Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Austin, Texas, registered in 1945, with $4,611,978 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$4.6M
▲ 5.1% vs prior year
Youth median: $163K
Expenses (FY2023)
$4.7M
Net assets
$2.4M
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: 6 mo reserves · -2% 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: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.3M (FY2018) to $4.6M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
-1.7%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$529K
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,611,978▲5.1% | $4,688,433▲12.6% | $2,370,923▲5.5% | $2,899,832▲6.6% | 990 |
| 2022 | $4,389,503▲42.5% | $4,164,177▲33.9% | $2,247,020▲13.5% | $2,720,638▲8.2% | 990 |
| 2021 | $3,080,257▲17.6% | $3,110,686▲23.6% | $1,980,127▼1.1% | $2,514,812▲10.4% | 990 |
| 2019 | $2,619,828▼19.5% | $2,516,112▼20.5% | $2,001,986▲17.4% | $2,278,284▲9.3% | 990 |
| 2018 | $3,255,742 | $3,163,570 | $1,705,548 | $2,085,169 | 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 74-6104609) 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.