Utah Future Farmers Of America Foundation
EIN: 742392777 · Logan, UT · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $139K |
| Net Assets | $489K |
Is Utah 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 Utah Future Farmers Of America Foundation
Utah Future Farmers Of America Foundation (EIN: 742392777) is a nonprofit organization based in Logan, UT, classified under NTEE code P12. The organization reported total revenue of $235K and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utah Future Farmers Of America Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utah Future Farmers Of America Foundation is a small nonprofit that has been operating for 14 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $139K |
| Surplus / Deficit | +$59K |
| Total Assets | $489K |
| Net Assets | $489K |
| Operating Margin | 29.9% |
| Months of Reserves | 42.3 months |
Financial Health Grade: A
In 2023, Utah Future Farmers Of America Foundation reported a surplus of $59K with revenue exceeding expenses, holds 42.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Utah Future Farmers Of America Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.0% | +60.1% | +13.8% |
| 2022 | +140.9% | +54.9% | +23.2% |
| 2021 | -43.1% | -35.6% | +4.1% |
| 2020 | +220.9% | +235.6% | +11.8% |
| 2019 | +55.2% | +257.6% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utah 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 Utah 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 surplus of $59K, with revenue exceeding expenses.
Frequently Asked Questions about Utah Future Farmers Of America Foundation
Is Utah Future Farmers Of America Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Utah Future Farmers Of America Foundation (EIN: 742392777) insufficient data. 0 red flags identified, 0 strengths noted.
How does Utah Future Farmers Of America Foundation spend its money?
Detailed spending breakdown data is not yet available for Utah Future Farmers Of America Foundation. Check back for updated IRS 990 analysis.
Are donations to Utah Future Farmers Of America Foundation tax-deductible?
Utah Future Farmers Of America Foundation is registered as a tax-exempt nonprofit (EIN: 742392777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utah Future Farmers Of America Foundation located?
Utah Future Farmers Of America Foundation is headquartered in Logan, Utah and files with the IRS under EIN 742392777. It is classified under NTEE code P12.
How many years of IRS 990 filings does Utah Future Farmers Of America Foundation have?
Utah Future Farmers Of America Foundation has 14 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 $235K in total revenue.
Filing History
IRS 990 filing history for Utah Future Farmers Of America Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Utah Future Farmers Of America Foundation's revenue has grown by 480.4%, moving from $34K to $198K. Total assets increased by 147.7% over the same period, from $197K to $489K. Total functional expenses rose by 390.8%, from $28K to $139K. In its most recent filing year (2023), Utah Future Farmers Of America Foundation reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $139K | $489K | $0 | — | View 990 |
| 2022 | $168K | $87K | $430K | $0 | — | View 990 |
| 2021 | $70K | $56K | $349K | $0 | — | View 990 |
| 2020 | $122K | $87K | $335K | $0 | — | — |
| 2019 | $38K | $26K | $300K | $0 | — | View 990 |
| 2018 | $25K | $7K | $287K | $0 | — | View 990 |
| 2017 | $16K | $600 | $270K | $0 | — | View 990 |
| 2016 | $14K | $41 | $254K | $0 | — | View 990 |
| 2015 | $12K | $10K | $240K | $0 | — | View 990 |
| 2014 | $28K | $7K | $239K | $0 | — | View 990 |
| 2013 | $24K | $19K | $218K | $0 | — | View 990 |
| 2012 | $19K | $13K | $214K | $0 | — | View 990 |
| 2011 | $24K | $14K | $207K | $0 | — | — |
| 2010 | $34K | $28K | $197K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $139K, and assets of $489K (revenue +18.0% year-over-year).
- 2022: Revenue of $168K, expenses of $87K, and assets of $430K (revenue +140.9% year-over-year).
- 2021: Revenue of $70K, expenses of $56K, and assets of $349K (revenue -43.1% year-over-year).
- 2020: Revenue of $122K, expenses of $87K, and assets of $335K (revenue +220.9% year-over-year).
- 2019: Revenue of $38K, expenses of $26K, and assets of $300K (revenue +55.2% year-over-year).
- 2018: Revenue of $25K, expenses of $7K, and assets of $287K (revenue +50.1% year-over-year).
- 2017: Revenue of $16K, expenses of $600, and assets of $270K (revenue +15.2% year-over-year).
- 2016: Revenue of $14K, expenses of $41, and assets of $254K (revenue +20.7% year-over-year).
- 2015: Revenue of $12K, expenses of $10K, and assets of $240K (revenue -57.9% year-over-year).
- 2014: Revenue of $28K, expenses of $7K, and assets of $239K (revenue +16.6% year-over-year).
- 2013: Revenue of $24K, expenses of $19K, and assets of $218K (revenue +26.5% year-over-year).
- 2012: Revenue of $19K, expenses of $13K, and assets of $214K (revenue -20.7% year-over-year).
- 2011: Revenue of $24K, expenses of $14K, and assets of $207K (revenue -29.9% year-over-year).
- 2010: Revenue of $34K, expenses of $28K, and assets of $197K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utah Future Farmers Of America Foundation:
Data Sources and Methodology
This transparency report for Utah 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.