Future Farmers Of America State Associations & Local Chapter
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 01/1945
- Data as of
- 08/2024
- EIN
- 94-3464658
Organization Overview
Future Farmers Of America State Associations & Local Chapter is located in Katy, TX. 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 08/2024, Future Farmers Of America State Associations & Local Chapter generated $73.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $65.9k during the year ending 08/2024. While expenses have increased by 10.7% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS. AWARDED SCHOLARSHIPS TO EIGHT LOCAL HIGH SCHOOL STUDENTS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Beard Area Coordinator | 10 | $1,500 | |
Marty Resendez President | 10 | $1,500 | |
Valerie Hirsch Area Secretary | 5 | $1,500 | |
Amanda Kacal Area Treasurer | 5 | $1,500 | |
Ryan Frank Area Officer Advisor | 5 | $1,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,224 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $125 |
| Other Revenue | $39,046 |
| Total Revenue | $73,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,386 |
| Total expenses | $65,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,199 |
| Other assets | $0 |
| Total assets | $52,199 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,199 |