Future Farmers Of America And Its State Associations Local Chpaters
- Assets
- $10.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 01/1945
- Data as of
- 08/2021
- EIN
- 36-4559466
Organization Overview
Future Farmers Of America And Its State Associations Local Chpaters is located in Wake Forest, NC. 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 And Its State Associations Local Chpaters 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 08/2021, Future Farmers Of America And Its State Associations Local Chpaters generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $2.7k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (30.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Wolfe Vice President | 2 | $0 | |
Ingrid Warn Secretary | 1 | $0 | |
Sabrina Patton President | 4 | $0 | |
Jared Spencer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,582 |
| Other Revenue | $0 |
| Total Revenue | $5,882 |
| 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 | $272 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $136 |
| Other expenses | $0 |
| Total expenses | $2,749 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,197 |
| Other assets | $0 |
| Total assets | $10,197 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,197 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Farmers Of America And Its State Associations Local Chpaters has recieved totaling $29,000.
| Awarding Organization | Amount |
|---|---|
Waccamaw Community Foundation Inc Murrells Inlet, SC PURPOSE: ANNUAL FUND - EDUCATION - GENERAL PURPOSE | $29,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Career And Community Leaders Of America Inc Herndon, VA | $10,515,724 | $7,353,463 |
Harvest Outreach Center Inc Gladys, VA | $1,942,175 | $5,046,350 |
Georgia 4-H Club Foundation Cooperative Extension Ser Athens, GA | $9,034,027 | $3,205,781 |
Future Business Leaders Of America Phi Beta Lambda Inc Herndon, VA | $10,191,043 | $4,483,322 |
Tennessee 4-H Foundation Inc Knoxville, TN | $16,194,454 | $2,369,376 |
W E Skelton 4-H Educational Conference Ctr At Smith Mtn Lake Wirtz, VA | $9,946,052 | $666,967 |
Arrowhead Ranch Inc Normandy, TN | $228,949 | -$668,715 |
South Carolina Future Farmers Of America Foundation Saluda, SC | $16,001,969 | $3,821,690 |
Future Farmers Of America And Its State Associations & Local Chapter Athens, GA | $253,364 | $1,029,563 |
The Georgia Ffa Foundation Inc Swainsboro, GA | $1,470,155 | $1,228,156 |
Holiday Lake 4-H Educational Center Inc Appomattox, VA | $1,908,357 | $1,010,411 |
Northern Virginia 4-H Educational And Conference Center Inc Front Royal, VA | $2,983,748 | $929,408 |