Future Farmers of America and Its State Associations & Local Chapter is a 501(c)(3) organization based in Bismarck, North Dakota, registered in 1945, with $527,968 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$528K
▼ 12.5% vs prior year
Expenses (FY2024)
$607K
Net assets
$617K
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: 12 mo reserves · -15% 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: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $359K (FY2009) to $528K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-15.0%
Spent more than it raised in the latest fiscal year.
Total assets
$617K
Total liabilities
$0
Net assets
$617K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $527,968▼12.5% | $607,054▲9.4% | $617,238▼8.5% | $617,238▼8.5% | 990 |
| 2023 | $603,208▲5.9% | $554,922▲11.1% | $674,295▲13.5% | $674,295▲13.5% | 990 |
| 2022 | $569,389▼19.4% | $499,468▼3.5% | $593,847▲17.8% | $593,847▲17.8% | 990 |
| 2021 | $706,676▲293% | $517,697▲82.2% | $504,229▲35.4% | $504,229▲35.4% | 990 |
| 2020 | $179,734▼67.3% | $284,093▼48.7% | $372,448▼10.6% | $372,448▼10.6% | 990 |
| 2019 | $550,116▼12.3% | $553,702▲18.5% | $416,806▼1.2% | $416,806▼1.2% | 990 |
| 2018 | $627,570▲15.5% | $467,302▼23.6% | $422,005▲61.7% | $422,005▲61.7% | 990 |
| 2017 | $543,395▲3.4% | $611,693▲22.4% | $260,977▼19.3% | $260,977▼19.3% | 990 |
| 2016 | $525,303▲11.5% | $499,560▼6.0% | $323,210▲16.4% | $323,210▲16.4% | 990 |
| 2015 | $471,196▼10.4% | $531,291▲8.7% | $277,734▼19.6% | $277,734▼19.6% | 990 |
| 2014 | $526,116▲31.1% | $488,574▲16.0% | $345,645▲12.2% | $345,645▲12.2% | 990 |
| 2013 | $401,262 | $421,357▲1.2% | $308,103▼6.1% | $308,103▼6.1% | 990 |
| 2012 | — | $416,187▲5.8% | $328,198▲5.2% | $328,198▲5.2% | 990 |
| 2011 | — | $393,290▲6.9% | $312,021▲18.8% | $312,021▲18.8% | 990 |
| 2009 | $359,075 | $367,855 | $262,731 | $262,731 | 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 45-0367761) 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.