Arkansas State Council on Economic Education
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO EQUIP PREK-12 SCHOOLS WITH STANDARD-BASED RESOURCES AND PROFESSIONAL DEVELOPMENT TO TEACH ECONOMICS, PERSONAL FINANCE AND THE FREE ENTERPRISE SYSTEM USING PRACTICAL, INNOVATIVE AND INSPIRATIONAL METHODS.
- Income
- $865,362
- Spending
- $1.2 million
- Spent on programs
- 73%
- Reserves
- 0.1 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 7
- Volunteers
- 129
- Highest pay
- $156,207, executive director
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 29 out of 100. Higher than 3% of charities in its peer group (youth development, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.1 months of spending.
Debt
10 of 20It owes 38% of what it owns.
Living within its means
0 of 15Spending exceeded income by 37% of income.
Income trend
0 of 15Income fell 25% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 79% of charities in its peer group (youth development, $250k to $1m).
Independent board
25 of 2546 of 46 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, 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 (3)
- $517,310 spent. TEACHER PROFESSIONAL DEVELOPMENT: K-12 EDUCATORS IN ARKANSAS ARE REQUIRED TO OBTAIN 36 HOURS PER YEAR OF PROFESSIONAL DEVELOPMENT TRAINING, AND WE ARE CERTIFIED BY THE ARKANSAS DEPARTMENT OF EDUCATION TO PROVIDE THESE HOURS THROUGH WORKSHOPS AND IN-SERVICE TRAINING OPPORTUNITIES BOTH IN-PERSON AND VIRTUAL. WE HOST MULTI-DAY WORKSHOPS IN THE SUMMER, PLUS 1-6 HOUR TRAININGS DURING THE SCHOOL YEAR. WE PARTNER WITH A VARIETY OF ENTITIES TO PROVIDE ENGAGING, CREATIVE AND USER-FRIENDLY RESOURCES TO ASSIST TEACHERS WITH INTEGRATING ECONOMIC, PERSONAL FINANCE AND ENTREPRENEURSHIP CONCEPTS INTO THEIR CLASSROOMS NO MATTER WHAT GRADE LEVEL OR SUBJECT MATTER THEY TEACH. TO LEARN MORE, VISIT WWW.ECONOMICSARKANSAS.ORG.
- $126,360 spent. THE STOCK MARKET GAME(TM): THIS INVESTMENT SIMULATION IS OFFERED EACH SCHOOL YEAR TO STUDENTS IN GRADES 4 - 12. WE HOST TWO 13-WEEK SESSIONS, ONE IN THE FALL AND ONE IN THE SPRING. IN ADDITION, WE OFFER A YEARLONG SESSION FROM SEPTEMBER THROUGH APRIL. TEACHERS REGISTER STUDENT TEAMS TO MANAGE AND TRADE "LIVE" A HYPOTHETICAL $100,000 PORTFOLIO OF STOCKS, BONDS AND MUTUAL FUNDS. THEIR GOAL IS TO GROW THE PORTFOLIO AS MUCH AS POSSIBLE DURING THE SESSION FOR WHICH THEY REGISTERED. THIS STANDARDS-BASED "GAME" INTEGRATES TECHNOLOGY, MATH, SOCIAL STUDIES, HIGHER-LEVEL THINKING, TEAM BUILDING, AND OF COURSE, ECONOMICS INTO ONE ENGAGING LEARNING TOOL FOR TEACHERS. THIS PROGRAM SERVED 16,330 STUDENTS LAST YEAR. AN EXTENSION OF THIS PROGRAM IS AN ESSAY-WRITING CONTEST CALLED "INVESTWRITE" WHERE STUDENTS SUBMIT RESPONSES TO A GIVEN INVESTMENT QUESTION. ARKANSAS IS PROUD TO HAVE BOTH STATE AND NATIONAL WINNERS IN THIS PROGRAM. THIS PROGRAM IS FREE OF CHARGE TO TEACHERS VIA THE GENEROUS SPONSORSHIPS OF WALTON FAMILY FOUNDATION AND ARKANSAS SECURITIES DEPARTMENT.
- $62,941 spent. ADDITIONAL INITIATIVES OFFERED BY ECONOMICS ARKANSAS INCLUDE CEE/NAEE DUES, PUBLIC RELATIONS, TEACHER AWARDS PROGRAM, RESOURCE EXTENDER SUPPORT, STUDENT AND FAMILY PROGRAMS, NEW AND OTHER PROGRAM ENTERPRISES.CEE/NAEE DUES ALLOW DISCOUNTS ON ECONOMIC EDUCATION MATERIALS, PRIORITY ACCESS TO REGIONAL AND NATIONAL CONFERENCES, AWARD OPPORTUNITIES AND OCCASIONS TO PARTICIPATE IN NATIONAL PROGRAM OPPORTUNITIES.ECONOMICS ARKANSAS UTILIZES PART OF ITS PUBLIC RELATIONS BUDGET TO SUPPORT TEACHER AND STUDENT PRESENTATIONS. ALSO INCLUDED ARE MEMBERSHIPS TO PROFESSIONAL ORGANIZATIONS SUCH AS ARKANSAS ASSOCIATION OF EDUCATIONAL ADMINISTRATORS AND CHAMBERS OF COMMERCE WITHIN THE STATE. THEY SERVE AS RESOURCES FOR PROMOTION OF MATERIALS AND SERVICES WE MAKE AVAILABLE TO ARKANSAS EDUCATIONAL INSTITUTIONS.TEACHERS MAY SUBMIT CLASSROOM PROJECTS VIA WRITTEN APPLICATION FOR THE OPPORTUNITY WIN A STATE AWARD, INCLUDING A CASH AWARD AND THE COVETED "BESSIE" STATUE.WHILE ECONOMICS ARKANSAS OPERATES WITH A SMALL STAFF, WE ARE FORTUNATE TO HAVE MULTIPLE "RESOURCE EXTENDERS" OF MASTER ECONOMIC TEACHERS (METS) AND CENTERS FOR ECONOMIC EDUCATION. METS ARE CLASSROOM EDUCATORS WHO HAVE PARTICIPATED IN OUR WORKSHOPS AND TRAININGS AND HAVE DEMONSTRATED PROFICIENCY AND EASE WITH INCORPORATING ECONOMIC AND FINANCIAL EDUCATION CONCEPTS INTO THEIR CLASSROOMS IN CREATIVE WAYS. CURRENTLY, THERE ARE 23 ACTIVE METS, PLUS SIX RETIRED EDUCATORS DUBBED "MET EMERITUS" WHO CONTINUE TO SUPPORT THE PROGRAMS OF ECONOMICS ARKANSAS. ALSO THE ORGANIZATION BEGAN AN "ECONOMIC ARKANSAS AMBASSADORS" PROGRAM FOR TEACHERS ACROSS THE STATE WHO STRIVE TO PROMOTE ECONOMIC EDUCATION AND PERSONAL FINANCE PROGRAMS IN THEIR RESPECTIVE AREAS. CURRENTLY, THERE ARE 52 AMBASSADORS ASSISTING EA TO EDUCATE AND RAISE AWARENESS OF SERVICES AND PROGRAMS AVAILABLE. IN ADDITION, ARKANSAS HAS SIX CENTERS FOR ECONOMIC EDUCATION BASED IN UNIVERSITIES THROUGHOUT THE STATE, LED BY CENTER DIRECTORS WHO HAVE ECONOMIC TRAINING, WHO PROVIDE TRAINING AND ASSISTANCE TO TEACHERS IN THEIR GEOGRAPHIC AREAS.ECONOMICS ARKANSAS IS KEENLY AWARE OF CHANGES IN THE EDUCATIONAL ENVIRONMENT AND STRIVES TO CONSTANTLY EVOLVE TO MEET THE PROFESSIONAL DEVELOPMENT NEEDS OF TEACHERS AS WELL AS DEVELOP INNOVATIVE OFFERINGS TO ENGAGE STUDENTS AND FAMILIES IN THE "REAL LIFE" EDUCATION ECONOMIC EDUCATION OFFERS. WE INVEST IN NEW PROGRAM IDEAS TO TEST THEIR VIABILITY AND EFFECTIVENESS. SOMETIMES THESE OFFERINGS BECOME PART OF ECONOMICS ARKANSAS' CORE PROGRAMS AND SOMETIMES THEY MAY ONLY HAVE A SEASON OF ONE OR TWO YEARS. SOMETIMES WE ASSIST WITH CREATING INITIATIVES FOR OTHER ORGANIZATIONS TO EXECUTE. WHATEVER THE OUTCOME OF THESE OPPORTUNITIES, OUR VISION REMAINS FOR ARKANSAS STUDENTS TO MASTER AN UNDERSTANDING ECONOMICS AND PERSONAL FINANCE AND APPLY THAT KNOWLEDGE FOR SUCCESS IN THE FREE-ENTERPRISE SYSTEM.ECONOMICS ARKANSAS OFFERS VARIOUS ENGAGEMENT OPPORTUNITIES FOR STUDENTS AND FAMILIES. COMPETITIONS FOR STUDENTS IN GRADES 9-12 SUCH AS ECONOMICS CHALLENGE, PERSONAL FINANCE CHALLENGE, PITCH IT! AND $10 CHALLENGE ARE OFFERED TO NOT ONLY TEST ECONOMIC AND FINANCIAL KNOWLEDGE BUT ALSO TO PROMOTE ENTREPRENEURSHIP SKILLS ENCOURAGING BUSINESS PLAN DEVELOPMENT OF INNOVATIVE SOLUTIONS TO GAPS IN SERVICES AND PRODUCTS. FOR LOWER GRADES, ECON GAMES AND PICTURING ECON ART COMPETITIONS ARE OFFERED. ECON GAMES TARGETS GRADES 4-5. STUDENT TEAMS APPLY THEIR KNOWLEDGE OF ECONOMICS AND PERSONAL FINANCE BY CREATING AND PARTICIPATING IN AN ASSEMBLY LINE, TAKING A CRITICAL THINKING TEST, AND DEVELOPING AND PRESENTING AN IDEA THAT SOLVES A REAL-WORLD PROBLEM. STUDENTS IN GRADES K-8 PARTICIPATE IN AN ART COMPETITION WHERE THEY ARE CHALLENGED TO PICTURE ECONOMICS BY ILLUSTRATING THEIR UNDERSTANDING OF ITS CONCEPTS. THESE COMPETITIONS BRING TO "REAL LIFE" THE VAST APPLICATIONS OF CLASSROOM LEARNING. FAMILY ENGAGEMENT OPPORTUNITIES CONSISTS OF FAMILY FINANCIAL LITERACY NIGHTS, WHERE SCHOOLS COMMIT TO HOST EVENTS AND EA PROVIDES KITS FILLED WITH ACTIVITIES, SUPPLIES AND RESOURCES THAT FAMILIES CAN PARTICIPATE IN AND LEARN TOGETHER.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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 November 6, 2026.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1962.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.