Future Farmers of America and Its State Association & Local Chapter is a 501(c)(3) organization based in Winnemucca, Nevada, registered in 1945, with $37,421 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$37K
▼ 31.9% vs prior year
Expenses (FY2024)
$22K
Net assets
$209K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Future Farmers of America and Its State Association & Local Chapter— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Future Farmers of America and Its State Association & Local Chapter: 113 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Future Farmers of America and Its State Association & Local Chapter— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Future Farmers of America and Its State Association & Local Chapter: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $40K (FY2012) to $37K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
40.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$209K
Total liabilities
$0
Net assets
$209K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,421▼31.9% | $22,270▲43.8% | $208,941▲7.8% | $208,941▲7.8% | 990EZ |
| 2023 | $54,986▼2.2% | $15,482▼39.0% | $193,790▲25.6% | $193,790▲25.6% | 990EZ |
| 2022 | $56,242▲541% | $25,369▲81.8% | $154,286▲25.0% | $154,286▲25.0% | 990EZ |
| 2021 | $8,770▼75.5% | $13,951▼22.5% | $123,413▼4.0% | $123,413▼4.0% | 990EZ |
| 2020 | $35,862▼3.4% | $18,006▼26.8% | $128,594▲16.1% | $128,594▲16.1% | 990EZ |
| 2019 | $37,130▲3.4% | $24,610▼34.1% | $110,738▲12.7% | $110,738▲12.7% | 990EZ |
| 2018 | $35,921▲5.6% | $37,318▲53.8% | $98,218▼1.4% | $98,218▼1.4% | 990EZ |
| 2017 | $34,004▼6.4% | $24,269▲8.1% | $99,615▲10.8% | $99,615▲10.8% | 990EZ |
| 2016 | $36,318▼12.9% | $22,460▲2.0% | $89,880▲18.2% | $89,880▲18.2% | 990EZ |
| 2015 | $41,715▲11.7% | $22,029▲20.4% | $76,022▲34.9% | $76,022▲34.9% | 990EZ |
| 2014 | $37,345▼0.7% | $18,290▼25.4% | $56,336▲51.1% | $56,336▲51.1% | 990EZ |
| 2013 | $37,591▼5.3% | $24,530▼40.7% | $37,281▲53.9% | $37,281▲53.9% | 990EZ |
| 2012 | $39,680 | $41,391 | $24,220 | $24,220 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Future Farmers of America and Its State Association & Local Chapter (EIN 26-1700259) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.