Texas Council On Economic Education
- Assets
- $44.0k
- Revenue
- $43.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Denton, TX
- Founding
- 06/1969
- Data as of
- 08/2021
- EIN
- 23-7024573
Organization Overview
Texas Council On Economic Education is located in Denton, TX. The organization was established in 1969. According to its NTEE Classification (V22) the organization is classified as: Economics, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Council On Economic Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Texas Council On Economic Education generated $43.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.5%) each year. All expenses for the organization totaled $35.1k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (35.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH THE SEEDS OF A HEALTHIER TEXAS ECONOMY BY WORKING WITH K-12 EDUCATORSTCEE'S GOAL IS TO PROVIDE TEACHERS WITH HANDS-ON LESSONS AND PROGRAMS THAT ALLOW STUDENTS TO PRACTICE IMPLEMENTING REAL LIFE ECONOMIC AND PERSONAL FINANCIAL SKILLS, AND THUS PAVE THE WAY TO A LIFE OF ECONOMIC SECURITY AND A SMARTER TEXAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING OF TEACHERS IN ECONOMICS FOR PUBLIC SCHOOL CLASSROM PROGRAMS AND STUDENT PROGRAMS IN ECONOMIC AND FINANCIAL LITERACY, AS WELL AS ENTREPRENEURSHIP FOR MATH, SOCIAL STUDIES, AND CAREER EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Moeder Board Member | OfficerTrustee | 1 | $0 |
John Ivie Board Member | OfficerTrustee | 1 | $0 |
Steve Cobb Center Director | Trustee | 1 | $0 |
Lee Horn II Board Member | Trustee | 1 | $0 |
Lisa Clawson Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,036 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,036 |
| Total Program Service Revenue | $14,755 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,021 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $24,986 |
| Total functional expenses | $35,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,962 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,962 |
| Accounts payable and accrued expenses | $26,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,400 |
| Net assets without donor restrictions | $17,562 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $43,962 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Texas Council On Economic Education has recieved totaling $38.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma Council On Economic Education Edmond, OK | $169,796 | $406,223 |
Leadership Legacy Life Foundation Austin, TX | $2,449,556 | $1,214,955 |
World Council Of Economic Policy Inc Norman, OK | $43,865 | $251,375 |
Louisiana Council On Economic Education Baton Rouge, LA | $153,306 | $0 |
Texas Council On Economic Education Denton, TX | $43,962 | $43,021 |
Urban Economics Association Houston, TX | $160,087 | $0 |
San Antonio Foundation For Free Enterprise San Antonio, TX | $193,159 | $0 |