Overview
What is North Carolina Council On Economic Education Inc?
The North Carolina Council on Economic Education Inc, situated in Raleigh, North Carolina, serves as a catalyst for economic and financial education within the state's educational system. This nonprofit organization, comprising a team of three dedicated individuals, offers various resources and workshops to primary and secondary school teachers, ensuring they are equipped to teach fundamental economic and personal finance concepts effectively. Furthermore, the NCCEE organizes and funds academic competitions focusing on economics, personal finance, and entrepreneurship for students in North Carolina schools. By doing so, the NCCEE supports the development of future financially literate and economically informed citizens.
Official website here: www.nccee.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The North Carolina Council On Economic Education Inc received an overall score of 84%, indicating a solid performance in terms of accountability and finance. The charity stands out with a high percentage of independent board members (95%) and a well-sized board consisting of 19 independent members. They have also demonstrated strong financial oversight, as evidenced by their perfect scores in audit and oversight committee measures and their liabilities to assets ratio.
Despite these strengths, the organization has several areas for improvement. Notably, it lacks key governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are essential for transparency and accountability. Additionally, the organization has not posted its tax form on its website, which could hinder public access to important financial information.
The program expense ratio is impressive at 92.81%, suggesting that the majority of expenditures are directed towards its programs rather than administrative costs. However, addressing governance shortcomings would enhance the organization's credibility and foster greater trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Council On Economic Education Inc legitimate?
North Carolina Council On Economic Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Council On Economic Education Inc 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: $100,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,317
For more financial information, click here
Official website here: www.nccee.org
What is the mission statement of North Carolina Council On Economic Education Inc?
The North Carolina Council on Economic Education Inc. is committed to providing economic and financial education to educators and students across the state. This is achieved through offering standards-based workshops, a wide range of resources for educators, and hosting academic competitions focused on economics, personal finance, and entrepreneurship for students. Additionally, the council advocates for financial education and training within school systems, providing resources and sponsoring staff development workshops for teachers to enhance their knowledge in these areas.
Official website here: www.nccee.org
What is the revenue of North Carolina Council On Economic Education Inc?
North Carolina Council On Economic Education Inc's revenue in 2023 was $798,242.
Official website here: www.nccee.org
Who are the executives of North Carolina Council On Economic Education Inc and what are their salaries?
The average compensation at North Carolina Council On Economic Education Inc during 2023 was $40,694. There are 5 employees and 237 volunteers at North Carolina Council On Economic Education Inc.
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- Compensation: $95,383
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Official website here: www.nccee.org
Where can I find the form 990 for North Carolina Council On Economic Education Inc?
North Carolina Council On Economic Education Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nccee.org
Learn more at the official website: www.nccee.org
Mission Statement of North Carolina Council On Economic Education Inc
The North Carolina Council on Economic Education (NCCEE) is a dedicated organization that focuses on delivering economic and financial education to educators and students across North Carolina. This mission is achieved through a multifaceted approach, which includes offering standards-based workshops, supplying resources for educators, and organizing academic competitions for students in primary and secondary schools. The NCCEE's goal is to advocate for financial education and training within the state's school systems, thereby empowering the next generation with essential financial literacy skills. The organization's activities are designed to equip teachers with the necessary tools and knowledge to effectively teach these subjects, thereby enabling students to develop a strong understanding of economics and personal finance.
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Impact
October, 2024
The North Carolina Council On Economic Education Inc (NCCEE) significantly enhances economic and financial literacy among educators and students throughout the state. Through standards-based workshops and a plethora of resources, it equips teachers with the tools necessary to deliver effective economics and personal finance education in the classroom.
NCCEE also fosters a competitive spirit and engagement in economic learning by hosting academic competitions that challenge students in economics, personal finance, and entrepreneurship. These events not only elevate students’ understanding of critical financial concepts but also encourage practical applications of their knowledge.
Furthermore, NCCEE actively advocates for the integration of financial education in school systems, ensuring that these essential skills are prioritized in the curriculum. By focusing on professional development for educators, NCCEE contributes to an overall improvement in the quality of economic education across North Carolina, helping to create a future generation that is more informed and better equipped to make sound financial decisions.
This information is meant to be a general summary of North Carolina Council On Economic Education Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $20
- Program Service Revenue: $341,025
- Gross Receipts: $798,242
Assets and Liabilities:
- Total Assets: $665,778
- Total Liabilities: $215,447
- Net Assets: $450,331
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTED COMMUNITY S
Revenue
$335,820
PROGRAM SERVICE
Revenue
$5,205
Organization Details
Founding Year
1970
Principal Officer
Sandra Wheat
Website
www.nccee.orgNTEE Category
Code: V22Z - Social research
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