South Carolina 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: 570706566 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is South Carolina Council On Economic Education?

The South Carolina Council on Economic Education is a renowned nonprofit organization situated in Columbia, South Carolina. Their primary mission is to foster economic literacy within South Carolina's educational system. They achieve this goal by offering high-quality professional development workshops to teachers, enhancing their understanding of economics and personal finance concepts. These workshops boost teachers' confidence by equipping them with best practices, effective lesson plans, and valuable resources for engaging their students. By improving teachers' expertise, the South Carolina Council on Economic Education aims to empower students, preparing them to become active, successful, and prosperous members of the global economy. The organization has a modest team of four dedicated individuals.


Official website here: www.sceconomics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The South Carolina Council On Economic Education has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and finance management. The organization scored well in areas such as having an independent board, no material diversion of assets, and a strong program expense ratio of 91.16%. These elements suggest that the charity is effectively using its funds towards its mission.

However, there are notable limitations in the charity's policies. The absence of a conflict of interest policy and a whistleblower policy detracts from its overall accountability score. While the presence of these policies can enhance transparency and trust, their omission raises concerns about governance practices within the organization.

Overall, while the financial indicators demonstrate a strong commitment to its mission, the South Carolina Council On Economic Education could benefit from strengthening its governance policies to improve its accountability rating further. This would provide greater assurance to donors and stakeholders about the integrity of its operations.


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

What do the Facebook reviews say about South Carolina Council On Economic Education?

100% of 9 reviewers on Facebook recommend the South Carolina Council On Economic Education. Here is a summary of their reviews:

Supporters express great appreciation for the organization's dedicated staff, highlighting their enthusiasm and commitment to fostering economic education. Reviewers note the rewarding interactions between educators and students, emphasizing a positive learning environment that cultivates those 'aha' moments.

Overall, the sentiment is overwhelmingly positive, with many praising the impact of the programs on students and teachers alike. The energetic team contributes significantly to the educational experience, making it evident that this nonprofit effectively fulfills its mission to enhance economic education in South Carolina.


This AI summary has been generated from reviews found on Facebook.

Is South Carolina Council On Economic Education legitimate?

South Carolina Council On Economic Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,061

For more financial information, click here


Official website here: www.sceconomics.org

What is the mission statement of South Carolina Council On Economic Education?

The South Carolina Council on Economic Education's mission is centered around promoting economic literacy within schools across South Carolina. As the sole non-profit organization in the state dedicated to this cause, SC Economics strives to enhance the economic and financial education of both teachers and students. Their goal is to prepare these individuals to become active, successful, and prosperous members of the global economy. They achieve this by conducting teacher workshops, which provide professional development opportunities. Through these workshops, teachers improve their content knowledge in economics and personal finance, leading to increased confidence and the ability to share best practices, lesson plans, and resources for engaging students.


Official website here: www.sceconomics.org

Who is the CEO of South Carolina Council On Economic Education?

Jim Morris is the Trustee of South Carolina Council On Economic Education. The CEO's salary of South Carolina Council On Economic Education is $70,000 and their total compensation is $70,000.


Official website here: www.sceconomics.org

What is the revenue of South Carolina Council On Economic Education?

South Carolina Council On Economic Education's revenue in 2022 was $552,715.


Official website here: www.sceconomics.org

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

The average compensation at South Carolina Council On Economic Education during 2022 was $52,515. There are 4 employees at South Carolina Council On Economic Education.


Here are 18 key members and their salaries (South Carolina Council On Economic Education's CEO's salary is $70,000 and their total compensation is $70,000):


Chuck Garnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kahn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Quinn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Barker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Bruce Cole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Denise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Burgess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Willams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Renner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yolanda Ferguson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rebecca Gunnlaugsson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Schiano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Nick Moellman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Sanderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Best (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Hutchison (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Morris (Ceo)
  • Compensation: $70,000
  • Related: $0
  • Other: $0


Official website here: www.sceconomics.org

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

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


Official website here: www.sceconomics.org

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

Mission Statement of South Carolina Council On Economic Education

The South Carolina Council on Economic Education, as the sole non-profit organization in South Carolina exclusively dedicated to enhancing economic literacy and financial literacy, strives to equip teachers and students with the necessary skills to thrive in the global economy. The organization's mission is to improve economic education and financial literacy by empowering teachers through quality professional development workshops. These workshops enrich the teachers' content knowledge in economics and personal finance, boosting their confidence by sharing best practices, lesson plans, and resources to engage students effectively. By preparing teachers in this manner, the South Carolina Council on Economic Education aims to foster active, successful, and prosperous members of the global economy.

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Impact




July, 2024

The South Carolina Council on Economic Education's impact is evident in its dedication to promoting economic literacy throughout South Carolina schools. By conducting teacher workshops that provide quality professional development, the organization effectively enhances teachers' content knowledge in economics and personal finance. This, in turn, boosts teacher confidence through the sharing of best practices, lesson plans, and resources for engaging students. With its exclusive focus on improving economic education and financial literacy, the Council plays a crucial role in preparing teachers and students to become active, successful, and prosperous members of the global economy.




This information is meant to be a general summary of South Carolina 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
$552,715 (2022)
Expenses
$520,421 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $12,517
  • Gross Receipts: $552,715

Assets and Liabilities:

  • Total Assets: $433,764
  • Total Liabilities: $11,849
  • Net Assets: $421,915

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Programs

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

PROGRAM REVENUE

Revenue

$12,517

Organization Details

Founding Year

1975

Principal Officer

Jim Morris

Main Address

1014 GREENE ST, COLUMBIA, SC, 29208

NTEE Category

Code: V20 - Social research

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