Form 990 for tax year 2022
Filed by PENNSYLVANIA FUTURE FARMERS OF AMERICA FOUNDATION INC.
Totals
- Total revenue
- $380,155
- Total expenses
- $518,662
- Contributions and grants received
- $269,002
- Grants paid
- $370,685
- Program service revenue
- $0
- Investment income
- $23,460
- Other revenue
- $87,693
- Total assets, end of year
- $856,520
- Total liabilities, end of year
- $4,929
- Net assets or fund balances, end of year
- $851,591
- Program services expenses (Part IX)
- $445,682
- Management and general expenses
- $28,921
- Fundraising expenses
- $44,059
- Program service expenses (Part III)
- $445,682
Program services were 85.9% 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.
-
1c · Fundraising events
$27,539
-
1f · All other contributions, gifts and grants
$241,463
-
3 · Investment income
total $25,185 · excluded $25,185
-
7a · Gross sales of assets other than inventory
securities $157,691
-
7b · Less cost or other basis and sales expenses
securities $159,416
-
7c · Gain or loss
securities -$1,725
-
7d · Net gain or loss
total -$1,725 · related or exempt -$1,725
-
8a · Fundraising events: gross income
$212,597
-
8a · Fundraising events: contributions included on line 1c
$27,539
-
8b · Fundraising events: direct expenses
$124,904
-
8c · Net income from fundraising events
total $87,693 · excluded $87,693
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $43,311 · program services $43,311
-
2 · Grants to domestic individuals
total $327,374 · program services $327,374
-
5 · Compensation of officers, directors and key employees
total $71,857 · program services $35,569 · management and general $12,575 · fundraising $23,713
-
7 · Other salaries and wages
total $18,261 · program services $12,600 · management and general $183 · fundraising $5,478
-
10 · Payroll taxes
total $7,274 · program services $3,888 · management and general $1,030 · fundraising $2,356
-
11f · Fees: investment management
total $8,848 · program services $3,539 · management and general $5,309
-
12 · Advertising and promotion
total $2,444 · program services $1,306 · management and general $346 · fundraising $792
-
13 · Office expenses
total $12,483 · program services $4,161 · management and general $4,161 · fundraising $4,161
-
17 · Travel
total $11,667 · program services $6,236 · management and general $1,652 · fundraising $3,779
-
23 · Insurance
total $607 · program services $203 · management and general $202 · fundraising $202
-
24a · Other expenses: PAAE DUES REIMBURSED
total $5,700 · program services $5,700
-
24b · Other expenses: MISCELLANEOUS
total $5,246 · program services $0 · management and general $3,463 · fundraising $1,783
-
24c · Other expenses: STEWARDSHIP
total $3,590 · program services $1,795 · fundraising $1,795
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year -$2
-
2 · Savings and temporary cash investments
beginning of year $311,556 · end of year $106,796
-
12 · Investments: other securities
beginning of year $681,784 · end of year $749,726
-
25 · Other liabilities
beginning of year $3,244 · end of year $4,929
-
27 · Net assets without donor restrictions
beginning of year $620,429 · end of year $519,661
-
28 · Net assets with donor restrictions
beginning of year $369,667 · end of year $331,930
Mission and programs · 2022
Mission
TO SECURE RESOURCES FOR THE FUTURE OF AGRICULTURE EDUCATION AND STUDENT LEADER DEVELOPMENT
Activities or mission (Part I)
TO CULTIVATE PARTNERSHIPS AND SECURE RESOURCES TO ENHANCE AGRICULTURAL EDUCATION AND FFA.
-
THE FOUNDATION SOLICITED AND MANAGED CONTRIBUTIONS TO SUPPORT VOCATIONAL AGRICULTURE PROGRAMS IN THE COMMONWEALTH OF PENNSYLVANIA AND TO ENCOURAGE THE GROWTH AND DEVELOPMENT OF FUTURE FARMERS.
Expenses $445,682 · Grants $370,685
As filed on the 2022 return.
Listed in Part VII
-
KATIE MCLAUGHLIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
LUKE ZERBY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
MATTHEW HACKENBERG
TREASURER/FINANCIAL CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
HANNAH MASSER
FUNDRAISING CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
LENA BIONI
MARKETING CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JOEL ROTZ
A&A CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
PHIL HAUSSENER
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS HERR
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
PAUL HEASLEY
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
BECKY HEDGES TEMPLETON
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE AND CHRISTINE GEORGE
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
GARY SWAN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
MARK LOWERY
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
CLAUDIA BRADY
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
CASEY MCMASTERS
BOARD OF TRUSTEES (THRU 8.15.23)
- Total calculated
- $0
- Hours/week
- 1
-
PJ ADAM
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
ED NORMAN
BOARD OF TRUSTEES
- Total calculated
- $0
- Hours/week
- 1
-
SARAH E SPARKS
EXECUTIVE DIRECTOR
- Total calculated
- $68,144
- From this org
- $68,144
- 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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PENNSYLVANIA ASSOCIATION OF FUTURE FARMERS OF AMERICA INC
501(C)(3) · SUPPORT VOCATIONAL AGRICULTURE PROGRAMS IN PENNSYLVANIA · PA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401069349301830
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