Future Farmers Of America And Its State Associations & Local Chapter is located in Tremont, IL. The organization was established in 1945. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Future Farmers Of America And Its State Associations & Local Chapter 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 12/2023, Future Farmers Of America And Its State Associations & Local Chapter generated $20.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $20.3k during the year ending 12/2023. While expenses have increased by 17.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE HIGH SCHOOL FFA STUDENTS EDUCATIONAL EXPERIENCE IN OPERATIONS OF BUSINESS ENTERPRISES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,165 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $19,348 |
Total Revenue | $20,513 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $19,053 |
Printing, publications, postage, and shipping | $1,209 |
Other expenses | $0 |
Total expenses | $20,262 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $97,550 |
Other assets | $0 |
Total assets | $97,550 |
Total liabilities | $0 |
Net assets or fund balances | $97,550 |