Future Farmers of America and Its … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Ashley Ralph

Phone

3093191134

Tax Period

2024-09-01 to 2025-08-31

Future Farmers of America and Its State Assciation & Local Chapter, founded in 2005, is a small nonprofit in the Youth Development sector that reported $296K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Provide financial and other support for agricultural education program, students and educators

Program Service Accomplishments

Program 1

Expenses: $39,986 Revenue: $0

Provide scholarships and grants to students and educators

Program 2

Expenses: $270,817 Revenue: $0

Provide funds for educational opportunities, equipment and facilities that support agricultural education

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $258,682

Program Service Revenue $0

Investment Income $2,787

Other Revenue $34,571

TOTAL REVENUE $296,040

Expense Breakdown

Grants Paid $270,817

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $310,803

Other Expenses $39,986

TOTAL EXPENSES $310,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,040	$253,264	+0.2%
Expenses	$310,803	$219,130	+0.4%
Net Income	$-14,763	$34,134	-1.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Zac Dunham	President	1.00	Officer	$0	$0	$0
Jeff Bressner	Vice President	1.00	Officer	$0	$0	$0
Ashley Ralph	Treasurer	1.00	Officer	$0	$0	$0
Kaitlynn Carroll	Secretary	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$296,040	$310,803	$113,192	$-14,763
2024	$253,264	$219,130	$127,955	$34,134

Future Farmers of America and Its State Assciation & Local Chapter