Future Farmers Of America State Associations & Local Chapter
EIN: 391469571 · Seymour, WI · NTEE: B84
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $295K |
| Net Assets | $65K |
Is Future Farmers Of America State Associations & Local Chapter Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Future Farmers Of America State Associations & Local Chapter
Future Farmers Of America State Associations & Local Chapter (EIN: 391469571) is a nonprofit organization based in Seymour, WI, classified under NTEE code B84. The organization reported total revenue of $315K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Farmers Of America State Associations & Local Chapter's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Farmers Of America State Associations & Local Chapter is a small nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $314K |
| Total Expenses | $295K |
| Surplus / Deficit | +$19K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 6.2% |
| Months of Reserves | 2.6 months |
Financial Health Grade: A
In 2023, Future Farmers Of America State Associations & Local Chapter reported a surplus of $19K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2018–2023), Future Farmers Of America State Associations & Local Chapter's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.2% | +25.8% | +42.5% |
| 2022 | +1152.8% | +680.7% | +238.8% |
| 2020 | -93.3% | -89.4% | -44.2% |
| 2019 | +76.0% | +68.3% | +44.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Future Farmers Of America State Associations & Local Chapter has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Future Farmers Of America State Associations & Local Chapter with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about Future Farmers Of America State Associations & Local Chapter
Is Future Farmers Of America State Associations & Local Chapter a legitimate charity?
Based on AI analysis of IRS 990 filings, Future Farmers Of America State Associations & Local Chapter (EIN: 391469571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Future Farmers Of America State Associations & Local Chapter spend its money?
Detailed spending breakdown data is not yet available for Future Farmers Of America State Associations & Local Chapter. Check back for updated IRS 990 analysis.
Are donations to Future Farmers Of America State Associations & Local Chapter tax-deductible?
Future Farmers Of America State Associations & Local Chapter is registered as a tax-exempt nonprofit (EIN: 391469571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Future Farmers Of America State Associations & Local Chapter located?
Future Farmers Of America State Associations & Local Chapter is headquartered in Seymour, Wisconsin and files with the IRS under EIN 391469571. It is classified under NTEE code B84.
How many years of IRS 990 filings does Future Farmers Of America State Associations & Local Chapter have?
Future Farmers Of America State Associations & Local Chapter has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $315K in total revenue.
Filing History
IRS 990 filing history for Future Farmers Of America State Associations & Local Chapter showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2023), Future Farmers Of America State Associations & Local Chapter's revenue has grown by 90.1%, moving from $165K to $314K. Total assets increased by 290.8% over the same period, from $17K to $65K. Total functional expenses rose by 75.1%, from $168K to $295K. In its most recent filing year (2023), Future Farmers Of America State Associations & Local Chapter reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $314K | $295K | $65K | $0 | — | — |
| 2022 | $243K | $234K | $45K | $0 | — | View 990 |
| 2020 | $19K | $30K | $13K | $0 | — | — |
| 2019 | $291K | $283K | $24K | $0 | — | — |
| 2018 | $165K | $168K | $17K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $314K, expenses of $295K, and assets of $65K (revenue +29.2% year-over-year).
- 2022: Revenue of $243K, expenses of $234K, and assets of $45K (revenue +1152.8% year-over-year).
- 2020: Revenue of $19K, expenses of $30K, and assets of $13K (revenue -93.3% year-over-year).
- 2019: Revenue of $291K, expenses of $283K, and assets of $24K (revenue +76.0% year-over-year).
- 2018: Revenue of $165K, expenses of $168K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Farmers Of America State Associations & Local Chapter:
Data Sources and Methodology
This transparency report for Future Farmers Of America State Associations & Local Chapter is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.