Form 990 for tax year 2023
Filed by COLORADO COUNCIL ON ECONOMIC EDUCATION.
Totals
- Total revenue
- $774,547
- Total expenses
- $834,407
- Contributions and grants received
- $653,404
- Grants paid
- $0
- Program service revenue
- $12,025
- Investment income
- $54,251
- Other revenue
- $54,867
- Total assets, end of year
- $845,470
- Total liabilities, end of year
- $32,570
- Net assets or fund balances, end of year
- $812,900
- Program services expenses (Part IX)
- $625,922
- Management and general expenses
- $111,277
- Fundraising expenses
- $97,208
- Program service expenses (Part III)
- $625,922
Program services were 75.0% 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
$26,880
-
1f · All other contributions, gifts and grants
$626,524
-
1g · Noncash contributions included above
$440
-
2a · Program service revenue: EDUCATION PROGRAM
total $12,025 · related or exempt $12,025
-
3 · Investment income
total $54,251 · excluded $54,251
-
8a · Fundraising events: gross income
$114,850
-
8a · Fundraising events: contributions included on line 1c
$26,880
-
8b · Fundraising events: direct expenses
$61,473
-
8c · Net income from fundraising events
total $53,377
-
11a · Other revenue: PUBLICATIONS/OTHER INCOME
total $1,490 · related or exempt $1,490
-
11e · Other revenue, total
$1,490
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $137,804 · program services $62,012 · management and general $41,341 · fundraising $34,451
-
7 · Other salaries and wages
total $307,337 · program services $239,799 · management and general $36,595 · fundraising $30,943
-
8 · Pension plan contributions
total $13,083 · program services $8,855 · management and general $2,294 · fundraising $1,934
-
9 · Other employee benefits
total $20,742 · program services $17,231 · management and general $1,790 · fundraising $1,721
-
10 · Payroll taxes
total $34,618 · program services $25,098 · management and general $5,770 · fundraising $3,750
-
11a · Fees: management
total $7,000 · program services $5,600 · management and general $875 · fundraising $525
-
11c · Fees: accounting
total $9,185 · program services $7,348 · management and general $1,148 · fundraising $689
-
11f · Fees: investment management
total $1,484 · management and general $1,484
-
11g · Fees: other
total $37,334 · program services $29,867 · management and general $4,667 · fundraising $2,800
-
12 · Advertising and promotion
total $24,000 · program services $19,200 · management and general $3,000 · fundraising $1,800
-
13 · Office expenses
total $25,342 · program services $22,080 · management and general $600 · fundraising $2,662
-
14 · Information technology
total $17,813 · program services $14,251 · management and general $2,226 · fundraising $1,336
-
16 · Occupancy
total $34,611 · program services $27,690 · management and general $4,326 · fundraising $2,595
-
17 · Travel
total $9,731 · program services $8,119 · management and general $608 · fundraising $1,004
-
19 · Conferences, conventions and meetings
total $25,266 · program services $22,726 · management and general $1,526 · fundraising $1,014
-
20 · Interest
total $929 · program services $93 · management and general $766 · fundraising $70
-
22 · Depreciation, depletion and amortization
total $906 · program services $679 · management and general $159 · fundraising $68
-
23 · Insurance
total $5,946 · program services $4,757 · management and general $743 · fundraising $446
-
24a · Other expenses: PROGRAM HONORARIUM/AWARDS
total $41,965 · program services $41,965
-
24b · Other expenses: PROGRAM MATERIALS
total $30,219 · program services $29,994 · fundraising $225
-
24c · Other expenses: PROGRAM STIPENDS
total $17,035 · program services $17,035
-
24d · Other expenses: ONLINE COURSE DEVELPMENT
total $12,687 · program services $12,687
-
24e · All other expenses
total $19,370 · program services $8,836 · management and general $1,359 · fundraising $9,175
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $56,422 · end of year $196,950
-
3 · Pledges and grants receivable
beginning of year $28,000 · end of year $16,500
-
7 · Other notes and loans receivable
beginning of year $40,879
-
9 · Prepaid expenses and deferred charges
beginning of year $14,960 · end of year $12,819
-
10a · Land, buildings and equipment: cost or other basis
$23,484
-
10b · Land, buildings and equipment: accumulated depreciation
$19,306
-
10c · Land, buildings and equipment, net
beginning of year $6,872 · end of year $4,178
-
11 · Investments: publicly traded securities
beginning of year $650,168 · end of year $460,578
-
15 · Other assets
beginning of year $147,839 · end of year $154,445
-
17 · Accounts payable and accrued expenses
beginning of year $22,928 · end of year $21,896
-
19 · Deferred revenue
beginning of year $1,680
-
24 · Unsecured notes and loans payable
beginning of year $47,772
-
25 · Other liabilities
end of year $10,674
-
27 · Net assets without donor restrictions
beginning of year $631,634 · end of year $375,058
-
28 · Net assets with donor restrictions
beginning of year $241,126 · end of year $437,842
Mission and programs · 2023
Mission
OUR MISSION IS TO EMPOWER COLORADO STUDENTS TO ACHIEVE A LIFETIME OF ECONOMIC UNDERSTANDING AND FINANCIAL FREEDOM. HOW WILL WE ACHIEVE THIS MISSION? BY PROVIDING ECONOMIC AND PERSONAL FINANCIAL EDUCATION TO STUDENTS THROUGH TRAINING PROGRAMS AND CLASSROOM RESOURCES DELIVERED TO TEACHERS, SCHOOLS AND SCHOOL DISTRICTS. WE ENVISION A WORLD WHERE ALL COLORADO STUDENTS WILL LEARN THE FUNDAMENTAL ECONOMIC AND FINANCIAL DECISION-MAKING SKILLS NECESSARY TO REALIZE THEIR POTENTIAL.
Activities or mission (Part I)
EMPOWERING COLORADO STUDENTS TO ACHIEVE A LIFETIME OF ECCONOMIC UNDERSTANDING AND FINANCIAL FREEDOM.
-
OUR PRIMARY EXEMPT PURPOSE IS TO PROVIDE EDUCATION PROGRAMS AND SERVICES FOR COLORADO K-12 TEACHERS AND THE COMMUNITY TO ASSIST IN IMPROVING ECONOMIC EDUCATION AND PERSONAL FINANCIAL LITERACY FOR STUDENTS IN COLORADO K-12 SCHOOLS. WE ALSO MAKE AVAILABLE TO K-12 TEACHERS AND SCHOOL DISTRICTS A WIDE RANGE OF GRADE-APPROPRIATE ECONOMICS AND PERSONAL FINANCIAL LITERACY (PFL) CURRICULUM RESOURCES.
Expenses $453,297 · Revenue $13,515
-
WE PROVIDE PROGRAMS DIRECTLY TO COLORADO K-12 STUDENTS; THOSE PROGRAMS INCLUDE A STOCK MARKET PORTFOLIO SIMULATION PROGRAM CALLED THE STOCK MARKET EXPERIENCE (SME) AND THE INVEST IN GIRLS (IIG). THE SME PROGRAM IS PROVIDED TO TEACHERS OF COLORADO STUDENTS IN GRADES 3-12. IT IS A COMPREHENSIVE, ENGAGING, REAL-WORLD, ONLINE INVESTMENT SIMULATION. STOCK MARKET SIMULATION PROGRAMS HAVE BEEN PROVEN TO IMPROVE STUDENT LEARNING IN PFL, ECONOMICS, MATH, AND LANGUAGE ARTS. WE OPERATE SEVERAL SME SESSIONS EACH SCHOOL YEAR. THE IIG OFFERS VIRTUAL COURSES ON THE BASICS OF PERSONAL FINANCE AND INVESTING AND OFFERS IN-PERSON EXPERIENCES FOR THE STUDENTS TO MEET AND HEAR INDUSTRY PROFESSIONALS GIVE INSIGHTS AND ADVICE ABOUT CAREERS IN FINANCE.
Expenses $172,625
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
AMY SHERMAN
PRESIDENT AN
- Total calculated
- $126,761
- From this org
- $123,242
- From related orgs
- $0
- Other
- $3,519
- Hours/week
- 40
-
SLOAN SMITH
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
DAN KATZ
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
TODD VANOSDOLL
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
LIZ DONLEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
MICHELLE ADAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ERIC BUSH
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LISA CASHMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
PETER COORS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RYAN HARRIS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE HARTMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ROGER HUDSON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ADRIENNE LEONARD
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTINA MARTINEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JENNY PETTIT
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
LUIS RAMIREZ
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
NANCY RIMINGTON
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTYLE RUSSELL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SANDY SHOEMAKER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
TORY TRIPP
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
BEN WAYNE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
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
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433199349317038
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