Mississippi Ffa Foundation
EIN: 582074077 · Brandon, MS · NTEE: O52Z
| Metric | Value |
|---|---|
| Total Revenue | $490K |
| Total Expenses | $268K |
| Net Assets | $435K |
Is Mississippi Ffa Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mississippi Ffa Foundation
Mississippi Ffa Foundation (EIN: 582074077) is a nonprofit organization based in Brandon, MS, classified under NTEE code O52Z. The organization reported total revenue of $490K and total assets of $509K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mississippi Ffa Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mississippi Ffa Foundation is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $268K |
| Surplus / Deficit | $-58,698 |
| Total Assets | $436K |
| Total Liabilities | $841 |
| Net Assets | $435K |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, Mississippi Ffa Foundation reported a deficit of $59K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Mississippi Ffa Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +6.6% | +10.1% |
| 2022 | -22.0% | +32.9% | -34.3% |
| 2021 | -8.0% | -17.7% | +13.1% |
| 2020 | -9.7% | -17.6% | +21.7% |
| 2019 | +56.8% | +28.8% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mississippi Ffa 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 Mississippi Ffa 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 $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Mississippi Ffa Foundation
Is Mississippi Ffa Foundation a legitimate charity?
Mississippi Ffa Foundation (EIN: 582074077) is a registered tax-exempt nonprofit based in Mississippi. It has 12 years of IRS 990 filings on record. Total revenue: $490K. No red flags identified. Financial health grade: B.
How does Mississippi Ffa Foundation spend its money?
Mississippi Ffa Foundation reported $490K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mississippi Ffa Foundation tax-deductible?
Mississippi Ffa Foundation is registered as a tax-exempt nonprofit (EIN: 582074077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mississippi Ffa Foundation located?
Mississippi Ffa Foundation is headquartered in Brandon, Mississippi and files with the IRS under EIN 582074077. It is classified under NTEE code O52Z.
How many years of IRS 990 filings does Mississippi Ffa Foundation have?
Mississippi Ffa 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 $490K in total revenue.
Filing History
IRS 990 filing history for Mississippi Ffa Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Mississippi Ffa Foundation's revenue has grown by 11%, moving from $188K to $209K. Total assets decreased by 22.5% over the same period, from $562K to $436K. Total functional expenses rose by 40.6%, from $190K to $268K. In its most recent filing year (2023), Mississippi Ffa Foundation reported a deficit of $59K, with expenses exceeding revenue. The organization holds $841 in liabilities against $436K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $435K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $268K | $436K | $841 | — | — |
| 2022 | $190K | $251K | $396K | $2K | — | View 990 |
| 2021 | $243K | $189K | $603K | $2K | — | View 990 |
| 2020 | $264K | $230K | $533K | $2K | — | View 990 |
| 2019 | $293K | $279K | $438K | $2K | — | View 990 |
| 2018 | $187K | $217K | $415K | $2K | — | View 990 |
| 2017 | $227K | $258K | $445K | $2K | — | View 990 |
| 2016 | $238K | $242K | $482K | $6K | — | View 990 |
| 2015 | $234K | $269K | $490K | $8K | — | View 990 |
| 2014 | $260K | $248K | $529K | $0 | — | View 990 |
| 2012 | $172K | $194K | $526K | $0 | — | View 990 |
| 2011 | $188K | $190K | $562K | $790 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $268K, and assets of $436K (revenue +10.3% year-over-year).
- 2022: Revenue of $190K, expenses of $251K, and assets of $396K (revenue -22.0% year-over-year).
- 2021: Revenue of $243K, expenses of $189K, and assets of $603K (revenue -8.0% year-over-year).
- 2020: Revenue of $264K, expenses of $230K, and assets of $533K (revenue -9.7% year-over-year).
- 2019: Revenue of $293K, expenses of $279K, and assets of $438K (revenue +56.8% year-over-year).
- 2018: Revenue of $187K, expenses of $217K, and assets of $415K (revenue -17.9% year-over-year).
- 2017: Revenue of $227K, expenses of $258K, and assets of $445K (revenue -4.3% year-over-year).
- 2016: Revenue of $238K, expenses of $242K, and assets of $482K (revenue +1.3% year-over-year).
- 2015: Revenue of $234K, expenses of $269K, and assets of $490K (revenue -10.0% year-over-year).
- 2014: Revenue of $260K, expenses of $248K, and assets of $529K (revenue +51.1% year-over-year).
- 2012: Revenue of $172K, expenses of $194K, and assets of $526K (revenue -8.5% year-over-year).
- 2011: Revenue of $188K, expenses of $190K, and assets of $562K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mississippi Ffa Foundation:
Data Sources and Methodology
This transparency report for Mississippi Ffa 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.