FUTURE FARMERS OF AMERICA ALA ASSOC

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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

JERAD DYESS

Phone

3346944746

Tax Period

2021-07-01 to 2022-06-30

FUTURE FARMERS OF AMERICA ALA ASSOC, founded in 1929, is a small nonprofit in the Youth Development sector that reported $316K in total revenue in fiscal year 2021. Revenue surged 119% from the prior year, signaling strong growth momentum.

Mission

TO CREATE, ASSIST AND PROVIDE OPPORTUNITIES FOR LOCAL FUTURE FARMERS OF AMERICA CHAPTERS AND PROVIDE INSTRUCTIONAL MATERIAL TO LOCAL AGRICSCIENCE PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $219,701 Revenue: $325

PROGRAM SERVICE EXPENSES FACILITATE THE EDUCATION PROCESS OF FUTURE FARMERS OF AMERICA MEMBERS THROUGHOUT THE STATE OF ALABAMA

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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 (2021)

Revenue Breakdown

Contributions & Grants $284,024

Program Service Revenue $0

Investment Income $31,224

Other Revenue $325

TOTAL REVENUE $315,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,701

Other Expenses $338,719

TOTAL EXPENSES $338,719

Year-over-Year Comparison

	2021	2020	Change
Revenue	$315,573	$144,315	+1.2%
Expenses	$338,719	$126,586	+1.7%
Net Income	$-23,146	$17,729	-2.3%

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

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
JARED DYESS	DIRECTOR/EXEC. SECRETARY	16.00	Director	$0	$0	$0
COLLIN ADCOCK	DIRECTOR	1.00	Director	$0	$0	$0
MATT BALL	DIRECTOR	1.00	Director	$0	$0	$0
DARYL BEHEL	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BALL	DIRECTOR	1.00	Director	$0	$0	$0
DOUG THIESSEN	DIRECTOR	1.00	Director	$0	$0	$0
SARAH MURCHISON	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS CLEMMONS	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA BALKCOM	DIRECTOR	1.00	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
2022	$315,573	$338,719	$237,863	$-23,146
2021	$144,315	$126,586	$260,071	$17,729
2020	$142,169	$85,131	$256,481	$57,038
2019	$132,179	$113,787	$189,325	$18,392