Overview
What is Arkansas Council On Economic Education?
The Arkansas Council on Economic Education is a nonprofit organization situated in Little Rock, Arkansas. With a mission to enhance the economic literacy of students from pre-K to 12th grade, they offer professional development opportunities for K-12 educators in Arkansas, as required by the state's Department of Education. Certified to provide these hours through workshops and in-service training, both in-person and virtual, they host multi-day workshops during the summer and shorter sessions during the school year. Partnering with various entities, they provide engaging, creative, and user-friendly resources to assist teachers in integrating economic, personal finance, and entrepreneurship concepts into their classrooms, regardless of the grade level or subject matter they teach. Their activities and mission aim to equip schools with standard-based resources and professional development, all while using practical, innovative, and inspiring methods. To learn more about their offerings, visit their website at economicsarkansas.org.
Official website here: www.economicsarkansas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Arkansas Council On Economic Education has achieved an impressive score of 96%, reflecting strong accountability and financial practices. The organization boasts a fully independent board, which is crucial for maintaining governance integrity, scoring the maximum points in this area. Additional strengths include a solid program expense ratio of 74.09%, indicating that a significant portion of its budget is directed toward its programs rather than administrative costs.
The organization has implemented multiple policies that enhance its operational transparency, such as a conflict of interest policy and a whistleblower policy, both of which received full points in evaluations. Furthermore, the absence of any material diversion of assets and proper audit oversight demonstrates a commitment to responsible financial management.
Overall, the Arkansas Council On Economic Education stands out for its effective governance and substantial focus on its mission, as evidenced by its high ratings in various accountability measures. There are no noted limitations in the available data, reinforcing the nonprofit's strong reputation in financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Council On Economic Education legitimate?
Arkansas Council On Economic Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas 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: $124,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $357,647
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Official website here: www.economicsarkansas.org
What is the mission statement of Arkansas Council On Economic Education?
The Arkansas Council On Economic Education's mission is focused on enhancing the economic literacy of students from pre-K to 12th grade. To achieve this, the organization equips schools with standard-based resources and offers professional development opportunities for educators. These resources and trainings are designed to teach economics, personal finance, and the free enterprise system using innovative and inspiring methods. The council is certified by the Arkansas Department of Education to provide the required 36 hours of professional development annually. They offer workshops and training sessions both in-person and virtually, including multi-day summer workshops and shorter sessions during the school year. The council collaborates with various entities to provide engaging, creative, and user-friendly resources to assist teachers in integrating economic, personal finance, and entrepreneurship concepts into their classrooms, regardless of the grade level or subject matter they teach.
Official website here: www.economicsarkansas.org
Who is the CEO of Arkansas Council On Economic Education?
Randi Chambers is the Treasurer of Arkansas Council On Economic Education.
Official website here: www.economicsarkansas.org
What is the revenue of Arkansas Council On Economic Education?
Arkansas Council On Economic Education's revenue in 2023 was $834,013.
Official website here: www.economicsarkansas.org
Who are the executives of Arkansas Council On Economic Education and what are their salaries?
The average compensation at Arkansas Council On Economic Education during 2023 was $80,386. There are 6 employees and 67 volunteers at Arkansas Council On Economic Education.
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- Compensation: $120,069
- Related: $8,996
- Other: $12,498
Official website here: www.economicsarkansas.org
Where can I find the form 990 for Arkansas Council On Economic Education?
Arkansas Council On Economic Education's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.economicsarkansas.org
Learn more at the official website: www.economicsarkansas.org
Mission Statement of Arkansas Council On Economic Education
The Arkansas Council on Economic Education, as a nonprofit organization, is dedicated to enhancing the economic literacy of students from pre-kindergarten to twelfth grade in Arkansas. Their mission is to equip these schools with standard-based resources and offer professional development opportunities to teachers, allowing them to effectively teach economics, personal finance, and the free enterprise system. Using engaging, innovative, and inspiring methods, they provide practical resources to integrate economic and entrepreneurship concepts into various classrooms, regardless of grade level or subject matter. The Arkansas Council on Economic Education is certified by the Arkansas Department of Education to offer professional development training, providing both in-person and virtual workshops and training sessions to fulfill the annual 36-hour professional development requirement for K-12 educators in Arkansas.
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Impact
July, 2024
Arkansas Council On Economic Education's impact is notable in increasing the economic literacy of PreK-12th grade students in Arkansas. Through their certified teacher professional development programs, they equip K-12 educators with the necessary training to integrate economic, personal finance, and entrepreneurship concepts into their classrooms. By providing engaging resources and workshops, they help schools teach economics and personal finance effectively, ultimately contributing to the youth development in Arkansas.
This information is meant to be a general summary of Arkansas 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 2023.
- Investment Income: $8,265
- Program Service Revenue: $16,444
- Gross Receipts: $887,964
Assets and Liabilities:
- Total Assets: $678,557
- Total Liabilities: $106,908
- Net Assets: $571,649
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMICS ARKANSAS PD
Revenue
$14,550
STOCK MARKET GAME
Revenue
$1,894
Organization Details
Founding Year
1962
Phone
(501) 682-4230Principal Officer
Randi Chambers
Main Address
PO BOX 3447, LITTLE ROCK, AR, 722033447
Website
www.economicsarkansas.orgNTEE Category
Code: O53Z - Youth development
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