PLATINUM2023

Arizona Council On Economic Education

aka Arizona Council on Economic Education   |   Phoenix, AZ   |  www.azecon.org

Mission

To reach and teach every Arizona student to become financially and economically responsible in work and life. The ACEE envisions a world where all school-aged children are empowered through economic and personal financial literacy to make informed and rational choices throughout their lives as consumers, savers and investors, workers, entrepreneurs, citizens, and participants in a global economy.

Ruling year info

1998

President & CEO

Ms. Elena Zee

Main address

16421 N Tatum Blvd Ste 123

Phoenix, AZ 85032 USA

Show more contact info

EIN

86-0896574

NTEE code info

Elementary, Secondary Ed (B20)

Youth Development Programs (O50)

Employment Training (J22)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2020.
Register now

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Do you know almost half of American adults do not have $400 in emergency savings? That’s only one paycheck away from being homeless. Almost 20% of employees have financial problems severe enough to negatively impact their productivity and that a financially stressed employee spends 20 hours of work time each month on personal financial problems. Only 24% of Millennials surveyed could answer four out of five questions correctly in a financial literacy quiz. Only 10% of school-aged children receive some basic level of economic training. Kids are not learning about personal finance at home either. 69% of parents have reluctance about discussing financial matters with their kids. Compounding this failure in student performance, only 20% of teachers feel very competent teaching the subject. We believe children need to be prepared with basic financial and economic skills, just like reading, writing and arithmetic before entering the real world as adults.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Training Teachers

ACEE conducts comprehensive K-12 economic and personal finance education in alignment with Arizona Department of Education standards for each grade level. We reach 1500 teachers annually, impacting approximately 200,000 students.

Population(s) Served
Adults

ACEE hosts statewide Stock Market Game, Personal Finance Challenge, Economics Challenge, Financial Fitness in Action, Poster Contest, Beyond the Classroom Service Learning, and Rockonomix student programs statewide. ACEE conducts outreach and financial literacy family night to low income schools to bring parents and their children together to learn and talk about money.

Population(s) Served
Students
Families

Where we work

Accreditations

Assessment 2020

External assessments

Evaluated via the Impact Genome Project (2019)

Affiliations & memberships

Council for Economic Education 1998

Videos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of teachers trained

This metric is no longer tracked.
Totals By Year
Related Program

Training Teachers

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of teachers receiving professional development and training to teach financial literacy, economics and entrepreneurship

Number of students reached in financial literacy, economics and entrepreneurship education

This metric is no longer tracked.
Totals By Year
Related Program

Engaging Students and Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Through teacher training and strategic partnerships, our efforts multiply and reach more than 200,000 students who receive instruction and participate in our programs annually.

Number of schools served

This metric is no longer tracked.
Totals By Year
Related Program

Engaging Students and Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We serve schools statewide through five distinct and integrated delivery models including in-service, pre-service, on-line, teacher conference and stand-alone in-person workshops.

Number of youth programs offered

This metric is no longer tracked.
Totals By Year
Related Program

Engaging Students and Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Percentage of trained teachers who are new

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Percentage of Students from low to moderate income families

This metric is no longer tracked.
Totals By Year
Related Program

Engaging Students and Families

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Research shows that student achievement depends on systemic teacher engagement and quality. ACEE aims for all 1.3 million school-aged children in Arizona to grow up and become economically literate and financially responsible. Arizona Council on Economic Education (ACEE) partners with and empowers K-12 schools and teachers to help Arizona students own their future and become economically responsible adults. ACEE offers professional development in teaching economics, financial literacy and entrepreneurship to more than 1,500 teachers statewide, reaching 300,000 students annually. Teachers to receive engaging and innovative resources and pedagogy to confidently educate their students in financial literacy and economics.

ACEE is the only statewide organization in Arizona which trains teachers, is academically based with partnership with the Federal Reserve Banks, Universities and Colleges, nonproprietary, and cross curricular with engaging lesson activities. Since its founding, ACEE has served 1,974 schools statewide.

ACEE delivers programs not only to teachers but also to students and parents from low income families. The student programs include Personal Finance Challenge, the Stock Market Game, Economics Challenge, Rockonomix, Financial Fitness in Action, Beyond the Classroom Service-Learning in Economic Education and Poster Contest. The financial literacy family night brings parents and their children together to learn and talk about money.

Our strategy to deliver the programs and services is three-fold: training Arizona K-12 teachers, engaging students and coaching parents. By empowering teachers and parents who are most involved in children's daily lives, change in children's financial literacy and economic education is more sustainable.

Training Arizona K-12 Teachers: ACEE conducts comprehensive K-12 economic and personal finance education in alignment with Arizona Department of Education standards for each grade level. ACEE trains more than 1500 teachers, reaching 200,000 students annually. Teacher training is conducted via five distinct and integrated channels: in-district professional development; stand-alone workshops in partnership with higher ed institutions, the Federal Reserve Banks, or Arizona Department of Education; Webinars; workshops to student teachers; workshop sessions at statewide teacher conferences.

Engaging Students: statewide Stock Market Game, Personal Finance Challenge, Economics Challenge, Rockonomix, Poster Contest and Financial Fair for K-12 students. Arizona teams have placed top places at the national level.
Coaching Parents: Outreach to low income schools to conduct parent and children financial literacy after-school programs

People: Nationally distinguished educators in the field of economics and financial literacy to offer curriculum resources and pedagogy
Network: Have access to the national network of economic educators and cutting-edge curriculum resources.
Technology: new curriculum leveraging cutting-edge technology
Partners: strong partnership with K-12 schools, Arizona Department of Education, Federal Reserve Banks

The Arizona Council on Economic Education (ACEE) is a 501(C)3 nonprofit organization dedicated to improving economic and personal financial literacy in Arizona. ACEE is the original author of Arizona K-12 Economic Education Academic Standards and the only organization in Arizona which: provides teacher professional development in teaching personal finance and economics; has a strong, affiliated academic base with universities and community colleges; and distributes proven independent economic education curriculum resources to schools free of charge. Since its founding in 1973, ACEE has served 1,974 schools in 104 cities, training 1,500 teachers and reaching 200,000 students annually.

There are 1.3 million students across 3,000 schools in Arizona. We are leveraging our unique statewide network to expand our programs into more parts of Arizona to reach the under-served students and teachers. We want to empower every teacher and educate every student to be economically literate and financially responsible.

Financials

Arizona Council On Economic Education
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Arizona Council On Economic Education

Board of directors
as of 05/25/2023
SOURCE: Self-reported by organization
Board chair

Ms. Julie Jakubek

Allstate Agency

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 7/7/2022
info Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

No data

Equity strategies

Last updated: 01/11/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.