California Council On Economic Education is located in Torrance, CA. The organization was established in 1987. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 06/2021, California Council On Economic Education employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Council On Economic Education 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 06/2021, California Council On Economic Education generated $522.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $619.6k during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 VALUABLE 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 FINANCIAL EDUCATION TO CHILDREN IN GRADES 1ST - 8TH. TEACHERS HAVE ACCESS TO CURRICULUM THAT CAN BE TAILORED TO CLASSROOM GOALS, INCLUDING TEACHERS OF GIFTED AND SPECIAL NEEDS. ECONOMICS AND FINANCIAL EDUCATION CONCEPTS ARE SPECIFICALLY INTEGRATED INTO CORE ACADEMIC SUBJECTS, PARTICULARLY MATH AND SOCIAL STUDIES, ENSURING THAT ECONOMICS AND FINANCIAL LITERACY CONCEPTS ARE BEING TAUGHT. PRE AND POST ASSESSMENTS ARE EMBEDDED INTO THE PLATFORM, SO TEACHERS CAN EASILY KEEP TRACK OF AND REPORT STUDENT GAINS BY STANDARD. MULTIPLE LEARNING STYLES (VISUAL, AUDITORY, AND TACTILE) ARE COVERED, MAKING IT A RICH PEDAGOGICAL EXPERIENCE FOR A VARIETY OF STUDENTS.
WORKSHOPS: CCEE PROFESSIONAL DEVELOPMENT PROGRAMS (WORKSHOPS, WEBINARS, 1:1 COACHING, ETC.) SUPPORT TEACHER EFFICACY AND FLUENCY IN ECONOMICS BY PROVIDING TEACHERS WITH THE PROPER TRAINING AND RESOURCES TO TEACH THEIR STUDENTS PERSONAL FINANCE AND ECONOMICS. CCEE CONTINUES TO RUN A DEDICATED ECONOMICS TEACHER CERTIFICATION PROGRAM WHICH IS CARRIED OUT IN TWO PHASES. PHASE 1 IS AN INITIAL TRAINING OF 40 HOURS, USUALLY DELIVERED IN-PERSON. DURING THE PANDEMIC, MODIFICATIONS TO IN-PERSON ACTIVITIES HAVE BEEN NECESSARY. PHASE 2 OF THE PROGRAM INCLUDES TEACHERS COMPLETING A PORTFOLIO OF WORK, CULMINATING IN A CONTRIBUTION TO ECONOMIC ACTIVITY IN THE COMMUNITY AND A SUMMATIVE EXIT EXAM. FOR THE CURRENT YEAR, CCEE'S PROFESSIONAL DEVELOPMENT HAS SPANNED THE K-12 GRADE RANGE, WITH 50% BEING TARGETED TO HIGH SCHOOL AND 50% BEING TARGETED BETWEEN MIDDLE SCHOOL AND ELEMENTARY.
STUDENT CONTEST: CCEE STUDENT CONTESTS PROVIDE OPPORTUNITIES FOR STUDENTS TO DISPLAY THEIR UNDERSTANDING AND PROFICIENCY IN A COMPETITIVE ENVIRONMENT TO HELP THEM GAIN CRITICAL LIFE SKILLS THROUGHOUT THEIR PREPARATION, AND AT THE CONCLUSION OF THE COMPETITION. CCEE HAS THREE DISTINCT COMPETITIONS ANNUALLY. 1) THE ADVISOR'S CONTEST: STUDENTS COMPETE IN TEAMS OF 4 PROVIDING FINANCIAL ADVISING SERVICES TO A FICTIONAL CLIENT. THEY ARE REQUIRED TO PRESENT AND PREPARE AN INVESTMENT PLAN. STUDENTS ARE MENTORED BY A FINANCIAL PROFESSIONAL AND THEIR TEACHER, LASTLY, STUDENTS PRESENT THEIR RECOMMENDATIONS TO A PANEL OF EXPERT JUDGES. 2) NATIONAL ECONOMICS CHALLENGE: STUDENTS COMPETE IN TEAMS OF 4 AND DEMONSTRATE THEIR ECONOMIC KNOWLEDGE THROUGH A SERIES OF TESTS, HIGH-STAKES QUIZ BOWL AND CRITICAL THINKING ROUND. 3) NATIONAL PERSONAL FINANCE CHALLENGE: STUDENT TEAMS PREPARE A BUDGET AND FINANCIAL PLAN IN RESPONSE TO A FICTIONAL CASE-STUDY, STUDENTS PREPARE THEIR PRESENTATION ON THE DAY-OF COMPETITION AND PRESENT IT BEFORE A PANEL OF JUDGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denise Gutierrez President And CEO | OfficerTrustee | 40 | $137,500 |
Allysunn Walker-Williams Director | Trustee | 1 | $6,600 |
Greg Fisher Director | Trustee | 1 | $750 |
Jim Charkins PHD Director / Chief Academic | Trustee | 1 | $750 |
Keith Drake Secretary | OfficerTrustee | 10 | $0 |
Stephen Sherline Chairperson | OfficerTrustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $129,565 |
Related organizations | $0 |
Government grants | $96,068 |
All other contributions, gifts, grants, and similar amounts not included above | $357,912 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $583,545 |
Total Program Service Revenue | $0 |
Investment income | $948 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$72,470 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $522,024 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $127,602 |
Compensation of current officers, directors, key employees. | $31,451 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $247,575 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,936 |
Payroll taxes | $29,422 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41,088 |
Fees for services: Lobbying | $6,233 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $54,005 |
Advertising and promotion | $10,788 |
Office expenses | $9,192 |
Information technology | $20,817 |
Royalties | $0 |
Occupancy | $30,669 |
Travel | $980 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,360 |
Insurance | $5,347 |
All other expenses | $0 |
Total functional expenses | $619,597 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $435,033 |
Savings and temporary cash investments | $1,071,761 |
Pledges and grants receivable | $4,000 |
Accounts receivable, net | $10,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,633 |
Net Land, buildings, and equipment | $2,462 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,058 |
Total assets | $1,530,947 |
Accounts payable and accrued expenses | $3,742 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,742 |
Net assets without donor restrictions | $1,281,163 |
Net assets with donor restrictions | $246,042 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,530,947 |
Over the last fiscal year, we have identified 10 grants that California Council On Economic Education has recieved totaling $166,850.
Awarding Organization | Amount |
---|---|
Nickoll Family Foundation Inc Los Angeles, CA PURPOSE: TO ENABLE THE ORGANIZATION TO SUSTAIN ITS EDUCATIONAL GOAL OF TEACHING ECONOMICS AND FINANCIAL LITERACY TO THE GENERAL PUBLIC | $50,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $30,000 |
The Coca-Cola Foundation Inc Atlanta, GA PURPOSE: CALIFORNIA COUNCIL ON ECONOMIC EDUCATION (CCEE) $MARTPATH PROGRAM | $25,000 |
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,500 |
Council For Economic Education New York, NY PURPOSE: EDUCATION - PROFESSIONAL DEVELOPMENT | $11,250 |
Organization Name | Assets | Revenue |
---|---|---|
Gen Next Foundation Irvine, CA | $7,200,762 | $1,543,430 |
Western Economic Association International Fountain Valley, CA | $4,326,194 | $1,077,738 |
Radicalxchange Foundation Ltd Moraga, CA | $882,243 | $1,183,620 |
California Council On Economic Education Torrance, CA | $1,530,947 | $522,024 |
International Foundation For Research In Experimental Economiic Tucson, AZ | $0 | $15,455 |
Thomas R Brown Foundation Tucson, AZ | $2,505,392 | $2,045,037 |
Polish American Foundation For Econ Omic Research & Education Torrance, CA | $6,908 | $141,600 |
Institute For Sustainability Education And Ecology Eugene, OR | $137,428 | $0 |
Hawaii Council On Economic Education Honolulu, HI | $15,212 | $0 |
Horizon Institute Mammoth Lakes, CA | $0 | $0 |
Sfecon Chico, CA | $151 | $0 |
Technet Foundation Inc Santa Clara, CA | $0 | $0 |