Future Farmers Of America State Associations & Local Chapter
- Assets
- $220.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 01/1945
- Data as of
- 06/2023
- EIN
- 51-6022777
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Dover, DE. 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 06/2023, Future Farmers Of America State Associations & Local Chapter generated $170.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $173.9k during the year ending 06/2023. While expenses have increased by 1.5% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryce Banks President | 20 | $0 | |
Trinity Ranshaw V Pres | 10 | $0 | |
Noah Dixon Secretary | 5 | $0 | |
Emma Stallings Treasurer | 10 | $0 | |
Kaylee Wagner Reporter | 5 | $0 | |
Hannah Haigh Sentinel | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,363 |
| Total Program Service Revenue | $86,520 |
| Membership dues | $29,038 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $510 |
| Total Revenue | $170,432 |
| 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 | $7,721 |
| Other expenses | $166,212 |
| Total expenses | $173,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220 |
| Other assets | $0 |
| Total assets | $220 |
| Total liabilities | $0 |
| Net assets or fund balances | $220 |