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Alabama Council on Economic Education Inc

EIN 23-7048024 · Birmingham, AL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair67 out of 100GovernanceGood82 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROMOTE AND IMPROVE ECONOMIC AND FINANCIAL EDUCATION FOR K-12 STUDENTS IN ALABAMA'S SCHOOLS. ACEE PROVIDES COMPREHENSIVE PROFESSIONAL DEVELOPMENT, PROGRAMS, AND CURRICULUM RESOURCES FOR TEACHERS IN ECONOMICS AND PERSONAL FINANCE. MULTIPLE CLASSROOM PROGRAMS FOR STUDENTS ARE OFFERED THROUGHOUT THE STATE. ACEE DELIVERS CURRICULUM ALIGNED WITH ALABAMA DEPARTMENT OF EDUCATION STANDARDS AND GRADUATION REQUIREMENTS.

Income
$297,007
Spending
$284,869
Spent on programs
81%
Reserves
5.7 months of spending
Largest source of income
donations and private grants, 61%
Employees
2
Volunteers
0
Highest pay
$43,937, executive program director

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 67 out of 100. Higher than 35% of charities in its peer group (social science, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.7 months of spending.

  • Debt

    2 of 20

    It owes 87% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 4% of income.

  • Income trend

    15 of 15

    Income rose 95% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 82 out of 100. Higher than 59% of charities in its peer group (social science, $250k to $1m).

  • Independent board

    25 of 25

    21 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    12 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $127,145 spent. TO TRAIN TEACHERS IN ECONOMICS AND FINANCIAL LITERACY INSTRUCTION, ENABLING THEM TO PASS THIS KNOWLEDGE TO STUDENTS IN THE CLASSROOM. ACEE PROVIDES PROFESSIONAL DEVELOPMENT THROUGH ONLINE WEBINARS AND IN PERSON WORKSHOPS HELD THROUGHOUT THE STATE UTILIZING TESTED AND APPROVED CURRICULUM MATERIALS THAT COMPLY WITH THE ALABAMA STATE DEPARTMENT OF EDUCATION STANDARDS AND GRADUATION REQUIREMENTS. CURRICULUM MATERIALS AND/OR IN-PERSON WORKSHOPS ARE PROVIDED AT NO COST AND ACEE GIVES FUNDS DIRECTLY TO SCHOOLS FOR SUBSTITUTE TEACHER PAY SO THAT TEACHERS MAY ATTEND PROFESSIONAL DEVELOPMENT WORKSHOPS OR WEBINARS.
  2. $104,028 spent. TO OFFER STUDENTS GRADES 6 TO 12 A VARIETY OF CLASSROOM PROGRAMS WHERE THE STUDENTS HAVE A CHANCE TO DEMONSTRATE THEIR KNOWLEDGE OF PERSONAL FINANCE/ECONOMICS IN A FUN AND CHALLENGING WAY. THESE PROGRAMS ENCOURAGE STUDENTS TO TAKE AN INTEREST IN THEIR FINANCIAL FUTURE. THESE PROGRAMS INCLUDE COMPETITIONS THAT ENCOURAGE THE STUDENTS TO MAKE REAL WORLD CONNECTIONS, AND OFFER OPPORTUNITIES FOR STUDENTS TO ADVANCE TO NATIONAL EVENTS.

Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 1969.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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