COLORADO COUNCIL ON ECONOMIC EDUCATION Charity Report

Public IRS 990 nonprofit record

COLORADO COUNCIL ON ECONOMIC EDUCATION

EIN 84-0646077 · Economics (V22)

What they do

OUR MISSION is to EMPOWER COLORADO STUDENTS to ACHIEVE A LIFETIME of ECONOMIC UNDERSTANDING and FINANCIAL FREEDOM. HOW WILL WE ACHIEVE THIS MISSION? BY PROVIDING ECONOMIC and PERSONAL FINANCIAL EDUCATION to STUDENTS THROUGH TRAINING PROGRAMS and CLASSROOM RESOURCES DELIVERED to TEACHERS, SCHOOLS and SCHOOL DISTRICTS. WE ENVISION A WORLD WHERE ALL COLORADO STUDENTS WILL LEARN THE FUNDAMENTAL ECONOMIC and FINANCIAL DECISION-MAKING SKILLS NECESSARY to REALIZE THEIR POTENTIAL. THIS MISSION is A GOOD FIT WITH JUNIOR ACHIEVEMENT-ROCKY MOUNTAINS (JA) MISSION to INSPIRE and PREPARE YOUNG PEOPLE to OWN THEIR ECONOMIC SUCCESS. IN PARTNERSHIP WITH BUSINESS and EDUCATORS JA IMMERSES STUDENTS IN DISRUPTIVE, REAL-WORLD EXPERIENCES. THE ACQUISITION of COLORADO COUNCIL ON ECONOMIC EDUCATION (ELC) BY JUNIOR ACHIEVEMENT-ROCKY MOUNTAIN WAS APPROVED BY THE JA BOARD ON AUGUST 22, 2024. THE ACQUISITION WAS APPROVED BY THE ELC BOARD ON AUGUST 15, 2024.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

234.87%of revenue went to mission work72.6% of expenses · Program services

39.95%of revenue went to fundraising12.4% of expenses

$323.32spent for every $100 of revenueSpending was higher than revenue this year.

48.50%of revenue went to management and office costs15.0% of expenses

58.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $113,540 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $26,382 for AMY SHERMAN (PRESIDENT AN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$50,842

Mission workProgram services$119,411234.87% of revenue72.6% of expenses

ManagementOffice and general costs$24,66048.50% of revenue15.0% of expenses

FundraisingAsking for donations$20,31139.95% of revenue12.4% of expenses

Total expenses$164,382323.32% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.6% mission · 15.0% management · 12.4% fundraisingTotal expenses: 323.32% of revenue

2023Expense mix: 75.0% mission · 13.3% management · 11.6% fundraisingTotal expenses: 107.73% of revenue

2022Expense mix: 69.5% mission · 13.2% management · 17.2% fundraisingTotal expenses: 120.88% of revenue

2021Expense mix: 68.2% mission · 11.0% management · 21.1% fundraisingTotal expenses: 94.41% of revenue

2020Expense mix: 76.2% mission · 11.8% management · 12.0% fundraisingTotal expenses: 78.34% of revenue

Money in and money out

Revenue$50,842

Expenses$164,382

Annual shortfall $113,540 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$119,411 · 72.6% of expenses

Management and office costs$24,660 · 15.0% of expenses

Fundraising$20,311 · 12.4% of expenses

See all reported dollar amounts

Revenue$50,842

Expenses$164,382

Income$829,797

Contributions$29,925

Mission work (program services)$119,411

Fundraising$20,311

Management and general$24,660

Executive compensation (total)$123,360

Stocks and bonds$460,578

Accounting fees$3,038

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMY SHERMANPRESIDENT AN · 40 hrs/week $26,382

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

AMY SHERMANPRESIDENT AN

TORY TRIPPMEMBER

ADI LEONARDMEMBER

TODD VANOSDOLLTREASURER

STEPHANIE HARTMANMEMBER

SLOAN SMITHCHAIR

SANDY SHOEMAKERMEMBER

RYAN HARRISMEMBER

PETER COORSMEMBER

NANCY RIMINGTONMEMBER

MICHELLE ADAMSMEMBER

LUIS RAMIREZMEMBER

LIZ DONLEYSECRETARY

LISA CASHMANMEMBER

JENNY PETTITMEMBER

ERIC BUSHMEMBER

DAN KATZCHAIR ELECT

CHRISTYLE RUSSELLMEMBER

CHRISTINA MARTINEZMEMBER

BEN WAYNEMEMBER

About this charity

Recognized since: November 1973
Location: 1355 S COLORADO BLVD SUITE 506, DENVER, CO 80202
County: Denver
In care of: AMY SHERMAN
Primary officer: AMY SHERMAN, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website EmailInfo@jarockymountain.org Phone(303) 752-2323

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KUNDINGER CORDER & MONTOYA PC
NTEE classification: Economics (V22)
IRS tax category: Economics