Oklahoma Future Farmers Of America Foundation Incorporated

Organization Overview

Oklahoma Future Farmers Of America Foundation Incorporated, operating under the name Oklahoma FFA Foundation Inc, is located in Stillwater, OK. The organization was established in 1986. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Oklahoma FFA Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma FFA Foundation Inc 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 12/2021, Oklahoma FFA Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $960.0k during the year ending 12/2021. While expenses have increased by 3.3% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES OKLAHOMA FFA STUDENT MEMBERS WITH LEADERSHIP DEVELOPMENT TRAINING AND INFORMATION ON NEW TECHNIQUES AND OPPORTUNITIES IN THE FIELD OF AGRICULTURE. AWARDS AND SCHOLARSHIPS ARE GIVEN TO MEMBERS FOR HIGH ACHIEVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STATE CONVENTION, AG TEACHER ACADEMY, AGRISCIENCE FAIR, MFE/ALD CONFERENCES: PROVIDES STUDENT FFA MEMBERS WITH INFORMATION ON NEW TECHNIQUES AND OPPORTUNITIES IN THE FIELD OF AGRICULTURE. PROVIDES LEADERSHIP DEVELOPMENT AND TRAINING. AWARDS ARE GIVEN TO MEMBERS FOR HIGH ACHIEVEMENT.


SCHOLARSHIPS: GIVEN TO STATE OFFICERS FOR THEIR CONTRIBUTIONS TO OKLAHOMA FFA, OTHER SCHOLARSHIPS GIVEN TO MEMBERS SEEKING AGRICULTURAL DEGREES AS WELL AS SPEECH CONTEST WINNERS, CAREER DEVELOPMENT, PROFICIENCY, LEADERSHIP DEVELOPMENT AND FUTURE AG TEACHERS.


GRANTS AND BLUE JACKET PROGRAM: GRANTS ARE GIVEN TO OKLAHOMA FFA CHAPTERS. BLUE JACKET PROGRAM PROVIDES A FFA JACKET TO THOSE MEMBERS WHO DO NOT HAVE THE MEANS TO PURCHASE.


OTHER PROGRAM SERVICES


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Board, Officers & Key Employees

Name (title)Compensation
Jacey Fye
Executive Director
$72,000
Scott Eisenhauer
Chairman
$0
Brent Kisling
Vice Chair
$0
Brett Ramsey
Past Chair
$0
Lee Coker
Treasurer
$0
Scott Nemecek
State Advisor
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$54,740
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$687,291
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$742,031
Total Program Service Revenue$776,890
Investment income $20,392
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,539,313

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Oklahoma Future Farmers Of America Foundation Incorporated has recieved totaling $35,539.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$27,039
Inspire Brands Foundation Inc

Atlanta, GA

PURPOSE: MISSION SUPPORT

$8,500
View Grant Recipient Profile

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