Future Farmers Of America State Associations & Local Chapter
- Assets
- $124.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Ridge, IL
- Founding
- 01/1945
- Data as of
- 08/2022
- EIN
- 46-3131958
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Grand Ridge, 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 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 $58.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $44.9k 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
SELLS GRAIN THAT IS FARMED ON RENTAL LAND. PROCEEDS ARE DONATED TO LOCAL FFA CHAPTERS OR GIVEN TO FFA STUDENTS IN THE FORM OF A SCHOLARSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Wilson President | 4 | $0 | |
Buck Hill Treasurer | 4 | $0 | |
Karen Pillion Vice President | 4 | $0 | |
Lisa Corcoran Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $51,689 |
| Membership dues | $4,390 |
| Investment income | $175 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,659 |
| Other Revenue | $0 |
| Total Revenue | $58,913 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,236 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,450 |
| Occupancy, rent, utilities, and maintenance | $5,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,942 |
| Total expenses | $44,924 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,142 |
| Other assets | $0 |
| Total assets | $124,142 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agriculture Future Of America Inc Kansas City, MO | $7,045,958 | $4,172,878 |
Elkhart County 4-H & Agricultural Exposition Inc Goshen, IN | $7,107,983 | $3,990,918 |
Porter County Agricultural Society Inc Valparaiso, IN | $2,525,622 | $2,666,115 |
Racine County Agricultural Society Inc Union Grove, WI | $3,072,798 | $1,782,527 |
The Indiana Ffa Foundation Inc Trafalgar, IN | $2,341,467 | $1,490,972 |
Kentucky Future Farmers Of America Foundation Inc Flemingsburg, KY | $6,579,949 | $1,581,838 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Trustees Of Purdue University Lebanon, IN | $4,869,767 | $1,092,571 |
Indiana 4-H Foundation West Lafayette, IN | $5,073,273 | $1,066,480 |
Future Farmers Of America Jefferson City, MO | $1,360,081 | $872,920 |
Trustees Of Purdue University Danville, IN | $1,448,755 | $912,967 |