Future Farmers Of America State Associations & Local Chapter
- Assets
- $111.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maquoketa, IA
- Founding
- 01/1945
- Data as of
- 08/2022
- EIN
- 42-1295219
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Maquoketa, IA. 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 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 08/2022, Future Farmers Of America State Associations & Local Chapter generated $21.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $32.2k during the year ending 08/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
RAISE AWARENESS OF AGRICULTURAL AND HORTICULTURAL EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Bennis Vice President | 3 | $0 | |
Skott Gent President | 2 | $0 | |
Greg Bopes Director | 2 | $0 | |
Nancy Miller Treasurer | 4 | $0 | |
Matt Lansing Director | 1 | $0 | |
Julie Furne Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $156 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,594 |
| Other Revenue | $782 |
| Total Revenue | $21,032 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,125 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $116 |
| Other expenses | $1,683 |
| Total expenses | $32,169 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,774 |
| Other assets | $0 |
| Total assets | $111,774 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,774 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Farmers Of America State Associations & Local Chapter has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agriculture Future Of America Inc Kansas City, MO | $7,045,958 | $4,172,878 |
Nebraska Future Farmers Of America Foundation Lincoln, NE | $3,382,051 | $1,786,063 |
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 |
Nebraska 4-H Foundation Lincoln, NE | $2,843,433 | $1,171,806 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Future Farmers Of America Jefferson City, MO | $1,360,081 | $872,920 |
Wisconsin 4-H Foundation Inc Madison, WI | $5,255,333 | $529,277 |
Missouri 4-H Foundation Columbia, MO | $9,386,540 | $1,726,293 |
Nebraska Vocational Agricultural Foundation Aurora, NE | $2,021,514 | $645,964 |
Future Farmers Of America Springfield, IL | $314,037 | $700,241 |
Illinois Foundation Future Farmers Of America Inc Springfield, IL | $1,899,527 | $790,765 |