Colorado Future Farmers Of America Foundation

Organization Overview

Colorado Future Farmers Of America Foundation is located in Greeley, CO. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado 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 06/2022, Colorado Future Farmers Of America Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $851.4k during the year ending 06/2022. While expenses have increased by 1.6% 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

DEVELOP AGRICULTURAL LEADERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE AGRICULTURAL FOR ALL GRANT PROGRAM IS USED TO ASSIST STUDENTS (FFA MEMBERS) ENROLLED IN AGRICULTURAL EDUCATION COURSES IN COLORADO START OR ENHANCE AN ENTERPRISE WITHIN THEIR SUPERVISED AGRICULTURE EXPERIENCE PROGRAM (SAE)A WORK BASED LEARNING PROGRAM. THOSE RECEIVING A GRANT ARE PAIRED WITH THEIR DONOR OR A MENTOR TO PROVIDE ADVICE, OFFER AN OUTSIDE PERSPECTIVE, ASSIST WITH SAE/BUSINESS DEVELOPMENT, AND FOSTER THE DEVELOPMENT OF A BUSINESS RELATIONSHIP. GRANTS ARE TYPICALLY BETWEEN $1000-$2000 FOR INDIVIDUALS DEPENDING ON THE SIZE AND SCOPE OF THE SAE. SCHOOL BASED APPLICANTS ARE USUALLY HIGHER BASED ON THE NUMBER OF STUDENTS BEING SERVED THROUGH THE PROGRAM.


FFA PROVIDES AN AWARDS AND SCHOLORSHIPS PROGRAM TO RECOGNIZE FFA MEMBERS WHO DEMONSTRATE EXCEPTIONAL PROGRESS IN THEIR AGRICULTURAL ENTERPRISES AND STUDIES IN AREAS RANGING FROM AGRICULTURAL SALES TO WILDLIFE MANAGEMENT. CASH AND TRAVEL AWARDS AND SCHOLORSHIPS ARE GIVEN TO TOP WINNERS. APPROXIMATELY 250 STUDENTS PARTICIPATED IN THE AWARDS AND SCHOLORSHIP PROGRAM LAST YEAR.


CAREER DEVELOPMENT AWARDS - THE COLORADO FFA ASSOCIATION, IN ASSOCIATION WITH CSU, OFFERS 18 DIFFERENT COMPETITIVE EVENTS THAT CHALLENGE FFA MEMBERS TO USE THEIR SPECIFIC AGRICULTURAL KNOWLEDGE AS WELL AS A WIDE RANGE OF EXPERTISE FROM COMMUNICATION SKILLS TO ANALYTICAL AND CRITICAL THINKING SKILLS. THE EVENTS ARE DESIGNED TO HELP PREPARE STUDENTS FOR CAREES IN AGRICULTURE. FUNDING PROVIDES PLAQUES, MEDALS AND CASH AWARDS TO THE TOP THREE, AND ONE TRAVELSCHOLORSHIP TO THE WINNER THAT WILL REPRESENT COLORADO AT THE NATIONAL COMPETITION. APPROXIMATELY 1,275 STUDENTS PARTICPATE ANNUALLY.


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Board, Officers & Key Employees

Name (title)Compensation
Catharine Soukup
Exec Committee
$0
Mary Gearhart
Exec Committee
$0
Dale Mccall
Exec Committee
$0
John Norwood
Treasurer
$0
Charlie Johnson
Vice Chair
$0
Glenda Mostek
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$86,470
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,351,949
Noncash contributions included in lines 1a–1f $11,727
Total Revenue from Contributions, Gifts, Grants & Similar$1,438,419
Total Program Service Revenue$0
Investment income $55,552
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $109,127
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,643,378

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Colorado Future Farmers Of America Foundation has recieved totaling $110,134.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: LAND PURCHASE

$50,000
Community First Foundation

Arvada, CO

PURPOSE: GENERAL PURPOSE

$25,526
El Pomar Foundation

Colorado Springs, CO

PURPOSE: TEACHER SUCCESS PROGRAM

$15,000
Leprino Foods Company Foundation

Denver, CO

PURPOSE: FOR UNRESTRICTED USE

$10,000
El Pomar Foundation

Colorado Springs, CO

PURPOSE: LOCAL TEACHER MENTORING PROGRAM

$5,000
Patterson Dental Foundation

St Paul, MN

PURPOSE: YOUTH LEADERSHIP TEACHER TRAINING GRANT

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$41,118
Earnings$3,148
Admin Expense$408
Ending Balance$43,858

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