Future Farmers of America State Associations & Local Chapter
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Hot Springs, Arkansas, registered in 1945, with $6,943,318 in FY2024 revenue. CharityIndex grades it B.
301 Catherine Park Rd, Hot Springs, AR, 71913 EIN 71-6043451 Since 1945
Revenue (FY2024)
$6.9M
▲ 662.6% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$6.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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 →
B+Financial health25% of the rating64 mo reserves · +83% margin
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: 64 mo reserves · +83% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 →
CTransparency10% of the rating2 of 5 disclosure signals
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: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 301 Catherine Park Rd, Hot Springs, AR, 71913
- City
- Hot Springs
- State
- Arkansas
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $707K (FY2013) to $6.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $6.4M
Operating margin
82.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.4M
Total liabilities
$0
Net assets
$6.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,943,318▲663% | $1,194,568▲70.7% | $6,414,780▲863% | $6,414,780▲857% | 990 |
| 2023 | $910,506▲14.8% | $699,642▼7.5% | $666,030▲99.2% | $670,444▲66.8% | 990 |
| 2022 | $792,884▲48.6% | $756,226▲25.8% | $334,420▲12.3% | $401,920▲4.7% | 990 |
| 2021 | $533,425▲240% | $601,166▲260% | $297,762▼28.0% | $383,866▼20.0% | 990 |
| 2020 | $156,692▼47.3% | $167,135▼53.2% | $413,585▲6.6% | $479,607▲22.9% | 990 |
| 2019 | $297,383▼35.4% | $357,008▼25.1% | $388,096▼11.8% | $390,205▼18.9% | 990 |
| 2018 | $460,166▲27.1% | $476,844▲19.9% | $439,969▼8.9% | $480,962▼1.4% | 990 |
| 2017 | $362,105▲3.1% | $397,560▼15.2% | $483,147▼6.8% | $487,797▼8.5% | 990 |
| 2016 | $351,087▼49.4% | $468,805▼39.6% | $518,601▼56.2% | $532,935▼58.6% | 990 |
| 2015 | $694,143▼11.9% | $775,878▲17.1% | $1,185,147▼6.5% | $1,286,735▼5.6% | 990 |
| 2014 | $788,215▲11.5% | $662,343▼10.0% | $1,266,882▲11.0% | $1,362,752▲10.9% | 990 |
| 2013 | $706,709 | $735,636▲19.6% | $1,141,010▼2.5% | $1,228,922▼1.1% | 990 |
| 2012 | — | $615,073 | $1,169,936 | $1,242,303 | 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.
Frequently asked questions
- Is Future Farmers of America State Associations & Local Chapter a legitimate nonprofit?
- Yes. Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-6043451, based in Hot Springs, Arkansas. Donations are tax-deductible.
- What is Future Farmers of America State Associations & Local Chapter's EIN?
- Future Farmers of America State Associations & Local Chapter's Employer Identification Number (EIN) is 71-6043451.
- How much revenue does Future Farmers of America State Associations & Local Chapter report?
- Future Farmers of America State Associations & Local Chapter reported $6,943,318 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Future Farmers of America State Associations & Local Chapter have?
- CharityIndex grades Future Farmers of America State Associations & Local Chapter B, based on financial health (reserves and operating margin).
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Data for Future Farmers of America State Associations & Local Chapter (EIN 71-6043451) 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.