Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Seymour, Wisconsin, registered in 2023, with $315,284 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$315K
▲ 21.1% vs prior year
Education median: $200K
Expenses (FY2024)
$303K
Net assets
$80K
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 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 State Associations & Local Chapter: 3 mo reserves · +4% 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 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 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 $243K (FY2021) to $315K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
3.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$80K
Total liabilities
$0
Net assets
$80K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $315,284▲21.1% | $303,029▲14.5% | $80,473▲33.6% | $80,473▲33.6% | 990 |
| 2023 | $260,301▼17.1% | $264,753▼10.1% | $60,246▼6.9% | $60,246▼6.9% | 990 |
| 2022 | $313,854▲29.2% | $294,548▲25.8% | $64,698▲42.5% | $64,698▲42.5% | 990 |
| 2021 | $242,960 | $234,056 | $45,392 | $45,392 | 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.
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Data for Future Farmers of America State Associations & Local Chapter (EIN 39-1469571) 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.