Form 990 for tax year 2022
Filed by SOUTH CAROLINA COUNCIL ON ECONOMIC EDUCATION.
Totals
- Total revenue
- $481,188
- Total expenses
- $532,499
- Contributions and grants received
- $458,451
- Grants paid
- $0
- Program service revenue
- $22,604
- Investment income
- $133
- Other revenue
- $0
- Total assets, end of year
- $396,518
- Total liabilities, end of year
- $8,678
- Net assets or fund balances, end of year
- $387,840
- Program services expenses (Part IX)
- $481,702
- Management and general expenses
- $26,411
- Fundraising expenses
- $24,386
- Program service expenses (Part III)
- $481,702
Program services were 90.5% 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
$458,451
-
1g · Noncash contributions included above
$2,144
-
2a · Program service revenue: PROGRAM REVENUE
total $22,604 · related or exempt $22,604
-
3 · Investment income
total $133 · excluded $133
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $70,000 · program services $63,325 · management and general $3,471 · fundraising $3,204
-
7 · Other salaries and wages
total $137,362 · program services $124,258 · management and general $6,813 · fundraising $6,291
-
9 · Other employee benefits
total $30,783 · program services $27,846 · management and general $1,527 · fundraising $1,410
-
10 · Payroll taxes
total $16,236 · program services $14,687 · management and general $805 · fundraising $744
-
11b · Fees: legal
total $11,972 · program services $10,830 · management and general $594 · fundraising $548
-
13 · Office expenses
total $4,642 · program services $4,199 · management and general $230 · fundraising $213
-
17 · Travel
total $1,800 · program services $1,629 · management and general $89 · fundraising $82
-
19 · Conferences, conventions and meetings
total $255,575 · program services $231,193 · management and general $12,677 · fundraising $11,705
-
22 · Depreciation, depletion and amortization
total $335 · program services $303 · management and general $17 · fundraising $15
-
23 · Insurance
total $2,530 · program services $2,289 · management and general $125 · fundraising $116
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $1,264 · program services $1,143 · management and general $63 · fundraising $58
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,426 · end of year $84,436
-
2 · Savings and temporary cash investments
beginning of year $54,967 · end of year $4,974
-
4 · Accounts receivable
beginning of year $530 · end of year $2,924
-
10a · Land, buildings and equipment: cost or other basis
$13,437
-
10b · Land, buildings and equipment: accumulated depreciation
$13,409
-
10c · Land, buildings and equipment, net
beginning of year $363 · end of year $28
-
12 · Investments: other securities
beginning of year $239,478 · end of year $304,156
-
17 · Accounts payable and accrued expenses
beginning of year $11,849 · end of year $8,678
-
27 · Net assets without donor restrictions
beginning of year $421,915 · end of year $387,840
Mission and programs · 2022
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 WORKSHOPS PROVIDE 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 $388,878
-
STATE-WIDE STOCK MARKET GAME AND OTHER COMPETITIONS PROVIDE AN EXCITING ACTIVITY-BASED LEARNING METHODOLOGY WHICH IS FUN AND RELEVANT FOR STUDENTS. PRIZES, TROPHIES, CERTIFICATES, AND RECOGNITION INVOLVES TEACHERS, STUDENTS AND PARENTS, AND REWARDS SUCCESS.
Expenses $86,514
-
SEMINARS DRAW THE COMMUNITY OF TEACHERS AND EDUCATORS TOGETHER AT CONFERENCES, SEMINARS, AND CEREMONIES IN ORDER TO SHARE BEST PRACTICES AND VALUABLE RESOURCES. ECONOMICS IS A MULTIDISCIPLINARY SUBJECT WHICH INCLUDES ALL OTHER SUBJECTS AND ADDRESSES THE DECISION-MAKING SKILLS REQUIRED TO ALLOCATE PERSONAL, FAMILY, COMMUNITY AND GLOBAL RESOURCES.
Expenses $6,310 · Revenue $22,604
As filed on the 2022 return.
Listed in Part VII
-
Brian BarkerBRIAN BARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Neil BrownNEIL BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lisa BurgessLISA BURGESS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bruce ColeBRUCE COLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John DeniseJOHN DENISE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca GunnlaussonREBECCA GUNNLAUSSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nicole HutchisonNICOLE HUTCHISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alan KahnALAN KAHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bob QuinnBOB QUINN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mickey RennerMICKEY RENNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cherie SandersonCHERIE SANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vincent SchianoVINCENT SCHIANO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark WilliamsMARK WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James MorrisJAMES MORRIS
CEO
- Total calculated
- $70,000
- From this org
- $70,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Nicholas MoellmanNICHOLAS MOELLMAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Betty BestBETTY BEST
SECRETARY-TREASURER
- 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
- 2022
- Filed
- 26 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410579349301366
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.