ECONOMIC AWARENESS COUNCIL

EIN: 300158613 501(c)(3) Education

Chicago, IL

Total Revenue
$954,876
Total Expenses
$734,342
Total Assets
$777,006
Net Assets
$764,463
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
Tracy Frizzell
Phone
7739559000
Tax Period
2025-01-01 to 2025-12-31

ECONOMIC AWARENESS COUNCIL, founded in 2005, is a small nonprofit in the Education sector that reported $259K in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year. Expenses of $230K left a modest 11% surplus.

Mission

Prepare students and families for the economic and financial decisions they will make both today and tomorrow.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $846,880
Program Service Revenue $92,616
Investment Income $15,381
Other Revenue $-1
TOTAL REVENUE $954,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $400,417
Fundraising Expenses $8,495
Program Expenses $687,768
Other Expenses $333,925
TOTAL EXPENSES $734,342

Year-over-Year Comparison

2025 2024 Change
Revenue $954,876 $672,121 +0.4%
Expenses $734,342 $620,026 +0.2%
Net Income $220,534 $52,095 +3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
8
Employees
6
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$169,400
Total Directors
10
$169,400
Key Employees
1
$169,400
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tracy Frizzell Executive Director 50
Officer Director Key Emp Highest
$169,400 $0 $169,400
Brian Frizzell Treasurer 5
Officer Director
$0 $0 $0
Zachary Brown Director 1
Director
$0 $0 $0
Alberto Roman Director 1
Director
$0 $0 $0
Christine Tinker Director 1
Director
$0 $0 $0
Deborah Ross Director 1
Director
$0 $0 $0
Margaret Johnsson Director 1
Director
$0 $0 $0
Michael Fehlman Director 1
Director
$0 $0 $0
Daniel Short Director 1
Director
$0 $0 $0
Gayle Ekstrom Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $954,876 $734,342 $777,006 $220,534
2024 $672,121 $620,026 $546,488 $52,095
2024 $672,121 $620,026 $546,488 $52,095
2023 $564,461 $459,196 $509,014 $105,265
2022 $448,212 $390,844 $392,285 $57,368
2021 $444,115 $366,919 $334,611 $77,196
2020 $486,469 $350,161 $258,360 $136,308
2019 $282,810 $314,449 $87,190 $-31,639
2018 $258,903 $229,895 $115,499 $29,008
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