Overview
What is School Of Economics?
The School of Economics is a nonprofit organization situated in Blue Springs, Missouri. Their primary focus is to offer an immersive learning experience through programs like SOE Market and Mini-Town, enabling students to manage their own economy and encounter real-world business challenges. By integrating classroom lessons into practical applications, they aim to nurture long-term financial skills. The organization's mission is centered around engaging students in real-world learning, fostering an enduring capability to manage finances effectively. With a dedicated workforce of 12 individuals, the School of Economics strives to provide a transformative educational experience.
Official website here: www.schoolofecon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51%, One-Star out of Four Star rating.
The School of Economics has received a low overall score of 51%, primarily due to its accountability and finance metrics, which scored only 41%. While the organization demonstrates strong governance with 100% independent board members and robust policies in place, its financial health appears concerning, particularly with a liabilities to assets ratio of 0.89%. This suggests possible financial instability that could impact its operations.
On a more positive note, the organization excels in areas related to culture and community engagement, achieving a perfect score of 100% in several categories such as feedback collection and usage, as well as equity strategies. This indicates a strong commitment to inclusivity and responsiveness to stakeholder needs. The program expense ratio, however, at 48.66%, indicates that less than half of its expenditures are directed towards its primary programs, which may raise questions about its operational effectiveness.
In summary, while the School of Economics showcases commendable practices in governance and community engagement, it faces significant challenges in financial management and allocation of resources to programs. Potential donors and supporters should consider these factors when evaluating the organization’s impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is School Of Economics legitimate?
School Of Economics is a legitimate nonprofit organization registered as a 501(c)(3) entity. School Of Economics 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: $95,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,529
For more financial information, click here
Official website here: www.schoolofecon.org
What is the mission statement of School Of Economics?
The School of Economics has a mission to engage students through practical learning experiences, with the aim of fostering lifelong financial capabilities. This is achieved by implementing programs such as SOE Market and Mini-Town, where students operate their own economy and confront the real-world demands that businesses and individuals often encounter. The educational approach at the School of Economics allows students to apply the concepts learned in the classroom to real-world scenarios, thereby enhancing their understanding and preparedness for financial matters.
Official website here: www.schoolofecon.org
Who is the CEO of School Of Economics?
Jamie Batschke is the Executive Director of School Of Economics.
Official website here: www.schoolofecon.org
What is the revenue of School Of Economics?
School Of Economics's revenue in 2023 was $572,817.
Official website here: www.schoolofecon.org
Who are the executives of School Of Economics and what are their salaries?
The average compensation at School Of Economics during 2023 was $26,767. There are 12 employees and 2600 volunteers at School Of Economics.
Here are 11 key members and their salaries:
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Official website here: www.schoolofecon.org
Where can I find the form 990 for School Of Economics?
School Of Economics's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.schoolofecon.org
Learn more at the official website: www.schoolofecon.org
Mission Statement of School Of Economics
The School of Economics is dedicated to engaging students through practical learning experiences, aiming to foster lifelong financial capabilities. One of their key initiatives is the SOE Market and Mini-Town, which provides a hands-on learning environment. In this program, students take on real-world roles, operating their own economy and facing the demands that businesses and individuals often encounter. The skills and knowledge gained in the classroom are put into action, allowing students to gain a deeper understanding of economic principles.
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Impact
July, 2024
The School of Economics in Blue Springs, MO, is making a significant impact on students by engaging them through real-world learning to promote lifelong financial capabilities. Through programs like SOE Market and Mini-Town, students are gaining hands-on experience operating their own economy and facing the real-world demands that businesses and individuals encounter. By putting their classroom-learned skills and knowledge into action, the School of Economics is preparing students to be financially savvy and capable individuals.
This information is meant to be a general summary of School Of Economics. 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: $1,110
- Program Service Revenue: $184,320
- Gross Receipts: $572,817
Assets and Liabilities:
- Total Assets: $1,157,778
- Total Liabilities: $10,377
- Net Assets: $1,147,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOE Market
Revenue
$149,166
MiniTown
Revenue
$35,154
Organization Details
Founding Year
1994
Phone
(816) 224-8171Principal Officer
Jamie Batschke
Main Address
200 NW 14TH ST, BLUE SPRINGS, MO, 640153606
Website
www.schoolofecon.orgNTEE Category
Code: B50 - Education
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