WEST VIRGINIA FFA ASSOCIATION (EIN 556038957) - Form 990 Financial Analysis & Trantor Score

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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

1929

Legal Domicile

Principal Officer

RONALD GRIMES

Phone

3045582347

Tax Period

2024-07-01 to 2025-06-30

WEST VIRGINIA FFA ASSOCIATION, founded in 1929, is a small nonprofit in the Youth Development sector that reported $414K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $358K left a modest 14% surplus.

Mission

EDUCATES MIDDLE AND HIGH SCHOOL STUDENTS IN LEADERSHIP AND AGRICULTURE.

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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 $362,904

Program Service Revenue $0

Investment Income $0

Other Revenue $50,908

TOTAL REVENUE $413,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $357,836

Other Expenses $357,836

TOTAL EXPENSES $357,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,812	$446,152	-0.1%
Expenses	$357,836	$354,822	+0.0%
Net Income	$55,976	$91,330	-0.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANNAH CRUM	PRESIDENT	2.00	Officer	$0	$0	$0
ISABELLE HAUSER	SECRETARY	2.00	Officer	$0	$0	$0
MICHELLE SAMPSON	VICE PRESIDENT - NORTHWESTERN REGION	1.00	Officer	$0	$0	$0
KARI GAY	VICE PRESIDENT - CENTRAL REGION	1.00	Officer	$0	$0	$0
LIBBY STRICKLEN	VICE PRESIDENT - NORTHEASTER REGION	1.00	Officer	$0	$0	$0
HALEY MURPHY	VICE PRESIDENT - SOUTHWEST REGION	1.00	Officer	$0	$0	$0
MIYAH SWIGER	VICE PRESIDENT - NORTH CENTRAL REGION	1.00	Officer	$0	$0	$0
LANEY BURNS	VICE PRESIDENT - EASTERN REGION	1.00	Officer	$0	$0	$0
ISAIAH ASH	PAST STATE PRESIDENT/FFA FOUNDATION REPRESENATIVE	1.00	Officer	$0	$0	$0
KARI BROWN	STATE ADVISOR	1.00	Officer	$0	$0	$0
RON GRIMES	TREASURER	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	$413,812	$357,836	$284,276	$55,976
2024	$446,152	$354,822	$228,300	$91,330
2023	$418,591	$342,441	$171,585	$76,150
2022	$96,024	$200,922	$60,820	$-104,898
2021	$86,888	$47,185	$165,718	$39,703

WEST VIRGINIA FFA ASSOCIATION