Future Farmers Of America State Associations & Local Chapter
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- 01/1945
- Data as of
- 12/2022
- EIN
- 80-0960758
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Ankeny, IA. 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 12/2022, Future Farmers Of America State Associations & Local Chapter generated $56.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $51.5k during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bailey Steffen President | 20 | $0 | |
Jennifer Findling Nw District Rep | 5 | $0 | |
Steve Dolch At Large Rep | 5 | $0 | |
Charlie Dietz Nc District Rep | 15 | $0 | |
Mark Van Der Kamp President Elect | 10 | $0 | |
Cd Brinegar Se District Rep | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $30,343 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $13,066 |
| Total Revenue | $56,043 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $22,300 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,303 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $544 |
| Other expenses | $26,388 |
| Total expenses | $51,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,024 |
| Other assets | $0 |
| Total assets | $35,024 |
| Total liabilities | $1,669 |
| Net assets or fund balances | $33,355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agriculture Future Of America Inc Kansas City, MO | $7,045,958 | $4,172,878 |
Nebraska Future Farmers Of America Foundation Lincoln, NE | $3,382,051 | $1,786,063 |
Racine County Agricultural Society Inc Union Grove, WI | $3,072,798 | $1,782,527 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Nebraska 4-H Foundation Lincoln, NE | $2,843,433 | $1,171,806 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Future Farmers Of America Jefferson City, MO | $1,360,081 | $872,920 |
Wisconsin 4-H Foundation Inc Madison, WI | $5,255,333 | $529,277 |
Missouri 4-H Foundation Columbia, MO | $9,386,540 | $1,726,293 |
Nebraska Vocational Agricultural Foundation Aurora, NE | $2,021,514 | $645,964 |
Future Farmers Of America Springfield, IL | $314,037 | $700,241 |
Illinois Foundation Future Farmers Of America Inc Springfield, IL | $1,899,527 | $790,765 |