FUTURE FARMERS OF AMERICA AND ITS

EIN: 264125280 501(c)(3)

PERRIN, TX

Total Revenue
$216,303
Total Expenses
$322,891
Total Assets
$11,035
Net Assets
$11,035
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
TX
Tax Period
2022-09-01 to 2023-08-31

FUTURE FARMERS OF AMERICA AND ITS, founded in 1942, is a small nonprofit that reported $216K in total revenue in fiscal year 2022. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $323K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROMOTE AND EDUCATE FUTURE FARMERS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $92,791
Program Service Revenue $101,712
Investment Income $148
Other Revenue $21,652
TOTAL REVENUE $216,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,744
Fundraising Expenses $0
Program Expenses $322,891
Other Expenses $304,147
TOTAL EXPENSES $322,891

Year-over-Year Comparison

2022 2021 Change
Revenue $216,303 $145,867 +0.5%
Expenses $322,891 $124,989 +1.6%
Net Income $-106,588 $20,878 -6.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANGE JACOB AREA VP 1.00
Director
$0 $0 $0
BEAU STUTTS AREA VP 1.00
Director
$0 $0 $0
JOSH SANDER AREA VP 1.00
Director
$0 $0 $0
TOME FARMER PRESIDENT 2.00
Director
$0 $0 $0
WENDY MEADOWS COORDINATOR 10.00
Director
$0 $0 $0
LOREN SELL TREASURER 3.00
Director
$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
2024 No data No data No data No data
2023 $216,303 $322,891 $11,035 $-106,588
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FUTURE FARMERS OF AMERICA AND ITS with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.