Future Farmers Of America State Associations & Local Chapter
- Assets
- $31.1m
- Revenue
- $30.8m
- Investments
- $0.0
- Employees
- 174
- Location
- Indianapolis, IN
- Founding
- 01/1945
- Data as of
- 12/2022
- EIN
- 54-0524844
Organization Overview
Future Farmers Of America State Associations & Local Chapter, operating under the name National FFA Organization, is located in Indianapolis, IN. 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. As of 12/2023, National FFA Organization employed 174 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. National FFA Organization 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 12/2022, National FFA Organization generated $30.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $27.8m during the year ending 12/2022. While expenses have increased by 0.1% 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.
Since 2015, National FFA Organization has awarded 300 individual grants totaling $3,310,660. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FFA MAKES A POSITIVE DIFFERENCE IN THE LIVES OF STUDENTS BY DEVELOPING THEIR POTENTIAL FOR PREMIER LEADERSHIP, PERSONAL GROWTH AND CAREER SUCCESS THROUGH AG EDUCATION.
Describe the Organization's Program Activity:
Part 3
LOCAL CHARTER OF THE NATIONAL FFA ORGANIZATION, WHOSE PURPOSE IS TO SUPPORT AND PROMOTE THE RIVERDALE FFA, FFA ACTIVITIES, AND AGRICULTURE EDUCATION ON LOCAL, STATE, AND NATIONAL LEVELS.
FFA'S LOCAL, STATE, AND NATIONAL PROGRAMS AND ACTIVITIES HELP MEMBERS DEVELOP PUBLIC SPEAKING SKILLS, CONDUCT AND PARTICIPATE IN MEETINGS, MANAGE FINANCIAL MATTERS, STRENGTHEN PROBLEM-SOLVING ABILITIES, AND ASSUME CIVIC RESPONSIBILITY. DEGREES EARNED AT LOCAL, STATE, AND NATIONAL LEVELS RECOGNIZE MEMBERS' INCREASING ACCOMPLISHMENT.
THE NATIONAL FFA ORGANIZATION, GOVERNED BY A BOARD OF DIRECTORS, CHARTERS STATE ASSOCIATIONS; PROVIDES DIRECTION; PROGRAMMATIC MATERIALS AND SUPPORT; AND HOSTS THE NATIONAL FFA CONVENTION AND EXPO, WHICH DRAWS OVER 72,000 ATTENDEES EACH OCTOBER. THE WASHINGTON LEADERSHIP CONFERENCE USUALLY HAS OVER 1,700 TOTAL PARTICIPANTS (INCLUDING ADVISORS, STUDENTS, AND GUESTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donny Rolling President | 1 | $0 | |
Jason Dewey Vice President | 1 | $0 | |
Ashley Mckean Secretary | 1 | $0 | |
Jodi Maggini Treasurer | 1 | $0 | |
Name Not Listed National Executive Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed National Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Universal Lettering Company Lettering Services | 12/30/23 | $2,459,420 |
Omni Shoreham Corporation Venue Management | 12/30/23 | $2,359,494 |
Meredith Corporation Advert./publishing | 12/30/23 | $1,230,091 |
Motionway Inc Event Production Services | 12/30/23 | $736,122 |
Pence Media Group Llc Marketing | 12/30/23 | $408,928 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,531,947 |
| Government grants | $1,784,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,921 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,383,938 |
| Total Program Service Revenue | $15,204,547 |
| Investment income | $427,878 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $228,904 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,527,051 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,802,321 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,203,756 |
| Grants and other assistance to domestic individuals. | $1,025,161 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $562,424 |
| Compensation of current officers, directors, key employees. | $359,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,134,189 |
| Pension plan accruals and contributions | $351,040 |
| Other employee benefits | $874,692 |
| Payroll taxes | $452,914 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $81,358 |
| Fees for services: Accounting | $57,798 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,526 |
| Fees for services: Other | $2,719,478 |
| Advertising and promotion | $662,740 |
| Office expenses | $1,580,057 |
| Information technology | $592,422 |
| Royalties | $0 |
| Occupancy | $331,767 |
| Travel | $2,457,743 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,414,877 |
| Interest | $484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $726,794 |
| Insurance | $72,468 |
| All other expenses | $0 |
| Total functional expenses | $27,781,178 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,444,570 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,377,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,470,262 |
| Prepaid expenses and deferred charges | $831,089 |
| Net Land, buildings, and equipment | $5,575,028 |
| Investments—publicly traded securities | $8,307,437 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,067 |
| Total assets | $31,064,546 |
| Accounts payable and accrued expenses | $3,189,954 |
| Grants payable | $0 |
| Deferred revenue | $3,319,970 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $57,777 |
| Total liabilities | $6,567,701 |
| Net assets without donor restrictions | $19,937,137 |
| Net assets with donor restrictions | $4,559,708 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,064,546 |
Grants Awarded
Over the last fiscal year, Future Farmers Of America State Associations & Local Chapter has awarded $713,152 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
ALABAMA FFA ASSOCIATION PURPOSE: 2023 PROF GRANT | $8,600 |
ALASKA FFA ASSOCIATION PURPOSE: 2023 PROF GRANT | $7,500 |
ARKANSAS FFA ASSOCIATION PURPOSE: 2023 PROF GRANT | $5,800 |
ARIZONA ASSOCIATION FFA PURPOSE: 2023 PROF GRANT | $15,900 |
CALIFORNIA ASSOCIATION OF FFA PURPOSE: 2023 PROF GRANT | $13,100 |
COLORADO FFA ASSOCIATION PURPOSE: 2023 PROF GRANT | $7,200 |