Future Farmers Of America State Associations & Local Chapter is located in Sherburn, MN. 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 12/2023, Future Farmers Of America State Associations & Local Chapter generated $64.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $62.2k during the year ending 12/2023. 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
TO SUPPORT AND PROMOTE THE FFA ORGANIZATION FFA ACTIVITIES AND CAREER AND TECHNICAL EDUCATION ON A LOCAL STATE AND NATIONAL LEVEL INCLUDING SUPPORT FOR FFA YOUTH ACTIVITIES FOR THE MARTIN COUNTY WEST FFA ORGANIZATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Matejka President | 0.25 | $0 | |
Jeff Mayo Vice President | 0.1 | $0 | |
Lizabeth Stahl Treasurer | 2.5 | $0 | |
Guy Rudolf Secretary | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $620 |
| Investment income | $96 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,625 |
| Other Revenue | $20,602 |
| Total Revenue | $64,243 |
| 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 | $111 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $22,800 |
| Total expenses | $62,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,368 |
| Other assets | $0 |
| Total assets | $59,368 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,368 |