Future Farmers Of America State Associations & Local Chapter is located in Waterford, 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 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 State Associations & Local Chapter generated $65.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $62.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO SUBSTAIN AND ADVOACTE YOUTH INTEREST AND EDUCATION IN AGRICULTURE FIELDS, WHILE PROMOTING ESSENTIAL VALUES OF ETHICAL INTEGRITY, RESPECT FOR ENVIORMENT AND LAND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karyn Hall Treasurer | 5 | $0 | |
Bob Hagemann President | 5 | $0 | |
Abby Hagemann Vice President | 5 | $0 | |
Eileen North Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $65,500 |
Membership dues | $200 |
Investment income | $27 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,727 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,499 |
Total expenses | $62,499 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,210 |
Other assets | $0 |
Total assets | $36,210 |
Total liabilities | $0 |
Net assets or fund balances | $36,210 |
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 |