Skip to content
Nonprofiteer
← VIRGINIA FFA FOUNDATION INC

Form 990 for tax year 2022

Filed by VIRGINIA FFA FOUNDATION INC.

Totals

Total revenue
$349,144
Total expenses
$357,420
Contributions and grants received
$286,847
Grants paid
$164,760
Program service revenue
$0
Investment income
$0
Other revenue
$62,297
Total assets, end of year
$2,439,502
Total liabilities, end of year
$278,397
Net assets or fund balances, end of year
$2,161,105
Program services expenses (Part IX)
$328,666
Management and general expenses
$28,754
Fundraising expenses
$0
Program service expenses (Part III)
$328,666

Program services were 92.0% 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)

    $15,000

  • 1f · All other contributions, gifts and grants

    $271,847

  • 8a · Fundraising events: gross income

    $94,993

  • 8b · Fundraising events: direct expenses

    $33,796

  • 8c · Net income from fundraising events

    total $61,197 · excluded $61,197

  • 11a · Other revenue: RESTITUTION INCOME

    total $1,100 · related or exempt $1,100

  • 11e · Other revenue, total

    $1,100

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $164,760 · program services $164,760

  • 5 · Compensation of officers, directors and key employees

    total $47,219 · program services $47,219

  • 7 · Other salaries and wages

    total $4,041 · program services $4,041

  • 10 · Payroll taxes

    total $3,921 · program services $3,921

  • 11c · Fees: accounting

    total $2,500 · management and general $2,500

  • 11f · Fees: investment management

    total $22,121 · management and general $22,121

  • 12 · Advertising and promotion

    total $5,114 · program services $5,114

  • 13 · Office expenses

    total $15,005 · program services $15,005

  • 14 · Information technology

    total $10,673 · program services $10,673

  • 17 · Travel

    total $31,326 · program services $31,326

  • 19 · Conferences, conventions and meetings

    total $45,343 · program services $45,343

  • 23 · Insurance

    total $2,015 · management and general $2,015

  • 24a · Other expenses: OTHER MEMBERSHIPS & DUE

    total $1,883 · management and general $1,883

  • 24b · Other expenses: STORAGE RENTAL COSTS

    total $1,264 · program services $1,264

  • 24c · Other expenses: BUSINESS REGISTRATION F

    total $235 · management and general $235

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,066 · end of year $1,066

  • 2 · Savings and temporary cash investments

    beginning of year $85,072 · end of year $106,845

  • 10a · Land, buildings and equipment: cost or other basis

    $5,561

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $5,560 · end of year $5,561

  • 11 · Investments: publicly traded securities

    beginning of year $2,709,606 · end of year $2,326,030

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,664 · end of year $14,593

  • 21 · Escrow or custodial account liability

    beginning of year $308,116 · end of year $263,804

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,486,524 · end of year $2,161,105

Mission and programs · 2022

Mission

FFA MAKES A POSITIVE DIFFERENCE IN THE LIVES OF STUDENTS BY DEVELOPING THEIR POTENTIAL FOR PREMIER LEADERSHIP, PERSONAL GROWTH AND CAREER SUCCESS THROUGH AGRICULTURAL EDUCATION.

Activities or mission (Part I)

TO PROMOTE THE BEST INTEREST OF STUDENTS AND THOSE INVOLVED IN AGRICULTURAL EDUCATION/FFA IN ORDER TO ENHANCE OPPORTUNITIES THAT WILL ENABLE EVERY STUDENT TO REACH THEIR MAXIMUM POTENTIAL OF A PRODUCTIVE CITIZEN OF THE COMMONWEALTH.

  • PROVIDING FUNDING FOR VIRGINIA FFA ASSOCIATION MEMBERS TRAVEL TO REGIONAL AND NATIONAL COMPETITIONS, AND CONTEST AWARDS FOR STATE COMPETITIONS. PROVIDED FUNDING FOR VIRGINIA FFA ASSOCIATION STATE OFFICERS TO FULFILL THEIR DUTIES IN OUTREACH AND EDUCATION TO MORE THAN 8,000 FFA MEMBERS ACCROSS THE COMMONWEALTH. PROVIDED FUNDING FOR CONFERENCES, WORKSHOPS, AND SCHOLARSHIPS FOR FFA MEMBERS AND AGRICULTURAL EDUCATORS IN PURSUIT OF OUR MISSION.

    Expenses $328,666 · Grants $164,760 · Revenue $1,100

As filed on the 2022 return.

Listed in Part VII

  • Adam Ford

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Beth Breeding

    SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Forrest Sanford

    TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Brian Walsh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Daniel Lauro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chris Atkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Makayla Craig

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Rebekah Slabach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Keighly Gore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jen Neil

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Brian Carpenter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Raleigh Hayter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Greta Liskey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Scott Bennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Melessa Suder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Moir Beamer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Richard Preisser

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Todd Legge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Katie Frazier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Andy Seibel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Alison Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Kecley Weston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • La Veta Nutter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Armstrong

    EXECUTIVE DIRECTOR

    Total calculated
    $47,219
    From this org
    $47,219
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349302160

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.