School Of Economics
- Assets
- $1.2m
- Revenue
- $572.8k
- Investments
- $73.8k
- Employees
- 12
- Location
- Blue Springs, MO
- Founding
- 05/1993
- Data as of
- 07/2023
- EIN
- 43-1581206
Organization Overview
School Of Economics, operating under the name School of Economics, is located in Blue Springs, MO. The organization was established in 1993. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 07/2023, School of Economics employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School of Economics 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 07/2023, School of Economics generated $572.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $701.9k during the year ending 07/2023. While expenses have increased by 22.9% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO ENGAGE STUDENTS THROUGH REAL WORLD LEARNING TO PROMOTE LIFELONG FINANCIAL CAPABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOE MARKET AND MINI-TOWN ARE PROGRAMS THAT PROVIDE HANDS-ON LEARNING EXPERIENCE WHERE STUDENTS OPERATE THEIR OWN ECONOMY AND EXPERIENCE REAL WORLD DEMANDS THAT BUSINESSES AND INDIVIDUALS ENCOUNTER. SKILLS AND KNOWLEDGE LEARNED IN THE CLASSROOM ARE PUT INTO ACTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Batschke Executive Director | Officer | 40 | $95,679 |
Jennifer Matney Board President | OfficerTrustee | 2 | $0 |
Tujuania Scott Treasurer | OfficerTrustee | 2 | $0 |
Kay Coen Board Member | Trustee | 2 | $0 |
Lydia Jeter Board Member And Founder | Trustee | 2 | $0 |
Ventura Rangel Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $300,785 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,602 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $387,387 |
| Total Program Service Revenue | $184,320 |
| Investment income | $1,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $572,817 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,679 |
| Compensation of current officers, directors, key employees. | $63,351 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $225,529 |
| Pension plan accruals and contributions | $11,056 |
| Other employee benefits | $0 |
| Payroll taxes | $28,989 |
| Fees for services: Management | $4,745 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,361 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $367 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,179 |
| Office expenses | $16,348 |
| Information technology | $1,409 |
| Royalties | $0 |
| Occupancy | $147,866 |
| Travel | $2,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,994 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,696 |
| Insurance | $14,175 |
| All other expenses | $0 |
| Total functional expenses | $701,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,897 |
| Savings and temporary cash investments | $11,650 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $791 |
| 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 | $0 |
| Net Land, buildings, and equipment | $827,649 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $73,791 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,157,778 |
| Accounts payable and accrued expenses | $7,565 |
| 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 | $2,812 |
| Total liabilities | $10,377 |
| Net assets without donor restrictions | $378,451 |
| Net assets with donor restrictions | $768,950 |
| 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 | $1,157,778 |