New York State Future Farmers Leadership Trng Foundation Inc
New York State Future Farmers Leadership Trng Foundation Inc consistently grows assets with no reported officer compensation.
EIN: 156012484 · Croghan, NY · NTEE: O52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $4.8M |
| Transparency Score | 92/100 |
Is New York State Future Farmers Leadership Trng Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York State Future Farmers Leadership Trng Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York State Future Farmers Leadership Trng Foundation Inc
New York State Future Farmers Leadership Trng Foundation Inc (EIN: 156012484) is a nonprofit organization based in Croghan, NY, classified under NTEE code O52Z. The organization reported total revenue of $1.7M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York State Future Farmers Leadership Trng Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York State Future Farmers Leadership Trng Foundation Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$383K |
| Total Assets | $5.9M |
| Total Liabilities | $1.1M |
| Net Assets | $4.8M |
| Operating Margin | 24.7% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 61.1 months |
Financial Health Grade: A
In 2023, New York State Future Farmers Leadership Trng Foundation Inc reported a surplus of $383K with revenue exceeding expenses, holds 61.1 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York State Future Farmers Leadership Trng Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +42.5% | +0.8% | +8.6% |
| 2022 | -11.3% | +27.4% | -3.5% |
| 2021 | -2.8% | +45.1% | +4.2% |
| 2020 | -62.5% | -51.5% | +18.6% |
| 2019 | +164.1% | +11.6% | +118.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York State Future Farmers Leadership Trng Foundation Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, New York State Future Farmers Leadership Trng Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $383K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with annual revenues exceeding $1 million and assets over $5 million, suggesting either a volunteer-led executive team or compensation is covered by another entity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York State Future Farmers Leadership Trng Foundation Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further investigation into how executive functions are compensated or supported.
Strengths
The following positive indicators were identified for New York State Future Farmers Leadership Trng Foundation Inc:
- Consistent asset growth, from $1,870,952 in 2014 to $5,936,764 in 2023, demonstrating strong financial management.
- Zero reported officer compensation across all filings, indicating a high proportion of funds likely directed to programs.
- Consistent revenue generation, with latest revenue at $1,548,876, supporting ongoing operations.
- Healthy financial surpluses in most years, contributing to robust reserves.
- Strong liquidity with assets significantly exceeding liabilities ($5,936,764 vs $1,088,221 in 2023).
Frequently Asked Questions about New York State Future Farmers Leadership Trng Foundation Inc
Is New York State Future Farmers Leadership Trng Foundation Inc a legitimate charity?
New York State Future Farmers Leadership Trng Foundation Inc (EIN: 156012484) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does New York State Future Farmers Leadership Trng Foundation Inc spend its money?
New York State Future Farmers Leadership Trng Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to New York State Future Farmers Leadership Trng Foundation Inc tax-deductible?
New York State Future Farmers Leadership Trng Foundation Inc is registered as a tax-exempt nonprofit (EIN: 156012484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York State Future Farmers Leadership Trng Foundation Inc CEO make?
New York State Future Farmers Leadership Trng Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York State Future Farmers Leadership Trng Foundation Inc's spending goes to programs?
New York State Future Farmers Leadership Trng Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York State Future Farmers Leadership Trng Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), New York State Future Farmers Leadership Trng Foundation Inc is above average for NTEE category O52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York State Future Farmers Leadership Trng Foundation Inc located?
New York State Future Farmers Leadership Trng Foundation Inc is headquartered in Croghan, New York and files with the IRS under EIN 156012484. It is classified under NTEE code O52Z.
How many years of IRS 990 filings does New York State Future Farmers Leadership Trng Foundation Inc have?
New York State Future Farmers Leadership Trng Foundation Inc has 13 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 $1.7M in total revenue.
Is New York State Future Farmers Leadership Trng Foundation Inc a good charity?
Based on the provided data, the organization appears to be a good charity. It consistently generates surpluses, grows its assets, and reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has the organization's financial health changed over the last five years?
Over the last five years (2019-2023), the organization's assets have grown significantly from $4,583,432 to $5,936,764. Revenue has fluctuated, with a peak of $3,361,092 in 2019, but has remained robust, consistently exceeding expenses in most years, indicating stable financial health.
What is the trend in the organization's liabilities?
Liabilities have shown some fluctuation but generally remained manageable relative to assets. They increased from $1,001,271 in 2019 to $1,088,221 in 2023, which is a slight increase but still represents a small portion of the total assets of $5,936,764.
Does the organization have sufficient reserves?
With assets of $5,936,764 and annual expenses of $1,166,263 in the latest period, the organization holds approximately 5 years of operating expenses in reserves, indicating a very strong financial position and ample reserves.
Filing History
IRS 990 filing history for New York State Future Farmers Leadership Trng Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York State Future Farmers Leadership Trng Foundation Inc's revenue has grown by 106.4%, moving from $751K to $1.5M. Total assets increased by 423.2% over the same period, from $1.1M to $5.9M. Total functional expenses rose by 80.2%, from $647K to $1.2M. In its most recent filing year (2023), New York State Future Farmers Leadership Trng Foundation Inc reported a surplus of $383K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $5.9M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $5.9M | $1.1M | — | View 990 |
| 2022 | $1.1M | $1.2M | $5.5M | $1.0M | — | View 990 |
| 2021 | $1.2M | $908K | $5.7M | $1.1M | — | View 990 |
| 2020 | $1.3M | $626K | $5.4M | $1.2M | — | — |
| 2019 | $3.4M | $1.3M | $4.6M | $1.0M | — | View 990 |
| 2018 | $1.3M | $1.2M | $2.1M | $590K | — | View 990 |
| 2017 | $1.1M | $1.1M | $2.0M | $600K | — | View 990 |
| 2016 | $930K | $1.1M | $1.9M | $301K | — | View 990 |
| 2015 | $1.2M | $991K | $2.0M | $320K | — | View 990 |
| 2014 | $1.3M | $803K | $1.9M | $338K | — | View 990 |
| 2013 | $872K | $715K | $1.4M | $382K | — | View 990 |
| 2012 | $855K | $771K | $1.2M | $372K | — | View 990 |
| 2011 | $751K | $647K | $1.1M | $380K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $5.9M (revenue +42.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $5.5M (revenue -11.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $908K, and assets of $5.7M (revenue -2.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $626K, and assets of $5.4M (revenue -62.5% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.3M, and assets of $4.6M (revenue +164.1% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +13.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $2.0M (revenue +20.4% year-over-year).
- 2016: Revenue of $930K, expenses of $1.1M, and assets of $1.9M (revenue -21.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $991K, and assets of $2.0M (revenue -10.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $803K, and assets of $1.9M (revenue +52.6% year-over-year).
- 2013: Revenue of $872K, expenses of $715K, and assets of $1.4M (revenue +2.0% year-over-year).
- 2012: Revenue of $855K, expenses of $771K, and assets of $1.2M (revenue +14.0% year-over-year).
- 2011: Revenue of $751K, expenses of $647K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York State Future Farmers Leadership Trng Foundation Inc:
Data Sources and Methodology
This transparency report for New York State Future Farmers Leadership Trng Foundation Inc 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.