Future Farmers Of America State Associations & Local Chapter is located in Mansfield, TX. 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 07/2023, Future Farmers Of America State Associations & Local Chapter generated $23.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $16.8k during the year ending 07/2023. While expenses have increased by 42.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS FOR FFA STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Lopez Treasurer | 4 | $0 | |
Chad Gengo President | 3 | $0 | |
Denise Miller Secretary | 3 | $0 | |
Danny Blanton Vice Preside | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,050 |
| Total Program Service Revenue | $7,679 |
| Membership dues | $575 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,870 |
| Other Revenue | $0 |
| Total Revenue | $23,174 |
| 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 | $0 |
| Other expenses | $8,731 |
| Total expenses | $16,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,451 |
| Other assets | $0 |
| Total assets | $30,451 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,451 |