Future Farmers of America State Associations & Local Chapter is a 501(c)(3) organization based in Galt, California, registered in 1945, with $4,492,545 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$4.5M
▼ 15.4% vs prior year
Youth median: $163K
Expenses (FY2023)
$4.3M
Net assets
$3.9M
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: 11 mo reserves · +4% 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 →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $3.4M (FY2014) to $4.5M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$103K
Net assets
$3.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,492,545▼15.4% | $4,298,313▼18.6% | $3,941,320▲11.1% | $4,044,593▲4.6% | 990 |
| 2022 | $5,310,835▲47.6% | $5,278,921▲54.4% | $3,547,088▼0.1% | $3,865,526▼1.8% | 990 |
| 2021 | $3,598,487▲55.0% | $3,419,848▲89.6% | $3,549,206▲5.3% | $3,936,368▲14.1% | 990 |
| 2020 | $2,321,839▼20.7% | $1,803,943▼40.0% | $3,370,536▲18.2% | $3,449,958▲12.9% | 990 |
| 2019 | $2,928,093▼43.3% | $3,007,908▼37.5% | $2,852,639▼23.2% | $3,055,661▼49.0% | 990 |
| 2018 | $5,161,118▲6.2% | $4,809,191▼5.6% | $3,712,272▲12.1% | $5,992,545▲5.9% | 990 |
| 2017 | $4,859,679▲30.2% | $5,097,043▲36.6% | $3,312,458▼3.5% | $5,657,499▼4.0% | 990 |
| 2015 | $3,731,294▲11.1% | $3,730,620▲14.8% | $3,431,111▼0.3% | $5,896,250▼1.0% | 990 |
| 2014 | $3,357,708 | $3,250,946▲14.2% | $3,440,236▲9.1% | $5,954,386▲3.2% | 990 |
| 2012 | — | $2,846,860▼1.6% | $3,152,737▲7.1% | $5,769,923▲3.8% | 990 |
| 2011 | — | $2,892,736▲5.9% | $2,944,180▲3.4% | $5,560,110▲2.1% | 990 |
| 2010 | — | $2,732,040 | $2,846,004 | $5,443,934 | 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.
Explore more
Data for Future Farmers of America State Associations & Local Chapter (EIN 95-6053264) 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.