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Economic Awareness Council

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

EIN: 300158613 ✦ Hinsdale, IL ✦ Designated as a 501(c)(3)

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Overview

What is Economic Awareness Council?

The Economic Awareness Council is a nonprofit organization situated in Hinsdale, Illinois. Its primary mission is to equip students and families with the necessary financial literacy skills, catering to their economic and financial decision-making needs both presently and in the future. The organization is particularly dedicated to serving families and youth with limited resources, recognizing the importance of financial education for their overall well-being. With a modest workforce of two employees, the Economic Awareness Council operates in schools and libraries, providing educational resources for K-12 students.


Official website here: www.econcouncil.org

Is Economic Awareness Council legitimate?

Economic Awareness Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Economic Awareness Council 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: $135,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.econcouncil.org

What is the mission statement of Economic Awareness Council?

The Economic Awareness Council's mission is to equip students and their families with the necessary skills to make informed economic and financial decisions, both in the present and future. This organization aims to address the needs of families and youth with limited resources, ensuring they have the knowledge required to navigate financial landscapes effectively. To accomplish this, the Economic Awareness Council provides financial literacy education to students in grades K-12, delivering these lessons in schools and libraries.


Official website here: www.econcouncil.org

Who is the CEO of Economic Awareness Council?

Tracy Frizzell is the Executive Director of Economic Awareness Council.


Official website here: www.econcouncil.org

What is the revenue of Economic Awareness Council?

Economic Awareness Council's revenue in 2022 was $448,212.


Official website here: www.econcouncil.org

Who are the executives of Economic Awareness Council and what are their salaries?

The average compensation at Economic Awareness Council during 2022 was $67,836. There are 2 employees and 3 volunteers at Economic Awareness Council.


Here are 10 key members and their salaries:


Tracy Frizzell (Executive Director)
  • Compensation: $96,380
  • Related: $0
  • Other: $0
Brian Frizzell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Lwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Johnsson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelina Mendoza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zack Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alberto Roman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.econcouncil.org

Where can I find the form 990 for Economic Awareness Council?

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


Official website here: www.econcouncil.org

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

Mission Statement of Economic Awareness Council

The Economic Awareness Council is dedicated to a mission that seeks to empower students and families, particularly those with limited resources, by preparing them for the economic and financial decisions they will encounter both now and in the future. This organization recognizes the importance of financial literacy and strives to meet this need through its educational programs, which are implemented in schools and libraries for grades K-12. By equipping individuals with the necessary skills and knowledge, the Economic Awareness Council aims to foster financial independence and resilience, helping them make informed decisions that will positively impact their lives.

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Impact




October, 2024

The Economic Awareness Council significantly influences financial literacy among students and families, particularly those with limited resources. By providing targeted education in schools and libraries for grades K-12, the Council equips young individuals with essential skills and knowledge for making informed economic and financial decisions. This empowerment fosters a generation that is better prepared to navigate the complexities of personal finance, ultimately contributing to stronger economic stability within communities. Through their efforts, the Economic Awareness Council enhances access to vital financial education, bridging gaps for families and youth, and promoting a culture of financial responsibility and awareness.




This information is meant to be a general summary of Economic Awareness Council. 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
$448,212 (2022)
Expenses
$390,844 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $96
  • Program Service Revenue: $102,254
  • Gross Receipts: $448,212

Assets and Liabilities:

  • Total Assets: $392,285
  • Total Liabilities: $5,718
  • Net Assets: $386,567

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Programs

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

SCHOOLS AND EDUCATIONAL SERVICES

Revenue

$102,254

Organization Details

Founding Year

2005

Principal Officer

Tracy Frizzell

Main Address

703 S STOUGH ST, HINSDALE, IL, 60521

NTEE Category

Code: B90 - Education

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