Texas Future Farmers Of America Foundation Inc

Organization Overview

Texas Future Farmers Of America Foundation Inc is located in Austin, TX. The organization was established in 1989. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2020, Texas Future Farmers Of America Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Future Farmers Of America 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 12/2020, Texas Future Farmers Of America Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $970.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

STRENGTHEN AGRICULTURAL EDUCATION AND THE TEXAS FFA PROGRAM, SO EACH STUDENT CAN DEVELOP THEIR POTENTIAL FOR PERSONAL GROWTH, CAREER SUCCESS, AND LEADERSHIP IN A GLOBAL MARKETPLACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO TOP FFA MEMBERS.


YOUTH & EDUCATION PROJECTS - SUPPORTS PROJECTS PROMOTING THE ASSOCIATION AND AGRICULTURAL EDUCATION THROUGHOUT THE STATE INCLUDING RELATED CONFERENCES, CONVENTIONS, AND MEETINGS.


SCHOLARSHIPS TO TOP FFA MEMBERS.


YOUTH & EDUCATION PROJECTS - SUPPORTS PROJECTS PROMOTING THE ASSOCIATION AND AGRICULTURAL EDUCATION THROUGHOUT THE STATE INCLUDING RELATED CONFERENCES, CONVENTIONS, AND MEETINGS.


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Alejandro
Executive Director
$112,738
Bruce Cobb
Vice Chairman
$0
Mitchell Dale
Chairman
$0
Rex Isom
Secretary
$0
Ray Pieniazek
Treasurer
$0
Ryan Pieniazek
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,182,473
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,182,473
Total Program Service Revenue$0
Investment income $185,439
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $365,468
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,810,105

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Texas Future Farmers Of America Foundation Inc has recieved totaling $129,027.

Awarding OrganizationAmount
Fort Worth Stockshow Syndicate

Fort Worth, TX

PURPOSE: TO PROVIDE FUNDS FOR FFA SCHOLARSHIPS.

$101,250
Southwestern Exposition And Livestock Show

Fort Worth, TX

PURPOSE: EDUCATION

$8,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR 93RD ANNUAL TEXAS FFA FOUNDATION

$8,000
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$6,300
Joe And Nan Johnson Family Foundation

Wichita Falls, TX

PURPOSE: GENERAL OPERATIONS

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$477
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,514,216
Earnings$1,126,393
Admin Expense$43,898
Net Contributions$95,000
Grants$48,873
Ending Balance$9,642,838

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