Future Farmers of America and Its State Associations & Local Chapter is a 501(c)(3) organization based in Grand Saline, Texas, registered in 1945, with $160,358 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$160K
▲ 4.4% vs prior year
Expenses (FY2024)
$177K
Net assets
$188K
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 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: 13 mo reserves · -10% margin earns a C+ 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 $87K (FY2012) to $160K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-10.3%
Spent more than it raised in the latest fiscal year.
Total assets
$188K
Total liabilities
$0
Net assets
$188K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $160,358▲4.4% | $176,813▲7.0% | $188,474▼8.0% | $188,474▼8.0% | 990EZ |
| 2023 | $153,529▲7.3% | $165,316▲17.5% | $204,929▼5.4% | $204,929▼5.4% | 990EZ |
| 2022 | $143,113▲22.0% | $140,673▲36.2% | $216,716▲1.1% | $216,716▲1.1% | 990EZ |
| 2021 | $117,316▲122% | $103,287▲159% | $214,276▲7.0% | $214,276▲7.0% | 990EZ |
| 2020 | $52,914▼55.9% | $39,881▼62.4% | $200,247▲7.0% | $200,247▲7.0% | 990EZ |
| 2019 | $119,954▼14.5% | $106,188▼24.2% | $187,214▲7.9% | $187,214▲7.9% | 990EZ |
| 2018 | $140,244▲15.1% | $140,105▲26.5% | $173,448▲0.1% | $173,448▲0.1% | 990EZ |
| 2017 | $121,803▼8.3% | $110,744▼5.7% | $173,309▲6.8% | $173,309▲6.8% | 990EZ |
| 2016 | $132,855▲3.6% | $117,480▲9.2% | $162,250▲10.5% | $162,250▲10.5% | 990EZ |
| 2015 | $128,216▲20.9% | $107,559▲18.0% | $146,875▲16.4% | $146,875▲16.4% | 990EZ |
| 2014 | $106,030▲22.7% | $91,146▲20.0% | $126,218▲13.4% | $126,218▲13.4% | 990EZ |
| 2013 | $86,436▼0.5% | $75,928▲1.3% | $111,334▲10.4% | $111,334▲10.4% | 990EZ |
| 2012 | $86,914 | $74,973 | $100,826 | $100,826 | 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 26-3098915) 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.