Alabama Council On Economic Education Inc
- Assets
- $154.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Birmingham, AL
- Founding
- 11/1969
- EIN
- 23-7048024
Organization Overview
Alabama Council On Economic Education Inc is located in Birmingham, AL. The organization was established in 1969. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 09/2021, Alabama Council On Economic Education Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Council On Economic Education Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Alabama Council On Economic Education Inc generated $169.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $117.7k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
THE CORE MISSION OF ACEE IS TO PROMOTE, AND IMPROVE ECONOMIC, AND FINANCIAL EDUCATION FOR K-12 STUDENTS IN ALABAMA'S SCHOOLS. ACEE PROVIDES COMPREHENSIVE PROFESSIONAL DEVELOPMENT, PROGRAMS, AND CURRICULUM RESOURCES FOR TEACHERS IN ECONOMICS AND PERSONAL FINANCE. MULTIPLE CLASSROOM PROGRAMS FOR STUDENTS ARE OFFERED THROUGHOUT THE STATE. ACEE DELIVERS CURRICULUM ALIGNED WITH ALABAMA STATE DEPARTMENT OF EDUCATION STANDARDS AND GRADUATION REQUIREMENTS.
Describe the Organization's Program Activity:
Part 3
A SERIES OF WORKSHOPS AND OTHER CLASSROOM PROGRAMS. THE WORKSHOPS CONNECT EDUCATORS TO INDUSTRY AND ALLOWS TEACHERS TO PARTICIPATE IN INTERACTIVE HANDS ON LESSONS THE EXAMINE THE IMPORTANCE OF ALABAMA'S INDUSTRIAL ECONOMY AND HISTORY. THE PROGRAMS ARE PROJECT BASED LEARNING COMPETITIONS THAT MOTIVATE STUDENTS BY USING POPULAR MEDIA TO REINFORCE BASIC ECONOMIC PRINCIPLES.
THE STOCK MARKET GAME - OFFERED TWICE A YEAR, THE 10 WEEK ONLINE TRADING GAME IS ENJOYED BY MORE THAN 10,000 STUDENTS ANNUALLY. ACEE IS THE STATE AFFILIATE FOR THE SIFMA SPONSORED PROGRAM, WHICH IS OFFERED AROUND THE COUNTRY.
THE COSTS COVER DEVELOPMENT OF NEW WORKSHOPS, NEW PROGRAMS SUCH AS FAMILY FINANCIAL LITERACY NIGHTS, AND ACEE'S ANNUAL AWARDS LUNCHEON FOR TEACHERS AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Lax Treasurer | 0 | $0 | |
Sam Adams Director | 0 | $0 | |
Wanda Mcabee Director | 0 | $0 | |
Maurice Moody Director | 0 | $0 | |
Robert B Nielsen Director | 0 | $0 | |
Berdis A Blanding III Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,909 |
| Total Program Service Revenue | $5,478 |
| Membership dues | $0 |
| Investment income | $4,766 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $169,153 |
| Statement of Expenses | |
|---|---|
| Total expenses | $117,686 |
| Balance Sheet | |
|---|---|
| Total assets | $154,124 |
| Total liabilities | $865 |
| Net assets or fund balances | $153,259 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alabama Council On Economic Education Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Economic Education Inc Atlanta, GA | $13,111,057 | $7,371,269 |
Ludwig Von Mises Institute For Austrian Economics Inc Auburn, AL | $45,587,383 | $8,440,639 |
Georgia Council On Economic Education atlanta, GA | $6,404,945 | $1,048,495 |
Florida Council On Economic Education Inc Tampa, FL | $802,439 | $754,663 |
Atlantic Economic Society Atlanta, GA | $82,236 | $186,565 |
Alabama Council On Economic Education Inc Birmingham, AL | $154,124 | $0 |
Economic Club Of Tampa Inc Tampa, FL | $44,771 | $0 |
Ifera Inc Oviedo, FL | $114,192 | $0 |
Foundation For Wealth Building Inc Ormond Beach, FL | $485,559 | $44,628 |
Southern Agricultural Economics Association Griffin, GA | $327,503 | $0 |
Socionomics Foundation Inc Gainesville, GA | $30,103 | $5,385 |