Form 990 for tax year 2022
Filed by TENNESSEE FUTURE FARMERS OF AMERICA FOUNDATION INC.
Totals
- Total revenue
- $1,889,487
- Total expenses
- $1,208,853
- Contributions and grants received
- $1,475,197
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $409,701
- Other revenue
- $4,589
- Total assets, end of year
- $9,821,469
- Total liabilities, end of year
- $450,196
- Net assets or fund balances, end of year
- $9,371,273
- Program services expenses (Part IX)
- $939,443
- Management and general expenses
- $204,470
- Fundraising expenses
- $64,940
- Program service expenses (Part III)
- $939,443
Program services were 77.7% 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)
$805,000
-
1f · All other contributions, gifts and grants
$670,197
-
3 · Investment income
total $409,701 · excluded $409,701
-
11a · Other revenue: OTHER INCOME
total $4,589 · excluded $4,589
-
11e · Other revenue, total
$4,589
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $191,385 · program services $81,110 · management and general $94,811 · fundraising $15,464
-
9 · Other employee benefits
total $5,165 · program services $3,874 · management and general $1,291
-
10 · Payroll taxes
total $14,641 · program services $6,205 · management and general $7,253 · fundraising $1,183
-
11a · Fees: management
total $4,057 · management and general $4,057
-
11c · Fees: accounting
total $7,647 · management and general $7,647
-
11f · Fees: investment management
total $45,445 · management and general $45,445
-
11g · Fees: other
total $3,854 · fundraising $3,854
-
12 · Advertising and promotion
total $3,845 · management and general $3,845
-
13 · Office expenses
total $42,243 · management and general $3,978 · fundraising $38,265
-
14 · Information technology
total $22 · management and general $22
-
17 · Travel
total $37,511 · program services $12,493 · management and general $19,334 · fundraising $5,684
-
19 · Conferences, conventions and meetings
total $57,428 · program services $57,428
-
21 · Payments to affiliates
total $329,467 · program services $329,467
-
23 · Insurance
total $1,795 · management and general $1,795
-
24a · Other expenses: PROGRAMS & PROJECTS
total $349,476 · program services $349,476
-
24b · Other expenses: SCHOLARSHIPS & AWARDS
total $96,940 · program services $96,940
-
24c · Other expenses: OTHER BUSINESS EXPENSES
total $7,463 · management and general $7,463
-
24d · Other expenses: TELEPHONE & WEBSITE
total $4,900 · program services $2,450 · management and general $1,960 · fundraising $490
-
24e · All other expenses
total $5,569 · management and general $5,569
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,096,692 · end of year $1,632,304
-
9 · Prepaid expenses and deferred charges
beginning of year $1,468 · end of year $1,365
-
11 · Investments: publicly traded securities
beginning of year $7,499,608 · end of year $8,028,356
-
12 · Investments: other securities
beginning of year $175,854 · end of year $148,992
-
15 · Other assets
beginning of year $9,378 · end of year $10,452
-
21 · Escrow or custodial account liability
beginning of year $451,611 · end of year $450,196
-
24 · Unsecured notes and loans payable
beginning of year $9,003
-
27 · Net assets without donor restrictions
beginning of year $1,298,365 · end of year $2,437,037
-
28 · Net assets with donor restrictions
beginning of year $7,024,021 · end of year $6,934,236
Mission and programs · 2022
Mission
TO SUPPORT AGRICULTUREAL EDUCATION IN TENNESSEE.
-
NONPROFIT ORGANIZATION IN SUPPORT OF AGRICULTURAL EDUCATION IN TENNESSEE.
Expenses $939,443
As filed on the 2022 return.
Listed in Part VII
-
Phillip BakerPHILLIP BAKER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Dr Ben BylerDR BEN BYLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim ChowningTIM CHOWNING
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Keith FowlerKEITH FOWLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ella HastyELLA HASTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott HolmesSCOTT HOLMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rhey HoustonRHEY HOUSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joe HuffineJOE HUFFINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carol Coley McDonaldCAROL COLEY MCDONALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chase MurrayCHASE MURRAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andy NashANDY NASH
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
-
Jimmy OgilvieJIMMY OGILVIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael StanfordMICHAEL STANFORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve StephensSTEVE STEPHENS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Haley WilliamsHALEY WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441339349301024
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.