Michigan Council On Economic Education
- Assets
- $105.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Sterling Heights, MI
- Founding
- 05/1978
- Data as of
- 08/2024
- EIN
- 38-2183524
Organization Overview
Michigan Council On Economic Education is located in Sterling Heights, MI. The organization was established in 1978. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan 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 08/2024, Michigan Council On Economic Education generated $197.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $192.9k during the year ending 08/2024. While expenses have increased by 6.4% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE STUDENTS TO BECOME RESPONSIBLE, PRODUCTIVE PARTICIPANTS IN OUR COMPLEX ECONOMIC ENVIRONMENT BY PROMOTING STANDARDS, PRODUCING MATERIALS, TRAINING AND ASSESSING RESULTS.
Describe the Organization's Program Activity:
Part 3
ECONOMIC EDUCATION SUPPORT. SET STANDARDS, TRAIN TEACHERS, DEVELOP CURRICULUM, PRODUCE MATERIALS AND EVALUATE RESULTS OF ECONOMIC EDUCATION IN SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Bruttell Director | 1 | $0 | |
Derek D'angelo President | 20 | $104,770 | |
Chris Georvassilis Director | 1 | $0 | |
Kathryn Gustafson Director | 1 | $0 | |
Ted Lakkides Secretary | 1 | $0 | |
Paul D Mccarthy Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $197,009 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $104,770 |
| Professional fees and other payments to independent contractors | $27,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $61,020 |
| Total expenses | $192,872 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,322 |
| Other assets | $0 |
| Total assets | $105,657 |
| Total liabilities | $612 |
| Net assets or fund balances | $105,045 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Alpaugh Family Economic Center For Educational And Research Cincinnati, OH | $6,995,909 | $2,190,589 |
Detroit Economic Club Detroit, MI | $3,415,666 | $1,470,575 |
Partnership For Economics Education And Research Ann Arbor, MI | $1,615,456 | $2,012,260 |
Tuscarawas County Economic Development Corporation Dover, OH | $99,497 | $388,316 |
Wisconsin Council On Economic Education Inc Mequon, WI | $295,321 | $301,793 |
Michigan Council On Economic Education Sterling Heights, MI | $105,657 | $0 |
Consumer Culture Theory Consortium Inc Madison, WI | $195,962 | $0 |
Association For University Business And Economic Research Auber Muncie, IN | $240,771 | $0 |
Mansfield-Richland Area Edu Fndtn Inc Mansfield, OH | $439,548 | $0 |
Americas Turning Point Inc Crown Point, IN | $1,107,814 | $1,100,100 |