Future Farmers Of America State Associations & Local Chapter
- Assets
- $381.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cookeville, TN
- Founding
- 01/1965
- Data as of
- 06/2022
- EIN
- 62-1138805
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Cookeville, TN. The organization was established in 1965. 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 06/2022, Future Farmers Of America State Associations & Local Chapter generated $23.0k 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 (9.1%) each year. All expenses for the organization totaled $24.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.1%) 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
2022
Describe the Organization's Program Activity:
Part 3
TO SUPPORT AGRICULTURAL EDUCATION FOR THE TENNESSEE FUTURE FARMERS OF AMERICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Akridge Secretary | 2 | $0 | |
Tim Chowning Treasurer | 2 | $0 | |
Michael Vestal W. Tn Vice P | 2 | $0 | |
Patti Gass President | 2 | $0 | |
Chris Painter E. Tn Vice P | 2 | $0 | |
Aaron Walls M. Tn Vice P | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,151 |
| Total Program Service Revenue | $6,872 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,023 |
| 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 | $3,895 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,816 |
| Total expenses | $24,711 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,503 |
| Other assets | $0 |
| Total assets | $380,957 |
| Total liabilities | $0 |
| Net assets or fund balances | $380,957 |