Form 990 for tax year 2023
Filed by ARIZONA COUNCIL ON ECONOMIC EDUCATION.
Totals
- Total revenue
- $826,431
- Total expenses
- $767,048
- Contributions and grants received
- $765,303
- Grants paid
- $27,293
- Program service revenue
- $44,429
- Investment income
- $18,596
- Other revenue
- -$1,897
- Total assets, end of year
- $1,488,713
- Total liabilities, end of year
- $137,980
- Net assets or fund balances, end of year
- $1,350,733
- Program services expenses (Part IX)
- $628,200
- Management and general expenses
- $80,502
- Fundraising expenses
- $58,346
- Program service expenses (Part III)
- $628,200
Program services were 81.9% 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
$129,666
-
1d · Related organizations
$23,000
-
1f · All other contributions, gifts and grants
$612,637
-
2a · Program service revenue: Financial Literacy
total $44,429 · related or exempt $44,429
-
3 · Investment income
total $18,596 · excluded $18,596
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$37,948
-
8a · Fundraising events: contributions included on line 1c
$129,666
-
8b · Fundraising events: direct expenses
$39,845
-
8c · Net income from fundraising events
total -$1,897 · excluded -$1,897
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $27,293 · program services $27,293
-
5 · Compensation of officers, directors and key employees
total $122,600 · program services $102,984 · management and general $11,034 · fundraising $8,582
-
7 · Other salaries and wages
total $330,295 · program services $277,448 · management and general $29,727 · fundraising $23,120
-
9 · Other employee benefits
total $15,634 · program services $13,133 · management and general $1,407 · fundraising $1,094
-
10 · Payroll taxes
total $35,267 · program services $29,624 · management and general $3,174 · fundraising $2,469
-
11c · Fees: accounting
total $15,845 · management and general $15,845
-
11g · Fees: other
total $57,406 · program services $54,917 · management and general $2,376 · fundraising $113
-
12 · Advertising and promotion
total $53,465 · program services $45,194 · management and general $4,520 · fundraising $3,751
-
13 · Office expenses
total $33,886 · program services $27,786 · management and general $5,780 · fundraising $320
-
16 · Occupancy
total $16,560 · program services $14,033 · management and general $1,383 · fundraising $1,144
-
17 · Travel
total $2,689 · program services $363 · management and general $814 · fundraising $1,512
-
19 · Conferences, conventions and meetings
total $29,979 · program services $29,145 · management and general $721 · fundraising $113
-
22 · Depreciation, depletion and amortization
total $1,543 · management and general $1,543
-
23 · Insurance
total $2,336 · program services $1,901 · management and general $242 · fundraising $193
-
24a · Other expenses: Event expense
total $14,393 · fundraising $14,393
-
24b · Other expenses: Other fees for service
total $4,425 · program services $3,717 · management and general $398 · fundraising $310
-
24c · Other expenses: Misc
total $3,432 · program services $662 · management and general $1,538 · fundraising $1,232
-
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 $188,374 · end of year $198,646
-
2 · Savings and temporary cash investments
beginning of year $1,087,470 · end of year $1,212,503
-
4 · Accounts receivable
beginning of year $1,200 · end of year $2,055
-
8 · Inventories for sale or use
beginning of year $1,787 · end of year $1,787
-
9 · Prepaid expenses and deferred charges
beginning of year $26,780 · end of year $9,217
-
10a · Land, buildings and equipment: cost or other basis
$8,828
-
10b · Land, buildings and equipment: accumulated depreciation
$6,725
-
10c · Land, buildings and equipment, net
beginning of year $3,646 · end of year $2,103
-
15 · Other assets
beginning of year $68,312 · end of year $62,402
-
17 · Accounts payable and accrued expenses
beginning of year $20,293 · end of year $46,429
-
19 · Deferred revenue
end of year $28,780
-
25 · Other liabilities
beginning of year $68,270 · end of year $62,771
-
27 · Net assets without donor restrictions
beginning of year $1,201,506 · end of year $1,157,733
Mission and programs · 2023
Mission
ACEE envisions a Financially and Economically Literate Arizona with the mission to reach and teach every Arizona student to become financially and economically responsible in work and life. With this vision, ACEE is the only organization in Arizona which serves public, charter, tribal, home, private, and juvenile detention schools. Provides teacher professional development in teaching personal finance and economics. Has a strong, affiliated academic base with universities and community colleges. Continued on schedule O.
Activities or mission (Part I)
To reach and teach every Arizona student to become financially and economically responsible in work and life.
-
In 2023, ACEE greatly expanded our programs and services in under served communities, providing professional development to 2,113 K12 teachers, and serving 284,079 socioeconomically diverse students from 600 public, charter, tribal, home, private, and juvenile detention schools statewide through 166 programs with our partners. Seventy percent of the students were from low to moderate income families living in 85 cities and all 15 counties where 23 percent were rural. ACEE was nationally recognized as the Council of the Year, the highest honor in economic education, for its outstanding service and innovation. One thousand two hundred and seven corporate and community volunteers stepped up to make a difference as judges, classroom speakers, financial fitness coaches, trainers, and advisors through 102 ACEE program events in 2023. ACEEs teacher programs continue to bring economics to life, reaching classrooms from Apache to Mohave to Cochise counties. Innovative curricula such as Using Childrens Literature to Teach Economics, Money Minutes, the Stock Market Game, and Smartpath empower teachers to bridge real life scenarios with classroom learning. Notably, eight students from Hamilton High School advanced to the national Economics Challenge and Personal Finance Challenge, bringing pride to Arizona. Innovative financial and economic education programs to support entrepreneurship and math learning are getting the attention of teachers and benefiting the students. The launch of Building Young Entrepreneurs and Money Minutes are reaching tens of thousands of diverse students and Native youth throughout the state. Continued on Schedule O.
Expenses $628,200 · Grants $27,293 · Revenue $44,429
As filed on the 2023 return.
Listed in Part VII
-
Elena Zee
President
- Total calculated
- $128,543
- From this org
- $111,543
- From related orgs
- $0
- Other
- $17,000
- Hours/week
- 50
-
Bill Callahan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill Hicks
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brian Harris
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dawn Hennings
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Debbie Henney
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robyn Hansen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jacob Gold
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jason Koeller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Judie Verb
Director
- Total calculated
- $0
- Hours/week
- 1
-
Katie Pehrson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julie Jakubek
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Kris Anest
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Kris Yamano
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Manoj Varghese
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maria Baier
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Bernal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Melody Cline-Valdes
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Staten
Director
- Total calculated
- $0
- Hours/week
- 1
-
Natalie Beck
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rachel Weiss
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Hancotte
Director
- Total calculated
- $0
- Hours/week
- 1
-
Summer Faussette
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill Davis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Emily Schwartz
Director
- Total calculated
- $0
- Hours/week
- 1
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
- 18 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411439349301026
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