Louisiana Future Farmers Of America Foundation
EIN: 720922330 · Baton Rouge, LA · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $243K |
| Net Assets | $391K |
Is Louisiana Future Farmers Of America Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Louisiana Future Farmers Of America Foundation
Louisiana Future Farmers Of America Foundation (EIN: 720922330) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code B12. The organization reported total revenue of $206K and total assets of $683K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louisiana Future Farmers Of America Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louisiana Future Farmers Of America Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $222K |
| Total Expenses | $243K |
| Surplus / Deficit | $-21,470 |
| Total Assets | $391K |
| Net Assets | $391K |
| Operating Margin | -9.7% |
| Months of Reserves | 19.3 months |
Financial Health Grade: B
In 2023, Louisiana Future Farmers Of America Foundation reported a deficit of $21K with expenses exceeding revenue, holds 19.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Louisiana Future Farmers Of America Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.1% | +57.0% | -8.2% |
| 2022 | +19.4% | +169.5% | -0.7% |
| 2021 | +10.8% | -68.3% | +19.4% |
| 2020 | +42.9% | +422.4% | -15.7% |
| 2019 | -49.7% | -66.8% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Louisiana Future Farmers Of America Foundation 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 Louisiana Future Farmers Of America Foundation 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 deficit of $21K, with expenses exceeding revenue.
Frequently Asked Questions about Louisiana Future Farmers Of America Foundation
Is Louisiana Future Farmers Of America Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Louisiana Future Farmers Of America Foundation (EIN: 720922330) insufficient data. 0 red flags identified, 0 strengths noted.
How does Louisiana Future Farmers Of America Foundation spend its money?
Detailed spending breakdown data is not yet available for Louisiana Future Farmers Of America Foundation. Check back for updated IRS 990 analysis.
Are donations to Louisiana Future Farmers Of America Foundation tax-deductible?
Louisiana Future Farmers Of America Foundation is registered as a tax-exempt nonprofit (EIN: 720922330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Louisiana Future Farmers Of America Foundation located?
Louisiana Future Farmers Of America Foundation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 720922330. It is classified under NTEE code B12.
How many years of IRS 990 filings does Louisiana Future Farmers Of America Foundation have?
Louisiana Future Farmers Of America Foundation has 12 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 $206K in total revenue.
Filing History
IRS 990 filing history for Louisiana Future Farmers Of America Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Louisiana Future Farmers Of America Foundation's revenue has grown by 242.8%, moving from $65K to $222K. Total assets increased by 69% over the same period, from $231K to $391K. Total functional expenses rose by 652.3%, from $32K to $243K. In its most recent filing year (2023), Louisiana Future Farmers Of America Foundation reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $222K | $243K | $391K | $0 | — | View 990 |
| 2022 | $152K | $155K | $426K | $0 | — | View 990 |
| 2021 | $127K | $58K | $429K | $0 | — | — |
| 2020 | $115K | $182K | $359K | $0 | — | View 990 |
| 2019 | $80K | $35K | $426K | $0 | — | View 990 |
| 2018 | $160K | $105K | $381K | $0 | — | View 990 |
| 2017 | $57K | $43K | $326K | $0 | — | View 990 |
| 2016 | $73K | $24K | $312K | $0 | — | View 990 |
| 2015 | $65K | $64K | $263K | $0 | — | View 990 |
| 2014 | $90K | $93K | $262K | $0 | — | View 990 |
| 2013 | $79K | $46K | $265K | $0 | — | View 990 |
| 2012 | $65K | $32K | $231K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $222K, expenses of $243K, and assets of $391K (revenue +46.1% year-over-year).
- 2022: Revenue of $152K, expenses of $155K, and assets of $426K (revenue +19.4% year-over-year).
- 2021: Revenue of $127K, expenses of $58K, and assets of $429K (revenue +10.8% year-over-year).
- 2020: Revenue of $115K, expenses of $182K, and assets of $359K (revenue +42.9% year-over-year).
- 2019: Revenue of $80K, expenses of $35K, and assets of $426K (revenue -49.7% year-over-year).
- 2018: Revenue of $160K, expenses of $105K, and assets of $381K (revenue +180.3% year-over-year).
- 2017: Revenue of $57K, expenses of $43K, and assets of $326K (revenue -22.3% year-over-year).
- 2016: Revenue of $73K, expenses of $24K, and assets of $312K (revenue +12.6% year-over-year).
- 2015: Revenue of $65K, expenses of $64K, and assets of $263K (revenue -27.8% year-over-year).
- 2014: Revenue of $90K, expenses of $93K, and assets of $262K (revenue +14.2% year-over-year).
- 2013: Revenue of $79K, expenses of $46K, and assets of $265K (revenue +22.0% year-over-year).
- 2012: Revenue of $65K, expenses of $32K, and assets of $231K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louisiana Future Farmers Of America Foundation:
Data Sources and Methodology
This transparency report for Louisiana Future Farmers Of America Foundation 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.