Future Farmers Of America And Its State Associations & Local Chapter
- Assets
- $235.0k
- Revenue
- $568.2k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 01/1945
- Data as of
- 12/2021
- EIN
- 41-6038238
Organization Overview
Future Farmers Of America And Its State Associations & Local Chapter is located in St Paul, MN. 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 12/2021, Future Farmers Of America And Its State Associations & Local Chapter generated $568.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $492.8k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AGRICULTURAL EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECTLY SUPERVISES AGRICULTURAL EDUCATION ACTIVITY RELATED TO FFA YOUTH IN SECONDARY AND POST-SECONDARY PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Matejka President | OfficerTrustee | 16 | $0 |
Wyatt Halvorson Vice President | OfficerTrustee | 16 | $0 |
Kyle Thomas Treasurer | OfficerTrustee | 16 | $0 |
Baleigh Peterson Sentinel | OfficerTrustee | 1 | $0 |
Nicole Koziolek Secretary | OfficerTrustee | 16 | $0 |
Anna Ridenour Reporter | OfficerTrustee | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $286,659 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $194,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $480,659 |
| Total Program Service Revenue | $87,487 |
| Investment income | $38 |
| 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 | $568,184 |
| 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 | $122,705 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,249 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,675 |
| Advertising and promotion | $0 |
| Office expenses | $8 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $67,123 |
| Conferences, conventions, and meetings | $174,949 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,951 |
| All other expenses | -$8,060 |
| Total functional expenses | $492,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,378 |
| Savings and temporary cash investments | $0 |
| 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 | $8,612 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $234,990 |
| 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 | $0 |
| 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 | $234,990 |
| Total liabilities and net assets/fund balances | $234,990 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Farmers Of America And Its State Associations & Local Chapter has recieved totaling $8,150.
| Awarding Organization | Amount |
|---|---|
The Minnesota Ffa Foundation Incorporated Plainview, MN PURPOSE: Ag Education | $8,150 |
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 |
North Dakota Ffa Foundaton Incorporated Bismarck, ND | $2,357,984 | $584,038 |
Wisconsin Association Of Ffa Incorporated Madison, WI | $865,211 | $467,320 |
The Wisconsin Ffa Foundation Inc Madison, WI | $2,205,553 | $598,609 |
Future Farmers Of America And Its State Associations & Local Chapter St Paul, MN | $234,990 | $568,184 |
4-H Clubs & Affiliated 4-H Organizations Fargo, ND | $4,432,232 | $751,100 |
South Dakota Ffa Foundation Inc Bath, SD | $1,190,469 | $597,022 |
Minnesota Agriculture In The Classroom Inc Foundation Bemidji, MN | $191,389 | $337,136 |
Future Farmers Of America And Its State Associations & Local Chapter Bismarck, ND | $372,448 | $179,734 |