN VALUABLE LESSONS SUCH AS BUDGETING, CREDIT, BANKING BASICS, AND INVESTING. THE ONLINE AND IN-PERSON EVENTS GIVES FINANCIAL PROFESSIONALS AN OPPORTUNITY TO VOLUNTEER AND SHARE VALABLE FINANCIAL EDUCATION TO HUNDREDS OF STUDENTS AND THEIR FAMILIES. $MARTPATH IS A DIGITAL PLATFORM DESIGNED TO ASSIST TEACHERS WITH THE DIFFICULT TASK OF TEACHING ECONOMICS AND PERSONAL FINANCE TO CHILDREN IN GRADES 1ST-8TH AMID STRICT STATE STANDARDIZED TESTING REQUIREMENTS OF MATH AND ENGLISH-LANGUAGE ARTS, OFTEN DISPLACING AND DE-PRIORITIZING OTHER SUBJECT COVERAGE. TEACHERS HAVE ACCESS TO CURRICULUM THAT CAN BE TAILORED TO CLASSROOM GOALS AND FORMAT, INCLUDING TEACHERS WITH LEARNERS ACROSS THE ADVANCEMENT SPECTRUM.
Expenses $104,966
-
FAMILY FINANCIAL FUN NIGHTS (FFFN) ARE A SCHOOL-SITE PROGRAM INTENDED PRIMARILY FOR ELEMENTARY SCHOOL SITES. THESE EVENTS BRING TOGETHER YOUNG STUDENTS AND THEIR PARENTS, FAMILIES AND THE EXTENDED SCHOOL COMMUNITY FOR ACTIVITY-DRIVEN EXCHANGES ON FOUNDATIONAL PERSONAL FINANCE CONCEPTS SUCH AS NEEDS VS WANTS, BUDGETING, SAVING, CAREER PLANNING AND MORE. CCEE HAS WORKED WITH OUR AFFILIATE CENTERS TO PROVIDE MULTIPLE SUCH EVENTS AT SCHOOLS IN LOW-TO-MODERATE INCOME (LMI) COMMUNITIES ACROSS ORANGE AND SAN DIEGO COUNTIES WITH PLANS TO REACH MORE SCHOOLS AND COMMUNITIES OF NEED ACROSS THE STATE.
Expenses $17,028
-
STUDENT CONTESTS COMPRISE A GROWING NUMBER OF EVENTS HELD THROUGHOUT THE YEAR, INCLUDING THE PERSONAL FINANCE CHALLENGE, THE NATIONAL ECONOMICS CHALLENGE, THE FINANCIAL ADVISER'S CONTEST AND THE STOCK MARKET GAME. THESE EVENTS REACH THOUSANDS OF STUDENTS EACH YEAR AND PROVIDE NOVEL EXPERIENCES FOR STUDENTS TO APPLY THEIR LEARNING IN NON-CLASSROOM SETTINGS, BE MENTORED BY FINANCIAL PROFESSIONALS, SPEND TIME IN REAL-WORLD APPLICATIONS OF THE MATERIAL, AND ENJOY A COMPETITIVE EXPERIENCE WITH OTHER SIMILAR STUDENTS ACROSS THE STATE. THE IN-PERSON FINALS FOR THESE CULMINATE IN AN ON-SITE EXPERIENCE, TYPICALLY HELD AT A BRANCH LOCATION OF THE FEDERAL RESERVE BANK OF SAN FRANCISCO.
Expenses $41,298
-
TARGETED BETWEEN MIDDLE SCHOOL AND ELEMENTARY.
Expenses $300,916
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DENISE GUTIERREZ
PRESIDENT AND CEO
- Total calculated
- $153,057
- From this org
- $141,875
- From related orgs
- $0
- Other
- $11,182
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,875
- Bonus
- $15,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $11,182
- Filer's total
- $153,057
-
STEPHEN SHERLINE
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 10
-
JEFFREY M LABAUVE
VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 10
-
SHARIE SOHRABKHANI
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
KEITH DRAKE
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
KAREN ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
STEPHEN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM F COFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GREG FISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALEXANDER GOLBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AL KEAHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JIM CHARKINS PHD
DIRECTOR / CHIEF ACADEMIC
- Total calculated
- $0
- Hours/week
- 1
-
ANH NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN NICKOLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARRY PATMORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ZACK RABADI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KERRY RAPANOT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALLYSUNN WALKER-WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LORRAINE THAYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
FRANK WIMER III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAVE DES ROCHERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOAN MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CANDICE NAKAGAWA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GLORIA ROGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSHUA G MITTON
CHIEF PROGRAMS OFFICER
- Total calculated
- $104,373
- From this org
- $104,373
- From related orgs
- $0
- Other
- $0
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421239349302267
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