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Virginia Council On Economic Education

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237087052 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Council On Economic Education?

Virginia Council On Economic Education, located at 301 W MAIN STREET BOX 84400, Richmond, VA 23284, is a dedicated nonprofit organization. Its primary mission is to empower K-12 teachers across Virginia by offering them high-quality professional development workshops and resources, free of charge. This enables educators to teach essential economics and personal finance skills more effectively, preparing their students for success in today's dynamic economy. In FY22, VCEE organized 71 sessions, catering to 1,353 teachers, offering a range of session durations. Being Virginia's primary resource for K-12 teachers seeking professional development, curriculum, and materials in economics and personal finance, VCEE plays a crucial role in equipping the future generation with essential financial literacy skills.


Official website here: www.vcee.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

The Virginia Council On Economic Education has earned a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. With an Accountability & Finance Score of 81 and a high Program Expense Ratio of 75.54%, the organization demonstrates effective allocation of resources towards its mission. Additionally, the presence of a fully independent board and policies for conflict of interest and whistleblower protection further bolster its credibility.

Strengths of the organization include an exceptional Leadership & Adaptability Score of 100, indicating robust governance and strategic planning. The lack of material diversion of assets is also a positive sign for potential donors, ensuring that contributions are used as intended for programmatic activities. The board's size of 40 independent members suggests a diverse and thorough approach to leadership.

However, while the overall scores are promising, the Culture & Community Score of 73 indicates room for improvement in fostering community engagement and organizational culture. Addressing this aspect could enhance the nonprofit's impact and effectiveness in achieving its educational goals.


This AI summary has been generated from information found on Charity Navigator.

Is Virginia Council On Economic Education legitimate?

Virginia Council On Economic Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Council On Economic Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $132,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.vcee.org

What is the mission statement of Virginia Council On Economic Education?

The Virginia Council on Economic Education's mission is to equip Virginia's K-12 students with the essential economic knowledge and financial skills necessary for success in today's dynamic economy. They accomplish this by offering professional development and classroom resources free of charge to all Virginia K-12 teachers who instruct economics and personal finance. Through these workshops and resources, the council aims to enhance teachers' abilities to effectively teach these subjects, thereby empowering their students to thrive in the economic landscape. In the fiscal year 2022, the council provided various workshops and sessions to over 1,300 teachers.


Official website here: www.vcee.org

Who is the CEO of Virginia Council On Economic Education?

Unavailable The CEO's salary of Virginia Council On Economic Education is $132,000 and their total compensation is $132,000.


Official website here: www.vcee.org

What is the revenue of Virginia Council On Economic Education?

Virginia Council On Economic Education's revenue in 2022 was $1,160,946.


Official website here: www.vcee.org

Who are the executives of Virginia Council On Economic Education and what are their salaries?

The average compensation at Virginia Council On Economic Education during 2022 was $44,000. There are 3 employees at Virginia Council On Economic Education.


Here are 41 key members and their salaries (Virginia Council On Economic Education's CEO's salary is $132,000 and their total compensation is $132,000):


Daniel R Mortensen (President And Ceo)
  • Compensation: $132,000
  • Related: $0
  • Other: $0
Neil Amin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kartik Athreya (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James W Dyke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rasheeda Creighton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Billingslea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanne Strickler Byrd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley H Gunter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank G Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan F Dewey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L James Borges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Oscarlyn Elder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne M Gallagher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chung Ma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derwood S Chase (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
O Kate Scott (Member Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan S Cram (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Lucy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey M Lacker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Fletcher Mangum (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey R Leopold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynne Mallory-Winter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eg Miller (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie R Peters (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katharine M Bond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith M Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Shinn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Casey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tapan V Gandhi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce T Whitehurst (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia I Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Eric Kauders Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher M Shockley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas C Palmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary G Morris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary R Thomson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas E Phillips Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David W Mullins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ozlem Yaylaci (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jillian Balow (Ex Officio Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vcee.org

Where can I find the form 990 for Virginia Council On Economic Education?

Virginia Council On Economic Education's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vcee.org

Learn more at the official website: www.vcee.org

Mission Statement of Virginia Council On Economic Education

The Virginia Council on Economic Education, abbreviated as VCEE, is committed to serving as a vital resource for Virginia's K-12 teachers and schools. Its mission is focused on empowering these educators with the necessary professional development, curriculum, and resources to effectively teach economics and personal finance to their students. VCEE aims to equip Virginia's K-12 students with the essential economic knowledge and financial skills required to succeed in today's dynamic economy.

To accomplish this mission, VCEE offers a range of services to Virginia's K-12 teachers at no cost to them or their schools. This includes providing high-quality professional development workshops and institutes, as well as classroom materials. These resources are designed to help teachers enhance their ability to teach economics and personal finance subjects, enabling their students to develop the necessary skills for future success.

In the fiscal year 2022, VCEE offered 71 sessions varying in length from one hour to 45 hours. These sessions were attended by 1,353 teachers, demonstrating the organization's commitment to supporting Virginia's educators in their mission to prepare students for the future. Through its professional development programs, VCEE is helping to ensure that Virginia's K-12 students have the economic and financial knowledge needed to thrive in our ever-changing world.

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Impact




October, 2024

The Virginia Council on Economic Education (VCEE) significantly impacts the K-12 education landscape in Virginia by equipping teachers with the necessary tools to effectively impart economics and personal finance knowledge to their students. By offering professional development workshops, institutes, and classroom materials at no cost, VCEE ensures that educators can deliver high-quality instruction tailored to the needs of a dynamic economy.

In fiscal year 2022 alone, VCEE facilitated 71 professional development sessions, reaching 1,353 teachers. This extensive outreach enhances the educators' ability to teach critical economic principles and financial skills, directly influencing the preparedness of Virginia's students to navigate their financial futures. The council's focus on teacher education transforms learning environments, fostering a generation of financially literate individuals capable of making informed decisions in their personal and professional lives.




This information is meant to be a general summary of Virginia Council On Economic Education. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,160,946 (2022)
Expenses
$898,016 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $44,874
  • Program Service Revenue: $19,760
  • Gross Receipts: $1,246,684

Assets and Liabilities:

  • Total Assets: $1,753,250
  • Total Liabilities: $5,270
  • Net Assets: $1,747,980

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Stock Market Game

Revenue

$19,760

Organization Details

Founding Year

1970

Main Address

301 W MAIN STREET BOX 844000, RICHMOND, VA, 23284

NTEE Category

Code: V22Z - Social research

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