Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Richfld Spgs, New York, registered in 1945, with $102,948 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$103K
▼ 21.3% vs prior year
Expenses (FY2024)
$108K
Net assets
$25K
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: 3 mo reserves · -5% 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: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $159K (FY2018) to $103K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-5.0%
Spent more than it raised in the latest fiscal year.
Total assets
$25K
Total liabilities
$0
Net assets
$25K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $102,948▼21.3% | $108,113▼6.0% | $24,636▼17.3% | $24,636▼17.3% | 990 |
| 2023 | $130,831▼7.1% | $115,025▼22.9% | $29,801▲113% | $29,801▲113% | 990 |
| 2022 | $140,881▼5.1% | $149,229▲9.8% | $13,995▼35.4% | $13,995▼35.4% | 990 |
| 2021 | $148,417▲192% | $135,917▲103% | $21,661▼29.8% | $21,661▼29.8% | 990 |
| 2020 | $50,865▼77.5% | $66,817▼68.7% | $30,867▼34.1% | $30,867▼34.1% | 990 |
| 2019 | $225,933▲42.0% | $213,546▲70.1% | $46,819▲36.0% | $46,819▲36.0% | 990 |
| 2018 | $159,109 | $125,510 | $34,432 | $34,432 | 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 83-2559340) 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.