NonprofitsArkansas State Council On Economic Education

Youth Development

Arkansas State Council On Economic Education

LITTLE ROCK, AR

Total revenue

$1.2M

Total expenses

$1.1M

Net assets

$601K

Grants received

$904K

25 grants

EIN

716058254

Tax year

2023

Mission

To increase the economic literacy of prek-12th grade students in arkansas.

Programs

2 programs

The stock market game(tm): this investment simulation is offered each school year to students in grades 4 - 12. We host two 13-week sessions, one in the fall and one in the spring. In addition, we offer a yearlong session from september through april. Teachers register student teams to manage and trade "live" a hypothetical $100,000 portfolio of stocks, bonds and mutual funds. Their goal is to grow the portfolio as much as possible during the session for which they registered. This standards-based "game" integrates technology, math, social studies, higher-level thinking, team building, and of course, economics into one engaging learning tool for teachers. This program served 14,082 students last year. An extension of this program is an essay-writing contest called "investwrite" where students submit responses to a given investment question. Arkansas is proud to have both state and national winners in this program. This program is free of charge to teachers via the generous sponsorships of walton family foundation and arkansas securities department.

Expenses: $109K

Additional initiatives offered by economics arkansas include cee/naee dues, public relations, teacher awards program, resource extender support, student and family programs, new and other program enterprises.cee/naee dues allow discounts on economic education materials, priority access to regional and national conferences, award opportunities and occasions to participate in national program opportunities.economics arkansas utilizes part of its public relations budget to support teacher and student presentations. Also included are memberships to professional organizations such as arkansas association of educational administrators and chambers of commerce within the state. They serve as resources for promotion of materials and services we make available to arkansas educational institutions.teachers may submit classroom projects via written application for the opportunity win a state award, including a cash award and the coveted "bessie" statue.while economics arkansas operates with a small staff, we are fortunate to have multiple "resource extenders" of master economic teachers (mets) and centers for economic education. Mets are classroom educators who have participated in our workshops and trainings and have demonstrated proficiency and ease with incorporating economic and financial education concepts into their classrooms in creative ways. Currently, there are 25 active mets, plus six retired educators dubbed "met emeritus" who continue to support the programs of economics arkansas. Also the organization began an "economic arkansas ambassadors" program for teachers across the state who strive to promote economic education and personal finance programs in their respective areas. Currently, there are 52 ambassadors assisting ea to educate and raise awareness of services and programs available. In addition, arkansas has six centers for economic education based in universities throughout the state, led by center directors who have economic training, who provide training and assistance to teachers in their geographic areas.economics arkansas is keenly aware of changes in the educational environment and strives to constantly evolve to meet the professional development needs of teachers as well as develop innovative offerings to engage students and families in the "real life" education economic education offers. We invest in new program ideas to test their viability and effectiveness. Sometimes these offerings become part of economics arkansas' core programs and sometimes they may only have a season of one or two years. Sometimes we assist with creating initiatives for other organizations to execute. Whatever the outcome of these opportunities, our vision remains for arkansas students to master an understanding economics and personal finance and apply that knowledge for success in the free-enterprise system.economics arkansas offers various engagement opportunities for students and families. Competitions for students in grades 9-12 such as economics challenge, personal finance challenge, pitch it! And $10 challenge are offered to not only test economic and financial knowledge but also to promote entrepreneurship skills encouraging business plan development of innovative solutions to gaps in services and products. For lower grades, econ games and picturing econ art competitions are offered. Econ games targets grades 4-5. Student teams apply their knowledge of economics and personal finance by creating and participating in an assembly line, taking a critical thinking test, and developing and presenting an idea that solves a real-world problem. Students in grades k-8 participate in an art competition where they are challenged to picture economics by illustrating their understanding of its concepts. These competitions bring to "real life" the vast applications of classroom learning. Family engagement opportunities consists of family financial literacy nights, where schools commit to host events and ea provides kits filled with activities, supplies and resources that families can participate in and learn together.

Expenses: $58K

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue$34K
Investment income$14K
Other revenue
Total revenue$1.2M

Expenses

Grants paid$57K
Salaries & benefits$648K
Fundraising$139K
Other expenses$428K
Total expenses$1.1M
Total assets$745K
Net assets$601K

People

50 listed

NameRoleCompensation

KATHLEEN LAWSON

EXECUTIVE DIRECTOR

Board

$125K

50 hrs/wk

MATT WAHL

VICE TREASURER

Board

0.1 hrs/wk

MATTHEW VICK

DIRECTOR

Board

0.1 hrs/wk

PATRICK MCALPINE

DIRECTOR

Board

0.1 hrs/wk

JASON CHACKO

DIRECTOR

Board

0.1 hrs/wk

DR JARED CLEVELAND

DIRECTOR

Board

0.1 hrs/wk

MILES GOGGANS

DIRECTOR

Board

0.1 hrs/wk

ROBYN BRESHEARS

CHAIRMAN

Board

1 hrs/wk

HEATHER JONES

VICE CHAIRMAN

Board

0.8 hrs/wk

DR CHRIS NAIL

PRESIDENT

Board

0.5 hrs/wk

DR KAREN WALTERS

VICE PRESIDENT

Board

0.5 hrs/wk

RANDI CHAMBERS

TREASURER

Board

0.8 hrs/wk

ROB BELL

SECRETARY

Board

0.8 hrs/wk

RANDY LAWSON

IMMEDIATE PAST CHAIRMAN

Board

0.25 hrs/wk

MICHAEL POORE

IMMEDIATE PAST PRESIDENT

Board

0.2 hrs/wk

JERROD WILLIAMS

DIRECTOR

Board

0.1 hrs/wk

BOB HAMILTON

DIRECTOR

Board

0.1 hrs/wk

JOHN SKIPPER WARD

DIRECTOR

Board

0.1 hrs/wk

JOHNNY KEY

DIRECTOR

Board

0.1 hrs/wk

JIM TUCKER

DIRECTOR

Board

0.1 hrs/wk

DR BRENT D WILLIAMS

DIRECTOR

Board

0.1 hrs/wk

CE NED HENDRIX III

DIRECTOR

Board

0.1 hrs/wk

A WYCKLIFF NISBET JR

DIRECTOR

Board

0.5 hrs/wk

PERRY WILSON

DIRECTOR

Board

0.25 hrs/wk

DR DONALD R BOBBITT

DIRECTOR

Board

0.1 hrs/wk

JANE ENGLISH

DIRECTOR

Board

0.1 hrs/wk

DAVID HUMPHREY

DIRECTOR

Board

0.1 hrs/wk

MATUSCHKA LINDO BRIGGS

DIRECTOR

Board

0.1 hrs/wk

CURTIS JEFFRIES

DIRECTOR

Board

0.1 hrs/wk

JIM WOOTEN

DIRECTOR

Board

0.1 hrs/wk

RANDY ZOOK

DIRECTOR

Board

0.1 hrs/wk

JIM ANDREWS

DIRECTOR

Board

0.1 hrs/wk

LOU GRAHAM

DIRECTOR

Board

0.1 hrs/wk

LORRIE TROGDEN

DIRECTOR

Board

0.1 hrs/wk

LINDSAY CARTER

DIRECTOR

Board

0.1 hrs/wk

DEVIN BATES

DIRECTOR

Board

0.1 hrs/wk

ANDREA LEWIS

DIRECTOR

Board

0.1 hrs/wk

JAY MEADOR

DIRECTOR

Board

0.1 hrs/wk

MEREDITH MOLL

DIRECTOR

Board

0.2 hrs/wk

PATRICK WILSON

DIRECTOR

Board

0.1 hrs/wk

JOHN WOOTEN

DIRECTOR

Board

0.1 hrs/wk

NAKESHA CUNNINGHAM

DIRECTOR

Board

0.1 hrs/wk

ERIC MUNSON

DIRECTOR

Board

0.1 hrs/wk

LEANN HELMS

DIRECTOR

Board

0.1 hrs/wk

ALLISON RICHARDSON

DIRECTOR

Board

0.1 hrs/wk

DR BENNY GOODEN

LIFETIME BOARD MEMBER

Board

0.05 hrs/wk

WILLIAM B FISHER

LIFETIME BOARD MEMBER

Board

0

ROGERS FORD

LIFETIME BOARD MEMBER

Board

0

PHILLIP CARLOCK

DIRECTOR

Board

0.1 hrs/wk

JIM WALTON

LIFETIME BOARD MEMBER

Board

0

Independent contractors

MOMENTUM3 LLC

IT CONSULTING

$120K

Grants received

Showing 25 of 25

FromAmountPurposeYear
$5K
To support teachers with the resources to integrate economic vocabulary and experiences into the existing classroom curriculum-in math, science, reading, and social studies.
2024
$145K
TO INCREASE THE ECONOMIC LITERACY OF PREK-12TH GRADE STUDENTS IN ARKANSAS.
2023
$50K
To support Economics Arkansas classroom projects in Arkansas classrooms.
2023
$20K
To support general operations.
2023
$5K
To support teachers with the resources to integrate economic vocabulary and experiences into the existing classroom curriculum in math, science, reading, and social studies.
2023
$120K
TO INCREASE THE ECONOMIC LITERACY OF PREK-12TH GRADE STUDENTS IN ARKANSAS.
2022
$50K
To support Economics Arkansas classroom projects in Arkansas classrooms.
2022
$20K
To support general operations in 2022.
2022
$5K
to support teachers with the resources to integrate economic vocabulary and experiences into the existing classroom curriculum-in math, science, reading, and social studies
2022
$2K
Connecting Educators to Industry
2022
$123K
TO INCREASE THE ECONOMIC LITERACY OF PREK-12TH GRADE STUDENTS IN ARKANSAS.
2020
$28K
FURTHER EXEMPT PURPOSE
2020
$25K
PROGRAM SUPPORT
2020
$20K
General Operating Support
2020
$10K
Education
2020
$8K
PROGRAM SUPPORT
2020
$11K
FURTHER EXEMPT PURPOSE
2019
$11K
FURTHER EXEMPT PURPOSE
2019
$111K
To increase the economic literacy of preK-12th grade students in Arkansas.
2018
$9K
FURTHER EXEMPT PURPOSE
2018
$3K
TO SUPPORT PROFESSIONAL DEVELOPMENT TRAININGS AND PROGRMAS FOR JEFFERSON COUNTY TEACHERS DURING THE CURRENT SCHOOL YEAR
2018
$3K
TO SUPPORT THE ARKANSAS COUNCIL ON ECONOMIC EDUCATION
2018
$105K
To increase the economic literacy of preK-12th grade students in Arkansas.
2017

Funded by

$904K from 9 funders · 25 grants · 2017–2024

Economics Arkansas Foundation

$604K · 5 grants · 2017–2023

Walton Family Foundation Inc

$160K · 5 grants · 2020–2023

Arkansas Humanities Council

$59K · 4 grants · 2018–2020

Investor Protection Trust

$33K · 2 grants · 2020

Arvest Foundation

$25K · 4 grants · 2020–2024

Arkansas Community Foundation Inc

$6K · 2 grants · 2018

Details

EIN716058254
NTEE codeO53Z
Subsection03
Ruling date1962-12
Formed1962
Employees7
Volunteers97
ARKANSAS STATE COUNCIL ON ECONOMIC EDUCATION — Mission, Financials & Grants Received | Grantivo