Form 990 for tax year 2023
Filed by FUTURE FARMERS OF AMERICA AND ITS STATE ASSOCIATIONS & LOCAL CHAPTER.
Totals
- Total revenue
- $250,499
- Total expenses
- $253,014
- Contributions and grants received
- $95,000
- Grants paid
- $0
- Program service revenue
- $155,499
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $18,227
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $18,227
- Program services expenses (Part IX)
- $253,014
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $253,014
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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$95,000
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: StatemFFA Convention
total $74,973 · related or exempt $74,973 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Rising Sun Conference
total $7,790 · related or exempt $7,790 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $72,736 · related or exempt $72,736 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0
-
6 · Compensation of disqualified persons
total $0 · program services $0
-
7 · Other salaries and wages
total $0 · program services $0
-
8 · Pension plan contributions
total $0 · program services $0
-
9 · Other employee benefits
total $0 · program services $0
-
10 · Payroll taxes
total $0 · program services $0
-
11a · Fees: management
total $0 · program services $0
-
11b · Fees: legal
total $0 · program services $0
-
11c · Fees: accounting
total $0 · program services $0
-
11d · Fees: lobbying
total $0 · program services $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0
-
11g · Fees: other
total $0 · program services $0
-
12 · Advertising and promotion
total $1,448 · program services $1,448
-
13 · Office expenses
total $0 · program services $0
-
14 · Information technology
total $0 · program services $0
-
15 · Royalties
total $0 · program services $0
-
16 · Occupancy
total $0 · program services $0
-
17 · Travel
total $22,845 · program services $22,845
-
18 · Travel or entertainment for public officials
total $0 · program services $0
-
19 · Conferences, conventions and meetings
total $129,639 · program services $129,639
-
20 · Interest
total $0 · program services $0
-
21 · Payments to affiliates
total $0 · program services $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0
-
23 · Insurance
total $8,491 · program services $8,491
-
24a · Other expenses: National FFA Convention
total $9,865 · program services $9,865 · management and general $0 · fundraising $0
-
24b · Other expenses: CDE and LDE Expenses
total $3,475 · program services $3,475 · management and general $0 · fundraising $0
-
24c · Other expenses: Sponsored Program Expenses
total $13,765 · program services $13,765 · management and general $0 · fundraising $0
-
24d · Other expenses: State Officer Programs
total $52,314 · program services $52,314 · management and general $0 · fundraising $0
-
24e · All other expenses
total $11,172 · program services $11,172
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,622 · end of year $18,227
-
2 · Savings and temporary cash investments
beginning of year $5,120
-
3 · Pledges and grants receivable
beginning of year $0
-
4 · Accounts receivable
beginning of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0
-
7 · Other notes and loans receivable
beginning of year $0
-
8 · Inventories for sale or use
beginning of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0
-
11 · Investments: publicly traded securities
beginning of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $20,742 · end of year $18,227
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
To make 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)
Youth leadership development for students enrolled in agricultural education courses.
-
State FFA Convention provides an opportunity fro students to develop leadership skills. The Convention includes a number of Career and Leadership Development Events, general sessions, delegate business sessions, awards, a career expo, and other events intended to motivate and recognize members.
Expenses $110,730 · Revenue $74,973
-
The agriculture industry is promoted through Kentucky FFA's involvement in the Kentucky State Fair.
Expenses $14,706 · Revenue $823
-
State Officer Expenses include funds spent to train and support the twelve State FFA Officers. The officers represent over 21,000 members across Kentucky. They provide leadership for the state organization and provide support to local chapters and members. Expenses include meals, lodging, transportation, etc. for trainings as well as mileage and other expenses incurred by officers while traveling across the state.
Expenses $52,314 · Revenue $18,681
-
Kentucky FFA additionally hosted competitive events, leadership conferences, and provided educational opportunities for members.
Expenses $75,264 · Revenue $28,360
As filed on the 2023 return.
Listed in Part VII
-
Caroline Groth
President
- Total calculated
- $0
- Hours/week
- 12
-
Jackson Baird
Vice President
- Total calculated
- $0
- Hours/week
- 10
-
Emma Ballinger
Secretary
- Total calculated
- $0
- Hours/week
- 6
-
Amelia Tucker
Treasurer
- Total calculated
- $0
- Hours/week
- 6
-
Laken White
Reporter
- Total calculated
- $0
- Hours/week
- 6
-
Emylou Miller
Sentinel
- Total calculated
- $0
- Hours/week
- 6
-
Mattalyn Johnson
Barren River State VP
- Total calculated
- $0
- Hours/week
- 6
-
Macey Thompson
Lincoln Trail State VP
- Total calculated
- $0
- Hours/week
- 6
-
Presleigh Jennings
Purchase State VP
- Total calculated
- $0
- Hours/week
- 6
-
Haley Polley
Licking River State VP
- Total calculated
- $0
- Hours/week
- 6
-
Tyler Spencer
Big Sandy River State VP
- Total calculated
- $0
- Hours/week
- 6
-
Kimberlyn Price
Northern Kentucky State VP
- Total calculated
- $0
- Hours/week
- 6
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
- 2023
- Filed
- 8 March 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400689349300305
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.