Oklahoma Council On Economic Education in Edmond, Oklahoma (OK)

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Oklahoma Council On Economic Education
Employer Identification Number (EIN)736102613
Name of OrganizationOklahoma Council On Economic Education
In Care of NameUniversity Of Central Oklahoma
Address100 N University Drive Box 103, Edmond, OK 73034
ActivitiesOther instruction and training
SubsectionEducational Organization
Ruling Date01/1954
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$230,901
Amount of Income$170,441
Form 990 Revenue Amount$170,441


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$98,752
Contributions, gifts, grants, and similar amounts received$96,341
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$1,201
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$1,210
Total expenses$206,118
Total net assets$283,170
Deficit for the year$-107,366
Net assets or fund balances at beginning of year$394,199
Other changes in net assets or fund balances$-3,663
Balance Sheets (for 2012)
Total assets$292,695
Total liabilities$9,525
Net assets or fund balances$283,170
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$1,334,810
Gifts, grants, contributions, and membership fees received$863,741
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$288,705
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$160,000
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$6,880
Other$15,484
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