NATIONAL ASSOCIATION OF AGRICULTURAL EDUCATORS INC

EIN: 470467139 501(c)(3) Food, Agriculture & Nutrition

LEXINGTON, KY

Total Revenue
$2,147,514
Total Expenses
$2,292,988
Total Assets
$2,018,815
Net Assets
$1,173,474
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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
KY
Principal Officer
ALISSA SMITH
Phone
8599672892
Tax Period
2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF AGRICULTURAL EDUCATORS INC, founded in 1948, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.1M in total revenue in fiscal year 2024.

Mission

TO ASSUME AND MAINTAIN NATIONAL LEADERSHIP IN THE PROMOTION AND FURTHERANCE OF ALL LEVELS OF AGRICULTURAL EDUCATION; TO BRING TOGETHER AGRICULTURE TEACHERS THROUGH MEMBERSHIP IN A NATIONAL ASSOCIATION DEVOTED EXCLUSIVELY TO THEIR INTERESTS; TO PROVIDE AN OPORTUNITY FOR AGRICULTURE TEACHERS TO DISCUSS PROBLEMS AFFECTING AGRICULTURAL EDUCATION ON A NATIONAL LEVEL; TO SERVE STATE OR LOCAL ASSOCIATIONS OF AGRICULTURAL TEACHERS IN THE SOLUTION OF PROBLEMS WHICH MAY ARISE; TO COOPERATE WITH THE ASSOCIATION FOR CAREER AND TECHNICAL EDUCATION IN FURTHERING THE CAUSE OF CAREER AND TECHNICAL EDUCATION; TO COOPERATE WITH EDUCATION ENTITIES IN FURTHERING THE MISSION OF AGRICULTURAL EDUCATION IN ORDER TO PROVIDE A DYNAMIC EDUCATION SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $1,445,617 Revenue: $293,068

THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION DESIGNED TO FURTHER AGRICULTURAL EDUCATION BY PROVIDING A FORUM FOR MEMBERS TO DISCUSS INTERESTS AND CONCERNS OF THE AGRICULTURAL INDUSTRY.

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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 $1,785,893
Program Service Revenue $255,389
Investment Income $68,553
Other Revenue $37,679
TOTAL REVENUE $2,147,514

Expense Breakdown

Grants Paid $31,500
Salaries & Benefits $339,204
Fundraising Expenses $0
Program Expenses $1,445,617
Other Expenses $1,922,284
TOTAL EXPENSES $2,292,988

Year-over-Year Comparison

2024 2023 Change
Revenue $2,147,514 $2,126,556 +0.0%
Expenses $2,292,988 $2,272,258 +0.0%
Net Income $-145,474 $-145,702 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
9
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
2
$232,898
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM NEWSOM PRESIDENT 5.00
Director
$0 $0 $0
KYLE STAPLETON REGION I VICE PRES 5.00
Director
$0 $0 $0
CAMERON DALE PRESIDENT ELECT 5.00
Director
$0 $0 $0
LAUREN EMERSON REGION II VICE PRES 5.00
Director
$0 $0 $0
PAUL AARSVOLD REGION III VICE PRES 5.00
Director
$0 $0 $0
JOHH HAMMOND REGION IV VICE PRES 5.00
Director
$0 $0 $0
NELSON MCCRACKEN REGION V VICE PRES 5.00
Director
$0 $0 $0
AARON GEIMAN REGION VI VICE PRES 5.00
Director
$0 $0 $0
WM JAY JACKMAN CHIEF FINANCIAL OFFICER 40.00
Officer
$45,258 $6,945 $52,203
ALISSA SMITH CHIEF EXECUTIVE OFFICER 40.00
Officer
$158,589 $22,106 $180,695
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 $2,147,514 $2,292,988 $2,018,815 $-145,474
2023 $2,126,556 $2,272,258 $2,410,484 $-145,702
2022 $5,088,058 $6,463,438 $2,073,372 $-1,375,380
2021 $2,802,357 $2,868,522 $3,546,199 $-66,165
2021 $3,711,556 $3,149,464 $3,365,668 $562,092
2020 $4,293,650 $4,216,023 $2,499,122 $77,627
2019 $4,842,607 $4,626,411 $2,529,621 $216,196
2018 $4,214,837 $3,593,303 $2,264,400 $621,534
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