Future Farmers Of America State Associations & Local Chapter is located in Munford, TN. 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 05/2020, Future Farmers Of America State Associations & Local Chapter generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $41.4k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 5 years. 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
2020
Describe the Organization's Program Activity:
Part 3
EDUCATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Schulz Treasurer | 8 | $0 | |
Ann Johnson Administrator | 22 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $32,220 |
| Total Revenue | $32,220 |
| Statement of Expenses | |
|---|---|
| Total expenses | $41,440 |
| Balance Sheet | |
|---|---|
| Total assets | $26,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,520 |