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COUNCIL FOR ECONOMIC EDUCATION
NEW YORK, NY · EIN 131623848 · Form 990 · FY2024 · NTEE V22Z · Social Science · Medium ($1M-$10M) · councilforeconed.org
revenue
$6.9M
expenses
$6.3M
net assets
$2.7M
employees
50
volunteers
225
program ratio
72%
mission · from form 990

THE MISSION OF THE COUNCIL FOR ECONOMIC EDUCATION (CEE) IS TO EQUIP K12 STUDENTS WITH THE TOOLS AND KNOWLEDGE OF PERSONAL FINANCE AND ECONOMICS SO THAT THEY CAN MAKE BETTER DECISIONS FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES. WE CARRY OUT OUR MISSION IN THREE WAYS. WE ADVOCATE TO REQUIRE PERSONAL FINANCE AND ECONOMIC EDUCATION IN EVERY STATE. WE PROVIDE TRAINING, TOOLS AND RESOURCES ONLINE AND LIVE THROUGH OVER 180 AFFILIATES NATIONWIDE TO MORE THAN 40,000 TEACHERS ANNUALLY WHO IN TURN BRING THE HIGHEST QUALITY ECONOMICS AND PERSONAL FINANCE INSTRUCTION TO OVER 4 MILLION STUDENTS. WE DEEPEN KNOWLEDGE AND INTRODUCE HIGH SCHOOL STUDENTS TO CRITICAL CAREER CAPABILITIES THROUGH OUR NATIONAL PERSONAL FINANCE CHALLENGE, NATIONAL ECONOMICS CHALLENGE, AND INVEST IN GIRLS PROGRAM.

profile · synthesized from sources

The Council for Economic Education (CEE) equips K-12 students with personal finance and economics knowledge to improve their decision-making and life outcomes. It advances this mission by training teachers, providing free classroom resources, and advocating for state-mandated financial education. CEE also engages students directly through national competitions and programs targeting underserved populations.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $583K
    OTHER PROGRAM SERVICES INCLUDE MARKETING OUR RESOURCES AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO TEACHERS, AND PROVIDING OUR RESOURCES IN AN INCREASING NUMBER OF FORMATS, INCLUDING ONLINE, VIDEO AND WEBINARS IN ADDITION TO PRINT AND IN-PERSON.
named programs · 5 · from sources

What they call their work

EconEdLink
Online platform offering over 1,000 free lessons, activities, and resources for K-12 teachers to teach economics and personal finance.
Financial Fitness for Life (FFFL)
Curriculum and professional development program that improves student financial knowledge, with measurable gains in benchmark performance in states like Tennessee and Kentucky.
Invest in Girls
Program designed to engage young women, particularly girls of color, in financial literacy and career development through workshops and mentorship.
National Economics Challenge
Program that increases student understanding of economics and has been shown to improve AP scores; includes state and national levels of competition.
National Personal Finance Challenge
Nationwide competition for high school students to demonstrate knowledge in earning income, spending, saving, investing, credit, and risk management; top teams compete in national finals with all expenses covered and cash prizes awarded.
activities · 5 groups

What they do

  • Financial Literacy Education Programs 2 activities
    • Develop national standards and curricula for economic education
      Creates national K–12 standards for personal finance and economics education, specifying grade-level learning objectives, and develops evidence-based curricula such as Financial Fitness for Life. Research shows these curricula significantly improve student outcomes, with assessment score increases of 41% in elementary schools in Kentucky and a 350% rise in benchmark proficiency in Tennessee.
    • Distribute free educational resources to educators and families
      Provides free online classroom resources, lesson plans, activities, games, and at-home financial education materials through platforms like EconEdLink and the NPFC Toolkit. Offers over 1,000 lessons and supports family financial learning with tools such as the Family-At-Home Financial Fun Pack. EconEdLink serves 450,000 unique users annually.
  • Education Policy Advocacy & Reform 1 activity
    • Advocate for economic and financial education policy
      Conducts advocacy through the biennial Survey of the States and FinEd50 reports, and partners with organizations to promote policy improvements and expand access to economic and personal finance education nationwide.
  • Youth Entrepreneurship & Financial Literacy Education 1 activity
    • Deliver student programs in economics and personal finance
      Hosts national student programs including the National Economics Challenge, National Personal Finance Challenge, and Invest in Girls to build economic and financial literacy among high school students. These programs include tiered competitions, career exploration, and real-world financial experiences, engaging over 30,000 students annually, with some sources citing up to nearly 10,000 students in specific challenges.
  • Teacher Professional Development 1 activity
    • Provide professional development and training for K–12 teachers
      Offers professional development through workshops, webinars, an annual 2-day conference for over 500 educators, and collaborative course development with educators and experts. Engages 35,000 teachers annually in training, delivers over 11,000 hours of instruction, and supports a network of over 180 affiliates to expand teacher capacity in economics and personal finance education.
  • Recognition and Awards Programs 1 activity
    • Recognize excellence in economic education
      Recognizes outstanding K–12 teachers, nonprofit organizations, and affiliated centers through awards such as the John Morton Excellence in Teaching Award, the Barry G. Haimes Award, the Albert Beekhuis Award, and the State Council of the Year Award to highlight innovation and excellence in economic and personal finance education.
financials · form 990 · fy2024
revenue
Total revenue$6.92M
Contributions & grants$5.93M86%
Program service revenue$699K10%
Investment income$29K0%
Other revenue$264K
expenses
Total expenses$6.32M
Program expenses72%
Admin / overhead11%
Fundraising18%
Salaries & benefits$3.29M
Grants paid out$220K
Largest expense lineCompensation
balance sheet
Total assets$3.48M
Cash$944K
Investments$192K
Liabilities$728K
Net assets$2.75M
Liquid reserves2.1 mo
3 years on record · 2020–2024 · YoY revenue +15.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
NAN J MORRISON PRESIDENT & CEO 40 $435K
DAN DELANY CHIEF DEVELOPMENT OFFICER 40 $268K
CHRISTOPHER CALTABIANO CHIEF PROGRAM OFFICER 40 $214K
ANDREA MOZO SENIOR DIRECTOR, DIGITAL P 40 $171K
RUBEN A RIVERA SR. DIRECTOR, PROFESSIONAL 40 $167K
TARNISHA SMART SR DIRECTOR OF DEVELOPMENT 40 $161K
ABITZEL D ROBINSON HOBSON OUTGOING COO/CFO 40 $109K
board members · 17
  • BARRY HAIMES — DIRECTOR
  • BENJAMIN M FRIEDMAN — DIRECTOR
  • CHET RAGAVAN — DIRECTOR
  • DENISE GUTIERREZ — DIRECTOR
  • DUNE THORNE — DIRECTOR
  • EMILY KOLINSKI MORRIS — DIRECTOR
  • GRAHAM TANAKA — DIRECTOR
  • HAROLD MCGRAW III — DIRECTOR
  • HEATHER LAVALLEE — DIRECTOR
  • JAMES FEBEO — DIRECTOR
  • JANE ABITANTA — DIRECTOR
  • JEFFREY M LACKER — TREASURER
  • JENNY JACOBS — DIRECTOR
  • JENNY VAN LEEUWEN HARRINGTON — DIRECTOR
  • JOHN J SIEGFRIED — DIRECTOR
  • JOHN T DILLON — DIRECTOR
  • LISA H BANKER — DIRECTOR
relationships · 15

Who they work with

  • 180 AFFILIATES Network — Network of affiliate organizations delivering training and resources to teachers nationwide
  • Alfred P. Sloan Foundation Partner — Collaborates on the Teaching Champion Award for high school economic educators in the New York Metropolitan area.
  • CNBC Partner — Media partner that has covered the National Economics Challenge in news coverage.
  • California Council for Economic Education Network — CEE state council recognized for outstanding service in teaching economics and personal finance.
  • EconEdLink Partner — Online platform providing free classroom resources and professional development webinars in personal finance and economics.
  • FINRA Investor Education Foundation Funder — Supported research on the long-term effects of financial education, cited in CEE's impact reporting
  • FinEd50 Partner — Partners on FinEd50 to evaluate and promote financial education policies across U.S. states.
  • George Washington University Partner — Academic collaboration through the Global Financial Literacy Excellence Center, with Annamaria Lusardi serving as Academic Director and CEE Board Member.
  • Invest in Girls Partner — Collaborates on programs that provide high school girls with financial knowledge and practical experience.
  • Shallyn Simma Partner — Board Member of Kenwood Neighborhood Organization and member of CEE's Associate Board.
  • Survey of the States Partner — Collaborates on the biennial Survey of the States to assess state-level personal finance and economics education requirements.
  • University of Delaware Center for Economics & Entrepreneurship Network — Affiliated Center for Economic Education in the CEE Network recognized for outstanding performance in teacher support and program delivery.
  • Val Chapman Partner — CEO of Financial Literacy For Kids and member of CEE's Associate Board.
  • Vivek Sharma Partner — CEO of ClosingTheDivide and member of CEE's Associate Board.
  • Wall Street Journal Partner — Collaborated to create quizzes based on the NPFC final round and featured the competition.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Collaborative Capacity Building via Affiliate Network
    methodology: collaborative_infrastructure
    By working through a national network of local affiliates and co-developing materials with educators and experts, we ensure contextually relevant, high-quality delivery of financial education, because localized implementation supported by expert collaboration increases program effectiveness and adoption.
  • Data-Informed Policy Advocacy
    methodology: data_driven_advocacy
    By generating and leveraging national data through tools like the Survey of the States and FinEd50, we influence education policy and expand access to financial education, because credible, standardized data strengthens advocacy efforts and drives systemic change.
  • Experiential and Scenario-Based Learning
    methodology: experiential_learning
    By engaging students in hands-on, real-world financial scenarios and competitions, we build practical financial literacy and sustain motivation, because active participation fosters deeper understanding and retention of economic concepts.
  • Family-Engaged Financial Education
    methodology: family_engaged_learning
    By involving both children and caregivers in shared financial learning activities, we reinforce financial habits at home and build collective knowledge, because family-based learning extends financial education beyond the classroom into daily life.
  • Teacher-Centered Multiplier Model
    methodology: teacher_multiplier_model
    By training and equipping K-12 teachers with curriculum and professional development, we scale effective financial and economic education to students across all 50 states, because teachers act as force multipliers in the education system.