Future Farmers of America and Its State Associations & Local Chapter is a 501(c)(3) organization based in Carrollton, Ohio, registered in 1954, with $2,144,269 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.1M
▼ 22.0% vs prior year
Expenses (FY2024)
$1.7M
Net assets
$7.5M
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: 53 mo reserves · +20% 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 →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $1.5M (FY2013) to $2.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
20.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.0M
Total liabilities
$500K
Net assets
$7.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,144,269▼22.0% | $1,707,606▲10.1% | $7,503,682▲6.1% | $8,003,643▲4.6% | 990 |
| 2023 | $2,750,666▲16.2% | $1,551,111▲15.7% | $7,072,494▲21.0% | $7,651,656▲20.1% | 990 |
| 2022 | $2,367,047▲28.6% | $1,340,917▲18.0% | $5,844,695▲21.1% | $6,373,274▲9.4% | 990 |
| 2021 | $1,841,136▲304% | $1,136,682▲25.4% | $4,827,122▲17.1% | $5,825,499▲12.8% | 990 |
| 2020 | $455,457▼69.4% | $906,708▼42.2% | $4,123,711▼9.8% | $5,165,861▼6.0% | 990 |
| 2019 | $1,486,969▼7.6% | $1,568,420▲0.6% | $4,572,992▼1.7% | $5,496,959▼2.5% | 990 |
| 2018 | $1,609,433▼20.1% | $1,558,965▲2.9% | $4,652,898▲1.0% | $5,639,527▲0.5% | 990 |
| 2017 | $2,014,759▲19.4% | $1,514,947▲1.2% | $4,604,573▲12.2% | $5,611,490▲17.3% | 990 |
| 2016 | $1,686,820▼19.0% | $1,496,459▲7.0% | $4,103,907▲5.2% | $4,783,699▲3.8% | 990 |
| 2015 | $2,083,245▲35.9% | $1,398,157▲0.2% | $3,902,785▲20.0% | $4,607,112▲15.7% | 990 |
| 2014 | $1,533,016▲5.5% | $1,395,082▲18.7% | $3,253,234▲4.0% | $3,980,457▲2.8% | 990 |
| 2013 | $1,452,582 | $1,175,588▼13.4% | $3,129,524▲3.9% | $3,872,573▲2.2% | 990 |
| 2012 | — | $1,357,712▲6.4% | $3,012,202▲1.9% | $3,789,138▼2.0% | 990 |
| 2011 | — | $1,275,993 | $2,954,651 | $3,866,662 | 990 |
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.
8 grants to Future Farmers of America and Its State Associations & Local Chapter totaling $77K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,000 |
| Stark Community Foundation Inc | General support | 2021 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $10,000 |
| Stark Community Foundation Inc | General support | 2017 | $7,000 |
| Raymond James Charitable Endowment Fund | Building improvements | 2016 | $10,000 |
| Stark Community Foundation Inc | General | 2015 | $13,000 |
| Stark Community Foundation Inc | General | 2014 | $10,000 |
Explore more
Data for Future Farmers of America and Its State Associations & Local Chapter (EIN 31-6035993) 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.