Overview
What is Minnesota State Council On Economic Education?
Minnesota State Council on Economic Education (MCEE) is a dedicated nonprofit organization based in St. Paul, Minnesota. Its primary goal is to empower individuals with economic and personal financial knowledge, achieving this through various means. In the fiscal year 2022 alone, MCEE conducted 97 professional development workshops, reaching over 1,700 teachers, and providing them with research-based teaching techniques and resources. The organization also engaged students directly through competitions, challenges, and institutes, ultimately benefiting over 1,162 students. MCEE's initiatives are designed to cater to traditionally underserved communities and promote culturally responsive teaching. They collaborate with over 120 community organizations to offer personal finance education to low-income Minnesotans. Among these programs are initiatives focusing on mathematics and economics, college funding, entrepreneurship, and diversity in economics, aiming to foster economic success for individuals from underrepresented backgrounds. In addition to teacher and student programs, MCEE also reaches communities through public outreach activities, such as their community mentorship program for financial capability. By equipping Minnesotans with economic and personal finance understanding, MCEE aims to prepare them for success in today's complex economy.
Official website here: www.mcee.umn.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating. This high score reflects the Minnesota State Council On Economic Education's strong performance in accountability and finance, as well as culture and community. With an impressive 96 in accountability and finance, the organization demonstrates robust financial oversight and ethical governance, as evidenced by its fully independent board and comprehensive conflict of interest and whistleblower policies.
The organization excels in program expense allocation, with nearly 79% of expenses directed toward its programs, indicating a commitment to its mission. The council received perfect scores in areas such as constituent feedback and feedback usage, showcasing its dedication to engaging stakeholders and incorporating their insights into its operations. Additionally, its effective practices contribute to a positive organizational culture.
While the council's strengths are significant, it is essential to keep an eye on its equity strategies score of 87 out of 100, which, while commendable, may highlight areas for potential growth in promoting inclusivity and diversity within the organization. Overall, the Minnesota State Council On Economic Education is a well-managed nonprofit with a clear focus on its educational objectives and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Minnesota State Council On Economic Education legitimate?
Minnesota State Council On Economic Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota State 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: $155,363
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,871
For more financial information, click here
Official website here: www.mcee.umn.edu
What is the mission statement of Minnesota State Council On Economic Education?
The Minnesota State Council On Economic Education equips individuals with the necessary economic and personal financial understanding to thrive in today's complex economy. They achieve this mission by providing top-notch professional development for teachers, offering curriculum materials, engaging students with challenging programs in economic and personal finance education, and reaching out to communities through their Community Mentorship for Financial Capability program and various public outreach activities.
Official website here: www.mcee.umn.edu
Who is the CEO of Minnesota State Council On Economic Education?
Julie Bunn is the Executive Director of Minnesota State Council On Economic Education.
Official website here: www.mcee.umn.edu
What is the revenue of Minnesota State Council On Economic Education?
Minnesota State Council On Economic Education's revenue in 2022 was $854,318.
Official website here: www.mcee.umn.edu
Who are the executives of Minnesota State Council On Economic Education and what are their salaries?
There 95 volunteers at Minnesota State Council On Economic Education.
Here are 25 key members and their salaries:
- Compensation: $112,447
- Related: $0
- Other: $37,670
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mcee.umn.edu
Where can I find the form 990 for Minnesota State Council On Economic Education?
Minnesota State Council On Economic Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcee.umn.edu
Learn more at the official website: www.mcee.umn.edu
Mission Statement of Minnesota State Council On Economic Education
The Minnesota State Council On Economic Education, abbreviated as MCEE, strives to equip Minnesotans with the essential economic and personal financial understanding needed to thrive in today's intricate economy. It accomplishes this mission by providing top-tier professional development for teachers, thereby enhancing their abilities to teach economic and personal finance subjects effectively. Furthermore, MCEE engages students with engaging programs in the fields of economics and personal finance education. Lastly, the organization reaches out to communities by offering its Community Mentorship for Financial Capability Program and participating in various public outreach activities. In essence, MCEE's mission is to empower Minnesotans with the necessary economic and financial understanding, educate future generations, and promote financial literacy within communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Minnesota State Council on Economic Education's impact is significant and far-reaching. Through their programs, they have equipped over 1,700 teachers with the knowledge and resources to educate 87,000 students in economic and personal financial literacy. Furthermore, they have directly impacted 1,162 students through various virtual competitions and challenges, enhancing their critical thinking skills and knowledge in these areas.
Additionally, the organization has worked with nearly 120 community organizations to provide financial education to over 3,000 low-income individuals through their Community Mentorship Program. They have also focused on serving communities of color and underserved populations through targeted programs and special recruitment efforts, ensuring that a diverse range of individuals have access to essential financial education.
Overall, Minnesota State Council on Economic Education's work has made a significant impact on teachers, students, and communities, helping to build a more financially literate and empowered population in Minnesota.
This information is meant to be a general summary of Minnesota State 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,341
- Program Service Revenue: $43,390
- Gross Receipts: $854,318
Assets and Liabilities:
- Total Assets: $1,192,884
- Total Liabilities: $48,261
- Net Assets: $1,144,623
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$43,390
Organization Details
Founding Year
1961
Phone
(612) 625-3727Principal Officer
Julie Bunn
Main Address
116 RUTTAN HALL 1994 BUFORD AVE, ST PAUL, MN, 55108
Website
www.mcee.umn.eduNTEE Category
Code: V20 - Social research
If you are a representative of Minnesota State Council On Economic Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.