Oklahoma Council On Economic Education
- Assets
- $169.8k
- Revenue
- $406.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Edmond, OK
- Founding
- 01/1954
- Data as of
- 12/2021
- EIN
- 73-6102613
Organization Overview
Oklahoma Council On Economic Education is located in Edmond, OK. The organization was established in 1954. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. As of 12/2021, Oklahoma Council On Economic Education employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma 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 12/2021, Oklahoma Council On Economic Education generated $406.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $389.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
ECONOMIC AND PERSONAL FINANCIAL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S ENTIRE FOCUS IS ON ECONOMIC AND PERSONAL FINANCE EDUCATION IN OKLAHOMA. STAFF DEVELOPMENT IS PROVIDED FOR EDUCATORS WHO WORK WITH K-12 STUDENTS AND AT-RISK POPULATIONS IN OK. OCEE ALSO PROVIDES STUDENT PROGRAMS FOCUSED ON ECONOMIC AND PERSONAL FINANCIAL LITERACY SUCH AS THE STOCK MARKET GAME, ECONOMICS AND PERSOANL FINANCE CHALLENGES FOR HIGH-SCHOOL STUDENTS AND DRAWING FOR DOLLARS ELEMENTARY POSTER COMPETITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Lee Executive Di | Officer | 40 | $59,336 |
Steve Bagwell Audit Chair | OfficerTrustee | 1 | $0 |
Sarah Dickson Marketing Ch | OfficerTrustee | 1 | $0 |
Harrison Barbarick Budget & Fin | OfficerTrustee | 1 | $0 |
Mandy Dollar Chair | OfficerTrustee | 1 | $0 |
Daniel Garcia Past Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,208 |
| Noncash contributions included in lines 1a–1f | $166,916 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,208 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| 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 | $406,223 |
| 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. | $59,336 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $147,187 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,000 |
| Travel | $164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,495 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,406 |
| All other expenses | $49,060 |
| Total functional expenses | $389,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,954 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $33,500 |
| Accounts receivable, net | $0 |
| 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 | $2,342 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $169,796 |
| Accounts payable and accrued expenses | $78,606 |
| 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 | $78,606 |
| Net assets without donor restrictions | $91,190 |
| Net assets with donor restrictions | $0 |
| 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 | $169,796 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Oklahoma Council On Economic Education has recieved totaling $42,555.
| Awarding Organization | Amount |
|---|---|
Calvin K Kazanjian Economics Foundation Inc Scottsdale, AZ PURPOSE: SUPPORT OKLAHOMA ECONOMICS EDUCATORS PROFESSIONAL DEVELOPMENT PROJECT | $15,000 |
Council For Economic Education New York, NY PURPOSE: EDUCATION - PROFESSIONAL DEVELOPMENT | $15,000 |
Community Foundation Of Ardmore Inc Ardmore, OK PURPOSE: ARDMORE 2021 MEE COMPETITION | $7,500 |
American Fidelity Foundation Oklahoma City, OK PURPOSE: EDUCATION OUTREACH | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Council On Economic Education Denver, CO | $1,209,798 | $956,730 |
Oklahoma Council On Economic Education Edmond, OK | $169,796 | $406,223 |
Leadership Legacy Life Foundation Austin, TX | $2,449,556 | $1,214,955 |
Kansas Council On Economic Education Wichita, KS | $218,215 | $462,218 |
World Council Of Economic Policy Inc Norman, OK | $43,865 | $251,375 |
Texas Council On Economic Education Denton, TX | $43,962 | $43,021 |
Urban Economics Association Houston, TX | $160,087 | $0 |
Ronald Coase Institute St Louis, MO | $532,950 | $63,830 |
San Antonio Foundation For Free Enterprise San Antonio, TX | $193,159 | $0 |
Society Of Economic Paleontologists & Mineralogists Inc Denver, CO | $54,579 | $0 |