KANSAS COUNCIL ON ECONOMIC EDUCATION

EIN: 486116794 501(c)(3) Social Science

WICHITA, KS

Total Revenue
$697,043
Total Expenses
$254,717
Total Assets
$28,525
Net Assets
$2,286
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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
KS
Principal Officer
CHARLENE NICHOLS
Phone
3169785183
Tax Period
2023-07-01 to 2024-06-30

KANSAS COUNCIL ON ECONOMIC EDUCATION, founded in 1959, is a small nonprofit in the Social Science sector that reported $697K in total revenue in fiscal year 2023. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $442K, a strong 63% operating margin.

Mission

THE VISION OF THE KCEE IS THAT EVERY K-12 STUDENT IN KANSAS WILL BECOME ECONOMICALLY AND FINANCIALLY LITERATE. IN ORDER TO REACH AS MANY STUDENTS AS POSSIBLE, THE MISSION OF THE KCEE IS TO EQUIP TEACHERS TO TEACH ECONOMICS AND PERSONAL FINANCE.

Program Service Accomplishments

Program 1
Expenses: $83,073

PROVIDE EDUCATOR RESOURCES - KCEE STRIVES TO REACH AS MANY STUDENTS AS POSSIBLE BY EQUIPPING THEIR TEACHERS TO TEACH PERSONAL FINANCE AND ECONOMICS. WE TRAIN TEACHERS THROUGH WORKSHOPS, WEBINARS, AND...

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PROVIDE EDUCATOR RESOURCES - KCEE STRIVES TO REACH AS MANY STUDENTS AS POSSIBLE BY EQUIPPING THEIR TEACHERS TO TEACH PERSONAL FINANCE AND ECONOMICS. WE TRAIN TEACHERS THROUGH WORKSHOPS, WEBINARS, AND VIRTUAL CONFERENCES. IN ADDITION, WE PROVIDE TUITION ASSISTANCE TO ENABLE CERTIFIED KANSAS TEACHERS TO TAKE COURSES FOR GRADUATE CREDIT THROUGH OUR AFFILIATED UNIVERSITIES.

Program 2
Expenses: $49,844 Revenue: $4,532

PROVIDE EDUCATIONAL RESOURCES - KCEE PROVIDES ALL OF THE STANDARDS-BASED CURRICULUM RESOURCES THAT ARE NEEDED TO TEACH ECONOMICS AND PERSONAL FINANCE. MANY LESSON PLANS ARE INCLUDED. KCEE HAS...

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PROVIDE EDUCATIONAL RESOURCES - KCEE PROVIDES ALL OF THE STANDARDS-BASED CURRICULUM RESOURCES THAT ARE NEEDED TO TEACH ECONOMICS AND PERSONAL FINANCE. MANY LESSON PLANS ARE INCLUDED. KCEE HAS PREPARED AN ONLINE PERSONAL FINANCE COURSE THAT IS AVAILABLE TO ALL SCHOOLS IN KANSAS WITHOUT CHARGE. IT INCLUDES AN INTRODUCTION TO ECONOMICS AND INCORPORATES ALL OF THE APPROPRIATE RESOURCES THAT ARE AVAILABLE THROUGH KCEE. WE PROVIDE CURRICULUM RESOURCES TO ABOUT 1,000 TEACHERS.

Program 3
Expenses: $33,229

ADVOCATE - WE ADVOCATE FOR DEDICATED COURSES IN PERSONAL FINANCE AND ECONOMICS AT THE HIGH SCHOOL LEVEL. SPECIFICALLY, WE BELIEVE THAT ALL STUDENTS SHOULD BE REQUIRED TO PASS AT LEAST ONE COURSE IN...

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ADVOCATE - WE ADVOCATE FOR DEDICATED COURSES IN PERSONAL FINANCE AND ECONOMICS AT THE HIGH SCHOOL LEVEL. SPECIFICALLY, WE BELIEVE THAT ALL STUDENTS SHOULD BE REQUIRED TO PASS AT LEAST ONE COURSE IN ECOMOMICS AND ONE COURSE IN PERSONAL FINANCE. IDEALLY, EACH COURSE WOULD BE AT LEAST ONE SEMESTER IN LENGTH. THROUGH THEIR TEACHERS, WE REACH ABOUT 100,000 STUDENTS EACH YEAR THROUGH CLASSROOM INSTRUCTION AND BY PROVIDING PROGRAMS AND COMPETITIONS THAT ENGAGE STUDENTS THROUGH EXPERIENTIAL LEARNING AND PRACTICAL APPLICATIONS OF KNOWLEDGE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $685,477
Program Service Revenue $4,532
Investment Income $624
Other Revenue $6,410
TOTAL REVENUE $697,043

Expense Breakdown

Grants Paid $17,040
Salaries & Benefits $125,118
Fundraising Expenses $13,753
Program Expenses $166,146
Other Expenses $112,559
TOTAL EXPENSES $254,717

Year-over-Year Comparison

2023 2022 Change
Revenue $697,043 $249,067 +1.8%
Expenses $254,717 $248,058 +0.0%
Net Income $442,326 $1,009 +437.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
75

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
3
$110,573
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN GERACI CHAIR 1.00
Officer Director
$0 $0 $0
ALEX WILLIAMS TREASURER 1.00
Officer Director
$0 $0 $0
JEFF COPPER DIRECTOR 1.00
Director
$0 $0 $0
BRIAN DOCKING DIRECTOR 1.00
Director
$0 $0 $0
JILL DOCKING DIRECTOR 1.00
Director
$0 $0 $0
MARK DOUGLASS DIRECTOR 1.00
Director
$0 $0 $0
CATHY HOPKINS DIRECTOR 1.00
Director
$0 $0 $0
KEN HUSH DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS GIROD DIRECTOR 1.00
Director
$0 $0 $0
BRAD GOEBEL DIRECTOR 1.00
Director
$0 $0 $0
GREG GREENWOOD DIRECTOR 1.00
Director
$0 $0 $0
KIRK HASKINS DIRECTOR 1.00
Director
$0 $0 $0
STEVEN JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
LOWELL JONES DIRECTOR 1.00
Director
$0 $0 $0
TROY JORDAN DIRECTOR 1.00
Director
$0 $0 $0
CAROL LINNENS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LITAN DIRECTOR 1.00
Director
$0 $0 $0
ZACH MARTEN DIRECTOR 1.00
Director
$0 $0 $0
TISA MASON DIRECTOR 1.00
Director
$0 $0 $0
JEFF MORRIS DIRECTOR 1.00
Director
$0 $0 $0
RICHARD MUMA DIRECTOR 1.00
Director
$0 $0 $0
RICHARD LINTON DIRECTOR 1.00
Director
$0 $0 $0
MIKE RONEN DIRECTOR 1.00
Director
$0 $0 $0
DAN SHIPP DIRECTOR 1.00
Director
$0 $0 $0
MIKE SEITZ DIRECTOR 1.00
Director
$0 $0 $0
LUCAS SHIVERS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN WATSON DIRECTOR 1.00
Director
$0 $0 $0
CHARLENE NICHOLS PRESIDENT & CEO 40.00
Officer
$89,035 $21,538 $110,573
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 $697,043 $254,717 $28,525 $442,326
2023 $249,067 $248,058 $23,520 $1,009
2022 $244,823 $307,545 $15,357 $-62,722
2021 $462,218 $222,194 $218,215 $240,024
2020 $302,654 $340,990 $20,221 $-38,336
2019 $293,661 $338,380 $32,750 $-44,719
2018 $255,655 $343,133 $39,675 $-87,478
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