Form 990 for tax year 2024
Filed by STATE ASSOCIATION OF YOUNG FARMERS OF TEXAS.
Totals
- Total revenue
- $52,936
- Total expenses
- $36,633
- Contributions and grants received
- $56,581
- Grants paid
- $18,810
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$3,645
- Total assets, end of year
- $103,167
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $103,167
- Program services expenses (Part IX)
- $36,633
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $36,633
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$56,581
-
8a · Fundraising events: gross income
$183,361
-
8b · Fundraising events: direct expenses
$187,006
-
8c · Net income from fundraising events
total -$3,645 · excluded -$3,645
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $13,835 · program services $13,835
-
2 · Grants to domestic individuals
total $4,975 · program services $4,975
-
11c · Fees: accounting
total $2,820 · program services $2,820
-
13 · Office expenses
total $5,809 · program services $5,809
-
16 · Occupancy
total $902 · program services $902
-
19 · Conferences, conventions and meetings
total $5,420 · program services $5,420
-
22 · Depreciation, depletion and amortization
total $1,133 · program services $1,133
-
23 · Insurance
total $1,724 · program services $1,724
-
24a · Other expenses: Bank fees
total $15 · program services $15
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $57,984 · end of year $80,640
-
2 · Savings and temporary cash investments
beginning of year $9,945 · end of year $4,725
-
10a · Land, buildings and equipment: cost or other basis
$31,960
-
10b · Land, buildings and equipment: accumulated depreciation
$14,158
-
10c · Land, buildings and equipment, net
beginning of year $18,935 · end of year $17,802
-
27 · Net assets without donor restrictions
beginning of year $86,864 · end of year $103,167
Mission and programs · 2024
Mission
Provide scholarships, contribute to Ag related organizations and educate the public about agricultre.
-
The organization brings to the forefront the farming industry by hosting more than 6 events throughout the year. The organization educates and promotes issues facing modern farmers and ranchers.
Expenses $31,658
-
The organization gives back to the community through scholarships and grants.
Expenses $4,975
As filed on the 2024 return.
Listed in Part VII
-
Ronald Caraway
President
- Total calculated
- $0
- Hours/week
- 2
-
Peter Korus
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Michael Korus
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Darryl Ashley
Treasurer
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502329349301615
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