Nebraska Future Farmers Of America Foundation

Organization Overview

Nebraska Future Farmers Of America Foundation is located in Lincoln, NE. The organization was established in 1991. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. As of 07/2022, Nebraska Future Farmers Of America Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Future Farmers Of America Foundation 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 07/2022, Nebraska Future Farmers Of America Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.4m during the year ending 07/2022. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE NEBRASKA FFA FOUNDATION IS TO ENHANCE QUALITY EDUCATION/FFA PROGRAMS IN ORDER TO ACHIEVE EXCELLENCE IN LEADERSHIP DEVELOPMENT, CURRICULUM INNOVATION AND SCHOLASTIC ADVANCEMENT OF STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FUNDING FOR AGRICULTURAL EDUCATION AND FFA ACTIVITIES IN NEBRASKA. IN CURRENT YEAR FUNDED YOUTH LEADERSHIP TRAINING, AWARDS AND RECOGNITION FOR INDIVIDUAL STUDENTS AND GROUPS OF STUDENTS DURING THE ANNUAL STATE FFA CONVENTION, LEADERSHIP PROGRAMMING SUPPORT, PROFESSIONAL DEVELOPMENT FOR TEACHERS OF AGRICULTURE, LOCAL FFA CHAPTER SUPPORT AND OTHER GENERAL SUPPORT FOR NEBRASKA FFA YOUTH ORGANIZATION.


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Board, Officers & Key Employees

Name (title)Compensation
Stacey Agnew
Exec Directo
$0
Glenn Baumert
Treasurer
$0
John Langemeier
Vice Preside
$0
Kyle Perry
President
$0
Jennifer Wood
Secretary
$0
Lance Atwater
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,702,925
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,702,925
Total Program Service Revenue$0
Investment income $139,273
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$56,135
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,786,063

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Nebraska Future Farmers Of America Foundation has recieved totaling $46,164.

Awarding OrganizationAmount
Lincoln Community Foundation Inc

Lincoln, NE

PURPOSE: GENERAL SUPPORT

$12,473
Nebraska Community Foundation

Lincoln, NE

PURPOSE: GENERAL SUPPORT

$12,100
Singer Foundation

Omaha, NE

PURPOSE: PROGRAM SUPPORT

$10,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: HUMAN SERVICES

$8,500
Patterson Dental Foundation

St Paul, MN

PURPOSE: YOUTH LEADERSHIP TEACHER TRAINING GRANT

$3,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$91
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$485,074
Earnings-$43,891
Net Contributions$24,810
Grants$12,821
Ending Balance$453,173

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