Future Farmers of America and Its State Associations & Local Chapter is a 501(c)(3) organization based in New Haven, Connecticut, registered in 1945, with $161,327 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$161K
▲ 3.5% vs prior year
Expenses (FY2024)
$143K
Net assets
$161K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Associations & 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 Associations & Local Chapter: 14 mo reserves · +12% margin earns a A 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 Associations & 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 Associations & Local Chapter: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $74K (FY2021) to $161K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
11.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$183K
Total liabilities
$22K
Net assets
$161K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $161,327▲3.5% | $142,675▼1.6% | $161,216▲18.8% | $182,888▲23.9% | 990EZ |
| 2023 | $155,860▲20.1% | $145,036▲32.3% | $135,648▲15.5% | $147,556▲21.0% | 990EZ |
| 2022 | $129,767▲76.2% | $109,658▲19.3% | $117,475▲25.6% | $121,989▲17.9% | 990EZ |
| 2021 | $73,657 | $91,934 | $93,556 | $103,481 | 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 Associations & Local Chapter (EIN 06-6103847) 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.