Future Farmers of America and Its State Associations & Local Chapter is a 501(c)(3) organization based in Frankfort, Kentucky, registered in 1945, with $228,055 in FY2025 revenue. CharityIndex grades it C.
Revenue (FY2025)
$228K
▼ 19.9% vs prior year
Expenses (FY2025)
$228K
Net assets
$9,210
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: 0 mo reserves · +0% 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 declined from $273K (FY2019) to $228K (FY2025) across 7 reported years.
Financial snapshot
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9,210
Total liabilities
$0
Net assets
$9,210
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $228,055▼19.9% | $227,957▼22.5% | $9,210▲1.1% | $9,210▲1.1% | 990 |
| 2024 | $284,834▲13.7% | $293,949▲16.2% | $9,112▼50.0% | $9,112▼50.0% | 990 |
| 2023 | $250,499▲6.1% | $253,014▲7.4% | $18,227▲16.7% | $18,227▲16.7% | 990 |
| 2022 | $236,137▲95.4% | $235,556▲103% | $15,622▲3.9% | $15,622▲3.9% | 990 |
| 2021 | $120,836▲55.9% | $116,181▲50.2% | $15,042▲44.8% | $15,042▲44.8% | 990 |
| 2020 | $77,509▼71.6% | $77,347▼71.9% | $10,387▲1.6% | $10,387▲1.6% | 990 |
| 2019 | $272,705 | $275,329 | $10,224 | $10,224 | 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.
2 grants to Future Farmers of America and Its State Associations & Local Chapter totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,912 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $12,912 |
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Data for Future Farmers of America and Its State Associations & Local Chapter (EIN 61-6031922) 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.