New Jersey Ffa Foundation Inc
- Assets
- $654.1k
- Revenue
- $123.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Allentown, NJ
- Founding
- 03/1980
- Data as of
- 06/2022
- EIN
- 22-2222888
Organization Overview
New Jersey Ffa Foundation Inc is located in Allentown, NJ. The organization was established in 1980. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Ffa Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, New Jersey Ffa Foundation Inc generated $123.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $68.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING YOUTH EDUCATION IN AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COLLEGE SCHOLARSHIPS TO STUDENTS CONTINUING THEIR EDUCATION IN AGRICULTURE.
PROVIDE PRIZES AND AWARDS AT STATE CONVENTION FOR CONTEST PARTICIPANTS.
HELP PAY EXPENSES FOR STUDENTS TO ATTEND NATIONAL CONVENTION, NLCSO, AND ILSSO.
SPECIAL PROJECTS TO PROMOTE AGRICULTURE AMONG STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Yesalavich Vice President | OfficerTrustee | 2 | $0 |
Jacque Roszel President & CEO | OfficerTrustee | 2 | $0 |
Jeremy D Posluszny Secretary | OfficerTrustee | 2 | $0 |
Debra Mcclusky Treasurer | OfficerTrustee | 2 | $0 |
William Walker Member Of The Board | Trustee | 2 | $0 |
Erin Noble State Program Leader | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,062 |
| Total Program Service Revenue | $0 |
| Investment income | $28,942 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $679 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,874 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $68,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $654,094 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $654,094 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $654,094 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $654,094 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Jersey Ffa Foundation Inc has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farms For City Kids Foundation Inc Port Washington, NY | $13,292,500 | $3,299,367 |
New York State Future Farmers Leadership Trng Foundation Inc Croghan, NY | $5,663,495 | $1,226,408 |
Future Farmers Of America Harrisburg, PA | $155,785 | $777,480 |
Wellsboro Shared Homes Inc Wellsboro, PA | $416,497 | $421,167 |
Hunterdon County 4-H And Agricultural Fair Hopewell, NJ | $795,386 | $371,256 |
Phillies Bridge Farm Project Inc New Paltz, NY | $779,163 | $400,929 |
Farm Home & Youth Foundation Of Montgomery County Collegeville, PA | $1,482,454 | $265,418 |
Future Farmers Of America And Its State Associations & Local Chapter Ithaca, NY | $19,898 | $156,372 |
Somerset County 4h Association Bridgewater, NJ | $1,241,719 | $215,633 |
Rutgers The State University Of Nj Woodstown, NJ | $32,126 | $0 |
Magnolia Tree Earth Center Of Bedford Stuyvesant Inc Brooklyn, NY | $195,514 | $81,084 |
New York State 4-H Foundation Inc Ithaca, NY | $1,968,066 | $181,260 |