Illinois Association of Future Farmers of America

EIN: 376043957 Youth Development

Springfield, IL

Total Revenue
$1,565,624
Total Expenses
$1,527,291
Total Assets
$248,796
Net Assets
$248,796
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
IL
Principal Officer
John C Edgar
Phone
2177533328
Tax Period
2024-07-01 to 2025-06-30

Illinois Association of Future Farmers of America, founded in 1929, is a community nonprofit in the Youth Development sector that reported $1.6M in total revenue in fiscal year 2024.

Mission

Develop competent and assertive agricultural leadership, increase awareness of the global technological importance of agriculture and it's contribution to our well-being, strengthen the confidence of agricultural students in themselves and their work, promote the intelligent choice and establishment of an agricultural career, encourage achievement in supervised agricultural experience programs, encourage wise management of economic, enviromental, and human resources of the community, develop intrerpersonal skills in teamwork, communications, human relations and social interaction, build character and promote citizenship, volunteerism, and patriotism, promote cooperation and cooperative attitudes among all people.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $655,548
Program Service Revenue $908,889
Investment Income $1,187
Other Revenue $0
TOTAL REVENUE $1,565,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,039,366
Other Expenses $1,311,689
TOTAL EXPENSES $1,527,291

Year-over-Year Comparison

2024 2023 Change
Revenue $1,565,624 $1,460,756 +0.1%
Expenses $1,527,291 $1,460,302 +0.0%
Net Income $38,333 $454 +83.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
17

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
7
$169,201
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trenton Payne President 1.00
Officer Director
$0 $0 $0
Brody Will Vice President 1.00
Officer Director
$0 $0 $0
Sidney Stiers Reporter 1.00
Officer Director
$0 $0 $0
Owen Torrance Secretary 1.00
Officer Director
$0 $0 $0
Emma Dinges Treasurer 1.00
Officer Director
$0 $0 $0
Paige Sierens District 1 Direrector 1.00
Director
$0 $0 $0
Caseelynn Johnston District 1 Direrector 1.00
Director
$0 $0 $0
Madison Melendez District 2 Director 1.00
Director
$0 $0 $0
Jason Perry District 2 Director 1.00
Director
$0 $0 $0
Kristina Morrow District 3 Director 1.00
Director
$0 $0 $0
Wyatt McGrew District 3 Director 1.00
Director
$0 $0 $0
Donald Draper District 4 Director 1.00
Director
$0 $0 $0
Jacalyn Meisner District 4 Director 1.00
Director
$0 $0 $0
Rachel Donoho District 5 Director 1.00
Director
$0 $0 $0
Jennifer Ehrhart District 5 Director 1.00
Director
$0 $0 $0
Howard Heavner University Representative 1.00
Director
$0 $0 $0
Jennifer Waters FCAE Representative 1.00
Director
$0 $0 $0
Melinda Bunselmeyer Executive Secretary 1.00
Officer
$0 $0 $100,357
John Edgar Associate Executive Secret 1.00
Officer
$0 $0 $68,844
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 $1,565,624 $1,527,291 $248,796 $38,333
2024 $1,460,756 $1,460,302 $210,463 $454
2023 $1,421,678 $1,388,772 $210,009 $32,906
2021 $700,241 $651,482 $314,037 $48,759
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