Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Waterford, Wisconsin, registered in 1945, with $73,147 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$73K
▼ 3.7% vs prior year
Expenses (FY2024)
$75K
Net assets
$39K
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 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: 6 mo reserves · -2% margin earns a B+ 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 $57K (FY2014) to $73K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$39K
Net assets
$39K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $73,147▼3.7% | $74,648▼6.2% | $39,408▲10.1% | $39,408▲10.1% | 990EZ |
| 2023 | $75,946▼6.7% | $79,599▲1.8% | $35,797▼9.3% | $35,797▼9.3% | 990EZ |
| 2022 | $81,418▲23.9% | $78,178▲25.1% | $39,450▲8.9% | $39,450▲8.9% | 990EZ |
| 2021 | $65,727▲560% | $62,499▲144% | $36,210▲9.8% | $36,210▲9.8% | 990EZ |
| 2020 | $9,953▼83.0% | $25,624▼56.6% | $32,982▼32.2% | $32,982▼32.2% | 990EZ |
| 2019 | $58,473▼20.3% | $59,100▼25.0% | $48,653▲5.5% | $48,653▲5.5% | 990EZ |
| 2018 | $73,350▼13.0% | $78,844▼2.9% | $46,110▼10.6% | $46,110▼10.6% | 990EZ |
| 2017 | $84,269▼32.6% | $81,226▼30.9% | $51,604▲6.3% | $51,604▲6.3% | 990EZ |
| 2016 | $125,088▲33.4% | $117,476▲32.9% | $48,561▲18.6% | $48,561▲18.6% | 990EZ |
| 2015 | $93,743▲63.3% | $88,411▲67.8% | $40,949▲15.0% | $40,949▲15.0% | 990EZ |
| 2014 | $57,401 | $52,698 | $35,617 | $35,617 | 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 State Associations & Local Chapter (EIN 47-1293727) 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.