Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Azle, Texas, registered in 1945, with $45,845 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$46K
▼ 5.6% vs prior year
Expenses (FY2024)
$51K
Net assets
$102K
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: 24 mo reserves · -12% 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 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 declined from $66K (FY2019) to $46K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-12.1%
Spent more than it raised in the latest fiscal year.
Total assets
$102K
Net assets
$102K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $45,845▼5.6% | $51,390▲38.6% | $101,865▼5.2% | $101,865▼5.2% | 990EZ |
| 2023 | $48,582▼24.4% | $37,069▼21.4% | $107,411▲12.0% | $107,411▲12.0% | 990EZ |
| 2022 | $64,247▲6.8% | $47,157▲11.1% | $95,898▲21.7% | $95,898▲21.7% | 990EZ |
| 2021 | $60,160▲238% | $42,437▲26.7% | $78,809▲29.0% | $78,809▲29.0% | 990EZ |
| 2020 | $17,799▼73.1% | $33,485▼20.2% | $61,086▼20.4% | $61,086▼20.4% | 990EZ |
| 2019 | $66,119 | $41,981 | $76,771 | $76,771 | 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 80-0421747) 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.