Overview
What is Colorado Council On Economic Education?
The Colorado Council on Economic Education, commonly known as Economic Literacy Colorado, is a nonprofit organization situated in Denver, Colorado. Their primary mission is to improve economic education and financial literacy among K-12 students in Colorado schools. They achieve this by delivering training programs and providing grade-appropriate curriculum resources to teachers and school districts. Their efforts during the recent fiscal year resulted in 43 economics and financial literacy programs, attended by over 1,163 teachers and student teachers. These educators, in turn, are estimated to reach approximately 100,000 students annually, equipping them with improved skills to teach economics and financial literacy. The organization serves a majority of Colorado's 176 school districts and delivers a substantial 7,703 instructional hours through their contract Ph.D. economics professors and mentor teachers. Their ultimate goal is to empower Colorado students with the fundamental economic and financial decision-making skills needed to thrive throughout their lives.
Official website here: www.econlitco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Colorado Council On Economic Education has achieved an impressive 96% rating, reflecting its strong accountability and financial practices. This high score is primarily based on the organization's commitment to transparency and responsible financial management, with an accountability and finance beacon score of 100%. The organization has a fully independent board, which enhances its governance structure and decision-making process.
The council excels in several key areas, including a high program expense ratio of 70.91%, indicating that the majority of its funds are directed towards its educational programs. Additionally, the organization has stringent policies in place, such as conflict of interest and whistleblower policies, which are crucial for maintaining ethical standards. Furthermore, it has demonstrated effective financial oversight, as evidenced by no material diversions of assets.
While the evaluation highlights many strengths, it is important for potential donors and supporters to remain informed about the organization's ongoing projects and community impact. Regular updates about its programs and results could further enhance its reputation and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Council On Economic Education legitimate?
Colorado Council On Economic Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado 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: $26,382
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,987
For more financial information, click here
Official website here: www.econlitco.org
What is the mission statement of Colorado Council On Economic Education?
The Colorado Council On Economic Education's mission is centered around empowering students. This organization aims to instill a lifelong understanding of economics and financial freedom in students. They achieve this by delivering economic and personal financial education through various training programs and classroom resources to teachers, schools, and school districts. The ultimate vision is to establish a world where all Colorado students possess the fundamental economic and financial decision-making skills necessary to reach their full potential.
Official website here: www.econlitco.org
What is the revenue of Colorado Council On Economic Education?
Colorado Council On Economic Education's revenue in 2024 was $50,842.
Official website here: www.econlitco.org
Who are the executives of Colorado Council On Economic Education and what are their salaries?
The average compensation at Colorado Council On Economic Education during 2024 was $10,767. There are 7 employees and 26 volunteers at Colorado Council On Economic Education.
Here are 20 key members and their salaries:
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Official website here: www.econlitco.org
Where can I find the form 990 for Colorado Council On Economic Education?
Colorado Council On Economic Education's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.econlitco.org
Learn more at the official website: www.econlitco.org
Mission Statement of Colorado Council On Economic Education
The Colorado Council on Economic Education, with a visionary outlook, aims to empower Colorado's students by equipping them with a lifelong understanding of economics and financial literacy. This nonprofit organization accomplishes this mission by delivering comprehensive economic and personal financial education to students across the state. They achieve this goal by offering training programs and providing teachers, schools, and school districts with necessary resources. The Colorado Council on Economic Education envisions a future where every Colorado student possesses the fundamental decision-making skills in economics and finance, enabling them to realize their full potential.
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Impact
July, 2024
The Colorado Council On Economic Education empowers Colorado students to achieve a lifetime of economic understanding and financial freedom by providing education programs and services for K-12 teachers and the community. Through their efforts, they have delivered 43 economics and personal financial literacy teacher programs, reaching over 1,163 teachers and student teachers. These educators are estimated to impact about 100,000 students each year with improved economic and financial literacy education. Their contract Ph.D. economics professors and mentor teachers have delivered a total of 7,703 instructional hours, serving 126 out of the 176 school districts in Colorado. The impact of the Colorado Council On Economic Education is instrumental in equipping students with essential economic decision-making skills to realize their potential.
This information is meant to be a general summary of Colorado 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 2024.
- Investment Income: $18,276
- Program Service Revenue: $2,641
- Gross Receipts: $50,842
Assets and Liabilities:
- Total Assets: $1,209,798
- Total Liabilities: $174,525
- Net Assets: $1,035,273
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAM
Revenue
$2,641
Organization Details
Founding Year
1971
Principal Officer
Amy Sherman
Website
www.econlitco.orgNTEE Category
Code: V20 - Social research
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