Future Farmers Of America
- Assets
- $75.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stoughton, WI
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 39-1740846
Organization Overview
Future Farmers Of America is located in Stoughton, WI. 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 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 12/2021, Future Farmers Of America generated $50.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $18.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Elvekrog Treasurer | 1 | $0 | |
Melanie Huchtausen Director | 1 | $0 | |
Val Barton Director | 1 | $0 | |
Mark Nordlie Vice President | 1 | $0 | |
Craig Furseth Director | 1 | $0 | |
Jerry Wendt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,225 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,432 |
| Other Revenue | $2,856 |
| Total Revenue | $50,513 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $178 |
| Printing, publications, postage, and shipping | $1,067 |
| Other expenses | $6,460 |
| Total expenses | $18,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,128 |
| Other assets | $0 |
| Total assets | $75,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Racine County Agricultural Society Inc Union Grove, WI | $3,072,798 | $1,782,527 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Wisconsin 4-H Foundation Inc Madison, WI | $5,255,333 | $529,277 |
Allegan County Youth Livestock Leaders Allegan, MI | $21,744 | $673,258 |
Future Farmers Of America Springfield, IL | $314,037 | $700,241 |
Illinois Foundation Future Farmers Of America Inc Springfield, IL | $1,899,527 | $790,765 |
Wisconsin Association Of Ffa Incorporated Madison, WI | $865,211 | $467,320 |
Clare County Junior Livestock Association Clare, MI | $31,400 | $575,231 |
The Wisconsin Ffa Foundation Inc Madison, WI | $2,205,553 | $598,609 |
Kent County Youth Agricultural Association Lowell, MI | $3,983,263 | $942,280 |
Michigan 4-H Foundation East Lansing, MI | $11,753,890 | $218,214 |