MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION (EIN 416040647) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

JULIE BUNN

Phone

6126253727

Tax Period

2023-07-01 to 2024-06-30

MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION, founded in 1961, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 442% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 78% operating margin.

Mission

MCEE EQUIPS MINNESOTANS WITH THE ECONOMIC AND PERSONAL FINANCIAL KNOWLEDGE AND SKILLS TO MAKE INFORMED DECISIONS AND THRIVE IN OUR COMPLEX WORLD. WE FULFILL OUR MISSION BY TEACHING TEACHERS THROUGH TOP QUALITY PROFESSIONAL DEVELOPMENT AND PROVIDING CURRICULUM MATERIALS; BY ENGAGING STUDENTS WITH CHALLENGING PROGRAMS IN ECONOMIC AND PERSONAL FINANCE EDUCATION; AND BY REACHING COMMUNITIES THROUGH OUR COMMUNITY MENTORSHIP FOR FINANCIAL CAPABILITY PROGRAM AND OTHER PUBLIC OUTREACH ACTIVITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,722,238

Program Service Revenue $16,740

Investment Income $180,834

Other Revenue $0

TOTAL REVENUE $3,919,812

Expense Breakdown

Grants Paid $18,291

Salaries & Benefits $551,415

Fundraising Expenses $38,936

Program Expenses $721,452

Other Expenses $286,998

TOTAL EXPENSES $856,704

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,919,812	$723,246	+4.4%
Expenses	$856,704	$666,997	+0.3%
Net Income	$3,063,108	$56,249	+53.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

136

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

$156,892

Total Directors

$156,892

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY KAMENICK	DIRECTOR	1.50	Director	$0	$0	$0
ANDREW MAAS	DEVELOPMENT CHAIR	1.50	Officer Director	$0	$0	$0
APRIL CHUNG	DIRECTOR	1.50	Director	$0	$0	$0
BILL SCHWIETZ	DIRECTOR	1.50	Director	$0	$0	$0
BRADLEY R HUTTER	BOARD CHAIR	1.50	Officer Director	$0	$0	$0
BRIAN MUENCH	DIRECTOR	1.50	Director	$0	$0	$0
CHELLE GONZO	DIRECTOR	1.50	Director	$0	$0	$0
CYNTHIA J FITZTHUM	DIRECTOR	1.50	Director	$0	$0	$0
DANICA GOSHERT	DIRECTOR	1.50	Director	$0	$0	$0
EMANUEL EKSTROM	LONG RANGE PLANNING CHAIR	1.50	Officer Director	$0	$0	$0
JASON KLEY	DIRECTOR	1.50	Director	$0	$0	$0
JEANNA FIFER	DIRECTOR	1.50	Director	$0	$0	$0
JOHNATHAN GAST	DIRECTOR	1.50	Director	$0	$0	$0
JUDY MARES	DIRECTOR	1.50	Director	$0	$0	$0
JULIE BUNN	EXECUTIVE DIRECTOR	40.00	Officer Director	$117,522	$39,370	$156,892
JULIE SWEITZER	DIRECTOR	1.50	Officer Director	$0	$0	$0
KELLY MCCLELLAN	DIRECTOR	1.50	Director	$0	$0	$0
KERRY A JUNG	DIRECTOR	1.50	Director	$0	$0	$0
KIYRIE ABERNETHY	DIRECTOR	1.50	Director	$0	$0	$0
KRISTIN M FERGUSON	TREASURER & FINANCE CHAIR	1.50	Officer Director	$0	$0	$0
KRISTINE WEST	DIRECTOR	1.50	Director	$0	$0	$0
NANCY LAMBERT	SECRETARY & GOVERNANCE CHAIR	1.50	Officer Director	$0	$0	$0
STEVE GATHJE	DIRECTOR	1.50	Director	$0	$0	$0
STEVE LEAR	DIRECTOR	1.50	Director	$0	$0	$0
TERRY HURLEY	DIRECTOR	1.50	Director	$0	$0	$0
TIMOTHY DEVANEY	VICE CHAIR	1.50	Officer Director	$0	$0	$0
TODD SCHNELL	DIRECTOR	1.50	Director	$0	$0	$0
PJ HILL	DIRECTOR	1.50	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	No data	No data	No data	No data
2024	$3,919,812	$856,704	$4,566,001	$3,063,108
2023	$723,246	$666,997	$1,329,091	$56,249
2022	$854,318	$575,711	$1,192,884	$278,607
2021	$540,481	$514,525	$1,080,048	$25,956
2020	$481,799	$514,324	$882,483	$-32,525
2019	$439,681	$519,880	$937,390	$-80,199
2018	$553,495	$551,597	$1,049,205	$1,898

MINNESOTA STATE COUNCIL ON ECONOMIC EDUCATION